Tour v340
DAL
DELTA AIR LINES INC
$85.96 +0.53%
$85.80 (-0.19%)🌙
as of 07/15 06:07 PM
7/15 18:07

Option Volume

Detail
Current (07/15) 39,340
Calls: 33,729 (86%)
Puts: 5,611 (14%)
Prior (07/14) 14,790
Calls: 9,183 (62%)
Puts: 5,607 (38%)
Current vs Prior +165.99%
Calls: +267.30% (Calls)
Puts: +0.07% (Puts)
Prior 7-Day Total 272,043
Calls: 150,564 (55%)
Puts: 121,479 (45%)
Prior 7-Day Average 38,863
Calls: 21,509 (55%)
Puts: 17,354 (45%)
Current vs Prior 7-Day Avg +1.23%
Calls: +56.81%
Puts: -67.67%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/15) $4.28M
Calls: $3.40M (79%)
Puts: $885.8K (21%)
Prior (07/14) $3.87M
Calls: $2.90M (75%)
Puts: $977.2K (25%)
Current vs Prior +10.55%
Calls: +17.26%
Puts: -9.35%
Prior 7-Day Total $66.68M
Calls: $43.96M (66%)
Puts: $22.72M (34%)
Prior 7-Day Average $9.53M
Calls: $6.28M (66%)
Puts: $3.25M (34%)
Current vs Prior 7-Day Avg -55.06%
Calls: -45.93%
Puts: -72.71%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/15) 0.17
Prior (07/14) 0.61
Current vs Prior -72.75%
Prior 7-Day Average 0.86
Current vs Prior 7-Day Avg -80.62%
Sentiment BULLISH

Open Interest

Detail
Current (07/15) 422,879
Calls: 197,480 (47%)
Puts: 225,399 (53%)
Prior (07/14) 420,342
Calls: 196,171 (47%)
Puts: 224,171 (53%)
Current vs Prior +0.60%
Prior 7-Day Total 2,894,859
Calls: 1,378,402 (48%)
Puts: 1,516,457 (52%)
Prior 7-Day Average 413,551
Calls: 196,914 (48%)
Puts: 216,636 (52%)
Current vs Prior 7-Day Avg +2.26%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 3.73% | 5.57%3.73% | 11.07%
Prior 3.94% | 6.12%3.94% | 11.32%
Current vs Prior -5.25% | -8.89%-5.25% | -2.17%
Prior 7-Day Avg 5.57% | 7.24%6.36% | 12.80%
Current vs 7-Day Avg -32.91% | -23.01%-41.32% | -13.47%
Prior 7-Day Eod 3.94% | 6.12%3.94% | 11.32%
Current vs 7-Day Eod -5.25% | -8.89%-5.25% | -2.17%
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 30.86% | 8.41%
Calls: 24.72% | 8.11%
Puts: 37.01% | 8.70%
Current vs 7-Day Avg +51.64% | +18.49%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 79% of dollar volume in calls ($3.40M) vs puts ($885.8K). Unusually high activity with volume up 166% vs prior - elevated interest. Extreme bullish P/C ratio of 0.17 - heavy call buying (33,729 calls vs 5,611 puts). P/C ratio dropping 73% - sentiment shifting bullish.

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 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 29 of results (avg 8.4%, best 3.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Aug 214.704.90$4.804.2%890.56675
$87.50Aug 213.403.65$3.537.1%710.47398
$83.00Jul 243.854.15$4.007.5%140.7311
$82.00Jul 315.105.50$5.307.5%240.73124
$82.50Aug 215.906.40$6.158.1%30.66109
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$87.50Aug 214.654.80$4.723.2%1220.531.8K
$85.00Aug 213.403.65$3.537.1%120.44468
$91.00Aug 76.006.45$6.237.2%--0.7153
$82.50Aug 212.422.63$2.538.3%410.341.8K
$90.00Jul 244.454.85$4.658.6%70.76108

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.80, cheapest $0.56)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$91.00Jul 240.510.61$0.5617.9%5.9K0.19332
$95.00Aug 140.871.00$0.9413.8%10.1934
$93.00Aug 70.871.03$0.9516.8%780.2224
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Aug 210.690.80$0.7514.7%970.132.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 116 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Jul 1714.6017.50$16.0518.1%381.00639
$72.00Jul 1713.2514.80$14.0311.0%41.001
$72.50Jul 1712.1514.20$13.1815.6%111.001.3K
$73.00Jul 1712.2013.25$12.738.2%81.0015
$74.00Jul 1711.3013.10$12.2014.8%41.003
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Jul 1713.2515.50$14.3815.6%11.00--
$102.00Jul 1715.1017.90$16.5017.0%11.001
$103.00Jul 1716.0018.50$17.2514.5%11.00--
$95.00Jul 178.0510.20$9.1323.5%50.99193
$94.00Jul 177.259.30$8.2824.8%40.97460

Most actively traded options today. High liquidity = easy entry/exit. 225 active (total vol 35.4K, top 6.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$89.00Jul 240.871.08$0.9821.4%6.0K0.3071
$91.00Jul 240.510.61$0.5617.9%5.9K0.19332
$91.00Jul 170.050.11$0.0875.0%5.8K0.066.0K
$93.00Jul 170.010.14$0.08162.5%5.7K0.056.0K
$87.50Jul 170.490.72$0.6137.7%2.7K0.31990
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.00Jul 170.400.70$0.5554.5%6340.271.5K
$86.00Jul 312.562.91$2.7412.8%2650.49291
$80.00Jul 170.040.10$0.0785.7%2050.052.5K
$86.00Jul 171.121.58$1.3534.1%1880.51524
$79.00Jul 170.010.07$0.04150.0%1840.03244

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 67 strikes (avg 62.2%, max 141.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$70.00Jul 17Aug 28102.2%42.4%141.2%39639
$101.00Jul 17Jul 24132.7%60.0%120.9%1470
$97.50Jul 17Aug 2176.9%36.7%109.3%482.4K
$75.00Jul 17Aug 2183.0%40.1%106.8%143.4K
$100.00Jul 17Aug 2176.9%37.5%105.2%3744.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$70.00Jul 17Aug 28102.2%42.4%141.2%114.7K
$72.50Jul 17Aug 2197.4%41.4%135.1%561.7K
$73.00Jul 17Jul 3193.9%42.8%119.5%20134
$75.00Jul 17Aug 2883.0%39.9%108.0%1045.2K
$100.00Jul 17Aug 2176.9%37.5%105.2%1195

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 149 found (best R:R 13.29, avg 2.74)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$95.00$97.00Aug 14$0.17$1.83$0.1710.76$95.17
$97.50$100.00Aug 21$0.24$2.26$0.249.42$97.74
$93.00$94.00Aug 14$0.11$0.89$0.118.09$93.11
$96.00$97.00Aug 7$0.12$0.88$0.127.33$96.12
$99.00$100.00Jul 31$0.13$0.87$0.136.69$99.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$75.00$70.00Aug 14$0.35$4.65$0.3513.29$74.65
$78.00$76.00Aug 14$0.18$1.82$0.1810.11$77.82
$72.50$70.00Aug 21$0.24$2.26$0.249.42$72.26
$75.00$70.00Aug 28$0.53$4.47$0.538.43$74.47
$75.00$72.50Aug 21$0.27$2.23$0.278.26$74.73

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 188 found (best R:R 16.65, avg 1.60)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$70.00$73.00Jul 24$2.83$2.83$0.1716.65$72.83
$73.00$77.00Jul 24$3.77$3.77$0.2316.39$76.77
$78.00$80.00Jul 24$1.82$1.82$0.1810.11$79.82
$70.00$78.00Aug 28$7.25$7.25$0.759.67$77.25
$79.00$80.00Jul 31$0.88$0.88$0.127.33$79.88
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$100.00$93.00Aug 7$6.58$6.58$0.4215.67$93.42
$94.00$92.00Aug 14$1.75$1.75$0.257.00$92.25
$92.00$91.00Aug 7$0.87$0.87$0.136.69$91.13
$95.00$94.00Jul 17$0.85$0.85$0.155.67$94.15
$101.00$100.00Jul 17$0.85$0.85$0.155.67$100.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 59 found (avg debit $0.63, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$96.00Jul 17Jul 24$0.0677.4%41.2%
$77.00Jul 17Jul 24$0.0877.6%45.9%
$99.00Jul 17Jul 24$0.0872.3%48.3%
$94.00Jul 17Jul 24$0.0965.0%37.3%
$79.00Jul 31Aug 7$0.1037.0%38.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$75.00Jul 17Jul 24$0.0583.0%46.2%
$76.00Jul 17Jul 24$0.0785.2%47.2%
$90.00Jul 17Jul 24$0.0748.8%39.1%
$74.00Jul 17Jul 24$0.1192.8%57.1%
$77.00Jul 17Jul 24$0.1177.6%45.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 110 found (cheapest 3.01% of stock, avg 9.80%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$87.00Jul 17$0.73$1.86$2.59$84.41$89.593.01%
$86.00Jul 17$1.25$1.35$2.60$83.40$88.603.02%
$85.00Jul 17$1.86$0.81$2.67$82.33$87.673.11%
$87.50Jul 17$0.61$2.24$2.85$84.65$90.353.32%
$88.00Jul 17$0.45$2.59$3.04$84.96$91.043.54%
$84.00Jul 17$2.56$0.55$3.11$80.89$87.113.62%
$83.00Jul 17$3.17$0.39$3.56$79.44$86.564.14%
$82.50Jul 17$3.58$0.23$3.81$78.69$86.314.43%
$89.00Jul 17$0.30$3.57$3.87$85.13$92.874.50%
$86.00Jul 24$2.17$2.08$4.25$81.75$90.254.94%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 0.56% of stock, avg 4.16%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$89.00$82.00Jul 17$0.30$0.18$0.48$81.52$89.48
$89.00$82.50Jul 17$0.30$0.23$0.53$81.97$89.53
$88.00$82.00Jul 17$0.45$0.18$0.63$81.37$88.63
$88.00$82.50Jul 17$0.45$0.23$0.68$81.82$88.68
$89.00$83.00Jul 17$0.30$0.39$0.69$82.31$89.69
$87.50$82.00Jul 17$0.61$0.18$0.79$81.21$88.29
$87.50$82.50Jul 17$0.61$0.23$0.84$81.66$88.34
$88.00$83.00Jul 17$0.45$0.39$0.84$82.16$88.84
$89.00$84.00Jul 17$0.30$0.55$0.85$83.15$89.85
$87.00$82.00Jul 17$0.73$0.18$0.91$81.09$87.91

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 230 found (best R:R 9.00, avg credit $1.01)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
75/7684/85Aug 7$0.90$0.109.00$75.10$84.90
80/8184/85Aug 14$0.90$0.109.00$80.10$84.90
74/7582/83Jul 31$0.89$0.118.09$74.11$82.89
75/7679/80Aug 7$0.89$0.118.09$75.11$79.89
75/7683/84Aug 7$0.89$0.118.09$75.11$83.89
84/8587/88Aug 7$0.89$0.118.09$84.11$87.89
82/8387/88Aug 14$0.89$0.118.09$82.11$87.89
77/7883/84Jul 24$0.88$0.127.33$77.12$83.88
82/8385/86Aug 14$0.88$0.127.33$82.12$85.88
83/8486/87Aug 14$0.88$0.127.33$83.12$86.88

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 100 found (best R:R 30.25, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$82.50$85.00$87.50Aug 21$0.08$2.4230.25
$92.50$95.00$97.50Aug 21$0.11$2.3921.73
$94.00$95.00$96.00Jul 17$0.06$0.9415.67
$88.00$89.00$90.00Jul 24$0.06$0.9415.67
$95.00$96.00$97.00Jul 24$0.06$0.9415.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$78.00$79.00$80.00Aug 7$0.05$0.9519.00
$81.00$82.00$83.00Jul 24$0.06$0.9415.67
$88.00$89.00$90.00Jul 24$0.06$0.9415.67
$81.00$82.00$83.00Jul 31$0.06$0.9415.67
$92.00$93.00$94.00Jul 31$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. 118 found (best net $-1.17, 110 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$70.00$78.001:2Aug 28-$2.38$5.62
$95.00$99.001:2Aug 28-$0.14$3.86
$100.00$103.001:2Aug 7-$0.52$2.48
$97.50$100.001:2Aug 21-$0.29$2.21
$95.00$97.501:2Aug 21-$0.33$2.17
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$100.00$93.001:2Aug 7-$1.17$5.83
$90.00$85.001:2Aug 14-$0.42$4.58
$73.00$70.001:2Jul 31$0.00$3.00
$72.50$70.001:2Aug 21$0.00$2.50
$75.00$72.501:2Aug 21-$0.21$2.29

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 67 found (best yield 4.89%, avg 1.59%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$86.00Aug 28$4.200.520.1%4.89%4.93%134
$87.00Aug 28$3.750.491.2%4.36%5.57%120
$86.00Aug 14$3.650.520.1%4.25%4.29%1112
$87.50Aug 21$3.400.471.8%3.96%5.75%71398
$88.00Aug 28$3.250.452.4%3.78%6.15%--51
$86.00Aug 7$3.200.520.1%3.72%3.77%32313
$87.00Aug 14$3.150.481.2%3.66%4.87%9163
$89.00Aug 28$2.810.423.5%3.27%6.81%21
$87.00Aug 7$2.740.471.2%3.19%4.40%435
$86.00Jul 31$2.640.510.1%3.07%3.12%376117

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 33,729
Total Puts 5,611
Put/Call Ratio 0.17
Net Difference 28,118

Prior's Put/Call Breakdown

Total Calls 9,183
Total Puts 5,607
Put/Call Ratio 0.61
Net Difference 3,576

Prior 7-Day Put/Call Summary

Total Calls 150,564
Total Puts 121,479
Average Put/Call Ratio 0.86
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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