DAL Options Chain by Expiration – Open Interest & Put/Call Ratio

Explore the DAL options chain aggregated by expiration date, with call and put open interest, total OI and put/call ratios. Use this overview to spot where options positioning is most concentrated and which expirations carry bullish, bearish or neutral sentiment for DAL.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from DAL Options by Expiration Date

The table below aggregates DAL options data by expiration date, including call volume, put volume, total open interest and the put/call ratio. Each row is assigned a sentiment label and numerical sentiment score, highlighting expirations where positioning is extremely bullish, defensive or balanced. Click on an expiration date to drill down into the detailed options chain for that maturity.

Expiration Date	Call OI	Put OI	Total Open Interest	Put/Call Ratio
2026-03-27	22381	25635	48016	1.145
2026-04-02	17324	14860	32184	0.858
2026-04-10	5524	8956	14480	1.621
2026-04-17	229384	55855	285239	0.243
2026-04-24	2651	2521	5172	0.951
2026-05-01	1135	1363	2498	1.201
2026-05-15	66326	43570	109896	0.657
2026-06-18	63647	56062	119709	0.881
2026-09-18	11191	23417	34608	2.092
2026-12-18	17708	19689	37397	1.112
2027-01-15	39703	40835	80538	1.029
2027-03-19	2748	2524	5272	0.918
2028-01-21	4702	9978	14680	2.122
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for DAL based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Compares put and call activity. A higher PCR usually indicates more defensive or bearish positioning, while a lower PCR suggests bullish call demand. Open Interest (OI): Represents the number of outstanding option contracts. Higher open interest reflects strong market attention, hedging activity or speculative positioning around DAL. Unusual activity ⚠️: Expirations with extreme PCR or unusually high OI are flagged with a warning icon, signaling concentrated bets, hedging pressure or potential event-driven risk. The sentiment score combines PCR and OI into a 0–100 scale, then classifies each expiration into intuitive labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Higher scores reflect more aggressive bullish positioning in DAL options, while lower scores highlight more defensive or bearish structures.