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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on DAL:
- Delta adds direct flights from Athens to NY to support Tel Aviv repatriation
- Delta Air Lines price target lowered to $49 from $55 at TD Cowen
- Delta Air Lines price target lowered to $68 from $71 at JPMorgan
- Most Airline Stocks Slump amid Lower Air Fares
- Delta Air Lines CEO: Plan is still for $7+ EPS for 2024