Southwest Airlines Co
Southwest Airlines Co (LUV) Historical Volatility
LUV 30-day historical volatility is 30%. This ranks in the 13th percentile of readings over the past year.
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Tracking LUV historical volatility helps you see how much Southwest Airlines Co's stock price has actually moved over past periods, giving you a baseline to judge whether current option premiums are fair, cheap, or expensive. While implied volatility tells you what the market expects, Southwest Airlines Co's HV tells you what really happened. Use our scanner to monitor LUV 30 day historical volatility alongside longer lookback windows and spot the moments when realized and implied diverge.
Historical volatility is the annualized standard deviation of an underlying's past returns, typically measured over rolling windows like 10, 20, 30, or 60 days. The LUV 30 day historical volatility is one of the most widely watched readings because it balances responsiveness with stability. Comparing Southwest Airlines Co's HV to its implied volatility reveals the volatility risk premium — when IV sits well above HV, option sellers tend to have an edge; when HV runs hot relative to IV, buyers may be underpaying for movement.
Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2021, the company operated a total fleet of 728 Boeing 737 aircrafts; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment and connectivity services on Wi-Fi enabled aircrafts; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares.
In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. The company was incorporated in 1967 and is headquartered in Dallas, Texas.
Sizing a long premium trade, modeling a covered call, or hunting volatility arbitrage all come back to one question: how much has the stock actually moved? Our scanner puts Southwest Airlines Co's historical volatility side-by-side with implied readings across every lookback window, so you can see exactly where LUV HV is running hot, cold, or in line. Make the LUV 30 day historical volatility — and every other window — work for your edge instead of against it.
As of September 18, 2026
As of September 18, 2026
See how volatility has moved over time
Track LUV historical volatility, spot where IV and realized volatility diverge, and find options that are priced in your favor right now.
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