Tour v487
ALK
ALASKA AIR GROUP INC
$50.21 +5.82%
$50.12 (-0.18%)🌙
as of 08/03 06:05 PM
8/3 18:05

Option Volume

Detail
Current (08/03) 2,651
Calls: 1,125 (42%)
Puts: 1,526 (58%)
Prior (07/31) 503
Calls: 361 (72%)
Puts: 142 (28%)
Current vs Prior +427.04%
Calls: +211.63% (Calls)
Puts: +974.65% (Puts)
Prior 7-Day Total 11,468
Calls: 6,826 (60%)
Puts: 4,642 (40%)
Prior 7-Day Average 1,638
Calls: 975 (60%)
Puts: 663 (40%)
Current vs Prior 7-Day Avg +61.82%
Calls: +15.37%
Puts: +130.12%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/03) $614.4K
Calls: $448.5K (73%)
Puts: $165.9K (27%)
Prior (07/31) $124.0K
Calls: $108.7K (88%)
Puts: $15.2K (12%)
Current vs Prior +395.60%
Calls: +312.43%
Puts: +989.28%
Prior 7-Day Total $2.93M
Calls: $1.90M (65%)
Puts: $1.03M (35%)
Prior 7-Day Average $418.5K
Calls: $271.3K (65%)
Puts: $147.2K (35%)
Current vs Prior 7-Day Avg +46.81%
Calls: +65.29%
Puts: +12.73%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/03) 1.36
Prior (07/31) 0.39
Current vs Prior +244.84%
Prior 7-Day Average 0.91
Current vs Prior 7-Day Avg +49.41%
Sentiment BEARISH

Open Interest

Detail
Current (08/03) 97,875
Calls: 66,667 (68%)
Puts: 31,208 (32%)
Prior (07/31) 97,709
Calls: 66,563 (68%)
Puts: 31,146 (32%)
Current vs Prior +0.17%
Prior 7-Day Total 570,527
Calls: 397,112 (70%)
Puts: 173,415 (30%)
Prior 7-Day Average 81,503
Calls: 56,730 (70%)
Puts: 24,773 (30%)
Current vs Prior 7-Day Avg +20.09%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 12.75% | 18.22%
Prior 10.71% | 16.33%
Current vs Prior +19.06% | +11.57%
Prior 7-Day Avg 11.69% | 16.88%
Current vs 7-Day Avg +9.08% | +7.99%
Prior 7-Day Eod 10.71% | 16.33%
Current vs 7-Day Eod +19.06% | +11.57%
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 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

Moderately bullish flow with 73% call dollar volume ($448.5K). Massive premium surge with dollar volume up 396% vs prior. Unusually high activity with volume up 427% vs prior - elevated interest. Bearish P/C ratio of 1.36 indicates protective positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
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 1 of results (avg 7.4%, best 7.4%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$47.50Aug 213.904.20$4.057.4%230.69784
PUTS (0)
No puts meet the criteria

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
$55.00Aug 210.750.90$0.8318.1%2470.241.3K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 9 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$37.50Aug 2111.8013.40$12.6012.7%101.0027
$40.00Aug 219.5011.20$10.3516.4%--0.9338
$42.50Aug 217.108.60$7.8519.1%120.9167
$45.00Aug 215.406.20$5.8013.8%110.82210
$47.50Aug 213.904.20$4.057.4%230.69784
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$57.50Aug 217.008.70$7.8521.7%--0.8619
$55.00Aug 215.406.00$5.7010.5%--0.7637
$52.50Aug 213.604.00$3.8010.5%--0.6147

Most actively traded options today. High liquidity = easy entry/exit. 16 active (total vol 1.8K, top 1.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$55.00Aug 210.750.90$0.8318.1%2470.241.3K
$50.00Aug 212.452.75$2.6011.5%1120.54752
$52.50Aug 211.501.70$1.6012.5%470.381.0K
$65.00Aug 210.050.10$0.0862.5%240.031.3K
$47.50Aug 213.904.20$4.057.4%230.69784
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Aug 210.600.75$0.6822.1%1.2K0.182.4K
$42.50Aug 210.200.35$0.2853.6%370.09804
$40.00Aug 210.100.20$0.1566.7%250.05924
$50.00Aug 212.152.55$2.3517.0%120.47128
$47.50Aug 211.201.50$1.3522.2%90.31161

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. 11 found (best R:R 21.73, avg 7.10)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$60.00$65.00Aug 21$0.22$4.78$0.2221.73$60.22
$57.50$60.00Aug 21$0.13$2.37$0.1318.23$57.63
$55.00$57.50Aug 21$0.40$2.10$0.405.25$55.40
$52.50$55.00Aug 21$0.77$1.73$0.772.25$53.27
$50.00$52.50Aug 21$1.00$1.50$1.001.50$51.00
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$42.50$40.00Aug 21$0.13$2.37$0.1318.23$42.37
$45.00$42.50Aug 21$0.40$2.10$0.405.25$44.60
$47.50$45.00Aug 21$0.67$1.83$0.672.73$46.83
$50.00$47.50Aug 21$1.00$1.50$1.001.50$49.00
$52.50$50.00Aug 21$1.45$1.05$1.450.72$51.05

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 16 found (best R:R 9.00, avg 1.92)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$37.50$40.00Aug 21$2.25$2.25$0.259.00$39.75
$42.50$45.00Aug 21$2.05$2.05$0.454.56$44.55
$45.00$47.50Aug 21$1.75$1.75$0.752.33$46.75
$47.50$50.00Aug 21$1.45$1.45$1.051.38$48.95
$50.00$52.50Aug 21$1.00$1.00$1.500.67$51.00
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$57.50$55.00Aug 21$2.15$2.15$0.356.14$55.35
$55.00$52.50Aug 21$1.90$1.90$0.603.17$53.10
$52.50$50.00Aug 21$1.45$1.45$1.051.38$51.05
$50.00$47.50Aug 21$1.00$1.00$1.500.67$49.00
$47.50$45.00Aug 21$0.67$0.67$1.830.37$46.83

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. 9 found (cheapest 9.86% of stock, avg 15.12%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$50.00Aug 21$2.60$2.35$4.95$45.05$54.959.86%
$47.50Aug 21$4.05$1.35$5.40$42.10$52.9010.75%
$52.50Aug 21$1.60$3.80$5.40$47.10$57.9010.75%
$45.00Aug 21$5.80$0.68$6.48$38.52$51.4812.91%
$55.00Aug 21$0.83$5.70$6.53$48.47$61.5313.01%
$42.50Aug 21$7.85$0.28$8.13$34.37$50.6316.19%
$57.50Aug 21$0.43$7.85$8.28$49.22$65.7816.49%
$40.00Aug 21$10.35$0.15$10.50$29.50$50.5020.91%
$37.50Aug 21$12.60$0.08$12.68$24.82$50.1825.25%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 16 found (cheapest 1.16% of stock, avg 3.89%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$60.00$42.50Aug 21$0.30$0.28$0.58$41.92$60.58
$57.50$42.50Aug 21$0.43$0.28$0.71$41.79$58.21
$60.00$45.00Aug 21$0.30$0.68$0.98$44.02$60.98
$55.00$42.50Aug 21$0.83$0.28$1.11$41.39$56.11
$57.50$45.00Aug 21$0.43$0.68$1.11$43.89$58.61
$55.00$45.00Aug 21$0.83$0.68$1.51$43.49$56.51
$60.00$47.50Aug 21$0.30$1.35$1.65$45.85$61.65
$57.50$47.50Aug 21$0.43$1.35$1.78$45.72$59.28
$52.50$42.50Aug 21$1.60$0.28$1.88$40.62$54.38
$55.00$47.50Aug 21$0.83$1.35$2.18$45.32$57.18

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 28 found (best R:R 4.32, avg credit $1.29)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
52/5558/60Aug 21$2.03$0.474.32$52.97$59.53
40/4245/48Aug 21$1.88$0.623.03$40.62$46.88
42/4548/50Aug 21$1.85$0.652.85$43.15$49.35
50/5255/58Aug 21$1.85$0.652.85$50.65$56.85
48/5052/55Aug 21$1.77$0.732.42$48.23$54.27
45/4850/52Aug 21$1.67$0.832.01$45.83$51.67
40/4248/50Aug 21$1.58$0.921.72$40.92$49.08
50/5258/60Aug 21$1.58$0.921.72$50.92$59.08
45/4852/55Aug 21$1.44$1.061.36$46.06$53.94
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. 14 found (best R:R 40.67, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$50.00$52.50$55.00Aug 21$0.23$2.279.87
$55.00$57.50$60.00Aug 21$0.27$2.238.26
$42.50$45.00$47.50Aug 21$0.30$2.207.33
$45.00$47.50$50.00Aug 21$0.30$2.207.33
$52.50$55.00$57.50Aug 21$0.37$2.135.76
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$37.50$40.00$42.50Aug 21$0.06$2.4440.67
$52.50$55.00$57.50Aug 21$0.25$2.259.00
$40.00$42.50$45.00Aug 21$0.27$2.238.26
$42.50$45.00$47.50Aug 21$0.27$2.238.26
$45.00$47.50$50.00Aug 21$0.33$2.176.58

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 $-0.01, 12 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$55.00$57.501:2Aug 21-$0.03$2.47
$52.50$55.001:2Aug 21-$0.06$2.44
$57.50$60.001:2Aug 21-$0.17$2.33
$50.00$52.501:2Aug 21-$0.60$1.90
$47.50$50.001:2Aug 21-$1.15$1.35
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$40.00$37.501:2Aug 21-$0.01$2.49
$47.50$45.001:2Aug 21-$0.01$2.49
$42.50$40.001:2Aug 21-$0.02$2.48
$50.00$47.501:2Aug 21-$0.35$2.15
$52.50$50.001:2Aug 21-$0.90$1.60

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 4 found (best yield 2.99%, avg 1.37%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$52.50Aug 21$1.500.384.6%2.99%7.55%471.0K
$55.00Aug 21$0.750.249.5%1.49%11.03%2471.3K
$57.50Aug 21$0.350.1414.5%0.70%15.22%20306
$60.00Aug 21$0.150.1019.5%0.30%19.80%133.1K

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 1,125
Total Puts 1,526
Put/Call Ratio 1.36
Net Difference -401

Prior's Put/Call Breakdown

Total Calls 361
Total Puts 142
Put/Call Ratio 0.39
Net Difference 219

Prior 7-Day Put/Call Summary

Total Calls 6,826
Total Puts 4,642
Average Put/Call Ratio 0.91
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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