Bullish option flow detected in Delta Air Lines with 31,236 calls trading, 4x expected, and implied vol increasing almost 3 points to 38.26%. Aug-24 55 calls and 6/14 weekly 49.5 calls are the most active options, with total volume in those strikes near 15,100 contracts. The Put/Call Ratio is 0.39. Earnings are expected on July 11th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DAL:
- Southwest Airlines: Activist Investor Elliott Snaps Up $2B Stake
- Delta plans to apply for new Seattle-DC flight, Reuters says
- Delta expected to resume Tel Aviv service from New York-JFK on Friday
- Biogen, Delta Flight Products collaborate for accessible air travel
- Delta Air Lines price target raised to $65 from $55 at Citi