Delta Air Lines

DAL

46.00

+0.08

+0.2%

After Hours:

46.00

0.00

0.0%

Stock Price
Open: 46.10
Prev. Close: 45.92
Low/Hi: 45.60 - 46.31
52-Week: 32.60 - 52.76
Volumes
Equity: 6,260,085
90-Day Avg: 8,192,270
Option: 18,909
90-Day Avg: 35,381
Volatility
Today: 17.1
20-Day: 27.2
52-Week: 29.6
30-Day IV: 27.3 -0.2
IV Rank: 0.37 (Subdued)
Fundamental
Dividend: 5-May $0.203 (Est.)
Div. Yield: 1.8%
Earnings: 13-Apr (Est.)
P/E Ratio: 7.89
Market Cap: 33.6 B
Stock Type: Common | Sector: Services | Industry: Major Airlines

DAL Stock Posts


Large Increase in Open Interest
DAL 45.76-0.52 (-1.1%)Delta Air Lines
The open interest (OI) on the 16-Jun-17 50.00 strike increased by 41,506 call contracts and decreased by 1 puts. The total OI for the expiration was increased by 2x the average option volume. View Open Interest
Stock Option Volume Spikes 2.8x its Average
DAL 46.42-0.93 (-2.0%)Delta Air Lines
Delta Air Lines trades 86,500 contracts. The company has the following event: J.P. Morgan Aviation, Transportation and Industrials Conference on Mar 15, 2017. News: Delta Introduces One-Of-A-Kind Alessi-Designed Serviceware at 30,000 feet
Call Spread Trades 20,000 Times
DAL 46.43-0.92 (-1.9%)Delta Air Lines
DAL $5 Call spread on the 50 - 55 strikes traded 20,000 times in the 16-Jun-17 expiration. The spread traded for $0.94 at 10:06:08 AM with the market at 0.91 - 0.95. The spread premium was $1,880,000. The stock price was 46.42 at the time of the trade.
Go To Key Trades
Stock Price at Expiration Outcome Payout (per contract) Payout %
50.94 Breakeven 0 0.0%
55 and Above Maximum Gain 4.06 431.9%
50 and Below Maximum Loss -0.94 -100.0%


Long 1 Call: 50 Strike @ $1.32Short 1 Call: 55 Strike @ $0.38Debit: $0.94

Call Spread Trades 9,500 Times
DAL 47.23-0.44 (-0.9%)Delta Air Lines
DAL $5 Call spread on the 50 - 55 strikes traded 9,500 times in the 16-Jun-17 expiration. The spread traded for $1.12 at 02:20:16 PM with the market at 1.07 - 1.10. The spread premium was $1,064,000. The stock price was 47.01 at the time of the trade.
Go To Key Trades
Stock Price at Expiration Outcome Payout (per contract) Payout %
51.12 Breakeven 0 0.0%
55 and Above Maximum Gain 3.88 346.4%
50 and Below Maximum Loss -1.12 -100.0%


Long 1 Call: 50 Strike @ $1.63Short 1 Call: 55 Strike @ $0.51Debit: $1.12

Option Puts Becoming Cheaper Relative to Calls
DAL 48.56-1.57 (-3.1%)Delta Air Lines
The 30-day implied volatility skew is trending today towards a more bullish outlook. 25-Delta Put options are trading at 26.0 vol, or +0.4 higher than the 25-Delta call options. Over the last year, the average of this spread has been +3.2, so today's move is suggesting that option traders are growing more confident of a move to the upside. View Volatility Skew
DAL 48.46-1.67 (-3.3%)Delta Air Lines
  • ATM straddle for 10-Mar-17 expiration returned a positive 57.1% from the previous business day
  • The upside wing (25 delta calls) declined -82.9%
  • Downside put (25 delta puts) gained 310.2%
  • The company has the following event: Raymond James 38th Annual Institutional Investors Conference on Mar 6, 2017.
  • The option volume for 10-Mar-17 expiration is 4,658