Delta Air Lines Inc. (DAL)
NYSE: DAL
· Real-Time Price · USD
60.45
-1.31 (-2.12%)
At close: Sep 09, 2025, 1:30 PM
DAL Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for DAL across all expirations is 742,107.66 shares per 1% move, with 1,149,087.23 from calls and 406,979.57 from puts. The put-call GEX ratio of 0.35 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 |
|---|---|---|---|---|
| Sep 12, 25 | 201,022.33 | -44,393.67 | 156,628.66 | 0.22 |
| Sep 19, 25 | 463,969.98 | -173,482.33 | 290,487.65 | 0.37 |
| Sep 26, 25 | 5,881.76 | -2,953.48 | 2,928.28 | 0.50 |
| Oct 3, 25 | 2,067.89 | -1,508.52 | 559.37 | 0.73 |
| Oct 10, 25 | 1,393.16 | -917.74 | 475.42 | 0.66 |
| Oct 17, 25 | 124,258.11 | -27,793.21 | 96,464.9 | 0.22 |
| Oct 24, 25 | 35.33 | -33.93 | 1.4 | 0.96 |
| Nov 21, 25 | 969.37 | -3,663.42 | -2,694.05 | 3.78 |
| Dec 19, 25 | 180,650.56 | -50,749.83 | 129,900.73 | 0.28 |
| Jan 16, 26 | 99,425.02 | -59,546.52 | 39,878.5 | 0.60 |
| Feb 20, 26 | 5,257.81 | -2,416.3 | 2,841.51 | 0.46 |
| Mar 20, 26 | 19,588.47 | -15,170.25 | 4,418.22 | 0.77 |
| Jun 18, 26 | 14,857.58 | -8,002.28 | 6,855.3 | 0.54 |
| Sep 18, 26 | 1,867.88 | -2,751.53 | -883.65 | 1.47 |
| Dec 18, 26 | 10,954.63 | -4,516.48 | 6,438.15 | 0.41 |
| Jan 15, 27 | 16,887.35 | -9,080.08 | 7,807.27 | 0.54 |