Tour v528
DAL
DELTA AIR LINES INC
$79.43 +2.00%
$79.49 (+0.08%)🌙
as of 09/17 06:01 PM
9/17 18:01

Option Volume

Detail
Current (09/17) 22,142
Calls: 15,555 (70%)
Puts: 6,587 (30%)
Prior (09/16) 28,026
Calls: 21,746 (78%)
Puts: 6,280 (22%)
Current vs Prior -20.99%
Calls: -28.47% (Calls)
Puts: +4.89% (Puts)
Prior 7-Day Total 267,985
Calls: 220,118 (82%)
Puts: 47,867 (18%)
Prior 7-Day Average 38,283
Calls: 31,445 (82%)
Puts: 6,838 (18%)
Current vs Prior 7-Day Avg -42.16%
Calls: -50.53%
Puts: -3.67%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/17) $5.23M
Calls: $3.68M (70%)
Puts: $1.55M (30%)
Prior (09/16) $5.80M
Calls: $4.28M (74%)
Puts: $1.52M (26%)
Current vs Prior -9.74%
Calls: -13.96%
Puts: +2.13%
Prior 7-Day Total $42.47M
Calls: $31.10M (73%)
Puts: $11.38M (27%)
Prior 7-Day Average $6.07M
Calls: $4.44M (73%)
Puts: $1.63M (27%)
Current vs Prior 7-Day Avg -13.75%
Calls: -17.20%
Puts: -4.33%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/17) 0.42
Prior (09/16) 0.29
Current vs Prior +46.63%
Prior 7-Day Average 0.45
Current vs Prior 7-Day Avg -5.46%
Sentiment BULLISH

Open Interest

Detail
Current (09/17) 575,938
Calls: 345,785 (60%)
Puts: 230,153 (40%)
Prior (09/16) 567,853
Calls: 337,539 (59%)
Puts: 230,314 (41%)
Current vs Prior +1.42%
Prior 7-Day Total 3,325,861
Calls: 1,764,036 (53%)
Puts: 1,561,825 (47%)
Prior 7-Day Average 475,123
Calls: 252,005 (53%)
Puts: 223,117 (47%)
Current vs Prior 7-Day Avg +21.22%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 2.44% | 4.88%2.44% | 11.22%
Prior 3.27% | 6.28%3.27% | 12.30%
Current vs Prior -25.42% | -22.21%-25.42% | -8.82%
Prior 7-Day Avg 3.71% | 5.83%4.78% | 11.92%
Current vs 7-Day Avg -34.17% | -16.26%-48.89% | -5.91%
Prior 7-Day Eod 3.27% | 6.28%3.27% | 12.30%
Current vs 7-Day Eod -25.42% | -22.21%-25.42% | -8.82%
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 70% call dollar volume ($3.68M). Extreme bullish P/C ratio of 0.42 - heavy call buying (15,555 calls vs 6,587 puts). P/C ratio rising 47% - increased hedging/bearish positioning. Call-heavy open interest (345,785 calls vs 230,153 puts) suggests bullish 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 22 of results (avg 6.8%, best 2.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Sep 1814.2514.55$14.402.1%21.00588
$85.00Oct 161.851.91$1.883.2%9870.3112.1K
$80.00Oct 163.603.80$3.705.4%1.2K0.502.8K
$87.50Oct 161.231.32$1.277.1%1.0K0.2355.0K
$77.50Oct 164.705.05$4.887.2%250.60434
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Oct 161.881.95$1.923.6%940.301.3K
$80.00Oct 163.954.10$4.033.7%1.3K0.501.5K
$90.00Sep 1810.4010.80$10.603.8%80.99924
$77.50Oct 162.803.00$2.906.9%300.40599
$85.00Sep 185.355.80$5.578.1%370.974.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.56, cheapest $0.06)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.50Sep 180.050.06$0.0616.7%2240.064.4K
$90.00Oct 160.790.90$0.8512.9%1330.172.4K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Oct 160.700.82$0.7615.8%990.142.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 93 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Sep 1814.2514.55$14.402.1%21.00588
$67.50Sep 1811.3512.25$11.807.6%41.00638
$70.00Sep 188.159.80$8.9818.4%331.002.0K
$72.50Sep 186.557.50$7.0313.5%121.003.6K
$65.00Sep 2513.5016.20$14.8518.2%--1.0028
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$88.00Sep 187.959.10$8.5313.5%30.992
$87.50Sep 187.408.75$8.0716.7%30.99580
$95.00Sep 1814.6516.60$15.6312.5%70.993
$90.00Sep 1810.4010.80$10.603.8%80.99924
$92.50Sep 1812.6513.75$13.208.3%270.9827

Most actively traded options today. High liquidity = easy entry/exit. 199 active (total vol 18.4K, top 1.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.00Sep 250.670.93$0.8032.5%1.9K0.29110
$80.00Sep 180.390.50$0.4524.4%1.7K0.379.1K
$80.00Oct 163.603.80$3.705.4%1.2K0.502.8K
$87.50Oct 161.231.32$1.277.1%1.0K0.2355.0K
$85.00Oct 161.851.91$1.883.2%9870.3112.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Oct 163.954.10$4.033.7%1.3K0.501.5K
$80.00Sep 180.941.12$1.0317.5%6180.633.6K
$75.00Sep 180.010.06$0.03166.7%3940.0415.8K
$79.00Sep 180.430.58$0.5129.4%3000.40347
$74.00Sep 250.140.27$0.2161.9%2910.10224

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 6.1%, max 9.5%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$79.00Sep 18Oct 2343.1%39.4%9.5%1816.0K
$78.00Sep 18Oct 2342.8%41.0%4.4%27397
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$79.00Sep 18Oct 3043.1%40.5%6.3%304348
$78.00Sep 18Oct 3042.8%41.0%4.2%1661.2K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 117 found (best R:R 1.70, avg 3.02)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$77.00$78.00Sep 25$0.18$0.82$0.1872%4.56$77.18
$80.00$82.00Oct 23$0.50$1.50$0.5049%3.00$80.50
$75.00$76.00Oct 2$0.55$0.45$0.5578%0.82$75.55
$82.00$85.00Oct 30$0.91$2.09$0.9143%2.30$82.91
$77.50$80.00Oct 16$1.18$1.32$1.1860%1.12$78.68
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$85.00$84.00Sep 18$0.37$0.63$0.3797%1.70$84.63
$85.00$83.00Oct 2$1.00$1.00$1.0081%1.00$84.00
$89.00$88.00Sep 25$0.45$0.55$0.4595%1.22$88.55
$84.00$82.00Oct 9$0.95$1.05$0.9569%1.11$83.05
$80.00$79.00Oct 9$0.21$0.79$0.2153%3.76$79.79

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 87 found (best R:R 1.99, avg 0.42)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$93.00$94.00Sep 18$0.26$0.26$0.7492%0.35$93.26
$84.00$85.00Oct 9$0.46$0.46$0.5470%0.85$84.46
$91.00$92.00Oct 9$0.23$0.23$0.7788%0.30$91.23
$90.00$91.00Oct 30$0.32$0.32$0.6878%0.47$90.32
$82.00$83.00Sep 25$0.34$0.34$0.6671%0.52$82.34
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$77.00$75.00Oct 23$1.33$1.33$0.6760%1.99$75.67
$69.00$67.50Sep 18$0.54$0.54$0.9689%0.56$68.46
$74.00$73.00Oct 9$0.45$0.45$0.5574%0.82$73.55
$75.00$71.00Oct 23$1.09$1.09$2.9169%0.37$73.91
$75.00$73.00Oct 30$0.78$0.78$1.2267%0.64$74.22

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.97, cheapest $0.96)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$79.00Sep 18Sep 25$1.0043.1%35.4%
$80.00Sep 18Sep 25$1.0044.1%37.1%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$79.00Sep 18Sep 25$0.9643.1%35.4%
$80.00Sep 18Sep 25$0.9444.1%37.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 63 found (cheapest 1.79% of stock, avg 7.37%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$79.00Sep 18$0.91$0.51$1.42$77.58$80.421.79%
$80.00Sep 18$0.45$1.03$1.48$78.52$81.481.86%
$78.00Sep 18$1.58$0.20$1.78$76.22$79.782.24%
$81.00Sep 18$0.17$1.79$1.96$79.04$82.962.47%
$77.50Sep 18$2.02$0.11$2.13$75.37$79.632.68%
$77.00Sep 18$2.45$0.06$2.51$74.49$79.513.16%
$82.00Sep 18$0.08$2.65$2.73$79.27$84.733.44%
$82.50Sep 18$0.06$3.25$3.31$79.19$85.814.17%
$79.00Sep 25$1.91$1.47$3.38$75.62$82.384.26%
$80.00Sep 25$1.45$1.97$3.42$76.58$83.424.31%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 0.18% of stock, avg 4.39%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$82.00$77.00Sep 18$0.08$0.06$0.14$76.86$82.14
$82.00$77.50Sep 18$0.08$0.11$0.19$77.31$82.19
$81.00$77.00Sep 18$0.17$0.06$0.23$76.77$81.23
$81.00$77.50Sep 18$0.17$0.11$0.28$77.22$81.28
$82.00$78.00Sep 18$0.08$0.20$0.28$77.72$82.28
$91.00$77.00Sep 18$0.28$0.06$0.34$76.66$91.34
$81.00$78.00Sep 18$0.17$0.20$0.37$77.63$81.37
$91.00$77.50Sep 18$0.28$0.11$0.39$77.11$91.39
$91.00$78.00Sep 18$0.28$0.20$0.48$77.52$91.48
$84.00$75.00Sep 25$0.34$0.28$0.62$74.38$84.62

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 139 found (best R:R 2.66, avg credit $0.61)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
68/6992/92Sep 18$1.09$0.4176%2.66$67.91$93.09
70/7192/92Sep 18$0.76$0.2480%3.17$70.24$92.76
68/6993/94Sep 18$0.80$0.7081%1.14$68.20$93.80
70/7193/94Sep 18$0.47$0.5385%0.89$70.53$93.47
73/7491/92Oct 9$0.68$0.3262%2.12$73.32$91.68
71/7284/85Oct 9$0.71$0.2952%2.45$71.29$84.71
74/7584/85Oct 9$0.83$0.1739%4.88$74.17$84.83
73/7487/88Oct 9$0.68$0.3254%2.12$73.32$87.68
73/7486/87Oct 9$0.69$0.3150%2.23$73.31$86.69
71/7291/92Oct 9$0.48$0.5270%0.92$71.52$91.48

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 81 found (best R:R 30.25, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$77.50$80.00$82.50Oct 16$0.08$2.4220%30.25
$82.50$85.00$87.50Oct 16$0.11$2.3917%21.73
$82.00$85.00$88.00Oct 30$0.18$2.8217%15.67
$79.00$80.00$81.00Sep 18$0.18$0.8242%4.56
$87.50$90.00$92.50Oct 16$0.10$2.4012%24.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$75.00$77.50$80.00Oct 16$0.15$2.3520%15.67
$80.00$81.00$82.00Sep 18$0.10$0.9028%9.00
$78.00$79.00$80.00Sep 18$0.21$0.7943%3.76
$79.00$80.00$81.00Sep 25$0.05$0.9519%19.00
$76.00$77.00$78.00Sep 25$0.06$0.9417%15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 122 found (best net $-0.38, 112 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$70.00$75.001:2Oct 2-$1.65$3.35
$70.00$75.001:2Oct 9-$1.77$3.23
$69.00$73.001:2Sep 25-$2.11$1.89
$78.00$79.001:2Sep 18-$0.24$0.76
$91.00$95.001:2Oct 30-$0.06$3.94
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$87.00$80.001:2Oct 30-$0.38$6.62
$75.00$71.001:2Oct 23-$0.02$3.98
$81.00$80.001:2Sep 18-$0.27$0.73
$72.00$70.001:2Oct 2-$0.02$1.98
$75.00$72.501:2Oct 16-$0.48$2.02

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 55 found (best yield 5.16%, avg 1.43%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$80.00Oct 30$4.100.500.7%5.16%5.88%--123
$82.00Oct 30$3.250.433.2%4.09%7.33%11
$85.00Oct 30$2.040.347.0%2.57%9.58%98
$80.00Oct 16$3.600.500.7%4.53%5.25%1.2K2.8K
$82.00Oct 23$2.800.423.2%3.53%6.76%--16
$85.00Oct 23$2.010.337.0%2.53%9.54%29
$88.00Oct 30$1.480.2710.8%1.86%12.65%--17
$82.50Oct 16$2.500.403.9%3.15%7.01%311.3K
$85.00Oct 16$1.850.317.0%2.33%9.34%98712.1K
$86.00Oct 23$1.530.308.3%1.93%10.20%15

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 15,555
Total Puts 6,587
Put/Call Ratio 0.42
Net Difference 8,968

Prior's Put/Call Breakdown

Total Calls 21,746
Total Puts 6,280
Put/Call Ratio 0.29
Net Difference 15,466

Prior 7-Day Put/Call Summary

Total Calls 220,118
Total Puts 47,867
Average Put/Call Ratio 0.45
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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