MetaCap

American Airlines Group (AAL) Options Chain

NASDAQ: AALConsumer DiscretionaryAir Freight/Delivery ServicesUSD

12.80-0.05 (-0.39%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

Pre-market: 12.71 -0.70%

Expiration date

Expiration
Oct 9, 2026
Days to expiration
0
Share price
$12.80
Put/call ratio (OI)
9757.33
Put/call ratio (volume)
1.24
Expected move
±$0.0837
Open interest (C / P)
3 / 29.27K

AAL options summary

The AAL options chain for the October 9, 2026 expiration lists 26 call and 30 put contracts, expiring today. Open interest stands at 3 calls and 29,272 puts, a put/call ratio of 9757.33, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $13.00 strike is 12.5%, which implies the market expects a move of about ±$0.0837 (0.7%) in American Airlines Group stock by expiration.

The most open interest sits at the $22.00 call (3 contracts) and the $11.50 put (17.41K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

AAL options chain · October 9, 2026

AAL calls and puts by strike price. Shaded cells are in the money.
CallsPuts
LastBidAskStrikeBidAskLast
7.750.000.005.000.000.000.01
6.730.000.006.000.000.000.06
5.750.000.007.000.000.000.07
4.800.000.008.000.000.000.02
3.720.000.009.000.000.000.02
3.230.000.009.500.000.000.07
2.740.000.0010.000.000.000.02
2.270.000.0010.500.000.000.02
1.760.000.0011.000.000.000.01
1.270.000.0011.500.000.000.01
0.760.000.0012.000.000.000.02
0.400.000.0012.500.000.000.10
0.150.000.0013.000.000.000.32
0.030.000.0013.500.000.000.71
0.030.000.0014.000.000.001.34
0.010.000.0014.500.000.001.89
0.010.000.0015.000.000.002.31
0.010.000.0015.500.000.002.83
0.010.000.0016.000.000.003.27
0.010.000.0016.500.000.003.82
0.050.000.0017.000.000.004.25
0.010.000.0017.500.000.004.80
0.010.000.0018.000.000.005.25
———18.500.000.005.80
———19.000.000.006.27
———19.500.000.006.85
———20.000.000.007.31
0.470.000.0021.000.000.008.34
0.110.000.0022.000.000.009.32
0.060.000.0023.000.000.0010.23

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the AAL put/call ratio?

For the October 9, 2026 expiration, the AAL put/call ratio based on open interest is 9757.33 (29,272 puts vs 3 calls), and 1.24 based on today's volume. A ratio above 1 means more puts than calls.

What is AAL's implied volatility?

At-the-money implied volatility for AAL options expiring October 9, 2026 is about 12.5%, an annualized estimate of how much the market expects American Airlines Group stock to move.

How many AAL option expiration dates are there?

AAL has 20 listed expiration dates, from Oct 9, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.

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