Tour v346
ALK
ALASKA AIR GROUP INC
$45.51 -4.43%
$45.99 (+1.05%)🌙
as of 07/17 06:02 PM
7/17 18:02

Option Volume

Detail
Current (07/17) 1,710
Calls: 843 (49%)
Puts: 867 (51%)
Prior (07/16) 1,299
Calls: 522 (40%)
Puts: 777 (60%)
Current vs Prior +31.64%
Calls: +61.49% (Calls)
Puts: +11.58% (Puts)
Prior 7-Day Total 56,429
Calls: 51,105 (91%)
Puts: 5,324 (9%)
Prior 7-Day Average 8,061
Calls: 7,300 (91%)
Puts: 760 (9%)
Current vs Prior 7-Day Avg -78.79%
Calls: -88.45%
Puts: +13.99%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/17) $487.1K
Calls: $296.5K (61%)
Puts: $190.6K (39%)
Prior (07/16) $575.4K
Calls: $268.0K (47%)
Puts: $307.4K (53%)
Current vs Prior -15.35%
Calls: +10.63%
Puts: -38.00%
Prior 7-Day Total $6.02M
Calls: $4.52M (75%)
Puts: $1.50M (25%)
Prior 7-Day Average $860.1K
Calls: $645.8K (75%)
Puts: $214.3K (25%)
Current vs Prior 7-Day Avg -43.37%
Calls: -54.09%
Puts: -11.07%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/17) 1.03
Prior (07/16) 1.49
Current vs Prior -30.91%
Prior 7-Day Average 0.69
Current vs Prior 7-Day Avg +49.65%
Sentiment BEARISH

Open Interest

Detail
Current (07/17) 134,401
Calls: 98,458 (73%)
Puts: 35,943 (27%)
Prior (07/16) 134,310
Calls: 98,340 (73%)
Puts: 35,970 (27%)
Current vs Prior +0.07%
Prior 7-Day Total 1,004,773
Calls: 757,771 (75%)
Puts: 247,002 (25%)
Prior 7-Day Average 143,539
Calls: 108,253 (75%)
Puts: 35,286 (25%)
Current vs Prior 7-Day Avg -6.37%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 2.31% | 15.16%2.31% | 15.16%
Prior 3.70% | 15.64%3.70% | 15.64%
Current vs Prior +310.22% | +25.70%-37.57% | -3.09%
Prior 7-Day Avg 6.90% | 17.32%6.90% | 17.32%
Current vs 7-Day Avg +119.59% | +13.55%-66.58% | -12.46%
Prior 7-Day Eod 3.70% | 15.64%3.70% | 15.64%
Current vs 7-Day Eod +310.22% | +25.70%-37.57% | -3.09%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 6.07% | 7.58%
Calls: 5.56% | 6.19%
Puts: 6.58% | 8.96%
Prior 6.07% | 7.58%
Calls: 5.56% | 6.19%
Puts: 6.58% | 8.96%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 6.07% | 7.58%
Calls: 5.56% | 6.19%
Puts: 6.58% | 8.96%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Pricy
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🤖 AI Insights

Moderately bullish flow with 61% call dollar volume ($296.5K). Slightly bearish P/C ratio of 1.03. P/C ratio dropping 31% - sentiment shifting bullish. Call-heavy open interest (98,458 calls vs 35,943 puts) suggests bullish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 7 of results (avg 7.0%, best 5.0%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$40.00Aug 216.807.20$7.005.7%--0.7826
$37.50Jul 177.808.30$8.056.2%461.00151
$42.50Aug 215.105.50$5.307.5%180.683
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$52.50Aug 217.808.20$8.005.0%--0.7346
$45.00Aug 213.003.20$3.106.5%1150.44163
$50.00Aug 216.006.50$6.258.0%60.65128
$42.50Aug 211.952.15$2.059.8%1130.32408

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. 14 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$37.50Jul 177.808.30$8.056.2%461.00151
$40.00Jul 175.106.40$5.7522.6%51.00570
$37.50Aug 218.509.70$9.1013.2%--0.8618
$42.50Jul 172.603.60$3.1032.3%100.811.4K
$40.00Aug 216.807.20$7.005.7%--0.7826
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Jul 174.204.70$4.4511.2%190.97979
$52.50Jul 176.107.40$6.7519.3%70.86326
$47.50Jul 171.002.15$1.5872.8%290.84698
$52.50Aug 217.808.20$8.005.0%--0.7346
$50.00Aug 216.006.50$6.258.0%60.65128

Most actively traded options today. High liquidity = easy entry/exit. 25 active (total vol 1.2K, top 175)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Jul 170.201.20$0.70142.9%1250.642.8K
$47.50Aug 212.602.95$2.7812.6%660.46161
$37.50Jul 177.808.30$8.056.2%461.00151
$47.50Jul 170.000.30$0.15200.0%450.151.6K
$50.00Jul 170.000.05$0.03166.7%430.033.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$40.00Aug 211.051.30$1.1821.2%1750.22365
$45.00Jul 170.000.70$0.35200.0%1560.361.8K
$45.00Aug 213.003.20$3.106.5%1150.44163
$42.50Aug 211.952.15$2.059.8%1130.32408
$42.50Jul 170.000.80$0.40200.0%750.191.7K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 14 strikes (avg 1398.4%, max 2561.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$52.50Jul 17Aug 211682.5%63.2%2561.5%3212.6K
$37.50Jul 17Aug 211361.3%64.7%2004.3%46169
$42.50Jul 17Aug 211069.8%61.9%1629.0%281.4K
$40.00Jul 17Aug 21859.1%61.1%1306.1%5596
$50.00Jul 17Aug 21655.9%62.6%947.3%863.9K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$52.50Jul 17Aug 211682.5%63.2%2561.5%7372
$37.50Jul 17Aug 211361.3%64.7%2004.3%31960
$42.50Jul 17Aug 211069.8%61.9%1629.0%1882.1K
$40.00Jul 17Aug 21859.1%61.1%1306.1%1781.1K
$50.00Jul 17Aug 21655.9%62.6%947.3%251.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 12 found (best R:R 19.83, avg 3.84)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$47.50$50.00Jul 17$0.12$2.38$0.1219.83$47.62
$45.00$47.50Jul 17$0.55$1.95$0.553.55$45.55
$50.00$52.50Aug 21$0.58$1.92$0.583.31$50.58
$47.50$50.00Aug 21$0.90$1.60$0.901.78$48.40
$45.00$47.50Aug 21$1.02$1.48$1.021.45$46.02
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$42.50$40.00Jul 17$0.37$2.13$0.375.76$42.13
$40.00$37.50Aug 21$0.45$2.05$0.454.56$39.55
$42.50$40.00Aug 21$0.87$1.63$0.871.87$41.63
$45.00$42.50Aug 21$1.05$1.45$1.051.38$43.95
$47.50$45.00Jul 17$1.23$1.27$1.231.03$46.27

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 18 found (best R:R 11.50, avg 2.36)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$37.50$40.00Jul 17$2.30$2.30$0.2011.50$39.80
$37.50$40.00Aug 21$2.10$2.10$0.405.25$39.60
$40.00$42.50Aug 21$1.70$1.70$0.802.13$41.70
$42.50$45.00Aug 21$1.50$1.50$1.001.50$44.00
$45.00$47.50Aug 21$1.02$1.02$1.480.69$46.02
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$52.50$50.00Jul 17$2.30$2.30$0.2011.50$50.20
$50.00$47.50Aug 21$1.80$1.80$0.702.57$48.20
$52.50$50.00Aug 21$1.75$1.75$0.752.33$50.75
$47.50$45.00Aug 21$1.35$1.35$1.151.17$46.15
$47.50$45.00Jul 17$1.23$1.23$1.270.97$46.27

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $1.79, cheapest $0.68)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$52.50Jul 17Aug 21$0.901682.5%63.2%
$37.50Jul 17Aug 21$1.051361.3%64.7%
$40.00Jul 17Aug 21$1.25859.1%61.1%
$50.00Jul 17Aug 21$1.85655.9%62.6%
$42.50Jul 17Aug 21$2.201069.8%61.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$37.50Jul 17Aug 21$0.681361.3%64.7%
$40.00Jul 17Aug 21$1.15859.1%61.1%
$52.50Jul 17Aug 21$1.251682.5%63.2%
$42.50Jul 17Aug 21$1.651069.8%61.9%
$50.00Jul 17Aug 21$1.80655.9%62.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 14 found (cheapest 2.31% of stock, avg 13.92%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$45.00Jul 17$0.70$0.35$1.05$43.95$46.052.31%
$47.50Jul 17$0.15$1.58$1.73$45.77$49.233.80%
$42.50Jul 17$3.10$0.40$3.50$39.00$46.007.69%
$50.00Jul 17$0.03$4.45$4.48$45.52$54.489.84%
$40.00Jul 17$5.75$0.03$5.78$34.22$45.7812.70%
$45.00Aug 21$3.80$3.10$6.90$38.10$51.9015.16%
$52.50Jul 17$0.40$6.75$7.15$45.35$59.6515.71%
$47.50Aug 21$2.78$4.45$7.23$40.27$54.7315.89%
$42.50Aug 21$5.30$2.05$7.35$35.15$49.8516.15%
$37.50Jul 17$8.05$0.05$8.10$29.40$45.6017.80%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 16 found (cheapest 1.10% of stock, avg 6.54%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$47.50$45.00Jul 17$0.15$0.35$0.50$44.50$48.00
$47.50$42.50Jul 17$0.15$0.40$0.55$41.95$48.05
$52.50$45.00Jul 17$0.40$0.35$0.75$44.25$53.25
$52.50$42.50Jul 17$0.40$0.40$0.80$41.70$53.30
$52.50$37.50Aug 21$1.30$0.73$2.03$35.47$54.53
$52.50$40.00Aug 21$1.30$1.18$2.48$37.52$54.98
$50.00$37.50Aug 21$1.88$0.73$2.61$34.89$52.61
$50.00$40.00Aug 21$1.88$1.18$3.06$36.94$53.06
$52.50$42.50Aug 21$1.30$2.05$3.35$39.15$55.85
$47.50$37.50Aug 21$2.78$0.73$3.51$33.99$51.01

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 12 found (best R:R 3.55, avg credit $1.49)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
38/4042/45Aug 21$1.95$0.553.55$38.05$44.45
42/4548/50Aug 21$1.95$0.553.55$43.05$49.45
45/4850/52Aug 21$1.93$0.573.39$45.57$51.93
40/4245/48Aug 21$1.89$0.613.10$40.61$46.89
40/4248/50Aug 21$1.77$0.732.42$40.73$49.27
42/4550/52Aug 21$1.63$0.871.87$43.37$51.63
38/4045/48Aug 21$1.47$1.031.43$38.53$46.47
40/4250/52Aug 21$1.45$1.051.38$41.05$51.45
38/4048/50Aug 21$1.35$1.151.17$38.65$48.85
38/4050/52Aug 21$1.03$1.470.70$38.97$51.03

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 16 found (best R:R 19.83, cheapest $0.12)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$45.00$47.50$50.00Aug 21$0.12$2.3819.83
$40.00$42.50$45.00Aug 21$0.20$2.3011.50
$40.00$42.50$45.00Jul 17$0.25$2.259.00
$47.50$50.00$52.50Aug 21$0.32$2.186.81
$37.50$40.00$42.50Aug 21$0.40$2.105.25
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$40.00$42.50$45.00Aug 21$0.18$2.3212.89
$42.50$45.00$47.50Aug 21$0.30$2.207.33
$37.50$40.00$42.50Jul 17$0.39$2.115.41
$37.50$40.00$42.50Aug 21$0.42$2.084.95
$45.00$47.50$50.00Aug 21$0.45$2.054.56

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 19 found (best net $-0.07, 13 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$40.00$42.501:2Jul 17-$0.45$2.05
$50.00$52.501:2Aug 21-$0.72$1.78
$50.00$52.501:2Jul 17-$0.77$1.73
$47.50$50.001:2Aug 21-$0.98$1.52
$45.00$47.501:2Aug 21-$1.76$0.74
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$40.00$37.501:2Jul 17-$0.07$2.43
$40.00$37.501:2Aug 21-$0.28$2.22
$42.50$40.001:2Aug 21-$0.31$2.19
$45.00$42.501:2Jul 17-$0.45$2.05
$45.00$42.501:2Aug 21-$1.00$1.50

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 3 found (best yield 5.71%, avg 3.99%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$47.50Aug 21$2.600.464.4%5.71%10.09%66161
$50.00Aug 21$1.700.359.9%3.74%13.60%43283
$52.50Aug 21$1.150.2715.4%2.53%17.89%21462

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 843
Total Puts 867
Put/Call Ratio 1.03
Net Difference -24

Prior's Put/Call Breakdown

Total Calls 522
Total Puts 777
Put/Call Ratio 1.49
Net Difference -255

Prior 7-Day Put/Call Summary

Total Calls 51,105
Total Puts 5,324
Average Put/Call Ratio 0.69
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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