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Alaska Air call volume above normal and directionally bullish

Alaska Air call volume above normal and directionally bullish

Bullish option flow detected in Alaska Air (ALK) with 12,632 calls trading, 2x expected, and implied vol increasing over 3 points to 44.32%. Feb-25 72.5 calls and Feb-25 70 calls are the most active options, with total volume in those strikes near 9,300 contracts. The Put/Call Ratio is 0.26. Earnings are expected on January 23rd.

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