Alaska Air Group (ALK) Options Chain
NYSE: ALKConsumer DiscretionaryAir Freight/Delivery ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Feb 19, 2027
- Days to expiration
- 131
- Share price
- $39.36
- Put/call ratio (OI)
- 0.30
- Put/call ratio (volume)
- 0.12
- Expected move
- ±$12.29
- Open interest (C / P)
- 1.06K / 318
ALK options summary
The ALK options chain for the February 19, 2027 expiration lists 14 call and 10 put contracts, with 131 days until expiration. Open interest stands at 1,062 calls and 318 puts, a put/call ratio of 0.30, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $40.00 strike is 52.1%, which implies the market expects a move of about ±$12.29 (31.2%) in Alaska Air Group stock by expiration.
The most open interest sits at the $52.50 call (529 contracts) and the $37.50 put (207 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
ALK options chain · February 19, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 17.70 | 16.30 | 17.90 | 22.50 | 0.05 | 0.55 | 0.25 | |||||
| — | — | — | 25.00 | 0.30 | 0.55 | 0.50 | |||||
| — | — | — | 27.50 | 0.60 | 0.80 | 0.70 | |||||
| — | — | — | 30.00 | 1.00 | 1.20 | 1.40 | |||||
| 9.59 | 8.20 | 9.30 | 32.50 | 1.55 | 1.85 | 1.80 | |||||
| — | — | — | 35.00 | 2.20 | 2.70 | 2.80 | |||||
| — | — | — | 37.50 | 3.10 | 4.00 | 3.80 | |||||
| 4.95 | 4.30 | 4.90 | 40.00 | 4.30 | 5.30 | 4.33 | |||||
| 3.78 | 3.30 | 3.90 | 42.50 | 5.70 | 6.90 | 6.30 | |||||
| 3.15 | 2.35 | 3.30 | 45.00 | 7.40 | 8.60 | 7.69 | |||||
| 2.50 | 1.80 | 2.30 | 47.50 | — | — | — | |||||
| 1.60 | 1.30 | 1.80 | 50.00 | — | — | — | |||||
| 1.40 | 1.05 | 1.35 | 52.50 | — | — | — | |||||
| 1.04 | 0.75 | 1.05 | 55.00 | — | — | — | |||||
| 1.23 | 0.55 | 1.00 | 57.50 | — | — | — | |||||
| 1.20 | 0.40 | 0.80 | 60.00 | — | — | — | |||||
| 3.70 | 0.80 | 1.00 | 65.00 | — | — | — | |||||
| 1.49 | 0.00 | 0.00 | 70.00 | — | — | — | |||||
| 0.41 | 0.00 | 0.35 | 75.00 | — | — | — | |||||
In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.
Frequently asked questions
What is the ALK put/call ratio?
For the February 19, 2027 expiration, the ALK put/call ratio based on open interest is 0.30 (318 puts vs 1,062 calls), and 0.12 based on today's volume. A ratio above 1 means more puts than calls.
What is ALK's implied volatility?
At-the-money implied volatility for ALK options expiring February 19, 2027 is about 52.1%, an annualized estimate of how much the market expects Alaska Air Group stock to move.
How many ALK option expiration dates are there?
ALK has 11 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.
What does "in the money" mean?
A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.