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Options traders are betting United Airlines could tumble on earnings

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Some traders are betting on turbulence ahead for the carrier when its earnings report crosses the wire.

has skyrocketed more than 37% since its October lows, but options traders are betting the high-flying stock could be about to hit some turbulence when it reports earnings after the bell Wednesday.

The carrier usually moves quite a bit when its earnings announcements cross the wire, and plenty of traders who have enjoyed gains are hedging their bets ahead of these results.of about 5% higher or lower by the end of the week. That's about in line with the 4.

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