Tour v334
ALK
ALASKA AIR GROUP INC
$46.87 +0.15%
$46.90 (+0.06%)🌙
as of 07/14 06:02 PM
7/14 18:02

Option Volume

Detail
Current (07/14) 651
Calls: 328 (50%)
Puts: 323 (50%)
Prior (07/13) 33,836
Calls: 32,599 (96%)
Puts: 1,237 (4%)
Current vs Prior -98.08%
Calls: -98.99% (Calls)
Puts: -73.89% (Puts)
Prior 7-Day Total 57,928
Calls: 52,375 (90%)
Puts: 5,553 (10%)
Prior 7-Day Average 8,275
Calls: 7,482 (90%)
Puts: 793 (10%)
Current vs Prior 7-Day Avg -92.13%
Calls: -95.62%
Puts: -59.28%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/14) $152.9K
Calls: $102.9K (67%)
Puts: $50.1K (33%)
Prior (07/13) $2.86M
Calls: $2.29M (80%)
Puts: $567.6K (20%)
Current vs Prior -94.65%
Calls: -95.51%
Puts: -91.18%
Prior 7-Day Total $6.20M
Calls: $4.81M (77%)
Puts: $1.40M (23%)
Prior 7-Day Average $886.4K
Calls: $686.9K (77%)
Puts: $199.5K (23%)
Current vs Prior 7-Day Avg -82.75%
Calls: -85.02%
Puts: -74.90%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/14) 0.98
Prior (07/13) 0.04
Current vs Prior +2495.15%
Prior 7-Day Average 0.43
Current vs Prior 7-Day Avg +129.18%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/14) 133,971
Calls: 98,276 (73%)
Puts: 35,695 (27%)
Prior (07/13) 146,442
Calls: 111,201 (76%)
Puts: 35,241 (24%)
Current vs Prior -8.52%
Prior 7-Day Total 1,051,763
Calls: 809,763 (77%)
Puts: 242,000 (23%)
Prior 7-Day Average 150,251
Calls: 115,680 (77%)
Puts: 34,571 (23%)
Current vs Prior 7-Day Avg -10.84%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 4.76% | 16.32%4.76% | 16.32%
Prior 6.05% | 16.67%6.05% | 16.67%
Current vs Prior -21.32% | -2.07%-21.32% | -2.07%
Prior 7-Day Avg 10.47% | 19.42%10.47% | 19.42%
Current vs 7-Day Avg -54.55% | -15.94%-54.54% | -15.94%
Prior 7-Day Eod 6.05% | 16.67%6.05% | 16.67%
Current vs 7-Day Eod -21.32% | -2.07%-21.32% | -2.07%
Sentiment BULLISHBULLISH

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 67% call dollar volume ($102.9K). Light premium activity with dollar volume down 95% vs prior. Below-average activity with volume down 98% vs prior. P/C ratio rising 2495% - increased hedging/bearish 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 5 of results (avg 5.8%, best 4.4%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Aug 214.705.00$4.856.2%10.628
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$55.00Aug 218.909.30$9.104.4%--0.7536
$50.00Aug 215.405.70$5.555.4%100.5878
$52.50Aug 217.007.40$7.205.6%120.6741
$47.50Aug 213.904.20$4.057.4%20.4831

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
$47.50Jul 170.750.90$0.8318.1%130.431.6K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 15 found (avg delta 0.78, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$37.50Jul 178.509.90$9.2015.2%50.97148
$40.00Jul 176.507.50$7.0014.3%--0.94580
$42.50Jul 173.804.80$4.3023.3%--0.921.4K
$37.50Aug 219.4011.00$10.2015.7%--0.8718
$40.00Aug 217.908.80$8.3510.8%10.807
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$52.50Jul 174.806.50$5.6530.1%10.94328
$55.00Jul 177.409.30$8.3522.8%20.94104
$50.00Jul 173.103.70$3.4017.6%130.831.1K
$55.00Aug 218.909.30$9.104.4%--0.7536
$52.50Aug 217.007.40$7.205.6%120.6741

Most actively traded options today. High liquidity = easy entry/exit. 25 active (total vol 479, top 79)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Jul 172.002.50$2.2522.2%590.772.8K
$50.00Jul 170.150.40$0.2889.3%410.173.7K
$50.00Aug 212.502.80$2.6511.3%240.42242
$55.00Jul 170.000.15$0.08187.5%180.047.3K
$52.50Jul 170.000.15$0.08187.5%160.0612.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$42.50Jul 170.050.20$0.13115.4%790.081.6K
$40.00Jul 170.000.25$0.13192.3%680.06878
$45.00Aug 212.302.95$2.6324.7%260.38118
$47.50Jul 171.251.55$1.4021.4%170.57686
$40.00Aug 211.001.25$1.1322.1%140.19340

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 15 strikes (avg 42.6%, max 110.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$37.50Jul 17Aug 21139.2%66.0%110.8%5166
$40.00Jul 17Aug 21116.8%63.9%82.8%1587
$55.00Jul 17Aug 21101.7%63.3%60.7%338.4K
$52.50Jul 17Aug 2177.4%63.7%21.4%2812.6K
$45.00Jul 17Aug 2167.2%59.0%13.8%602.8K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$37.50Jul 17Aug 21139.2%66.0%110.8%--958
$40.00Jul 17Aug 21116.8%63.9%82.8%821.2K
$55.00Jul 17Aug 21101.7%63.3%60.7%2140
$42.50Jul 17Aug 2180.4%60.3%33.4%921.8K
$52.50Jul 17Aug 2177.4%63.7%21.4%13369

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 15 found (best R:R 11.50, avg 3.02)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$50.00$52.50Jul 17$0.20$2.30$0.2011.50$50.20
$47.50$50.00Jul 17$0.55$1.95$0.553.55$48.05
$52.50$55.00Aug 21$0.58$1.92$0.583.31$53.08
$50.00$52.50Aug 21$0.80$1.70$0.802.13$50.80
$47.50$50.00Aug 21$0.95$1.55$0.951.63$48.45
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$45.00$42.50Jul 17$0.27$2.23$0.278.26$44.73
$40.00$37.50Aug 21$0.45$2.05$0.454.56$39.55
$42.50$40.00Aug 21$0.57$1.93$0.573.39$41.93
$45.00$42.50Aug 21$0.93$1.57$0.931.69$44.07
$47.50$45.00Jul 17$1.00$1.50$1.001.50$46.50

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 22 found (best R:R 9.00, avg 2.00)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$37.50$40.00Jul 17$2.20$2.20$0.307.33$39.70
$42.50$45.00Jul 17$2.05$2.05$0.454.56$44.55
$37.50$40.00Aug 21$1.85$1.85$0.652.85$39.35
$40.00$45.00Aug 21$3.50$3.50$1.502.33$43.50
$45.00$47.50Jul 17$1.42$1.42$1.081.31$46.42
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$52.50$50.00Jul 17$2.25$2.25$0.259.00$50.25
$50.00$47.50Jul 17$2.00$2.00$0.504.00$48.00
$55.00$52.50Aug 21$1.90$1.90$0.603.17$53.10
$52.50$50.00Aug 21$1.65$1.65$0.851.94$50.85
$50.00$47.50Aug 21$1.50$1.50$1.001.50$48.50

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 15 found (avg debit $1.70, cheapest $0.60)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$37.50Jul 17Aug 21$1.00139.2%66.0%
$55.00Jul 17Aug 21$1.19101.7%63.3%
$40.00Jul 17Aug 21$1.35116.8%63.9%
$52.50Jul 17Aug 21$1.7777.4%63.7%
$50.00Jul 17Aug 21$2.3773.0%64.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$37.50Jul 17Aug 21$0.60139.2%66.0%
$55.00Jul 17Aug 21$0.75101.7%63.3%
$40.00Jul 17Aug 21$1.00116.8%63.9%
$52.50Jul 17Aug 21$1.5577.4%63.7%
$42.50Jul 17Aug 21$1.5780.4%60.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 15 found (cheapest 4.76% of stock, avg 15.17%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$47.50Jul 17$0.83$1.40$2.23$45.27$49.734.76%
$45.00Jul 17$2.25$0.40$2.65$42.35$47.655.65%
$50.00Jul 17$0.28$3.40$3.68$46.32$53.687.85%
$42.50Jul 17$4.30$0.13$4.43$38.07$46.939.45%
$52.50Jul 17$0.08$5.65$5.73$46.77$58.2312.23%
$40.00Jul 17$7.00$0.13$7.13$32.87$47.1315.21%
$45.00Aug 21$4.85$2.63$7.48$37.52$52.4815.96%
$47.50Aug 21$3.60$4.05$7.65$39.85$55.1516.32%
$50.00Aug 21$2.65$5.55$8.20$41.80$58.2017.50%
$55.00Jul 17$0.08$8.35$8.43$46.57$63.4317.99%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 24 found (cheapest 0.45% of stock, avg 5.77%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$52.50$42.50Jul 17$0.08$0.13$0.21$42.29$52.71
$52.50$40.00Jul 17$0.08$0.13$0.21$39.79$52.71
$50.00$42.50Jul 17$0.28$0.13$0.41$42.09$50.41
$50.00$40.00Jul 17$0.28$0.13$0.41$39.59$50.41
$52.50$45.00Jul 17$0.08$0.40$0.48$44.52$52.98
$50.00$45.00Jul 17$0.28$0.40$0.68$44.32$50.68
$47.50$42.50Jul 17$0.83$0.13$0.96$41.54$48.46
$47.50$40.00Jul 17$0.83$0.13$0.96$39.04$48.46
$47.50$45.00Jul 17$0.83$0.40$1.23$43.77$48.73
$55.00$37.50Aug 21$1.27$0.68$1.95$35.55$56.95

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 17 found (best R:R 7.93, avg credit $1.48)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
45/4850/52Aug 21$2.22$0.287.93$45.28$52.22
48/5052/55Aug 21$2.08$0.424.95$47.92$54.58
45/4852/55Aug 21$2.00$0.504.00$45.50$54.50
42/4548/50Aug 21$1.88$0.623.03$43.12$49.38
40/4245/48Aug 21$1.82$0.682.68$40.68$46.82
42/4550/52Aug 21$1.73$0.772.25$43.27$51.73
38/4045/48Aug 21$1.70$0.802.12$38.30$46.70
40/4248/50Aug 21$1.52$0.981.55$40.98$49.02
42/4552/55Aug 21$1.51$0.991.53$43.49$54.01
38/4048/50Aug 21$1.40$1.101.27$38.60$48.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 19 found (best R:R 30.25, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$47.50$50.00$52.50Aug 21$0.15$2.3515.67
$50.00$52.50$55.00Jul 17$0.20$2.3011.50
$50.00$52.50$55.00Aug 21$0.22$2.2810.36
$45.00$47.50$50.00Aug 21$0.30$2.207.33
$47.50$50.00$52.50Jul 17$0.35$2.156.14
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$45.00$47.50$50.00Aug 21$0.08$2.4230.25
$37.50$40.00$42.50Aug 21$0.12$2.3819.83
$47.50$50.00$52.50Aug 21$0.15$2.3515.67
$47.50$50.00$52.50Jul 17$0.25$2.259.00
$50.00$52.50$55.00Aug 21$0.25$2.259.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 21 found (best net $-1.35, 15 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$40.00$45.001:2Aug 21-$1.35$3.65
$52.50$55.001:2Jul 17-$0.08$2.42
$42.50$45.001:2Jul 17-$0.20$2.30
$52.50$55.001:2Aug 21-$0.69$1.81
$50.00$52.501:2Aug 21-$1.05$1.45
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$40.00$37.501:2Jul 17-$0.03$2.47
$42.50$40.001:2Jul 17-$0.13$2.37
$40.00$37.501:2Aug 21-$0.23$2.27
$42.50$40.001:2Aug 21-$0.56$1.94
$45.00$42.501:2Aug 21-$0.77$1.73

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 6 found (best yield 7.25%, avg 3.46%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$47.50Aug 21$3.400.521.3%7.25%8.60%4143
$50.00Aug 21$2.500.426.7%5.33%12.01%24242
$52.50Aug 21$1.750.3312.0%3.73%15.75%12412
$55.00Aug 21$1.200.2517.4%2.56%19.91%151.1K
$47.50Jul 17$0.750.431.3%1.60%2.94%131.6K
$50.00Jul 17$0.150.176.7%0.32%7.00%413.7K

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 328
Total Puts 323
Put/Call Ratio 0.98
Net Difference 5

Prior's Put/Call Breakdown

Total Calls 32,599
Total Puts 1,237
Put/Call Ratio 0.04
Net Difference 31,362

Prior 7-Day Put/Call Summary

Total Calls 52,375
Total Puts 5,553
Average Put/Call Ratio 0.43
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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