Southwest Airlines Co. (LUV)
NYSE: LUV
· Real-Time Price · USD
32.52
0.21 (0.65%)
At close: Oct 03, 2025, 3:59 PM
32.77
0.77%
Pre-market: Oct 06, 2025, 07:07 AM EDT
LUV Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for LUV across all expirations is -167,903.19 shares per 1% move, with 330,624.13 from calls and 498,527.32 from puts. The put-call GEX ratio of 1.51 indicates heavy put positioning, suggesting market makers may need to buy shares on declines (supportive) and sell on rallies (resistance).
LUV GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Oct 10, 25 | 27,140.79 | -104,016.85 | -76,876.06 | 3.83 |
| Oct 17, 25 | 148,293.37 | -166,497.29 | -18,203.92 | 1.12 |
| Oct 24, 25 | 4,206.1 | -5,509.41 | -1,303.31 | 1.31 |
| Oct 31, 25 | 2,635.7 | -62,256.02 | -59,620.32 | 23.62 |
| Nov 7, 25 | 296.68 | -691.19 | -394.51 | 2.33 |
| Nov 14, 25 | 0 | -27.8 | -27.8 | n/a |
| Nov 21, 25 | 32,637.7 | -50,972.59 | -18,334.89 | 1.56 |
| Dec 19, 25 | 24,927.7 | -30,371.49 | -5,443.79 | 1.22 |
| Jan 16, 26 | 66,640.78 | -53,744.4 | 12,896.38 | 0.81 |
| Mar 20, 26 | 9,514.1 | -5,741.32 | 3,772.78 | 0.60 |
| Jun 18, 26 | 5,267.11 | -8,241.53 | -2,974.42 | 1.56 |
| Sep 18, 26 | 914.66 | -1,438.54 | -523.88 | 1.57 |
| Dec 18, 26 | 0 | 0 | 0 | n/a |
| Jan 15, 27 | 7,601.5 | -8,979.14 | -1,377.64 | 1.18 |
| Jan 21, 28 | 547.94 | -39.75 | 508.19 | 0.07 |