ALK
Alaska Air Group
Rating 3.8 / 5 AI signal Open signal

Credit put spread analysis · · Good setup

AI analysis

Credit here has to justify the gap risk — and at 100% IV, it does. The stock's up 28% in two months, so this -5% pullback is a healthy breather, not a breakdown. The doji reversal signal suggests the selling is finding a floor near the $46.

50 prior consolidation zone. That's our key support. The math is compelling: IV is double the realized vol, so we're selling expensive fear.

A $45/$43 put spread 36 days out captures a decent $0. 75 credit on a $2-wide risk. That's a 0.

375 credit-to-width ratio, paying you to defend a level the chart already respects. Max loss is defined and manageable. Verdict: Sell the panic, buy the floor.

Hypothetical credit put spread idea

AI-evaluated setup from the latest screen — for education only. Expiration Aug 20, 2026.

Sell
$40.00
Short put (collects premium)
Buy
$38.00
Long put (caps risk)
Width
$2.00
Estimated credit
$0.00
Max risk
$2.00
Return on risk
0.0%
Expiration
Aug 20, 2026

Hypothetical AI analysis for education & entertainment — not financial advice or a recommendation to trade. Disclaimer.

Earlier analyses

  1. 4.2/5 Open signal

    Credit here has to justify the gap risk — and with IV at 100% and a 2.19 IV/RV ratio, it does. The stock is up 28% in two months, so this -5% dip is a pullback within a strong uptrend. The Doji reversal signal suggests t…

  2. 3.8/5 Open signal

    Credit here has to justify the gap risk — and at 86% IV, it does. The stock's up 28% in two months, so this -5% pullback is a healthy breather. The doji reversal signal suggests selling pressure is exhausting, and the 75…

  3. 3.2/5 Hold signal

    Structure-wise, this is a classic 'hot stock cooling off' play. ALK ripped 28% in two months, so a 5% flush is just profit-taking, not a trend break. The chart shows $45 as a major support level from the May breakout — t…

  4. 3.2/5 Hold signal

    Credit here has to justify the gap risk — and at 100% IV, it does. The stock is still up 6% over two months, and that Bullish Engulfing pattern suggests this -7.6% flush found a floor near $50. But the chart is messy; we…

  5. 2.5/5 Hold signal

    The premium math is where this gets interesting: IV at 100% screams panic, but the chart shows a stock that just cratered through its 2-month uptrend. That Bullish Engulfing pattern is a flicker of hope, but it's a singl…