Bullish option flow detected in Alaska Air (ALK) with 10,295 calls trading, 4x expected, and implied vol increasing over 3 points to 36.60%. Jan-25 65 calls and Apr-25 57.5 calls are the most active options, with total volume in those strikes near 10,000 contracts. The Put/Call Ratio is 0.01. Earnings are expected on January 23rd.
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