Tour v477
DAL
DELTA AIR LINES INC
$87.44 -1.30%
$86.81 (-0.72%)🌙
as of 07/31 06:04 PM
7/31 18:04

Option Volume

Detail
Current (07/31) 34,551
Calls: 29,415 (85%)
Puts: 5,136 (15%)
Prior (07/30) 11,111
Calls: 6,504 (59%)
Puts: 4,607 (41%)
Current vs Prior +210.96%
Calls: +352.26% (Calls)
Puts: +11.48% (Puts)
Prior 7-Day Total 127,900
Calls: 81,196 (63%)
Puts: 46,704 (37%)
Prior 7-Day Average 18,271
Calls: 11,599 (63%)
Puts: 6,672 (37%)
Current vs Prior 7-Day Avg +89.10%
Calls: +153.59%
Puts: -23.02%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/31) $3.79M
Calls: $2.59M (68%)
Puts: $1.20M (32%)
Prior (07/30) $3.02M
Calls: $2.21M (73%)
Puts: $813.0K (27%)
Current vs Prior +25.41%
Calls: +17.03%
Puts: +48.19%
Prior 7-Day Total $27.15M
Calls: $17.29M (64%)
Puts: $9.86M (36%)
Prior 7-Day Average $3.88M
Calls: $2.47M (64%)
Puts: $1.41M (36%)
Current vs Prior 7-Day Avg -2.23%
Calls: +4.75%
Puts: -14.49%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/31) 0.17
Prior (07/30) 0.71
Current vs Prior -75.35%
Prior 7-Day Average 0.71
Current vs Prior 7-Day Avg -75.51%
Sentiment BULLISH

Open Interest

Detail
Current (07/31) 391,709
Calls: 184,941 (47%)
Puts: 206,768 (53%)
Prior (07/30) 388,590
Calls: 183,318 (47%)
Puts: 205,272 (53%)
Current vs Prior +0.80%
Prior 7-Day Total 2,134,348
Calls: 1,043,046 (49%)
Puts: 1,091,302 (51%)
Prior 7-Day Average 304,906
Calls: 149,006 (49%)
Puts: 155,900 (51%)
Current vs Prior 7-Day Avg +28.47%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 1.09% | 4.89%7.30% | 13.30%
Prior 2.51% | 5.52%8.25% | 13.24%
Current vs Prior +95.33% | +17.27%-11.57% | +0.45%
Prior 7-Day Avg 3.69% | 6.01%8.88% | 13.60%
Current vs 7-Day Avg +32.72% | +7.79%-17.85% | -2.23%
Prior 7-Day Eod 2.51% | 5.52%8.25% | 13.24%
Current vs 7-Day Eod +95.33% | +17.27%-11.57% | +0.45%
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

Moderately bullish flow with 68% call dollar volume ($2.59M). Unusually high activity with volume up 211% vs prior - elevated interest. Volume explosion - 89% above 7-day average (34,551 vs avg 18,271). Extreme bullish P/C ratio of 0.17 - heavy call buying (29,415 calls vs 5,136 puts).

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 10 of results (avg 8.4%, best 7.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$87.50Aug 213.053.30$3.187.9%100.53559
$70.00Aug 2117.3518.80$18.088.0%--0.98102
$88.00Aug 212.803.05$2.938.5%130.501.2K
$90.00Aug 211.962.14$2.058.8%3710.402.9K
$91.00Aug 211.671.83$1.759.1%10.35217
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Aug 143.854.15$4.007.5%10.6364
$85.00Aug 211.922.08$2.008.0%150.35750
$92.00Aug 145.255.70$5.488.2%--0.7461
$87.00Aug 212.722.96$2.848.5%10.45333

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 10 found (avg $0.73, cheapest $0.40)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$93.00Aug 140.730.87$0.8017.5%1060.2247
$90.00Aug 70.790.92$0.8615.1%3610.30613
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Aug 280.360.43$0.4017.5%60.0861
$78.00Aug 210.420.51$0.4719.1%60.1136
$79.00Aug 210.550.64$0.6015.0%90.13162
$80.00Aug 210.670.77$0.7213.9%1990.161.4K
$82.00Aug 140.670.80$0.7417.6%230.1940

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 98 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Jul 3116.4019.05$17.7314.9%11.0011
$78.00Jul 318.4011.05$9.7327.2%301.0012
$80.00Jul 316.509.45$7.9837.0%131.0048
$77.00Jul 319.4011.95$10.6823.9%380.997
$71.00Jul 3114.9018.45$16.6821.3%10.999
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$88.00Jul 310.010.79$0.40195.0%3271.00532
$90.00Jul 311.832.83$2.3342.9%81.0057
$91.00Jul 312.253.90$3.0853.6%--1.0019
$92.00Jul 313.705.25$4.4734.7%61.00101
$95.00Jul 317.057.90$7.4811.4%21.00--

Most actively traded options today. High liquidity = easy entry/exit. 214 active (total vol 32.8K, top 6.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$89.00Jul 310.000.18$0.09200.0%6.2K0.146.5K
$93.00Aug 70.230.46$0.3565.7%6.0K0.14302
$87.00Jul 310.350.75$0.5572.7%6.0K0.796.6K
$91.00Aug 70.540.73$0.6429.7%6.0K0.2462
$90.00Aug 211.962.14$2.058.8%3710.402.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$81.00Aug 140.360.66$0.5158.8%4930.1435
$87.00Jul 310.000.17$0.09188.9%3610.22798
$88.00Jul 310.010.79$0.40195.0%3271.00532
$86.00Aug 71.101.32$1.2118.2%2200.36131
$82.00Aug 70.240.43$0.3455.9%2190.132.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 54 strikes (avg 1685.7%, max 5746.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$75.00Jul 31Aug 212063.5%43.8%4615.2%8113
$100.00Jul 31Sep 41778.6%42.5%4083.3%3120
$76.00Jul 31Aug 141618.6%39.5%3995.3%1065
$97.00Jul 31Aug 281515.1%39.0%3789.6%--460
$96.00Jul 31Sep 41421.8%41.0%3364.9%1164
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$75.00Jul 31Sep 112063.5%35.3%5746.6%2348
$100.00Jul 31Aug 211778.6%35.6%4895.4%17817
$76.00Jul 31Sep 111618.6%34.8%4549.3%22175
$74.00Jul 31Sep 41232.4%38.8%3073.1%2169
$73.00Jul 31Aug 211303.7%43.1%2927.7%2479

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 111 found (best R:R 14.38, avg 3.51)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$100.00$102.00Aug 14$0.13$1.87$0.1314.38$100.13
$97.00$99.00Aug 28$0.16$1.84$0.1611.50$97.16
$98.00$100.00Sep 4$0.17$1.83$0.1710.76$98.17
$98.00$100.00Aug 21$0.24$1.76$0.247.33$98.24
$94.00$95.00Jul 31$0.13$0.87$0.136.69$94.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$74.00$72.00Sep 4$0.13$1.87$0.1314.38$73.87
$75.00$74.00Aug 7$0.10$0.90$0.109.00$74.90
$81.00$80.00Aug 7$0.10$0.90$0.109.00$80.90
$75.00$74.00Sep 4$0.10$0.90$0.109.00$74.90
$83.00$82.00Aug 7$0.11$0.89$0.118.09$82.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 146 found (best R:R 19.83, avg 1.45)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$70.00$72.50Aug 21$2.38$2.38$0.1219.83$72.38
$72.50$75.00Aug 21$2.30$2.30$0.2011.50$74.80
$78.00$80.00Aug 14$1.82$1.82$0.1810.11$79.82
$80.00$81.00Aug 21$0.90$0.90$0.109.00$80.90
$76.00$77.00Jul 31$0.84$0.84$0.165.25$76.84
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$96.00$95.00Jul 31$0.87$0.87$0.136.69$95.13
$97.50$95.00Aug 21$2.17$2.17$0.336.58$95.33
$90.00$89.00Aug 21$0.82$0.82$0.184.56$89.18
$91.00$90.00Aug 7$0.81$0.81$0.194.26$90.19
$82.00$81.00Aug 28$0.77$0.77$0.233.35$81.23

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 31 found (avg debit $0.66, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$75.00Jul 31Aug 7$0.052063.5%65.5%
$102.00Aug 7Aug 14$0.0654.0%42.9%
$95.00Jul 31Aug 7$0.13461.1%39.4%
$81.00Jul 31Aug 7$0.30445.8%44.5%
$70.00Jul 31Aug 21$0.351062.7%47.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$77.00Jul 31Aug 7$0.06697.1%49.4%
$95.00Jul 31Aug 14$0.07461.1%36.2%
$80.00Jul 31Aug 7$0.15467.2%44.3%
$92.00Jul 31Aug 7$0.23273.5%37.4%
$81.00Jul 31Aug 7$0.25445.8%44.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 95 found (cheapest 0.48% of stock, avg 9.03%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$88.00Jul 31$0.02$0.40$0.42$87.58$88.420.48%
$87.00Jul 31$0.55$0.09$0.64$86.36$87.640.73%
$86.00Jul 31$1.57$0.01$1.58$84.42$87.581.81%
$89.00Jul 31$0.09$1.60$1.69$87.31$90.691.93%
$90.00Jul 31$0.01$2.33$2.34$87.66$92.342.68%
$85.00Jul 31$3.05$0.04$3.09$81.91$88.093.53%
$91.00Jul 31$0.01$3.08$3.09$87.91$94.093.53%
$88.00Aug 7$1.64$2.09$3.73$84.27$91.734.27%
$84.00Jul 31$3.43$0.33$3.76$80.24$87.764.30%
$87.00Aug 7$2.19$1.63$3.82$83.18$90.824.37%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 155 found (cheapest 0.21% of stock, avg 3.72%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$89.00$87.00Jul 31$0.09$0.09$0.18$86.82$89.18
$89.00$79.00Jul 31$0.09$0.15$0.24$78.76$89.24
$89.00$84.00Jul 31$0.09$0.33$0.42$83.58$89.42
$89.00$76.00Jul 31$0.09$0.61$0.70$75.30$89.70
$92.00$83.00Aug 7$0.41$0.45$0.86$82.14$92.86
$92.00$84.00Aug 7$0.41$0.62$1.03$82.97$93.03
$91.00$83.00Aug 7$0.64$0.45$1.09$81.91$92.09
$93.00$87.00Jul 31$1.07$0.09$1.16$85.84$94.16
$96.00$87.00Jul 31$1.07$0.09$1.16$85.84$97.16
$97.00$87.00Jul 31$1.07$0.09$1.16$85.84$98.16

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 136 found (best R:R 9.00, avg credit $0.96)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
81/8291/92Aug 28$0.90$0.109.00$81.10$91.90
78/7985/86Aug 14$0.89$0.118.09$78.11$85.89
83/8487/88Aug 14$0.88$0.127.33$83.12$87.88
78/7988/89Aug 28$0.88$0.127.33$78.12$88.88
83/8485/86Aug 7$0.87$0.136.69$83.13$85.87
84/8586/87Aug 14$0.87$0.136.69$84.13$86.87
78/7991/92Sep 4$0.87$0.136.69$78.13$91.87
81/8286/87Aug 14$0.85$0.155.67$81.15$86.85
77/7891/92Sep 4$0.85$0.155.67$77.15$91.85
74/7579/80Aug 7$0.84$0.165.25$74.16$79.84

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 79 found (best R:R 30.25, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$70.00$72.50$75.00Aug 21$0.08$2.4230.25
$76.00$78.00$80.00Aug 14$0.08$1.9224.00
$93.00$94.00$95.00Aug 14$0.05$0.9519.00
$90.00$91.00$92.00Aug 14$0.07$0.9313.29
$89.00$90.00$91.00Jul 31$0.08$0.9211.50
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$95.00$96.00$97.00Jul 31$0.05$0.9519.00
$78.00$79.00$80.00Aug 28$0.05$0.9519.00
$71.00$72.00$73.00Jul 31$0.06$0.9415.67
$77.00$78.00$79.00Aug 7$0.06$0.9415.67
$82.00$83.00$84.00Aug 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. 114 found (best net $-0.33, 96 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$86.00$91.001:2Sep 4-$0.33$4.67
$98.00$100.001:2Aug 14-$0.17$1.83
$97.00$99.001:2Aug 28-$0.54$1.46
$96.00$98.001:2Sep 4-$0.66$1.34
$98.00$100.001:2Sep 4-$0.66$1.34
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$73.00$70.001:2Aug 14-$0.02$2.98
$72.50$70.001:2Aug 21-$0.03$2.47
$72.00$70.001:2Aug 7-$0.03$1.97
$72.00$70.001:2Aug 28-$0.10$1.90
$74.00$72.001:2Sep 4-$0.18$1.82

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 50 found (best yield 3.49%, avg 1.29%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$87.50Aug 21$3.050.530.1%3.49%3.56%10559
$88.00Aug 28$2.840.500.6%3.25%3.89%1123
$88.00Aug 21$2.800.500.6%3.20%3.84%131.2K
$89.00Aug 28$2.760.451.8%3.16%4.94%--95
$90.00Aug 28$2.360.422.9%2.70%5.63%478
$89.00Aug 21$2.350.451.8%2.69%4.47%135
$91.00Sep 4$2.110.384.1%2.41%6.48%--13
$91.00Aug 28$2.060.374.1%2.36%6.43%12195
$88.00Aug 14$2.050.490.6%2.34%2.98%1071
$90.00Aug 21$1.960.402.9%2.24%5.17%3712.9K

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 29,415
Total Puts 5,136
Put/Call Ratio 0.17
Net Difference 24,279

Prior's Put/Call Breakdown

Total Calls 6,504
Total Puts 4,607
Put/Call Ratio 0.71
Net Difference 1,897

Prior 7-Day Put/Call Summary

Total Calls 81,196
Total Puts 46,704
Average Put/Call Ratio 0.71
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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