Tour v456
DAL
DELTA AIR LINES INC
$86.25 -3.49%
$86.48 (+0.27%)🌙
as of 07/29 06:10 PM
7/29 18:10

Option Volume

Detail
Current (07/29) 12,250
Calls: 7,013 (57%)
Puts: 5,237 (43%)
Prior (07/28) 16,068
Calls: 11,547 (72%)
Puts: 4,521 (28%)
Current vs Prior -23.76%
Calls: -39.27% (Calls)
Puts: +15.84% (Puts)
Prior 7-Day Total 131,455
Calls: 82,988 (63%)
Puts: 48,467 (37%)
Prior 7-Day Average 18,779
Calls: 11,855 (63%)
Puts: 6,923 (37%)
Current vs Prior 7-Day Avg -34.77%
Calls: -40.85%
Puts: -24.36%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/29) $2.89M
Calls: $1.53M (53%)
Puts: $1.36M (47%)
Prior (07/28) $5.27M
Calls: $4.48M (85%)
Puts: $791.2K (15%)
Current vs Prior -45.12%
Calls: -65.83%
Puts: +72.23%
Prior 7-Day Total $30.01M
Calls: $19.19M (64%)
Puts: $10.82M (36%)
Prior 7-Day Average $4.29M
Calls: $2.74M (64%)
Puts: $1.55M (36%)
Current vs Prior 7-Day Avg -32.47%
Calls: -44.11%
Puts: -11.81%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/29) 0.75
Prior (07/28) 0.39
Current vs Prior +90.73%
Prior 7-Day Average 0.72
Current vs Prior 7-Day Avg +3.72%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/29) 195,564
Calls: 102,860 (53%)
Puts: 92,704 (47%)
Prior (07/28) 379,121
Calls: 177,075 (47%)
Puts: 202,046 (53%)
Current vs Prior -48.42%
Prior 7-Day Total 2,292,153
Calls: 1,098,086 (48%)
Puts: 1,194,067 (52%)
Prior 7-Day Average 327,450
Calls: 156,869 (48%)
Puts: 170,581 (52%)
Current vs Prior 7-Day Avg -40.28%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 4.29% | 6.19%8.65% | 13.25%
Prior 3.70% | 6.11%8.74% | 13.63%
Current vs Prior +15.83% | +1.34%-1.03% | -2.76%
Prior 7-Day Avg 3.87% | 6.02%9.16% | 13.79%
Current vs 7-Day Avg +10.78% | +2.91%-5.59% | -3.92%
Prior 7-Day Eod 3.70% | 6.11%8.74% | 13.63%
Current vs 7-Day Eod +15.83% | +1.34%-1.03% | -2.76%
Sentiment BEARISHBULLISH

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

P/C ratio rising 91% - increased hedging/bearish positioning. Declining open interest (down 48%) 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 BULLISH
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 7 of results (avg 8.7%, best 7.0%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Aug 214.204.60$4.409.1%90.58--
$90.00Aug 282.412.66$2.549.8%50.3975
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Aug 212.742.94$2.847.0%530.42743
$85.00Aug 283.103.35$3.237.7%20.42--
$88.00Aug 214.204.55$4.388.0%300.5622
$86.00Aug 213.153.45$3.309.1%100.4716
$80.00Aug 211.171.29$1.239.8%1210.221.3K

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 53 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$73.00Jul 3112.4014.70$13.5517.0%11.00--
$78.00Jul 317.4510.35$8.9032.6%100.9912
$72.00Jul 3113.2016.30$14.7521.0%10.99--
$74.00Jul 3111.4013.70$12.5518.3%30.98--
$80.00Jul 315.608.40$7.0040.0%10.98--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$89.00Jul 312.463.65$3.0638.9%431.00104
$90.00Jul 313.204.45$3.8332.6%161.0069
$92.00Jul 313.706.50$5.1054.9%101.00--
$93.00Jul 314.707.40$6.0544.6%61.009
$94.00Jul 316.408.40$7.4027.0%71.00--

Most actively traded options today. High liquidity = easy entry/exit. 182 active (total vol 8.6K, top 2.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$88.00Jul 310.520.90$0.7153.5%2.0K0.37592
$87.00Jul 310.581.30$0.9476.6%6310.506.5K
$90.00Aug 211.992.22$2.1110.9%5360.363.2K
$90.00Aug 70.921.15$1.0322.3%4680.29514
$88.00Aug 212.563.05$2.8117.4%2240.441.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$87.00Jul 311.321.99$1.6640.4%8780.59162
$88.00Jul 311.892.75$2.3237.1%5720.74123
$86.00Jul 310.711.43$1.0767.3%2180.41354
$85.00Aug 71.631.85$1.7412.6%2180.40176
$82.00Aug 70.751.08$0.9235.9%1310.231.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 35 strikes (avg 57.0%, max 162.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$96.00Jul 31Aug 1475.5%42.3%78.7%25175
$94.00Jul 31Sep 470.1%39.9%76.0%1470
$95.00Jul 31Aug 2869.9%39.8%75.4%171.8K
$92.00Jul 31Sep 467.1%38.7%73.5%61219
$97.00Jul 31Aug 2867.5%39.5%71.1%6--
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$70.00Jul 31Aug 21125.3%47.8%162.0%27597
$75.00Jul 31Sep 492.1%42.3%117.7%151
$74.00Jul 31Sep 4119.6%58.1%105.6%4--
$81.00Jul 31Sep 479.0%42.0%88.0%11357
$77.00Aug 7Sep 464.2%36.2%77.3%7354

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 102 found (best R:R 32.33, avg 3.39)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$95.00$97.00Aug 21$0.14$1.86$0.1413.29$95.14
$85.00$86.00Jul 31$0.10$0.90$0.109.00$85.10
$102.00$103.00Aug 7$0.10$0.90$0.109.00$102.10
$100.00$101.00Aug 7$0.11$0.89$0.118.09$100.11
$92.00$93.00Sep 4$0.13$0.87$0.136.69$92.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$80.00$75.00Aug 14$0.15$4.85$0.1532.33$79.85
$72.50$70.00Aug 21$0.18$2.32$0.1812.89$72.32
$75.00$73.00Aug 21$0.18$1.82$0.1810.11$74.82
$75.00$70.00Aug 14$0.48$4.52$0.489.42$74.52
$77.00$75.00Aug 7$0.28$1.72$0.286.14$76.72

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 121 found (best R:R 10.43, avg 1.21)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$74.00$78.00Jul 31$3.65$3.65$0.3510.43$77.65
$78.00$83.00Aug 7$4.56$4.56$0.4410.36$82.56
$80.00$82.00Jul 31$1.82$1.82$0.1810.11$81.82
$70.00$78.00Aug 21$6.93$6.93$1.076.48$76.93
$91.00$92.00Sep 4$0.85$0.85$0.155.67$91.85
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$95.00$94.00Jul 31$0.78$0.78$0.223.55$94.22
$92.00$91.00Aug 7$0.78$0.78$0.223.55$91.22
$90.00$89.00Jul 31$0.77$0.77$0.233.35$89.23
$91.00$90.00Aug 7$0.77$0.77$0.233.35$90.23
$78.00$77.00Sep 4$0.75$0.75$0.253.00$77.25

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 38 found (avg debit $0.65, cheapest $0.11)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$78.00Jul 31Aug 7$0.1372.2%49.2%
$96.00Jul 31Aug 7$0.1875.5%48.3%
$97.00Jul 31Aug 7$0.2367.5%51.6%
$94.00Jul 31Aug 7$0.2570.1%45.9%
$95.00Jul 31Aug 7$0.3569.9%51.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$70.00Jul 31Aug 7$0.11125.3%74.7%
$73.00Aug 7Aug 21$0.1463.8%45.3%
$75.00Jul 31Aug 7$0.2192.1%60.9%
$78.00Jul 31Aug 7$0.2572.2%49.2%
$77.00Aug 7Aug 21$0.2864.2%45.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 45 found (cheapest 3.01% of stock, avg 7.88%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$87.00Jul 31$0.94$1.66$2.60$84.40$89.603.01%
$85.00Jul 31$2.14$0.73$2.87$82.13$87.873.33%
$88.00Jul 31$0.71$2.32$3.03$84.97$91.033.51%
$86.00Jul 31$2.04$1.07$3.11$82.89$89.113.61%
$84.00Jul 31$2.77$0.40$3.17$80.83$87.173.68%
$89.00Jul 31$0.34$3.06$3.40$85.60$92.403.94%
$90.00Jul 31$0.28$3.83$4.11$85.89$94.114.77%
$83.00Jul 31$3.92$0.33$4.25$78.75$87.254.93%
$86.00Aug 7$2.59$2.17$4.76$81.24$90.765.52%
$87.00Aug 7$2.06$2.75$4.81$82.19$91.815.58%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.54% of stock, avg 4.18%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$91.00$81.00Jul 31$0.22$0.25$0.47$80.53$91.47
$92.00$81.00Jul 31$0.27$0.25$0.52$80.48$92.52
$90.00$81.00Jul 31$0.28$0.25$0.53$80.47$90.53
$91.00$83.00Jul 31$0.22$0.33$0.55$82.45$91.55
$89.00$81.00Jul 31$0.34$0.25$0.59$80.41$89.59
$92.00$83.00Jul 31$0.27$0.33$0.60$82.40$92.60
$90.00$83.00Jul 31$0.28$0.33$0.61$82.39$90.61
$91.00$84.00Jul 31$0.22$0.40$0.62$83.38$91.62
$89.00$83.00Jul 31$0.34$0.33$0.67$82.33$89.67
$92.00$84.00Jul 31$0.27$0.40$0.67$83.33$92.67

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 259 found (best R:R 30.25, avg credit $0.90)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
75/7778/83Aug 7$4.84$0.1630.25$72.16$82.84
79/8086/88Sep 4$1.86$0.1413.29$78.14$87.86
81/8283/84Aug 7$0.90$0.109.00$81.10$83.90
84/8587/88Aug 21$0.90$0.109.00$84.10$87.90
84/8590/91Aug 21$0.90$0.109.00$84.10$90.90
80/8184/85Aug 7$0.89$0.118.09$80.11$84.89
85/8690/91Aug 14$0.89$0.118.09$85.11$90.89
84/8586/87Aug 28$0.88$0.127.33$84.12$86.88
77/7892/93Sep 4$0.88$0.127.33$77.12$92.88
84/8588/89Aug 7$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. 49 found (best R:R 27.57, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$78.00$80.00$82.00Jul 31$0.08$1.9224.00
$85.00$86.00$87.00Aug 28$0.08$0.9211.50
$82.00$83.00$84.00Jul 31$0.11$0.898.09
$90.00$91.00$92.00Jul 31$0.11$0.898.09
$83.00$84.00$85.00Aug 7$0.11$0.898.09
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$88.00$90.00$92.00Aug 21$0.07$1.9327.57
$86.00$87.00$88.00Jul 31$0.07$0.9313.29
$73.00$75.00$77.00Aug 21$0.15$1.8512.33
$87.00$88.00$89.00Jul 31$0.08$0.9211.50
$81.00$82.00$83.00Aug 14$0.12$0.887.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 89 found (best net $-3.12, 78 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$70.00$78.001:2Aug 21-$3.12$4.88
$91.00$94.001:2Aug 28-$0.36$2.64
$85.00$88.001:2Aug 14-$0.77$2.23
$97.50$100.001:2Aug 21-$0.30$2.20
$93.00$95.001:2Aug 14-$0.35$1.65
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$80.00$75.001:2Aug 14-$0.40$4.60
$90.00$86.001:2Aug 14-$0.51$3.49
$78.00$75.001:2Jul 31-$0.03$2.97
$72.00$70.001:2Aug 7-$0.11$1.89
$75.00$73.001:2Aug 21-$0.11$1.89

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 46 found (best yield 4.00%, avg 1.51%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$87.00Aug 28$3.450.500.9%4.00%4.87%24--
$88.00Sep 4$3.250.482.0%3.77%5.80%1--
$87.00Aug 21$2.990.490.9%3.47%4.34%9802
$88.00Aug 28$2.800.462.0%3.25%5.28%37--
$87.50Aug 21$2.660.471.4%3.08%4.53%11--
$89.00Aug 28$2.610.423.2%3.03%6.21%1--
$88.00Aug 21$2.560.442.0%2.97%5.00%2241.2K
$90.00Aug 28$2.410.394.3%2.79%7.14%575
$89.00Aug 21$2.340.413.2%2.71%5.90%132
$91.00Sep 4$2.270.405.5%2.63%8.14%610

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 7,013
Total Puts 5,237
Put/Call Ratio 0.75
Net Difference 1,776

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 82,988
Total Puts 48,467
Average Put/Call Ratio 0.72
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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