ALASKA AIR GROUP, INC. (ALK) Options Volume

4,981 ALASKA AIR GROUP, INC. (ALK) option contracts changed hands in the latest session, at a put/call volume ratio of 0.81. This page tracks how actively ALK options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$41.62
52-week range
$34.22 – $63.87
ATM IV (30d)
0.0%
IV rank
9 / 100
Low
Expected move
±$0.00 (±0.0%)
Put/call OI
0.56
Call-heavy
Max pain
$45
↑ 8.1% above close
Next earnings
Nov 4, 2026

Options Volume & Premium Flow

Total options volume4,981
Call volume2,753
Put volume2,228
Put/call volume ratio0.81
Listed contracts448
Call premium traded$574.95K
Put premium traded$552.24K
Premium put/call ratio0.96
Open interest rank (31 day)5 / 100

ALK Options Volume Trend

09.3K18.6K27.9K37.2KFeb '26May '26Aug '26

ALK total options volume per session, past year.

0.001.312.623.935.24Feb '26May '26Aug '26

ALK put/call volume ratio, past year.

ALK Unusual Options Activity

Contracts trading at least 3× their own 30-day average volume (minimum 500 contracts):

ContractExpirationLastIV Open interestVolumevs 30d avg
ALK $47.5 call Oct 16, 2026 $1.25 337 507 6.3× avg

With a put/call volume ratio of 0.81, today's trading is roughly balanced between calls and puts. Measured in dollars rather than contracts, $574.95K of call premium and $552.24K of put premium changed hands — the larger premium flow is on the call side. One contract is trading at least three times their own 30-day average volume — activity worth a closer look.

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ALK Options FAQ

How many ALK options traded today?

4,981 ALK option contracts traded as of Aug 24, 2026 — 2,753 calls and 2,228 puts.

Is there unusual options activity in ALK today?

Yes — one contract is trading at least three times its 30-day average volume as of Aug 24, 2026. OptiView flags a contract as unusual when today's volume runs at 3× its own average with at least 500 contracts traded.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.