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
2026-08-21	31919	21594	53513	0.677
2026-08-28	2081	2531	4612	1.216
2026-09-04	463	1300	1763	2.808
2026-09-11	635	709	1344	1.117
2026-09-18	42344	67492	109836	1.594
2026-09-25	176	359	535	2.040
2026-10-02	18	92	110	5.111
2026-10-16	2139	981	3120	0.459
2026-11-20	72	182	254	2.528
2026-12-18	25967	33311	59278	1.283
2027-01-15	55013	53356	108369	0.970
2027-03-19	7307	14015	21322	1.918
2027-06-17	4342	2539	6881	0.585
2028-01-21	7300	14239	21539	1.951
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.