Jun. 15 at 9:11 PM
$ALK ripping with a solid 5-day breakout, up 11% and adding 3.7% today
Traders are piling into those near-dated ITM calls, about 5,800 at the 47.5 and 45 strikes, throwing down
$1.86M
All eyes on the mid-
$40S to
$50 zone as the options flow is all calls, no puts, with 8.2x momentum
No new news driving this, just pure bullish energy
Implied vols sitting around 50 to 60%
If you're jumping in, maybe think about defined-risk plays in case things shift
