Southwest Airlines Co

LUVNYSE · USD
40.98USD0.00 (+1.59%)
977

Southwest Airlines Co (LUV) Option Chain

As of September 17, 2026, Southwest Airlines Co is trading at $40.98, a +1.59% change from the previous close. The nearest expiration is Sep 25, 2026. Implied volatility is 41.2%. IV Rank is 32%.

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Tracking the LUV option chain helps you see every strike and expiry on Southwest Airlines Co in one view, so you can quickly identify the contracts that fit your thesis and your risk. Southwest Airlines Co's option chain lays out bids, asks, volume, open interest, and Greeks across calls and puts, giving you the full map of LUV options activity at a glance. Use our scanner to monitor the LUV option chain in real time and filter for the LUV options trades that actually meet your criteria.

An option chain is the complete listing of all available option contracts on an underlying, organized by expiration date and strike price. For LUV stock options, the chain shows side-by-side call and put data, making it easy to compare premiums, assess liquidity, and spot pricing dislocations. Reading the LUV option chain effectively means looking beyond the last price — implied volatility by strike, volume-to-open-interest ratios, and bid-ask spreads all tell you where LUV stock options are being actively traded and where they are not.

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.

Credit spreads, long calls, iron condors, calendar trades — every strategy starts with the same raw material: a clean, complete option chain. Our scanner pulls Southwest Airlines Co's full chain across every expiry, highlights the most liquid strikes, and lets you screen LUV options by the metrics that matter, from IV skew to volume surges. Stop scrolling through endless rows of LUV stock options — let the full option chain come to you, pre-filtered and ready to trade.

Stock Statistics

  • IndustryAirlines
  • SectorIndustrials
  • IV percentile76.98% Elevated
  • Market cap (M$)20,048
  • 52 weeks high-25.64%
  • 52 weeks low40.05%
  • Analyst recommendationBuy
    2.43
  • Target price$50.72
    23.77% above the current stock price
  • Dividend
  • Payout ratio90.90%
  • Earnings date2026-10-21
  • P/E24.86
  • Future P/E8.90
  • EPS (ttm)1.65
  • EPS growth next 5 years80.33%

As of September 17, 2026

2026-09-25
5 strikes
Default
CALLsPUTs
Prob. OTM %Open InterestVolumeExtrinsic ValueIntrinsic ValueBidAskStrikeMoneyness %BidAskIntrinsic ValueExtrinsic ValueVolumeOpen InterestProb. OTM %
44.87365730.060.980.891.1940.00-0.840.540.800.000.673889355.13
53.2930250.420.480.131.6640.50+0.400.821.200.001.013146.71
61.471923570.700.000.450.9541.00+1.641.011.380.021.1765338.53
69.0727420.470.000.390.5541.50+2.881.421.690.521.03010130.93
75.86660840.320.000.190.4542.00+4.120.892.061.020.45411424.14

As of September 17, 2026

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