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Delta Air Lines call volume above normal and directionally bullish

Delta Air Lines call volume above normal and directionally bullish

Bullish option flow detected in Delta Air Lines (DAL) with 19,171 calls trading, 1.0x expected, and implied vol increasing almost 2 points to 43.95%. Mar-25 75 calls and Mar-25 70 calls are the most active options, with total volume in those strikes near 8,900 contracts. The Put/Call Ratio is 0.44. Earnings are expected on April 9th.

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