Delta Air Lines Options Trading: A Deep Dive into Market Sentiment

Financial giants have made a conspicuous bearish move on Delta Air Lines. Our analysis of options history for Delta Air Lines DAL revealed 29 unusual trades.

Delving into the details, we found 41% of traders were bullish, while 55% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $597,278, and 25 were calls, valued at $2,165,223.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $50.0 to $95.0 for Delta Air Lines over the recent three months.

Volume & Open Interest Trends

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Delta Air Lines's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Delta Air Lines's significant trades, within a strike price range of $50.0 to $95.0, over the past month.

Delta Air Lines 30-Day Option Volume & Interest Snapshot

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
DAL PUT TRADE NEUTRAL 06/20/25 $3.4 $3.3 $3.35 $55.00 $418.7K 1.8K 1.2K
DAL CALL TRADE BEARISH 01/15/27 $15.1 $14.9 $14.9 $60.00 $298.0K 173 500
DAL CALL SWEEP BULLISH 01/15/27 $15.0 $14.55 $15.0 $60.00 $263.9K 173 200
DAL CALL TRADE BEARISH 02/21/25 $1.58 $1.5 $1.52 $67.50 $243.2K 1.1K 1.6K
DAL CALL TRADE BULLISH 01/15/27 $15.05 $13.85 $15.0 $60.00 $184.5K 173 400

About Delta Air Lines

Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta has historically earned most of its international revenue and profits from flying passengers over the Atlantic Ocean.

After a thorough review of the options trading surrounding Delta Air Lines, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Delta Air Lines's Current Market Status

  • With a trading volume of 6,932,730, the price of DAL is up by 0.43%, reaching $60.3.
  • Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
  • Next earnings report is scheduled for 3 days from now.

Professional Analyst Ratings for Delta Air Lines

In the last month, 1 experts released ratings on this stock with an average target price of $75.0.

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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Susquehanna has decided to maintain their Positive rating on Delta Air Lines, which currently sits at a price target of $75.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Delta Air Lines options trades with real-time alerts from Benzinga Pro.

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