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Alaska Air call volume above normal and directionally bullish

Bullish option flow detected in Alaska Air (ALK) with 5,380 calls trading, 1.3x expected, and implied vol increasing over 1 point to 47.77%. Oct-25 57.5 calls and Oct-25 55 calls are the most active options, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 0.13. Earnings are expected on November 6th.

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