Delta(US:DAL) Benzinga·2025-10-02 18:01Core Insights - Deep-pocketed investors are showing a bullish sentiment towards Delta Air Lines, indicating potential significant developments ahead [1] - Recent options activity reveals a mixed sentiment among investors, with 50% bullish and 43% bearish positions [2] - Major market movers are focusing on a price range between $39.0 and $65.0 for Delta Air Lines over the past three months [3] Options Activity - A total of 16 extraordinary options activities for Delta Air Lines were highlighted, with notable trades including 10 calls totaling $656,348 and 6 puts totaling $315,685 [2] - Significant options trades include bullish call sweeps with total trade prices of $150,000 for a strike price of $57.50 and $93,900 for a strike price of $50.00 [9] Market Status - Delta Air Lines is currently trading at $56.48, with a volume of 3,765,205 and a slight increase of 0.66% [15] - Professional analysts have set an average price target of $76.67, with individual targets ranging from $70 to $85 from various analysts [12][13] Company Overview - Delta Air Lines operates a hub-and-spoke network with over 300 destinations in more than 50 countries, primarily generating revenue from transatlantic flights [10]