Tour v452
ALK
ALASKA AIR GROUP INC
$48.61 +2.34%
$48.80 (+0.39%)🌙
as of 07/28 06:07 PM
7/28 18:07

Option Volume

Detail
Current (07/28) 1,570
Calls: 985 (63%)
Puts: 585 (37%)
Prior (07/27) 1,391
Calls: 388 (28%)
Puts: 1,003 (72%)
Current vs Prior +12.87%
Calls: +153.87% (Calls)
Puts: -41.67% (Puts)
Prior 7-Day Total 22,836
Calls: 12,460 (55%)
Puts: 10,376 (45%)
Prior 7-Day Average 3,262
Calls: 1,780 (55%)
Puts: 1,482 (45%)
Current vs Prior 7-Day Avg -51.87%
Calls: -44.66%
Puts: -60.53%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/28) $543.6K
Calls: $419.1K (77%)
Puts: $124.5K (23%)
Prior (07/27) $338.4K
Calls: $139.6K (41%)
Puts: $198.8K (59%)
Current vs Prior +60.64%
Calls: +200.16%
Puts: -37.35%
Prior 7-Day Total $6.01M
Calls: $3.73M (62%)
Puts: $2.28M (38%)
Prior 7-Day Average $858.1K
Calls: $533.0K (62%)
Puts: $325.1K (38%)
Current vs Prior 7-Day Avg -36.66%
Calls: -21.38%
Puts: -61.70%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/28) 0.59
Prior (07/27) 2.59
Current vs Prior -77.03%
Prior 7-Day Average 1.12
Current vs Prior 7-Day Avg -46.98%
Sentiment BULLISH

Open Interest

Detail
Current (07/28) 96,040
Calls: 65,684 (68%)
Puts: 30,356 (32%)
Prior (07/27) 95,644
Calls: 65,527 (69%)
Puts: 30,117 (31%)
Current vs Prior +0.41%
Prior 7-Day Total 608,918
Calls: 435,010 (71%)
Puts: 173,908 (29%)
Prior 7-Day Average 86,988
Calls: 62,144 (71%)
Puts: 24,844 (29%)
Current vs Prior 7-Day Avg +10.41%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 11.38% | 16.56%
Prior 12.00% | 16.74%
Current vs Prior -5.20% | -1.05%
Prior 7-Day Avg 13.64% | 18.37%
Current vs 7-Day Avg -16.57% | -9.83%
Prior 7-Day Eod 12.00% | 16.74%
Current vs 7-Day Eod -5.20% | -1.05%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 5.46% | 8.18%
Calls: 7.41% | 5.83%
Puts: 3.51% | 10.53%
Prior 5.46% | 8.18%
Calls: 7.41% | 5.83%
Puts: 3.51% | 10.53%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 6.39% | 7.95%
Calls: 8.24% | 6.81%
Puts: 4.53% | 9.09%
Current vs 7-Day Avg -14.52% | +2.87%
Liquidity Pricy
+
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🤖 AI Insights

Strong bullish conviction with 77% of dollar volume in calls ($419.1K) vs puts ($124.5K). Elevated premium activity with dollar volume up 61% vs prior. Bullish P/C ratio of 0.59. P/C ratio dropping 77% - sentiment shifting bullish.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 3 of results (avg 8.5%, best 7.8%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Aug 214.905.30$5.107.8%110.74215
$47.50Aug 213.303.60$3.458.7%820.60772
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Aug 213.203.50$3.359.0%10.55128

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.72, cheapest $0.70)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$55.00Aug 210.700.80$0.7513.3%1550.211.2K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$42.50Aug 210.650.75$0.7014.3%300.17794

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 10 found (avg delta 0.79, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$37.50Aug 2110.4012.80$11.6020.7%--0.9728
$35.00Aug 2112.6014.30$13.4512.6%270.9672
$40.00Aug 218.4010.30$9.3520.3%10.9139
$42.50Aug 216.607.70$7.1515.4%70.8471
$45.00Aug 214.905.30$5.107.8%110.74215
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$57.50Aug 218.109.60$8.8516.9%--0.8719
$55.00Aug 215.807.40$6.6024.2%--0.8037
$52.50Aug 214.605.40$5.0016.0%10.6846
$50.00Aug 213.203.50$3.359.0%10.55128

Most actively traded options today. High liquidity = easy entry/exit. 18 active (total vol 657, top 155)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$55.00Aug 210.700.80$0.7513.3%1550.211.2K
$47.50Aug 213.303.60$3.458.7%820.60772
$52.50Aug 211.301.45$1.3810.9%730.33885
$50.00Aug 212.002.35$2.1716.1%530.46707
$35.00Aug 2112.6014.30$13.4512.6%270.9672
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Aug 211.001.35$1.1829.7%570.262.5K
$40.00Aug 210.300.40$0.3528.6%480.09961
$47.50Aug 211.902.25$2.0816.8%330.40119
$42.50Aug 210.650.75$0.7014.3%300.17794
$37.50Aug 210.000.20$0.10200.0%290.03382

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. -- strikes (avg --%, max --%)

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 13 found (best R:R 9.87, avg 3.61)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$57.50$60.00Aug 21$0.23$2.27$0.239.87$57.73
$55.00$57.50Aug 21$0.30$2.20$0.307.33$55.30
$52.50$55.00Aug 21$0.63$1.87$0.632.97$53.13
$50.00$52.50Aug 21$0.79$1.71$0.792.16$50.79
$47.50$50.00Aug 21$1.28$1.22$1.280.95$48.78
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$40.00$37.50Aug 21$0.25$2.25$0.259.00$39.75
$42.50$40.00Aug 21$0.35$2.15$0.356.14$42.15
$45.00$42.50Aug 21$0.48$2.02$0.484.21$44.52
$47.50$45.00Aug 21$0.90$1.60$0.901.78$46.60
$50.00$47.50Aug 21$1.27$1.23$1.270.97$48.73

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 18 found (best R:R 9.00, avg 2.37)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$37.50$40.00Aug 21$2.25$2.25$0.259.00$39.75
$40.00$42.50Aug 21$2.20$2.20$0.307.33$42.20
$42.50$45.00Aug 21$2.05$2.05$0.454.56$44.55
$35.00$37.50Aug 21$1.85$1.85$0.652.85$36.85
$45.00$47.50Aug 21$1.65$1.65$0.851.94$46.65
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$57.50$55.00Aug 21$2.25$2.25$0.259.00$55.25
$52.50$50.00Aug 21$1.65$1.65$0.851.94$50.85
$55.00$52.50Aug 21$1.60$1.60$0.901.78$53.40
$50.00$47.50Aug 21$1.27$1.27$1.231.03$48.73
$47.50$45.00Aug 21$0.90$0.90$1.600.56$46.60

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. -- found (avg debit $--, cheapest $--)

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 10 found (cheapest 11.36% of stock, avg 17.12%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$50.00Aug 21$2.17$3.35$5.52$44.48$55.5211.36%
$47.50Aug 21$3.45$2.08$5.53$41.97$53.0311.38%
$45.00Aug 21$5.10$1.18$6.28$38.72$51.2812.92%
$52.50Aug 21$1.38$5.00$6.38$46.12$58.8813.12%
$55.00Aug 21$0.75$6.60$7.35$47.65$62.3515.12%
$42.50Aug 21$7.15$0.70$7.85$34.65$50.3516.15%
$57.50Aug 21$0.45$8.85$9.30$48.20$66.8019.13%
$40.00Aug 21$9.35$0.35$9.70$30.30$49.7019.95%
$37.50Aug 21$11.60$0.10$11.70$25.80$49.2024.07%
$35.00Aug 21$13.45$0.18$13.63$21.37$48.6328.04%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 20 found (cheapest 1.17% of stock, avg 4.26%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$60.00$40.00Aug 21$0.22$0.35$0.57$39.43$60.57
$57.50$40.00Aug 21$0.45$0.35$0.80$39.20$58.30
$60.00$42.50Aug 21$0.22$0.70$0.92$41.58$60.92
$55.00$40.00Aug 21$0.75$0.35$1.10$38.90$56.10
$57.50$42.50Aug 21$0.45$0.70$1.15$41.35$58.65
$60.00$45.00Aug 21$0.22$1.18$1.40$43.60$61.40
$55.00$42.50Aug 21$0.75$0.70$1.45$41.05$56.45
$57.50$45.00Aug 21$0.45$1.18$1.63$43.37$59.13
$52.50$40.00Aug 21$1.38$0.35$1.73$38.27$54.23
$55.00$45.00Aug 21$0.75$1.18$1.93$43.07$56.93

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 28 found (best R:R 11.50, avg credit $1.34)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
38/4042/45Aug 21$2.30$0.2011.50$37.70$44.80
40/4245/48Aug 21$2.00$0.504.00$40.50$47.00
50/5255/58Aug 21$1.95$0.553.55$50.55$56.95
38/4045/48Aug 21$1.90$0.603.17$38.10$46.90
48/5052/55Aug 21$1.90$0.603.17$48.10$54.40
50/5258/60Aug 21$1.88$0.623.03$50.62$59.38
52/5558/60Aug 21$1.83$0.672.73$53.17$59.33
42/4548/50Aug 21$1.76$0.742.38$43.24$49.26
45/4850/52Aug 21$1.69$0.812.09$45.81$51.69
40/4248/50Aug 21$1.63$0.871.87$40.87$49.13

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 15 found (best R:R 49.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$37.50$40.00$42.50Aug 21$0.05$2.4549.00
$55.00$57.50$60.00Aug 21$0.07$2.4334.71
$40.00$42.50$45.00Aug 21$0.15$2.3515.67
$50.00$52.50$55.00Aug 21$0.16$2.3414.62
$52.50$55.00$57.50Aug 21$0.33$2.176.58
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$37.50$40.00$42.50Aug 21$0.10$2.4024.00
$40.00$42.50$45.00Aug 21$0.13$2.3718.23
$35.00$37.50$40.00Aug 21$0.33$2.176.58
$45.00$47.50$50.00Aug 21$0.37$2.135.76
$47.50$50.00$52.50Aug 21$0.38$2.125.58

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 13 found (best net $--, 11 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$52.50$55.001:2Aug 21-$0.12$2.38
$55.00$57.501:2Aug 21-$0.15$2.35
$50.00$52.501:2Aug 21-$0.59$1.91
$47.50$50.001:2Aug 21-$0.89$1.61
$45.00$47.501:2Aug 21-$1.80$0.70
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$42.50$40.001:2Aug 21$0.00$2.50
$45.00$42.501:2Aug 21-$0.22$2.28
$37.50$35.001:2Aug 21-$0.26$2.24
$47.50$45.001:2Aug 21-$0.28$2.22
$50.00$47.501:2Aug 21-$0.81$1.69

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 5 found (best yield 4.11%, avg 1.81%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$50.00Aug 21$2.000.462.9%4.11%6.97%53707
$52.50Aug 21$1.300.338.0%2.67%10.68%73885
$55.00Aug 21$0.700.2113.2%1.44%14.59%1551.2K
$57.50Aug 21$0.250.1418.3%0.51%18.80%21250
$60.00Aug 21$0.150.0823.4%0.31%23.74%83.1K

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 985
Total Puts 585
Put/Call Ratio 0.59
Net Difference 400

Prior's Put/Call Breakdown

Total Calls 388
Total Puts 1,003
Put/Call Ratio 2.59
Net Difference -615

Prior 7-Day Put/Call Summary

Total Calls 12,460
Total Puts 10,376
Average Put/Call Ratio 1.12
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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