Delta Air Lines Unusual Options Activity For September 20
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bullish stance on Delta Air Lines (NYSE:DAL), with 80% of recent trades being bullish and 20% bearish. The total amount for put options is $55,426 and for call options is $279,349. The targeted price range for Delta Air Lines over the last 3 months is from $30.0 to $43.0. The current price of DAL is down -0.65% at $39.2. Citigroup maintains their Buy rating on Delta Air Lines with a price target of $64.
September 20, 2023 | 6:19 pm
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Delta Air Lines has seen significant bullish trading activity. The current price is down -0.65% at $39.2, but Citigroup maintains a Buy rating with a price target of $64.
The bullish trading activity and the maintained Buy rating from Citigroup indicate a positive outlook for Delta Air Lines. Despite the current price being down, the targeted price range and the price target from Citigroup suggest potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100