Ralph Douglas, a member of the board of directors at Delta Air Lines ( DAL ), bought 1,000 shares of the company's common stock on Jan. 23. At 49.04 per share, Douglas paid a total of $49,040 for the new shares.
InvestorsKeyhole Trade Alert
IK-> The technicals for DAL ($49.99 up $0.56) are bullish with a neutral trend. The stock has support around $49.20 and recent resistance has been around $51.45. Look at the March 41/44 bull-put spread for a 20-cent credit or better. That's a 7.1% return and the stock has to fall 12.0% to cause a problem. [InvestorsKeyhole, Various news and data services]
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Originally published on InvestorsObserver.com
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
