ALK Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: ALK's stable implied volatility and recent positive momentum suggest robust recovery potential, driven by strategic expansion and tech investments.




Bearish Case: Pending legal issues and market volatility coupled with high operational costs may undermine ALK, potentially reversing recent gains.




Potential Outcomes: 40% merger boosts ALK by Q2 2025; 30% legal troubles escalate; 20% flat trajectory; 10% unexpected operational disruptions.




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January 03, 2025


Alaska Air Forecast

ALK        Alaska Air











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Assets that tend to move strongly with ALK



OWL Forecast + Options Trading Strategies   OWL  Blue Owl (0.85)


DAVE Forecast + Options Trading Strategies   DAVE  Dave (0.79)


DB Forecast + Options Trading Strategies   DB  Deutsche (0.77)


APO Forecast + Options Trading Strategies   APO  Apollo (0.75)


MIR Forecast + Options Trading Strategies   MIR  Mirion Technologies Inc. (0.75)



Uncorrelated Assets

Assets with little price relationship to ALK



PYCR Forecast + Options Trading Strategies   PYCR  Paycor HCM (0.0)


URBN Forecast + Options Trading Strategies   URBN  Urban Outfitters (0.01)


ACN Forecast + Options Trading Strategies   ACN  Accenture (0.01)


VOD Forecast + Options Trading Strategies   VOD  Vodafone (-0.02)


WMG Forecast + Options Trading Strategies   WMG  Warner Music (0.02)



Anticorrelated Assets

Assets that tend to move strongly against ALK



NTLA Forecast + Options Trading Strategies   NTLA  Intellia Therapeutics (-0.64)


NOVA Forecast + Options Trading Strategies   NOVA  Sunnova Energy International (-0.69)


CHPT Forecast + Options Trading Strategies   CHPT  ChargePoint (-0.75)


VSAT Forecast + Options Trading Strategies   VSAT  Viasat (-0.76)


CNXC Forecast + Options Trading Strategies   CNXC  Concentrix (-0.87)









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