601.03K calls and 14.5K puts traded on Nov 4, 2026, 615.53K contracts in total. Open interest was 650.74K contracts. Over the past 30 days, volume averaged 74.57K contracts per day. The DAL option volume chart shows volume by strike and expiration date.

Delta Air Lines IV rank is 36, so its 30-day implied volatility of 43.0% is in the lower part of its one-year range. Over the past year it ranged from 31.3% on Dec 10, 2025 to 63.5% on Mar 30, 2026. See the DAL implied volatility history for a longer view.

The Delta Air Lines put/call volume ratio was 0.02 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 0.43. The DAL open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Delta Air Lines options about one week from expiration was $80.00, 10.4% below the $89.25 close. The DAL max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 47.7%, options price a move of about ±$5.89 (±6.6%) over the next week, a range of roughly $83.36 to $95.14 from the Nov 4, 2026 close. The DAL expected move chart shows it for every expiration date.