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 14,908 calls trading, 1.9x expected, and implied vol increasing almost 2 points to 34.42%. May-24 46 calls and Jun-24 50 calls are the most active options, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 0.51. Earnings are expected on April 11th.

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