Bullish option flow detected in Alaska Air (ALK) with 20,668 calls trading, 7x expected, and implied vol increasing almost 8 points to 46.17%. Apr-25 60 calls and Dec-24 47.5 calls are the most active options, with total volume in those strikes near 15,100 contracts. The Put/Call Ratio is 0.08. Earnings are expected on January 23rd.
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