DAL - Options Database

DAL

DELTA AIR LINES INC

$82.50 +3.62%

$82.61 (+0.14%)🌙

as of 09/21 06:01 PM

(9/18 18:01) ◀

Monday, September 21, 2026 (6:01pm)

▶

◀ 9/21 18:01

Option Volume

Detail

ℹ

Current (09/21) 45,233

Calls: 35,542 (79%)

Puts: 9,691 (21%)

Prior (09/18) 47,717

Calls: 35,249 (74%)

Puts: 12,468 (26%)

Current vs Prior -5.21%

Calls: +0.83% (Calls)

Puts: -22.27% (Puts)

Prior 7-Day Total 313,800

Calls: 257,590 (82%)

Puts: 56,210 (18%)

Prior 7-Day Average 44,828

Calls: 36,798 (82%)

Puts: 8,030 (18%)

Current vs Prior 7-Day Avg +0.90%

Calls: -3.41%

Puts: +20.68%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/21) $11.51M

Calls: $10.11M (88%)

Puts: $1.39M (12%)

Prior (09/18) $5.83M

Calls: $3.51M (60%)

Puts: $2.32M (40%)

Current vs Prior +97.42%

Calls: +188.03%

Puts: -39.86%

Prior 7-Day Total $47.29M

Calls: $35.25M (75%)

Puts: $12.04M (25%)

Prior 7-Day Average $6.76M

Calls: $5.04M (75%)

Puts: $1.72M (25%)

Current vs Prior 7-Day Avg +70.31%

Calls: +100.80%

Puts: -18.97%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/21) 0.27

Prior (09/18) 0.35

Current vs Prior -22.91%

Prior 7-Day Average 0.33

Current vs Prior 7-Day Avg -16.49%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/21) 466,742

Calls: 303,547 (65%)

Puts: 163,195 (35%)

Prior (09/18) 579,223

Calls: 348,959 (60%)

Puts: 230,264 (40%)

Current vs Prior -19.42%

Prior 7-Day Total 3,617,127

Calls: 2,031,152 (56%)

Puts: 1,585,975 (44%)

Prior 7-Day Average 516,732

Calls: 290,164 (56%)

Puts: 226,567 (44%)

Current vs Prior 7-Day Avg -9.67%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)

Current 4.06% | 5.98%9.98% | 13.07%

Prior 4.75% | 6.52%1.60% | 11.78%

Current vs Prior -14.47% | -8.33%+525.40% | +10.91%

Prior 7-Day Avg 3.82% | 5.86%3.76% | 11.80%

Current vs 7-Day Avg +6.22% | +1.89%+165.48% | +10.73%

Prior 7-Day Eod 4.75% | 6.52%1.60% | 11.78%

Current vs 7-Day Eod -14.47% | -8.33%+525.40% | +10.91%

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

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 88% of dollar volume in calls ($10.11M) vs puts ($1.39M). Elevated premium activity with dollar volume up 97% vs prior. Dollar volume significantly above 7-day average (70% higher). Extreme bullish P/C ratio of 0.27 - heavy call buying (35,542 calls vs 9,691 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 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

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

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 7.3%, best 3.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$87.50	Oct 16	2.10	2.18	$2.14	3.7%	1.4K	0.34	55.6K
$81.00	Oct 9	4.40	4.60	$4.50	4.4%	121	0.61	58
$85.00	Oct 16	2.95	3.10	$3.03	5.0%	2.4K	0.42	12.3K
$77.50	Oct 16	6.85	7.20	$7.03	5.0%	28	0.72	473
$80.00	Oct 16	5.30	5.60	$5.45	5.5%	1.9K	0.62	3.4K

PUTS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$85.00	Oct 16	5.05	5.45	$5.25	7.6%	17	0.57	475
$86.00	Oct 9	5.20	5.65	$5.43	8.3%	68	0.62	1
$85.00	Oct 23	5.30	5.85	$5.57	9.9%	3	0.56	4
$83.00	Sep 25	1.54	1.70	$1.62	9.9%	102	0.54	74

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.56, cheapest $0.36)

CALLS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$86.00	Sep 25	0.32	0.39	$0.36	19.4%	5.3K	0.18	164
$85.00	Sep 25	0.49	0.58	$0.53	17.0%	1.7K	0.26	410
$84.00	Sep 25	0.77	0.87	$0.82	12.2%	825	0.35	6.5K

PUTS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$80.00	Sep 25	0.41	0.49	$0.45	17.8%	324	0.22	250
$81.00	Sep 25	0.66	0.79	$0.73	17.8%	176	0.32	182
$70.00	Oct 16	0.40	0.49	$0.45	20.0%	271	0.09	2.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 94 found (avg delta 0.74, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$66.00	Sep 25	14.85	17.25	$16.05	15.0%	5	1.00	10
$69.00	Sep 25	12.50	14.60	$13.55	15.5%	16	0.99	21
$70.00	Oct 2	11.45	13.20	$12.33	14.2%	--	0.99	51
$68.00	Sep 25	13.50	15.60	$14.55	14.4%	16	0.99	--
$74.00	Sep 25	7.55	9.65	$8.60	24.4%	1	0.99	7

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$90.00	Sep 25	7.05	9.40	$8.23	28.6%	2	1.00	32
$92.00	Sep 25	8.80	11.40	$10.10	25.7%	4	1.00	--
$89.00	Sep 25	5.90	7.60	$6.75	25.2%	--	0.96	11
$88.00	Sep 25	5.00	6.80	$5.90	30.5%	2	0.94	92
$87.00	Sep 25	4.20	6.10	$5.15	36.9%	4	0.89	24

Most actively traded options today. High liquidity = easy entry/exit. 225 active (total vol 37.0K, top 5.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$86.00	Sep 25	0.32	0.39	$0.36	19.4%	5.3K	0.18	164
$82.00	Sep 25	1.66	1.79	$1.73	7.5%	3.7K	0.58	8.8K
$85.00	Oct 16	2.95	3.10	$3.03	5.0%	2.4K	0.42	12.3K
$80.00	Oct 16	5.30	5.60	$5.45	5.5%	1.9K	0.62	3.4K
$85.00	Sep 25	0.49	0.58	$0.53	17.0%	1.7K	0.26	410

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$77.00	Sep 25	0.06	0.10	$0.08	50.0%	2.1K	0.05	1.6K
$79.00	Sep 25	0.21	0.31	$0.26	38.5%	528	0.14	294
$80.00	Oct 2	1.00	1.45	$1.23	36.6%	337	0.32	139
$81.00	Oct 9	2.59	3.20	$2.90	21.0%	336	0.40	15
$80.00	Sep 25	0.41	0.49	$0.45	17.8%	324	0.22	250

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 1 strikes (avg 11.4%, max 11.4%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$84.00	Sep 25	Oct 30	41.1%	36.9%	11.4%	945	6.5K

PUTS (0)

No puts found

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 143 found (best R:R 1.42, avg 3.07)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$72.50	$74.00	Oct 16	$0.62	$0.88	$0.62	86%	1.42	$73.12
$77.00	$78.00	Oct 9	$0.20	$0.80	$0.20	77%	4.00	$77.20
$76.00	$77.00	Oct 2	$0.38	$0.62	$0.38	89%	1.63	$76.38
$76.00	$77.00	Oct 9	$0.30	$0.70	$0.30	81%	2.33	$76.30
$79.00	$80.00	Sep 25	$0.39	$0.61	$0.39	86%	1.56	$79.39

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$89.00	$88.00	Oct 30	$0.35	$0.65	$0.35	68%	1.86	$88.65
$85.00	$84.00	Oct 16	$0.25	$0.75	$0.25	57%	3.00	$84.75
$86.00	$85.00	Oct 30	$0.32	$0.68	$0.32	57%	2.12	$85.68
$82.00	$81.00	Oct 9	$0.21	$0.79	$0.21	44%	3.76	$81.79
$86.00	$85.00	Oct 16	$0.40	$0.60	$0.40	61%	1.50	$85.60

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 105 found (best R:R 0.67, avg 0.50)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$83.00	$84.00	Oct 30	$0.90	$0.90	$0.10	46%	9.00	$83.90
$86.00	$88.00	Oct 30	$0.99	$0.99	$1.01	55%	0.98	$86.99
$92.50	$95.00	Oct 16	$0.53	$0.53	$1.97	80%	0.27	$93.03
$88.00	$89.00	Oct 9	$0.42	$0.42	$0.58	69%	0.72	$88.42
$88.00	$89.00	Oct 23	$0.45	$0.45	$0.55	66%	0.82	$88.45

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$67.00	$66.00	Sep 25	$0.40	$0.40	$0.60	93%	0.67	$66.60
$77.00	$75.00	Oct 23	$0.67	$0.67	$1.33	72%	0.50	$76.33
$82.00	$81.00	Oct 16	$0.65	$0.65	$0.35	54%	1.86	$81.35
$81.00	$80.00	Oct 9	$0.55	$0.55	$0.45	60%	1.22	$80.45
$75.00	$74.00	Oct 9	$0.32	$0.32	$0.68	82%	0.47	$74.68

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $1.09, cheapest $0.82)

CALLS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$82.00	Sep 25	Oct 2	$0.82	40.5%	38.0%
$81.00	Sep 25	Oct 2	$0.78	40.6%	38.9%
$84.00	Sep 25	Oct 2	$0.82	41.1%	39.7%
$83.00	Sep 25	Oct 2	$0.88	40.4%	39.8%

PUTS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$81.00	Sep 25	Oct 2	$0.77	40.6%	38.9%
$83.00	Sep 25	Oct 2	$0.76	40.4%	39.8%
$84.00	Sep 25	Oct 9	$1.93	41.1%	48.3%
$82.00	Sep 25	Oct 9	$2.00	40.5%	48.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 71 found (cheapest 3.41% of stock, avg 9.04%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$83.00	Sep 25	$1.19	$1.62	$2.81	$80.19	$85.81	3.41%
$82.00	Sep 25	$1.73	$1.11	$2.84	$79.16	$84.84	3.44%
$84.00	Sep 25	$0.82	$2.22	$3.04	$80.96	$87.04	3.68%
$81.00	Sep 25	$2.37	$0.73	$3.10	$77.90	$84.10	3.76%
$85.00	Sep 25	$0.53	$2.90	$3.43	$81.57	$88.43	4.16%
$80.00	Sep 25	$3.10	$0.45	$3.55	$76.45	$83.55	4.30%
$79.00	Sep 25	$3.49	$0.26	$3.75	$75.25	$82.75	4.55%
$83.00	Oct 2	$2.07	$2.38	$4.45	$78.55	$87.45	5.39%
$81.00	Oct 2	$3.15	$1.50	$4.65	$76.35	$85.65	5.64%
$86.00	Sep 25	$0.36	$4.40	$4.76	$81.24	$90.76	5.77%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.44% of stock, avg 5.52%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$87.00	$78.00	Sep 25	$0.22	$0.14	$0.36	$77.64	$87.36
$87.00	$79.00	Sep 25	$0.22	$0.26	$0.48	$78.52	$87.48
$86.00	$78.00	Sep 25	$0.36	$0.14	$0.50	$77.50	$86.50
$86.00	$79.00	Sep 25	$0.36	$0.26	$0.62	$78.38	$86.62
$87.00	$80.00	Sep 25	$0.22	$0.45	$0.67	$79.33	$87.67
$85.00	$78.00	Sep 25	$0.53	$0.14	$0.67	$77.33	$85.67
$86.00	$80.00	Sep 25	$0.36	$0.45	$0.81	$79.19	$86.81
$85.00	$79.00	Sep 25	$0.53	$0.26	$0.79	$78.21	$85.79
$85.00	$80.00	Sep 25	$0.53	$0.45	$0.98	$79.02	$85.98
$87.00	$81.00	Sep 25	$0.22	$0.73	$0.95	$80.05	$87.95

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 196 found (best R:R 1.00, avg credit $0.53)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
66/67	87/88	Sep 25	$0.50	$0.50	81%	1.00	$66.50	$87.50
66/67	86/87	Sep 25	$0.54	$0.46	75%	1.17	$66.46	$86.54
66/67	85/86	Sep 25	$0.57	$0.43	67%	1.33	$66.43	$85.57
74/75	88/89	Oct 9	$0.74	$0.26	50%	2.85	$74.26	$88.74
66/67	88/89	Oct 23	$0.65	$0.35	59%	1.86	$66.35	$88.65
78/79	89/90	Oct 30	$0.87	$0.13	32%	6.69	$78.13	$89.87
77/78	89/90	Oct 16	$0.76	$0.24	43%	3.17	$76.74	$89.76
76/77	88/89	Oct 9	$0.72	$0.28	45%	2.57	$76.28	$88.72
78/79	89/90	Oct 16	$0.80	$0.20	37%	4.00	$78.20	$89.80
70/71	88/89	Oct 9	$0.55	$0.45	61%	1.22	$70.45	$88.55

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 74 found (best R:R 49.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$83.00	$84.00	$85.00	Sep 25	$0.08	$0.92	20%	11.50
$81.00	$82.00	$83.00	Sep 25	$0.10	$0.90	22%	9.00
$80.00	$81.00	$82.00	Sep 25	$0.09	$0.91	20%	10.11
$83.00	$84.00	$85.00	Oct 9	$0.05	$0.95	9%	19.00
$87.00	$88.00	$89.00	Sep 25	$0.05	$0.95	8%	19.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$90.00	$92.50	$95.00	Oct 16	$0.05	$2.45	12%	49.00
$82.00	$83.00	$84.00	Sep 25	$0.09	$0.91	22%	10.11
$83.00	$84.00	$85.00	Sep 25	$0.08	$0.92	21%	11.50
$80.00	$81.00	$82.00	Sep 25	$0.10	$0.90	21%	9.00
$79.00	$80.00	$81.00	Sep 25	$0.09	$0.91	17%	10.11

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 85 found (best net $-0.04, 81 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$69.00	$78.00	1:2	Oct 23	-$0.04	$8.96
$91.00	$95.00	1:2	Oct 30	-$0.22	$3.78
$91.00	$94.00	1:2	Oct 9	-$0.03	$2.97
$92.50	$95.00	1:2	Oct 16	-$0.12	$2.38
$92.00	$95.00	1:2	Oct 23	-$0.25	$2.75

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$88.00	$85.00	1:2	Oct 2	-$1.44	$1.56
$85.00	$83.00	1:2	Oct 2	-$0.88	$1.12
$83.00	$81.00	1:2	Oct 2	-$0.62	$1.38
$80.00	$79.00	1:2	Sep 25	-$0.07	$0.93
$81.00	$80.00	1:2	Sep 25	-$0.17	$0.83

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 61 found (best yield 4.18%, avg 1.95%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$85.00	Oct 30	$3.45	0.47	3.0%	4.18%	7.21%	11	10
$88.00	Oct 30	$2.38	0.37	6.7%	2.88%	9.55%	2	17
$85.00	Oct 23	$3.20	0.44	3.0%	3.88%	6.91%	22	14
$86.00	Oct 30	$2.66	0.45	4.2%	3.22%	7.47%	610	92
$84.00	Oct 23	$3.50	0.48	1.8%	4.24%	6.06%	2	2
$86.00	Oct 23	$2.76	0.41	4.2%	3.35%	7.59%	24	6
$89.00	Oct 30	$1.96	0.34	7.9%	2.38%	10.25%	62	1
$90.00	Oct 30	$1.81	0.31	9.1%	2.19%	11.28%	62	17
$88.00	Oct 23	$2.20	0.34	6.7%	2.67%	9.33%	59	101
$82.50	Oct 16	$4.00	0.52	0.0%	4.85%	4.85%	433	1.5K

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 35,542

Total Puts 9,691

Put/Call Ratio 0.27

Net Difference 25,851

Prior's Put/Call Breakdown

Total Calls 35,249

Total Puts 12,468

Put/Call Ratio 0.35

Net Difference 22,781

Prior 7-Day Put/Call Summary

Total Calls 257,590

Total Puts 56,210

Average Put/Call Ratio 0.33

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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