LUV - Options Database

LUV

SOUTHWEST AIRLS CO

$47.92 -1.05%

(7/10 18:02) ◀

Monday, July 13, 2026 (6:02pm)

▶ (7/14 18:07)

◀ 7/13 18:02 ▶

Option Volume

Detail

ℹ

Current (07/13) 6,378

Calls: 3,994 (63%)

Puts: 2,384 (37%)

Prior (07/10) 11,693

Calls: 7,257 (62%)

Puts: 4,436 (38%)

Current vs Prior -45.45%

Calls: -44.96% (Calls)

Puts: -46.26% (Puts)

Prior 7-Day Total 68,488

Calls: 42,155 (62%)

Puts: 26,333 (38%)

Prior 7-Day Average 9,784

Calls: 6,022 (62%)

Puts: 3,761 (38%)

Current vs Prior 7-Day Avg -34.81%

Calls: -33.68%

Puts: -36.63%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/13) $1.22M

Calls: $831.4K (68%)

Puts: $390.5K (32%)

Prior (07/10) $1.43M

Calls: $1.07M (75%)

Puts: $353.9K (25%)

Current vs Prior -14.29%

Calls: -22.42%

Puts: +10.34%

Prior 7-Day Total $21.34M

Calls: $17.70M (83%)

Puts: $3.64M (17%)

Prior 7-Day Average $3.05M

Calls: $2.53M (83%)

Puts: $519.6K (17%)

Current vs Prior 7-Day Avg -59.92%

Calls: -67.13%

Puts: -24.84%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/13) 0.60

Prior (07/10) 0.61

Current vs Prior -2.35%

Prior 7-Day Average 0.63

Current vs Prior 7-Day Avg -4.79%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/13) 245,544

Calls: 148,190 (60%)

Puts: 97,354 (40%)

Prior (07/10) 259,951

Calls: 160,329 (62%)

Puts: 99,622 (38%)

Current vs Prior -5.54%

Prior 7-Day Total 1,773,392

Calls: 1,085,788 (61%)

Puts: 687,604 (39%)

Prior 7-Day Average 253,341

Calls: 155,112 (61%)

Puts: 98,229 (39%)

Current vs Prior 7-Day Avg -3.08%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)

Current 4.72% | 9.24%4.72% | 12.90%

Prior 5.27% | 9.85%5.27% | 13.11%

Current vs Prior -10.43% | -6.14%-10.43% | -1.64%

Prior 7-Day Avg 5.65% | 7.79%6.92% | 14.19%

Current vs 7-Day Avg -16.52% | +18.70%-31.89% | -9.13%

Prior 7-Day Eod 5.27% | 9.85%5.27% | 13.11%

Current vs 7-Day Eod -10.43% | -6.14%-10.43% | -1.64%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

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

Moderately bullish flow with 68% call dollar volume ($831.4K). Below-average activity with volume down 45% vs prior. Bullish P/C ratio of 0.60. Call-heavy open interest (148,190 calls vs 97,354 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 BULLISH

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

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🔥 High Volume

⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

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⚖️ Ratio Spreads

🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 25 of results (avg 7.6%, best 4.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$50.00	Aug 21	2.24	2.36	$2.30	5.2%	373	0.43	518
$47.50	Aug 21	3.30	3.50	$3.40	5.9%	376	0.56	64
$40.00	Jul 17	7.60	8.20	$7.90	7.6%	8	0.94	529
$49.00	Aug 7	2.12	2.29	$2.21	7.7%	235	0.47	6
$46.50	Jul 17	1.83	1.99	$1.91	8.4%	7	0.73	17

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$50.00	Jul 31	3.40	3.55	$3.47	4.3%	13	0.61	187
$50.00	Aug 21	4.05	4.25	$4.15	4.8%	80	0.57	310
$48.00	Aug 7	2.49	2.66	$2.58	6.6%	2	0.48	5
$49.00	Aug 7	2.99	3.20	$3.10	6.8%	2	0.53	3
$47.50	Aug 21	2.68	2.87	$2.78	6.8%	148	0.45	142

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 5 found (avg $0.91, cheapest $0.81)

CALLS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$52.00	Jul 31	0.84	1.00	$0.92	17.4%	3	0.27	23
$55.00	Aug 21	0.84	1.00	$0.92	17.4%	53	0.22	839
$53.00	Aug 7	0.84	1.01	$0.93	18.3%	21	0.25	10

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$43.00	Aug 7	0.74	0.88	$0.81	17.3%	1	0.20	7
$42.50	Aug 21	0.91	1.05	$0.98	14.3%	32	0.21	275

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 63 found (avg delta 0.74, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$40.00	Jul 17	7.60	8.20	$7.90	7.6%	8	0.94	529
$39.00	Jul 17	8.40	10.70	$9.55	24.1%	6	0.94	--
$42.50	Jul 17	4.20	6.45	$5.33	42.2%	9	0.93	863
$44.00	Jul 17	3.70	5.35	$4.53	36.4%	--	0.91	11
$42.00	Jul 17	4.40	7.65	$6.03	53.9%	3	0.90	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$53.00	Jul 17	4.85	5.40	$5.13	10.7%	2	1.00	12
$54.00	Jul 17	5.85	6.80	$6.32	15.0%	2	1.00	151
$55.00	Jul 17	6.85	7.75	$7.30	12.3%	1	1.00	320
$57.00	Jul 17	7.10	10.55	$8.82	39.1%	1	1.00	--
$52.50	Jul 17	3.55	6.00	$4.78	51.3%	--	0.94	145

Most actively traded options today. High liquidity = easy entry/exit. 126 active (total vol 4.9K, top 620)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$52.00	Jul 17	0.05	0.12	$0.09	77.8%	620	0.07	1.1K
$47.50	Aug 21	3.30	3.50	$3.40	5.9%	376	0.56	64
$50.00	Aug 21	2.24	2.36	$2.30	5.2%	373	0.43	518
$49.00	Aug 7	2.12	2.29	$2.21	7.7%	235	0.47	6
$47.50	Jul 17	1.15	1.32	$1.23	13.8%	190	0.58	1.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$47.50	Jul 17	0.71	0.91	$0.81	24.7%	254	0.42	2.6K
$40.00	Jul 31	0.00	0.35	$0.18	194.4%	195	0.06	32
$45.00	Jul 17	0.14	0.22	$0.18	44.4%	166	0.13	1.1K
$47.50	Aug 21	2.68	2.87	$2.78	6.8%	148	0.45	142
$45.50	Jul 17	0.18	0.31	$0.25	52.0%	123	0.17	69

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 29 strikes (avg 33.0%, max 137.6%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$57.50	Jul 17	Aug 21	120.0%	50.5%	137.6%	2	1.4K
$40.00	Jul 17	Aug 21	114.9%	52.5%	118.9%	8	546
$56.00	Jul 17	Aug 7	111.6%	58.9%	89.5%	--	695
$42.00	Jul 17	Jul 31	102.9%	60.5%	69.9%	3	40
$42.50	Jul 17	Aug 21	81.4%	49.9%	63.1%	29	880

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$40.00	Jul 17	Aug 21	114.9%	52.5%	118.9%	8	721
$42.00	Jul 17	Jul 31	102.9%	60.5%	69.9%	--	53
$42.50	Jul 17	Aug 21	81.4%	49.9%	63.1%	32	2.7K
$55.00	Jul 17	Aug 21	64.3%	49.7%	29.4%	1	412
$44.00	Jul 17	Aug 7	62.9%	52.0%	21.0%	2	365

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 87 found (best R:R 17.18, avg 2.42)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$55.00	$57.50	Aug 21	$0.33	$2.17	$0.33	6.58	$55.33
$50.00	$51.00	Jul 17	$0.15	$0.85	$0.15	5.67	$50.15
$55.00	$56.00	Jul 24	$0.16	$0.84	$0.16	5.25	$55.16
$49.00	$50.00	Jul 17	$0.17	$0.83	$0.17	4.88	$49.17
$52.00	$53.00	Jul 24	$0.17	$0.83	$0.17	4.88	$52.17

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$42.00	$40.00	Jul 17	$0.11	$1.89	$0.11	17.18	$41.89
$43.00	$41.00	Aug 7	$0.16	$1.84	$0.16	11.50	$42.84
$44.00	$42.00	Jul 31	$0.20	$1.80	$0.20	9.00	$43.80
$42.50	$40.00	Aug 21	$0.42	$2.08	$0.42	4.95	$42.08
$44.00	$43.00	Aug 7	$0.18	$0.82	$0.18	4.56	$43.82

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 100 found (best R:R 24.00, avg 1.31)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$42.00	$45.00	Jul 31	$2.63	$2.63	$0.37	7.11	$44.63
$41.00	$42.00	Jul 17	$0.85	$0.85	$0.15	5.67	$41.85
$42.50	$43.50	Jul 17	$0.83	$0.83	$0.17	4.88	$43.33
$42.50	$45.00	Aug 21	$1.94	$1.94	$0.56	3.46	$44.44
$47.00	$47.50	Jul 17	$0.35	$0.35	$0.15	2.33	$47.35

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$57.50	$55.00	Aug 21	$2.40	$2.40	$0.10	24.00	$55.10
$50.00	$49.00	Jul 17	$0.88	$0.88	$0.12	7.33	$49.12
$52.00	$51.00	Jul 31	$0.75	$0.75	$0.25	3.00	$51.25
$48.50	$48.00	Jul 17	$0.37	$0.37	$0.13	2.85	$48.13
$55.00	$52.50	Aug 21	$1.82	$1.82	$0.68	2.68	$53.18

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 42 found (avg debit $0.71, cheapest $0.11)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$45.50	Jul 17	Jul 24	$0.22	54.1%	64.7%
$42.00	Jul 17	Jul 24	$0.25	102.9%	69.5%
$57.00	Jul 17	Jul 24	$0.25	78.1%	74.1%
$54.00	Jul 17	Jul 24	$0.30	55.1%	58.9%
$55.00	Jul 17	Jul 24	$0.38	64.3%	69.8%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$42.00	Jul 17	Jul 24	$0.11	102.9%	69.5%
$51.00	Jul 17	Jul 24	$0.18	50.7%	61.0%
$40.00	Jul 17	Jul 24	$0.24	114.9%	88.1%
$55.00	Jul 17	Aug 21	$0.25	64.3%	49.7%
$42.50	Jul 17	Jul 24	$0.29	81.4%	68.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 57 found (cheapest 4.26% of stock, avg 10.91%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$47.50	Jul 17	$1.23	$0.81	$2.04	$45.46	$49.54	4.26%
$48.00	Jul 17	$1.01	$1.03	$2.04	$45.96	$50.04	4.26%
$49.00	Jul 17	$0.48	$1.60	$2.08	$46.92	$51.08	4.34%
$48.50	Jul 17	$0.76	$1.40	$2.16	$46.34	$50.66	4.51%
$47.00	Jul 17	$1.58	$0.69	$2.27	$44.73	$49.27	4.74%
$46.50	Jul 17	$1.91	$0.43	$2.34	$44.16	$48.84	4.88%
$46.00	Jul 17	$2.32	$0.33	$2.65	$43.35	$48.65	5.53%
$50.00	Jul 17	$0.31	$2.48	$2.79	$47.21	$52.79	5.82%
$45.00	Jul 17	$3.19	$0.18	$3.37	$41.63	$48.37	7.03%
$45.50	Jul 17	$3.18	$0.25	$3.43	$42.07	$48.93	7.16%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 128 found (cheapest 1.02% of stock, avg 5.31%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$51.00	$46.00	Jul 17	$0.16	$0.33	$0.49	$45.51	$51.49
$56.00	$46.00	Jul 17	$0.25	$0.33	$0.58	$45.42	$56.58
$51.00	$46.50	Jul 17	$0.16	$0.43	$0.59	$45.91	$51.59
$50.00	$46.00	Jul 17	$0.31	$0.33	$0.64	$45.36	$50.64
$56.00	$46.50	Jul 17	$0.25	$0.43	$0.68	$45.82	$56.68
$50.00	$46.50	Jul 17	$0.31	$0.43	$0.74	$45.76	$50.74
$49.00	$46.00	Jul 17	$0.48	$0.33	$0.81	$45.19	$49.81
$51.00	$47.00	Jul 17	$0.16	$0.69	$0.85	$46.15	$51.85
$49.00	$46.50	Jul 17	$0.48	$0.43	$0.91	$45.59	$49.91
$56.00	$47.00	Jul 17	$0.25	$0.69	$0.94	$46.06	$56.94

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 144 found (best R:R 10.11, avg credit $0.81)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
42/44	45/46	Jul 31	$1.82	$0.18	10.11	$42.18	$46.82
45/46	49/50	Jul 31	$0.90	$0.10	9.00	$45.10	$49.90
48/49	51/52	Jul 31	$0.90	$0.10	9.00	$48.10	$51.90
45/46	50/51	Jul 31	$0.88	$0.12	7.33	$45.12	$50.88
46/47	48/49	Aug 7	$0.87	$0.13	6.69	$46.13	$48.87
47/48	49/50	Jul 31	$0.86	$0.14	6.14	$47.14	$49.86
45/46	48/49	Aug 7	$0.85	$0.15	5.67	$45.15	$48.85
47/48	50/51	Jul 24	$0.84	$0.16	5.25	$46.66	$50.84
47/48	50/51	Jul 31	$0.84	$0.16	5.25	$47.16	$50.84
45/47	48/50	Aug 14	$1.68	$0.32	5.25	$45.32	$49.68

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 53 found (best R:R 15.67, cheapest $0.06)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$46.00	$47.00	$48.00	Jul 31	$0.06	$0.94	15.67
$50.00	$51.00	$52.00	Jul 17	$0.08	$0.92	11.50
$46.00	$48.00	$50.00	Aug 14	$0.17	$1.83	10.76
$50.00	$51.00	$52.00	Jul 31	$0.09	$0.91	10.11
$52.50	$55.00	$57.50	Aug 21	$0.23	$2.27	9.87

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$44.00	$45.00	$46.00	Aug 7	$0.06	$0.94	15.67
$47.00	$48.00	$49.00	Aug 7	$0.06	$0.94	15.67
$46.00	$47.00	$48.00	Jul 31	$0.07	$0.93	13.29
$47.50	$50.00	$52.50	Aug 21	$0.21	$2.29	10.90
$50.00	$51.00	$52.00	Jul 31	$0.09	$0.91	10.11

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 70 found (best net $-0.09, 67 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$49.00	$52.00	1:2	Aug 7	-$0.09	$2.91
$55.00	$57.50	1:2	Aug 21	-$0.26	$2.24
$52.50	$55.00	1:2	Aug 21	-$0.36	$2.14
$50.00	$52.50	1:2	Aug 21	-$0.66	$1.84
$53.00	$55.00	1:2	Aug 7	-$0.19	$1.81

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$42.50	$40.00	1:2	Aug 21	-$0.14	$2.36
$50.00	$47.00	1:2	Aug 14	-$0.71	$2.29
$45.00	$42.50	1:2	Aug 21	-$0.25	$2.25
$42.00	$40.00	1:2	Jul 17	-$0.03	$1.97
$47.50	$45.00	1:2	Aug 21	-$0.64	$1.86

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 40 found (best yield 5.59%, avg 2.15%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$48.00	Aug 14	$2.68	0.53	0.2%	5.59%	5.76%	2	1
$48.00	Aug 7	$2.49	0.53	0.2%	5.20%	5.36%	3	7
$48.00	Jul 31	$2.27	0.52	0.2%	4.74%	4.90%	118	21
$50.00	Aug 21	$2.24	0.43	4.3%	4.67%	9.02%	373	518
$49.00	Aug 7	$2.12	0.47	2.2%	4.42%	6.68%	235	6
$48.00	Jul 24	$2.02	0.52	0.2%	4.22%	4.38%	10	361
$48.50	Jul 31	$1.95	0.49	1.2%	4.07%	5.28%	3	--
$49.00	Jul 31	$1.82	0.46	2.2%	3.80%	6.05%	2	20
$50.00	Aug 14	$1.77	0.42	4.3%	3.69%	8.03%	62	27
$48.50	Jul 24	$1.73	0.48	1.2%	3.61%	4.82%	32	69

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 3,994

Total Puts 2,384

Put/Call Ratio 0.60

Net Difference 1,610

Prior's Put/Call Breakdown

Total Calls 7,257

Total Puts 4,436

Put/Call Ratio 0.61

Net Difference 2,821

Prior 7-Day Put/Call Summary

Total Calls 42,155

Total Puts 26,333

Average Put/Call Ratio 0.63

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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