Tour v325
DAL
DELTA AIR LINES INC
$86.19 -1.37%
7/13 18:01

Option Volume

Detail
Current (07/13) 28,811
Calls: 12,625 (44%)
Puts: 16,186 (56%)
Prior (07/10) 60,715
Calls: 29,239 (48%)
Puts: 31,476 (52%)
Current vs Prior -52.55%
Calls: -56.82% (Calls)
Puts: -48.58% (Puts)
Prior 7-Day Total 292,954
Calls: 173,170 (59%)
Puts: 119,784 (41%)
Prior 7-Day Average 41,850
Calls: 24,738 (59%)
Puts: 17,112 (41%)
Current vs Prior 7-Day Avg -31.16%
Calls: -48.97%
Puts: -5.41%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/13) $6.91M
Calls: $3.58M (52%)
Puts: $3.33M (48%)
Prior (07/10) $9.92M
Calls: $5.69M (57%)
Puts: $4.23M (43%)
Current vs Prior -30.32%
Calls: -37.08%
Puts: -21.20%
Prior 7-Day Total $71.34M
Calls: $48.03M (67%)
Puts: $23.31M (33%)
Prior 7-Day Average $10.19M
Calls: $6.86M (67%)
Puts: $3.33M (33%)
Current vs Prior 7-Day Avg -32.15%
Calls: -47.78%
Puts: +0.03%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/13) 1.28
Prior (07/10) 1.08
Current vs Prior +19.09%
Prior 7-Day Average 0.87
Current vs Prior 7-Day Avg +47.76%
Sentiment BEARISH

Open Interest

Detail
Current (07/13) 409,267
Calls: 194,104 (47%)
Puts: 215,163 (53%)
Prior (07/10) 455,428
Calls: 221,462 (49%)
Puts: 233,966 (51%)
Current vs Prior -10.14%
Prior 7-Day Total 2,861,091
Calls: 1,358,937 (47%)
Puts: 1,502,154 (53%)
Prior 7-Day Average 408,727
Calls: 194,133 (47%)
Puts: 214,593 (53%)
Current vs Prior 7-Day Avg +0.13%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 4.50% | 6.31%4.50% | 11.78%
Prior 4.73% | 6.85%4.73% | 11.94%
Current vs Prior -4.75% | -7.92%-4.74% | -1.33%
Prior 7-Day Avg 5.76% | 7.78%7.22% | 13.30%
Current vs 7-Day Avg -21.82% | -18.84%-37.66% | -11.45%
Prior 7-Day Eod 4.73% | 6.85%4.73% | 11.94%
Current vs 7-Day Eod -4.75% | -7.92%-4.74% | -1.33%
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 22.89% | 7.63%
Calls: 15.28% | 6.71%
Puts: 30.52% | 8.55%
Current vs 7-Day Avg +104.42% | +30.56%
Liquidity Expensive
+
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🤖 AI Insights

Below-average activity with volume down 53% vs prior. Bearish P/C ratio of 1.28 indicates protective positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
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 36 of results (avg 7.5%, best 3.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$87.50Aug 214.004.15$4.083.7%640.48344
$85.00Aug 215.155.35$5.253.8%230.57467
$90.00Aug 212.923.05$2.994.3%1.3K0.403.3K
$92.50Aug 212.122.22$2.174.6%1060.321.6K
$95.00Aug 211.521.61$1.575.7%2120.25875
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Aug 213.603.75$3.684.1%60.43469
$87.50Aug 214.805.00$4.904.1%4280.521.5K
$80.00Aug 211.831.91$1.874.3%2000.26536
$92.50Aug 217.758.25$8.006.2%10.681.0K
$85.00Jul 312.372.56$2.477.7%1.3K0.4185

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.79, cheapest $0.55)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 210.730.79$0.767.9%1890.141.3K
$88.00Jul 170.881.03$0.9615.6%5080.35386
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$83.00Jul 170.500.60$0.5518.2%3370.22353
$75.00Aug 210.800.95$0.8817.0%2930.142.7K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 103 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Jul 2415.4517.30$16.3811.3%--1.0023
$72.00Jul 1712.8516.30$14.5823.7%61.00--
$73.00Jul 1712.0014.05$13.0315.7%50.9913
$75.00Jul 179.7512.80$11.2827.0%730.993.3K
$72.50Jul 1712.7514.45$13.6012.5%110.991.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$94.00Jul 176.859.05$7.9527.7%--1.00463
$95.00Jul 178.1010.60$9.3526.7%31.00248
$97.50Jul 1710.4513.10$11.7722.5%--1.0038
$100.00Jul 1712.9515.60$14.2718.6%--1.0028
$93.00Jul 176.008.25$7.1331.6%10.94179

Most actively traded options today. High liquidity = easy entry/exit. 206 active (total vol 20.8K, top 3.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Jul 170.360.48$0.4228.6%1.9K0.193.5K
$90.00Aug 212.923.05$2.994.3%1.3K0.403.3K
$95.00Jul 170.040.06$0.0540.0%7530.032.6K
$89.00Jul 170.600.74$0.6720.9%6650.27533
$87.00Jul 171.271.43$1.3511.9%5350.44231
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Jul 240.010.15$0.08175.0%3.0K0.03103
$85.00Jul 312.372.56$2.477.7%1.3K0.4185
$80.00Jul 240.510.65$0.5824.1%1.2K0.16305
$85.00Jul 171.061.22$1.1414.0%6810.371.5K
$87.50Aug 214.805.00$4.904.1%4280.521.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 66 strikes (avg 30.4%, max 126.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$70.00Jul 17Aug 21107.2%47.3%126.4%6744
$103.00Jul 17Aug 797.8%48.7%100.7%1652
$72.50Jul 17Aug 2177.7%43.5%78.7%131.3K
$96.00Jul 17Aug 757.7%38.4%50.3%65506
$100.00Jul 17Aug 2159.0%39.7%48.5%2584.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$70.00Jul 17Aug 21107.2%47.3%126.4%1184.5K
$72.50Jul 17Aug 2177.7%43.5%78.7%1321.8K
$100.00Jul 17Aug 2159.0%39.7%48.5%--223
$97.50Jul 17Aug 2155.1%39.1%40.7%--193
$76.00Jul 17Aug 1463.5%46.0%38.1%130174

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 137 found (best R:R 26.27, avg 3.12)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$100.00$103.00Aug 7$0.11$2.89$0.1126.27$100.11
$99.00$100.00Jul 24$0.10$0.90$0.109.00$99.10
$95.00$96.00Jul 24$0.11$0.89$0.118.09$95.11
$97.50$100.00Aug 21$0.29$2.21$0.297.62$97.79
$83.00$84.00Jul 24$0.12$0.88$0.127.33$83.12
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$72.50$70.00Aug 21$0.11$2.39$0.1121.73$72.39
$75.00$70.00Aug 7$0.24$4.76$0.2419.83$74.76
$73.00$70.00Jul 31$0.24$2.76$0.2411.50$72.76
$78.00$75.00Aug 7$0.28$2.72$0.289.71$77.72
$78.00$77.00Aug 14$0.10$0.90$0.109.00$77.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 169 found (best R:R 24.00, avg 1.66)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$70.00$78.00Jul 24$7.68$7.68$0.3224.00$77.68
$75.00$78.00Jul 31$2.78$2.78$0.2212.64$77.78
$80.00$82.00Jul 17$1.85$1.85$0.1512.33$81.85
$72.50$75.00Aug 21$2.30$2.30$0.2011.50$74.80
$77.50$80.00Aug 21$2.23$2.23$0.278.26$79.73
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$100.00$93.00Aug 7$6.70$6.70$0.3022.33$93.30
$95.00$93.00Jul 24$1.72$1.72$0.286.14$93.28
$100.00$97.50Aug 21$2.08$2.08$0.424.95$97.92
$94.00$93.00Jul 17$0.82$0.82$0.184.56$93.18
$96.00$95.00Jul 24$0.80$0.80$0.204.00$95.20

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 61 found (avg debit $0.70, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$70.00Jul 17Jul 24$0.05107.2%57.2%
$100.00Jul 17Jul 24$0.0559.0%43.8%
$96.00Jul 17Jul 24$0.1157.7%41.7%
$99.00Jul 17Jul 24$0.1555.4%49.4%
$98.00Jul 24Jul 31$0.1654.5%46.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$75.00Jul 17Jul 24$0.0657.6%43.7%
$96.00Jul 24Jul 31$0.1541.7%41.0%
$78.00Jul 17Jul 24$0.1654.6%41.8%
$93.00Jul 17Jul 24$0.2547.8%41.7%
$76.00Jul 17Jul 24$0.2663.5%54.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 99 found (cheapest 3.88% of stock, avg 9.83%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$86.00Jul 17$1.82$1.52$3.34$82.66$89.343.88%
$87.00Jul 17$1.35$2.06$3.41$83.59$90.413.96%
$87.50Jul 17$1.14$2.38$3.52$83.98$91.024.08%
$85.00Jul 17$2.42$1.14$3.56$81.44$88.564.13%
$88.00Jul 17$0.96$2.64$3.60$84.40$91.604.18%
$84.00Jul 17$3.02$0.76$3.78$80.22$87.784.39%
$89.00Jul 17$0.67$3.40$4.07$84.93$93.074.72%
$83.00Jul 17$3.94$0.55$4.49$78.51$87.495.21%
$82.50Jul 17$4.25$0.43$4.68$77.82$87.185.43%
$90.00Jul 17$0.42$4.33$4.75$85.25$94.755.51%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.99% of stock, avg 4.44%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$90.00$82.50Jul 17$0.42$0.43$0.85$81.65$90.85
$90.00$83.00Jul 17$0.42$0.55$0.97$82.03$90.97
$89.00$82.50Jul 17$0.67$0.43$1.10$81.40$90.10
$90.00$84.00Jul 17$0.42$0.76$1.18$82.82$91.18
$89.00$83.00Jul 17$0.67$0.55$1.22$81.78$90.22
$88.00$82.50Jul 17$0.96$0.43$1.39$81.11$89.39
$89.00$84.00Jul 17$0.67$0.76$1.43$82.57$90.43
$88.00$83.00Jul 17$0.96$0.55$1.51$81.49$89.51
$90.00$85.00Jul 17$0.42$1.14$1.56$83.44$91.56
$87.50$82.50Jul 17$1.14$0.43$1.57$80.93$89.07

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 219 found (best R:R 29.00, avg credit $0.99)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
73/7475/78Jul 31$2.90$0.1029.00$71.10$77.90
72/7580/82Aug 21$2.38$0.1219.83$72.62$82.38
70/7278/80Aug 21$2.34$0.1614.63$70.16$79.84
73/7478/80Jul 24$1.80$0.209.00$72.20$79.80
77/7882/83Aug 14$0.90$0.109.00$77.10$82.90
75/7685/86Jul 24$0.89$0.118.09$75.11$85.89
78/7983/84Aug 7$0.89$0.118.09$78.11$83.89
78/7985/86Aug 7$0.89$0.118.09$78.11$85.89
80/8184/85Aug 7$0.89$0.118.09$80.11$84.89
73/7480/82Jul 31$1.77$0.237.70$72.23$81.77

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 96 found (best R:R 30.25, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$85.00$87.50$90.00Aug 21$0.08$2.4230.25
$92.50$95.00$97.50Aug 21$0.08$2.4230.25
$72.00$75.00$78.00Jul 31$0.12$2.8824.00
$88.00$89.00$90.00Jul 24$0.05$0.9519.00
$77.50$80.00$82.50Aug 21$0.13$2.3718.23
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$95.00$97.50$100.00Jul 17$0.08$2.4230.25
$72.50$75.00$77.50Aug 21$0.13$2.3718.23
$80.00$81.00$82.00Aug 7$0.06$0.9415.67
$80.00$82.50$85.00Aug 21$0.15$2.3515.67
$70.00$72.50$75.00Aug 21$0.17$2.3313.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 104 found (best net $-1.02, 100 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$70.00$78.001:2Jul 24-$1.02$6.98
$100.00$103.001:2Aug 7-$0.34$2.66
$97.50$100.001:2Aug 21-$0.47$2.03
$100.00$102.001:2Jul 17$0.00$2.00
$95.00$97.501:2Aug 21-$0.53$1.97
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$100.00$93.001:2Aug 7-$0.70$6.30
$75.00$70.001:2Aug 7-$0.05$4.95
$75.00$70.001:2Aug 14-$0.59$4.41
$78.00$75.001:2Aug 7-$0.25$2.75
$75.00$72.501:2Aug 21-$0.32$2.18

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 59 found (best yield 4.64%, avg 1.41%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$87.50Aug 21$4.000.481.5%4.64%6.16%64344
$87.00Aug 14$3.500.500.9%4.06%5.00%1856
$87.00Aug 7$3.100.490.9%3.60%4.54%1335
$90.00Aug 21$2.920.404.4%3.39%7.81%1.3K3.3K
$88.00Aug 7$2.710.452.1%3.14%5.24%2714
$89.00Aug 14$2.700.423.3%3.13%6.39%112
$87.00Jul 31$2.660.480.9%3.09%4.03%734
$88.00Aug 14$2.640.462.1%3.06%5.16%313
$89.00Aug 7$2.360.413.3%2.74%6.00%118
$90.00Aug 14$2.310.394.4%2.68%7.10%223

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 12,625
Total Puts 16,186
Put/Call Ratio 1.28
Net Difference -3,561

Prior's Put/Call Breakdown

Total Calls 29,239
Total Puts 31,476
Put/Call Ratio 1.08
Net Difference -2,237

Prior 7-Day Put/Call Summary

Total Calls 173,170
Total Puts 119,784
Average Put/Call Ratio 0.87
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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