Shares of American Airlines Group Inc (NASDAQ:AAL) are slipping this morning, down 2.2% at $14.25 at last glance, after both the company's fourth-quarter earnings of 16 cents per share and revenue of $14 billion missed estimates. The airline name projected strong revenue growth in 2026, however, expecting to earn 7% to 10% more in the first quarter of this year compared to last.
On the charts, AAL has been slipping since its Jan. 7, roughly 11-month peak of $16.50. The $14 level -- the site of today's lows and former resistance in September and November -- may keep the pullback in check, though. This level also coincides with the 80-day moving average. Year over year, the equity is down 28.5%.
Over in the options pits, calls are being picked up at double the intraday average pace. The January 15, 2027 12-strike call is the most active contract, with new positions being sold to open there, followed by the weekly 1/30 15-strike call.
Options look affordable, per the equity's Schaeffer's Volatility Index (SVI) of 49% that ranks in the 18th percentile of its annual range. It's also worth nothing that the stock's Schaeffer's Volatility Scorecard (SVS) ranks at a high 89 out of 100, indicating it has tended to exceed option traders' volatility expectations during the past year.
