Alaska Air Group Inc

ALKNYSE · USD
38.48USD0.00 (-1.46%)
757

Alaska Air Group Inc (ALK) Covered Calls

Alaska Air Group Inc trades in the Airlines industry with an IV Rank of 33.73%, average versus the past year. ALK's highest covered call setup is the $47.50 strike expiring Nov 20, 2026, sorted by theoretical annualized return. It's 15.77% out of the money with 9 days to expiration, a 15.89% return until expiration, and a 644.46% theoretical annualized return. Across the setups shown, annualized returns run from 226.49% to 644.46% at strikes between $45.00 and $75.00, with 9 to 100 days to expiration, as of Nov 11, 2026.

Read more

Running ALK covered calls helps you generate income from Alaska Air Group Inc shares you already own, turning a long stock position into a yield producing asset. A covered call means holding the underlying stock and selling a call option against it, collecting premium in exchange for capping upside at the strike. Use our scanner to find the best ALK covered calls in real time and filter for the strikes, expiries, and premiums that fit your strategy.

A covered call pairs limited risk with a clear income profile. If ALK stays below the strike at expiration, you keep the premium and the shares. If it rises above, you deliver the stock at the strike and still pocket the premium. Selling ALK covered calls works best when implied volatility is elevated, since richer premiums improve the risk reward. Key inputs include strike selection relative to delta, days to expiration, annualized return, and probability of assignment, all of which determine whether a given ALK covered call is worth writing.

Alaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates through three segments: Mainline, Regional, and Horizon. It flies to approximately 120 destinations throughout North America. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington.

2026-11-20947.5015.770.050.35652.0015.89644.46-0.12+0.103490.30
2026-11-20945.009.680.200.55417.0010.16412.18-0.49+0.181,4700.35
2026-12-183757.5040.140.050.251652.0040.26397.19-0.12+0.051140.20
2026-12-183755.0034.050.050.351402.0034.17337.08-0.12+0.075130.30
2027-02-1910075.0082.790.050.353402.0082.91302.64-0.12+0.0440.30
2026-12-183752.5027.960.200.501167.0028.44280.58-0.49+0.111850.30
2027-01-156560.0046.230.150.451912.0046.60261.68-0.37+0.073,8530.30
2027-02-1910070.0070.610.050.552902.0070.73258.16-0.12+0.06120.50
2027-01-156557.5040.140.250.601672.0040.75228.83-0.61+0.103760.35
2026-12-183750.0021.860.450.50942.0022.96226.49-1.10+0.146010.05

As of Nov 11, 2026

Prices move. This one stays.Lock in 5 years at a special price and save $2,243. Ending soon.See the Early Bird Black Friday deal →

Stock Statistics

  • IndustryAirlines
  • SectorIndustrials
  • IV Rank33.73% Moderate
  • Market cap (M$)4,340
  • 52 weeks high-36.53%
  • 52 weeks low19.02%
  • Analyst recommendationStrong Buy
    1.50
  • Target price$51.75
    34.49% above the current stock price
  • Dividend—
  • Payout ratio0.00%
  • Earnings date2027-01-28
  • P/E—
  • Future P/E12.43
  • EPS (ttm)-3.51
  • EPS growth next 5 years45.89%

As of Nov 13, 2026