Markets
Options Alert: Is this Airline Headed to a New 52-Week Low?

Options Alert: Is this Airline Headed to a New 52-Week Low?

American Airlines has been losing altitude for the last two months, and now an options trader is looking for new 52-week lows. Check out this transaction in the carrier yesterday afternoon: A block of 9,947 July 13.50 puts was purchased for $0.64.An equal number of...