Delta Air Lines (DAL +4.7%) outperforms fellow carriers as options activity picks up steam on...


Delta Air Lines (DAL +4.7%) outperforms fellow carriers as options activity picks up steam on the bullish side. One school of thought is that DAL will decouple directionally from the sector with its new oil refinery providing traders a fresh angle to play. The word on the street is that Delta's execs have done a good job explaining (webcast) how so-called crack spreads - the difference between crude oil and jet fuel - can be moderated with a Delta refinery in operation.

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