AAL - Options Database

AAL

AMERICAN AIRLS GROUP

$13.52 -2.45%

$13.53 (+0.05%)🌙

as of 08/20 06:01 PM

(8/19 18:01) ◀

Thursday, August 20, 2026 (6:01pm)

▶ (8/21 18:00)

◀ 8/20 18:01 ▶

Option Volume

Detail

ℹ

Current (08/20) 92,452

Calls: 40,655 (44%)

Puts: 51,797 (56%)

Prior (08/19) 67,978

Calls: 32,988 (49%)

Puts: 34,990 (51%)

Current vs Prior +36.00%

Calls: +23.24% (Calls)

Puts: +48.03% (Puts)

Prior 7-Day Total 371,130

Calls: 155,311 (42%)

Puts: 215,819 (58%)

Prior 7-Day Average 53,018

Calls: 22,187 (42%)

Puts: 30,831 (58%)

Current vs Prior 7-Day Avg +74.38%

Calls: +83.24%

Puts: +68.00%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (08/20) $5.17M

Calls: $2.40M (46%)

Puts: $2.77M (54%)

Prior (08/19) $5.00M

Calls: $2.43M (49%)

Puts: $2.57M (51%)

Current vs Prior +3.37%

Calls: -1.26%

Puts: +7.74%

Prior 7-Day Total $31.63M

Calls: $16.66M (53%)

Puts: $14.97M (47%)

Prior 7-Day Average $4.52M

Calls: $2.38M (53%)

Puts: $2.14M (47%)

Current vs Prior 7-Day Avg +14.39%

Calls: +0.64%

Puts: +29.68%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (08/20) 1.27

Prior (08/19) 1.06

Current vs Prior +20.12%

Prior 7-Day Average 1.42

Current vs Prior 7-Day Avg -10.00%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (08/20) 2,106,158

Calls: 785,332 (37%)

Puts: 1,320,826 (63%)

Prior (08/19) 2,093,576

Calls: 773,201 (37%)

Puts: 1,320,375 (63%)

Current vs Prior +0.60%

Prior 7-Day Total 14,526,073

Calls: 5,392,315 (37%)

Puts: 9,133,758 (63%)

Prior 7-Day Average 2,075,153

Calls: 770,330 (37%)

Puts: 1,304,822 (63%)

Current vs Prior 7-Day Avg +1.49%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)

Current 4.59% | 6.88%4.59% | 10.43%

Prior 4.76% | 6.57%4.76% | 10.25%

Current vs Prior -3.70% | +4.77%-3.70% | +1.79%

Prior 7-Day Avg 5.41% | 7.34%6.37% | 11.06%

Current vs 7-Day Avg -15.21% | -6.24%-28.04% | -5.71%

Prior 7-Day Eod 4.76% | 6.57%4.76% | 10.25%

Current vs 7-Day Eod -3.70% | +4.77%-3.70% | +1.79%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 12.80% | 12.69%

Calls: 14.29% | 13.95%

Puts: 11.32% | 11.43%

Prior 12.80% | 12.69%

Calls: 14.29% | 13.95%

Puts: 11.32% | 11.43%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 12.80% | 12.69%

Calls: 14.29% | 13.95%

Puts: 11.32% | 11.43%

Current vs 7-Day Avg +0.00% | +0.00%

Liquidity Expensive

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🤖 AI Insights

Bearish P/C ratio of 1.27 indicates protective positioning. Put-heavy open interest (1,320,826 puts vs 785,332 calls) suggests hedging or bearish positioning.

Smart Money BEARISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BEARISH

7-Day Avg BULLISH

Current BEARISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BEARISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads

💰 Best Value Under $1

📊 High Delta (ITM)

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⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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High Delta

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 14 of results (avg 6.9%, best 4.2%)

CALLS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$14.00	Sep 18	0.47	0.50	$0.49	6.1%	5.1K	0.42	3.6K
$14.00	Aug 28	0.15	0.16	$0.16	6.3%	1.1K	0.30	311
$12.00	Oct 2	1.75	1.88	$1.82	7.1%	5	0.84	13

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$13.50	Sep 25	0.69	0.72	$0.71	4.2%	56	0.46	309
$14.00	Sep 18	0.90	0.94	$0.92	4.3%	1.0K	0.58	13.7K
$15.00	Sep 18	1.62	1.70	$1.66	4.8%	685	0.77	15.7K
$16.00	Sep 18	2.44	2.59	$2.51	6.0%	163	0.88	7.7K
$12.00	Sep 18	0.14	0.15	$0.15	6.7%	1.0K	0.15	63.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 23 found (avg $0.41, cheapest $0.12)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$14.00	Aug 28	0.15	0.16	$0.16	6.3%	1.1K	0.30	311
$13.50	Aug 28	0.30	0.36	$0.33	18.2%	445	0.52	262
$14.00	Sep 4	0.26	0.29	$0.28	10.7%	875	0.34	826
$14.50	Sep 11	0.20	0.23	$0.22	13.6%	110	0.26	584
$16.00	Sep 18	0.09	0.10	$0.10	10.0%	346	0.12	11.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$13.00	Aug 28	0.11	0.13	$0.12	16.7%	1.8K	0.25	649
$14.00	Aug 21	0.43	0.52	$0.48	18.8%	2.0K	0.89	13.5K
$13.50	Aug 28	0.29	0.32	$0.31	9.7%	2.3K	0.48	3.0K
$12.00	Sep 11	0.07	0.08	$0.08	12.5%	109	0.11	108
$13.50	Sep 4	0.39	0.45	$0.42	14.3%	411	0.54	1.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 63 found (avg delta 0.81, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$11.50	Aug 28	1.75	3.10	$2.42	55.8%	--	1.00	14
$12.00	Aug 28	1.28	2.03	$1.65	45.5%	50	1.00	86
$12.00	Sep 4	1.50	1.74	$1.62	14.8%	13	1.00	17
$11.00	Aug 21	2.30	3.20	$2.75	32.7%	76	0.99	1.3K
$12.00	Aug 21	1.42	1.71	$1.57	18.5%	50	0.98	3.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$14.50	Aug 21	0.95	1.14	$1.05	18.1%	1.1K	1.00	7.6K
$15.00	Aug 21	1.39	1.52	$1.46	8.9%	262	1.00	9.4K
$15.50	Aug 21	1.89	2.04	$1.97	7.6%	59	1.00	1.6K
$16.00	Aug 21	2.23	2.54	$2.38	13.0%	502	1.00	6.2K
$16.00	Aug 28	2.30	2.56	$2.43	10.7%	221	0.98	239

Most actively traded options today. High liquidity = easy entry/exit. 119 active (total vol 64.8K, top 15.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$14.00	Sep 18	0.47	0.50	$0.49	6.1%	5.1K	0.42	3.6K
$14.00	Aug 21	0.01	0.03	$0.02	100.0%	4.8K	0.11	7.3K
$15.00	Sep 18	0.20	0.24	$0.22	18.2%	3.6K	0.23	13.6K
$15.00	Aug 21	0.00	0.01	$0.01	100.0%	1.3K	0.02	23.5K
$15.00	Aug 28	0.02	0.03	$0.03	33.3%	1.1K	0.07	1.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$13.00	Aug 21	0.00	0.01	$0.01	100.0%	15.4K	0.04	32.5K
$13.50	Aug 21	0.09	0.13	$0.11	36.4%	3.4K	0.47	3.0K
$13.50	Aug 28	0.29	0.32	$0.31	9.7%	2.3K	0.48	3.0K
$14.00	Aug 21	0.43	0.52	$0.48	18.8%	2.0K	0.89	13.5K
$13.00	Aug 28	0.11	0.13	$0.12	16.7%	1.8K	0.25	649

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 4.5%, max 4.5%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$13.50	Aug 21	Oct 2	44.8%	42.8%	4.5%	1.1K	771

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$13.50	Aug 21	Oct 2	44.8%	42.8%	4.5%	3.4K	3.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 48 found (best R:R 2.85, avg 2.06)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$12.00	$12.50	Aug 21	$0.13	$0.37	$0.13	98%	2.85	$12.13
$12.00	$13.50	Oct 2	$0.87	$0.63	$0.87	84%	0.72	$12.87
$12.50	$13.00	Sep 11	$0.24	$0.26	$0.24	80%	1.08	$12.74
$12.50	$13.00	Sep 4	$0.33	$0.17	$0.33	92%	0.52	$12.83
$14.00	$14.50	Sep 25	$0.13	$0.37	$0.13	44%	2.85	$14.13

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$15.50	$15.00	Sep 11	$0.28	$0.22	$0.28	88%	0.79	$15.22
$15.00	$14.50	Sep 25	$0.24	$0.26	$0.24	77%	1.08	$14.76
$14.50	$14.00	Sep 11	$0.23	$0.27	$0.23	74%	1.17	$14.27
$15.50	$15.00	Oct 2	$0.31	$0.19	$0.31	76%	0.61	$15.19
$15.00	$14.50	Oct 2	$0.31	$0.19	$0.31	73%	0.61	$14.69

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 26 found (best R:R 0.67, avg 0.48)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$14.50	$15.00	Sep 25	$0.23	$0.23	$0.27	64%	0.85	$14.73
$14.00	$14.50	Sep 4	$0.18	$0.18	$0.32	66%	0.56	$14.18
$15.50	$16.00	Sep 4	$0.10	$0.10	$0.40	85%	0.25	$15.60
$15.00	$15.50	Sep 11	$0.10	$0.10	$0.40	79%	0.25	$15.10
$14.00	$14.50	Aug 28	$0.10	$0.10	$0.40	70%	0.25	$14.10

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$12.50	$12.00	Sep 25	$0.20	$0.20	$0.30	74%	0.67	$12.30
$12.50	$12.00	Oct 2	$0.17	$0.17	$0.33	74%	0.52	$12.33
$11.50	$11.00	Oct 2	$0.11	$0.11	$0.39	86%	0.28	$11.39
$13.50	$13.00	Sep 25	$0.26	$0.26	$0.24	54%	1.08	$13.24
$13.00	$12.00	Sep 18	$0.26	$0.26	$0.74	65%	0.35	$12.74

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.20, cheapest $0.19)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$13.50	Aug 21	Aug 28	$0.19	44.8%	39.3%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$13.50	Aug 21	Aug 28	$0.20	44.8%	39.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 29 found (cheapest 1.85% of stock, avg 8.84%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$13.50	Aug 21	$0.14	$0.11	$0.25	$13.25	$13.75	1.85%
$14.00	Aug 21	$0.02	$0.48	$0.50	$13.50	$14.50	3.70%
$13.00	Aug 21	$0.58	$0.01	$0.59	$12.41	$13.59	4.36%
$13.50	Aug 28	$0.33	$0.31	$0.64	$12.86	$14.14	4.73%
$13.50	Sep 4	$0.31	$0.42	$0.73	$12.77	$14.23	5.40%
$14.00	Aug 28	$0.16	$0.60	$0.76	$13.24	$14.76	5.62%
$13.00	Aug 28	$0.73	$0.12	$0.85	$12.15	$13.85	6.29%
$14.00	Sep 4	$0.28	$0.72	$1.00	$13.00	$15.00	7.40%
$14.50	Aug 21	$0.01	$1.05	$1.06	$13.44	$15.56	7.84%
$13.00	Sep 4	$0.88	$0.20	$1.08	$11.92	$14.08	7.99%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 109 found (cheapest 0.52% of stock, avg 4.00%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$15.00	$12.50	Aug 28	$0.03	$0.04	$0.07	$12.43	$15.07
$14.50	$12.50	Aug 28	$0.06	$0.04	$0.10	$12.40	$14.60
$16.00	$12.00	Sep 11	$0.04	$0.08	$0.12	$11.88	$16.12
$16.00	$11.00	Sep 18	$0.10	$0.04	$0.14	$10.86	$16.14
$15.00	$12.00	Sep 4	$0.10	$0.05	$0.15	$11.85	$15.15
$14.50	$12.00	Sep 4	$0.10	$0.05	$0.15	$11.85	$14.65
$15.50	$12.00	Sep 11	$0.09	$0.08	$0.17	$11.83	$15.67
$15.00	$13.00	Aug 28	$0.03	$0.12	$0.15	$12.85	$15.15
$16.00	$11.00	Sep 11	$0.04	$0.14	$0.18	$10.82	$16.18
$14.00	$13.50	Aug 21	$0.02	$0.11	$0.13	$13.37	$14.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 5 found (best R:R 0.67, avg credit $0.26)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
12/13	16/16	Sep 4	$0.20	$0.30	52%	0.67	$12.80	$15.70
12/13	15/16	Sep 11	$0.23	$0.27	46%	0.85	$12.77	$15.23
12/13	14/14	Sep 4	$0.28	$0.22	34%	1.27	$12.72	$14.28
11/12	15/16	Sep 18	$0.23	$0.77	62%	0.30	$11.77	$15.23
12/13	15/16	Sep 18	$0.38	$0.62	42%	0.61	$12.62	$15.38

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 55 found (best R:R 0.85, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$11.00	$12.00	$13.00	Sep 18	$0.12	$0.88	30%	7.33
$13.50	$14.00	$14.50	Aug 21	$0.11	$0.39	51%	3.55
$13.50	$14.00	$14.50	Aug 28	$0.07	$0.43	38%	6.14
$13.00	$13.50	$14.00	Aug 21	$0.32	$0.18	85%	0.56
$14.00	$15.00	$16.00	Sep 18	$0.15	$0.85	30%	5.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$13.00	$13.50	$14.00	Aug 21	$0.27	$0.23	85%	0.85
$14.00	$15.00	$16.00	Sep 18	$0.11	$0.89	29%	8.09
$13.00	$13.50	$14.00	Aug 28	$0.10	$0.40	46%	4.00
$12.50	$13.00	$13.50	Aug 21	$0.10	$0.40	44%	4.00
$13.00	$14.00	$15.00	Sep 18	$0.23	$0.77	42%	3.35

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 52 found (best net $-0.08, 37 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$12.00	$13.50	1:2	Oct 2	-$0.08	$1.42
$11.50	$12.50	1:2	Sep 11	-$0.19	$0.81
$12.00	$13.00	1:2	Sep 18	-$0.22	$0.78
$12.00	$13.00	1:2	Sep 25	-$0.33	$0.67
$11.00	$12.00	1:2	Sep 25	-$0.77	$0.23

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$15.00	$14.00	1:2	Sep 18	-$0.18	$0.82
$14.50	$14.00	1:2	Aug 28	-$0.13	$0.37
$14.00	$13.50	1:2	Sep 4	-$0.12	$0.38
$13.50	$13.00	1:2	Sep 11	-$0.06	$0.44
$14.00	$13.50	1:2	Sep 11	-$0.21	$0.29

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 18 found (best yield 3.18%, avg 1.82%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$14.50	Oct 2	$0.43	0.38	7.2%	3.18%	10.43%	49	110
$14.00	Oct 2	$0.57	0.48	3.5%	4.22%	7.77%	14	24
$15.50	Oct 2	$0.23	0.27	14.6%	1.70%	16.35%	12	24
$14.00	Sep 25	$0.50	0.44	3.5%	3.70%	7.25%	12	24
$14.00	Sep 18	$0.47	0.42	3.5%	3.48%	7.03%	5.1K	3.6K
$14.50	Sep 25	$0.31	0.36	7.2%	2.29%	9.54%	20	26
$16.00	Oct 2	$0.12	0.21	18.3%	0.89%	19.23%	30	91
$15.00	Oct 2	$0.14	0.30	10.9%	1.04%	11.98%	10	55
$15.00	Sep 18	$0.20	0.23	10.9%	1.48%	12.43%	3.6K	13.6K
$15.00	Sep 25	$0.17	0.24	10.9%	1.26%	12.20%	168	515

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 40,655

Total Puts 51,797

Put/Call Ratio 1.27

Net Difference -11,142

Prior's Put/Call Breakdown

Total Calls 32,988

Total Puts 34,990

Put/Call Ratio 1.06

Net Difference -2,002

Prior 7-Day Put/Call Summary

Total Calls 155,311

Total Puts 215,819

Average Put/Call Ratio 1.42

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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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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