Options volume is relatively light, with 25k contracts traded and calls leading puts for a put/call ratio of 0.57, compared to a typical level near 0.99. Implied volatility (IV30) dropped 1.24 to 44.25,above the median, suggesting an expected daily move of $1.40. Put-call skew steepened, indicating increased demand for downside protection.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DAL:
- BKNG, MAR, or DAL: Which Travel Stock Is the Most Attractive Pick?
- Delta Air Lines price target raised to $61 from $56 at Bernstein
- Mixed options sentiment in Delta Air Lines (DAL), with shares up $2.82 (+5.83%) near $51.16.
- FAA considers further flight cutbacks in Newark after outages, Bloomberg says
- Delta Air Lines (DAL) Buys 15% Stake in Canada’s WestJet
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue