someone with a lot of money to spend has taken a bullish stance on alcoa aa and retail traders should know we noticed this today when the big position showed up on publicly available options history that we track here at benzinga whether this is an institution or just a wealthy individual we dont know but when something this big happens with aa it often means somebody knows something is about to happen so how do we know what this whale just did the overall sentiment of these bigmoney traders is split between 58 bullish and 41 bearish out of all of the special options we uncovered 13 are puts for a total amount of 699877 and 4 are calls for a total amount of 430605 taking into account the volume and open interest on these contracts it appears that whales have been targeting a price range from 450 to 950 for alcoa over the last 3 months looking at the volume and open interest is a powerful move while trading options this data can help you track the liquidity and interest for alcoas options for a given strike price below we can observe the evolution of the volume and open interest of calls and puts respectively for all of alcoas whale trades within a strike price range from 450 to 950 in the last 30 days alcoa option volume and open interest over last 30 days where is alcoa standing right now   with a volume of 2810954 the price of aa is down 453 at 6254   rsi indicators hint that the underlying stock may be approaching overbought   next earnings are expected to be released in 36 days options are a riskier asset compared to just trading the stock but they have higher profit potential serious options traders manage this risk by educating themselves daily scaling in and out of trades following more than one indicator and following the markets closely if you want to stay updated on the latest options trades for dcompanyname benzinga progives you realtime options trades alerts