Tour v366
DAL
DELTA AIR LINES INC
$84.54 +0.44%
$84.30 (-0.29%)🌙
as of 07/20 06:02 PM
7/20 18:02

Option Volume

Detail
Current (07/20) 18,640
Calls: 10,542 (57%)
Puts: 8,098 (43%)
Prior (07/17) 20,821
Calls: 12,242 (59%)
Puts: 8,579 (41%)
Current vs Prior -10.48%
Calls: -13.89% (Calls)
Puts: -5.61% (Puts)
Prior 7-Day Total 243,084
Calls: 139,801 (58%)
Puts: 103,283 (42%)
Prior 7-Day Average 34,726
Calls: 19,971 (58%)
Puts: 14,754 (42%)
Current vs Prior 7-Day Avg -46.32%
Calls: -47.21%
Puts: -45.12%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/20) $6.30M
Calls: $3.98M (63%)
Puts: $2.32M (37%)
Prior (07/17) $7.10M
Calls: $5.53M (78%)
Puts: $1.57M (22%)
Current vs Prior -11.26%
Calls: -28.06%
Puts: +47.87%
Prior 7-Day Total $48.43M
Calls: $31.28M (65%)
Puts: $17.15M (35%)
Prior 7-Day Average $6.92M
Calls: $4.47M (65%)
Puts: $2.45M (35%)
Current vs Prior 7-Day Avg -9.00%
Calls: -11.04%
Puts: -5.29%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/20) 0.77
Prior (07/17) 0.70
Current vs Prior +9.62%
Prior 7-Day Average 0.79
Current vs Prior 7-Day Avg -3.05%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/20) 366,464
Calls: 168,456 (46%)
Puts: 198,008 (54%)
Prior (07/17) 441,903
Calls: 214,637 (49%)
Puts: 227,266 (51%)
Current vs Prior -17.07%
Prior 7-Day Total 3,015,041
Calls: 1,442,281 (48%)
Puts: 1,572,760 (52%)
Prior 7-Day Average 430,720
Calls: 206,040 (48%)
Puts: 224,680 (52%)
Current vs Prior 7-Day Avg -14.92%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 4.31% | 6.15%9.44% | 13.99%
Prior 5.03% | 6.80%1.37% | 10.89%
Current vs Prior -14.32% | -9.49%+590.87% | +28.44%
Prior 7-Day Avg 4.15% | 6.24%3.93% | 11.58%
Current vs 7-Day Avg +3.76% | -1.49%+140.28% | +20.84%
Prior 7-Day Eod 5.03% | 6.80%1.37% | 10.89%
Current vs 7-Day Eod -14.32% | -9.49%+590.87% | +28.44%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 46.80% | 9.96%
Calls: 43.59% | 10.91%
Puts: 50.00% | 9.01%
Prior 46.80% | 9.96%
Calls: 43.59% | 10.91%
Puts: 50.00% | 9.01%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 42.82% | 9.57%
Calls: 38.87% | 10.21%
Puts: 46.75% | 8.93%
Current vs 7-Day Avg +9.31% | +4.06%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 63% call dollar volume ($3.98M). Declining open interest (down 17%) indicates positions being closed.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 42 of results (avg 7.1%, best 3.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.50Aug 214.955.15$5.054.0%1020.61139
$85.00Aug 213.603.75$3.684.1%930.51736
$87.50Aug 212.502.62$2.564.7%220.40459
$85.00Aug 143.103.25$3.184.7%40.5061
$86.00Aug 213.103.25$3.184.7%210.46--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.50Aug 212.682.78$2.733.7%100.391.8K
$87.50Aug 215.155.35$5.253.8%110.601.9K
$85.00Aug 213.753.95$3.855.2%2060.49506
$87.00Aug 144.454.70$4.585.5%--0.5938
$88.00Aug 145.055.35$5.205.8%220.6413

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 5 found (avg $0.70, cheapest $0.21)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$93.00Jul 310.190.23$0.2119.0%110.0878
$92.00Aug 140.830.99$0.9117.6%150.2148
$86.00Jul 240.861.05$0.9619.8%1390.37306
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$72.50Aug 210.440.52$0.4816.7%320.09404
$83.00Jul 240.861.03$0.9517.9%1480.34283

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 91 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Jul 2413.7515.45$14.6011.6%--0.9823
$73.00Jul 3110.6512.50$11.5816.0%--0.9712
$77.00Jul 245.659.45$7.5550.3%10.965
$75.00Jul 318.8010.55$9.6818.1%--0.9611
$72.00Jul 3111.8513.45$12.6512.6%--0.9518
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$93.00Jul 247.759.50$8.6320.3%--1.0032
$95.00Jul 249.5512.00$10.7822.7%21.0015
$96.00Jul 249.6013.50$11.5533.8%11.0039
$98.00Jul 2411.6514.70$13.1823.1%11.00--
$99.00Jul 2412.6515.70$14.1821.5%11.00--

Most actively traded options today. High liquidity = easy entry/exit. 196 active (total vol 9.5K, top 1.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Jul 310.050.22$0.14121.4%1.3K0.05440
$90.00Aug 211.701.79$1.755.1%5060.313.3K
$87.00Aug 212.562.82$2.699.7%4110.42--
$85.00Jul 241.271.48$1.3815.2%2760.47403
$87.00Jul 240.550.71$0.6325.4%2470.27340
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Aug 211.831.99$1.918.4%1.2K0.29639
$80.00Jul 240.200.35$0.2853.6%4220.131.8K
$82.00Jul 240.550.69$0.6222.6%3370.251.2K
$85.00Aug 213.753.95$3.855.2%2060.49506
$84.00Jul 241.231.38$1.3111.5%1490.43327

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 47 strikes (avg 35.7%, max 110.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$100.00Jul 24Aug 2176.3%37.1%105.8%282.3K
$70.00Jul 24Aug 2190.9%44.7%103.2%2128
$98.00Jul 24Aug 2174.3%38.5%92.8%558
$76.00Jul 24Aug 1474.2%39.6%87.3%165
$97.00Jul 24Aug 1476.1%42.0%81.4%1035
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$70.00Jul 24Aug 2890.9%43.2%110.6%60683
$76.00Jul 24Aug 2174.2%41.3%79.7%78262
$74.00Jul 24Aug 2176.7%44.0%74.3%7782
$73.00Jul 24Aug 2168.9%43.6%58.0%3785
$95.00Jul 24Aug 2856.2%37.0%51.6%915

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 124 found (best R:R 30.25, avg 3.08)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$98.00$100.00Aug 14$0.20$1.80$0.209.00$98.20
$98.00$100.00Aug 21$0.20$1.80$0.209.00$98.20
$93.00$99.00Aug 28$0.65$5.35$0.658.23$93.65
$94.00$95.00Aug 14$0.12$0.88$0.127.33$94.12
$94.00$95.00Aug 21$0.12$0.88$0.127.33$94.12
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$75.00$70.00Aug 7$0.16$4.84$0.1630.25$74.84
$72.50$70.00Aug 21$0.13$2.37$0.1318.23$72.37
$75.00$70.00Aug 14$0.32$4.68$0.3214.62$74.68
$80.00$79.00Jul 24$0.10$0.90$0.109.00$79.90
$69.00$68.00Jul 24$0.13$0.87$0.136.69$68.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 158 found (best R:R 27.00, avg 1.59)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$79.00$80.00Jul 31$0.90$0.90$0.109.00$79.90
$76.00$79.00Aug 7$2.57$2.57$0.435.98$78.57
$80.00$82.00Aug 14$1.70$1.70$0.305.67$81.70
$87.00$88.00Aug 28$0.84$0.84$0.165.25$87.84
$77.00$78.00Jul 24$0.82$0.82$0.184.56$77.82
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$100.00$93.00Aug 7$6.75$6.75$0.2527.00$93.25
$97.50$95.00Aug 21$2.30$2.30$0.2011.50$95.20
$89.00$88.00Jul 24$0.90$0.90$0.109.00$88.10
$93.00$92.00Jul 31$0.88$0.88$0.127.33$92.12
$95.00$92.50Aug 21$2.15$2.15$0.356.14$92.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 46 found (avg debit $0.46, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$100.00Jul 24Jul 31$0.0576.3%52.0%
$95.00Jul 24Jul 31$0.0956.2%41.1%
$99.00Jul 24Jul 31$0.1066.8%51.5%
$94.00Jul 24Jul 31$0.1354.5%41.1%
$96.00Jul 24Jul 31$0.1653.8%46.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$76.00Jul 24Jul 31$0.0574.2%46.6%
$74.00Jul 24Jul 31$0.0976.7%51.4%
$75.00Jul 24Jul 31$0.0954.0%41.7%
$92.00Jul 24Jul 31$0.1043.0%40.5%
$72.00Jul 24Jul 31$0.1175.7%56.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 88 found (cheapest 3.71% of stock, avg 9.53%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$85.00Jul 24$1.38$1.76$3.14$81.86$88.143.71%
$84.00Jul 24$1.88$1.31$3.19$80.81$87.193.77%
$86.00Jul 24$0.96$2.35$3.31$82.69$89.313.92%
$83.00Jul 24$2.49$0.95$3.44$79.56$86.444.07%
$87.00Jul 24$0.63$3.04$3.67$83.33$90.674.34%
$82.00Jul 24$3.18$0.62$3.80$78.20$85.804.49%
$88.00Jul 24$0.38$3.70$4.08$83.92$92.084.83%
$81.00Jul 24$3.68$0.42$4.10$76.90$85.104.85%
$84.00Jul 31$2.69$1.99$4.68$79.32$88.685.54%
$85.00Jul 31$2.17$2.51$4.68$80.32$89.685.54%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.62% of stock, avg 4.67%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$89.00$80.00Jul 24$0.24$0.28$0.52$79.48$89.52
$88.00$80.00Jul 24$0.38$0.28$0.66$79.34$88.66
$89.00$81.00Jul 24$0.24$0.42$0.66$80.34$89.66
$88.00$81.00Jul 24$0.38$0.42$0.80$80.20$88.80
$89.00$82.00Jul 24$0.24$0.62$0.86$81.14$89.86
$87.00$80.00Jul 24$0.63$0.28$0.91$79.09$87.91
$88.00$82.00Jul 24$0.38$0.62$1.00$81.00$89.00
$87.00$81.00Jul 24$0.63$0.42$1.05$79.95$88.05
$89.00$83.00Jul 24$0.24$0.95$1.19$81.81$90.19
$86.00$80.00Jul 24$0.96$0.28$1.24$78.76$87.24

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 223 found (best R:R 17.18, avg credit $0.90)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
82/8492/93Aug 28$1.89$0.1117.18$82.11$93.89
78/7980/82Aug 14$1.85$0.1512.33$77.15$81.85
76/7780/82Aug 14$1.84$0.1611.50$75.16$81.84
82/8490/91Aug 28$1.81$0.199.53$82.19$91.81
73/7483/84Aug 21$0.90$0.109.00$73.10$83.90
78/7985/86Aug 21$0.90$0.109.00$78.10$85.90
79/8083/84Aug 21$0.90$0.109.00$79.10$83.90
75/7682/83Jul 24$0.89$0.118.09$75.11$82.89
79/8083/84Jul 31$0.89$0.118.09$79.11$83.89
83/8485/86Aug 14$0.89$0.118.09$83.11$85.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 89 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$92.00$93.00$94.00Jul 24$0.05$0.9519.00
$80.00$81.00$82.00Aug 21$0.05$0.9519.00
$89.00$90.00$91.00Jul 24$0.06$0.9415.67
$96.00$97.00$98.00Jul 31$0.06$0.9415.67
$88.00$89.00$90.00Aug 14$0.06$0.9415.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$80.00$81.00$82.00Jul 24$0.06$0.9415.67
$76.00$77.00$78.00Aug 7$0.06$0.9415.67
$79.00$80.00$81.00Aug 21$0.06$0.9415.67
$92.50$95.00$97.50Aug 21$0.15$2.3515.67
$95.00$97.50$100.00Aug 21$0.15$2.3515.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 104 found (best net $-0.02, 99 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$70.00$76.001:2Jul 24-$2.76$3.24
$98.00$100.001:2Aug 21-$0.08$1.92
$98.00$100.001:2Aug 14-$0.10$1.90
$95.00$97.001:2Aug 14-$0.41$1.59
$96.00$97.501:2Aug 21-$0.15$1.35
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$75.00$70.001:2Aug 14-$0.02$4.98
$100.00$93.001:2Aug 7-$2.05$4.95
$75.00$70.001:2Aug 7-$0.12$4.88
$78.00$75.001:2Aug 28-$0.65$2.35
$72.50$70.001:2Aug 21-$0.22$2.28

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 65 found (best yield 4.67%, avg 1.50%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$85.00Aug 28$3.950.550.5%4.67%5.22%510
$85.00Aug 21$3.600.510.5%4.26%4.80%93736
$86.00Aug 28$3.400.511.7%4.02%5.75%--33
$85.00Aug 14$3.100.500.5%3.67%4.21%461
$86.00Aug 21$3.100.461.7%3.67%5.39%21--
$87.00Aug 28$3.050.482.9%3.61%6.52%129
$88.00Aug 28$2.630.434.1%3.11%7.20%--71
$86.00Aug 14$2.620.451.7%3.10%4.83%216
$87.00Aug 21$2.560.422.9%3.03%5.94%411--
$85.00Aug 7$2.540.490.5%3.00%3.55%6108

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 10,542
Total Puts 8,098
Put/Call Ratio 0.77
Net Difference 2,444

Prior's Put/Call Breakdown

Total Calls 12,242
Total Puts 8,579
Put/Call Ratio 0.70
Net Difference 3,663

Prior 7-Day Put/Call Summary

Total Calls 139,801
Total Puts 103,283
Average Put/Call Ratio 0.79
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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