Southwest Airlines Co. (LUV) Options Analysis - Options Chain, Volume & Implied Volatility - Stocknear

Southwest Airlines Co.

NYSE: LUV · Real-Time Price · USD
32.52
0.59 (1.83%)
At close: Sep 26, 2025, 3:59 PM
32.54
0.08%
After-hours: Sep 26, 2025, 07:59 PM EDT

LUV Option Overview

Overview for all option chains of LUV. As of September 28, 2025, LUV options have an IV of 49.66% and an IV rank of 41.76%. The volume is 20,880 contracts, which is 174.6% of average daily volume of 11,959 contracts. The volume put-call ratio is 2.87, indicating a bearish sentiment in the market.

Implied Volatility

Implied Volatility (30d)
49.66%
IV Rank
41.76%
Historical Volatility
30.4%
IV Low
33.86% on Feb 11, 2025
IV High
71.69% on Sep 23, 2025

Open Interest (OI)

Today's Open Interest
354,167
Put-Call Ratio
1.2
Put Open Interest
193,186
Call Open Interest
160,981
Open Interest Avg (30-day)
250,679
Today vs Open Interest Avg (30-day)
141.28%

Option Volume

Today's Volume
20,880
Put-Call Ratio
2.87
Put Volume
15,488
Call Volume
5,392
Volume Avg (30-day)
11,959
Today vs Volume Avg (30-day)
174.6%

Option Chain Statistics

This table provides a comprehensive overview of all LUV options grouped by their expiration dates.

Expiration Call Vol Put Vol P/C Vol Call OI Put OI P/C OI Implied Volatility Max Pain
Oct 03, 2025 1,422 4,138 2.91 5,971 9,370 1.57 112.77% 31.5
Oct 10, 2025 656 630 0.96 3,504 22,997 6.56 50.05% 31
Oct 17, 2025 1,347 3,077 2.28 44,928 38,466 0.86 44.91% 32.5
Oct 24, 2025 174 14 0.08 1,058 1,871 1.77 49.27% 32
Oct 31, 2025 135 2,700 20 725 16,135 22.26 52.56% 31
Nov 07, 2025 7 36 5.14 4 1 0.25 45.2% 34
Nov 21, 2025 869 826 0.95 15,656 20,615 1.32 48.19% 35
Dec 19, 2025 102 2,381 23.34 15,264 14,016 0.92 43.91% 32.5
Jan 16, 2026 183 1,459 7.97 50,595 42,217 0.83 41.69% 32.5
Mar 20, 2026 37 45 1.22 7,827 4,781 0.61 40.59% 32.5
Jun 18, 2026 142 20 0.14 4,978 9,342 1.88 38.83% 35
Sep 18, 2026 187 152 0.81 652 1,232 1.89 37.78% 32.5
Dec 18, 2026 0 0 0 12 0 0 n/a 5
Jan 15, 2027 76 0 0 9,369 12,094 1.29 37.75% 32.5
Jan 21, 2028 55 10 0.18 438 49 0.11 36.86% 25