Tour v456
ALK
ALASKA AIR GROUP INC
$45.84 -5.70%
$46.05 (+0.46%)🌙
as of 07/29 06:10 PM
7/29 18:10

Option Volume

Detail
Current (07/29) 655
Calls: 403 (62%)
Puts: 252 (38%)
Prior (07/28) 1,570
Calls: 985 (63%)
Puts: 585 (37%)
Current vs Prior -58.28%
Calls: -59.09% (Calls)
Puts: -56.92% (Puts)
Prior 7-Day Total 22,696
Calls: 12,602 (56%)
Puts: 10,094 (44%)
Prior 7-Day Average 3,242
Calls: 1,800 (56%)
Puts: 1,442 (44%)
Current vs Prior 7-Day Avg -79.80%
Calls: -77.61%
Puts: -82.52%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/29) $247.5K
Calls: $198.2K (80%)
Puts: $49.2K (20%)
Prior (07/28) $543.6K
Calls: $419.1K (77%)
Puts: $124.5K (23%)
Current vs Prior -54.47%
Calls: -52.69%
Puts: -60.46%
Prior 7-Day Total $6.06M
Calls: $3.85M (64%)
Puts: $2.21M (36%)
Prior 7-Day Average $866.2K
Calls: $550.5K (64%)
Puts: $315.7K (36%)
Current vs Prior 7-Day Avg -71.43%
Calls: -63.99%
Puts: -84.40%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/29) 0.63
Prior (07/28) 0.59
Current vs Prior +5.29%
Prior 7-Day Average 1.06
Current vs Prior 7-Day Avg -40.90%
Sentiment BULLISH

Open Interest

Detail
Current (07/29) 40,863
Calls: 31,430 (77%)
Puts: 9,433 (23%)
Prior (07/28) 96,040
Calls: 65,684 (68%)
Puts: 30,356 (32%)
Current vs Prior -57.45%
Prior 7-Day Total 570,557
Calls: 402,236 (70%)
Puts: 168,321 (30%)
Prior 7-Day Average 81,508
Calls: 57,462 (70%)
Puts: 24,045 (30%)
Current vs Prior 7-Day Avg -49.87%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 11.67% | 16.64%
Prior 11.38% | 16.56%
Current vs Prior +2.59% | +0.51%
Prior 7-Day Avg 13.10% | 17.92%
Current vs 7-Day Avg -10.87% | -7.12%
Prior 7-Day Eod 11.38% | 16.56%
Current vs 7-Day Eod +2.59% | +0.51%
Sentiment BEARISH

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 6.30% | 8.04%
Calls: 8.51% | 6.76%
Puts: 4.09% | 9.31%
Current vs 7-Day Avg -13.33% | +1.78%
Liquidity Pricy
+
Add Card

🤖 AI Insights

Strong bullish conviction with 80% of dollar volume in calls ($198.2K) vs puts ($49.2K). Light premium activity with dollar volume down 54% vs prior. Below-average activity with volume down 58% vs prior. Bullish P/C ratio of 0.63.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
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 -- of results (avg --%, best --%)

No options available for this category

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 4 found (avg delta 0.70, highest 0.93)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$35.00Aug 2110.6012.50$11.5516.5%270.9345
$42.50Aug 214.505.10$4.8012.5%80.7371
$45.00Aug 212.903.50$3.2018.8%140.59209
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$47.50Aug 213.303.70$3.5011.4%260.56132

Most actively traded options today. High liquidity = easy entry/exit. 14 active (total vol 310, top 81)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$47.50Aug 211.852.30$2.0821.6%350.44757
$35.00Aug 2110.6012.50$11.5516.5%270.9345
$50.00Aug 211.051.25$1.1517.4%190.30728
$55.00Aug 210.350.55$0.4544.4%190.141.3K
$52.50Aug 210.250.90$0.57114.0%150.18953
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Aug 212.002.30$2.1514.0%810.412.5K
$37.50Aug 210.200.30$0.2540.0%300.08368
$47.50Aug 213.303.70$3.5011.4%260.56132
$42.50Aug 211.001.35$1.1829.7%180.27787
$40.00Aug 210.400.90$0.6576.9%130.16925

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. 10 found (best R:R 24.00, avg 6.20)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$52.50$55.00Aug 21$0.12$2.38$0.1219.83$52.62
$50.00$52.50Aug 21$0.58$1.92$0.583.31$50.58
$47.50$50.00Aug 21$0.93$1.57$0.931.69$48.43
$45.00$47.50Aug 21$1.12$1.38$1.121.23$46.12
$42.50$45.00Aug 21$1.60$0.90$1.600.56$44.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$37.50$32.50Aug 21$0.20$4.80$0.2024.00$37.30
$40.00$37.50Aug 21$0.40$2.10$0.405.25$39.60
$42.50$40.00Aug 21$0.53$1.97$0.533.72$41.97
$45.00$42.50Aug 21$0.97$1.53$0.971.58$44.03
$47.50$45.00Aug 21$1.35$1.15$1.350.85$46.15

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 11 found (best R:R 9.00, avg 1.35)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$35.00$42.50Aug 21$6.75$6.75$0.759.00$41.75
$42.50$45.00Aug 21$1.60$1.60$0.901.78$44.10
$45.00$47.50Aug 21$1.12$1.12$1.380.81$46.12
$47.50$50.00Aug 21$0.93$0.93$1.570.59$48.43
$50.00$52.50Aug 21$0.58$0.58$1.920.30$50.58
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$47.50$45.00Aug 21$1.35$1.35$1.151.17$46.15
$45.00$42.50Aug 21$0.97$0.97$1.530.63$44.03
$42.50$40.00Aug 21$0.53$0.53$1.970.27$41.97
$40.00$37.50Aug 21$0.40$0.40$2.100.19$39.60
$37.50$32.50Aug 21$0.20$0.20$4.800.04$37.30

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. 3 found (cheapest 11.67% of stock, avg 12.30%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$45.00Aug 21$3.20$2.15$5.35$39.65$50.3511.67%
$47.50Aug 21$2.08$3.50$5.58$41.92$53.0812.17%
$42.50Aug 21$4.80$1.18$5.98$36.52$48.4813.05%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 20 found (cheapest 1.42% of stock, avg 4.34%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$57.50$37.50Aug 21$0.40$0.25$0.65$36.85$58.15
$55.00$37.50Aug 21$0.45$0.25$0.70$36.80$55.70
$52.50$37.50Aug 21$0.57$0.25$0.82$36.68$53.32
$57.50$40.00Aug 21$0.40$0.65$1.05$38.95$58.55
$55.00$40.00Aug 21$0.45$0.65$1.10$38.90$56.10
$52.50$40.00Aug 21$0.57$0.65$1.22$38.78$53.72
$50.00$37.50Aug 21$1.15$0.25$1.40$36.10$51.40
$57.50$42.50Aug 21$0.40$1.18$1.58$40.92$59.08
$55.00$42.50Aug 21$0.45$1.18$1.63$40.87$56.63
$52.50$42.50Aug 21$0.57$1.18$1.75$40.75$54.25

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 19 found (best R:R 4.00, avg credit $1.29)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
38/4042/45Aug 21$2.00$0.504.00$38.00$44.50
45/4850/52Aug 21$1.93$0.573.39$45.57$51.93
42/4548/50Aug 21$1.90$0.603.17$43.10$49.40
40/4245/48Aug 21$1.65$0.851.94$40.85$46.65
42/4550/52Aug 21$1.55$0.951.63$43.45$51.55
38/4045/48Aug 21$1.52$0.981.55$38.48$46.52
45/4852/55Aug 21$1.47$1.031.43$46.03$53.97
40/4248/50Aug 21$1.46$1.041.40$41.04$48.96
38/4048/50Aug 21$1.33$1.171.14$38.67$48.83
40/4250/52Aug 21$1.11$1.390.80$41.39$51.11

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 8 found (best R:R 34.71, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$52.50$55.00$57.50Aug 21$0.07$2.4334.71
$45.00$47.50$50.00Aug 21$0.19$2.3112.16
$47.50$50.00$52.50Aug 21$0.35$2.156.14
$50.00$52.50$55.00Aug 21$0.46$2.044.43
$42.50$45.00$47.50Aug 21$0.48$2.024.21
PUTS (3)
LowMidHighExpiryDebitMax GainR:R
$37.50$40.00$42.50Aug 21$0.13$2.3718.23
$42.50$45.00$47.50Aug 21$0.38$2.125.58
$40.00$42.50$45.00Aug 21$0.44$2.064.68

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 12 found (best net $-0.12, 8 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$47.50$50.001:2Aug 21-$0.22$2.28
$52.50$55.001:2Aug 21-$0.33$2.17
$55.00$57.501:2Aug 21-$0.35$2.15
$45.00$47.501:2Aug 21-$0.96$1.54
$42.50$45.001:2Aug 21-$1.60$0.90
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$42.50$40.001:2Aug 21-$0.12$2.38
$45.00$42.501:2Aug 21-$0.21$2.29
$47.50$45.001:2Aug 21-$0.80$1.70
$37.50$32.501:2Aug 21$0.15$4.85
$40.00$37.501:2Aug 21$0.15$2.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 5 found (best yield 4.04%, avg 1.57%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$47.50Aug 21$1.850.443.6%4.04%7.66%35757
$50.00Aug 21$1.050.309.1%2.29%11.37%19728
$55.00Aug 21$0.350.1420.0%0.76%20.75%191.3K
$52.50Aug 21$0.250.1814.5%0.55%15.07%15953
$57.50Aug 21$0.100.1125.4%0.22%25.65%4269

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 403
Total Puts 252
Put/Call Ratio 0.63
Net Difference 151

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 12,602
Total Puts 10,094
Average Put/Call Ratio 1.06
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All