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DAL Soars on Guidance, Can Shares Fly Higher?
Description
Tim Biggam looks at the chart of Delta Airlines (DAL), offering a bull put spread example options trade. “I would not be chasing Delta, or really any stocks here,” he notes amid market volatility. He doesn’t think airlines have much further upside before a resolution to the U.S./Iran war. The stock is up today on raised guidance.
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