DAL - Options Database

DAL

DELTA AIR LINES INC

$84.63 +0.11%

(7/20 18:02) ◀

Tuesday, July 21, 2026 (6:03pm)

▶ (7/22 18:14)

◀ 7/21 18:03 ▶

Option Volume

Detail

ℹ

Current (07/21) 8,276

Calls: 4,767 (58%)

Puts: 3,509 (42%)

Prior (07/20) 18,640

Calls: 10,542 (57%)

Puts: 8,098 (43%)

Current vs Prior -55.60%

Calls: -54.78% (Calls)

Puts: -56.67% (Puts)

Prior 7-Day Total 199,734

Calls: 116,373 (58%)

Puts: 83,361 (42%)

Prior 7-Day Average 28,533

Calls: 16,624 (58%)

Puts: 11,908 (42%)

Current vs Prior 7-Day Avg -71.00%

Calls: -71.33%

Puts: -70.53%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/21) $2.48M

Calls: $1.67M (67%)

Puts: $809.5K (33%)

Prior (07/20) $6.30M

Calls: $3.98M (63%)

Puts: $2.32M (37%)

Current vs Prior -60.64%

Calls: -58.03%

Puts: -65.12%

Prior 7-Day Total $42.96M

Calls: $27.44M (64%)

Puts: $15.52M (36%)

Prior 7-Day Average $6.14M

Calls: $3.92M (64%)

Puts: $2.22M (36%)

Current vs Prior 7-Day Avg -59.62%

Calls: -57.43%

Puts: -63.49%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/21) 0.74

Prior (07/20) 0.77

Current vs Prior -4.17%

Prior 7-Day Average 0.78

Current vs Prior 7-Day Avg -6.15%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/21) 375,495

Calls: 172,762 (46%)

Puts: 202,733 (54%)

Prior (07/20) 366,464

Calls: 168,456 (46%)

Puts: 198,008 (54%)

Current vs Prior +2.46%

Prior 7-Day Total 2,955,376

Calls: 1,404,513 (48%)

Puts: 1,550,863 (52%)

Prior 7-Day Average 422,196

Calls: 200,644 (48%)

Puts: 221,551 (52%)

Current vs Prior 7-Day Avg -11.06%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)

Current 3.78% | 5.64%9.42% | 13.82%

Prior 4.31% | 6.15%9.44% | 13.99%

Current vs Prior -12.18% | -8.37%-0.23% | -1.20%

Prior 7-Day Avg 4.09% | 6.14%4.30% | 11.70%

Current vs 7-Day Avg -7.52% | -8.28%+119.04% | +18.12%

Prior 7-Day Eod 4.31% | 6.15%9.44% | 13.99%

Current vs 7-Day Eod -12.18% | -8.37%-0.23% | -1.20%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

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 46.80% | 9.96%

Calls: 43.59% | 10.91%

Puts: 50.00% | 9.01%

Current vs 7-Day Avg +0.00% | +0.00%

Liquidity Expensive

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Moderately bullish flow with 67% call dollar volume ($1.67M). Light premium activity with dollar volume down 61% vs prior. Below-average activity with volume down 56% vs prior.

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

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Tightest Spreads

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Best Value <$1

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 61 of results (avg 6.5%, best 3.4%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.00	Jul 31	1.97	2.05	$2.01	4.0%	3	0.49	251
$87.00	Aug 21	2.70	2.82	$2.76	4.3%	3	0.42	410
$87.50	Aug 21	2.50	2.62	$2.56	4.7%	9	0.40	460
$85.00	Aug 14	3.10	3.25	$3.18	4.7%	14	0.50	60
$88.00	Aug 21	2.31	2.43	$2.37	5.1%	44	0.38	198

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$87.00	Aug 14	4.35	4.50	$4.43	3.4%	--	0.59	38
$86.00	Aug 14	3.75	3.90	$3.83	3.9%	2	0.55	6
$85.00	Aug 21	3.65	3.80	$3.72	4.0%	178	0.49	623
$82.50	Aug 21	2.56	2.67	$2.62	4.2%	6	0.39	1.8K
$83.00	Aug 21	2.76	2.88	$2.82	4.3%	6	0.41	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 18 found (avg $0.71, cheapest $0.28)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$100.00	Aug 21	0.25	0.30	$0.28	17.9%	98	0.07	1.9K
$90.00	Jul 31	0.45	0.54	$0.50	18.0%	66	0.18	401
$89.00	Jul 31	0.61	0.73	$0.67	17.9%	27	0.22	85
$95.00	Aug 21	0.67	0.75	$0.71	11.3%	35	0.16	1.2K
$86.00	Jul 24	0.70	0.78	$0.74	10.8%	87	0.35	404

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$82.00	Jul 24	0.38	0.43	$0.41	12.2%	117	0.21	1.5K
$73.00	Aug 21	0.47	0.55	$0.51	15.7%	21	0.10	20
$80.00	Jul 31	0.57	0.66	$0.62	14.5%	40	0.19	487
$83.00	Jul 24	0.62	0.72	$0.67	14.9%	41	0.30	274
$75.00	Aug 21	0.70	0.76	$0.73	8.2%	43	0.14	3.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 89 found (avg delta 0.79, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$71.00	Jul 24	12.50	15.05	$13.78	18.5%	2	1.00	--
$72.00	Jul 24	12.05	13.35	$12.70	10.2%	16	0.99	1
$74.00	Jul 24	9.25	12.15	$10.70	27.1%	5	0.99	5
$75.00	Jul 24	8.50	11.10	$9.80	26.5%	1	0.99	4
$68.00	Jul 24	15.55	17.95	$16.75	14.3%	12	0.99	2

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$92.00	Jul 24	5.75	8.40	$7.08	37.4%	1	1.00	44
$101.00	Jul 24	15.70	17.35	$16.52	10.0%	1	1.00	--
$91.00	Jul 24	5.80	7.25	$6.53	22.2%	--	0.95	82
$94.00	Jul 31	8.15	10.35	$9.25	23.8%	--	0.95	128
$90.00	Jul 24	4.15	6.70	$5.43	47.0%	5	0.93	127

Most actively traded options today. High liquidity = easy entry/exit. 180 active (total vol 5.3K, top 545)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.00	Aug 21	3.50	3.75	$3.63	6.9%	268	0.51	738
$88.00	Jul 24	0.26	0.32	$0.29	20.7%	182	0.17	418
$87.00	Jul 31	1.12	1.23	$1.18	9.3%	141	0.34	128
$85.00	Jul 24	1.11	1.19	$1.15	7.0%	118	0.47	457
$96.00	Jul 31	0.01	0.15	$0.08	175.0%	102	0.04	123

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$78.00	Jul 24	0.04	0.11	$0.08	87.5%	545	0.04	629
$83.00	Jul 31	1.34	1.44	$1.39	7.2%	288	0.36	40
$85.00	Aug 21	3.65	3.80	$3.72	4.0%	178	0.49	623
$80.00	Aug 21	1.70	1.82	$1.76	6.8%	141	0.29	1.4K
$79.00	Jul 24	0.06	0.09	$0.08	37.5%	129	0.05	447

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 53 strikes (avg 47.2%, max 174.0%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$101.00	Jul 24	Aug 14	106.5%	38.9%	174.0%	31	100
$97.00	Jul 24	Aug 14	99.9%	40.5%	146.9%	--	37
$99.00	Jul 24	Aug 28	96.6%	39.4%	145.4%	10	42
$98.00	Jul 24	Aug 14	102.9%	43.0%	139.3%	1	68
$70.00	Jul 24	Aug 21	102.8%	43.5%	136.4%	11	127

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$70.00	Jul 24	Aug 28	102.8%	42.3%	142.9%	23	741
$73.00	Jul 24	Aug 21	98.2%	41.6%	136.0%	21	105
$93.00	Jul 24	Aug 7	66.0%	41.1%	60.8%	--	53
$72.00	Jul 24	Jul 31	72.3%	47.0%	53.8%	2	238
$75.00	Jul 24	Aug 28	58.6%	40.0%	46.6%	59	3.2K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 126 found (best R:R 17.52, avg 3.37)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$98.00	$100.00	Aug 14	$0.14	$1.86	$0.14	13.29	$98.14
$97.50	$100.00	Aug 21	$0.19	$2.31	$0.19	12.16	$97.69
$95.00	$97.50	Aug 21	$0.24	$2.26	$0.24	9.42	$95.24
$99.00	$100.00	Jul 24	$0.10	$0.90	$0.10	9.00	$99.10
$90.00	$91.00	Jul 31	$0.11	$0.89	$0.11	8.09	$90.11

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$75.00	$70.00	Aug 14	$0.27	$4.73	$0.27	17.52	$74.73
$72.50	$70.00	Aug 21	$0.16	$2.34	$0.16	14.62	$72.34
$77.00	$76.00	Jul 31	$0.10	$0.90	$0.10	9.00	$76.90
$79.00	$78.00	Aug 14	$0.10	$0.90	$0.10	9.00	$78.90
$73.00	$72.00	Jul 31	$0.11	$0.89	$0.11	8.09	$72.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 160 found (best R:R 30.82, avg 1.80)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$70.00	$75.00	Aug 21	$4.75	$4.75	$0.25	19.00	$74.75
$76.00	$78.00	Aug 14	$1.87	$1.87	$0.13	14.38	$77.87
$75.00	$77.50	Aug 21	$2.30	$2.30	$0.20	11.50	$77.30
$74.00	$75.00	Jul 24	$0.90	$0.90	$0.10	9.00	$74.90
$80.00	$81.00	Jul 24	$0.90	$0.90	$0.10	9.00	$80.90

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$100.00	$93.00	Aug 7	$6.78	$6.78	$0.22	30.82	$93.22
$92.00	$91.00	Aug 7	$0.88	$0.88	$0.12	7.33	$91.12
$95.00	$92.50	Aug 21	$2.17	$2.17	$0.33	6.58	$92.83
$97.50	$95.00	Aug 21	$2.17	$2.17	$0.33	6.58	$95.33
$89.00	$88.00	Jul 31	$0.78	$0.78	$0.22	3.55	$88.22

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 39 found (avg debit $0.47, cheapest $0.05)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$99.00	Jul 24	Jul 31	$0.05	96.6%	55.9%
$72.00	Jul 24	Jul 31	$0.18	72.3%	47.0%
$79.00	Jul 24	Jul 31	$0.20	47.4%	46.8%
$92.00	Jul 24	Jul 31	$0.26	39.7%	39.3%
$80.00	Jul 24	Jul 31	$0.32	48.4%	40.8%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$70.00	Jul 24	Jul 31	$0.09	102.8%	66.4%
$75.00	Jul 24	Jul 31	$0.10	58.6%	44.2%
$76.00	Jul 24	Jul 31	$0.11	55.1%	40.9%
$74.00	Jul 24	Jul 31	$0.17	61.4%	52.5%
$89.00	Jul 24	Jul 31	$0.17	43.6%	38.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 88 found (cheapest 3.10% of stock, avg 9.67%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$85.00	Jul 24	$1.15	$1.47	$2.62	$82.38	$87.62	3.10%
$84.00	Jul 24	$1.73	$1.00	$2.73	$81.27	$86.73	3.23%
$86.00	Jul 24	$0.74	$2.11	$2.85	$83.15	$88.85	3.37%
$83.00	Jul 24	$2.42	$0.67	$3.09	$79.91	$86.09	3.65%
$87.00	Jul 24	$0.48	$2.87	$3.35	$83.65	$90.35	3.96%
$82.00	Jul 24	$3.15	$0.41	$3.56	$78.44	$85.56	4.21%
$88.00	Jul 24	$0.29	$3.55	$3.84	$84.16	$91.84	4.54%
$85.00	Jul 31	$2.01	$2.25	$4.26	$80.74	$89.26	5.03%
$84.00	Jul 31	$2.52	$1.78	$4.30	$79.70	$88.30	5.08%
$81.00	Jul 24	$4.03	$0.28	$4.31	$76.69	$85.31	5.09%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.52% of stock, avg 4.41%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$89.00	$81.00	Jul 24	$0.16	$0.28	$0.44	$80.56	$89.44
$88.00	$81.00	Jul 24	$0.29	$0.28	$0.57	$80.43	$88.57
$89.00	$82.00	Jul 24	$0.16	$0.41	$0.57	$81.43	$89.57
$88.00	$82.00	Jul 24	$0.29	$0.41	$0.70	$81.30	$88.70
$87.00	$81.00	Jul 24	$0.48	$0.28	$0.76	$80.24	$87.76
$89.00	$83.00	Jul 24	$0.16	$0.67	$0.83	$82.17	$89.83
$87.00	$82.00	Jul 24	$0.48	$0.41	$0.89	$81.11	$87.89
$88.00	$83.00	Jul 24	$0.29	$0.67	$0.96	$82.04	$88.96
$86.00	$81.00	Jul 24	$0.74	$0.28	$1.02	$79.98	$87.02
$86.00	$82.00	Jul 24	$0.74	$0.41	$1.15	$80.85	$87.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 215 found (best R:R 9.00, avg credit $0.94)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
76/77	82/83	Jul 31	$0.90	$0.10	9.00	$76.10	$82.90
82/83	84/85	Aug 14	$0.90	$0.10	9.00	$82.10	$84.90
72/73	79/80	Jul 31	$0.89	$0.11	8.09	$72.11	$79.89
80/81	85/86	Aug 7	$0.89	$0.11	8.09	$80.11	$85.89
83/84	85/86	Aug 7	$0.89	$0.11	8.09	$83.11	$85.89
85/86	88/89	Aug 7	$0.89	$0.11	8.09	$85.11	$88.89
77/78	80/82	Aug 14	$1.78	$0.22	8.09	$76.22	$81.78
80/81	83/84	Aug 14	$0.89	$0.11	8.09	$80.11	$83.89
84/85	86/87	Aug 21	$0.89	$0.11	8.09	$84.11	$86.89
76/77	79/80	Jul 31	$0.88	$0.12	7.33	$76.12	$79.88

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 96 found (best R:R 49.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$95.00	$97.50	$100.00	Aug 21	$0.05	$2.45	49.00
$68.00	$69.00	$70.00	Jul 24	$0.05	$0.95	19.00
$84.00	$85.00	$86.00	Jul 31	$0.05	$0.95	19.00
$87.00	$88.00	$89.00	Jul 31	$0.05	$0.95	19.00
$87.00	$88.00	$89.00	Jul 24	$0.06	$0.94	15.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$87.50	$90.00	$92.50	Aug 21	$0.08	$2.42	30.25
$84.00	$85.00	$86.00	Aug 14	$0.05	$0.95	19.00
$82.00	$83.00	$84.00	Jul 31	$0.06	$0.94	15.67
$83.00	$84.00	$85.00	Aug 7	$0.06	$0.94	15.67
$83.00	$84.00	$85.00	Aug 14	$0.06	$0.94	15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 105 found (best net $-2.02, 92 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$92.00	$95.00	1:2	Aug 28	-$0.42	$2.58
$96.00	$99.00	1:2	Aug 28	-$0.56	$2.44
$97.50	$100.00	1:2	Aug 21	-$0.09	$2.41
$95.00	$97.50	1:2	Aug 21	-$0.23	$2.27
$98.00	$100.00	1:2	Aug 14	-$0.15	$1.85

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$100.00	$93.00	1:2	Aug 7	-$2.02	$4.98
$79.00	$76.00	1:2	Aug 28	-$0.44	$2.56
$72.50	$70.00	1:2	Aug 21	-$0.13	$2.37
$72.00	$70.00	1:2	Jul 31	-$0.24	$1.76
$75.00	$73.00	1:2	Aug 21	-$0.29	$1.71

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 62 found (best yield 4.14%, avg 1.45%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$85.00	Aug 21	$3.50	0.51	0.4%	4.14%	4.57%	268	738
$85.00	Aug 14	$3.10	0.50	0.4%	3.66%	4.10%	14	60
$86.00	Aug 21	$3.05	0.47	1.6%	3.60%	5.22%	48	21
$87.00	Aug 28	$3.00	0.45	2.8%	3.54%	6.35%	--	29
$87.00	Aug 21	$2.70	0.42	2.8%	3.19%	5.99%	3	410
$86.00	Aug 28	$2.68	0.47	1.6%	3.17%	4.79%	2	33
$86.00	Aug 14	$2.60	0.46	1.6%	3.07%	4.69%	1	18
$85.00	Aug 7	$2.59	0.50	0.4%	3.06%	3.50%	--	111
$87.50	Aug 21	$2.50	0.40	3.4%	2.95%	6.35%	9	460
$88.00	Aug 21	$2.31	0.38	4.0%	2.73%	6.71%	44	198

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 4,767

Total Puts 3,509

Put/Call Ratio 0.74

Net Difference 1,258

Prior's Put/Call Breakdown

Total Calls 10,542

Total Puts 8,098

Put/Call Ratio 0.77

Net Difference 2,444

Prior 7-Day Put/Call Summary

Total Calls 116,373

Total Puts 83,361

Average Put/Call Ratio 0.78

Ratio Trend Falling

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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