Delta Air Lines Inc. (DAL)
NYSE: DAL
· Real-Time Price · USD
57.26
0.18 (0.32%)
At close: Oct 03, 2025, 3:59 PM
57.45
0.33%
After-hours: Oct 03, 2025, 07:59 PM EDT
DAL Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for DAL across all expirations is 515,471.03 shares per 1% move, with 831,557.35 from calls and 316,086.32 from puts. The put-call GEX ratio of 0.38 shows call-heavy positioning, potentially creating volatility as market makers hedge by selling into strength and buying weakness.
DAL GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Oct 10, 25 | 38,836.83 | -20,356.37 | 18,480.46 | 0.52 |
| Oct 17, 25 | 190,963.31 | -61,894.67 | 129,068.64 | 0.32 |
| Oct 24, 25 | 10,103.81 | -3,137.97 | 6,965.84 | 0.31 |
| Oct 31, 25 | 93,044.51 | -2,422.6 | 90,621.91 | 0.03 |
| Nov 7, 25 | 1,132.63 | -761.35 | 371.28 | 0.67 |
| Nov 14, 25 | 202.46 | -37.38 | 165.08 | 0.18 |
| Nov 21, 25 | 72,772.43 | -29,373.34 | 43,399.09 | 0.40 |
| Dec 19, 25 | 194,350.53 | -67,967.51 | 126,383.02 | 0.35 |
| Jan 16, 26 | 134,980.46 | -69,524.88 | 65,455.58 | 0.52 |
| Feb 20, 26 | 8,182.04 | -5,992.69 | 2,189.35 | 0.73 |
| Mar 20, 26 | 32,529 | -24,697.56 | 7,831.44 | 0.76 |
| May 15, 26 | 0 | -0.46 | -0.46 | n/a |
| Jun 18, 26 | 20,566.25 | -9,854.37 | 10,711.88 | 0.48 |
| Sep 18, 26 | 2,710.02 | -3,905.23 | -1,195.21 | 1.44 |
| Dec 18, 26 | 11,224.06 | -4,860.02 | 6,364.04 | 0.43 |
| Jan 15, 27 | 19,659 | -10,429.65 | 9,229.35 | 0.53 |
| Jan 21, 28 | 300.01 | -870.27 | -570.26 | 2.90 |