ALK Option Call 17-04-2025 32 Option on Alaska Air Group

ALK Stock  USD 54.41  1.86  3.54%   
ALK Option Call 17-04-2025 32 is a CALL option contract on Alaska Air's common stock with a strick price of 32.5 expiring on 2025-04-17. The contract was last traded on 2024-09-05 at 09:58:07 for $8.09 and, as of today, has 134 days remaining before the expiration. The option is currently trading at a bid price of $11.3, and an ask price of $12.2. The implied volatility as of the 4th of December is 134.0.
  
Call options on Alaska Air give the investor right to buy Alaska Stock at a specified price within a specific period. If Alaska Air's price is above the strike price at expiry, the profit is the current Alaska Air's stock price, minus the strike price and the premium.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Alaska Air Group will have an average daily up or down price movement of about 1.0E-6% per day over the life of the option. With Alaska Air trading at USD 54.41, that is roughly USD 0.0. If you think that the market is fully understating Alaska Air's daily price movement you should consider buying Alaska Air Group options at that current volatility level of 1.0E-5%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Alaska Air

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Alaska Air positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Alaska Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameALK Option Call 17-04-2025 32
Expires On2025-04-17
Days Before Expriration134
Last Traded On2024-09-05 09:58:07
Open Interest1
Current Trading Volume1.0
Strike Price32.5
Last Traded At8.09
Current Price Spread11.3 | 12.2

Alaska long CALL Option Payoff at expiration

Buying Alaska Air's call option is the simplest of option trades. A call option on Alaska Stock gives investors the right (but not the obligation) to purchase Alaska Air at the given strike price. Therefore Alaska Air's call intrinsic value or payoff at expiration depends on where the Alaska Stock price is relative to the call option strike price. The strike price of 32.5 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Alaska Air's price. Finally, at the break-even point of 32.5, the line crosses zero, and trading Alaska becomes profitable.
   Profit   
       Alaska Air Price At Expiration  

Alaska short CALL Option Payoff at expiration

By selling Alaska Air's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Alaska Air will generally make money when the underlying price goes down. Therefore Alaska Air's call intrinsic value or payoff at expiration depends on where the Alaska Stock price is relative to the call option strike price. The strike price of 32.5 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Alaska Air's price. Finally, at the break-even point of 32.5, the line crosses zero, and trading Alaska becomes disadvantageous with no downside limits.
   Profit   
       Alaska Air Price At Expiration  
View All Alaska Air Options

Alaska Air Group Available Call Options

Alaska Air's option chain is a display of a range of information that helps investors for ways to trade options on Alaska. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Alaska. It also shows strike prices and maturity days for a Alaska Air against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntExpirationCurrent SpreadLast Price
Call
ALK Option Call 20-12-2024 27502024-12-2023.1 - 27.518.8In
Call
ALK Option Call 20-12-2024 3702024-12-200.0 - 0.015.5In
Call
ALK Option Call 20-12-2024 4002024-12-200.0 - 0.012.55In
Call
ALK Option Call 20-12-2024 4202024-12-200.0 - 0.011.85In
Call
ALK Option Call 20-12-2024 4502024-12-200.0 - 0.08.41In
Call
ALK Option Call 20-12-2024 4702024-12-200.0 - 0.06.8In
Call
ALK Option Call 20-12-2024 5002024-12-200.0 - 0.04.5In
Call
ALK Option Call 20-12-2024 5202024-12-200.0 - 0.03.0In
Call
ALK Option Call 20-12-2024 5502024-12-200.0 - 0.01.45Out
Call
ALK Option Call 20-12-2024 5702024-12-200.0 - 0.01.0Out
Call
ALK Option Call 20-12-2024 6002024-12-200.0 - 0.00.45Out
Call
ALK Option Call 20-12-2024 6202024-12-200.0 - 0.00.25Out

Alaska Air Corporate Directors

Jessie KnightIndependent DirectorProfile
Helvi SandvikIndependent DirectorProfile
Patricia BedientLead Independent DirectorProfile
Susan LiIndependent DirectorProfile
When determining whether Alaska Air Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alaska Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alaska Air Group Stock. Highlighted below are key reports to facilitate an investment decision about Alaska Air Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alaska Air Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alaska Air. If investors know Alaska will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alaska Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.704
Earnings Share
2.51
Revenue Per Share
85.034
Quarterly Revenue Growth
0.082
Return On Assets
0.0286
The market value of Alaska Air Group is measured differently than its book value, which is the value of Alaska that is recorded on the company's balance sheet. Investors also form their own opinion of Alaska Air's value that differs from its market value or its book value, called intrinsic value, which is Alaska Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alaska Air's market value can be influenced by many factors that don't directly affect Alaska Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alaska Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alaska Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alaska Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.