Southwest Airlines
LUV
41.72
-0.73
-1.72%
Southwest Airlines
US · LUV
#914 by market cap
Listed 1977
41.72
-0.73
-1.72%
Live - 5344 symbols - heartbeat 137s ago
· 2026-10-08 07:00
Pre-market
41.18
-1.29%
After-hours
41.62
-0.24%
Overnight
41.35
-0.89%
- Market cap
- 20.41B
- P/E (TTM)i
- 26.08
- P/Bi
- 2.88
- EPSi
- 0.79
- Div yieldi
- 1.73%
- 52W posi
- 51%
Reader sentiment
Are you bullish or bearish on LUV?
Anonymous reader poll. Unscientific, not investment advice.
✦ Today’s options flow
Puts lead
1077 1846
■ Call volume■ Put volume
- Puts are outnumbering calls 1.7 to 1 today — that can mean bearish bets or just hedging against an existing position, options volume alone can't tell you which.
Options-implied move vs. analyst target
The chain's longest listed expiration (Nov 6, 2026, 29 days out) implies 48.00% annualized vol near the money — a one-standard-deviation move to roughly $36.08–$47.36 by then.
Options-implied (~68% band), 29d
$36.08now $41.72$47.36
Analyst target range, ~12mo
$45.00avg $52.50$65.00
Two different things on the same scale: the purple band is the options market's own near-term volatility pricing (statistical, 29 days out); the blue band is sell-side opinion on a roughly 12-month horizon. Neither is a forecast.
Most active contracts today
| Contract | Type | Last | Volume | Open int. | IV |
|---|---|---|---|---|---|
| Oct 16 $40.00 | Put | $0.34 | 341 | 2,504 | 41.26% |
| Oct 16 $35.00 | Put | $0.03 | 215 | 1,386 | 58.15% |
| Oct 9 $40.50 | Put | $0.21 | 173 | 119 | 82.31% |
| Oct 23 $42.00 | Put | $1.81 | 159 | 258 | 52.47% |
| Oct 9 $42.00 | Call | $0.65 | 137 | 497 | 80.82% |
| Oct 30 $42.00 | Put | $1.98 | 102 | 215 | 39.81% |
| Oct 9 $46.50 | Call | $0.01 | 94 | 3 | 75.35% |
| Oct 9 $41.50 | Put | $0.54 | 89 | 70 | 74.65% |
| Oct 9 $42.00 | Put | $0.77 | 79 | 184 | 66.99% |
| Oct 2 $42.00 | Call | $0.35 | 72 | 388 | 75.92% |
Ranked by today’s contract volume, calls and puts together. Ties in the underlying data land in whatever order the database returns them.
Full chain, by expiration
Oct 2, 2026 (46 strikes)
| Calls | Strike | Puts | ||||
|---|---|---|---|---|---|---|
| Last | Vol | OI | Last | Vol | OI | |
| $13.70 | 22 | 24 | $28.00 | $0.00 | 0 | 1 |
| $12.73 | 27 | 27 | $29.00 | $0.00 | 0 | 2 |
| $11.77 | 11 | 12 | $30.00 | $0.00 | 0 | 3 |
| $10.85 | 8 | 9 | $31.00 | $0.00 | 0 | 2 |
| $9.80 | 4 | 9 | $32.00 | $0.00 | 0 | 28 |
| $8.80 | 6 | 7 | $33.00 | $0.00 | 0 | 24 |
| $8.52 | 2 | 8 | $33.50 | $0.00 | 0 | 2 |
| $7.51 | 1 | 3 | $34.00 | $0.00 | 0 | 14 |
| $7.19 | 0 | 2 | $34.50 | $0.00 | 0 | 1 |
| $6.75 | 8 | 13 | $35.00 | $0.01 | 1 | 174 |
| $6.20 | 2 | 5 | $35.50 | $0.00 | 0 | 1 |
| $5.83 | 2 | 4 | $36.00 | $0.00 | 0 | 15 |
| $5.25 | 7 | 15 | $36.50 | $0.00 | 0 | 4 |
| $4.69 | 0 | 76 | $37.00 | $0.00 | 0 | 105 |
| $4.23 | 2 | 19 | $37.50 | $0.02 | 1 | 19 |
| $3.68 | 3 | 24 | $38.00 | $0.01 | 1 | 80 |
| $3.29 | 4 | 13 | $38.50 | $0.01 | 12 | 81 |
| $2.76 | 2 | 80 | $39.00 | $0.01 | 28 | 196 |
| $2.36 | 3 | 3 | $39.50 | $0.04 | 30 | 67 |
| $1.81 | 0 | 193 | $40.00 | $0.06 | 40 | 164 |
| $1.50 | 23 | 120 | $40.50 | $0.06 | 53 | 130 |
| $1.04 | 1 | 177 | $41.00 | $0.08 | 12 | 147 |
| $0.79 | 10 | 306 | $41.50 | $0.23 | 9 | 230 |
| $0.35 | 72 | 388 | $42.00 | $0.44 | 8 | 51 |
| $0.19 | 33 | 175 | $42.50 | $1.13 | 0 | 8 |
| $0.11 | 12 | 304 | $43.00 | $1.28 | 8 | 90 |
| $0.05 | 13 | 91 | $43.50 | $1.95 | 0 | 1 |
| $0.03 | 3 | 834 | $44.00 | $2.43 | 0 | 5 |
| $0.03 | 6 | 98 | $44.50 | $2.91 | 0 | 0 |
| $0.01 | 2 | 419 | $45.00 | $3.39 | 0 | 0 |
| $0.05 | 0 | 29 | $45.50 | $3.88 | 0 | 0 |
| $0.01 | 1 | 92 | $46.00 | $4.38 | 0 | 1 |
| $0.04 | 0 | 98 | $46.50 | $4.87 | 0 | 1 |
| $0.03 | 0 | 54 | $47.00 | $5.37 | 0 | 1 |
| $0.03 | 0 | 16 | $48.00 | $6.36 | 0 | 0 |
| $0.02 | 0 | 0 | $49.00 | $7.36 | 0 | 0 |
| $0.02 | 0 | 68 | $50.00 | $8.36 | 0 | 1 |
| $0.01 | 0 | 0 | $51.00 | $9.36 | 0 | 0 |
| $0.01 | 0 | 0 | $52.00 | $10.38 | 1 | 0 |
| $0.01 | 0 | 0 | $53.00 | $11.31 | 1 | 1 |
| $0.01 | 0 | 0 | $54.00 | $12.36 | 0 | 0 |
| $0.00 | 0 | 0 | $55.00 | $13.36 | 0 | 0 |
| $0.00 | 0 | 0 | $56.00 | $14.36 | 0 | 0 |
| $0.00 | 0 | 1 | $57.00 | $15.36 | 0 | 0 |
| $0.00 | 0 | 2 | $60.00 | $18.36 | 0 | 0 |
| $0.00 | 0 | 0 | $65.00 | $23.36 | 0 | 0 |
Oct 9, 2026 (41 strikes)
| Calls | Strike | Puts | ||||
|---|---|---|---|---|---|---|
| Last | Vol | OI | Last | Vol | OI | |
| $13.78 | 2 | 5 | $28.00 | $0.00 | 0 | 2 |
| $12.86 | 3 | 10 | $29.00 | $0.01 | 1 | 4 |
| $11.80 | 3 | 47 | $30.00 | $0.00 | 0 | 3 |
| $10.74 | 2 | 8 | $31.00 | $0.00 | 0 | 0 |
| $10.45 | 0 | 2 | $32.00 | $0.00 | 0 | 4 |
| $9.45 | 0 | 2 | $33.00 | $0.00 | 0 | 6 |
| $7.78 | 2 | 4 | $34.00 | $0.00 | 0 | 4 |
| $6.85 | 2 | 13 | $35.00 | $0.09 | 1 | 45 |
| $6.33 | 1 | 5 | $35.50 | $0.13 | 1 | 11 |
| $5.90 | 1 | 8 | $36.00 | $0.01 | 0 | 24 |
| $5.95 | 0 | 3 | $36.50 | $0.01 | 0 | 28 |
| $5.45 | 0 | 10 | $37.00 | $0.01 | 0 | 117 |
| $4.96 | 0 | 2 | $37.50 | $0.02 | 0 | 200 |
| $4.46 | 0 | 20 | $38.00 | $0.02 | 36 | 158 |
| $3.96 | 0 | 2 | $38.50 | $0.05 | 23 | 126 |
| $2.78 | 1 | 24 | $39.00 | $0.05 | 33 | 197 |
| $2.35 | 1 | 0 | $39.50 | $0.10 | 6 | 129 |
| $2.54 | 0 | 65 | $40.00 | $0.15 | 52 | 211 |
| $2.12 | 0 | 124 | $40.50 | $0.21 | 173 | 119 |
| $1.25 | 16 | 108 | $41.00 | $0.36 | 6 | 178 |
| $0.97 | 47 | 152 | $41.50 | $0.54 | 89 | 70 |
| $0.65 | 137 | 497 | $42.00 | $0.77 | 79 | 184 |
| $0.45 | 36 | 503 | $42.50 | $1.25 | 1 | 39 |
| $0.30 | 58 | 525 | $43.00 | $1.12 | 0 | 23 |
| $0.19 | 11 | 263 | $43.50 | $1.48 | 0 | 6 |
| $0.12 | 55 | 696 | $44.00 | $2.34 | 1 | 57 |
| $0.15 | 9 | 460 | $44.50 | $2.28 | 0 | 1 |
| $0.05 | 24 | 368 | $45.00 | $2.71 | 0 | 0 |
| $0.07 | 0 | 358 | $45.50 | $3.14 | 0 | 0 |
| $0.01 | 10 | 62 | $46.00 | $3.62 | 0 | 0 |
| $0.01 | 94 | 3 | $46.50 | $4.11 | 0 | 0 |
| $0.04 | 1 | 74 | $47.00 | $4.59 | 0 | 0 |
| $0.01 | 0 | 34 | $47.50 | $5.08 | 0 | 0 |
| $0.01 | 0 | 30 | $48.00 | $5.58 | 0 | 0 |
| $0.00 | 0 | 1 | $48.50 | $6.07 | 0 | 1 |
| $0.00 | 0 | 8 | $49.00 | $6.57 | 0 | 0 |
| $0.00 | 0 | 51 | $50.00 | $7.57 | 0 | 0 |
| $0.00 | 0 | 0 | $51.00 | $8.57 | 0 | 0 |
| $0.00 | 0 | 0 | $52.00 | $9.57 | 0 | 0 |
| $0.00 | 0 | 0 | $55.00 | $12.57 | 0 | 0 |
| $0.00 | 0 | 1 | $60.00 | $17.56 | 0 | 0 |
Oct 16, 2026 (41 strikes)
| Calls | Strike | Puts | ||||
|---|---|---|---|---|---|---|
| Last | Vol | OI | Last | Vol | OI | |
| $17.45 | 0 | 2 | $25.00 | $0.00 | 0 | 1 |
| $14.95 | 0 | 3 | $27.50 | $0.00 | 0 | 20 |
| $12.45 | 0 | 5 | $30.00 | $0.02 | 0 | 528 |
| $11.45 | 0 | 0 | $31.00 | $0.02 | 0 | 0 |
| $10.46 | 0 | 0 | $32.00 | $0.03 | 0 | 0 |
| $9.96 | 0 | 11 | $32.50 | $0.04 | 0 | 298 |
| $9.46 | 0 | 0 | $33.00 | $0.04 | 0 | 1 |
| $8.47 | 0 | 0 | $34.00 | $0.05 | 0 | 1 |
| $7.47 | 0 | 14 | $35.00 | $0.03 | 215 | 1,386 |
| $6.97 | 0 | 0 | $35.50 | $0.06 | 0 | 8 |
| $6.48 | 0 | 0 | $36.00 | $0.06 | 0 | 12 |
| $5.98 | 0 | 0 | $36.50 | $0.07 | 0 | 9 |
| $5.48 | 0 | 0 | $37.00 | $0.03 | 1 | 125 |
| $4.61 | 10 | 34 | $37.50 | $0.08 | 6 | 1,263 |
| $4.51 | 0 | 2 | $38.00 | $0.12 | 20 | 20 |
| $4.02 | 0 | 0 | $38.50 | $0.13 | 11 | 70 |
| $3.54 | 0 | 1 | $39.00 | $0.21 | 12 | 129 |
| $3.14 | 0 | 0 | $39.50 | $0.29 | 65 | 122 |
| $2.76 | 0 | 1,288 | $40.00 | $0.34 | 341 | 2,504 |
| $2.38 | 0 | 164 | $40.50 | $0.50 | 62 | 90 |
| $1.74 | 8 | 241 | $41.00 | $0.63 | 0 | 232 |
| $1.32 | 3 | 542 | $41.50 | $0.86 | 2 | 125 |
| $1.16 | 11 | 820 | $42.00 | $1.15 | 6 | 190 |
| $0.83 | 46 | 7,079 | $42.50 | $1.33 | 4 | 2,861 |
| $0.71 | 3 | 1,475 | $43.00 | $1.81 | 1 | 132 |
| $0.53 | 1 | 294 | $43.50 | $1.88 | 0 | 0 |
| $0.33 | 10 | 65 | $44.00 | $2.20 | 0 | 0 |
| $0.43 | 0 | 48 | $44.50 | $2.54 | 0 | 0 |
| $0.19 | 27 | 3,573 | $45.00 | $3.30 | 25 | 64 |
| $0.18 | 16 | 184 | $45.50 | $3.41 | 0 | 0 |
| $0.13 | 3 | 989 | $46.00 | $3.86 | 0 | 0 |
| $0.17 | 2 | 1 | $46.50 | $4.31 | 0 | 0 |
| $0.09 | 2 | 284 | $47.00 | $4.77 | 0 | 0 |
| $0.11 | 0 | 2,207 | $47.50 | $5.22 | 0 | 5 |
| $0.09 | 0 | 640 | $48.00 | $5.70 | 0 | 0 |
| $0.05 | 0 | 7 | $49.00 | $6.66 | 0 | 0 |
| $0.01 | 4 | 268 | $50.00 | $7.62 | 0 | 0 |
| $0.01 | 0 | 75 | $51.00 | $8.61 | 0 | 0 |
| $0.00 | 0 | 0 | $52.00 | $9.61 | 0 | 0 |
| $0.00 | 0 | 7 | $55.00 | $12.60 | 0 | 0 |
| $0.00 | 0 | 0 | $60.00 | $17.60 | 0 | 0 |
Oct 23, 2026 (39 strikes)
| Calls | Strike | Puts | ||||
|---|---|---|---|---|---|---|
| Last | Vol | OI | Last | Vol | OI | |
| $14.45 | 0 | 2 | $28.00 | $0.00 | 0 | 0 |
| $13.45 | 0 | 2 | $29.00 | $0.00 | 0 | 0 |
| $12.45 | 0 | 0 | $30.00 | $0.00 | 0 | 1 |
| $11.45 | 0 | 0 | $31.00 | $0.01 | 0 | 1 |
| $10.45 | 0 | 0 | $32.00 | $0.01 | 0 | 2 |
| $9.45 | 0 | 0 | $33.00 | $0.03 | 0 | 4 |
| $8.47 | 0 | 0 | $34.00 | $0.06 | 0 | 1 |
| $7.51 | 0 | 1 | $35.00 | $0.11 | 0 | 47 |
| $6.58 | 0 | 1 | $36.00 | $0.19 | 1 | 209 |
| $6.13 | 0 | 0 | $36.50 | $0.24 | 0 | 1 |
| $5.71 | 0 | 7 | $37.00 | $0.32 | 0 | 79 |
| $5.30 | 0 | 2 | $37.50 | $0.41 | 0 | 2 |
| $4.89 | 0 | 2 | $38.00 | $0.45 | 3 | 65 |
| $4.49 | 0 | 0 | $38.50 | $0.38 | 2 | 0 |
| $4.09 | 0 | 55 | $39.00 | $0.65 | 26 | 66 |
| $3.70 | 0 | 0 | $39.50 | $0.73 | 39 | 1 |
| $2.99 | 1 | 95 | $40.00 | $0.95 | 6 | 169 |
| $2.97 | 0 | 10 | $40.50 | $1.09 | 7 | 0 |
| $2.29 | 1 | 151 | $41.00 | $1.33 | 2 | 460 |
| $2.05 | 1 | 1 | $41.50 | $1.50 | 0 | 1 |
| $1.75 | 3 | 151 | $42.00 | $1.81 | 159 | 258 |
| $1.67 | 6 | 10 | $42.50 | $2.00 | 0 | 0 |
| $1.45 | 3 | 793 | $43.00 | $2.35 | 1 | 83 |
| $1.23 | 4 | 6 | $43.50 | $2.61 | 0 | 0 |
| $1.08 | 43 | 139 | $44.00 | $3.09 | 1 | 11 |
| $0.88 | 18 | 0 | $44.50 | $3.22 | 0 | 0 |
| $0.79 | 20 | 1,775 | $45.00 | $3.59 | 0 | 3 |
| $0.86 | 0 | 3 | $45.50 | $3.97 | 0 | 0 |
| $0.54 | 1 | 366 | $46.00 | $4.35 | 0 | 0 |
| $0.66 | 0 | 3 | $46.50 | $4.77 | 0 | 0 |
| $0.57 | 0 | 73 | $47.00 | $5.18 | 0 | 0 |
| $0.50 | 0 | 6 | $47.50 | $5.61 | 0 | 0 |
| $0.45 | 0 | 93 | $48.00 | $6.05 | 0 | 0 |
| $0.34 | 0 | 91 | $49.00 | $6.95 | 0 | 0 |
| $0.24 | 0 | 13 | $50.00 | $7.84 | 0 | 24 |
| $0.17 | 0 | 2 | $51.00 | $8.77 | 0 | 0 |
| $0.12 | 0 | 1 | $52.00 | $9.72 | 0 | 0 |
| $0.04 | 0 | 5 | $55.00 | $12.63 | 0 | 0 |
| $0.00 | 0 | 0 | $60.00 | $17.59 | 0 | 0 |
Oct 30, 2026 (26 strikes)
| Calls | Strike | Puts | ||||
|---|---|---|---|---|---|---|
| Last | Vol | OI | Last | Vol | OI | |
| $14.45 | 0 | 0 | $28.00 | $0.00 | 0 | 0 |
| $13.45 | 0 | 3 | $29.00 | $0.00 | 0 | 0 |
| $12.14 | 2 | 6 | $30.00 | $0.01 | 0 | 25 |
| $11.45 | 0 | 0 | $31.00 | $0.01 | 0 | 0 |
| $10.45 | 0 | 0 | $32.00 | $0.03 | 0 | 0 |
| $9.47 | 0 | 0 | $33.00 | $0.05 | 0 | 1 |
| $8.51 | 0 | 0 | $34.00 | $0.09 | 0 | 23 |
| $7.57 | 0 | 1 | $35.00 | $0.15 | 5 | 3 |
| $6.67 | 0 | 0 | $36.00 | $0.26 | 0 | 71 |
| $5.82 | 0 | 0 | $37.00 | $0.42 | 0 | 35 |
| $5.00 | 0 | 1 | $38.00 | $0.56 | 5 | 56 |
| $4.24 | 0 | 10 | $39.00 | $0.89 | 1 | 106 |
| $3.05 | 10 | 19 | $40.00 | $1.06 | 0 | 3 |
| $2.90 | 0 | 8 | $41.00 | $1.58 | 1 | 46 |
| $2.01 | 8 | 71 | $42.00 | $1.98 | 102 | 215 |
| $1.83 | 0 | 27 | $43.00 | $2.58 | 3 | 9 |
| $1.48 | 0 | 21 | $44.00 | $3.06 | 0 | 50 |
| $1.12 | 0 | 48 | $45.00 | $3.71 | 0 | 13 |
| $0.70 | 1 | 43 | $46.00 | $4.40 | 0 | 0 |
| $0.65 | 0 | 66 | $47.00 | $5.23 | 0 | 0 |
| $0.48 | 0 | 20 | $48.00 | $6.05 | 0 | 0 |
| $0.35 | 0 | 18 | $49.00 | $6.92 | 0 | 0 |
| $0.25 | 0 | 31 | $50.00 | $7.82 | 0 | 0 |
| $0.18 | 0 | 1 | $51.00 | $8.75 | 0 | 0 |
| $0.13 | 0 | 0 | $52.00 | $9.69 | 0 | 0 |
| $0.04 | 0 | 30 | $55.00 | $12.60 | 0 | 0 |
Nov 6, 2026 (25 strikes)
| Calls | Strike | Puts | ||||
|---|---|---|---|---|---|---|
| Last | Vol | OI | Last | Vol | OI | |
| $13.64 | 0 | 1 | $29.00 | $0.08 | 0 | 0 |
| $12.66 | 0 | 0 | $30.00 | $0.10 | 0 | 0 |
| $11.68 | 0 | 0 | $31.00 | $0.12 | 0 | 0 |
| $10.71 | 0 | 0 | $32.00 | $0.15 | 0 | 0 |
| $9.74 | 0 | 0 | $33.00 | $0.18 | 0 | 2 |
| $8.78 | 0 | 0 | $34.00 | $0.14 | 2 | 2 |
| $7.82 | 0 | 0 | $35.00 | $0.25 | 0 | 14 |
| $6.91 | 0 | 0 | $36.00 | $0.34 | 0 | 21 |
| $6.06 | 0 | 0 | $37.00 | $0.48 | 0 | 1 |
| $5.32 | 0 | 0 | $38.00 | $0.73 | 0 | 1 |
| $4.57 | 0 | 0 | $39.00 | $1.00 | 1 | 29 |
| $3.87 | 0 | 1 | $40.00 | $1.35 | 1 | 3 |
| $3.23 | 0 | 0 | $41.00 | $1.64 | 0 | 1 |
| $2.48 | 1 | 90 | $42.00 | $2.02 | 0 | 9 |
| $2.03 | 0 | 19 | $43.00 | $2.43 | 0 | 0 |
| $1.61 | 0 | 3 | $44.00 | $3.02 | 0 | 2 |
| $1.15 | 2 | 26 | $45.00 | $3.72 | 0 | 0 |
| $1.02 | 0 | 16 | $46.00 | $4.43 | 0 | 0 |
| $0.79 | 0 | 11 | $47.00 | $5.20 | 0 | 0 |
| $0.56 | 0 | 6 | $48.00 | $5.98 | 0 | 0 |
| $0.43 | 0 | 2 | $49.00 | $6.85 | 0 | 0 |
| $0.36 | 0 | 2 | $50.00 | $7.79 | 0 | 0 |
| $0.30 | 0 | 0 | $51.00 | $8.74 | 0 | 0 |
| $0.25 | 0 | 0 | $52.00 | $9.69 | 0 | 0 |
| $0.15 | 0 | 30 | $55.00 | $12.60 | 0 | 0 |
Chain covers the nearest 6 expirations only — where almost all retail volume sits. Data as of 2026-10-08 15:37, refreshed a few times a day, not real-time.
For reference only, not investment advice. Options involve risk and are not suitable for every investor.
Quote time 2026-10-08 07:00:12 · For reference only, not investment advice and not tailored to your situation.