Delta Air Lines Unusual Options Activity For July 26
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Delta Air Lines (NYSE:DAL), with a notably bearish stance. 80% of the investors opened trades with bearish expectations and 20% with bullish. Whales have been targeting a price range from $35.0 to $50.0 for Delta Air Lines over the last 3 months. The price of DAL is down -0.97% at $45.99. Several financial institutions have maintained their positive ratings on Delta Air Lines, with price targets ranging from $50 to $70.
July 26, 2023 | 3:16 pm
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Delta Air Lines has seen unusual options activity, with a bearish stance. Price targets range from $50 to $70.
The unusual options activity, with a notably bearish stance, could potentially impact the stock price of Delta Air Lines in the short term. The price targets set by various financial institutions indicate a potential upside, which could balance the bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100