Tour v531
DAL
DELTA AIR LINES INC
$75.37 -3.47%
$75.30 (-0.09%)🌙
as of 10/16 09:51 PM
◀ 10/16 21:51

Option Volume

Detail
ℹ
Current (10/16) 33,040
Calls: 14,357 (43%)
Puts: 18,683 (57%)
Prior (10/14) 82,475
Calls: 71,679 (87%)
Puts: 10,796 (13%)
Current vs Prior -59.94%
Calls: -79.97% (Calls)
Puts: +73.05% (Puts)
Prior 7-Day Total 422,870
Calls: 295,550 (70%)
Puts: 127,320 (30%)
Prior 7-Day Average 60,410
Calls: 42,221 (70%)
Puts: 18,188 (30%)
Current vs Prior 7-Day Avg -45.31%
Calls: -66.00%
Puts: +2.72%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (10/16) $7.08M
Calls: $2.69M (38%)
Puts: $4.39M (62%)
Prior (10/14) $10.66M
Calls: $7.86M (74%)
Puts: $2.80M (26%)
Current vs Prior -33.55%
Calls: -65.78%
Puts: +57.01%
Prior 7-Day Total $61.86M
Calls: $41.92M (68%)
Puts: $19.94M (32%)
Prior 7-Day Average $8.84M
Calls: $5.99M (68%)
Puts: $2.85M (32%)
Current vs Prior 7-Day Avg -19.84%
Calls: -55.07%
Puts: +54.24%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (10/16) 1.30
Prior (10/14) 0.15
Current vs Prior +764.00%
Prior 7-Day Average 0.48
Current vs Prior 7-Day Avg +168.68%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (10/16) 320,325
Calls: 219,725 (69%)
Puts: 100,600 (31%)
Prior (10/14) 547,889
Calls: 349,253 (64%)
Puts: 198,636 (36%)
Current vs Prior -41.53%
Prior 7-Day Total 3,689,189
Calls: 2,345,387 (64%)
Puts: 1,343,802 (36%)
Prior 7-Day Average 527,027
Calls: 335,055 (64%)
Puts: 191,971 (36%)
Current vs Prior 7-Day Avg -39.22%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (10/16) | Next (10/23)Expiry (10/16) | Next (11/20)
Current 1.47% | 5.36%1.47% | 11.05%
Prior 3.10% | 5.48%3.10% | 10.74%
Current vs Prior +72.63% | +25.19%-52.57% | +2.93%
Prior 7-Day Avg 4.18% | 6.20%5.32% | 11.56%
Current vs 7-Day Avg +28.09% | +10.69%-72.32% | -4.39%
Prior 7-Day Eod 3.11% | 5.48%3.10% | 10.74%
Current vs 7-Day Eod +72.63% | +25.19%-52.57% | +2.93%
Sentiment BEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 61.61% | 22.29%
Calls: 31.03% | 18.07%
Puts: 92.19% | 26.50%
Prior 61.61% | 22.29%
Calls: 31.03% | 18.07%
Puts: 92.19% | 26.50%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 49.87% | 15.05%
Calls: 34.57% | 12.67%
Puts: 65.17% | 17.43%
Current vs 7-Day Avg +23.54% | +48.11%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bearish flow with 62% put dollar volume ($4.39M). Below-average activity with volume down 60% vs prior. Bearish P/C ratio of 1.30 indicates protective positioning. P/C ratio rising 764% - increased hedging/bearish positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
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 22 of results (avg 7.8%, best 3.5%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Nov 203.804.00$3.905.1%530.55407
$80.00Nov 201.671.81$1.748.0%1220.331.8K
$70.00Oct 305.906.40$6.158.1%170.841
$77.50Nov 202.552.77$2.668.3%3060.43420
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Nov 209.8510.20$10.023.5%2270.85394
$77.50Nov 204.304.55$4.435.6%680.572.2K
$80.00Nov 205.856.20$6.035.8%1950.681.8K
$78.00Nov 64.054.30$4.186.0%520.62--
$82.50Nov 207.658.15$7.906.3%150.77--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.80, cheapest $0.76)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$78.00Oct 230.690.83$0.7618.4%3910.296.1K
$81.00Nov 60.851.03$0.9419.1%210.24--
$82.00Nov 130.901.06$0.9816.3%250.2368
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Nov 200.460.55$0.5117.6%270.111.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 73 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$68.00Oct 166.858.80$7.8324.9%21.00--
$70.00Oct 164.955.75$5.3515.0%341.00--
$72.50Oct 162.283.25$2.7635.1%10.99--
$65.00Oct 169.8511.65$10.7516.7%20.99--
$67.00Oct 167.509.70$8.6025.6%20.99--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$76.00Oct 160.500.71$0.6134.4%2751.00919
$77.00Oct 161.471.73$1.6016.2%2091.00527
$77.50Oct 161.822.21$2.0219.3%3241.001.1K
$79.00Oct 162.853.90$3.3831.1%4801.00669
$80.00Oct 164.354.80$4.579.8%2331.002.8K

Most actively traded options today. High liquidity = easy entry/exit. 215 active (total vol 27.6K, top 3.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$79.00Oct 230.470.58$0.5221.2%3.8K0.226.0K
$85.00Nov 200.580.71$0.6520.0%1.3K0.1513.6K
$79.00Oct 160.000.01$0.01100.0%4380.01277
$78.00Oct 230.690.83$0.7618.4%3910.296.1K
$81.00Oct 230.180.31$0.2552.0%3340.124.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Nov 201.321.44$1.388.7%3.4K0.244.0K
$76.00Oct 231.852.04$1.959.7%3.2K0.54357
$72.00Nov 61.271.49$1.3815.9%1.4K0.2966
$71.00Nov 60.821.22$1.0239.2%8540.246
$75.00Nov 203.003.25$3.138.0%8380.462.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 3 strikes (avg 1745.0%, max 2955.6%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$78.00Oct 16Nov 13475.3%37.9%1152.7%1682.4K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$72.00Oct 16Nov 271088.8%35.6%2955.6%35111
$78.00Oct 16Nov 27475.3%38.7%1126.8%270645

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 106 found (best R:R 2.33, avg 3.03)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$75.00$76.00Nov 6$0.30$0.70$0.3055%2.33$75.30
$74.00$75.00Oct 23$0.48$0.52$0.4865%1.08$74.48
$70.00$77.00Nov 27$4.31$2.69$4.3174%0.62$74.31
$81.00$82.00Nov 6$0.11$0.89$0.1124%8.09$81.11
$77.00$79.00Nov 27$0.72$1.28$0.7246%1.78$77.72
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$84.00$83.00Oct 16$0.30$0.70$0.30100%2.33$83.70
$83.00$78.00Nov 13$3.10$1.90$3.1081%0.61$79.90
$83.00$81.00Oct 30$1.25$0.75$1.2589%0.60$81.75
$78.00$77.00Nov 6$0.18$0.82$0.1862%4.56$77.82
$78.00$77.00Nov 27$0.25$0.75$0.2558%3.00$77.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 78 found (best R:R 1.13, avg 0.41)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$78.00$79.00Oct 16$0.26$0.26$0.7481%0.35$78.26
$77.00$79.00Nov 6$0.95$0.95$1.0556%0.90$77.95
$80.00$81.00Nov 27$0.40$0.40$0.6066%0.67$80.40
$82.00$83.00Nov 6$0.25$0.25$0.7579%0.33$82.25
$76.00$77.00Oct 30$0.51$0.51$0.4952%1.04$76.51
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$72.00$70.00Oct 16$1.06$1.06$0.9473%1.13$70.94
$70.00$65.00Nov 20$0.87$0.87$4.1376%0.21$69.13
$75.00$73.00Nov 27$1.03$1.03$0.9754%1.06$73.97
$67.00$66.00Nov 13$0.24$0.24$0.7686%0.32$66.76
$67.00$66.00Oct 23$0.14$0.14$0.8693%0.16$66.86

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 48 found (cheapest 0.69% of stock, avg 6.95%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$75.00Oct 16$0.50$0.02$0.52$74.48$75.520.69%
$76.00Oct 16$0.01$0.61$0.62$75.38$76.620.82%
$77.00Oct 16$0.07$1.60$1.67$75.33$78.672.22%
$74.00Oct 16$1.99$0.07$2.06$71.94$76.062.73%
$77.50Oct 16$0.05$2.02$2.07$75.43$79.572.75%
$73.00Oct 16$2.74$0.01$2.75$70.25$75.753.65%
$72.50Oct 16$2.76$0.01$2.77$69.73$75.273.68%
$78.00Oct 16$0.27$2.63$2.90$75.10$80.903.85%
$79.00Oct 16$0.01$3.38$3.39$75.61$82.394.50%
$76.00Oct 23$1.49$1.95$3.44$72.56$79.444.56%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 157 found (cheapest 0.04% of stock, avg 4.02%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$76.00$75.00Oct 16$0.01$0.02$0.03$74.97$76.03
$77.50$75.00Oct 16$0.05$0.02$0.07$74.93$77.57
$76.00$74.00Oct 16$0.01$0.07$0.08$73.92$76.08
$77.00$75.00Oct 16$0.07$0.02$0.09$74.91$77.09
$77.50$74.00Oct 16$0.05$0.07$0.12$73.88$77.62
$77.00$74.00Oct 16$0.07$0.07$0.14$73.86$77.14
$78.00$75.00Oct 16$0.27$0.02$0.29$74.71$78.29
$78.00$74.00Oct 16$0.27$0.07$0.34$73.66$78.34
$80.00$71.00Oct 23$0.35$0.35$0.70$70.30$80.70
$80.00$72.00Oct 23$0.35$0.49$0.84$71.16$80.84

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 112 found (best R:R 1.94, avg credit $0.54)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
70/7278/79Oct 16$1.32$0.6854%1.94$70.68$79.32
68/6980/81Nov 27$0.69$0.3144%2.23$68.31$80.69
71/7282/83Nov 6$0.61$0.3950%1.56$71.39$82.61
66/6785/86Nov 13$0.37$0.6372%0.59$66.63$85.37
71/7283/84Nov 6$0.53$0.4754%1.13$71.47$83.53
66/6780/81Nov 13$0.52$0.4855%1.08$66.48$80.52
68/6985/86Nov 27$0.47$0.5359%0.89$68.53$85.47
68/6984/85Nov 27$0.50$0.5056%1.00$68.50$84.50
66/6781/82Nov 13$0.47$0.5359%0.89$66.53$81.47
66/6781/82Oct 23$0.24$0.7681%0.32$66.76$81.24

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 64 found (best R:R 1.50, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$75.00$76.00$77.00Oct 16$0.55$0.4580%0.82
$80.00$82.50$85.00Nov 20$0.17$2.3317%13.71
$77.00$78.00$79.00Oct 23$0.07$0.9315%13.29
$78.00$79.00$80.00Oct 23$0.07$0.9313%13.29
$85.00$87.50$90.00Nov 20$0.11$2.398%21.73
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$75.00$76.00$77.00Oct 16$0.40$0.6090%1.50
$70.00$72.50$75.00Nov 20$0.19$2.3121%12.16
$74.00$75.00$76.00Oct 16$0.64$0.3689%0.56
$77.50$80.00$82.50Nov 20$0.27$2.2320%8.26
$75.00$77.50$80.00Nov 20$0.30$2.2022%7.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 105 found (best net $-1.30, 90 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$82.50$85.001:2Nov 20-$0.19$2.31
$77.00$79.001:2Nov 6-$0.52$1.48
$80.00$82.501:2Nov 20-$0.48$2.02
$85.00$87.501:2Nov 20-$0.17$2.33
$77.50$80.001:2Nov 20-$0.82$1.68
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$83.00$78.001:2Nov 13-$1.30$3.70
$90.00$85.001:2Nov 13-$4.46$0.54
$72.50$70.001:2Nov 20-$0.60$1.90
$67.00$65.001:2Nov 27-$0.20$1.80
$70.00$65.001:2Oct 16-$0.03$4.97

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 54 found (best yield 3.89%, avg 1.25%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$77.00Nov 27$2.930.462.2%3.89%6.05%19
$79.00Nov 27$2.230.384.8%2.96%7.77%3--
$77.50Nov 20$2.550.432.8%3.38%6.21%306420
$80.00Nov 27$1.890.346.1%2.51%8.65%39
$80.00Nov 20$1.670.336.1%2.22%8.36%1221.8K
$81.00Nov 27$1.500.307.5%1.99%9.46%2--
$77.00Nov 13$2.360.462.2%3.13%5.29%940
$82.00Nov 27$1.240.278.8%1.65%10.44%103
$78.00Nov 13$1.840.413.5%2.44%5.93%1661
$76.00Nov 6$2.550.500.8%3.38%4.22%23

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 14,357
Total Puts 18,683
Put/Call Ratio 1.30
Net Difference -4,326

Prior's Put/Call Breakdown

Total Calls 71,679
Total Puts 10,796
Put/Call Ratio 0.15
Net Difference 60,883

Prior 7-Day Put/Call Summary

Total Calls 295,550
Total Puts 127,320
Average Put/Call Ratio 0.48
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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