Tour v309
LUV
SOUTHWEST AIRLS CO
$48.43 -1.61%
$48.49 (+0.12%)🌙
as of 07/10 06:02 PM
7/10 18:02

Option Volume

Detail
Current (07/10) 11,693
Calls: 7,257 (62%)
Puts: 4,436 (38%)
Prior (07/09) 8,453
Calls: 4,938 (58%)
Puts: 3,515 (42%)
Current vs Prior +38.33%
Calls: +46.96% (Calls)
Puts: +26.20% (Puts)
Prior 7-Day Total 69,361
Calls: 44,885 (65%)
Puts: 24,476 (35%)
Prior 7-Day Average 9,908
Calls: 6,412 (65%)
Puts: 3,496 (35%)
Current vs Prior 7-Day Avg +18.01%
Calls: +13.18%
Puts: +26.87%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/10) $1.43M
Calls: $1.07M (75%)
Puts: $353.9K (25%)
Prior (07/09) $1.34M
Calls: $921.2K (69%)
Puts: $415.8K (31%)
Current vs Prior +6.62%
Calls: +16.34%
Puts: -14.89%
Prior 7-Day Total $23.30M
Calls: $19.75M (85%)
Puts: $3.55M (15%)
Prior 7-Day Average $3.33M
Calls: $2.82M (85%)
Puts: $507.7K (15%)
Current vs Prior 7-Day Avg -57.17%
Calls: -62.01%
Puts: -30.29%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/10) 0.61
Prior (07/09) 0.71
Current vs Prior -14.13%
Prior 7-Day Average 0.58
Current vs Prior 7-Day Avg +6.04%
Sentiment BULLISH

Open Interest

Detail
Current (07/10) 259,951
Calls: 160,329 (62%)
Puts: 99,622 (38%)
Prior (07/09) 256,296
Calls: 158,334 (62%)
Puts: 97,962 (38%)
Current vs Prior +1.43%
Prior 7-Day Total 1,755,050
Calls: 1,070,957 (61%)
Puts: 684,093 (39%)
Prior 7-Day Average 250,721
Calls: 152,993 (61%)
Puts: 97,727 (39%)
Current vs Prior 7-Day Avg +3.68%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 1.47% | 5.27%5.27% | 13.11%
Prior 5.91% | 7.17%7.17% | 13.71%
Current vs Prior -10.94% | +37.33%-26.58% | -4.39%
Prior 7-Day Avg 5.47% | 7.43%7.34% | 14.46%
Current vs 7-Day Avg -3.74% | +32.53%-28.26% | -9.34%
Prior 7-Day Eod 5.91% | 7.17%-- | --
Current vs 7-Day Eod -10.94% | +37.33%-- | --
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 10.70% | 15.83%
Calls: 9.37% | 15.24%
Puts: 12.03% | 16.42%
Prior 10.70% | 15.83%
Calls: 9.37% | 15.24%
Puts: 12.03% | 16.42%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 10.70% | 15.83%
Calls: 9.37% | 15.24%
Puts: 12.03% | 16.42%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 75% of dollar volume in calls ($1.07M) vs puts ($353.9K). Bullish P/C ratio of 0.61. Call-heavy open interest (160,329 calls vs 99,622 puts) suggests bullish positioning.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 17 of results (avg 7.4%, best 3.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$55.00Aug 211.051.09$1.073.7%30.25840
$47.50Aug 213.703.85$3.784.0%80.5858
$52.50Aug 211.641.73$1.695.3%120.34559
$50.00Aug 212.432.59$2.516.4%30.46517
$39.00Jul 109.109.85$9.487.9%60.8527
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$47.50Aug 212.502.63$2.575.1%90.42150
$50.00Aug 213.753.95$3.855.2%20.54310
$52.00Jul 314.404.70$4.556.6%--0.69158
$51.00Jul 243.503.80$3.658.2%--0.6639
$49.00Jul 242.332.54$2.448.6%--0.52108

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.83, cheapest $0.65)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$57.50Aug 210.600.70$0.6515.4%10.17517
$53.00Jul 310.820.99$0.9118.7%10.2668
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$42.50Aug 210.890.99$0.9410.6%250.19254

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 80 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$40.00Jul 108.109.05$8.5711.1%61.0024
$45.00Jul 103.004.25$3.6334.4%--1.00112
$46.00Jul 101.334.30$2.82105.3%--0.9973
$41.00Jul 107.107.90$7.5010.7%20.9935
$47.00Jul 101.061.82$1.4452.8%40.98334
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$49.50Jul 100.571.57$1.0793.5%11.0018
$50.00Jul 101.101.71$1.4143.3%931.00268
$51.00Jul 101.823.70$2.7668.1%131.0054
$52.00Jul 102.604.30$3.4549.3%11.0034
$53.00Jul 103.156.10$4.6363.7%--1.0041

Most actively traded options today. High liquidity = easy entry/exit. 137 active (total vol 10.3K, top 2.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$51.00Jul 241.101.26$1.1813.6%2.0K0.34145
$49.00Jul 100.010.30$0.16181.2%1.9K0.332.0K
$48.50Jul 100.001.13$0.56201.8%1.0K0.651.0K
$48.00Jul 242.282.55$2.4211.2%2480.55128
$51.00Jul 170.260.37$0.3234.4%1680.20707
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$47.50Jul 100.000.10$0.05200.0%8780.11320
$47.00Jul 100.000.02$0.01200.0%5430.03154
$46.00Jul 170.260.41$0.3444.1%2930.19164
$48.50Jul 100.020.26$0.14171.4%2700.5059
$46.50Jul 100.000.22$0.11200.0%1730.12479

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 47 strikes (avg 1454.1%, max 4697.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$42.50Jul 10Aug 212383.3%49.7%4697.0%1019
$56.00Jul 10Aug 72291.9%48.6%4614.1%5120
$44.00Jul 10Jul 172011.5%50.7%3866.2%--36
$44.50Jul 10Jul 171886.3%47.6%3859.8%3100
$43.00Jul 10Jul 242259.8%58.2%3785.0%--124
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$42.50Jul 10Aug 212383.3%49.7%4697.0%25296
$43.00Jul 10Aug 142259.8%51.6%4280.1%1576
$44.00Jul 10Aug 72011.5%52.9%3699.5%1579
$44.50Jul 10Jul 241886.3%57.7%3166.7%6161
$43.50Jul 10Jul 172135.9%74.6%2764.8%265

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 88 found (best R:R 11.50, avg 2.54)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$52.00$55.00Aug 14$0.24$2.76$0.2411.50$52.24
$53.00$54.00Jul 17$0.10$0.90$0.109.00$53.10
$50.00$51.00Jul 10$0.12$0.88$0.127.33$50.12
$54.00$55.00Jul 24$0.12$0.88$0.127.33$54.12
$55.00$56.00Jul 31$0.12$0.88$0.127.33$55.12
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$44.00$42.00Jul 31$0.18$1.82$0.1810.11$43.82
$42.00$40.00Jul 17$0.20$1.80$0.209.00$41.80
$42.00$41.00Jul 31$0.14$0.86$0.146.14$41.86
$42.50$40.00Aug 21$0.38$2.12$0.385.58$42.12
$46.50$46.00Jul 10$0.10$0.40$0.104.00$46.40

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 108 found (best R:R 15.67, avg 1.41)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$40.00$42.50Jul 17$2.35$2.35$0.1515.67$42.35
$42.50$45.00Aug 21$2.25$2.25$0.259.00$44.75
$42.00$43.00Jul 24$0.83$0.83$0.174.88$42.83
$45.00$47.00Jul 24$1.65$1.65$0.354.71$46.65
$43.00$45.00Jul 24$1.63$1.63$0.374.41$44.63
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$55.00$53.00Jul 10$1.77$1.77$0.237.70$53.23
$55.00$52.50Aug 21$2.15$2.15$0.356.14$52.85
$57.50$55.00Aug 21$2.03$2.03$0.474.32$55.47
$52.00$51.00Jul 31$0.72$0.72$0.282.57$51.28
$50.00$49.00Jul 17$0.70$0.70$0.302.33$49.30

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 37 found (avg debit $0.51, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$44.00Jul 10Jul 17$0.062011.5%50.7%
$40.00Jul 10Jul 17$0.081002.3%80.3%
$58.00Jul 10Jul 17$0.11888.1%78.3%
$53.00Jul 10Jul 17$0.15470.8%49.8%
$52.00Jul 10Jul 17$0.16415.3%42.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$40.00Jul 10Jul 17$0.071002.3%80.3%
$55.00Jul 10Jul 17$0.08646.1%51.4%
$45.00Jul 10Jul 17$0.17442.9%46.2%
$42.00Jul 10Jul 17$0.27775.2%85.5%
$46.50Jul 10Jul 17$0.32516.0%44.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 75 found (cheapest 1.22% of stock, avg 10.47%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$48.00Jul 10$0.57$0.02$0.59$47.41$48.591.22%
$49.00Jul 10$0.16$0.48$0.64$48.36$49.641.32%
$48.50Jul 10$0.56$0.14$0.70$47.80$49.201.45%
$49.50Jul 10$0.04$1.07$1.11$48.39$50.612.29%
$47.00Jul 10$1.44$0.01$1.45$45.55$48.452.99%
$47.50Jul 10$1.48$0.05$1.53$45.97$49.033.16%
$50.00Jul 10$0.13$1.41$1.54$48.46$51.543.18%
$46.50Jul 10$1.60$0.11$1.71$44.79$48.213.53%
$48.50Jul 17$1.12$1.09$2.21$46.29$50.714.56%
$49.00Jul 17$0.90$1.31$2.21$46.79$51.214.56%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 140 found (cheapest 1.24% of stock, avg 5.06%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$52.00$46.50Jul 17$0.17$0.43$0.60$45.90$52.60
$51.00$46.50Jul 17$0.32$0.43$0.75$45.75$51.75
$52.00$47.00Jul 17$0.17$0.60$0.77$46.23$52.77
$57.50$46.50Jul 17$0.38$0.43$0.81$45.69$58.31
$52.00$47.50Jul 17$0.17$0.73$0.90$46.60$52.90
$51.00$47.00Jul 17$0.32$0.60$0.92$46.08$51.92
$57.50$47.00Jul 17$0.38$0.60$0.98$46.02$58.48
$50.00$46.50Jul 17$0.59$0.43$1.02$45.48$51.02
$52.00$48.00Jul 17$0.17$0.86$1.03$46.97$53.03
$51.00$47.50Jul 17$0.32$0.73$1.05$46.45$52.05

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 140 found (best R:R 14.38, avg credit $0.83)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
40/4242/44Jul 17$1.87$0.1314.38$40.13$44.37
47/4849/50Jul 31$0.90$0.109.00$47.10$49.90
42/4245/47Jul 24$1.78$0.228.09$40.72$46.78
42/4243/45Jul 24$1.76$0.247.33$40.74$44.76
44/4546/47Jul 31$0.88$0.127.33$44.12$46.88
47/4853/54Jul 31$0.88$0.127.33$47.12$53.88
50/5153/54Jul 31$0.88$0.127.33$50.12$53.88
46/4649/50Jul 24$0.87$0.136.69$45.63$49.87
45/4650/51Jul 31$0.85$0.155.67$45.15$50.85
49/5052/53Jul 31$0.85$0.155.67$49.15$52.85

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 58 found (best R:R 15.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$49.00$50.00$51.00Aug 14$0.06$0.9415.67
$54.00$55.00$56.00Jul 24$0.07$0.9313.29
$54.00$55.00$56.00Jul 17$0.08$0.9211.50
$51.00$52.00$53.00Jul 31$0.08$0.9211.50
$50.00$52.50$55.00Aug 21$0.20$2.3011.50
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$45.00$46.00$47.00Jul 31$0.07$0.9313.29
$40.00$42.50$45.00Aug 21$0.29$2.217.62
$42.50$45.00$47.50Aug 21$0.29$2.217.62
$45.00$47.50$50.00Aug 21$0.32$2.186.81
$47.50$50.00$52.50Aug 21$0.32$2.186.81

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 81 found (best net $-0.25, 66 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$55.00$57.501:2Aug 21-$0.23$2.27
$52.50$55.001:2Aug 21-$0.45$2.05
$46.00$49.001:2Aug 14-$1.03$1.97
$52.00$55.001:2Aug 14-$1.18$1.82
$56.00$58.001:2Jul 24-$0.27$1.73
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$50.00$46.001:2Aug 14-$0.25$3.75
$42.50$40.001:2Aug 21-$0.18$2.32
$45.00$42.501:2Aug 21-$0.27$2.23
$47.50$45.001:2Aug 21-$0.65$1.85
$44.00$42.001:2Jul 31-$0.41$1.59

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 37 found (best yield 5.20%, avg 2.08%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$49.00Aug 14$2.520.511.2%5.20%6.38%51
$49.00Aug 7$2.440.491.2%5.04%6.22%33
$50.00Aug 21$2.430.463.2%5.02%8.26%3517
$50.00Aug 14$2.130.463.2%4.40%7.64%--27
$49.00Jul 31$2.050.491.2%4.23%5.41%120
$48.50Jul 24$2.020.510.1%4.17%4.32%763
$49.00Jul 24$1.760.481.2%3.63%4.81%5127
$51.00Aug 14$1.760.415.3%3.63%8.94%21
$50.00Jul 31$1.750.433.2%3.61%6.86%--84
$52.50Aug 21$1.640.348.4%3.39%11.79%12559

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 7,257
Total Puts 4,436
Put/Call Ratio 0.61
Net Difference 2,821

Prior's Put/Call Breakdown

Total Calls 4,938
Total Puts 3,515
Put/Call Ratio 0.71
Net Difference 1,423

Prior 7-Day Put/Call Summary

Total Calls 44,885
Total Puts 24,476
Average Put/Call Ratio 0.58
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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