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Save your seatDK ran from roughly $30 in early April to $49.50 in May after strong first quarter 2026 results, better crack spreads, and a higher cash flow optimization target.
The stock has the potential to go down if it loses $42, with room to fade toward the $38 to $40 area. Any pullback in crack spreads, weaker summer demand, or another disappointing margin update would accelerate the downside.
If DK holds the $42 to $44 support zone on volume, a move back toward $48 to $49.50 is on the table. Resistance at $46 is the first hurdle, especially if refining margin strength and buyback chatter stay in play.
We don't currently have information about Delek US Holdings Inc.'s earnings.