DELTA AIR LINES, INC. (DAL) Options Volume

133,849 DELTA AIR LINES, INC. (DAL) option contracts changed hands in the latest session, at a put/call volume ratio of 0.38. This page tracks how actively DAL options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Oct 9, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$82.18
52-week range
$55.63 – $93.98
ATM IV (30d)
41.5%
IV rank
23 / 100
Low
Expected move
±$9.44 (±11.5%)
Put/call OI
0.61
Call-heavy
Max pain
$80
↓ 2.7% below close
Next earnings
Oct 11, 2026

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Options Volume & Premium Flow

Total options volume133,849
Call volume97,152
Put volume36,697
Put/call volume ratio0.38
Listed contracts1,036
Call premium traded$13.75M
Put premium traded$3.71M
Premium put/call ratio0.27
Open interest rank (31 day)86 / 100
Skew rank (31 day)71 / 100

DAL Options Volume Trend

068.4K136.8K205.2K273.6KFeb '26Jun '26Oct '26

DAL total options volume per session, past year.

0.002.274.546.819.08Feb '26Jun '26Oct '26

DAL put/call volume ratio, past year.

DAL Unusual Options Activity

Contracts trading at least 3× their own 30-day average volume (minimum 500 contracts):

ContractExpirationLastIV Open interestVolumevs 30d avg
DAL $90 call Nov 20, 2026 $1.25 34.1% 18,998 11,465 50.0× avg
DAL $82 call Oct 16, 2026 $1.68 38.6% 1,776 11,419 6.2× avg
DAL $85 call Nov 20, 2026 $2.74 35.0% 5,693 10,562 58.8× avg
DAL $81 call Oct 16, 2026 $2.35 37.5% 183 8,656 15.1× avg
DAL $85 call Oct 16, 2026 $0.65 37.4% 8,471 6,482 3.5× avg

With a put/call volume ratio of 0.38, today's trading is tilted toward calls. Measured in dollars rather than contracts, $13.75M of call premium and $3.71M of put premium changed hands — the larger premium flow is on the call side. 5 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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DAL Options FAQ

How many DAL options traded today?

133,849 DAL option contracts traded as of Oct 9, 2026 — 97,152 calls and 36,697 puts.

Is there unusual options activity in DAL today?

Yes — 5 contracts are trading at least three times their 30-day average volume as of Oct 9, 2026. OptiView flags a contract as unusual when today's volume runs at 3× its own average with at least 500 contracts traded.

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.