27.03
price down icon0.84%   -0.23
after-market  After Hours:  27.08  0.05   +0.18%
loading

Southwest Airlines Co Stock (LUV) Option Chain

The Southwest Airlines Co (LUV) option chain consists of 5,845 contracts with 1,532 call options and 4,313 put options, which all expire on May 03, 2024. Some other option chains:
  • For May 10, 2024 options, there are 1,179 contracts.
  • For May 17, 2024 options, there are 11,687 contracts.
  • For May 24, 2024 options, there are 198 contracts.
  • For June 21, 2024 options, there are 7,951 contracts.
  • For September 20, 2024 options, there are 3,486 contracts.
LUV option chain shows a lower number of calls than puts indicating that there are more bets placed on price decreases, which may also suggest bearish expectations for the stock.

The table below displays Southwest Airlines Co option chain data such as: call and put options, including strike price, last price, price change and volume. This table can help you navigate decisions on option chains but for optimal results shareholders should check the stock’s technical analysis and overall market sentiment.

LUV Call Options Expiring May 03, 2024

Strike Price Change % Change Volume
favorite 18.00 0.00 0.00 - -
favorite 19.00 0.00 0.00 - -
favorite 20.00 0.00 0.00 - -
favorite 20.50 6.80 0.00 - -
favorite 21.00 0.00 0.00 - -
favorite 22.00 0.00 0.00 - -
favorite 23.00 3.75 0.00 - -
favorite 24.00 3.25 0.63 +24.05% 10
favorite 25.00 1.71 0.00 - -
favorite 25.50 1.54 -0.29 -15.85% 1
favorite 26.00 1.12 -0.23 -17.04% 100
favorite 26.50 0.99 0.04 +4.21% 155
favorite 27.00 0.47 -0.13 -21.67% 435
favorite 27.50 0.25 -0.07 -21.88% 393
favorite 28.00 0.12 -0.09 -42.86% 210
favorite 28.50 0.04 -0.08 -66.67% 89
favorite 29.00 0.04 0.00 - 48
favorite 29.50 0.02 0.00 - 38
favorite 30.00 0.01 -0.02 -66.67% 8
favorite 30.50 0.01 0.00 - 39
favorite 31.00 0.01 -0.01 -50.00% 1
favorite 31.50 0.05 0.00 - -
favorite 32.00 0.02 0.00 - -
favorite 32.50 0.10 0.00 - -
favorite 33.00 0.01 -0.06 -85.71% 5
favorite 33.50 0.09 0.00 - -
favorite 34.00 0.01 0.00 - -
favorite 35.00 0.02 0.00 - -
favorite 36.00 0.04 0.00 - -
favorite 37.00 0.00 0.00 - -
favorite 38.00 0.00 0.00 - -
favorite 39.00 0.00 0.00 - -
favorite 40.00 0.00 0.00 - -

LUV Put Options Expiring May 03, 2024

Strike Price Change % Change Volume
favorite
18.00
0.00 0.00 - -
favorite
19.00
0.00 0.00 - -
favorite
20.00
0.00 0.00 - -
favorite
21.00
0.02 0.00 - 12
favorite
22.00
0.03 0.00 - -
favorite
23.00
0.06 0.00 - -
favorite
23.50
0.04 0.00 - -
favorite
24.00
0.05 0.00 - -
favorite
25.00
0.03 0.00 - 339
favorite
25.50
0.06 0.00 - 1,180
favorite
26.00
0.10 -0.02 -16.67% 584
favorite
26.50
0.21 -0.02 -8.70% 370
favorite
27.00
0.42 0.04 +10.53% 1,201
favorite
27.50
0.68 0.07 +11.48% 287
favorite
28.00
0.80 -0.13 -13.98% 109
favorite
28.50
1.30 -0.08 -5.80% 26
favorite
29.00
1.55 -0.08 -4.91% 48
favorite
29.50
2.50 -0.31 -11.03% 2
favorite
30.00
2.90 0.22 +8.21% 148
favorite
30.50
3.90 0.00 - -
favorite
31.00
3.85 -0.15 -3.75% 6
favorite
31.50
2.27 0.00 - -
favorite
32.00
5.20 -0.65 -11.11% 1
favorite
33.00
0.00 0.00 - -
favorite
34.00
0.00 0.00 - -
favorite
35.00
0.00 0.00 - -
favorite
36.00
0.00 0.00 - -
favorite
37.00
0.00 0.00 - -
favorite
38.00
0.00 0.00 - -
favorite
39.00
0.00 0.00 - -
favorite
40.00
0.00 0.00 - -

Southwest Airlines Co Stock (LUV) Option Chain Analysis

Put Volume Total 4,313
Call Volume Total 1,532
Put/Call Ratio (PCR) 2.82
Put Strike With Highest Volume $27.00
Call Strike With Highest Volume $27.00
From reviewing LUV put and call options expire on May 03, 2024, we can calculate put/call ratio (PCR) of 2.82. This ratio can be called as a falling PCR as it might indicate a bearish sentiment for this stock, if it continues to decrease, it could further confirm a more negative outlook. This indicator can be helpful tool for analysing a specific option chain since reading excessive amount of data can be time consuming. Therefore, besides assessing other crucial indicators, consider tracking PCR of your options chain to gain diverse insights that help you make better decisions.

Looking at LUV call and put strikes, we can clearly observe traders’ highest attention for call strike of $27.00 and put strike of $27.00. Since those are two call and put strikes with highest volume it can be interpret as a sign of willingness to trade call and put options at specific prices mentioned above.
airlines UAL
$52.84
price down icon 1.25%
airlines AAL
$13.88
price down icon 1.77%
airlines ALK
$43.96
price down icon 1.32%
airlines CPA
$98.95
price down icon 0.19%
$73.66
price up icon 0.71%
Cap:     |  Volume (24h):