Tour v346
DAL
DELTA AIR LINES INC
$84.17 -2.92%
$84.10 (-0.08%)🌙
as of 07/17 06:03 PM
7/17 18:03

Option Volume

Detail
Current (07/17) 20,821
Calls: 12,242 (59%)
Puts: 8,579 (41%)
Prior (07/16) 16,617
Calls: 8,813 (53%)
Puts: 7,804 (47%)
Current vs Prior +25.30%
Calls: +38.91% (Calls)
Puts: +9.93% (Puts)
Prior 7-Day Total 281,806
Calls: 168,577 (60%)
Puts: 113,229 (40%)
Prior 7-Day Average 40,258
Calls: 24,082 (60%)
Puts: 16,175 (40%)
Current vs Prior 7-Day Avg -48.28%
Calls: -49.17%
Puts: -46.96%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/17) $7.10M
Calls: $5.53M (78%)
Puts: $1.57M (22%)
Prior (07/16) $4.57M
Calls: $2.36M (52%)
Puts: $2.21M (48%)
Current vs Prior +55.16%
Calls: +133.71%
Puts: -28.94%
Prior 7-Day Total $59.71M
Calls: $39.42M (66%)
Puts: $20.29M (34%)
Prior 7-Day Average $8.53M
Calls: $5.63M (66%)
Puts: $2.90M (34%)
Current vs Prior 7-Day Avg -16.82%
Calls: -1.87%
Puts: -45.87%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/17) 0.70
Prior (07/16) 0.89
Current vs Prior -20.86%
Prior 7-Day Average 0.76
Current vs Prior 7-Day Avg -7.40%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/17) 441,903
Calls: 214,637 (49%)
Puts: 227,266 (51%)
Prior (07/16) 439,093
Calls: 212,203 (48%)
Puts: 226,890 (52%)
Current vs Prior +0.64%
Prior 7-Day Total 2,977,042
Calls: 1,418,834 (48%)
Puts: 1,558,208 (52%)
Prior 7-Day Average 425,291
Calls: 202,690 (48%)
Puts: 222,601 (52%)
Current vs Prior 7-Day Avg +3.91%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 1.37% | 5.03%1.37% | 10.89%
Prior 2.39% | 5.21%2.39% | 10.93%
Current vs Prior +110.49% | +30.35%-42.77% | -0.36%
Prior 7-Day Avg 4.43% | 6.40%4.86% | 12.00%
Current vs 7-Day Avg +13.40% | +6.12%-71.91% | -9.22%
Prior 7-Day Eod 2.39% | 5.21%2.39% | 10.93%
Current vs 7-Day Eod +110.49% | +30.35%-42.77% | -0.36%
Sentiment BEARISHBULLISH

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 38.83% | 9.18%
Calls: 34.15% | 9.51%
Puts: 43.51% | 8.86%
Current vs 7-Day Avg +20.52% | +8.46%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 78% of dollar volume in calls ($5.53M) vs puts ($1.57M). Elevated premium activity with dollar volume up 55% vs prior. P/C ratio dropping 21% - 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 NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
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 38 of results (avg 7.7%, best 2.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Aug 213.603.70$3.652.7%1000.49689
$82.50Aug 214.905.05$4.973.0%880.59113
$87.50Aug 212.532.67$2.605.4%760.39408
$86.00Aug 72.222.38$2.307.0%20.42302
$90.00Aug 211.731.86$1.807.2%3340.303.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Aug 214.104.30$4.204.8%1020.51494
$88.00Jul 244.204.45$4.335.8%160.7941
$82.50Aug 212.963.15$3.066.2%1480.411.8K
$87.50Aug 215.455.80$5.636.2%160.611.9K
$86.00Aug 144.254.55$4.406.8%10.566

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.85, cheapest $0.78)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$87.00Jul 240.710.86$0.7819.2%4490.28126
$95.00Aug 210.740.83$0.7811.5%1770.161.1K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.00Jul 240.861.00$0.9315.1%960.311.2K
$75.00Aug 210.870.99$0.9312.9%3990.162.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 114 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$67.50Jul 1715.8017.55$16.6810.5%21.0094
$70.00Jul 1713.7516.10$14.9315.7%--1.00602
$72.00Jul 1711.3013.55$12.4318.1%11.003
$72.50Jul 1711.2012.65$11.9312.2%961.001.3K
$73.00Jul 1710.3512.30$11.3317.2%1411.006
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$93.00Jul 177.259.30$8.2824.8%20.994
$94.00Jul 178.0511.25$9.6533.2%10.99200
$95.00Jul 179.9012.10$11.0020.0%--0.9970
$92.00Jul 176.109.20$7.6540.5%10.99--
$90.00Jul 175.156.65$5.9025.4%970.99374

Most actively traded options today. High liquidity = easy entry/exit. 229 active (total vol 14.7K, top 781)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$86.00Jul 170.000.01$0.01100.0%7810.02386
$85.00Jul 170.000.06$0.03200.0%5470.106.8K
$87.00Jul 240.710.86$0.7819.2%4490.28126
$88.00Jul 170.000.01$0.01100.0%4430.011.1K
$100.00Aug 70.000.35$0.18194.4%3990.05322
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Jul 170.691.05$0.8741.4%5730.901.7K
$79.00Aug 141.321.59$1.4618.5%4630.266
$86.00Jul 171.232.55$1.8969.8%4340.98462
$73.00Jul 310.010.23$0.12183.3%4100.0419
$84.00Jul 170.050.26$0.16131.2%4090.411.5K

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 1057.5%, max 2859.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$101.00Jul 17Jul 242211.2%74.7%2859.3%697
$78.00Jul 17Aug 14845.8%37.9%2131.2%14876
$100.00Jul 17Aug 21829.4%37.6%2103.7%3574.4K
$92.50Jul 17Aug 21803.7%37.5%2043.1%1332.2K
$70.00Jul 17Aug 21892.1%42.5%1996.9%--707
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$78.00Jul 17Aug 14845.8%37.9%2131.2%7129
$92.50Jul 17Aug 21803.7%37.5%2043.1%51.0K
$79.00Jul 17Aug 28760.8%39.5%1824.8%98141
$70.00Jul 17Aug 28892.1%47.2%1789.4%74.7K
$72.50Jul 17Aug 21736.2%41.9%1658.9%351.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 129 found (best R:R 19.83, avg 2.99)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$97.50$100.00Aug 21$0.21$2.29$0.2110.90$97.71
$95.00$97.00Aug 14$0.17$1.83$0.1710.76$95.17
$99.00$100.00Aug 7$0.10$0.90$0.109.00$99.10
$95.00$97.50Aug 21$0.25$2.25$0.259.00$95.25
$89.00$90.00Jul 24$0.11$0.89$0.118.09$89.11
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$75.00$70.00Aug 7$0.24$4.76$0.2419.83$74.76
$75.00$70.00Aug 28$0.37$4.63$0.3712.51$74.63
$78.00$77.00Jul 24$0.10$0.90$0.109.00$77.90
$75.00$70.00Aug 14$0.50$4.50$0.509.00$74.50
$72.50$70.00Aug 21$0.26$2.24$0.268.62$72.24

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 167 found (best R:R 13.29, avg 1.52)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$75.00$78.00Jul 31$2.79$2.79$0.2113.29$77.79
$73.00$75.00Jul 31$1.71$1.71$0.295.90$74.71
$76.00$77.00Jul 17$0.83$0.83$0.174.88$76.83
$83.00$84.00Jul 17$0.83$0.83$0.174.88$83.83
$78.00$79.00Jul 31$0.83$0.83$0.174.88$78.83
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$90.00$89.00Jul 24$0.90$0.90$0.109.00$89.10
$93.00$92.00Jul 24$0.90$0.90$0.109.00$92.10
$92.00$90.00Jul 17$1.75$1.75$0.257.00$90.25
$95.00$93.00Jul 24$1.75$1.75$0.257.00$93.25
$100.00$93.00Aug 7$6.12$6.12$0.886.95$93.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 48 found (avg debit $0.85, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$92.00Jul 17Jul 24$0.09461.7%39.3%
$95.00Jul 17Jul 24$0.09606.0%49.8%
$98.00Jul 24Jul 31$0.2166.8%56.5%
$90.00Jul 17Jul 24$0.25360.0%39.8%
$75.00Jul 17Jul 24$0.27661.5%56.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$96.00Jul 24Jul 31$0.0747.0%43.1%
$76.00Jul 17Jul 24$0.10673.1%48.0%
$70.00Jul 17Jul 24$0.11892.1%74.7%
$94.00Jul 17Jul 31$0.13558.9%37.7%
$77.00Jul 17Jul 24$0.14461.7%43.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 112 found (cheapest 0.52% of stock, avg 9.37%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$84.00Jul 17$0.28$0.16$0.44$83.56$84.440.52%
$85.00Jul 17$0.03$0.87$0.90$84.10$85.901.07%
$83.00Jul 17$1.11$0.12$1.23$81.77$84.231.46%
$82.50Jul 17$1.72$0.11$1.83$80.67$84.332.17%
$86.00Jul 17$0.01$1.89$1.90$84.10$87.902.26%
$82.00Jul 17$2.03$0.04$2.07$79.93$84.072.46%
$87.00Jul 17$0.04$2.89$2.93$84.07$89.933.48%
$84.00Jul 24$1.96$1.73$3.69$80.31$87.694.38%
$85.00Jul 24$1.50$2.27$3.77$81.23$88.774.48%
$83.00Jul 24$2.53$1.30$3.83$79.17$86.834.55%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 0.17% of stock, avg 3.95%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$85.00$82.50Jul 17$0.03$0.11$0.14$82.36$85.14
$85.00$83.00Jul 17$0.03$0.12$0.15$82.85$85.15
$87.00$82.50Jul 17$0.04$0.11$0.15$82.35$87.15
$87.00$83.00Jul 17$0.04$0.12$0.16$82.84$87.16
$85.00$84.00Jul 17$0.03$0.16$0.19$83.81$85.19
$87.00$84.00Jul 17$0.04$0.16$0.20$83.80$87.20
$91.00$82.50Jul 17$0.13$0.11$0.24$82.26$91.24
$91.00$83.00Jul 17$0.13$0.12$0.25$82.75$91.25
$92.50$82.50Jul 17$0.14$0.11$0.25$82.25$92.75
$92.50$83.00Jul 17$0.14$0.12$0.26$82.74$92.76

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 223 found (best R:R 16.86, avg credit $1.07)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
88/9092/95Aug 21$2.36$0.1416.86$87.64$94.86
75/7980/84Aug 28$3.61$0.399.26$75.39$83.61
77/7883/84Aug 7$0.90$0.109.00$77.10$83.90
79/8083/84Aug 7$0.90$0.109.00$79.10$83.90
82/8386/87Aug 14$0.90$0.109.00$82.10$86.90
72/7381/82Jul 24$0.89$0.118.09$72.11$81.89
84/8589/90Aug 7$0.89$0.118.09$84.11$89.89
76/7778/80Aug 14$1.78$0.228.09$75.22$79.78
76/7785/86Aug 14$0.89$0.118.09$76.11$85.89
80/8184/85Aug 14$0.89$0.118.09$80.11$84.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 105 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$85.00$86.00$87.00Jul 17$0.05$0.9519.00
$84.00$85.00$86.00Jul 31$0.05$0.9519.00
$91.00$92.00$93.00Jul 31$0.05$0.9519.00
$96.00$97.00$98.00Aug 7$0.05$0.9519.00
$77.50$80.00$82.50Aug 21$0.13$2.3718.23
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$75.00$76.00$77.00Jul 24$0.06$0.9415.67
$82.00$83.00$84.00Jul 24$0.06$0.9415.67
$83.00$84.00$85.00Jul 31$0.06$0.9415.67
$81.00$82.00$83.00Jul 31$0.07$0.9313.29
$84.00$85.00$86.00Aug 14$0.07$0.9313.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 129 found (best net $-0.27, 114 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$97.50$100.001:2Aug 21-$0.11$2.39
$95.00$97.501:2Aug 21-$0.28$2.22
$92.50$95.001:2Aug 21-$0.37$2.13
$90.00$92.501:2Aug 21-$0.58$1.92
$80.00$82.001:2Jul 17-$0.11$1.89
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$84.00$79.001:2Aug 28-$0.27$4.73
$75.00$70.001:2Aug 28-$0.39$4.61
$79.00$75.001:2Aug 28$0.00$4.00
$100.00$93.001:2Aug 7-$3.31$3.69
$73.00$70.001:2Jul 31-$0.04$2.96

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 58 found (best yield 4.34%, avg 1.43%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$85.00Aug 28$3.650.491.0%4.34%5.32%85
$85.00Aug 21$3.600.491.0%4.28%5.26%100689
$86.00Aug 28$3.500.472.2%4.16%6.33%234
$85.00Aug 14$3.000.491.0%3.56%4.55%259
$87.00Aug 28$2.900.433.4%3.45%6.81%--29
$85.00Aug 7$2.640.471.0%3.14%4.12%3178
$86.00Aug 14$2.630.442.2%3.12%5.30%--16
$88.00Aug 28$2.560.414.5%3.04%7.59%2051
$87.50Aug 21$2.530.394.0%3.01%6.96%76408
$87.00Aug 14$2.230.403.4%2.65%6.01%3143

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 12,242
Total Puts 8,579
Put/Call Ratio 0.70
Net Difference 3,663

Prior's Put/Call Breakdown

Total Calls 8,813
Total Puts 7,804
Put/Call Ratio 0.89
Net Difference 1,009

Prior 7-Day Put/Call Summary

Total Calls 168,577
Total Puts 113,229
Average Put/Call Ratio 0.76
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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