Tour v388
DAL
DELTA AIR LINES INC
$83.52 -1.31%
$83.51 (-0.01%)🌙
as of 07/22 06:14 PM
7/22 18:14

Option Volume

Detail
Current (07/22) 30,806
Calls: 27,356 (89%)
Puts: 3,450 (11%)
Prior (07/21) 8,276
Calls: 4,767 (58%)
Puts: 3,509 (42%)
Current vs Prior +272.23%
Calls: +473.86% (Calls)
Puts: -1.68% (Puts)
Prior 7-Day Total 147,295
Calls: 91,901 (62%)
Puts: 55,394 (38%)
Prior 7-Day Average 21,042
Calls: 13,128 (62%)
Puts: 7,913 (38%)
Current vs Prior 7-Day Avg +46.40%
Calls: +108.37%
Puts: -56.40%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/22) $2.59M
Calls: $1.86M (72%)
Puts: $731.2K (28%)
Prior (07/21) $2.48M
Calls: $1.67M (67%)
Puts: $809.5K (33%)
Current vs Prior +4.49%
Calls: +11.35%
Puts: -9.66%
Prior 7-Day Total $35.51M
Calls: $23.41M (66%)
Puts: $12.10M (34%)
Prior 7-Day Average $5.07M
Calls: $3.34M (66%)
Puts: $1.73M (34%)
Current vs Prior 7-Day Avg -48.96%
Calls: -44.44%
Puts: -57.70%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/22) 0.13
Prior (07/21) 0.74
Current vs Prior -82.87%
Prior 7-Day Average 0.74
Current vs Prior 7-Day Avg -82.86%
Sentiment BULLISH

Open Interest

Detail
Current (07/22) 191,179
Calls: 97,193 (51%)
Puts: 93,986 (49%)
Prior (07/21) 375,495
Calls: 172,762 (46%)
Puts: 202,733 (54%)
Current vs Prior -49.09%
Prior 7-Day Total 2,875,443
Calls: 1,355,813 (47%)
Puts: 1,519,630 (53%)
Prior 7-Day Average 410,777
Calls: 193,687 (47%)
Puts: 217,090 (53%)
Current vs Prior 7-Day Avg -53.46%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 3.35% | 5.52%9.49% | 14.19%
Prior 3.78% | 5.64%9.42% | 13.82%
Current vs Prior -11.34% | -2.07%+0.82% | +2.63%
Prior 7-Day Avg 3.95% | 5.97%4.97% | 11.97%
Current vs 7-Day Avg -15.21% | -7.56%+91.05% | +18.49%
Prior 7-Day Eod 3.78% | 5.64%9.42% | 13.82%
Current vs 7-Day Eod -11.34% | -2.07%+0.82% | +2.63%
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 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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🤖 AI Insights

Moderately bullish flow with 72% call dollar volume ($1.86M). Unusually high activity with volume up 272% vs prior - elevated interest. Extreme bullish P/C ratio of 0.13 - heavy call buying (27,356 calls vs 3,450 puts). P/C ratio dropping 83% - sentiment shifting bullish.

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 BULLISH
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 7.8%, best 3.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$83.00Aug 143.503.70$3.605.6%10.55--
$84.00Aug 213.453.65$3.555.6%2100.511
$87.00Aug 212.222.36$2.296.1%110.38411
$89.00Aug 211.561.66$1.616.2%150.308
$86.00Aug 212.572.74$2.666.4%1200.4269
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Aug 214.154.30$4.223.6%110.54743
$83.00Aug 142.712.86$2.795.4%10.45--
$81.00Aug 212.282.41$2.345.6%2010.3630
$83.00Aug 72.312.45$2.385.9%30.45--
$87.00Jul 314.054.30$4.186.0%60.7390

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 10 found (avg $0.68, cheapest $0.41)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Aug 210.480.55$0.5213.5%2090.121.2K
$87.00Jul 310.750.89$0.8217.1%5.9K0.27141
$84.00Jul 240.840.96$0.9013.3%1090.44290
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Aug 280.390.43$0.419.8%30.08683
$82.00Jul 240.440.53$0.4918.4%2090.281.5K
$79.00Jul 310.490.59$0.5418.5%80.18381
$75.00Aug 140.530.62$0.5715.8%1240.1352
$80.00Jul 310.690.81$0.7516.0%290.23514

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 74 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$67.00Jul 2414.9517.90$16.4218.0%141.0012
$71.00Jul 2411.3513.90$12.6320.2%301.002
$68.00Jul 2414.0516.90$15.4818.4%160.9814
$72.00Jul 2410.3512.90$11.6321.9%300.986
$70.00Jul 2412.6014.90$13.7516.7%60.9725
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Jul 245.406.75$6.0822.2%141.00122
$91.00Jul 245.408.70$7.0546.8%11.00--
$94.00Jul 248.4011.60$10.0032.0%11.00--
$93.00Jul 318.7010.15$9.4315.4%150.95--
$89.00Jul 244.156.40$5.2842.6%50.9564

Most actively traded options today. High liquidity = easy entry/exit. 206 active (total vol 29.0K, top 5.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$91.00Jul 240.010.04$0.03100.0%5.9K0.026.2K
$89.00Jul 240.010.09$0.05160.0%5.9K0.046.0K
$87.00Jul 310.750.89$0.8217.1%5.9K0.27141
$89.00Jul 310.010.61$0.31193.5%5.8K0.1485
$84.00Aug 213.453.65$3.555.6%2100.511
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Jul 310.000.35$0.18194.4%2550.06140
$82.00Jul 240.440.53$0.4918.4%2090.281.5K
$81.00Aug 212.282.41$2.345.6%2010.3630
$80.00Jul 240.120.19$0.1643.8%2000.112.1K
$78.00Jul 240.010.17$0.09177.8%1730.06116

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 40 strikes (avg 61.3%, max 272.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$100.00Jul 24Aug 21134.7%36.2%272.4%572.4K
$73.00Jul 24Aug 21143.8%40.2%258.0%74
$96.00Jul 24Aug 21125.6%38.2%228.8%19--
$95.00Jul 24Aug 28102.9%38.8%164.8%10176
$92.00Jul 24Aug 2882.7%38.6%114.2%37157
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$92.00Jul 24Aug 2182.7%38.6%114.6%13--
$75.00Jul 24Aug 2880.9%39.4%105.6%73.1K
$94.00Jul 24Aug 1474.8%38.7%93.4%2--
$76.00Jul 24Aug 2869.0%39.1%76.5%17291
$77.00Jul 24Aug 2865.2%37.7%72.8%115178

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 107 found (best R:R 16.65, avg 3.06)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$96.00$99.00Jul 24$0.17$2.83$0.1716.65$96.17
$97.50$100.00Aug 21$0.16$2.34$0.1614.62$97.66
$96.00$97.50Aug 21$0.16$1.34$0.168.38$96.16
$87.00$88.00Jul 24$0.11$0.89$0.118.09$87.11
$93.00$96.00Aug 14$0.36$2.64$0.367.33$93.36
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$72.50$70.00Aug 21$0.16$2.34$0.1614.63$72.34
$78.00$76.00Aug 7$0.18$1.82$0.1810.11$77.82
$76.00$75.00Jul 31$0.12$0.88$0.127.33$75.88
$75.00$70.00Aug 28$0.63$4.37$0.636.94$74.37
$79.00$78.00Jul 31$0.13$0.87$0.136.69$78.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 139 found (best R:R 32.33, avg 1.61)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$73.00$78.00Jul 31$4.85$4.85$0.1532.33$77.85
$77.00$80.00Jul 24$2.70$2.70$0.309.00$79.70
$81.00$83.00Aug 14$1.80$1.80$0.209.00$82.80
$80.00$81.00Aug 28$0.88$0.88$0.127.33$80.88
$74.00$75.00Jul 24$0.87$0.87$0.136.69$74.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$87.00$86.00Jul 24$0.87$0.87$0.136.69$86.13
$90.00$87.50Aug 21$2.13$2.13$0.375.76$87.87
$89.00$87.00Jul 24$1.65$1.65$0.354.71$87.35
$94.00$88.00Aug 14$4.85$4.85$1.154.22$89.15
$90.00$89.00Jul 24$0.80$0.80$0.204.00$89.20

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 40 found (avg debit $0.61, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$93.00Jul 24Jul 31$0.0672.3%40.0%
$94.00Jul 24Jul 31$0.0674.8%41.9%
$99.00Jul 24Jul 31$0.08115.4%61.2%
$100.00Jul 24Aug 7$0.13134.7%53.8%
$92.00Jul 24Jul 31$0.1882.7%47.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$75.00Jul 24Jul 31$0.1280.9%46.8%
$77.00Jul 24Jul 31$0.1965.2%41.6%
$70.00Jul 31Aug 21$0.2453.8%42.1%
$76.00Jul 24Jul 31$0.2569.0%48.5%
$78.00Jul 24Jul 31$0.3260.6%42.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 57 found (cheapest 2.68% of stock, avg 8.03%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$84.00Jul 24$0.90$1.34$2.24$81.76$86.242.68%
$83.00Jul 24$1.46$0.82$2.28$80.72$85.282.73%
$85.00Jul 24$0.56$1.98$2.54$82.46$87.543.04%
$86.00Jul 24$0.33$2.76$3.09$82.91$89.093.70%
$87.00Jul 24$0.20$3.63$3.83$83.17$90.834.59%
$84.00Jul 31$1.90$2.21$4.11$79.89$88.114.92%
$80.00Jul 24$3.98$0.16$4.14$75.86$84.144.96%
$83.00Jul 31$2.40$1.77$4.17$78.83$87.174.99%
$85.00Jul 31$1.45$2.80$4.25$80.75$89.255.09%
$82.00Jul 31$3.02$1.33$4.35$77.65$86.355.21%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.22% of stock, avg 4.00%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$88.00$79.00Jul 24$0.09$0.09$0.18$78.82$88.18
$88.00$80.00Jul 24$0.09$0.16$0.25$79.75$88.25
$87.00$79.00Jul 24$0.20$0.09$0.29$78.71$87.29
$87.00$80.00Jul 24$0.20$0.16$0.36$79.64$87.36
$88.00$81.00Jul 24$0.09$0.30$0.39$80.61$88.39
$86.00$79.00Jul 24$0.33$0.09$0.42$78.58$86.42
$86.00$80.00Jul 24$0.33$0.16$0.49$79.51$86.49
$87.00$81.00Jul 24$0.20$0.30$0.50$80.50$87.50
$88.00$82.00Jul 24$0.09$0.49$0.58$81.42$88.58
$86.00$81.00Jul 24$0.33$0.30$0.63$80.37$86.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 270 found (best R:R 9.53, avg credit $0.85)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
75/7678/80Aug 21$1.81$0.199.53$74.19$79.81
84/8587/88Aug 14$0.90$0.109.00$84.10$87.90
80/8182/83Jul 31$0.89$0.118.09$80.11$82.89
82/8384/85Jul 31$0.89$0.118.09$82.11$84.89
81/8285/86Aug 7$0.89$0.118.09$81.11$85.89
77/7881/82Jul 31$0.88$0.127.33$77.12$81.88
85/8692/93Aug 7$0.88$0.127.33$85.12$92.88
83/8485/86Aug 14$0.88$0.127.33$83.12$85.88
77/7880/81Jul 31$0.87$0.136.69$77.13$80.87
84/8588/89Aug 14$0.87$0.136.69$84.13$88.87

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 64 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$77.00$80.00$83.00Jul 24$0.18$2.8215.67
$79.00$80.00$81.00Jul 31$0.06$0.9415.67
$86.00$87.00$88.00Jul 31$0.06$0.9415.67
$87.00$88.00$89.00Jul 24$0.07$0.9313.29
$92.00$93.00$94.00Jul 24$0.07$0.9313.29
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$80.00$81.00$82.00Jul 24$0.05$0.9519.00
$79.00$80.00$81.00Jul 31$0.06$0.9415.67
$79.00$80.00$81.00Aug 7$0.06$0.9415.67
$76.00$78.00$80.00Aug 14$0.12$1.8815.67
$78.00$79.00$80.00Jul 24$0.07$0.9313.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 88 found (best net $-0.88, 84 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$95.00$100.001:2Aug 7-$0.35$4.65
$73.00$78.001:2Jul 31-$1.38$3.62
$93.00$96.001:2Aug 14-$0.12$2.88
$97.50$100.001:2Aug 21-$0.01$2.49
$90.00$92.001:2Aug 7-$0.17$1.83
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$94.00$88.001:2Aug 14-$0.88$5.12
$90.00$85.001:2Aug 28-$1.05$3.95
$83.00$80.001:2Aug 14-$0.21$2.79
$72.50$70.001:2Aug 21-$0.12$2.38
$78.00$76.001:2Aug 14-$0.42$1.58

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 54 found (best yield 4.61%, avg 1.61%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$84.00Aug 28$3.850.510.6%4.61%5.18%99
$84.00Aug 21$3.450.510.6%4.13%4.71%2101
$85.00Aug 21$2.940.471.8%3.52%5.29%82965
$86.00Aug 28$2.940.453.0%3.52%6.49%1035
$84.00Aug 14$2.890.500.6%3.46%4.03%4131
$85.00Aug 28$2.860.471.8%3.42%5.20%79
$86.00Aug 21$2.570.423.0%3.08%6.05%12069
$87.00Aug 28$2.550.414.2%3.05%7.22%529
$85.00Aug 14$2.510.451.8%3.01%4.78%552
$84.00Aug 7$2.480.500.6%2.97%3.54%1231

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 27,356
Total Puts 3,450
Put/Call Ratio 0.13
Net Difference 23,906

Prior's Put/Call Breakdown

Total Calls 4,767
Total Puts 3,509
Put/Call Ratio 0.74
Net Difference 1,258

Prior 7-Day Put/Call Summary

Total Calls 91,901
Total Puts 55,394
Average Put/Call Ratio 0.74
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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Chart Title

Price — Past 7 Days

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