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.
  
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 NameDAL Option Call 15-01-2027 43
Expires On2027-01-15
Days Before Expriration765
Last Traded On2024-10-28 10:39:33
Open Interest14
Current Trading Volume10.0
Strike Price43.0
Last Traded At20.1
Current Price Spread26.35 | 27.85
Rule 16 Daily Up or DownUSD 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  
View All Delta Air Options

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 IntExpirationCurrent SpreadLast Price
Call
DAL Option Call 13-12-2024 4002024-12-130.0 - 0.024.47In
Call
DAL Option Call 13-12-2024 4502024-12-130.0 - 0.019.48In
Call
DAL Option Call 13-12-2024 4602024-12-130.0 - 0.021.37In
Call
DAL Option Call 13-12-2024 4702024-12-130.0 - 0.017.85In
Call
DAL Option Call 13-12-2024 4802024-12-130.0 - 0.015.25In
Call
DAL Option Call 13-12-2024 4902024-12-130.0 - 0.013.62In
Call
DAL Option Call 13-12-2024 5002024-12-130.0 - 0.016.0In
Call
DAL Option Call 13-12-2024 5102024-12-130.0 - 0.013.4In
Call
DAL Option Call 13-12-2024 5202024-12-130.0 - 0.012.4In
Call
DAL Option Call 13-12-2024 5302024-12-130.0 - 0.09.48In
Call
DAL Option Call 13-12-2024 5402024-12-130.0 - 0.010.95In
Call
DAL Option Call 13-12-2024 5502024-12-130.0 - 0.07.45In
Call
DAL Option Call 13-12-2024 5602024-12-130.0 - 0.07.22In
Call
DAL Option Call 13-12-2024 5702024-12-130.0 - 0.05.99In
Call
DAL Option Call 13-12-2024 5802024-12-130.0 - 0.07.14In
Call
DAL Option Call 13-12-2024 5902024-12-130.0 - 0.03.98In
Call
DAL Option Call 13-12-2024 6002024-12-130.0 - 0.02.87In
Call
DAL Option Call 13-12-2024 6102024-12-130.0 - 0.01.97In
Call
DAL Option Call 13-12-2024 6202024-12-130.0 - 0.01.31In
Call
DAL Option Call 13-12-2024 6302024-12-130.0 - 0.00.9Out
Call
DAL Option Call 13-12-2024 6402024-12-130.0 - 0.00.48Out
Call
DAL Option Call 13-12-2024 6502024-12-130.0 - 0.00.24Out
Call
DAL Option Call 13-12-2024 6602024-12-130.0 - 0.00.15Out
Call
DAL Option Call 13-12-2024 6702024-12-130.0 - 0.00.05Out
Call
DAL Option Call 13-12-2024 6802024-12-130.0 - 0.00.03Out
Call
DAL Option Call 13-12-2024 6902024-12-130.0 - 0.00.01Out
Call
DAL Option Call 13-12-2024 7002024-12-130.0 - 0.00.02Out
Call
DAL Option Call 13-12-2024 7102024-12-130.0 - 0.00.01Out
Call
DAL Option Call 13-12-2024 7202024-12-130.0 - 0.00.04Out
Call
DAL Option Call 13-12-2024 7302024-12-130.0 - 0.00.01Out
Call
DAL Option Call 13-12-2024 7402024-12-130.0 - 0.00.11Out
Call
DAL Option Call 13-12-2024 7502024-12-130.0 - 0.00.03Out
Call
DAL Option Call 13-12-2024 7602024-12-130.0 - 0.00.06Out
Call
DAL Option Call 13-12-2024 7702024-12-130.0 - 0.00.02Out

Delta Air Corporate Directors

Sergio RialIndependent DirectorProfile
CHRISTOPHER HAZLETONIndependent DirectorProfile
David DeWaltIndependent DirectorProfile
Jeanne JacksonIndependent DirectorProfile
When determining whether Delta Air Lines is a strong investment it is important to analyze Delta Air's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Delta Air's future performance. For an informed investment choice regarding Delta Stock, refer to the following important reports:
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.