On CNBC’s “Options Action,” Mike Khouw said VanEck Vectors Gold Miners Etf (NYSE:GDX) traded two times its average daily put options volume on Monday. A lot of that activity was concentrated in the September 24, $28-strike puts as over 3,000 contracts were traded for 20 cents. Buyers of these puts are betting GDX could decline below $27.80, which would represent a decline of more than 14%.
A Look Into Delta Air Lines Debt
Over the past three months, shares of Delta Air Lines Inc. (NYSE:DAL) rose by 10.87%. Before having a look at the importance of debt, let's look at how much debt Delta Air Lines has.
