AAL · American Airlines Group Inc.

Track AAL — free Ask ALVIS about AAL

$16.03 -0.55 (-3.32%) At close · Aug 6

Market Cap

$10.61B

661.97M

Options Chain

15-min delayed Underlying $16.03 · at close Aug 6, 2026 Options Calculator

Positioning

Aug 7, 2026 · expires today · 70 contracts

Put / call OI

1.07

Balanced positioning

Open interest

47,928

contracts outstanding

Volume

15,715

traded today

Max pain

$16.00

$0.03 below spot

ATM implied vol

60.4%

market's expected move

Open interest by strike · near the money

Calls Puts

9.5

10.5

11.5

12.5

13.5

14.5

15.5

16.5

17.5

18.5

19.5

20.5

21.5

22.5

23.5

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Aug 7 0d Aug 14 7d Aug 21 14d Aug 28 21d Sep 4 28d Sep 11 35d Sep 18 42d Sep 25 49d Nov 20 105d Dec 18 133d Jan 15 161d Feb 19 196d Mar 19 224d Jun 17 314d Sep 17 406d Dec 17 497d Jan 21 532d Dec 15 861d

Calls						Puts
OI	Vol	IV	Δ	Last	Strike	Last	Δ	IV	Vol	OI
319	48	1771.2%	0.971	$11.00		$0.01	—	—	1	2
Call · $5 In the money Last $11.00 Breakeven $16.00 Implied vol 1771.2% Delta 0.971 ≈97% ITM Gamma 0.005 Theta -0.593 Vega 0 Open interest 319 Model this call Put · $5 Last $0.01 Breakeven $4.99 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 Model this put
204	257	1403.6%	0.971	$10.05		$0.01	—	—	2	2
Call · $6 In the money Last $10.05 Breakeven $16.05 Implied vol 1403.6% Delta 0.971 ≈97% ITM Gamma 0.007 Theta -0.462 Vega 0 Open interest 204 Model this call Put · $6 Last $0.01 Breakeven $5.99 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 Model this put
86	269	1729.9%	0.93	$9.00		$0.05	—	—	7	6
Call · $7 In the money Last $9.00 Breakeven $16.00 Implied vol 1729.9% Delta 0.93 ≈93% ITM Gamma 0.011 Theta -1.176 Vega 0.001 Open interest 86 Model this call Put · $7 Last $0.05 Breakeven $6.95 Implied vol — Delta — Gamma — Theta — Vega — Open interest 6 Model this put
535	224	1490%	0.918	$8.52		—	—	—	—	0
Call · $8 In the money Last $8.52 Breakeven $16.52 Implied vol 1490% Delta 0.918 ≈92% ITM Gamma 0.014 Theta -1.137 Vega 0.001 Open interest 535 Model this call Put · $8 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
366	193	1244.4%	0.908	$7.56		$0.02	-0.014	635.4%	1	20
Call · $9 In the money Last $7.56 Breakeven $16.56 Implied vol 1244.4% Delta 0.908 ≈91% ITM Gamma 0.019 Theta -1.03 Vega 0.001 Open interest 366 Model this call Put · $9 Last $0.02 Breakeven $8.98 Implied vol 635.4% Delta -0.014 ≈1% ITM Gamma 0.008 Theta -0.111 Vega 0 Open interest 20 Model this put
31	53	897.5%	0.935	$6.43		$0.08	—	—	4	6
Call · $9.5 In the money Last $6.43 Breakeven $15.93 Implied vol 897.5% Delta 0.935 ≈93% ITM Gamma 0.02 Theta -0.566 Vega 0.001 Open interest 31 Model this call Put · $9.5 Last $0.08 Breakeven $9.42 Implied vol — Delta — Gamma — Theta — Vega — Open interest 6 Model this put
141	70	677.7%	0.958	$6.12		$0.01	—	—	1	3
Call · $10 In the money Last $6.12 Breakeven $16.12 Implied vol 677.7% Delta 0.958 ≈96% ITM Gamma 0.019 Theta -0.303 Vega 0.001 Open interest 141 Model this call Put · $10 Last $0.01 Breakeven $9.99 Implied vol — Delta — Gamma — Theta — Vega — Open interest 3 Model this put
51	86	732.6%	0.928	$5.73		$0.05	—	—	4	2
Call · $10.5 In the money Last $5.73 Breakeven $16.23 Implied vol 732.6% Delta 0.928 ≈93% ITM Gamma 0.026 Theta -0.497 Vega 0.001 Open interest 51 Model this call Put · $10.5 Last $0.05 Breakeven $10.45 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 Model this put
47	50	692.8%	0.916	$5.27		$0.03	-0.023	454.2%	1	37
Call · $11 In the money Last $5.27 Breakeven $16.27 Implied vol 692.8% Delta 0.916 ≈92% ITM Gamma 0.031 Theta -0.532 Vega 0.001 Open interest 47 Model this call Put · $11 Last $0.03 Breakeven $10.97 Implied vol 454.2% Delta -0.023 ≈2% ITM Gamma 0.017 Theta -0.123 Vega 0 Open interest 37 Model this put
4	34	711%	0.888	$4.86		$0.05	-0.043	466.4%	2	47
Call · $11.5 In the money Last $4.86 Breakeven $16.36 Implied vol 711% Delta 0.888 ≈89% ITM Gamma 0.038 Theta -0.678 Vega 0.002 Open interest 4 Model this call Put · $11.5 Last $0.05 Breakeven $11.45 Implied vol 466.4% Delta -0.043 ≈4% ITM Gamma 0.028 Theta -0.212 Vega 0.001 Open interest 47 Model this put
32	24	703.1%	0.861	$4.44		$0.04	-0.043	402%	5	542
Call · $12 In the money Last $4.44 Breakeven $16.44 Implied vol 703.1% Delta 0.861 ≈86% ITM Gamma 0.044 Theta -0.777 Vega 0.002 Open interest 32 Model this call Put · $12 Last $0.04 Breakeven $11.96 Implied vol 402% Delta -0.043 ≈4% ITM Gamma 0.032 Theta -0.182 Vega 0.001 Open interest 542 Model this put
73	21	650%	0.843	$3.70		$0.01	-0.019	280.8%	6	586
Call · $12.5 In the money Last $3.70 Breakeven $16.20 Implied vol 650% Delta 0.843 ≈84% ITM Gamma 0.052 Theta -0.78 Vega 0.002 Open interest 73 Model this call Put · $12.5 Last $0.01 Breakeven $12.49 Implied vol 280.8% Delta -0.019 ≈2% ITM Gamma 0.023 Theta -0.065 Vega 0 Open interest 586 Model this put
129	8	372.8%	0.911	$3.30		$0.02	-0.064	329.4%	10	1.1k
Call · $13 In the money Last $3.30 Breakeven $16.30 Implied vol 372.8% Delta 0.911 ≈91% ITM Gamma 0.061 Theta -0.298 Vega 0.001 Open interest 129 Model this call Put · $13 Last $0.02 Breakeven $12.98 Implied vol 329.4% Delta -0.064 ≈6% ITM Gamma 0.054 Theta -0.206 Vega 0.001 Open interest 1.1k Model this put
82	7	309.6%	0.906	$2.44		$0.02	-0.037	224%	1	2.7k
Call · $13.5 In the money Last $2.44 Breakeven $15.94 Implied vol 309.6% Delta 0.906 ≈91% ITM Gamma 0.076 Theta -0.258 Vega 0.001 Open interest 82 Model this call Put · $13.5 Last $0.02 Breakeven $13.48 Implied vol 224% Delta -0.037 ≈4% ITM Gamma 0.051 Theta -0.089 Vega 0.001 Open interest 2.7k Model this put
269	32	—	—	$2.09		$0.01	-0.05	191.2%	2	3k
Call · $14 In the money Last $2.09 Breakeven $16.09 Implied vol — Delta — Gamma — Theta — Vega — Open interest 269 Model this call Put · $14 Last $0.01 Breakeven $13.99 Implied vol 191.2% Delta -0.05 ≈5% ITM Gamma 0.076 Theta -0.098 Vega 0.001 Open interest 3k Model this put
1k	44	—	—	$1.53		$0.01	-0.038	130.6%	10	2.4k
Call · $14.5 In the money Last $1.53 Breakeven $16.03 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1k Model this call Put · $14.5 Last $0.01 Breakeven $14.49 Implied vol 130.6% Delta -0.038 ≈4% ITM Gamma 0.089 Theta -0.054 Vega 0.001 Open interest 2.4k Model this put
943	64	137%	0.873	$1.19		$0.01	-0.072	105.4%	147	3.4k
Call · $15 In the money Last $1.19 Breakeven $16.19 Implied vol 137% Delta 0.873 ≈87% ITM Gamma 0.218 Theta -0.145 Vega 0.002 Open interest 943 Model this call Put · $15 Last $0.01 Breakeven $14.99 Implied vol 105.4% Delta -0.072 ≈7% ITM Gamma 0.185 Theta -0.072 Vega 0.001 Open interest 3.4k Model this put
1.1k	31	112.9%	0.758	$0.48		$0.04	-0.124	67.3%	766	2.6k
Call · $15.5 In the money Last $0.48 Breakeven $15.98 Implied vol 112.9% Delta 0.758 ≈76% ITM Gamma 0.393 Theta -0.178 Vega 0.002 Open interest 1.1k Model this call Put · $15.5 Last $0.04 Breakeven $15.46 Implied vol 67.3% Delta -0.124 ≈12% ITM Gamma 0.435 Theta -0.069 Vega 0.001 Open interest 2.6k Model this put
3.5k	501	57.5%	0.535	$0.19		$0.17	-0.467	63.3%	1.8k	4.7k
Call · $16 In the money Last $0.19 Breakeven $16.19 Implied vol 57.5% Delta 0.535 ≈54% ITM Gamma 0.983 Theta -0.115 Vega 0.003 Open interest 3.5k Model this call Put · $16 Last $0.17 Breakeven $15.83 Implied vol 63.3% Delta -0.467 ≈47% ITM Gamma 0.895 Theta -0.125 Vega 0.003 Open interest 4.7k Model this put
Underlying $16.03
5.1k	4.3k	62.5%	0.151	$0.03		$0.52	-0.807	73.5%	778	1.6k
Call · $16.5 Last $0.03 Breakeven $16.53 Implied vol 62.5% Delta 0.151 ≈15% ITM Gamma 0.532 Theta -0.073 Vega 0.002 Open interest 5.1k Model this call Put · $16.5 In the money Last $0.52 Breakeven $15.98 Implied vol 73.5% Delta -0.807 ≈81% ITM Gamma 0.528 Theta -0.099 Vega 0.002 Open interest 1.6k Model this put
4k	4.1k	83.7%	0.058	$0.01		$0.91	—	—	324	609
Call · $17 Last $0.01 Breakeven $17.01 Implied vol 83.7% Delta 0.058 ≈6% ITM Gamma 0.196 Theta -0.049 Vega 0.001 Open interest 4k Model this call Put · $17 In the money Last $0.91 Breakeven $16.09 Implied vol — Delta — Gamma — Theta — Vega — Open interest 609 Model this put
1.9k	521	121.5%	0.054	$0.01		$1.34	-0.665	384.3%	186	1.3k
Call · $17.5 Last $0.01 Breakeven $17.51 Implied vol 121.5% Delta 0.054 ≈5% ITM Gamma 0.128 Theta -0.066 Vega 0.001 Open interest 1.9k Model this call Put · $17.5 In the money Last $1.34 Breakeven $16.16 Implied vol 384.3% Delta -0.665 ≈66% ITM Gamma 0.134 Theta -0.696 Vega 0.003 Open interest 1.3k Model this put
1.4k	16	367.3%	0.262	$0.01		$1.82	-0.87	223.6%	117	75
Call · $18 Last $0.01 Breakeven $18.01 Implied vol 367.3% Delta 0.262 ≈26% ITM Gamma 0.127 Theta -0.603 Vega 0.003 Open interest 1.4k Model this call Put · $18 In the money Last $1.82 Breakeven $16.18 Implied vol 223.6% Delta -0.87 ≈87% ITM Gamma 0.135 Theta -0.236 Vega 0.001 Open interest 75 Model this put
1.1k	182	242.1%	0.1	$0.01		$2.49	—	—	28	11
Call · $18.5 Last $0.01 Breakeven $18.51 Implied vol 242.1% Delta 0.1 ≈10% ITM Gamma 0.102 Theta -0.211 Vega 0.001 Open interest 1.1k Model this call Put · $18.5 In the money Last $2.49 Breakeven $16.01 Implied vol — Delta — Gamma — Theta — Vega — Open interest 11 Model this put
206	1	253.9%	0.071	$0.01		$2.95	-0.794	417.4%	99	30
Call · $19 Last $0.01 Breakeven $19.01 Implied vol 253.9% Delta 0.071 ≈7% ITM Gamma 0.076 Theta -0.172 Vega 0.001 Open interest 206 Model this call Put · $19 In the money Last $2.95 Breakeven $16.05 Implied vol 417.4% Delta -0.794 ≈79% ITM Gamma 0.096 Theta -0.589 Vega 0.002 Open interest 30 Model this put
14	3	221.6%	0.025	$0.01		$3.66	-0.804	460.2%	1	4
Call · $19.5 Last $0.01 Breakeven $19.51 Implied vol 221.6% Delta 0.025 ≈3% ITM Gamma 0.037 Theta -0.064 Vega 0 Open interest 14 Model this call Put · $19.5 In the money Last $3.66 Breakeven $15.84 Implied vol 460.2% Delta -0.804 ≈80% ITM Gamma 0.085 Theta -0.631 Vega 0.002 Open interest 4 Model this put
135	4	375.1%	0.106	$0.01		$4.12	-0.729	664.5%	2	2
Call · $20 Last $0.01 Breakeven $20.01 Implied vol 375.1% Delta 0.106 ≈11% ITM Gamma 0.069 Theta -0.341 Vega 0.001 Open interest 135 Model this call Put · $20 In the money Last $4.12 Breakeven $15.88 Implied vol 664.5% Delta -0.729 ≈73% ITM Gamma 0.071 Theta -1.107 Vega 0.002 Open interest 2 Model this put
25	15	303.5%	0.036	$0.25		$4.53	-0.795	580.4%	1	0
Call · $20.5 Last $0.25 Breakeven $20.75 Implied vol 303.5% Delta 0.036 ≈4% ITM Gamma 0.037 Theta -0.121 Vega 0.001 Open interest 25 Model this call Put · $20.5 In the money Last $4.53 Breakeven $15.97 Implied vol 580.4% Delta -0.795 ≈79% ITM Gamma 0.069 Theta -0.817 Vega 0.002 Open interest 0 Model this put
34	3	445.7%	0.102	$0.01		$5.46	-0.823	580.2%	23	1
Call · $21 Last $0.01 Breakeven $21.01 Implied vol 445.7% Delta 0.102 ≈10% ITM Gamma 0.056 Theta -0.393 Vega 0.001 Open interest 34 Model this call Put · $21 In the money Last $5.46 Breakeven $15.54 Implied vol 580.2% Delta -0.823 ≈82% ITM Gamma 0.063 Theta -0.751 Vega 0.002 Open interest 1 Model this put
21	2	491.8%	0.108	$0.16		$5.87	-0.816	637.5%	21	4
Call · $21.5 Last $0.16 Breakeven $21.66 Implied vol 491.8% Delta 0.108 ≈11% ITM Gamma 0.053 Theta -0.452 Vega 0.001 Open interest 21 Model this call Put · $21.5 In the money Last $5.87 Breakeven $15.63 Implied vol 637.5% Delta -0.816 ≈82% ITM Gamma 0.059 Theta -0.844 Vega 0.002 Open interest 4 Model this put
62	15	713.7%	0.2	$0.01		$5.95	-0.749	831.3%	3	4
Call · $22 Last $0.01 Breakeven $22.01 Implied vol 713.7% Delta 0.2 ≈20% ITM Gamma 0.055 Theta -0.994 Vega 0.002 Open interest 62 Model this call Put · $22 In the money Last $5.95 Breakeven $16.05 Implied vol 831.3% Delta -0.749 ≈75% ITM Gamma 0.054 Theta -1.317 Vega 0.002 Open interest 4 Model this put
101	1	537.2%	0.094	$0.01		$6.97	-0.804	748.7%	30	21
Call · $22.5 Last $0.01 Breakeven $22.51 Implied vol 537.2% Delta 0.094 ≈9% ITM Gamma 0.044 Theta -0.449 Vega 0.001 Open interest 101 Model this call Put · $22.5 In the money Last $6.97 Breakeven $15.53 Implied vol 748.7% Delta -0.804 ≈80% ITM Gamma 0.052 Theta -1.028 Vega 0.002 Open interest 21 Model this put
0	—	—	—	—		$7.38	-0.832	732.6%	99	1
Call · $23 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $23 In the money Last $7.38 Breakeven $15.62 Implied vol 732.6% Delta -0.832 ≈83% ITM Gamma 0.049 Theta -0.923 Vega 0.001 Open interest 1 Model this put
14	1	756.5%	0.163	$0.03		$7.42	-0.831	774%	77	1
Call · $23.5 Last $0.03 Breakeven $23.53 Implied vol 756.5% Delta 0.163 ≈16% ITM Gamma 0.046 Theta -0.935 Vega 0.002 Open interest 14 Model this call Put · $23.5 In the money Last $7.42 Breakeven $16.08 Implied vol 774% Delta -0.831 ≈83% ITM Gamma 0.047 Theta -0.981 Vega 0.002 Open interest 1 Model this put
52	2	500.2%	0.041	$0.01		$7.79	-0.784	918.3%	1	0
Call · $24 Last $0.01 Breakeven $24.01 Implied vol 500.2% Delta 0.041 ≈4% ITM Gamma 0.025 Theta -0.218 Vega 0.001 Open interest 52 Model this call Put · $24 In the money Last $7.79 Breakeven $16.21 Implied vol 918.3% Delta -0.784 ≈78% ITM Gamma 0.045 Theta -1.335 Vega 0.002 Open interest 0 Model this put

About this data

Greeks, implied volatility, open interest and the last price come from the latest daily snapshot and are 15-minute delayed. Bid and ask are not included on this plan.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown. The 25 strikes around the money are shown by default — switch to "All 35" for the wings. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.

Key facts CIK 6201 CUSIP 02376R102 13F (30d) 260 filings 235 filers Visit website Investor relations