Delta Air Lines Inc
Delta Air Lines Inc (DAL) Covered Calls
As of September 25, 2026, DAL has 180 covered call opportunities in the coming three months. Return ranges from 2.1 to 68.6% until expiration. Annualized return ranges from 10.9 to 925.1%. The nearest expiration is October 2, 2026. Maximum potential profit is $5,831.
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Running DAL covered calls helps you generate consistent income from Delta Air Lines Inc's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Delta Air Lines Inc involves holding the underlying stock and selling a call option against it, collecting premium in exchange for capping upside at the strike price. Use our scanner to find the best DAL covered calls in real time and filter for the strikes, expiries, and premiums that fit your strategy.
A covered call is one of the most widely used options strategies because it pairs limited risk with a clear income profile: if DAL stays below the strike at expiration, you keep the premium and the shares; if it rises above, you deliver the stock at the strike and still pocket the premium. Selling DAL covered calls works best when implied volatility is elevated, since richer premiums improve the risk-reward. Key inputs to evaluate include strike selection relative to delta, days to expiration, annualized return, and the probability of assignment — all of which determine whether a given Delta Air Lines Inc covered call is worth writing.
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Mexico City, London-Heathrow, Paris-Charles de Gaulle, and Seoul-Incheon. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app, reservations, online travel agencies, traditional brick and mortar, and other agencies.
It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers, as well as aircraft charters, and management and programs. The company operates through a fleet of approximately 1,200 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia.
Income-focused investors, long-term DAL holders, and systematic premium sellers all face the same challenge: finding the covered call strike and expiry that balances yield against the risk of being called away. Our scanner ranks covered calls by annualized return, downside protection, and probability of profit, so selling DAL covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Delta Air Lines Inc covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryAirlines
- SectorIndustrials
- IV percentile85.32% Elevated
- Market cap (M$)55,859
- 52 weeks high-11.22%
- 52 weeks low54.35%
- Analyst recommendationStrong Buy
1.33 - Target price$105.46
24.16% above the current stock price - Dividend—
- Payout ratio8.82%
- Earnings date2026-10-09
- P/E14.11
- Future P/E10.14
- EPS (ttm)6.02
- EPS growth next 5 years20.16%
As of September 25, 2026
| 2026-10-02 | 7 | 100.00 | 17.73 | 0.01 | 0.18 | 1507.00 | 17.74 | 925.12 | -0.01 | +0.03 | 61 | 0.17 |
| 2026-10-02 | 7 | 99.00 | 16.55 | 0.01 | 0.05 | 1407.00 | 16.56 | 863.73 | -0.01 | +0.01 | 37 | 0.04 |
| 2026-10-02 | 7 | 98.00 | 15.38 | 0.01 | 0.07 | 1307.00 | 15.39 | 802.34 | -0.01 | +0.02 | 62 | 0.06 |
| 2026-10-02 | 7 | 96.00 | 13.02 | 0.01 | 0.12 | 1107.00 | 13.03 | 679.56 | -0.01 | +0.03 | 10 | 0.11 |
| 2026-10-02 | 7 | 95.00 | 11.84 | 0.03 | 0.11 | 1009.00 | 11.88 | 619.40 | -0.04 | +0.04 | 25 | 0.08 |
| 2026-10-02 | 7 | 94.00 | 10.67 | 0.09 | 0.17 | 915.00 | 10.77 | 561.70 | -0.11 | +0.06 | 19 | 0.08 |
| 2026-10-16 | 21 | 110.00 | 29.50 | 0.01 | 0.21 | 2507.00 | 29.51 | 513.00 | -0.01 | +0.03 | 28 | 0.20 |
| 2026-10-02 | 7 | 93.00 | 9.49 | 0.09 | 0.16 | 815.00 | 9.60 | 500.31 | -0.11 | +0.06 | 36 | 0.07 |
| 2026-10-09 | 14 | 100.00 | 17.73 | 0.09 | 0.31 | 1515.00 | 17.84 | 465.01 | -0.11 | +0.06 | 88 | 0.22 |
| 2026-10-02 | 7 | 92.00 | 8.31 | 0.13 | 0.44 | 719.00 | 8.46 | 441.38 | -0.15 | +0.11 | 147 | 0.31 |
As of September 25, 2026
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