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
2026-02-06	3863	20518	24381	5.311
2026-02-13	5699	3834	9533	0.673
2026-02-20	58659	45183	103842	0.770
2026-02-27	1070	1487	2557	1.390
2026-03-06	505	641	1146	1.269
2026-03-13	183	127	310	0.694
2026-03-20	58823	71157	129980	1.210
2026-03-27	2	4	6	2.000
2026-04-17	30846	20118	50964	0.652
2026-05-15	11561	28567	40128	2.471
2026-06-18	26907	33113	60020	1.231
2026-09-18	5965	13147	19112	2.204
2026-12-18	16446	15881	32327	0.966
2027-01-15	28612	31217	59829	1.091
2028-01-21	3123	6998	10121	2.241
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.