Tour v492
DAL
DELTA AIR LINES INC
$91.98 -1.25%
$91.95 (-0.03%)🌙
as of 08/06 06:10 PM
8/6 18:10

Option Volume

Detail
Current (08/06) 17,778
Calls: 10,821 (61%)
Puts: 6,957 (39%)
Prior (08/05) 54,969
Calls: 46,803 (85%)
Puts: 8,166 (15%)
Current vs Prior -67.66%
Calls: -76.88% (Calls)
Puts: -14.81% (Puts)
Prior 7-Day Total 160,264
Calls: 116,242 (73%)
Puts: 44,022 (27%)
Prior 7-Day Average 22,894
Calls: 16,606 (73%)
Puts: 6,288 (27%)
Current vs Prior 7-Day Avg -22.35%
Calls: -34.84%
Puts: +10.62%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/06) $3.81M
Calls: $2.33M (61%)
Puts: $1.48M (39%)
Prior (08/05) $4.79M
Calls: $3.17M (66%)
Puts: $1.62M (34%)
Current vs Prior -20.33%
Calls: -26.43%
Puts: -8.42%
Prior 7-Day Total $27.39M
Calls: $19.74M (72%)
Puts: $7.65M (28%)
Prior 7-Day Average $3.91M
Calls: $2.82M (72%)
Puts: $1.09M (28%)
Current vs Prior 7-Day Avg -2.50%
Calls: -17.37%
Puts: +35.88%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/06) 0.64
Prior (08/05) 0.17
Current vs Prior +268.48%
Prior 7-Day Average 0.64
Current vs Prior 7-Day Avg +1.07%
Sentiment BULLISH

Open Interest

Detail
Current (08/06) 176,079
Calls: 99,209 (56%)
Puts: 76,870 (44%)
Prior (08/05) 237,934
Calls: 131,967 (55%)
Puts: 105,967 (45%)
Current vs Prior -26.00%
Prior 7-Day Total 2,179,533
Calls: 1,076,138 (49%)
Puts: 1,103,395 (51%)
Prior 7-Day Average 311,361
Calls: 153,734 (49%)
Puts: 157,627 (51%)
Current vs Prior 7-Day Avg -43.45%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 2.41% | 4.44%6.10% | 11.20%
Prior 3.06% | 5.25%6.51% | 11.60%
Current vs Prior -21.12% | -15.51%-6.26% | -3.43%
Prior 7-Day Avg 3.74% | 5.91%7.65% | 12.87%
Current vs 7-Day Avg -35.49% | -24.95%-20.24% | -13.02%
Prior 7-Day Eod 3.06% | 5.25%6.51% | 11.60%
Current vs 7-Day Eod -21.12% | -15.51%-6.26% | -3.43%
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 61% call dollar volume ($2.33M). Below-average activity with volume down 68% vs prior. Bullish P/C ratio of 0.64. P/C ratio rising 268% - increased hedging/bearish positioning.

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 BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
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 6 of results (avg 8.2%, best 6.8%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$87.50Sep 187.157.75$7.458.1%220.691.3K
$90.00Sep 185.656.15$5.908.5%120.618.7K
$95.00Sep 183.203.50$3.359.0%830.431.6K
$85.00Aug 217.358.10$7.739.7%510.881.0K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Sep 185.706.10$5.906.8%800.571.2K
$90.00Sep 183.253.50$3.387.4%1200.401.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.95, cheapest $0.95)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Sep 180.891.00$0.9511.6%190.171.2K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 68 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$76.00Aug 714.4017.55$15.9819.7%131.0019
$81.00Aug 710.4513.10$11.7722.5%41.0030
$82.00Aug 79.5012.10$10.8024.1%20.9917
$74.00Aug 717.6519.55$18.6010.2%10.99--
$75.00Aug 716.7518.55$17.6510.2%140.99103
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Aug 72.453.20$2.8326.5%241.0030
$98.00Aug 74.806.60$5.7031.6%11.00--
$99.00Aug 75.857.15$6.5020.0%41.00--
$100.00Aug 76.909.05$7.9826.9%31.00--
$102.00Aug 77.9011.15$9.5334.1%81.00--

Most actively traded options today. High liquidity = easy entry/exit. 199 active (total vol 14.1K, top 4.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$98.00Aug 70.000.01$0.01100.0%4.4K0.0111.9K
$90.00Aug 213.504.30$3.9020.5%7960.652.6K
$95.00Aug 70.050.14$0.1090.0%6000.101.4K
$95.00Aug 140.491.60$1.05105.7%4420.32173
$96.00Aug 70.020.26$0.14171.4%3240.10796
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$74.00Aug 70.000.05$0.03166.7%3600.01165
$87.00Aug 210.291.16$0.73119.2%3210.20374
$86.00Aug 210.410.62$0.5240.4%3190.1541
$89.00Aug 140.410.74$0.5757.9%2430.2263
$87.50Sep 182.312.66$2.4914.1%2300.311.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 51 strikes (avg 110.8%, max 337.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$75.00Aug 7Sep 18176.8%40.4%337.5%15103
$101.00Aug 7Aug 28135.3%35.1%284.9%434
$80.00Aug 7Sep 18127.2%38.3%231.8%292.7K
$85.00Aug 7Aug 28100.1%35.8%179.5%42165
$82.00Aug 7Sep 495.6%34.5%176.9%317
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$75.00Aug 7Sep 18176.8%40.4%337.5%15412.8K
$77.00Aug 7Sep 11156.6%36.5%328.8%150163
$79.00Aug 7Sep 11153.3%36.5%320.4%24--
$78.00Aug 7Sep 11142.7%35.1%306.0%70260
$101.00Aug 7Aug 28135.3%35.1%284.9%111

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 87 found (best R:R 20.74, avg 3.49)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$100.00$105.00Aug 21$0.23$4.77$0.2320.74$100.23
$94.00$95.00Aug 7$0.10$0.90$0.109.00$94.10
$105.00$110.00Sep 18$0.53$4.47$0.538.43$105.53
$103.00$110.00Sep 11$0.75$6.25$0.758.33$103.75
$96.00$97.00Aug 7$0.12$0.88$0.127.33$96.12
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$81.00$79.00Aug 28$0.14$1.86$0.1413.29$80.86
$82.00$78.00Sep 4$0.28$3.72$0.2813.29$81.72
$77.50$75.00Sep 18$0.19$2.31$0.1912.16$77.31
$80.00$77.50Sep 18$0.27$2.23$0.278.26$79.73
$92.00$91.00Aug 14$0.11$0.89$0.118.09$91.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 111 found (best R:R 28.41, avg 1.69)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$75.00$80.00Sep 18$4.83$4.83$0.1728.41$79.83
$85.00$89.00Aug 28$3.47$3.47$0.536.55$88.47
$76.00$80.00Aug 7$3.40$3.40$0.605.67$79.40
$89.00$90.00Aug 14$0.85$0.85$0.155.67$89.85
$80.00$87.50Sep 18$6.30$6.30$1.205.25$86.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$98.00$95.00Aug 7$2.87$2.87$0.1322.08$95.13
$95.00$94.00Aug 7$0.88$0.88$0.127.33$94.12
$99.00$98.00Aug 7$0.80$0.80$0.204.00$98.20
$93.00$92.00Aug 14$0.80$0.80$0.204.00$92.20
$95.00$94.00Aug 21$0.78$0.78$0.223.55$94.22

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 46 found (avg debit $0.68, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$84.00Aug 7Sep 4$0.0981.9%35.7%
$80.00Aug 7Aug 14$0.17127.2%42.5%
$110.00Sep 11Sep 18$0.1735.2%35.8%
$100.00Aug 7Aug 14$0.2268.7%40.1%
$98.00Aug 7Aug 14$0.3049.2%35.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$85.00Aug 7Aug 14$0.06100.1%38.1%
$83.00Aug 7Aug 14$0.0891.4%42.5%
$84.00Aug 7Aug 14$0.0881.9%38.6%
$76.00Aug 14Sep 4$0.1151.4%37.6%
$77.00Aug 7Sep 4$0.12156.6%37.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 61 found (cheapest 1.64% of stock, avg 8.25%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$92.00Aug 7$0.85$0.66$1.51$90.49$93.511.64%
$93.00Aug 7$0.41$1.27$1.68$91.32$94.681.83%
$91.00Aug 7$1.56$0.31$1.87$89.13$92.872.03%
$94.00Aug 7$0.20$1.95$2.15$91.85$96.152.34%
$90.00Aug 7$2.31$0.11$2.42$87.58$92.422.63%
$95.00Aug 7$0.10$2.83$2.93$92.07$97.933.19%
$92.00Aug 14$1.88$1.48$3.36$88.64$95.363.65%
$89.00Aug 7$3.40$0.03$3.43$85.57$92.433.73%
$91.00Aug 14$2.60$1.37$3.97$87.03$94.974.32%
$90.00Aug 14$3.03$0.95$3.98$86.02$93.984.33%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 140 found (cheapest 0.22% of stock, avg 3.07%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$95.00$85.00Aug 7$0.10$0.10$0.20$84.80$95.20
$95.00$90.00Aug 7$0.10$0.11$0.21$89.79$95.21
$96.00$85.00Aug 7$0.14$0.10$0.24$84.76$96.24
$96.00$90.00Aug 7$0.14$0.11$0.25$89.75$96.25
$94.00$85.00Aug 7$0.20$0.10$0.30$84.70$94.30
$94.00$90.00Aug 7$0.20$0.11$0.31$89.69$94.31
$101.00$85.00Aug 7$0.27$0.10$0.37$84.63$101.37
$101.00$90.00Aug 7$0.27$0.11$0.38$89.62$101.38
$95.00$91.00Aug 7$0.10$0.31$0.41$90.59$95.41
$96.00$91.00Aug 7$0.14$0.31$0.45$90.55$96.45

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 179 found (best R:R 11.12, avg credit $1.25)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
82/8385/89Aug 28$3.67$0.3311.12$79.33$88.67
82/8288/89Aug 21$1.36$0.149.71$81.14$88.86
79/8185/89Aug 28$3.61$0.399.26$77.39$88.61
84/8588/89Aug 21$1.35$0.159.00$83.65$88.85
85/8688/89Aug 21$1.35$0.159.00$84.65$88.85
84/8590/91Aug 28$0.90$0.109.00$84.10$90.90
92/9598/100Sep 18$2.24$0.268.62$92.76$99.74
75/7880/88Sep 18$6.49$1.016.43$71.01$86.49
82/8285/88Aug 21$2.13$0.375.76$80.37$87.13
86/8791/92Aug 14$0.85$0.155.67$86.15$91.85

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 55 found (best R:R 30.25, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$88.00$89.00$90.00Aug 14$0.05$0.9519.00
$93.00$94.00$95.00Aug 21$0.06$0.9415.67
$94.00$95.00$96.00Aug 21$0.06$0.9415.67
$100.00$105.00$110.00Sep 18$0.35$4.6513.29
$87.00$88.00$89.00Aug 14$0.10$0.909.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$75.00$77.50$80.00Sep 18$0.08$2.4230.25
$77.50$80.00$82.50Sep 18$0.13$2.3718.23
$87.50$90.00$92.50Sep 18$0.13$2.3718.23
$83.00$84.00$85.00Aug 14$0.06$0.9415.67
$83.00$84.00$85.00Aug 21$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. 103 found (best net $-1.15, 83 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$80.00$87.501:2Sep 18-$1.15$6.35
$100.00$105.001:2Sep 18-$0.07$4.93
$90.00$95.001:2Sep 18-$0.80$4.20
$98.00$101.001:2Aug 28-$0.09$2.91
$85.00$89.001:2Aug 28-$1.76$2.24
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$80.00$76.001:2Aug 14$0.00$4.00
$79.00$75.001:2Aug 28-$0.06$3.94
$77.50$75.001:2Aug 21$0.00$2.50
$77.50$75.001:2Sep 18-$0.15$2.35
$80.00$77.501:2Sep 18-$0.26$2.24

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 36 found (best yield 3.86%, avg 1.25%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$92.00Sep 4$3.550.540.0%3.86%3.88%1518
$95.00Sep 18$3.200.433.3%3.48%6.76%831.6K
$93.00Aug 28$2.620.481.1%2.85%3.96%79108
$92.00Aug 21$2.400.520.0%2.61%2.63%55250
$97.50Sep 18$2.380.356.0%2.59%8.59%90600
$95.00Sep 4$2.270.413.3%2.47%5.75%1--
$92.50Aug 21$2.200.490.6%2.39%2.96%41.6K
$93.00Aug 21$1.980.461.1%2.15%3.26%2--
$92.00Aug 14$1.780.540.0%1.94%1.96%37331
$95.00Aug 28$1.780.393.3%1.94%5.22%1--

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 10,821
Total Puts 6,957
Put/Call Ratio 0.64
Net Difference 3,864

Prior's Put/Call Breakdown

Total Calls 46,803
Total Puts 8,166
Put/Call Ratio 0.17
Net Difference 38,637

Prior 7-Day Put/Call Summary

Total Calls 116,242
Total Puts 44,022
Average Put/Call Ratio 0.64
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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