Tour v452
DAL
DELTA AIR LINES INC
$89.37 +3.12%
$89.08 (-0.33%)🌙
as of 07/28 06:08 PM
7/28 18:08

Option Volume

Detail
Current (07/28) 16,068
Calls: 11,547 (72%)
Puts: 4,521 (28%)
Prior (07/27) 19,877
Calls: 10,421 (52%)
Puts: 9,456 (48%)
Current vs Prior -19.16%
Calls: +10.81% (Calls)
Puts: -52.19% (Puts)
Prior 7-Day Total 136,208
Calls: 83,683 (61%)
Puts: 52,525 (39%)
Prior 7-Day Average 19,458
Calls: 11,954 (61%)
Puts: 7,503 (39%)
Current vs Prior 7-Day Avg -17.42%
Calls: -3.41%
Puts: -39.75%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/28) $5.27M
Calls: $4.48M (85%)
Puts: $791.2K (15%)
Prior (07/27) $4.31M
Calls: $2.87M (67%)
Puts: $1.44M (33%)
Current vs Prior +22.45%
Calls: +56.22%
Puts: -44.96%
Prior 7-Day Total $31.83M
Calls: $20.23M (64%)
Puts: $11.59M (36%)
Prior 7-Day Average $4.55M
Calls: $2.89M (64%)
Puts: $1.66M (36%)
Current vs Prior 7-Day Avg +16.02%
Calls: +55.13%
Puts: -52.23%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/28) 0.39
Prior (07/27) 0.91
Current vs Prior -56.85%
Prior 7-Day Average 0.76
Current vs Prior 7-Day Avg -48.77%
Sentiment BULLISH

Open Interest

Detail
Current (07/28) 379,121
Calls: 177,075 (47%)
Puts: 202,046 (53%)
Prior (07/27) 374,147
Calls: 174,718 (47%)
Puts: 199,429 (53%)
Current vs Prior +1.33%
Prior 7-Day Total 2,354,935
Calls: 1,135,648 (48%)
Puts: 1,219,287 (52%)
Prior 7-Day Average 336,419
Calls: 162,235 (48%)
Puts: 174,183 (52%)
Current vs Prior 7-Day Avg +12.69%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 3.70% | 6.11%8.74% | 13.63%
Prior 4.35% | 6.46%9.01% | 13.53%
Current vs Prior -14.85% | -5.45%-3.02% | +0.70%
Prior 7-Day Avg 4.06% | 6.11%8.11% | 13.40%
Current vs 7-Day Avg -8.81% | -0.07%+7.78% | +1.69%
Prior 7-Day Eod 4.35% | 6.46%9.01% | 13.53%
Current vs 7-Day Eod -14.85% | -5.45%-3.02% | +0.70%
Sentiment BULLISHBULLISH

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

Strong bullish conviction with 85% of dollar volume in calls ($4.48M) vs puts ($791.2K). Extreme bullish P/C ratio of 0.39 - heavy call buying (11,547 calls vs 4,521 puts). P/C ratio dropping 57% - 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 NEUTRAL
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 23 of results (avg 8.1%, best 4.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Aug 72.212.31$2.264.4%7090.47149
$92.00Aug 212.442.57$2.515.2%1080.4138
$85.00Aug 216.156.50$6.335.5%820.71994
$74.00Jul 3115.1516.25$15.707.0%20.986
$75.00Jul 3113.7514.90$14.338.0%--0.9913
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$88.00Aug 212.742.90$2.825.7%240.42--
$85.00Aug 211.691.80$1.756.3%240.29750
$87.00Aug 212.352.53$2.447.4%380.37335
$92.00Aug 73.754.05$3.907.7%--0.6588
$86.00Aug 212.002.16$2.087.7%130.3325

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.69, cheapest $0.28)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Aug 70.600.69$0.6513.8%860.20260
$91.00Jul 310.710.84$0.7716.9%2250.34494
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Aug 210.250.30$0.2817.9%440.063.6K
$80.00Aug 210.670.74$0.719.9%910.141.3K
$88.00Jul 310.760.92$0.8419.0%680.3488
$81.00Aug 210.800.91$0.8612.8%30.16226

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 90 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$74.00Aug 714.1516.10$15.1312.9%11.00--
$75.00Aug 713.5515.05$14.3010.5%--1.0086
$73.00Jul 3115.3516.95$16.159.9%20.9913
$75.00Jul 3113.7514.90$14.338.0%--0.9913
$77.00Jul 3110.8013.45$12.1321.8%30.9910
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Aug 2115.2016.95$16.0810.9%--0.9210
$100.00Aug 2110.6012.10$11.3513.2%--0.8917
$97.50Aug 218.459.90$9.1815.8%--0.80155
$92.00Jul 312.613.20$2.9120.3%--0.76101
$93.00Aug 74.205.50$4.8526.8%10.7221

Most actively traded options today. High liquidity = easy entry/exit. 214 active (total vol 10.1K, top 1.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Aug 213.153.45$3.309.1%1.5K0.493.6K
$90.00Aug 72.212.31$2.264.4%7090.47149
$90.00Jul 311.101.25$1.1812.7%7070.44634
$88.00Aug 214.105.05$4.5720.8%5450.58972
$87.00Jul 312.793.50$3.1522.5%3430.756.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$89.00Aug 72.142.47$2.3114.3%2630.473
$86.00Jul 310.280.41$0.3537.1%2350.17394
$80.00Jul 310.010.04$0.03100.0%1350.011.0K
$85.00Aug 70.641.36$1.0072.0%1340.2485
$89.00Jul 311.101.36$1.2321.1%1240.4521

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 48 strikes (avg 46.2%, max 140.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$105.00Jul 31Aug 2876.2%36.7%107.7%2291
$76.00Jul 31Aug 14103.3%52.7%96.0%164
$74.00Jul 31Aug 7101.6%52.1%94.9%36
$75.00Jul 31Aug 2186.4%45.5%89.9%--113
$77.00Jul 31Aug 1475.0%43.8%71.4%510
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$76.00Jul 31Aug 28103.3%42.9%140.4%9189
$74.00Jul 31Aug 28101.6%42.7%137.8%38136
$75.00Jul 31Sep 486.4%40.3%114.3%19359
$73.00Jul 31Aug 2895.3%44.5%114.1%23446
$77.00Jul 31Aug 2875.0%38.4%95.2%178

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 118 found (best R:R 32.33, avg 2.87)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$100.00$105.00Aug 21$0.15$4.85$0.1532.33$100.15
$100.00$102.00Aug 14$0.11$1.89$0.1117.18$100.11
$100.00$105.00Aug 28$0.52$4.48$0.528.62$100.52
$95.00$96.00Aug 7$0.13$0.87$0.136.69$95.13
$96.00$97.00Aug 14$0.16$0.84$0.165.25$96.16
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$90.00$88.00Aug 28$0.21$1.79$0.218.52$89.79
$86.00$85.00Jul 31$0.11$0.89$0.118.09$85.89
$80.00$79.00Aug 21$0.12$0.88$0.127.33$79.88
$79.00$75.00Sep 4$0.50$3.50$0.507.00$78.50
$79.00$78.00Aug 7$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. 147 found (best R:R 17.52, avg 1.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$80.00$81.00Jul 31$0.88$0.88$0.127.33$80.88
$77.50$80.00Aug 21$2.17$2.17$0.336.58$79.67
$72.50$75.00Aug 21$2.15$2.15$0.356.14$74.65
$75.00$77.50Aug 21$2.15$2.15$0.356.14$77.15
$78.00$79.00Jul 31$0.85$0.85$0.155.67$78.85
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$105.00$100.00Aug 21$4.73$4.73$0.2717.52$100.27
$97.50$95.00Aug 21$2.18$2.18$0.326.81$95.32
$100.00$97.50Aug 21$2.17$2.17$0.336.58$97.83
$92.50$91.00Aug 21$1.08$1.08$0.422.57$91.42
$95.00$94.00Aug 21$0.70$0.70$0.302.33$94.30

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 36 found (avg debit $0.62, cheapest $0.08)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$105.00Jul 31Aug 7$0.1276.2%56.2%
$99.00Jul 31Aug 7$0.1654.4%41.5%
$100.00Jul 31Aug 7$0.1947.3%45.0%
$77.00Jul 31Aug 14$0.2275.0%43.8%
$98.00Jul 31Aug 7$0.2251.0%41.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$78.00Jul 31Aug 7$0.0872.7%47.8%
$73.00Jul 31Aug 7$0.1395.3%69.9%
$79.00Jul 31Aug 7$0.2168.1%52.2%
$81.00Jul 31Aug 7$0.2855.0%46.8%
$80.00Jul 31Aug 7$0.3057.8%51.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 84 found (cheapest 3.17% of stock, avg 9.88%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$90.00Jul 31$1.18$1.65$2.83$87.17$92.833.17%
$89.00Jul 31$1.66$1.23$2.89$86.11$91.893.23%
$91.00Jul 31$0.77$2.28$3.05$87.95$94.053.41%
$88.00Jul 31$2.40$0.84$3.24$84.76$91.243.63%
$92.00Jul 31$0.51$2.91$3.42$88.58$95.423.83%
$87.00Jul 31$3.15$0.55$3.70$83.30$90.704.14%
$86.00Jul 31$3.83$0.35$4.18$81.82$90.184.68%
$89.00Aug 7$2.70$2.31$5.01$83.99$94.015.61%
$90.00Aug 7$2.26$2.76$5.02$84.98$95.025.62%
$88.00Aug 7$3.24$1.86$5.10$82.90$93.105.71%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.48% of stock, avg 4.57%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$94.00$85.00Jul 31$0.19$0.24$0.43$84.57$94.43
$93.00$85.00Jul 31$0.29$0.24$0.53$84.47$93.53
$94.00$86.00Jul 31$0.19$0.35$0.54$85.46$94.54
$93.00$86.00Jul 31$0.29$0.35$0.64$85.36$93.64
$94.00$87.00Jul 31$0.19$0.55$0.74$86.26$94.74
$92.00$85.00Jul 31$0.51$0.24$0.75$84.25$92.75
$93.00$87.00Jul 31$0.29$0.55$0.84$86.16$93.84
$92.00$86.00Jul 31$0.51$0.35$0.86$85.14$92.86
$91.00$85.00Jul 31$0.77$0.24$1.01$83.99$92.01
$94.00$88.00Jul 31$0.19$0.84$1.03$86.97$95.03

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 87 found (best R:R 9.53, avg credit $1.01)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
75/7678/80Aug 14$1.81$0.199.53$74.19$79.81
77/7886/87Aug 28$0.89$0.118.09$77.11$86.89
82/8488/89Aug 28$1.77$0.237.70$82.23$89.77
79/8083/84Aug 14$0.87$0.136.69$79.13$83.87
78/7986/87Aug 28$0.87$0.136.69$78.13$86.87
81/8291/92Sep 4$0.87$0.136.69$81.13$91.87
77/7885/86Aug 28$0.86$0.146.14$77.14$85.86
79/8188/89Aug 28$1.71$0.295.90$79.29$89.71
77/7880/81Aug 14$0.85$0.155.67$77.15$80.85
81/8283/84Aug 14$0.85$0.155.67$81.15$83.85

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 80 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$86.00$87.00$88.00Aug 28$0.05$0.9519.00
$94.00$95.00$96.00Jul 31$0.06$0.9415.67
$89.00$90.00$91.00Jul 31$0.07$0.9313.29
$98.00$99.00$100.00Aug 7$0.07$0.9313.29
$95.00$96.00$97.00Aug 7$0.08$0.9211.50
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$82.00$83.00$84.00Jul 31$0.07$0.9313.29
$77.00$78.00$79.00Aug 7$0.07$0.9313.29
$81.00$82.00$83.00Aug 14$0.07$0.9313.29
$76.00$77.00$78.00Aug 7$0.08$0.9211.50
$74.00$75.00$76.00Aug 28$0.08$0.9211.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 96 found (best net $-0.03, 90 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$100.00$105.001:2Jul 31-$0.03$4.97
$100.00$105.001:2Aug 21-$0.09$4.91
$96.00$100.001:2Sep 4-$0.11$3.89
$102.00$106.001:2Aug 14-$0.63$3.37
$100.00$102.001:2Aug 14-$0.02$1.98
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$81.00$79.001:2Aug 28-$0.53$1.47
$84.00$82.001:2Aug 28-$0.79$1.21
$87.00$85.001:2Aug 28-$0.96$1.04
$78.00$77.001:2Aug 7$0.00$1.00
$80.00$79.001:2Jul 31-$0.05$0.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 56 found (best yield 4.42%, avg 1.52%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$90.00Sep 4$3.950.500.7%4.42%5.12%1--
$91.00Sep 4$3.600.461.8%4.03%5.85%122
$91.00Aug 28$3.250.451.8%3.64%5.46%--93
$92.00Sep 4$3.250.432.9%3.64%6.58%23
$90.00Aug 21$3.150.490.7%3.52%4.23%1.5K3.6K
$90.00Aug 28$3.000.480.7%3.36%4.06%1067
$90.00Aug 14$2.630.490.7%2.94%3.65%32288
$91.00Aug 21$2.610.451.8%2.92%4.74%123120
$92.00Aug 28$2.600.432.9%2.91%5.85%148
$92.00Aug 21$2.440.412.9%2.73%5.67%10838

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 11,547
Total Puts 4,521
Put/Call Ratio 0.39
Net Difference 7,026

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 83,683
Total Puts 52,525
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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