ALK Option Call 15-01-2027 50 Option on Alaska Air Group
ALK Stock | USD 54.41 1.86 3.54% |
ALK Option Call 15-01-2027 50 is a CALL option contract on Alaska Air's common stock with a strick price of 50.0 expiring on 2027-01-15. The contract was last traded on 2024-11-13 at 09:30:32 for $13.8 and, as of today, has 772 days remaining before the expiration. The option is currently trading at a bid price of $11.6, and an ask price of $15.2. The implied volatility as of the 4th of December is 772.0.
Alaska |
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 2027-01-15 Option Contract
The options market is anticipating that Alaska Air Group will have an average daily up or down price movement of about 0.0297% per day over the life of the option. With Alaska Air trading at USD 54.41, that is roughly USD 0.0162. 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 0.48%. 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 Name | ALK Option Call 15-01-2027 50 |
Expires On | 2027-01-15 |
Days Before Expriration | 772 |
Last Traded On | 2024-11-13 09:30:32 |
Open Interest | 5 |
Current Trading Volume | 1.0 |
Strike Price | 50.0 |
Last Traded At | 13.8 |
Current Price Spread | 11.6 | 15.2 |
Rule 16 Daily Up or Down | USD 0.0162 |
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 50.0 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 50.0, 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 50.0 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 50.0, the line crosses zero, and trading Alaska becomes disadvantageous with no downside limits.
Profit |
Alaska Air Price At Expiration |
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 Int | Expiration | Current Spread | Last Price | |||
Call | ALK Option Call 20-12-2024 27 | 50 | 2024-12-20 | 23.1 - 27.5 | 18.8 | In |
Call | ALK Option Call 20-12-2024 37 | 0 | 2024-12-20 | 0.0 - 0.0 | 15.5 | In |
Call | ALK Option Call 20-12-2024 40 | 0 | 2024-12-20 | 0.0 - 0.0 | 12.55 | In |
Call | ALK Option Call 20-12-2024 42 | 0 | 2024-12-20 | 0.0 - 0.0 | 11.85 | In |
Call | ALK Option Call 20-12-2024 45 | 0 | 2024-12-20 | 0.0 - 0.0 | 8.41 | In |
Call | ALK Option Call 20-12-2024 47 | 0 | 2024-12-20 | 0.0 - 0.0 | 6.8 | In |
Call | ALK Option Call 20-12-2024 50 | 0 | 2024-12-20 | 0.0 - 0.0 | 4.5 | In |
Call | ALK Option Call 20-12-2024 52 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.0 | In |
Call | ALK Option Call 20-12-2024 55 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.45 | |
Call | ALK Option Call 20-12-2024 57 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.0 | |
Call | ALK Option Call 20-12-2024 60 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.45 | |
Call | ALK Option Call 20-12-2024 62 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.25 |
Alaska Air Corporate Directors
Jessie Knight | Independent Director | Profile | |
Helvi Sandvik | Independent Director | Profile | |
Patricia Bedient | Lead Independent Director | Profile | |
Susan Li | Independent Director | Profile |
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.