AMR – AMR Corp. – Call options on AMR Corp., the parent company of American Airlines, are in high demand with shares of the underlying stock trading up as much as 9.1% to an intraday high of $7.79. AMR’s shares are currently up 7.00% at $7.64 as of 11:10 am (ET). Near-term bullish options investors scooped up 3,900 calls at the June $8.0 strike for an average premium of $0.24 each. Call buyers at this strike price profit if AMR’s shares rally above the average breakeven price of $8.24 by expiration day next month. Optimism spread to the July $8.0 strike where it looks like some 4,000 calls were picked up at an average premium of $0.48 per contract. Investors long the calls make money if shares of the underlying stock rally 11% from the current value of $7.64 to exceed the average breakeven price of $8.48 by July expiration.