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Who is taking the biggest hit tomorrow: BA, SPR, or ALK?
Hertz is a Thrifty buy for traders on a Budget
$ALEX Poised to Capitalize on $ALK's Acquisition of $HA
$ALEX Poised to Capitalize on $ALK's Acquisition of $HA
Some people say that SPX will return to 4200 points this year.
Stock strategy idea. Help me understand why it's a bad idea?
Alaska Airlines upgraded, Allegiant downgraded at Barclays (NYSE:ALK)
($ALK $ALKEF) Alkane Resources: Production impresses at Tomingley
Why do airline stock prices have such high PE ratios?
Trading momentarily down, we apologize for any incontinence
Ready for some major BLOW OUT EARNINGS ALK
Bullish and bearish cases for American airline stocks
STUDENT COIN ICO --- !! ALERT !! LAST PHASE IN PROGESS !! Join now !!
Have y’all been messing with ALK?
Mentions
But to counter the ALK buy…I went back into CCL and it’s been mostly sideways. Sold for a slight loss…although their redemption of another 500M in new debt notes was unforeseen
Hmm yeah I’m with you. I try to buy aligned with what I perceive market sentiment to be…which is mostly successful? Except when it isn’t? I’m in the green but have a hard time pacing the S&P. I most recently time ALK well. Bought a bunch when that hatch blew out, with the assumption the fundamentals hadn’t changed….here I am up over 30%. But by no means is that D&D I’m confident enough to tell friends to put money on. Most of my $$ is in index funds but my would-be house downpayment I play with…since the likelihood of buying a house at this point might depend on it hahah
Pump ALK boys, strong earnings beat and guidance
ALK shares are literally free money, they destroyed earnings
ALK heading for a 17% increase like UAL yesterday
Stop betting on stocks where earnings is very obviously priced in like TSM. Pump ALK
Playing ALK earnings and then NFLX
Why isn’t ALK going down given the news?
Anyone got an opinion on ALK earnings? I am thinking calls
why is ALK -Alaska Airlines Not dropping?
Thoughts on ALK? Made a few baggers on UAL and I’m addicted to airlines now
Valid strategy. I do it almost exclusively in one account with great success. As others have mentioned, watch your savings rate/mmf 7day yield. Last I looked vfdxx was 5.14%. But, if you have option coverage reqs, you may not be able to use vfdxx as a savings vehicle. I do much further dated, usually the 2026 expiries , some 2025s currently. I want larger premiums and in many ways less risk. You still need to be aware of basic chart cycles. Im currently in a 2026 NKE 80 that may give me some headache for awhile because I sold it slightly early. If it loses support, Ill be looking at a red mark for awhile. But with time Ill expect to regain footing. I sold 2025 ALK 42.5 last year, its been all over the place but now solid green after being over 50% in the hole a few mo ago. These were notable trades that I entered early. The point is, you still want to perfect your entry.
Can the govt hurry up and sue ALK already? My HA puts are for April
You're welcome. I'm happy to help however I can. May I try to to clarify some concepts? A lot of people seem to be confused about a view of the market, a strategy, an edge, a type of play, a trade structure, and a play. **View of the Market**: An assessment of whether the market, overall, or the subset of it that's relevant to your potential play, is likely to be green, red, or neutral during the course of a potential play. This is complicated, but a core aspect of it involves knowing how to analyze, interpret, and act on the evolving behavior of futures, e.g. /ES, /NQ, and /VX, including volume. /VX is incredibly important. **Strategy**: An algorithm for trading that has an edge. I like the dictionary definition: "a general plan to achieve one or more long-term or overall goals under conditions of uncertainty." Implementing a strategy involves selecting a trade structure and creating a play, but a strategy is not a trade structure. An example of a strategy is this: wait for SPX to close in the red (nearly) four days in a row. (This is rare.) Then, within five minutes of the close of the fourth day, short a put spread with an upper striking price 1.00% below the spot price. Due to some degree of mean reversion, this is likely to be a viable strategy with an edge, but the opportunity to execute it would be very infrequent. Many strategies these days are derived empirically using data analytics, but you have to be careful because when market conditions change, they might no longer have an edge. **Edge**: A sustainable probability of profit higher than what can be had by buying and holding SPY or QQQ that results from the product of one's win rate and the average profit from winners compared to the average loss from losers as the sample size grows large (at least 100 trades, but ideally many more). Although most people wouldn't bring SPY or QQQ into the idea of an edge at all, I think that it's imperative, because it doesn't make sense to trade unless you can do much better than buying SPY or QQQ. **Type of Play**: A category of play, such as earnings crashes, pre-earnings run-ups, binary earnings bets, directional bets, volatility bets, opportunistic news catalyst bets (such as the DOJ criminal investigation into BA for the ALK midair door blowout), opportunistic macroeconomic data bets, rangers, undervaluation or overvaluation bets, purely statistical bets, sympathetic bets, and many others. (Think of templates in C++.) **Trade Structure**: A single legged option or a combination of legs into a more complicated structure to express your view of the market and serve as the template for a bullish, bearish, or neutral play. (Think of this as you would a class in Java or Python.) You can see examples of the typical trade structures, each of which have common names, here: [https://www.optionsplaybook.com/option-strategies/](https://www.optionsplaybook.com/option-strategies/). I read a statistic that some astronomical percentage of options traders only trade long calls and long puts; it was well over 80%, and possibly over 90%. Only a very, very small percentage knows how to trade, and does trade, multi-legged trade structures. Also, it's worth pointing out that professional traders generally trade volatility, not direction. **Play**: A fully specified instance of a trade structure with concrete striking price(s) and expiration date(s). (A play instantiates a trade structure.) At least, this is how I try to keep things straight in my own mind. :) It's also very important to understand how the Black-Scholes-Merton (BSM) differential equations work, conceptually, and what the (literally dozens of) parameters, the most well-known of which are delta, gamma, theta, vega, and rho, which describe option price sensitivity to various factors, mean, and how they can be used to give you a preliminary idea of risk, among other benefits. As a software engineer, you have a great advantage. If you can get the data that you need, you can develop Python code (or use R, if you prefer it; Python is easier and more flexible, especially if you ask Google Bard for help!) to explore potential strategies. It's amazing how many incredibly useful Open Source Python financial libraries there are. The learning curve is steep and requires a background in statistics, not to mention a very, very high threshold for frustration. The main barrier to entry is that it's (very) expensive to buy granular data from a data provider, and you would need not only underlying, e.g. SPX, data, but comprehensive options chain data. Generally, the sampling frequency is every minute, which isn't great, but you can also try to create your own fine-grained miniature data lake by intercepting data from a retail brokerage and streaming it to a flat file in near-real-time. I work with a very small team that does this type of work. Finally, there is another, almost mystical, side to this: discretionary trading. This is predicated on an individual brain's ability to recognize meta-patterns from years of intensive observation that would be difficult to turn into an imperative algorithm. Discretionary traders might call this intuition. If you want to learn to trade options profitably, it's going to take a long time. There are many different ways of trading, and each can have an edge in the right market conditions. Part of what you should do will depend on your particular personality and skills. Follow your strengths. The initial step is to learn how all of this works conceptually, bit by bit, and start developing concrete skills through repetitive drills. These are some of the kinds of things that I'm going to teach in the LearnOptions subreddit. Feel free to join, if you like. The journey of a thousand miles begins with a single step. After that last mile, I hope that you'll find financial freedom. Artyom
Best domestic airline? ALK? LUV?
I like vicariously through the shares I buy. RACE, ALK, LVMUY and MTCH
At the risk of jinxing it… do we think ALK has more runway? Have they said AI YET?
HA. That merger with ALK has to hit
well either way they only grounded ALK and UAL. point still stands.
AA is Alcoa. AAL is American Airlines. ALK is Alaska. UAL is United Airlines. The problem was common to the airplane type not any particular airline.
Had an opportunity today to put a couple dollars in either TSLA of BA .. I’m more bullish on BA for long term. I like JETS, and I’m a west coaster ergo always bullish on ALK to get me where I need to go (packing a parachute as my only carry on now lol)
Why is there so little open interest in ALK (in the tens of contracts) And then there are 23.7K OTM put contracts with a $30 strike. That’s 20% from the current price. ALK fuk?
ALK is one of the most profitable airlines in the industry as a whole. I don't think they fit in with your theory here.
The Spirit/JetBlue deal was killed because They felt the merger would cause tickets prices to be higher for customers. This ALK deal doesn't pose those same challenges.
Who’s gonna SAVE them now ? I dumped all my JBLU a long time ago and put into ALK, and thanks to BA, ALK is sliding a bit but no worries there. I’m still into JETS and always will be lol
ALK, all in on them since I've seen how they celebrate pride month by having mean trannies throw peanuts at passengers. Great company big future, Seattle is a thriving place!!
Alaska Airlines allowed the flights knowing the “pressurization” shit was failing They ignored multiple occurrences with this specific plane and kept it over-land in case something went wrong They knowingly flew a faulty plane and are trying to cast fault on others lol fuck you ALK You’re absolute trash
Happy to see ALK bouncing back. Bought that dip. And in other news AAPL stock rises due to that iPhone surviving a 16,000 ft drop. Yeah. No. Lol.
The specific Boeing 737 that experienced the incident had 3 prior flights that had a pressurization warning light ALK restricted the flight to over-land only in case of an emergency So Alaska Airlines new there was an issue with the plane and flew it anyway, ignoring the potential danger Calls on BA Puts on ALK
ALK calls at open were the real play all along and I should have listened to the voice in my head telling me that
Non Event, HaHaHa ! BA down $ 18.55 (7.45%) in premarket, SPR down 18.09 % ($5.74), ALK down $ 1.95 ($ 5.14) !
Oh yeah, make it 4 negative plays in total then. Alaska recently bid to buy Hawaiian Air at $18/share over a weekend. HA then spiked to $13-14 on a Monday from $4.90 the previous Friday close. There should be some impact from ALK losing some revenue on their 65 grounded MAX-9s in their fleet....so this next couple months should be interesting. 
Something something BA ALK
People gambling on Boeing options is the not so obvious, obvious play, so I’m going to be getting shares and calls of Alaskan Airlines ($ALK) on their dips and continue with my winning SPY scalping strategy. Good luck, have fun, and don’t blame anyone but yourself if you end up losing money.
It's likely to affect ALK more than Boeing itself. We'll see.
Eh, alaskan airlines $ALK is gonna tank either way. I YOLO'd 60k worth of Puts on it
All you naysayers and doubting Thomas's should check into the Nikkei tomorrow at 7:30 pm to see where BA, UAL, ALK and LUV are headed when we trade 14 hours later !!!!
I am expecting a minimum 10 % drop in ALK and UAL because of the amount of 737 Max 9's in their fleets !!!! BA will drop 20 % or more conservatively due to their incredible liability !!!! BA could be heading back to 2020 low of around 100 dollars definitely 52 week low of 180 doliars !!!!
I suppose the news might impact the airline stocks. The thought crossed my mind. However, I am holding off until earnings season passes. I briefly considered UAL, DAL and ALK this week until I saw when earnings were being reported..
BA and ALK gonna have a really bad time Monday. Puts free money.
When did the window bust out? I didn’t see any reaction to BA or ALK ah, wonder what will happen to prices
Serious question. If something like the door incident happened during market hours and a passenger was still able to use the WiFi and purchase BA and ALK puts during the incident or immediately upon landing before the news broke, could that be considered prosecutable insider trading?
Serious question. If something like that happened during market hours and a passenger was still able to use the WiFi and purchase BA and ALK puts during the incident or immediately upon landing, could that be considered prosecutable insider trading?
Heck no! If you’re going to invest in airlines, some better options! Alaska (ALK) is cheap right now but hold it long term.
Seems too early to say if it's ALK or BAC at this point.
Not only that they would file, which I think is likely either way - but a loss here, as well as the previous Northeast Alliance loss, would have the HA/ALK merger odds looking not so good. Thankfully, I don’t think JBLU loses here, but it’s always good to have a hedge, and SAVE puts are quite expensive.
hiya, am following for the court judgement as it can set a precedent for ALK takeover of Hawaiian. I see it as a 50/50 whether will be approved.
Am not trading options on this but am watching it because I have holdings in DAL and ALK. Particularly interesting for ALK who just announced an acquisition so this could set a precedent
Will watch my miners, may take some profits. Watch ALK, picked up 500 million n the market over reaction, thinking of selling 9-10 XOM puts just out of the money as I’d like to get it a little cheaper. Then focus on work then off to train
What’s the play on HA and ALK rn?
A lot of company-specific news today: $SPOT +8% - 17% workforce cut $TWLO +0.2% - 5% workforce cut $SPCE -16% - Branson doesn't want to invest more $UBER +5% - join S&P on 12/8 $PLTR -8% - not joining S&P $ALK -15% & $HA +185% - Acquisition $META -2% - Zuckberg sold shares
I went the other route and bought ALK on the drop. Deal goes through, win. Deal does not go through win.
I suspect that part of HA's enthusiasm for the ALK deal is the recent introduction of Southwest Airlines flights to Hawaii. AA and UAL have been in that market for years.
I literally just bought shares of ALK last week because I was starting the strategy of "invest in any company you use" and I was taking an Alaskan Airlines flight to Seattle. And I saw the share price pretty low so I bought some shares. Now this. I might be the luckiest regard around. Or an oracle. Or it will open down and I'm still just an idiot.
My guess is DOJ will sue to block the HA ALK merger but that whole saga has just begun. SAVE and JBLU technically have until Jul 2024 to close their deal, but have already been at this for a while. A decision in JBLU’s favor would almost certainly result in SAVE going into the 20s and might give HA a boost as well.
ALK just dropped from s&p. Not sure what that means if added to different index.
I mean you’re sure to win or sure to lose. Guess that’s the “spirit” of this sub :) If you’d rather double your money on safer airline bets, look to LUV and ALK.
[Uber Technologies \(NYSE:UBER\), Jabil \(JBL\), and Builders FirstSource \(BLDR\)](https://www.barrons.com/amp/articles/uber-jabil-builders-firstsource-sp500-6f53ff9e), are being added to the S&P 500 Index, effective prior to the start of trading on December 18. The three stocks will replace Sealed Air (SEE), Alaska Air (ALK) and SolarEdge Technologies (SEDG), respectively. Certain funds will have to purchase Uber now that it's being added to the S&P 500, so keep an eye on it.
All in. I’ve got shares in ALK (I know I’m 🏳️🌈 for shares F u all)
Call+Put ILMN, Call+Put ALK, Put CTSH, Put DVA, Put EXPD, Put LH, Call MGM, Call CCL, Call CHRW, contact me if you need more tickers and/or if you are significantly wealthier by next week (hold for at least one week)
Wow put on ALK, even pilots can’t be trusted now.
I’m deep in ALK calls as well, gl 🤝
Absolutely not! Stay away from leisure stocks like airlines, cruise lines etc for long term holds. Only one has a solid balance sheet and financials and that’s ALK
I started day trading Alaskan airlines ALK for that very reason
ALK - Been bleeding since last earnings reports despite having great revenue, next earnings is in a couple weeks, DAL will kick off the airlines run this Thursday.
Yolo’d into ALK calls at close 
Greetings, my dudes, other regarded degenerates and a shalom to the chosen people. I am shorting airlines (positions below) and will lazily lay out my case for you. tl:dr; airlines, especially those with mostly domestic flying, r fukd. Too much capacity, fares, labor issues/costs, oil, consumer debt, return to work. LUV $35P 12/15 ALK 35P 1215 ULCC $5P 1/19 Picking up some UAL 10/20 Puts to time a shitty 3Q earnings. 1) Domestic Capacity: In the fourth quarter of 2023 there will be over 21million more available seats (+8.8%) than 4Q 2022 and 4.4% above 2019 which sounds great but nope. TSA throughput YTD is only up 0.5% over 2019 so what's going on? Well, there's not as much international traffic as there was in 2019 so airlines deployed more domestic capacity. The problem is international makes more money and has less competition than domestic flying. So fares are starting to plummet. 2) Fares - You may have spent $400 to go visit your inbred cousin last summer but probably spent far less this year domestically as international tourism returned and airlines brought more capacity online. Frontier said in their 2Q earning that their passengers are going to Europe this summer. LOL like anyone who flies Frontier would go see culture. The airlines *loved* last summer and thought this year would be a repeat. It wasn't. Alaska's average fare was down 20% in August 2023 vs August 2022. Frontier? Down 50%. Southwest? Down 19%. JetBlue? Down 12%. These airlines fly mostly domestic. Compare to Delta (flat), American (+9%). United was kinda odd at down 13%. Allegiant was also up which may sound weird but they're a vacation package/experience airline that flies to bumfuck places with little competition, not like Frontier and Southwest. What's worse for Southwest is their average August fare was 11% **below 2019** like wtf are you even doing? JetBlue was flat compared to 2019. September is going to suck even more. Advanced purchase fares are also mostly down, particularly for JetBlue, Frontier and United. My source for the fare data is go fuck yourself. 3) Labor, or pylots make too much. There was a post about senior captains at Delta making a million dollars and I'll save my pylote bashing for another time (1,500 hour ATP, mandatory retirement age lmaooo) but these already greedy overpaid bus drivers are getting massive pay increases. United pylotes getting another 40% raise in 4 years and American is following suit. Labor is the second largest expense for airlines next to fuel and Moodys anticipated labor costs increasing 20% just this year. These new pylote agreements give them more favorable schedules as well (less productive) so now you'll need more overpriced bus drivers to fly the same schedule. I look forward to responses from pylotes - you'll be back to furloughs within 5 years and begging to be reserve EWR. And once you give one pylote onion a cookie, the other pylote onions take note and want the same. American followed United who followed Delta. Whose next? Southwest. They'll basically cede every cost advantage they had between IT investments and a new pylote agreement. Flight attendant onions, maintenance, and ground handlers will follow after they see pylots getting 40% raises. Southwest labor onions are already infighting because pylotes think they deserve raises more than the flight attendant making $35k riding in back with the steerage. Imagine getting an entitlement based 40% raise over the next 4 years ontop of your outrageous pay for doing the baaaare minimum. 4) Oil - I mean, easy. It's up. OPEC+ are dicks, Biden no drill on federal land. #1 expense for airlines. 5) Consumer debt/cutting luxuries. We all know the US consumer is at record levels of debt blah blah. What's the first thing that usually goes before the goods? The trips. What's more interesting is that people usually move down market but when there's already too much capacity in the market, you have better airlines (United, Southwest) charging similar fares (including ancillaries) to the garbage buses of Frontier and Spirit. People will take Southwest over Frontier any day for a few more bucks (free bags yo) but Southwest has way higher costs and virtually no ancillary from bags. So they're both fukd. 6) Return to work:Y'all aint working from Park City this winter and clocking out at noon to hit the fresh powpow, sorry :(. You're back commuting 45 minutes, spending $20 on lunch and your boss is trimming the travel budget, ruh roh. Bad news for airlines. Airlines r fukd. Become big glorious fat ber for winter.
Airlines r fukd Pylots overpaid Strikes looming Oil to the moon People back suffering in offices Fares plummet LUV $35P 12/15 ALK $35 1/19 ULCC $5 1/19
"July 25 (Reuters) - U.S. airlines stocks tumbled on Tuesday as investors were spooked by downbeat forecasts from Alaska Air Group ALK.N and a warning on jet engines by aerospace giant RTX RTX.N. Investors have been on the guard after U.S. inflation data in July showed a third consecutive monthly decline in fares, with prices dropping at their fastest pace since February 2021."
Maybe trading with ALK earnings? Looks like they lowered guidance, I think and is dumping like 12% right now. Could just be sector related.
$ALK earnings: \- EPS: expected 2.70, reported 3.00 (Beat 11.11%) \- Revenue: expected $2.77, reported $2.84B (Beat 2.53%) The company expects its total revenue in 2023 to grow about 8% to 10%, compared with analysts' average expectations of a 11.13% growth.
You're right, I fucked up my tickers. ALK has earnings next week
ALK Alaska air. Trying to get in on the airlines earnings this month which should be stellar - travel demand is way up, fuel prices have moderated. Alaska airline is growing well and has a solid brand.
Bought ALK in 2021, rode the highs and the lows. Up 30% YTD and I've finally broke even. Trying to decide whether to sell or ride it further for a small profit. We all know there's July seasonality, at least until the Fed meeting. Plus summer travel has been crazy - though of course that travel is all booked and coming to an end in about 6 weeks. I imagine fall/winter travel will be slower, if only bc student loan payments resume so a % of the population will have less cash to be like - let's fly to Cali for 3 days. Hold? Sell now? Sell soon? Sell later this year? WWYD?
Throwing a big chunk of change on ALK calls what’s the worse that can happen 
How do you show ALK for Thursday but not AAL?!?
I can wait a day or two for my puts to print. Id your stock picking is excellent, even when market is up, stock will be down. I’m short ALK, look at that motherfucker.
I am sure there is money to be made if you can pick the right airline , I mean just look at ALK stock price over the last 20 years. But to me I don't know enough about the industry to weight what makes a good airline vs bad and the entire industry suffers these issues 1. High capital costs, they must buy or lease airplanes what are expensive and require lots of maintenance and be replaced or rebuilt every several years. 2. Lots of external forces , oil prices can affect them . Yes they can hedge but higher oil prices will eventually lead to higher costs. 3. Cyclical , when the economy turns cutting leisure trips is one of the first things people do to save money. Even business will cut down and maybe even more so now with virtual meeting tools (zoom, teams, ect) . Having lived through 2008 I can remember being surprised how much business travel the company I worked for did, people where flying everywhere weekly , hell they would fly half way across the country to attend a single 3-4 hour meeting then fly back. When the 2008 GFC hit I can remember them basically saying only 100% needed travel would be approved . Most of my holds are long term holds, I want to buy and sort of forget about it for 10 years. Hopefully buy a good well managed company and not worry about the market for 10 years. Airlines seem not to be like that, you sort of have to know when to get in and out. I would never directly touch an airline
World’s Top 💯 Airlines for 2022 ✈️ LATAM was ranked higher than US airlines. LATAM Airline ( $LTMAY) 💰 ✈️ Alaska Airlines ( $ALK ) United Airlines ( $UAL ) Hawaiian Airlines ( $HA ) American Airlines ( $AAL)
DAL is trading at 6.2x estimated earnings for the next 12 months. ALK trades at 8.7x estimated earnings for the next 12 months.