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Alaska Air call volume above normal and directionally bullish

Bullish option flow detected in Alaska Air with 1,464 calls trading, 1.3x expected, and implied vol increasing over 1 point to 31.81%. Oct-24 55 calls and Jun-24 45 calls are the most active options, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 0.15. Earnings are expected on July 23rd.

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