Smart Money Is Making Large Moves in Alaska Air Group Options (NYSE: ALK)

Large investors, often referred to as whales, have taken a significantly optimistic position regarding Alaska Air Group (ALK). An examination of the recent options trading activities shows a total of 9 trades in Alaska Air Gr options.

Among these trades, 55% reflect bullish expectations from the investors, while 33% indicate bearish sentiments. Specifically, there were 5 call options amounting to $2,150,850 and 4 put options totaling $157,126.

Price Expectations for Alaska Air Group

By analyzing the volume and open interest of these contracts, it appears that major market players have identified a price range between $52.5 and $57.5 for Alaska Air Group over the past quarter.

Understanding Volume and Open Interest

In options trading, evaluating volume and open interest is a crucial strategy. These metrics provide insights into the liquidity of Alaska Air Gr’s options and the level of investor interest at specific strike prices. The upcoming data will showcase the changes in volume and open interest for both call and put options based on Alaska Air Gr’s significant trades within the strike price range of $52.5 to $57.5 over the last 30 days.

Analysis of Alaska Air Group's Option Activities Over the Last Month

Key Options Activity

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
ALK	CALL	TRADE	BULLISH	05/16/25	$3.1	$2.9	$3.1	$55.00	$2.0M	98	6.5K
ALK	PUT	TRADE	BULLISH	06/20/25	$4.7	$4.6	$4.6	$52.50	$46.4K	199	102
ALK	PUT	TRADE	BULLISH	07/18/25	$5.3	$5.2	$5.2	$52.50	$45.7K	65	94
ALK	CALL	TRADE	BEARISH	06/20/25	$4.1	$4.0	$4.0	$55.00	$40.4K	302	105
ALK	PUT	SWEEP	BEARISH	10/17/25	$8.0	$7.8	$7.9	$55.00	$38.7K	213	57

About Alaska Air Group

Alaska Air Group Inc operates two airlines - Alaska and Horizon - within three main segments. The Alaska Airlines segment provides scheduled air transportation using Boeing and Airbus aircraft for passengers and cargo across the United States and in certain parts of Mexico and Costa Rica. The Regional segment involves services provided by Horizon and other carriers under capacity purchase agreements (CPA) within a shorter route network through the U.S. and Canada. Lastly, the Hawaiian Airlines segment offers scheduled air transport using Boeing and Airbus aircraft for passenger and cargo services.

Having analyzed the options trading trends for Alaska Air Gr, we will now shift our focus directly to the company's current market positioning and performance.

Current Standing of Alaska Air Group

• Currently, ALK is trading at $52.27, reflecting a decrease of 1.1% with a trading volume of 3,002,331.
• Relative Strength Index (RSI) indicators suggest that the stock may be oversold.
• Next earnings report is anticipated to be released in 27 days.

Expert Analyst Ratings for Alaska Air Group

In the past month, three analysts have provided ratings for Alaska Air Gr, suggesting an average target price of $81.67.

Is it possible to turn $1,000 into $1,270 in just 20 days?

A seasoned options trader has shared a one-line chart technique to help traders know when to buy and sell. His trades have achieved an average profit of 27% every 20 days. Click here for access. * An analyst from UBS has maintained a Buy rating for Alaska Air Gr with a target of $75. Meanwhile, Citigroup has also recommended a Buy with a target of $81, and JP Morgan has given an Overweight rating with a target of $89.

While options trading poses a higher risk compared to trading stocks directly, they offer greater potential profits. Experienced options traders often mitigate this risk by educating themselves, scaling their positions, monitoring multiple indicators, and staying informed about market movements.

To keep up with the latest options trading updates for Alaska Air Gr, tools like Benzinga Pro can provide real-time alerts on options trades.

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