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Delta Air Lines call volume above normal and directionally bullish
The Fly

Delta Air Lines call volume above normal and directionally bullish

Bullish option flow detected in Delta Air Lines with 36,117 calls trading, 3x expected, and implied vol increasing over 3 points to 36.24%. Dec-23 35 calls and 10/27 weekly 36 calls are the most active options, with total volume in those strikes near 18,100 contracts. The Put/Call Ratio is 0.37. Earnings are expected on January 12th.

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