Significant Options Activity on Wednesday: UAL, MU, PLTK
Micron Technology Options Trading: Micron Technology Inc. (MU) experienced significant options trading with 114,021 contracts, equating to about 11.4 million underlying shares, notably for the $300 strike call option expiring on February 20, 2026.
Playtika Holding Options Trading: Playtika Holding Corp (PLTK) also saw substantial options activity with 6,462 contracts traded, representing around 646,200 underlying shares, particularly for the $5 strike call option expiring on February 20, 2026.
Trading Volume Comparison: The options trading volume for MU accounted for approximately 41.3% of its average daily trading volume, while PLTK's options volume represented about 40.2% of its average daily trading volume.
Further Information: For additional details on available expirations for UAL, MU, or PLTK options, StockOptionsChannel.com can be visited.
Trade with 70% Backtested Accuracy
Analyst Views on UAL
About UAL
About the author

- Large Order Size: United Airlines has selected 300 GEnx engines to power its new Boeing 787 Dreamliners, bringing its GEnx-powered fleet to over 200 aircraft, solidifying its position as the largest GEnx operator globally.
- Long-Term Partnership: GE Aerospace's relationship with United Airlines dates back to 1968, and this deal further deepens their collaboration, showcasing GE's technological prowess and market influence in the aerospace engine sector.
- Significant Technical Advantages: The GEnx engine features advanced materials and cutting-edge technologies, delivering greater durability and reliability, with a 99.98% dispatch rate that meets airlines' demands for high-performance engines.
- Impressive Future Deliveries: This order brings GE Aerospace's future GEnx deliveries to nearly 1,800 engines plus spares, indicating strong demand and growth potential in the global aviation market.
- Large Order Size: United Airlines has selected 300 GEnx engines for its new Boeing 787 Dreamliners, increasing its fleet of GEnx-powered 787s to over 200, thereby strengthening its competitive position in the global market.
- World's Largest Operator: This agreement positions United Airlines as the largest operator of GEnx engines globally, highlighting the decades-long partnership between GE Aerospace and United, which is expected to drive future business growth for both parties.
- Significant Technical Advantages: The GEnx engine features advanced materials and cutting-edge technologies that provide greater durability and reliability, with a 99.98% dispatch rate, giving it a significant competitive edge in the aviation market to meet customer demands for high performance.
- Substantial Future Deliveries: This order brings GE Aerospace's future GEnx engine deliveries to nearly 1,800 engines, plus spares, further enhancing GE's leadership position in the aircraft engine market and is expected to generate substantial revenue growth for the company.
- Investor Confidence Boost: BlackRock's acquisition of an 8.1% stake in Archer Aviation for $366 million, despite the company missing production targets since its 2021 debut and delivering only one test aircraft, may indicate confidence in its future potential.
- Market Outlook: Archer's Midnight eVTOL is expected to replace helicopters for short-range flights, with capabilities of flying 100 miles on a single charge and reaching speeds of 150 mph; if it secures FAA approval and scales production, analysts project revenues could reach $32 million by 2026.
- Backlog Situation: As of the end of 2025, Archer has a non-committal backlog of $6 billion with approximately 1,200 aircraft orders, showing strong market demand for eVTOLs, although collaboration with major investor Stellantis is progressing slower than anticipated.
- Industry Competition and Challenges: While Archer has potential in the eVTOL market, its market cap of $4.96 billion reflects a valuation of 155 times this year's sales, and it has yet to break even, facing risks of production issues and delayed approvals in the future.
- Union Protests Escalate: The flight attendants' union at American Airlines plans to hold a protest outside the company's headquarters, demanding new leadership, reflecting employee dissatisfaction with CEO Robert Isom, particularly as the company lags behind competitors in profitability and punctuality.
- Profit Expectations Improve: Isom mentioned in a video that the company anticipates a significant profit increase this year, with adjusted earnings per share potentially reaching $2.70, a substantial rise from last year's $0.36, indicating efforts to enhance financial performance.
- Schedule and Service Enhancements: American Airlines is adjusting its schedules, particularly at Dallas-Fort Worth International Airport, to improve flight punctuality, although its current 73.7% on-time rate ranks it low in the industry, highlighting the urgency to enhance customer experience.
- Employee Morale Declines: The decline in profits has led to a smaller profit-sharing pool for employees, causing disappointment among staff, with the union stating that the airline needs stronger accountability and decisive action to maintain competitiveness.
- Employee Protest: American Airlines flight attendants are set to picket at the corporate headquarters in Fort Worth, Texas, to exert pressure on CEO Robert Isom amid concerns over lagging profitability compared to rivals, indicating significant employee dissatisfaction with leadership.
- Profit Expectations vs. Employee Confidence: Despite Isom's assertion in a video that the airline expects a substantial profit increase this year, with adjusted earnings per share potentially reaching $2.70, employee frustration remains high regarding the company's reliability and financial performance, particularly following difficulties in recovery from major winter storms.
- Union Vote of No Confidence: The Association of Professional Flight Attendants issued a vote of no confidence in Isom, marking the first such action by the union, which underscores strong employee discontent with leadership, especially as the airline trails Delta and United in profitability and punctuality.
- Future Development Strategy: In a meeting with about 6,000 managers, Isom emphasized the airline's goals for the next 100 years, and despite facing employee protests and profit pressures, he remains committed to enhancing market competitiveness through upgraded cabin facilities and expanded airport lounges.
- Market Divergence: The highest-earning 10% of U.S. households now account for nearly 50% of consumer spending, a significant increase from just over one-third 30 years ago, highlighting a deepening K-shaped recovery that pressures lower-income households.
- Corporate Strategies: Airlines like Delta and United are shifting their profit focus towards high-end markets by leveraging corporate travel and loyalty programs, reflecting a reliance on affluent consumers for revenue generation.
- Price Adjustments: PepsiCo has cut prices on snacks by up to 15% in response to consumer backlash against previous price hikes, indicating a decline in purchasing power among lower-income consumers and forcing companies to adapt their strategies to maintain market share.
- Wage Growth Disparity: Bank of America reports that wage growth for lower- and middle-income households is lagging at 0.9% and 1.6%, respectively, compared to 3.7% for higher-income households, exacerbating the divergence in consumer spending capabilities.










