Mixed Options Sentiment in Delta Air Lines, Shares Down 34 Cents to $73
Mixed options sentiment in Delta Air Lines (DAL), with shares down 34c near $73.00. Options volume relatively light with 28k contracts traded and puts leading calls for a put/call ratio of 2.41, compared to a typical level near 1.08. Implied volatility (IV30) dropped 0.31 near 42.3,and below the 52wk median, suggesting an expected daily move of $1.95. Put-call skew flattened, suggesting a modestly bullish tone.
