Tour v422
LUV
SOUTHWEST AIRLS CO
$45.38 +0.67%
$45.25 (-0.29%)🌙
as of 07/27 06:05 PM
(7/24 01:44) ◀
|
Monday, July 27, 2026 (6:05pm)
January 2026
|
▶ (7/28 18:10)
◀ 7/27 18:05 ▶

Option Volume

Detail
ℹ
Current (07/27) 7,715
Calls: 5,094 (66%)
Puts: 2,621 (34%)
Prior (07/24) 7,902
Calls: 4,169 (53%)
Puts: 3,733 (47%)
Current vs Prior -2.37%
Calls: +22.19% (Calls)
Puts: -29.79% (Puts)
Prior 7-Day Total 87,933
Calls: 56,070 (64%)
Puts: 31,863 (36%)
Prior 7-Day Average 12,561
Calls: 8,010 (64%)
Puts: 4,551 (36%)
Current vs Prior 7-Day Avg -38.58%
Calls: -36.40%
Puts: -42.42%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (07/27) $1.66M
Calls: $1.09M (65%)
Puts: $574.4K (35%)
Prior (07/24) $1.22M
Calls: $583.3K (48%)
Puts: $634.5K (52%)
Current vs Prior +36.61%
Calls: +86.74%
Puts: -9.47%
Prior 7-Day Total $18.71M
Calls: $12.82M (69%)
Puts: $5.89M (31%)
Prior 7-Day Average $2.67M
Calls: $1.83M (69%)
Puts: $841.4K (31%)
Current vs Prior 7-Day Avg -37.76%
Calls: -40.53%
Puts: -31.73%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/27) 0.51
Prior (07/24) 0.90
Current vs Prior -42.54%
Prior 7-Day Average 0.74
Current vs Prior 7-Day Avg -30.06%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (07/27) 214,388
Calls: 124,843 (58%)
Puts: 89,545 (42%)
Prior (07/24) 141,213
Calls: 84,790 (60%)
Puts: 56,423 (40%)
Current vs Prior +51.82%
Prior 7-Day Total 1,580,222
Calls: 959,667 (61%)
Puts: 620,555 (39%)
Prior 7-Day Average 225,746
Calls: 137,095 (61%)
Puts: 88,650 (39%)
Current vs Prior 7-Day Avg -5.03%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 4.78% | 7.10%9.94% | 12.96%
Prior 5.90% | 7.63%10.18% | 13.42%
Current vs Prior -18.96% | -7.01%-2.39% | -3.45%
Prior 7-Day Avg 6.19% | 8.40%8.85% | 13.82%
Current vs 7-Day Avg -22.70% | -15.52%+12.24% | -6.21%
Prior 7-Day Eod 5.90% | 7.63%10.18% | 13.42%
Current vs 7-Day Eod -18.96% | -7.01%-2.39% | -3.45%
Sentiment BULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 14.43% | 12.34%
Calls: 15.34% | 16.11%
Puts: 13.53% | 8.57%
Prior 14.43% | 12.34%
Calls: 15.34% | 16.11%
Puts: 13.53% | 8.57%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 12.81% | 13.28%
Calls: 12.64% | 14.56%
Puts: 12.98% | 12.00%
Current vs 7-Day Avg +12.65% | -7.09%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Moderately bullish flow with 65% call dollar volume ($1.09M). Bullish P/C ratio of 0.51. P/C ratio dropping 43% - sentiment shifting bullish. Rising open interest (up 52%) indicates new positions being established.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current BULLISH
Prior NEUTRAL
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 15 of results (avg 8.5%, best 5.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Aug 212.272.44$2.367.2%1210.55142
$42.50Aug 213.804.10$3.957.6%--0.7342
$44.00Jul 311.761.91$1.848.2%--0.7342
$44.50Jul 311.421.55$1.498.7%370.6615
$48.00Aug 211.021.12$1.079.3%340.338
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Jul 310.730.77$0.755.3%2260.42679
$49.00Aug 214.154.45$4.307.0%590.7231
$48.00Aug 72.993.25$3.128.3%50.7547
$50.00Aug 285.055.50$5.288.5%--0.7665
$46.50Jul 311.521.67$1.609.4%30.6742

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 5 found (avg $0.83, cheapest $0.59)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Aug 210.530.64$0.5918.6%300.21985
$45.50Jul 310.830.99$0.9117.6%1410.4913
$47.50Aug 140.841.01$0.9318.3%190.34--
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Jul 310.730.77$0.755.3%2260.42679
$45.50Jul 310.911.06$0.9915.2%280.51107

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 66 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$39.00Jul 315.357.10$6.2328.1%30.983
$37.00Jul 317.358.90$8.1319.1%20.956
$41.50Jul 313.454.15$3.8018.4%10.94--
$42.00Jul 313.053.65$3.3517.9%10.9240
$38.00Jul 316.358.00$7.1823.0%50.89--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Jul 314.354.80$4.579.8%31.00205
$53.00Jul 317.258.25$7.7512.9%11.004
$52.00Jul 316.357.40$6.8815.3%20.9417
$53.00Aug 77.208.35$7.7814.8%20.931
$51.00Jul 315.256.25$5.7517.4%20.91140

Most actively traded options today. High liquidity = easy entry/exit. 130 active (total vol 3.1K, top 380)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$53.00Sep 40.360.56$0.4643.5%3800.15--
$46.50Jul 310.450.59$0.5226.9%2170.3481
$45.50Jul 310.830.99$0.9117.6%1410.4913
$48.00Jul 310.130.21$0.1747.1%1290.14136
$45.00Aug 212.272.44$2.367.2%1210.55142
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Jul 310.730.77$0.755.3%2260.42679
$48.00Aug 283.654.10$3.8811.6%1300.645
$43.50Jul 310.250.36$0.3135.5%800.2139
$44.00Jul 310.370.50$0.4429.5%620.2891
$49.00Aug 214.154.45$4.307.0%590.7231

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 41 strikes (avg 33.6%, max 195.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$54.00Jul 31Aug 21136.8%46.3%195.3%2303
$51.00Jul 31Sep 479.9%44.8%78.3%3360
$52.00Jul 31Aug 2177.9%43.8%77.8%10114
$53.00Jul 31Sep 469.5%43.3%60.4%38096
$49.50Jul 31Aug 2167.2%43.3%55.1%23115
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$38.00Jul 31Aug 21146.7%53.1%176.4%--32
$51.00Jul 31Aug 1479.9%48.6%64.3%2162
$48.50Jul 31Aug 2160.3%41.4%45.6%17178
$39.00Jul 31Aug 2172.4%51.9%39.6%--50
$49.00Jul 31Aug 2162.5%44.9%39.3%6086

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 90 found (best R:R 9.00, avg 2.11)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$51.00$52.00Aug 7$0.10$0.90$0.109.00$51.10
$49.00$50.00Aug 14$0.11$0.89$0.118.09$49.11
$53.00$54.00Aug 14$0.11$0.89$0.118.09$53.11
$50.00$51.00Aug 28$0.17$0.83$0.174.88$50.17
$50.00$51.00Aug 21$0.18$0.82$0.184.56$50.18
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$41.00$40.00Aug 21$0.11$0.89$0.118.09$40.89
$43.00$42.00Aug 14$0.19$0.81$0.194.26$42.81
$43.00$42.00Aug 7$0.21$0.79$0.213.76$42.79
$40.50$40.00Jul 31$0.11$0.39$0.113.55$40.39
$41.00$40.00Aug 7$0.22$0.78$0.223.55$40.78

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 104 found (best R:R 7.33, avg 1.19)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$40.00$42.50Aug 21$2.18$2.18$0.326.81$42.18
$43.00$44.00Aug 21$0.75$0.75$0.253.00$43.75
$43.50$44.00Jul 31$0.37$0.37$0.132.85$43.87
$42.00$44.00Aug 14$1.46$1.46$0.542.70$43.46
$44.00$44.50Jul 31$0.35$0.35$0.152.33$44.35
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$50.00$48.00Aug 7$1.76$1.76$0.247.33$48.24
$53.00$52.00Jul 31$0.87$0.87$0.136.69$52.13
$54.00$53.00Jul 31$0.82$0.82$0.184.56$53.18
$50.00$49.00Aug 21$0.80$0.80$0.204.00$49.20
$48.00$47.00Sep 4$0.77$0.77$0.233.35$47.23

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 36 found (avg debit $0.44, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$52.00Jul 31Aug 7$0.0577.9%51.8%
$51.00Jul 31Aug 7$0.0979.9%53.9%
$48.50Jul 31Aug 7$0.1160.3%41.3%
$53.00Jul 31Aug 7$0.1169.5%57.3%
$50.00Jul 31Aug 7$0.1748.4%45.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$49.00Jul 31Aug 14$0.1062.5%42.4%
$40.00Jul 31Aug 7$0.1363.9%54.1%
$47.50Jul 31Aug 7$0.2550.4%46.1%
$42.00Jul 31Aug 7$0.2855.3%50.0%
$50.00Jul 31Aug 7$0.3148.4%45.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 58 found (cheapest 4.19% of stock, avg 9.60%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$45.50Jul 31$0.91$0.99$1.90$43.60$47.404.19%
$45.00Jul 31$1.18$0.75$1.93$43.07$46.934.25%
$46.00Jul 31$0.72$1.27$1.99$44.01$47.994.39%
$44.50Jul 31$1.49$0.59$2.08$42.42$46.584.58%
$46.50Jul 31$0.52$1.60$2.12$44.38$48.624.67%
$47.00Jul 31$0.36$1.89$2.25$44.75$49.254.96%
$44.00Jul 31$1.84$0.44$2.28$41.72$46.285.02%
$43.50Jul 31$2.21$0.31$2.52$40.98$46.025.55%
$43.00Jul 31$2.41$0.22$2.63$40.37$45.635.80%
$47.50Jul 31$0.26$2.46$2.72$44.78$50.225.99%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 123 found (cheapest 1.06% of stock, avg 4.65%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$47.50$43.00Jul 31$0.26$0.22$0.48$42.52$47.98
$47.50$43.50Jul 31$0.26$0.31$0.57$42.93$48.07
$47.00$43.00Jul 31$0.36$0.22$0.58$42.42$47.58
$47.00$43.50Jul 31$0.36$0.31$0.67$42.83$47.67
$47.50$44.00Jul 31$0.26$0.44$0.70$43.30$48.20
$46.50$43.00Jul 31$0.52$0.22$0.74$42.26$47.24
$47.00$44.00Jul 31$0.36$0.44$0.80$43.20$47.80
$46.50$43.50Jul 31$0.52$0.31$0.83$42.67$47.33
$47.50$44.50Jul 31$0.26$0.59$0.85$43.65$48.35
$46.00$43.00Jul 31$0.72$0.22$0.94$42.06$46.94

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 147 found (best R:R 9.00, avg credit $0.54)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
47/4848/49Aug 14$0.90$0.109.00$47.10$49.40
46/4748/49Aug 14$0.88$0.127.33$46.12$49.38
44/4546/46Aug 7$0.86$0.146.14$44.14$46.86
40/4143/44Aug 21$0.86$0.146.14$40.14$43.86
44/4547/48Aug 28$0.84$0.165.25$44.16$47.84
45/4648/49Aug 28$0.84$0.165.25$45.16$48.84
43/4446/48Aug 21$0.83$0.174.88$43.17$47.33
46/4748/48Aug 21$0.83$0.174.88$46.17$48.83
44/4445/46Jul 31$0.40$0.104.00$43.60$45.40
42/4346/46Aug 21$0.40$0.104.00$42.60$45.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 39 found (best R:R 14.38, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$49.00$50.00$51.00Aug 14$0.07$0.9313.29
$51.00$52.00$53.00Aug 14$0.07$0.9313.29
$49.00$50.00$51.00Aug 28$0.08$0.9211.50
$50.00$51.00$52.00Aug 21$0.09$0.9110.11
$47.00$48.00$49.00Aug 28$0.09$0.9110.11
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$40.00$42.00$44.00Aug 28$0.13$1.8714.38
$44.00$45.00$46.00Aug 28$0.09$0.9110.11
$46.00$48.00$50.00Aug 28$0.19$1.819.53
$44.00$44.50$45.00Aug 14$0.05$0.459.00
$48.50$49.00$49.50Jul 31$0.07$0.436.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 71 found (best net $-0.10, 65 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$51.00$53.001:2Sep 4-$0.10$1.90
$51.00$53.001:2Aug 28-$0.52$1.48
$39.00$41.501:2Jul 31-$1.37$1.13
$53.00$54.001:2Aug 14-$0.12$0.88
$52.00$53.001:2Aug 7-$0.13$0.87
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$44.00$42.001:2Aug 28-$0.38$1.62
$42.50$41.001:2Aug 21-$0.19$1.31
$53.00$50.001:2Aug 7-$1.98$1.02
$43.00$42.001:2Aug 7-$0.17$0.83
$39.00$38.001:2Aug 21-$0.18$0.82

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 48 found (best yield 4.45%, avg 1.54%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$45.50Aug 21$2.020.510.3%4.45%4.72%--24
$46.00Aug 21$1.710.481.4%3.77%5.13%251
$45.50Aug 14$1.670.510.3%3.68%3.94%2--
$47.00Aug 28$1.560.423.6%3.44%7.01%26
$46.50Aug 21$1.480.442.5%3.26%5.73%--24
$46.00Aug 14$1.460.471.4%3.22%4.58%--35
$45.50Aug 7$1.370.510.3%3.02%3.28%2820
$48.00Aug 28$1.200.365.8%2.64%8.42%--19
$46.50Aug 14$1.190.422.5%2.62%5.09%1--
$46.00Aug 7$1.140.461.4%2.51%3.88%2112

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 5,094
Total Puts 2,621
Put/Call Ratio 0.51
Net Difference 2,473

Prior's Put/Call Breakdown

Total Calls 4,169
Total Puts 3,733
Put/Call Ratio 0.90
Net Difference 436

Prior 7-Day Put/Call Summary

Total Calls 56,070
Total Puts 31,863
Average Put/Call Ratio 0.74
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All