Check Out What Whales Are Doing With DAL
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards Delta Air Lines (NYSE:DAL), with a notable division in mood: 45% bullish and 54% bearish. Benzinga's options scanner revealed 11 extraordinary options activities, with puts totaling $291,874 and calls at $242,436, targeting a price range of $30.0 to $70.0. The mean open interest for DAL options today is 7920.86, with a total volume of 28,409. Delta's stock is currently down by -0.35%, with a trading volume of 5,831,266 and an RSI indicating potential overbought status. The next earnings report is due in 29 days.
March 13, 2024 | 5:16 pm
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Whales show a bearish sentiment towards Delta Air Lines, with a significant division in mood and a notable options activity targeting a price range of $30.0 to $70.0. The stock is currently down by -0.35%, with an RSI indicating it may be overbought.
The bearish sentiment among deep-pocketed investors, combined with the current stock performance and the RSI indicating a potential overbought status, suggests a short-term negative impact on DAL's stock price. The significant options activity and the upcoming earnings report add to the potential volatility.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100