DELTA AIR LINES, INC. (DAL) Most Active Options

The 25 most actively traded DELTA AIR LINES, INC. (DAL) option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$82.35
52-week range
$55.63 – $93.98
ATM IV (30d)
36.3%
IV rank
13 / 100
Low
Expected move
±$7.83 (±9.5%)
Put/call OI
1.09
Max pain
$80
↓ 2.9% below close
Next earnings
Oct 11, 2026

Most Active DAL Contracts

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
DAL $87 call Aug 28, 2026 3d $0.25 325 13,776
DAL $86 call Aug 28, 2026 3d $0.40 730 9,504
DAL $90 call Sep 18, 2026 24d $0.94 9,575 1,814
DAL $85 call Aug 28, 2026 3d $0.58 0.0% 0 1.00 6,977 640 0.8× avg
DAL $80 put Sep 4, 2026 10d $0.64 0.0% 0 1.00 371 409 6.5× avg
DAL $80 call Sep 18, 2026 24d $5.15 2,729 364
DAL $87 call Sep 18, 2026 24d $1.79 35.8% 77 0.36 43 361 5.1× avg
DAL $100 call Dec 18, 2026 115d $2.06 0.0% 0 1.00 2,564 335 31.6× avg
DAL $85 call Sep 4, 2026 10d $1.40 88 314
DAL $84 call Sep 11, 2026 17d $2.16 33.9% 25 0.50 141 304 15.3× avg
DAL $85 call Sep 18, 2026 24d $2.50 35.8% 77 0.46 3,694 255 3.6× avg
DAL $83 call Aug 28, 2026 3d $1.55 39.0% 52 0.60 486 213 1.9× avg
DAL $84 call Aug 28, 2026 3d $1.03 39.7% 53 0.46 6,834 181 1.6× avg
DAL $55 put Dec 18, 2026 115d $0.38 2,428 151
DAL $75 put Sep 4, 2026 10d $0.18 0.0% 0 1.00 41 140 2.2× avg
DAL $75 put Oct 16, 2026 52d $1.69 500.0% 100 0.00 559 130 2.5× avg
DAL $82.5 call Sep 18, 2026 24d $3.68 3,083 123
DAL $97.5 call Jan 15, 2027 143d $3.43 345 114
DAL $80 put Sep 11, 2026 17d $0.86 0.0% 0 1.00 126 114 2.3× avg
DAL $83 put Aug 28, 2026 3d $0.97 36.9% 27 -0.40 381 113 0.6× avg
DAL $74 put Sep 4, 2026 10d $0.08 4 109
DAL $70 put Sep 18, 2026 24d $0.15 7,783 105
DAL $80 put Dec 18, 2026 115d $5.35 500.0% 100 0.00 1,516 103 9.1× avg
DAL $86 put Sep 4, 2026 10d $3.85 214 101
DAL $79 put Aug 28, 2026 3d $0.07 41.6% 10 -0.06 194 99 1.5× avg

Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.

The most active DAL contract today is the $87 call expiring in 3 days, with 13,776 contracts traded. Calls dominate the most-active list (14 of the top 25), showing where trading interest concentrates.

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DAL Options FAQ

Which DAL option contract is most active today?

The most traded DAL contract is the $87 call expiring Aug 28, 2026, with 13,776 contracts traded as of Aug 24, 2026.

How does OptiView rank the most active DAL options?

The table lists the 25 DAL contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.