Tour v422
DAL
DELTA AIR LINES INC
$86.67 +1.89%
$86.81 (+0.16%)🌙
as of 07/27 06:04 PM
7/27 18:04

Option Volume

Detail
Current (07/27) 19,877
Calls: 10,421 (52%)
Puts: 9,456 (48%)
Prior (07/24) 17,342
Calls: 8,899 (51%)
Puts: 8,443 (49%)
Current vs Prior +14.62%
Calls: +17.10% (Calls)
Puts: +12.00% (Puts)
Prior 7-Day Total 132,948
Calls: 82,075 (62%)
Puts: 50,873 (38%)
Prior 7-Day Average 18,992
Calls: 11,725 (62%)
Puts: 7,267 (38%)
Current vs Prior 7-Day Avg +4.66%
Calls: -11.12%
Puts: +30.11%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/27) $4.31M
Calls: $2.87M (67%)
Puts: $1.44M (33%)
Prior (07/24) $3.25M
Calls: $1.83M (56%)
Puts: $1.42M (44%)
Current vs Prior +32.63%
Calls: +56.70%
Puts: +1.50%
Prior 7-Day Total $32.09M
Calls: $19.73M (61%)
Puts: $12.36M (39%)
Prior 7-Day Average $4.58M
Calls: $2.82M (61%)
Puts: $1.77M (39%)
Current vs Prior 7-Day Avg -6.04%
Calls: +1.85%
Puts: -18.62%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/27) 0.91
Prior (07/24) 0.95
Current vs Prior -4.36%
Prior 7-Day Average 0.76
Current vs Prior 7-Day Avg +19.22%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/27) 374,147
Calls: 174,718 (47%)
Puts: 199,429 (53%)
Prior (07/24) 212,424
Calls: 118,808 (56%)
Puts: 93,616 (44%)
Current vs Prior +76.13%
Prior 7-Day Total 2,419,881
Calls: 1,173,133 (48%)
Puts: 1,246,748 (52%)
Prior 7-Day Average 345,697
Calls: 167,590 (48%)
Puts: 178,106 (52%)
Current vs Prior 7-Day Avg +8.23%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 4.35% | 6.46%9.01% | 13.53%
Prior 5.11% | 6.85%8.79% | 13.53%
Current vs Prior -14.94% | -5.73%+2.47% | +0.02%
Prior 7-Day Avg 3.78% | 5.94%7.16% | 13.03%
Current vs 7-Day Avg +15.04% | +8.85%+25.82% | +3.86%
Prior 7-Day Eod 5.11% | 6.85%8.79% | 13.53%
Current vs 7-Day Eod -14.94% | -5.73%+2.47% | +0.02%
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 67% call dollar volume ($2.87M). Rising open interest (up 76%) indicates new positions being established.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
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 13 of results (avg 8.8%, best 6.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$86.00Aug 213.954.20$4.086.1%120.56182
$83.00Aug 74.655.05$4.858.2%100.7316
$86.00Jul 311.932.11$2.028.9%1860.58442
$84.00Jul 313.203.50$3.359.0%130.75149
$88.00Aug 212.973.25$3.119.0%1.9K0.472.0K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$88.00Aug 143.503.75$3.636.9%--0.5544
$91.00Aug 74.905.35$5.138.8%--0.7553
$92.50Aug 216.757.40$7.089.2%--0.721.0K
$91.00Aug 215.756.35$6.059.9%--0.6622

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.92, cheapest $0.92)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Jul 310.841.00$0.9217.4%2760.33215

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 84 found (avg delta 0.75, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Jul 3114.6518.50$16.5823.2%60.991
$75.00Jul 319.8012.75$11.2826.2%20.9913
$71.00Jul 3113.6517.50$15.5824.7%40.99--
$76.00Jul 319.8011.40$10.6015.1%10.99--
$72.00Jul 3112.6516.50$14.5826.4%30.9818
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 2112.9014.45$13.6811.3%--0.9317
$93.00Jul 315.307.55$6.4335.0%30.9210
$92.00Jul 314.906.85$5.8833.2%--0.90101
$97.50Aug 2110.7012.35$11.5214.3%--0.87155
$91.00Jul 313.456.65$5.0563.4%--0.8515

Most actively traded options today. High liquidity = easy entry/exit. 199 active (total vol 15.1K, top 1.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$88.00Aug 212.973.25$3.119.0%1.9K0.472.0K
$87.00Aug 213.154.40$3.7833.1%5860.51508
$89.00Jul 310.630.77$0.7020.0%5240.296.1K
$87.00Jul 311.401.57$1.4911.4%4970.486.2K
$89.00Aug 71.101.67$1.3941.0%3830.3671
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Aug 210.380.64$0.5151.0%1.9K0.105.1K
$82.00Aug 70.700.94$0.8229.3%1.3K0.22477
$87.00Aug 213.454.00$3.7314.7%5220.495
$80.00Jul 310.060.21$0.14107.1%3480.07764
$80.00Aug 70.300.62$0.4669.6%3040.14173

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 50 strikes (avg 30.6%, max 110.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$70.00Jul 31Aug 2186.7%50.2%72.5%6104
$98.00Jul 31Aug 2159.4%36.1%64.6%2185
$100.00Jul 31Aug 2154.7%35.3%54.7%272.0K
$99.00Jul 31Aug 2860.2%39.2%53.6%--98
$78.00Jul 31Aug 1472.3%48.2%50.1%378
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$72.00Jul 31Sep 486.7%41.1%110.9%1797
$74.00Jul 31Aug 2886.4%44.5%94.1%10364
$73.00Jul 31Sep 489.3%46.2%93.1%19434
$70.00Jul 31Aug 2886.7%48.0%80.5%5755
$78.00Jul 31Aug 2872.3%41.6%73.8%33193

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 125 found (best R:R 18.23, avg 2.93)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$96.00$99.00Aug 28$0.23$2.77$0.2312.04$96.23
$98.00$100.00Aug 21$0.17$1.83$0.1710.76$98.17
$91.00$92.00Jul 31$0.11$0.89$0.118.09$91.11
$96.00$97.00Aug 7$0.11$0.89$0.118.09$96.11
$94.00$95.00Aug 7$0.12$0.88$0.127.33$94.12
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$75.00$70.00Aug 14$0.26$4.74$0.2618.23$74.74
$77.00$76.00Jul 31$0.11$0.89$0.118.09$76.89
$84.00$83.00Aug 28$0.11$0.89$0.118.09$83.89
$76.00$75.00Aug 14$0.13$0.87$0.136.69$75.87
$77.00$76.00Aug 14$0.13$0.87$0.136.69$76.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 158 found (best R:R 11.00, avg 1.45)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$75.00$78.00Aug 7$2.75$2.75$0.2511.00$77.75
$70.00$72.50Aug 21$2.28$2.28$0.2210.36$72.28
$79.00$80.00Jul 31$0.90$0.90$0.109.00$79.90
$75.00$77.50Aug 21$2.25$2.25$0.259.00$77.25
$84.00$85.00Aug 7$0.88$0.88$0.127.33$84.88
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$97.50$95.00Aug 21$2.22$2.22$0.287.93$95.28
$100.00$97.50Aug 21$2.16$2.16$0.346.35$97.84
$91.00$90.00Jul 31$0.84$0.84$0.165.25$90.16
$92.00$91.00Jul 31$0.83$0.83$0.174.88$91.17
$91.00$90.00Aug 21$0.82$0.82$0.184.56$90.18

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 47 found (avg debit $0.46, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$97.00Jul 31Aug 7$0.1448.2%41.0%
$96.00Jul 31Aug 7$0.2151.9%43.1%
$95.00Jul 31Aug 7$0.2345.0%39.8%
$70.00Jul 31Aug 21$0.2586.7%50.2%
$102.00Aug 7Aug 14$0.2556.1%53.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$70.00Jul 31Aug 7$0.0586.7%61.0%
$75.00Jul 31Aug 7$0.0863.3%47.6%
$91.00Jul 31Aug 7$0.0843.5%39.6%
$78.00Jul 31Aug 7$0.1472.3%49.1%
$90.00Jul 31Aug 7$0.1743.3%40.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 83 found (cheapest 3.74% of stock, avg 9.35%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$87.00Jul 31$1.49$1.75$3.24$83.76$90.243.74%
$86.00Jul 31$2.02$1.32$3.34$82.66$89.343.85%
$88.00Jul 31$1.06$2.30$3.36$84.64$91.363.88%
$85.00Jul 31$2.62$0.92$3.54$81.46$88.544.08%
$89.00Jul 31$0.70$2.86$3.56$85.44$92.564.11%
$84.00Jul 31$3.35$0.64$3.99$80.01$87.994.60%
$90.00Jul 31$0.45$4.21$4.66$85.34$94.665.38%
$83.00Jul 31$4.40$0.44$4.84$78.16$87.845.58%
$85.00Aug 7$3.25$1.77$5.02$79.98$90.025.79%
$87.00Aug 7$2.41$2.63$5.04$81.96$92.045.82%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.67% of stock, avg 4.60%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$91.00$82.00Jul 31$0.29$0.29$0.58$81.42$91.58
$91.00$83.00Jul 31$0.29$0.44$0.73$82.27$91.73
$90.00$82.00Jul 31$0.45$0.29$0.74$81.26$90.74
$90.00$83.00Jul 31$0.45$0.44$0.89$82.11$90.89
$91.00$84.00Jul 31$0.29$0.64$0.93$83.07$91.93
$89.00$82.00Jul 31$0.70$0.29$0.99$81.01$89.99
$90.00$84.00Jul 31$0.45$0.64$1.09$82.91$91.09
$89.00$83.00Jul 31$0.70$0.44$1.14$81.86$90.14
$91.00$85.00Jul 31$0.29$0.92$1.21$83.79$92.21
$89.00$84.00Jul 31$0.70$0.64$1.34$82.66$90.34

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 170 found (best R:R 17.18, avg credit $0.89)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
76/7780/82Aug 7$1.89$0.1117.18$75.11$81.89
75/7680/82Aug 7$1.88$0.1215.67$74.12$81.88
80/8183/84Aug 7$0.90$0.109.00$80.10$83.90
81/8283/84Aug 7$0.90$0.109.00$81.10$83.90
83/8486/87Aug 14$0.90$0.109.00$83.10$86.90
76/7783/84Aug 7$0.89$0.118.09$76.11$83.89
85/8687/88Aug 7$0.89$0.118.09$85.11$87.89
80/8184/85Aug 14$0.89$0.118.09$80.11$84.89
76/7785/86Aug 28$0.89$0.118.09$76.11$85.89
79/8084/85Aug 28$0.89$0.118.09$79.11$84.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 84 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$90.00$91.00$92.00Jul 31$0.05$0.9519.00
$76.00$77.00$78.00Jul 31$0.06$0.9415.67
$72.50$75.00$77.50Aug 21$0.15$2.3515.67
$85.00$86.00$87.00Jul 31$0.07$0.9313.29
$87.00$88.00$89.00Jul 31$0.07$0.9313.29
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$72.00$73.00$74.00Aug 7$0.05$0.9519.00
$81.00$82.00$83.00Jul 31$0.06$0.9415.67
$83.00$84.00$85.00Aug 7$0.06$0.9415.67
$85.00$86.00$87.00Aug 7$0.06$0.9415.67
$86.00$87.00$88.00Aug 7$0.06$0.9415.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 97 found (best net $-2.36, 93 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$96.00$99.001:2Aug 28-$0.50$2.50
$89.00$92.001:2Sep 4-$0.96$2.04
$98.00$100.001:2Aug 21-$0.07$1.93
$100.00$102.001:2Aug 14-$0.48$1.52
$93.00$95.001:2Sep 4-$0.70$1.30
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$91.00$86.001:2Aug 28-$2.36$2.64
$72.50$70.001:2Aug 21-$0.15$2.35
$72.00$70.001:2Aug 7-$0.07$1.93
$72.00$70.001:2Aug 28-$0.26$1.74
$86.00$83.001:2Sep 4-$1.68$1.32

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 58 found (best yield 4.21%, avg 1.47%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$87.00Aug 28$3.650.530.4%4.21%4.59%230
$87.00Aug 21$3.150.510.4%3.63%4.02%586508
$88.00Aug 28$3.150.491.5%3.63%5.17%1153
$89.00Sep 4$3.100.452.7%3.58%6.27%1--
$88.00Aug 21$2.970.471.5%3.43%4.96%1.9K2.0K
$87.00Aug 14$2.750.500.4%3.17%3.55%179169
$87.50Aug 21$2.460.491.0%2.84%3.80%11590
$88.00Aug 14$2.390.451.5%2.76%4.29%4032
$89.00Aug 28$2.370.452.7%2.73%5.42%518
$90.00Aug 28$2.350.413.8%2.71%6.55%466

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 10,421
Total Puts 9,456
Put/Call Ratio 0.91
Net Difference 965

Prior's Put/Call Breakdown

Total Calls 8,899
Total Puts 8,443
Put/Call Ratio 0.95
Net Difference 456

Prior 7-Day Put/Call Summary

Total Calls 82,075
Total Puts 50,873
Average Put/Call Ratio 0.76
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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