Tour v490
DAL
DELTA AIR LINES INC
$92.77 +1.29%
$92.83 (+0.06%)🌙
as of 08/04 06:14 PM
8/4 18:14

Option Volume

Detail
Current (08/04) 11,909
Calls: 5,295 (44%)
Puts: 6,614 (56%)
Prior (08/03) 19,406
Calls: 9,665 (50%)
Puts: 9,741 (50%)
Current vs Prior -38.63%
Calls: -45.21% (Calls)
Puts: -32.10% (Puts)
Prior 7-Day Total 130,605
Calls: 83,464 (64%)
Puts: 47,141 (36%)
Prior 7-Day Average 18,657
Calls: 11,923 (64%)
Puts: 6,734 (36%)
Current vs Prior 7-Day Avg -36.17%
Calls: -55.59%
Puts: -1.79%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/04) $3.25M
Calls: $2.37M (73%)
Puts: $881.6K (27%)
Prior (08/03) $4.36M
Calls: $3.39M (78%)
Puts: $974.8K (22%)
Current vs Prior -25.57%
Calls: -30.18%
Puts: -9.56%
Prior 7-Day Total $26.91M
Calls: $18.90M (70%)
Puts: $8.00M (30%)
Prior 7-Day Average $3.84M
Calls: $2.70M (70%)
Puts: $1.14M (30%)
Current vs Prior 7-Day Avg -15.50%
Calls: -12.38%
Puts: -22.86%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/04) 1.25
Prior (08/03) 1.01
Current vs Prior +23.94%
Prior 7-Day Average 0.70
Current vs Prior 7-Day Avg +78.98%
Sentiment BEARISH

Open Interest

Detail
Current (08/04) 208,883
Calls: 119,886 (57%)
Puts: 88,997 (43%)
Prior (08/03) 377,732
Calls: 176,091 (47%)
Puts: 201,641 (53%)
Current vs Prior -44.70%
Prior 7-Day Total 2,319,287
Calls: 1,117,811 (48%)
Puts: 1,201,476 (52%)
Prior 7-Day Average 331,326
Calls: 159,687 (48%)
Puts: 171,639 (52%)
Current vs Prior 7-Day Avg -36.96%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 3.67% | 5.78%6.81% | 12.37%
Prior 4.07% | 6.05%7.27% | 12.73%
Current vs Prior -10.01% | -4.48%-6.31% | -2.80%
Prior 7-Day Avg 4.13% | 6.24%8.29% | 13.32%
Current vs 7-Day Avg -11.32% | -7.36%-17.80% | -7.08%
Prior 7-Day Eod 4.07% | 6.05%7.27% | 12.73%
Current vs 7-Day Eod -10.01% | -4.48%-6.31% | -2.80%
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

Moderately bullish flow with 73% call dollar volume ($2.37M). Bearish P/C ratio of 1.25 indicates protective positioning. Declining open interest (down 45%) indicates positions being closed.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
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 25 of results (avg 7.8%, best 4.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.50Sep 1811.8512.35$12.104.1%20.823.0K
$80.00Aug 2112.9013.65$13.285.6%20.94231
$95.00Sep 184.104.35$4.225.9%1170.471.5K
$77.50Sep 1816.0517.05$16.556.0%50.911.1K
$95.00Aug 212.102.25$2.176.9%2150.401.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$92.50Sep 184.504.70$4.604.3%720.46394
$90.00Sep 183.353.55$3.455.8%920.381.1K
$87.50Sep 182.472.67$2.577.8%810.301.4K
$95.00Aug 143.403.70$3.558.5%30.632
$90.00Aug 211.691.85$1.779.0%130.34321

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.86, cheapest $0.75)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 210.760.87$0.8213.4%2090.202.1K
$94.00Aug 70.891.00$0.9511.6%1190.38360
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.00Aug 280.670.82$0.7520.0%190.15181
$87.00Aug 210.841.01$0.9318.3%840.21337

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 70 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Aug 2117.3018.95$18.139.1%101.00100
$76.00Aug 715.1018.25$16.6818.9%61.009
$77.00Aug 715.3017.30$16.3012.3%80.995
$75.00Aug 716.6019.15$17.8814.3%10.9992
$78.00Aug 714.5016.20$15.3511.1%40.998
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$97.00Aug 73.804.65$4.2220.1%80.86--
$95.00Aug 72.322.96$2.6424.2%180.72--
$96.00Aug 213.405.90$4.6553.8%80.64--
$95.00Aug 143.403.70$3.558.5%30.632
$94.00Aug 71.702.35$2.0332.0%330.6210

Most actively traded options today. High liquidity = easy entry/exit. 218 active (total vol 9.4K, top 1.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$88.00Aug 214.606.50$5.5534.2%5330.791.2K
$93.00Aug 71.111.60$1.3636.0%3980.496.5K
$90.00Aug 214.605.05$4.829.3%3540.662.6K
$93.00Aug 212.433.45$2.9434.7%2750.50107
$94.00Aug 212.492.89$2.6914.9%2590.46159
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$87.50Aug 210.941.10$1.0215.7%1.3K0.231.9K
$90.00Aug 70.320.63$0.4864.6%1500.22122
$82.00Aug 70.000.08$0.04200.0%1490.022.4K
$80.00Sep 180.690.95$0.8231.7%1480.122.6K
$78.00Aug 70.000.05$0.03166.7%1430.0150

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 41.6%, max 145.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$75.00Aug 7Sep 18102.2%41.6%145.8%92.0K
$80.00Aug 7Sep 1882.0%39.1%109.7%222.7K
$105.00Aug 7Sep 1879.2%38.8%104.3%1731.2K
$85.00Aug 7Sep 1862.8%38.8%61.8%552.7K
$82.00Aug 7Aug 1467.7%42.6%59.0%4538
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$75.00Aug 7Sep 18102.2%41.6%145.8%5012.7K
$79.00Aug 7Sep 1192.7%39.5%134.9%136189
$77.00Aug 7Sep 1185.3%38.1%123.7%56123
$80.00Aug 7Sep 1882.0%39.1%109.7%2573.2K
$78.00Aug 7Sep 485.2%47.2%80.6%14750

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 106 found (best R:R 21.73, avg 3.30)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$105.00$110.00Aug 21$0.22$4.78$0.2221.73$105.22
$105.00$110.00Sep 4$0.39$4.61$0.3911.82$105.39
$100.00$105.00Aug 21$0.54$4.46$0.548.26$100.54
$96.00$97.00Aug 7$0.12$0.88$0.127.33$96.12
$105.00$110.00Sep 18$0.69$4.31$0.696.25$105.69
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$84.00$82.00Aug 28$0.15$1.85$0.1512.33$83.85
$80.00$77.50Sep 18$0.19$2.31$0.1912.16$79.81
$87.00$86.00Aug 14$0.10$0.90$0.109.00$86.90
$77.50$75.00Sep 18$0.25$2.25$0.259.00$77.25
$87.00$86.00Aug 21$0.12$0.88$0.127.33$86.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 131 found (best R:R 32.33, avg 1.69)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$75.00$80.00Aug 21$4.85$4.85$0.1532.33$79.85
$80.00$82.50Sep 18$2.38$2.38$0.1219.83$82.38
$75.00$77.50Sep 18$2.28$2.28$0.2210.36$77.28
$80.00$84.00Aug 21$3.63$3.63$0.379.81$83.63
$88.00$89.00Aug 14$0.90$0.90$0.109.00$88.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$97.00$95.00Aug 7$1.58$1.58$0.423.76$95.42
$89.00$88.00Aug 21$0.70$0.70$0.302.33$88.30
$95.00$94.00Aug 7$0.61$0.61$0.391.56$94.39
$95.00$94.00Aug 21$0.61$0.61$0.391.56$94.39
$93.00$92.00Aug 28$0.61$0.61$0.391.56$92.39

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 49 found (avg debit $0.62, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$105.00Aug 7Aug 21$0.1679.2%40.0%
$100.00Aug 7Aug 14$0.1948.2%34.9%
$80.00Aug 7Aug 21$0.2082.0%43.3%
$83.00Aug 7Aug 14$0.2257.8%41.0%
$75.00Aug 7Aug 21$0.25102.2%50.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$78.00Aug 7Aug 14$0.0585.2%54.4%
$82.00Aug 7Aug 14$0.0667.7%42.6%
$76.00Aug 14Aug 28$0.0659.8%43.3%
$75.00Aug 7Aug 14$0.07102.2%67.2%
$80.00Aug 7Aug 14$0.0982.0%52.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 66 found (cheapest 3.07% of stock, avg 9.25%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$92.00Aug 7$1.88$0.97$2.85$89.15$94.853.07%
$93.00Aug 7$1.36$1.52$2.88$90.12$95.883.10%
$94.00Aug 7$0.95$2.03$2.98$91.02$96.983.21%
$91.00Aug 7$2.63$0.64$3.27$87.73$94.273.52%
$95.00Aug 7$0.64$2.64$3.28$91.72$98.283.54%
$90.00Aug 7$3.40$0.48$3.88$86.12$93.884.18%
$97.00Aug 7$0.27$4.22$4.49$92.51$101.494.84%
$92.00Aug 14$2.85$1.92$4.77$87.23$96.775.14%
$89.00Aug 7$4.40$0.40$4.80$84.20$93.805.17%
$94.00Aug 14$1.86$2.96$4.82$89.18$98.825.20%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.47% of stock, avg 4.25%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$97.00$88.00Aug 7$0.27$0.17$0.44$87.56$97.44
$96.00$88.00Aug 7$0.39$0.17$0.56$87.44$96.56
$97.00$89.00Aug 7$0.27$0.40$0.67$88.33$97.67
$97.00$90.00Aug 7$0.27$0.48$0.75$89.25$97.75
$96.00$89.00Aug 7$0.39$0.40$0.79$88.21$96.79
$95.00$88.00Aug 7$0.64$0.17$0.81$87.19$95.81
$96.00$90.00Aug 7$0.39$0.48$0.87$89.13$96.87
$97.00$91.00Aug 7$0.27$0.64$0.91$90.09$97.91
$96.00$91.00Aug 7$0.39$0.64$1.03$89.97$97.03
$95.00$89.00Aug 7$0.64$0.40$1.04$87.96$96.04

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 164 found (best R:R 13.81, avg credit $1.14)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
78/7880/84Aug 21$3.73$0.2713.81$74.27$83.73
75/7882/85Sep 18$2.22$0.287.93$75.28$84.72
82/8588/90Sep 18$2.22$0.287.93$82.78$89.72
80/8298/100Sep 4$1.77$0.237.70$80.23$99.77
83/8486/88Aug 21$1.31$0.196.89$82.69$87.31
80/8288/90Sep 18$2.18$0.326.81$80.32$89.68
88/8991/92Aug 21$0.87$0.136.69$88.13$91.87
86/8799/100Aug 28$0.87$0.136.69$86.13$99.87
78/8082/85Sep 18$2.16$0.346.35$77.84$84.66
84/8598/100Sep 4$1.72$0.286.14$83.28$99.72

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 68 found (best R:R 40.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$90.00$92.50$95.00Sep 18$0.06$2.4440.67
$94.00$95.00$96.00Aug 7$0.06$0.9415.67
$100.00$105.00$110.00Aug 21$0.32$4.6814.63
$100.00$105.00$110.00Sep 4$0.41$4.5911.20
$75.00$77.50$80.00Sep 18$0.21$2.2910.90
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$78.00$79.00$80.00Sep 4$0.05$0.9519.00
$83.00$84.00$85.00Aug 7$0.06$0.9415.67
$82.50$85.00$87.50Sep 18$0.17$2.3313.71
$85.00$87.50$90.00Sep 18$0.17$2.3313.71
$86.00$87.00$88.00Aug 14$0.07$0.9313.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 98 found (best net $-0.23, 87 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$100.00$105.001:2Sep 18-$0.23$4.77
$100.00$103.001:2Aug 14-$0.88$2.12
$98.00$100.001:2Sep 4-$0.15$1.85
$98.00$100.001:2Aug 21-$0.34$1.66
$99.00$100.001:2Aug 14-$0.05$0.95
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$77.50$75.001:2Sep 18-$0.13$2.37
$82.50$80.001:2Sep 18-$0.32$2.18
$80.00$77.501:2Sep 18-$0.44$2.06
$77.00$75.001:2Aug 7-$0.04$1.96
$79.00$77.001:2Sep 11-$0.04$1.96

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 43 found (best yield 4.42%, avg 1.62%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$95.00Sep 18$4.100.472.4%4.42%6.82%1171.5K
$93.00Aug 28$3.550.520.2%3.83%4.07%1298
$97.50Sep 18$3.200.395.1%3.45%8.55%15572
$93.00Sep 4$2.870.540.2%3.09%3.34%162
$95.00Sep 4$2.840.462.4%3.06%5.47%1313
$96.00Sep 4$2.660.423.5%2.87%6.35%310
$94.00Aug 28$2.500.481.3%2.69%4.02%8--
$94.00Aug 21$2.490.461.3%2.68%4.01%259159
$93.00Aug 21$2.430.500.2%2.62%2.87%275107
$100.00Sep 18$2.380.327.8%2.57%10.36%1442.4K

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 5,295
Total Puts 6,614
Put/Call Ratio 1.25
Net Difference -1,319

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 83,464
Total Puts 47,141
Average Put/Call Ratio 0.70
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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