Tour v303
DAL
DELTA AIR LINES INC
$87.29 -1.51%
$87.15 (-0.16%)🌙
as of 07/08 06:01 PM
7/8 18:01

Option Volume

Detail
Current (07/08) 59,543
Calls: 41,018 (69%)
Puts: 18,525 (31%)
Prior (07/07) 19,872
Calls: 10,611 (53%)
Puts: 9,261 (47%)
Current vs Prior +199.63%
Calls: +286.56% (Calls)
Puts: +100.03% (Puts)
Prior 7-Day Total 181,176
Calls: 104,961 (58%)
Puts: 76,215 (42%)
Prior 7-Day Average 25,882
Calls: 14,994 (58%)
Puts: 10,887 (42%)
Current vs Prior 7-Day Avg +130.05%
Calls: +173.55%
Puts: +70.14%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/08) $18.37M
Calls: $13.66M (74%)
Puts: $4.71M (26%)
Prior (07/07) $6.24M
Calls: $3.96M (63%)
Puts: $2.28M (37%)
Current vs Prior +194.58%
Calls: +245.11%
Puts: +106.79%
Prior 7-Day Total $56.59M
Calls: $40.20M (71%)
Puts: $16.40M (29%)
Prior 7-Day Average $8.08M
Calls: $5.74M (71%)
Puts: $2.34M (29%)
Current vs Prior 7-Day Avg +127.24%
Calls: +137.89%
Puts: +101.13%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/08) 0.45
Prior (07/07) 0.87
Current vs Prior -48.25%
Prior 7-Day Average 1.00
Current vs Prior 7-Day Avg -54.68%
Sentiment BULLISH

Open Interest

Detail
Current (07/08) 403,904
Calls: 191,190 (47%)
Puts: 212,714 (53%)
Prior (07/07) 396,086
Calls: 187,520 (47%)
Puts: 208,566 (53%)
Current vs Prior +1.97%
Prior 7-Day Total 2,757,849
Calls: 1,302,909 (47%)
Puts: 1,454,940 (53%)
Prior 7-Day Average 393,978
Calls: 186,129 (47%)
Puts: 207,848 (53%)
Current vs Prior 7-Day Avg +2.52%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 7.00% | 7.92%7.92% | 13.84%
Prior 6.76% | 8.16%8.16% | 13.77%
Current vs Prior +3.57% | -2.96%-2.96% | +0.54%
Prior 7-Day Avg 5.03% | 8.41%8.31% | 13.80%
Current vs 7-Day Avg +39.25% | -5.87%-4.75% | +0.30%
Prior 7-Day Eod 6.76% | 8.16%-- | --
Current vs 7-Day Eod +3.57% | -2.96%-- | --
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 18.91% | 7.24%
Calls: 10.56% | 6.01%
Puts: 27.27% | 8.47%
Prior 18.91% | 7.24%
Calls: 10.56% | 6.01%
Puts: 27.27% | 8.47%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 19.89% | 8.87%
Calls: 12.90% | 7.46%
Puts: 26.89% | 10.29%
Current vs 7-Day Avg -4.93% | -18.39%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 74% call dollar volume ($13.66M). Massive premium surge with dollar volume up 195% vs prior. Dollar volume significantly above 7-day average (127% higher). Unusually high activity with volume up 200% vs prior - elevated interest.

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 NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
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 56 of results (avg 7.8%, best 3.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Aug 216.606.85$6.733.7%740.60403
$90.00Aug 214.204.40$4.304.7%1250.45227
$87.00Jul 314.404.65$4.535.5%290.5412
$92.50Aug 213.253.45$3.356.0%260.38786
$80.00Aug 219.7010.30$10.006.0%50.73154
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Aug 219.8010.20$10.004.0%500.68472
$82.50Aug 213.153.30$3.224.7%9240.331.8K
$103.00Jul 1015.6016.45$16.025.3%50.985
$87.50Aug 215.205.50$5.355.6%690.48921
$89.00Jul 174.204.45$4.335.8%290.571.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 8 found (avg $0.59, cheapest $0.31)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Jul 170.290.33$0.3112.9%2.3K0.08736
$96.00Jul 100.330.40$0.3718.9%770.11215
$94.00Jul 100.560.65$0.6114.8%460.17328
$92.00Jul 100.911.00$0.969.4%2290.25895
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$79.00Jul 100.330.39$0.3616.7%1650.10346
$80.00Jul 100.470.55$0.5115.7%2080.14397
$75.00Jul 310.680.82$0.7518.7%890.1240
$82.00Jul 100.750.90$0.8318.1%1230.21167

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 135 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Jul 1016.4017.70$17.057.6%1161.0032
$71.00Jul 1015.4016.70$16.058.1%1041.0036
$73.00Jul 1012.8514.75$13.8013.8%321.007
$74.00Jul 1011.6013.70$12.6516.6%321.009
$70.00Jul 1716.4018.05$17.239.6%4801.001.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$103.00Jul 1015.6016.45$16.025.3%50.985
$102.00Jul 1014.2516.95$15.6017.3%20.971
$100.00Jul 1012.6013.45$13.026.5%90.962
$101.00Jul 1013.6015.95$14.7715.9%40.953
$98.00Jul 1010.3013.05$11.6823.5%100.9414

Most actively traded options today. High liquidity = easy entry/exit. 291 active (total vol 45.2K, top 5.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$93.00Jul 171.151.38$1.2618.3%5.8K0.26223
$91.00Jul 171.701.93$1.8212.6%5.8K0.34138
$101.00Jul 100.000.32$0.16200.0%5.7K0.055.8K
$99.00Jul 100.110.18$0.1450.0%5.7K0.055.8K
$100.00Jul 170.290.33$0.3112.9%2.3K0.08736
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Jul 170.851.05$0.9521.1%1.2K0.192.5K
$85.00Jul 172.232.38$2.306.5%1.2K0.38952
$82.50Aug 213.153.30$3.224.7%9240.331.8K
$73.00Jul 100.000.10$0.05200.0%8370.0293
$85.00Jul 101.691.99$1.8416.3%5440.361.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 73 strikes (avg 119.3%, max 198.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$72.00Jul 10Jul 31162.6%57.8%181.3%1625
$70.00Jul 10Aug 21138.1%50.8%171.9%12168
$101.00Jul 10Aug 14121.6%44.9%170.8%5.7K5.8K
$89.00Jul 10Aug 7107.3%41.7%157.3%182243
$104.00Jul 10Aug 14117.2%46.5%152.1%317177
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$72.00Jul 10Jul 24162.6%54.4%198.7%91463
$70.00Jul 10Aug 21138.1%50.8%171.9%140673
$87.00Jul 10Aug 7107.2%40.8%162.7%508293
$75.00Jul 10Aug 21120.4%47.8%151.6%6671.4K
$85.00Jul 10Aug 21111.0%44.4%149.9%7921.8K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 179 found (best R:R 19.00, avg 2.77)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$100.00$102.00Jul 17$0.14$1.86$0.1413.29$100.14
$97.50$99.00Jul 17$0.11$1.39$0.1112.64$97.61
$101.00$102.00Jul 10$0.10$0.90$0.109.00$101.10
$94.00$95.00Jul 17$0.11$0.89$0.118.09$94.11
$94.00$95.00Jul 31$0.11$0.89$0.118.09$94.11
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$72.00$70.00Jul 17$0.10$1.90$0.1019.00$71.90
$72.50$70.00Aug 21$0.16$2.34$0.1614.62$72.34
$79.00$78.00Aug 7$0.10$0.90$0.109.00$78.90
$76.00$75.00Jul 24$0.11$0.89$0.118.09$75.89
$82.00$81.00Aug 7$0.11$0.89$0.118.09$81.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 227 found (best R:R 37.46, avg 1.60)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$70.00$75.00Aug 21$4.87$4.87$0.1337.46$74.87
$70.00$75.00Jul 24$4.57$4.57$0.4310.63$74.57
$78.00$79.00Aug 7$0.88$0.88$0.127.33$78.88
$75.00$78.00Jul 24$2.60$2.60$0.406.50$77.60
$76.00$77.50Jul 17$1.28$1.28$0.225.82$77.28
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$99.00$94.00Aug 7$4.67$4.67$0.3314.15$94.33
$86.00$85.00Aug 7$0.90$0.90$0.109.00$85.10
$86.00$85.00Aug 14$0.89$0.89$0.118.09$85.11
$97.50$95.00Aug 21$2.20$2.20$0.307.33$95.30
$95.00$94.00Jul 17$0.86$0.86$0.146.14$94.14

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 67 found (avg debit $0.61, cheapest $0.08)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$102.00Jul 10Jul 17$0.11106.4%59.5%
$70.00Jul 10Jul 17$0.18138.1%76.3%
$72.00Jul 10Jul 31$0.20162.6%57.8%
$100.00Jul 10Jul 17$0.20106.1%61.5%
$83.00Jul 10Jul 17$0.23110.2%64.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$70.00Jul 10Jul 17$0.08138.1%76.3%
$93.00Jul 10Jul 17$0.10106.5%60.9%
$74.00Jul 10Jul 17$0.15125.1%69.8%
$73.00Jul 10Jul 17$0.16118.4%71.3%
$75.00Jul 10Jul 17$0.18120.4%68.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 132 found (cheapest 6.22% of stock, avg 11.71%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$87.00Jul 10$2.78$2.65$5.43$81.57$92.436.22%
$86.00Jul 10$3.38$2.17$5.55$80.45$91.556.36%
$88.00Jul 10$2.31$3.33$5.64$82.36$93.646.46%
$89.00Jul 10$1.90$3.78$5.68$83.32$94.686.51%
$85.00Jul 10$3.93$1.84$5.77$79.23$90.776.61%
$90.00Jul 10$1.50$4.50$6.00$84.00$96.006.87%
$84.00Jul 10$4.58$1.44$6.02$77.98$90.026.90%
$83.00Jul 10$5.20$1.14$6.34$76.66$89.347.26%
$91.00Jul 10$1.23$5.30$6.53$84.47$97.537.48%
$88.00Jul 17$2.93$3.72$6.65$81.35$94.657.62%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 2.41% of stock, avg 6.67%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$92.00$83.00Jul 10$0.96$1.14$2.10$80.90$94.10
$91.00$83.00Jul 10$1.23$1.14$2.37$80.63$93.37
$92.00$84.00Jul 10$0.96$1.44$2.40$81.60$94.40
$90.00$83.00Jul 10$1.50$1.14$2.64$80.36$92.64
$91.00$84.00Jul 10$1.23$1.44$2.67$81.33$93.67
$92.00$85.00Jul 10$0.96$1.84$2.80$82.20$94.80
$90.00$84.00Jul 10$1.50$1.44$2.94$81.06$92.94
$89.00$83.00Jul 10$1.90$1.14$3.04$79.96$92.04
$91.00$85.00Jul 10$1.23$1.84$3.07$81.93$94.07
$92.00$86.00Jul 10$0.96$2.17$3.13$82.87$95.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 233 found (best R:R 29.00, avg credit $1.18)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
72/7375/78Jul 24$2.90$0.1029.00$70.10$77.90
72/7580/82Aug 21$2.39$0.1121.73$72.61$82.39
72/7378/80Jul 24$1.90$0.1019.00$71.10$79.90
80/8283/85Aug 14$1.84$0.1611.50$80.16$84.84
76/7778/80Jul 24$1.82$0.1810.11$75.18$79.82
90/9295/98Aug 21$2.27$0.239.87$90.23$97.27
86/8890/92Aug 14$1.81$0.199.53$86.19$91.81
77/7880/81Jul 17$0.90$0.109.00$76.60$80.90
90/9293/95Aug 14$1.79$0.218.52$90.21$94.79
82/8588/90Aug 21$2.23$0.278.26$82.77$89.73

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 110 found (best R:R 26.78, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$97.00$98.00$99.00Jul 10$0.05$0.9519.00
$79.00$80.00$81.00Jul 17$0.05$0.9519.00
$82.50$85.00$87.50Aug 21$0.14$2.3616.86
$87.00$88.00$89.00Jul 10$0.06$0.9415.67
$90.00$91.00$92.00Jul 24$0.06$0.9415.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$72.50$75.00$77.50Aug 21$0.09$2.4126.78
$86.00$88.00$90.00Aug 14$0.10$1.9019.00
$82.50$85.00$87.50Aug 21$0.13$2.3718.23
$90.00$92.50$95.00Aug 21$0.13$2.3718.23
$78.00$79.00$80.00Jul 10$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. 98 found (best net $-0.09, 95 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$100.00$102.001:2Jul 17-$0.03$1.97
$100.00$102.001:2Jul 24-$0.50$1.50
$97.50$100.001:2Aug 21-$1.06$1.44
$95.00$97.501:2Aug 21-$1.20$1.30
$96.00$98.001:2Jul 31-$0.71$1.29
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$80.00$75.001:2Aug 14-$0.09$4.91
$78.00$75.001:2Aug 7-$0.48$2.52
$75.00$72.501:2Aug 21-$0.39$2.11
$72.00$70.001:2Jul 17-$0.02$1.98
$72.50$70.001:2Aug 21-$0.53$1.97

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 87 found (best yield 5.96%, avg 1.73%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$87.50Aug 21$5.200.520.2%5.96%6.20%36129
$88.00Aug 7$4.200.510.8%4.81%5.62%12
$90.00Aug 21$4.200.453.1%4.81%7.92%125227
$88.00Jul 31$3.950.500.8%4.53%5.34%--95
$89.00Jul 31$3.450.472.0%3.95%5.91%45
$90.00Aug 14$3.450.443.1%3.95%7.06%319
$90.00Aug 7$3.300.443.1%3.78%6.89%24
$92.50Aug 21$3.250.386.0%3.72%9.69%26786
$88.00Jul 24$3.150.480.8%3.61%4.42%713
$87.50Jul 17$3.000.500.2%3.44%3.68%27947

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 41,018
Total Puts 18,525
Put/Call Ratio 0.45
Net Difference 22,493

Prior's Put/Call Breakdown

Total Calls 10,611
Total Puts 9,261
Put/Call Ratio 0.87
Net Difference 1,350

Prior 7-Day Put/Call Summary

Total Calls 104,961
Total Puts 76,215
Average Put/Call Ratio 1.00
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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Chart Title

Price — Past 7 Days

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