DAL Option Call 15-01-2027 43 Option on Delta Air Lines
DAL Stock | USD 63.48 0.71 1.13% |
DAL Option Call 15-01-2027 43 is a CALL option contract on Delta Air's common stock with a strick price of 43.0 expiring on 2027-01-15. The contract was last traded on 2024-10-28 at 10:39:33 for $20.1 and, as of today, has 765 days remaining before the expiration. The option is currently trading at a bid price of $26.35, and an ask price of $27.85. The implied volatility as of the 11th of December 2024 is 765.0.
Delta |
Call options on Delta Air give the investor right to buy Delta Stock at a specified price within a specific period. If Delta Air's price is above the strike price at expiry, the profit is the current Delta Air's stock price, minus the strike price and the premium.
Rule 16 of 2027-01-15 Option Contract
The options market is anticipating that Delta Air Lines will have an average daily up or down price movement of about 0.0322% per day over the life of the option. With Delta Air trading at USD 63.48, that is roughly USD 0.0204. If you think that the market is fully understating Delta Air's daily price movement you should consider buying Delta Air Lines options at that current volatility level of 0.52%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Delta Air
An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Delta Air positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Delta Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract Name | DAL Option Call 15-01-2027 43 |
Expires On | 2027-01-15 |
Days Before Expriration | 765 |
Last Traded On | 2024-10-28 10:39:33 |
Open Interest | 14 |
Current Trading Volume | 10.0 |
Strike Price | 43.0 |
Last Traded At | 20.1 |
Current Price Spread | 26.35 | 27.85 |
Rule 16 Daily Up or Down | USD 0.0204 |
Delta long CALL Option Payoff at expiration
Buying Delta Air's call option is the simplest of option trades. A call option on Delta Stock gives investors the right (but not the obligation) to purchase Delta Air at the given strike price. Therefore Delta Air's call intrinsic value or payoff at expiration depends on where the Delta Stock price is relative to the call option strike price. The strike price of 43.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Delta Air's price. Finally, at the break-even point of 43.0, the line crosses zero, and trading Delta becomes profitable.
Profit |
Delta Air Price At Expiration |
Delta short CALL Option Payoff at expiration
By selling Delta Air's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Delta Air will generally make money when the underlying price goes down. Therefore Delta Air's call intrinsic value or payoff at expiration depends on where the Delta Stock price is relative to the call option strike price. The strike price of 43.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Delta Air's price. Finally, at the break-even point of 43.0, the line crosses zero, and trading Delta becomes disadvantageous with no downside limits.
Profit |
Delta Air Price At Expiration |
Delta Air Lines Available Call Options
Delta Air's option chain is a display of a range of information that helps investors for ways to trade options on Delta. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Delta. It also shows strike prices and maturity days for a Delta Air against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open Int | Expiration | Current Spread | Last Price | |||
Call | DAL Option Call 13-12-2024 40 | 0 | 2024-12-13 | 0.0 - 0.0 | 24.47 | In |
Call | DAL Option Call 13-12-2024 45 | 0 | 2024-12-13 | 0.0 - 0.0 | 19.48 | In |
Call | DAL Option Call 13-12-2024 46 | 0 | 2024-12-13 | 0.0 - 0.0 | 21.37 | In |
Call | DAL Option Call 13-12-2024 47 | 0 | 2024-12-13 | 0.0 - 0.0 | 17.85 | In |
Call | DAL Option Call 13-12-2024 48 | 0 | 2024-12-13 | 0.0 - 0.0 | 15.25 | In |
Call | DAL Option Call 13-12-2024 49 | 0 | 2024-12-13 | 0.0 - 0.0 | 13.62 | In |
Call | DAL Option Call 13-12-2024 50 | 0 | 2024-12-13 | 0.0 - 0.0 | 16.0 | In |
Call | DAL Option Call 13-12-2024 51 | 0 | 2024-12-13 | 0.0 - 0.0 | 13.4 | In |
Call | DAL Option Call 13-12-2024 52 | 0 | 2024-12-13 | 0.0 - 0.0 | 12.4 | In |
Call | DAL Option Call 13-12-2024 53 | 0 | 2024-12-13 | 0.0 - 0.0 | 9.48 | In |
Call | DAL Option Call 13-12-2024 54 | 0 | 2024-12-13 | 0.0 - 0.0 | 10.95 | In |
Call | DAL Option Call 13-12-2024 55 | 0 | 2024-12-13 | 0.0 - 0.0 | 7.45 | In |
Call | DAL Option Call 13-12-2024 56 | 0 | 2024-12-13 | 0.0 - 0.0 | 7.22 | In |
Call | DAL Option Call 13-12-2024 57 | 0 | 2024-12-13 | 0.0 - 0.0 | 5.99 | In |
Call | DAL Option Call 13-12-2024 58 | 0 | 2024-12-13 | 0.0 - 0.0 | 7.14 | In |
Call | DAL Option Call 13-12-2024 59 | 0 | 2024-12-13 | 0.0 - 0.0 | 3.98 | In |
Call | DAL Option Call 13-12-2024 60 | 0 | 2024-12-13 | 0.0 - 0.0 | 2.87 | In |
Call | DAL Option Call 13-12-2024 61 | 0 | 2024-12-13 | 0.0 - 0.0 | 1.97 | In |
Call | DAL Option Call 13-12-2024 62 | 0 | 2024-12-13 | 0.0 - 0.0 | 1.31 | In |
Call | DAL Option Call 13-12-2024 63 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.9 | |
Call | DAL Option Call 13-12-2024 64 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.48 | |
Call | DAL Option Call 13-12-2024 65 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.24 | |
Call | DAL Option Call 13-12-2024 66 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.15 | |
Call | DAL Option Call 13-12-2024 67 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.05 | |
Call | DAL Option Call 13-12-2024 68 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.03 | |
Call | DAL Option Call 13-12-2024 69 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.01 | |
Call | DAL Option Call 13-12-2024 70 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.02 | |
Call | DAL Option Call 13-12-2024 71 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.01 | |
Call | DAL Option Call 13-12-2024 72 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.04 | |
Call | DAL Option Call 13-12-2024 73 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.01 | |
Call | DAL Option Call 13-12-2024 74 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.11 | |
Call | DAL Option Call 13-12-2024 75 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.03 | |
Call | DAL Option Call 13-12-2024 76 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.06 | |
Call | DAL Option Call 13-12-2024 77 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.02 |
Delta Air Corporate Directors
Sergio Rial | Independent Director | Profile | |
CHRISTOPHER HAZLETON | Independent Director | Profile | |
David DeWalt | Independent Director | Profile | |
Jeanne Jackson | Independent Director | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Air Lines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Delta Air. If investors know Delta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Delta Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.145 | Dividend Share 0.5 | Earnings Share 7.21 | Revenue Per Share 94.267 | Quarterly Revenue Growth 0.012 |
The market value of Delta Air Lines is measured differently than its book value, which is the value of Delta that is recorded on the company's balance sheet. Investors also form their own opinion of Delta Air's value that differs from its market value or its book value, called intrinsic value, which is Delta Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Delta Air's market value can be influenced by many factors that don't directly affect Delta Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Delta Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Delta Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delta Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.