Delta (DAL) Q2 passenger revenue per available seat mile (cents)?

According to the latest prediction market data for the query “Delta (DAL) Q2 passenger revenue per available seat mile (cents)?”, traders have formed a strong consensus.

Currently, 21¢+ is dominating the market with an overwhelming 51.5% chance of winning. 18¢–19¢ follows in second place at 48.5%, while 19¢–20¢ sits in third with 48.5%. The betting volume for this specific market has already reached $19.8K, reflecting intense industry interest.

To better assess where each potential outcome stands, the market can be segmented into three distinct trading tiers based on implied probability and contract pricing:

🥇 Tier 1: The Dominant Leader

• 21¢+ (51.5%): Currently commanding the highest probability, 21¢+ is heavily favored by the order book. Traders looking to back this outcome face a “Buy Yes” contract price of 52¢, signaling a high degree of market conviction. This contract alone has generated $1.1K in volume.

🥈 Tier 2: The Primary Challengers

• 18¢–19¢ (48.5%): Positioned as the most viable alternative, 18¢–19¢ maintains a 48.5% chance of resolving true. Its “Buy Yes” shares currently trade at 49¢.
• 19¢–20¢ (48.5%): Sitting in third place with a 48.5% probability, the market shows measured skepticism toward 19¢–20¢, treating it as an outside wildcard unless momentum shifts.

🥉 Tier 3: The Long-Tail Options (Combining for ~0%)

Beyond the top three choices, a wide field of macro variables and long-shot outcomes are being tracked. While their individual probabilities hover low, they represent crucial hedges for speculative traders:

• Alternative Options: This includes 20¢–21¢ (48%), and <18¢ (12%).
• Speculative Volume: Despite low statistical likelihood, certain long-tail contracts like 20¢–21¢ are still attracting notable interest.

This market will resolve according to Delta's announced passenger revenue per available seat mile (PRASM), reported in cents, for the upcoming second fiscal quarter, as reported in its official company earnings materials. The company trades under the ticker DAL as of the creation of this market.

The specified metric will be considered as reported in the company's official earnings materials. Subsequent revisions will not be considered.

If the specified company's official earnings materials for the specified quarter are released, and the specified metric is not included, this market will resolve to the lowest bracket.

If the specified company does not release quarterly earnings materials for the specified quarter by August 31, 2026, 11:59 PM ET, this market will resolve to the lowest bracket.

If the reported value falls exactly between two brackets, this market will resolve to the higher range bracket.

If the specified metric is reported as a range rather than a specific number, the midpoint of the range will be used for resolution of this market.

The resolution source for this market is Delta's official company earnings materials, including press releases, investor presentations, and regulatory filings. If the specified metric is not reported in these materials, recordings or transcripts of the company's earnings webcast may also be used.

Note: This market will resolve based on the most numerically precise version of the specified metric reported in the company's official earnings materials. Only the specified metric will be considered; alternate versions that differ in definition or scope from the specified metric will not be considered.

While human consensus and speculative volume shape the broader prediction market, our quantitative algorithms offer a data-driven counter-perspective. By analyzing fundamental signals, underlying trends and historical distributions, our AI Valuation model calculates an independent “Fair Value” probability for each outcome.

Comparing this Fair Value against the current Trade Value uncovers major disparities — known as the Expected Value (EV) Gap. Contracts with a positive EV Gap represent statistically underpriced outcomes, whereas a negative EV Gap flags a potential market overreaction.

Top AI Alpha & Mispriced Arbitrage Opportunities

Based on the latest data model run, several key contracts stand out with significant deviations:

• The Most Overvalued Outcome 21¢+ currently trades at 51.5%, but our AI places its Fair Value at just 2.3%. This creates a large negative EV Gap of -49.2%, suggesting the crowd may be overhyping this outcome and driving the premium too high.
• The Best Value Play (Highest EV) Our model identifies <18¢ as the premium value opportunity on the board. While the market only assigns it a 12% trading probability, our AI’s Fair Value assessment sits at 21.8% — yielding an impressive +9.8% EV Gap.