Tour v472
ALK
ALASKA AIR GROUP INC
$47.24 +3.05%
$46.82 (-0.89%)🌙
as of 07/30 06:06 PM
7/30 18:06

Option Volume

Detail
Current (07/30) 2,013
Calls: 1,049 (52%)
Puts: 964 (48%)
Prior (07/29) 655
Calls: 403 (62%)
Puts: 252 (38%)
Current vs Prior +207.33%
Calls: +160.30% (Calls)
Puts: +282.54% (Puts)
Prior 7-Day Total 18,002
Calls: 11,061 (61%)
Puts: 6,941 (39%)
Prior 7-Day Average 2,571
Calls: 1,580 (61%)
Puts: 991 (39%)
Current vs Prior 7-Day Avg -21.73%
Calls: -33.61%
Puts: -2.78%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/30) $571.0K
Calls: $296.5K (52%)
Puts: $274.5K (48%)
Prior (07/29) $247.5K
Calls: $198.2K (80%)
Puts: $49.2K (20%)
Current vs Prior +130.74%
Calls: +49.56%
Puts: +457.64%
Prior 7-Day Total $4.99M
Calls: $3.58M (72%)
Puts: $1.42M (28%)
Prior 7-Day Average $713.2K
Calls: $511.0K (72%)
Puts: $202.1K (28%)
Current vs Prior 7-Day Avg -19.93%
Calls: -41.98%
Puts: +35.81%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/30) 0.92
Prior (07/29) 0.63
Current vs Prior +46.96%
Prior 7-Day Average 0.90
Current vs Prior 7-Day Avg +2.43%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/30) 96,391
Calls: 65,951 (68%)
Puts: 30,440 (32%)
Prior (07/29) 40,863
Calls: 31,430 (77%)
Puts: 9,433 (23%)
Current vs Prior +135.89%
Prior 7-Day Total 525,040
Calls: 372,397 (71%)
Puts: 152,643 (29%)
Prior 7-Day Average 75,005
Calls: 53,199 (71%)
Puts: 21,806 (29%)
Current vs Prior 7-Day Avg +28.51%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 10.84% | 16.19%
Prior 11.67% | 16.64%
Current vs Prior -7.14% | -2.71%
Prior 7-Day Avg 12.57% | 17.48%
Current vs 7-Day Avg -13.81% | -7.34%
Prior 7-Day Eod 11.67% | 16.64%
Current vs 7-Day Eod -7.14% | -2.71%
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 5.46% | 8.18%
Calls: 7.41% | 5.83%
Puts: 3.51% | 10.53%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Pricy
+
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🤖 AI Insights

Massive premium surge with dollar volume up 131% vs prior. Unusually high activity with volume up 207% vs prior - elevated interest. P/C ratio rising 47% - increased hedging/bearish positioning. Call-heavy open interest (65,951 calls vs 30,440 puts) suggests bullish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 2 of results (avg 8.5%, best 7.2%)

CALLS (0)
No calls meet the criteria
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Aug 214.004.30$4.157.2%--0.64128
$52.50Aug 215.806.40$6.109.8%--0.7647

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.83, cheapest $0.83)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$52.50Aug 210.750.90$0.8318.1%150.24938
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 10 found (avg delta 0.78, highest 0.93)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$37.50Aug 218.7010.70$9.7020.6%--0.9328
$35.00Aug 2111.7013.10$12.4011.3%--0.9272
$40.00Aug 216.908.10$7.5016.0%--0.8738
$42.50Aug 215.206.00$5.6014.3%10.7967
$45.00Aug 213.704.10$3.9010.3%20.66196
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$57.50Aug 2110.0011.60$10.8014.8%--0.9119
$55.00Aug 217.709.10$8.4016.7%--0.8537
$52.50Aug 215.806.40$6.109.8%--0.7647
$50.00Aug 214.004.30$4.157.2%--0.64128

Most actively traded options today. High liquidity = easy entry/exit. 13 active (total vol 192, top 35)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$57.50Aug 210.200.35$0.2853.6%350.09270
$50.00Aug 211.401.55$1.4810.1%310.36731
$55.00Aug 210.400.55$0.4831.3%240.151.3K
$52.50Aug 210.750.90$0.8318.1%150.24938
$47.50Aug 212.302.65$2.4714.2%100.51776
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Aug 211.451.70$1.5815.8%320.342.5K
$37.50Aug 210.100.25$0.1883.3%210.06383
$40.00Aug 210.250.65$0.4588.9%90.12930
$47.50Aug 212.502.80$2.6511.3%60.49151
$42.50Aug 210.700.95$0.8330.1%50.21798

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 11.50, avg 4.10)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$55.00$57.50Aug 21$0.20$2.30$0.2011.50$55.20
$52.50$55.00Aug 21$0.35$2.15$0.356.14$52.85
$50.00$52.50Aug 21$0.65$1.85$0.652.85$50.65
$47.50$50.00Aug 21$0.99$1.51$0.991.53$48.49
$45.00$47.50Aug 21$1.43$1.07$1.430.75$46.43
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$40.00$37.50Aug 21$0.27$2.23$0.278.26$39.73
$42.50$40.00Aug 21$0.38$2.12$0.385.58$42.12
$45.00$42.50Aug 21$0.75$1.75$0.752.33$44.25
$47.50$45.00Aug 21$1.07$1.43$1.071.34$46.43
$50.00$47.50Aug 21$1.50$1.00$1.500.67$48.50

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 15 found (best R:R 11.50, avg 2.22)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$37.50$40.00Aug 21$2.20$2.20$0.307.33$39.70
$40.00$42.50Aug 21$1.90$1.90$0.603.17$41.90
$42.50$45.00Aug 21$1.70$1.70$0.802.12$44.20
$45.00$47.50Aug 21$1.43$1.43$1.071.34$46.43
$47.50$50.00Aug 21$0.99$0.99$1.510.66$48.49
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$55.00$52.50Aug 21$2.30$2.30$0.2011.50$52.70
$52.50$50.00Aug 21$1.95$1.95$0.553.55$50.55
$50.00$47.50Aug 21$1.50$1.50$1.001.50$48.50
$47.50$45.00Aug 21$1.07$1.07$1.430.75$46.43
$45.00$42.50Aug 21$0.75$0.75$1.750.43$44.25

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 10.84% of stock, avg 16.93%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$47.50Aug 21$2.47$2.65$5.12$42.38$52.6210.84%
$45.00Aug 21$3.90$1.58$5.48$39.52$50.4811.60%
$50.00Aug 21$1.48$4.15$5.63$44.37$55.6311.92%
$42.50Aug 21$5.60$0.83$6.43$36.07$48.9313.61%
$52.50Aug 21$0.83$6.10$6.93$45.57$59.4314.67%
$40.00Aug 21$7.50$0.45$7.95$32.05$47.9516.83%
$55.00Aug 21$0.48$8.40$8.88$46.12$63.8818.80%
$37.50Aug 21$9.70$0.18$9.88$27.62$47.3820.91%
$57.50Aug 21$0.28$10.80$11.08$46.42$68.5823.45%
$35.00Aug 21$12.40$0.20$12.60$22.40$47.6026.67%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 25 found (cheapest 0.97% of stock, avg 3.87%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$57.50$37.50Aug 21$0.28$0.18$0.46$37.04$57.96
$60.00$37.50Aug 21$0.38$0.18$0.56$36.94$60.56
$55.00$37.50Aug 21$0.48$0.18$0.66$36.84$55.66
$57.50$40.00Aug 21$0.28$0.45$0.73$39.27$58.23
$60.00$40.00Aug 21$0.38$0.45$0.83$39.17$60.83
$55.00$40.00Aug 21$0.48$0.45$0.93$39.07$55.93
$52.50$37.50Aug 21$0.83$0.18$1.01$36.49$53.51
$57.50$42.50Aug 21$0.28$0.83$1.11$41.39$58.61
$60.00$42.50Aug 21$0.38$0.83$1.21$41.29$61.21
$52.50$40.00Aug 21$0.83$0.45$1.28$38.72$53.78

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 21 found (best R:R 6.14, avg credit $1.32)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
50/5255/58Aug 21$2.15$0.356.14$50.35$57.15
38/4042/45Aug 21$1.97$0.533.72$38.03$44.47
48/5052/55Aug 21$1.85$0.652.85$48.15$54.35
40/4245/48Aug 21$1.81$0.692.62$40.69$46.81
42/4548/50Aug 21$1.74$0.762.29$43.26$49.24
45/4850/52Aug 21$1.72$0.782.21$45.78$51.72
48/5055/58Aug 21$1.70$0.802.13$48.30$56.70
38/4045/48Aug 21$1.70$0.802.12$38.30$46.70
45/4852/55Aug 21$1.42$1.081.31$46.08$53.92
42/4550/52Aug 21$1.40$1.101.27$43.60$51.40

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 17 found (best R:R 24.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$52.50$55.00$57.50Aug 21$0.15$2.3515.67
$40.00$42.50$45.00Aug 21$0.20$2.3011.50
$42.50$45.00$47.50Aug 21$0.27$2.238.26
$37.50$40.00$42.50Aug 21$0.30$2.207.33
$50.00$52.50$55.00Aug 21$0.30$2.207.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$52.50$55.00$57.50Aug 21$0.10$2.4024.00
$37.50$40.00$42.50Aug 21$0.11$2.3921.73
$35.00$37.50$40.00Aug 21$0.29$2.217.62
$42.50$45.00$47.50Aug 21$0.32$2.186.81
$50.00$52.50$55.00Aug 21$0.35$2.156.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 14 found (best net $-0.07, 13 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$55.00$57.501:2Aug 21-$0.08$2.42
$52.50$55.001:2Aug 21-$0.13$2.37
$50.00$52.501:2Aug 21-$0.18$2.32
$57.50$60.001:2Aug 21-$0.48$2.02
$47.50$50.001:2Aug 21-$0.49$2.01
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$42.50$40.001:2Aug 21-$0.07$2.43
$45.00$42.501:2Aug 21-$0.08$2.42
$37.50$35.001:2Aug 21-$0.22$2.28
$47.50$45.001:2Aug 21-$0.51$1.99
$50.00$47.501:2Aug 21-$1.15$1.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 5 found (best yield 4.87%, avg 2.14%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$47.50Aug 21$2.300.510.6%4.87%5.42%10776
$50.00Aug 21$1.400.365.8%2.96%8.81%31731
$52.50Aug 21$0.750.2411.1%1.59%12.72%15938
$55.00Aug 21$0.400.1516.4%0.85%17.27%241.3K
$57.50Aug 21$0.200.0921.7%0.42%22.14%35270

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 1,049
Total Puts 964
Put/Call Ratio 0.92
Net Difference 85

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 11,061
Total Puts 6,941
Average Put/Call Ratio 0.90
Ratio Trend Rising

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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