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DAL Jan 2025 55.000 call
| Previous close | 5.40 |
| Open | 5.40 |
| Bid | 5.20 |
| Ask | 5.35 |
| Strike | 55.00 |
| Expiry date | 2025-01-17 |
| Day's range | 5.10 - 5.40 |
| Contract range | N/A |
| Volume | |
| Open interest | 3.09k |
- Reuters
UPDATE 2-US to hold auctions to sell airline warrants received during COVID bailouts
The U.S. Treasury Department said on Friday it planned to conduct a series of auctions to sell the warrants to purchase stock in U.S. airlines that it received after Congress approved $54 billion in COVID-19 air carrier assistance in 2020 and 2021. Treasury received warrants to purchase stock at the share price of the time of the government awards. Airlines accepting government assistance were prohibited from imposing furloughs or firing workers and faced limits on executive compensation and bans on stock buybacks and dividends that expired in September 2022.
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