Tour v487
DAL
DELTA AIR LINES INC
$91.59 +4.75%
$91.49 (-0.11%)🌙
as of 08/03 06:06 PM
8/3 18:06

Option Volume

Detail
Current (08/03) 19,406
Calls: 9,665 (50%)
Puts: 9,741 (50%)
Prior (07/31) 34,551
Calls: 29,415 (85%)
Puts: 5,136 (15%)
Current vs Prior -43.83%
Calls: -67.14% (Calls)
Puts: +89.66% (Puts)
Prior 7-Day Total 131,645
Calls: 83,255 (63%)
Puts: 48,390 (37%)
Prior 7-Day Average 18,806
Calls: 11,893 (63%)
Puts: 6,912 (37%)
Current vs Prior 7-Day Avg +3.19%
Calls: -18.74%
Puts: +40.91%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/03) $4.36M
Calls: $3.39M (78%)
Puts: $974.8K (22%)
Prior (07/31) $3.79M
Calls: $2.59M (68%)
Puts: $1.20M (32%)
Current vs Prior +15.08%
Calls: +30.99%
Puts: -19.09%
Prior 7-Day Total $28.35M
Calls: $18.02M (64%)
Puts: $10.33M (36%)
Prior 7-Day Average $4.05M
Calls: $2.57M (64%)
Puts: $1.48M (36%)
Current vs Prior 7-Day Avg +7.74%
Calls: +31.66%
Puts: -33.98%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/03) 1.01
Prior (07/31) 0.17
Current vs Prior +477.23%
Prior 7-Day Average 0.72
Current vs Prior 7-Day Avg +40.00%
Sentiment BEARISH

Open Interest

Detail
Current (08/03) 377,732
Calls: 176,091 (47%)
Puts: 201,641 (53%)
Prior (07/31) 391,709
Calls: 184,941 (47%)
Puts: 206,768 (53%)
Current vs Prior -3.57%
Prior 7-Day Total 2,334,878
Calls: 1,130,794 (48%)
Puts: 1,204,084 (52%)
Prior 7-Day Average 333,554
Calls: 161,542 (48%)
Puts: 172,012 (52%)
Current vs Prior 7-Day Avg +13.24%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 4.07% | 6.05%7.27% | 12.73%
Prior 4.89% | 6.47%7.30% | 13.30%
Current vs Prior -16.80% | -6.56%-0.34% | -4.28%
Prior 7-Day Avg 3.91% | 6.14%8.57% | 13.48%
Current vs 7-Day Avg +4.20% | -1.51%-15.13% | -5.53%
Prior 7-Day Eod 4.89% | 6.47%7.30% | 13.30%
Current vs 7-Day Eod -16.80% | -6.56%-0.34% | -4.28%
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 78% of dollar volume in calls ($3.39M) vs puts ($974.8K). Below-average activity with volume down 44% vs prior. Slightly bearish P/C ratio of 1.01. P/C ratio rising 477% - increased hedging/bearish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
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 12 of results (avg 8.3%, best 5.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$77.50Aug 2114.0514.90$14.485.9%--0.9667
$87.50Aug 215.606.00$5.806.9%220.73557
$90.00Aug 214.004.30$4.157.2%9120.612.8K
$95.00Aug 211.691.83$1.768.0%870.361.2K
$92.00Aug 283.503.80$3.658.2%250.5247
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$92.00Aug 142.532.76$2.648.7%10.5161

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.85, cheapest $0.69)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$94.00Aug 70.620.75$0.6918.8%3050.2884
$98.00Aug 210.851.03$0.9419.1%60.2311
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Aug 70.850.98$0.9214.1%1980.3430

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 84 found (avg delta 0.77, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$76.00Aug 713.6017.45$15.5224.8%240.991
$75.00Aug 714.6018.50$16.5523.6%100.9988
$74.00Aug 715.6018.60$17.1017.5%60.994
$77.00Aug 712.6016.15$14.3824.7%220.99--
$79.00Aug 711.4513.10$12.2713.4%--0.9924
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Aug 2113.0014.50$13.7510.9%--0.9510
$100.00Aug 218.559.85$9.2014.1%--0.8517
$97.50Aug 216.107.70$6.9023.2%--0.75155
$94.00Aug 72.793.20$3.0013.7%80.729
$95.00Aug 214.805.40$5.1011.8%10.65493

Most actively traded options today. High liquidity = easy entry/exit. 206 active (total vol 12.0K, top 1.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Aug 214.004.30$4.157.2%9120.612.8K
$90.00Aug 72.392.69$2.5411.8%6190.66726
$100.00Aug 210.520.65$0.5922.0%5890.161.9K
$93.00Aug 70.961.06$1.019.9%5670.376.3K
$92.00Aug 71.311.57$1.4418.1%4320.47342
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.50Aug 210.450.69$0.5742.1%1.0K0.121.1K
$91.00Aug 71.111.40$1.2523.2%5040.4354
$85.00Aug 70.080.17$0.1369.2%2280.06597
$87.00Aug 140.741.11$0.9339.8%2200.2388
$87.00Aug 70.260.37$0.3234.4%2130.14159

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 46 strikes (avg 28.3%, max 108.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$103.00Aug 7Aug 1466.8%39.6%68.9%3466
$78.00Aug 7Aug 1488.6%57.2%54.9%474
$75.00Aug 7Aug 2178.3%52.2%50.1%12190
$80.00Aug 7Aug 2869.2%47.3%46.2%24124
$79.00Aug 7Aug 2164.0%44.4%44.3%--35
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$78.00Aug 7Sep 1188.6%42.4%108.9%1953
$74.00Aug 7Sep 490.5%48.6%86.2%434
$75.00Aug 7Sep 1178.3%43.9%78.2%7308
$77.00Aug 7Sep 1173.6%42.7%72.3%10123
$80.00Aug 7Sep 1169.2%43.5%59.1%169586

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 113 found (best R:R 15.67, avg 3.04)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$101.00$105.00Aug 28$0.24$3.76$0.2415.67$101.24
$100.00$105.00Aug 21$0.38$4.62$0.3812.16$100.38
$104.00$105.00Aug 7$0.11$0.89$0.118.09$104.11
$96.00$97.00Aug 7$0.12$0.88$0.127.33$96.12
$95.00$96.00Aug 7$0.13$0.87$0.136.69$95.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$82.00$80.00Sep 11$0.18$1.82$0.1810.11$81.82
$78.00$77.00Aug 7$0.10$0.90$0.109.00$77.90
$87.00$86.00Aug 7$0.10$0.90$0.109.00$86.90
$86.00$85.00Aug 14$0.10$0.90$0.109.00$85.90
$77.00$76.00Aug 14$0.12$0.88$0.127.33$76.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 137 found (best R:R 11.50, avg 1.30)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$77.50$79.00Aug 21$1.38$1.38$0.1211.50$78.88
$78.00$79.00Aug 7$0.88$0.88$0.127.33$78.88
$78.00$80.00Aug 14$1.72$1.72$0.286.14$79.72
$86.00$87.00Aug 14$0.85$0.85$0.155.67$86.85
$83.00$84.00Aug 28$0.85$0.85$0.155.67$83.85
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$100.00$97.50Aug 21$2.30$2.30$0.2011.50$97.70
$105.00$100.00Aug 21$4.55$4.55$0.4510.11$100.45
$97.50$95.00Aug 21$1.80$1.80$0.702.57$95.70
$95.00$92.00Aug 28$2.12$2.12$0.882.41$92.88
$88.00$87.50Aug 21$0.34$0.34$0.162.13$87.66

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 49 found (avg debit $0.54, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$81.00Aug 7Aug 14$0.0554.4%47.2%
$105.00Aug 7Aug 14$0.0648.6%40.5%
$76.00Aug 7Aug 14$0.1370.5%62.4%
$80.00Aug 7Aug 14$0.2069.2%45.6%
$86.00Aug 7Aug 14$0.2048.0%41.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$78.00Aug 7Aug 14$0.0688.6%57.2%
$79.00Aug 7Aug 14$0.0664.0%46.1%
$74.00Aug 7Aug 14$0.1290.5%69.4%
$75.00Aug 7Aug 14$0.1278.3%64.9%
$76.00Aug 7Aug 14$0.1570.5%62.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 74 found (cheapest 3.46% of stock, avg 9.77%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$91.00Aug 7$1.92$1.25$3.17$87.83$94.173.46%
$92.00Aug 7$1.44$1.81$3.25$88.75$95.253.55%
$93.00Aug 7$1.01$2.35$3.36$89.64$96.363.67%
$90.00Aug 7$2.54$0.92$3.46$86.54$93.463.78%
$94.00Aug 7$0.69$3.00$3.69$90.31$97.694.03%
$89.00Aug 7$3.28$0.67$3.95$85.05$92.954.31%
$88.00Aug 7$4.43$0.41$4.84$83.16$92.845.28%
$92.00Aug 14$2.30$2.64$4.94$87.06$96.945.39%
$91.00Aug 14$2.90$2.17$5.07$85.93$96.075.54%
$90.00Aug 14$3.43$1.73$5.16$84.84$95.165.63%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 0.70% of stock, avg 4.16%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$96.00$87.00Aug 7$0.32$0.32$0.64$86.36$96.64
$96.00$88.00Aug 7$0.32$0.41$0.73$87.27$96.73
$95.00$87.00Aug 7$0.45$0.32$0.77$86.23$95.77
$95.00$88.00Aug 7$0.45$0.41$0.86$87.14$95.86
$96.00$89.00Aug 7$0.32$0.67$0.99$88.01$96.99
$94.00$87.00Aug 7$0.69$0.32$1.01$85.99$95.01
$94.00$88.00Aug 7$0.69$0.41$1.10$86.90$95.10
$95.00$89.00Aug 7$0.45$0.67$1.12$87.88$96.12
$96.00$90.00Aug 7$0.32$0.92$1.24$88.76$97.24
$93.00$87.00Aug 7$1.01$0.32$1.33$85.67$94.33

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 105 found (best R:R 11.50, avg credit $1.32)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
76/7778/80Aug 14$1.84$0.1611.50$75.16$79.84
81/8287/88Aug 14$0.90$0.109.00$81.10$87.90
82/8387/88Aug 28$0.87$0.136.69$82.13$87.87
78/7990/91Aug 28$0.86$0.146.14$78.14$90.86
81/8282/83Aug 21$0.85$0.155.67$81.15$83.35
79/8090/91Aug 28$0.85$0.155.67$79.15$90.85
82/8388/90Sep 4$1.69$0.315.45$81.31$89.69
77/7879/80Aug 7$0.84$0.165.25$77.16$79.84
76/7782/83Aug 14$0.84$0.165.25$76.16$82.84
82/8390/91Aug 28$0.82$0.184.56$82.18$90.82

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 73 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$99.00$100.00$101.00Aug 7$0.05$0.9519.00
$99.00$100.00$101.00Aug 28$0.07$0.9313.29
$93.00$94.00$95.00Aug 7$0.08$0.9211.50
$101.00$102.00$103.00Aug 7$0.10$0.909.00
$83.00$84.00$85.00Aug 28$0.10$0.909.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$80.00$81.00$82.00Aug 7$0.06$0.9415.67
$79.00$80.00$81.00Aug 14$0.06$0.9415.67
$74.00$75.00$76.00Aug 21$0.07$0.9313.29
$76.00$77.00$78.00Aug 7$0.08$0.9211.50
$84.00$85.00$86.00Aug 7$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. 100 found (best net $-1.16, 92 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$83.00$90.001:2Sep 11-$1.16$5.84
$101.00$105.001:2Aug 28-$0.39$3.61
$93.00$97.001:2Sep 11-$1.04$2.96
$103.00$105.001:2Aug 14-$0.02$1.98
$98.00$100.001:2Aug 21-$0.24$1.76
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$85.00$82.001:2Sep 11-$0.55$2.45
$80.00$78.001:2Sep 11-$0.33$1.67
$95.00$92.001:2Aug 28-$1.39$1.61
$82.00$80.001:2Sep 11-$0.95$1.05
$80.00$79.001:2Aug 14-$0.06$0.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 50 found (best yield 4.26%, avg 1.56%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$92.00Sep 4$3.900.540.5%4.26%4.71%119
$93.00Sep 11$3.700.471.5%4.04%5.58%7--
$92.00Aug 28$3.500.520.5%3.82%4.27%2547
$93.00Sep 4$3.400.501.5%3.71%5.25%--62
$93.00Aug 28$3.050.481.5%3.33%4.87%8841
$92.00Aug 21$2.830.510.5%3.09%3.54%25258
$92.50Aug 21$2.640.481.0%2.88%3.88%281.6K
$94.00Aug 28$2.590.432.6%2.83%5.46%--10
$95.00Sep 4$2.590.423.7%2.83%6.55%212
$93.00Aug 21$2.470.461.5%2.70%4.24%2090

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 9,665
Total Puts 9,741
Put/Call Ratio 1.01
Net Difference -76

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 83,255
Total Puts 48,390
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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