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Alaska Air call volume above normal and directionally bullish

Bullish option flow detected in Alaska Air (ALK) with 4,098 calls trading, 1.2x expected, and implied vol increasing over 1 point to 55.29%. May-25 55 calls and Jul-25 55 calls are the most active options, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 0.19. Earnings are expected on April 17th.

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