AA Stock Options Analysis

Dive deep into implied volatility, put/call ratios, and unusual activity.

$61.35
+3.14 (5.39%)
Stock Price as of: Feb 03, 2026 00:00 ET
Options Data as of: Feb 03, 2026 05:00 ET
95%
IV Percentile (30D)
Very High (expensive options)
Current IV: 59.1%
0.36
Put/Call Ratio (Volume)
Bullish sentiment (more calls traded)
0.35
Put/Call Ratio (Open Interest)
Bullish sentiment (more calls open)
Options Activity Overview

8,716

Total Volume (Today)

179,923

Total Open Interest


Average Implied Volatility: 65.2%

Unusual Options Activity
Type Strike Exp. Date Volume Open Int. IV Score Mid Price
Put $53 2026-02-06 1,075 1,426 84.2% 4.0 $0.12
Call $61 2026-02-20 651 1,467 59.1% 2.7 $2.71
Call $71 2026-02-20 652 1,415 67.7% 2.5 $0.54
Call $63 2026-02-06 130 327 70.5% 2.2 $0.54
Call $60 2026-02-06 118 600 71.0% 1.1 $1.51
Recommended AA Option Strategies

Select a strategy below to see a live setup for AA, including P&L charts and institutional gamma levels.

Frequently Asked Questions

The current average implied volatility for AA near-ATM options is 65.2%. Our IV Percentile is 95%, which indicates that options premiums are currently very high (expensive options) relative to its recent 30-day historical range.

IV Percentile Guide:
80%+: Very expensive - consider selling premium (covered calls, credit spreads)
65-80%: Elevated - selling strategies may be advantageous
45-65%: Moderate - balanced approach works
25-45%: Below average - buying options becomes more attractive
Below 25%: Very cheap - favorable for buying calls or puts

The Put/Call Ratio by volume for AA is 0.36 and by open interest is 0.35.

A ratio above 1 indicates a prevalence of put options, often signaling more bearish sentiment or demand for downside protection. A ratio below 1 indicates more call options, suggesting bullish sentiment or demand for upside exposure.

This options data provides valuable insights into market sentiment and options pricing. High IV suggests selling premium, while low IV suggests buying premium. The Put/Call ratio can confirm overall market direction bias. Unusual activity might highlight institutional positioning. Always combine this with your own technical and fundamental analysis.

For specific options strategies tailored to current market conditions for AA, explore our advanced options advisor tools and strategy builder. This data can inform strategies like covered calls, cash-secured puts, iron condors, and more.

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