American Airlines Group (AAL) Options Chain

NASDAQ: AALConsumer DiscretionaryAir Freight/Delivery ServicesUSD

12.76-0.04 (-0.31%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Oct 30, 2026
Days to expiration: 19
Share price: $12.76
Put/call ratio (OI): 0.74
Put/call ratio (volume): 1.06
ATM implied volatility: 49.7%
Expected move: ±$1.45
Open interest (C / P): 11.87K / 8.84K

AAL options summary

The AAL options chain for the October 30, 2026 expiration lists 23 call and 23 put contracts, with 19 days until expiration. Open interest stands at 11,872 calls and 8,841 puts, a put/call ratio of 0.74, which is fairly balanced between calls and puts. At-the-money implied volatility near the $13.00 strike is 49.7%, which implies the market expects a move of about ±$1.45 (11.3%) in American Airlines Group stock by expiration.

The most open interest sits at the $15.00 call (4.01K contracts) and the $12.50 put (1.90K contracts).

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

AAL options chain · October 30, 2026

AAL calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
59	23	449.6%	7.85	7.25	9.85	5.00	0.00	0.03	0.02	181.3%	—	1
20	1	209.0%	4.70	4.35	6.05	8.00	0.00	0.05	0.01	103.1%	20	24
21	2	176.6%	4.35	3.70	5.55	8.50	0.00	0.75	0.01	178.1%	—	2
6	1	154.3%	3.90	3.15	5.05	9.00	—	—	—	—	—	—
7	33	187.7%	3.60	2.60	5.35	9.50	0.00	0.05	0.08	69.5%	2	13
13	5	117.0%	3.14	1.30	4.85	10.00	0.01	0.05	0.02	61.7%	18	415
1	2	69.3%	2.53	1.23	3.50	10.50	0.01	0.05	0.03	50.8%	93	1,866
7	1	66.0%	1.69	1.08	2.77	11.00	0.05	0.09	0.07	50.4%	19	257
4	2	67.2%	2.21	1.04	2.06	11.50	0.09	0.13	0.16	48.0%	16	865
47	8	52.3%	0.99	0.53	1.59	12.00	0.22	0.25	0.23	47.5%	379	1,103
97	40	51.4%	0.72	0.69	0.80	12.50	0.39	0.45	0.43	48.4%	139	1,895
AAL $12.76
1,168	509	50.1%	0.49	0.43	0.49	13.00	0.64	0.72	0.68	49.2%	611	1,456
2,442	578	52.5%	0.29	0.24	0.34	13.50	0.75	1.22	1.10	65.0%	380	296
1,251	261	50.0%	0.16	0.15	0.19	14.00	1.23	1.47	1.37	54.3%	47	486
850	62	50.0%	0.09	0.08	0.14	14.50	1.17	2.07	1.94	75.6%	4	9
4,013	107	52.7%	0.06	0.05	0.10	15.00	1.91	3.65	2.36	107.0%	6	117
856	6	60.2%	0.06	0.02	0.13	15.50	2.30	3.85	2.57	95.9%	2	2
632	3	71.1%	0.04	0.02	0.17	16.00	2.80	4.60	3.43	118.4%	1	22
138	1	83.6%	0.09	0.00	0.25	16.50	2.92	5.80	3.88	143.8%	1	11
122	1	68.8%	0.04	0.00	0.07	17.00	3.80	5.70	3.95	140.8%	1	0
106	1	83.6%	0.07	0.00	0.13	17.50	4.30	6.80	4.69	179.5%	2	0
7	4	84.4%	0.01	0.00	0.10	18.00	4.80	7.30	4.65	187.5%	2	1
5	1	147.1%	0.01	0.00	0.75	18.50	—	—	—	—	—	—
—	—	—	—	—	—	19.00	5.65	7.70	5.57	161.1%	2	0
—	—	—	—	—	—	20.00	6.65	9.30	6.53	208.0%	1	0

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 30, 2026 expiration, the AAL put/call ratio based on open interest is 0.74 (8,841 puts vs 11,872 calls), and 1.06 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 30, 2026 is about 49.7%, 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 19 listed expiration dates, from Oct 16, 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.