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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 (DAL) with 30,646 calls trading, 1.5x expected, and implied vol increasing over 3 points to 40.90%. Jan-25 75 calls and Jan-25 70 calls are the most active options, with total volume in those strikes near 20,300 contracts. The Put/Call Ratio is 0.13. Earnings are expected on January 10th.

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