Options activity in Alaska Air Group Inc. (ALK) accelerated on Monday morning, with total contracts traded hitting 18,104 by 10:21 a.m. New York time, based on exchange data compiled by Bloomberg.
Call options comprised the bulk of the volume - 16,393 contracts were calls, while puts accounted for 1,711 contracts. That split underscores a strong tilt toward call-side activity during the observed session.
Largest single contract flow was in the June 18, 2026 $47.50 call, which recorded 6,025 contracts traded. That series also showed an open interest of 6,839 contracts, indicating a large existing position base alongside the trading activity.
Another heavily traded instrument was the July 17, 2026 $52.50 call, which saw 5,309 contracts exchange hands and carried an open interest of 7,027 contracts.
Concentrated activity across multiple July 17, 2026 series amounted to 1,613 contracts in total. That grouping included:
- 566 contracts in the July 17, 2026 $47.50 call, with an open interest of 2,564 contracts;
- 386 contracts in the July 17, 2026 $50 call, with an open interest of 10,329 contracts; and
- 661 contracts in the July 17, 2026 $45 put, with an open interest of 553 contracts.
Additional notable volumes appeared in the June series. The June 18, 2026 $45 call traded 1,529 contracts against an open interest of 3,386 contracts. The June 18, 2026 $40 call recorded 1,067 contracts with an open interest of 1,204 contracts.
The exchange-sourced snapshot at the stated time provides a detailed view of where trading concentrated within Alaska Air Group options during that morning session. The data shows a marked preference for calls over puts across the highlighted strikes, as well as substantial open interest in several of the busiest series.
Data note - All figures reflect exchange-reported trades and open interest as compiled by Bloomberg at 10:21 a.m. New York time on Monday.