Home Options LUVChain

LUV

Southwest Airlines CompanyClose $50.25EOD only

Max Pain

$47.50

Next expiry Jul 10, 2026

Expected Move

±$2.79

5.6% from close

Price Gap

-2.75

Distance to max pain

IV Rank

Low premium

P/C OI

0.59

Slightly call-heavy

Consensus

—

No reports available

Published snapshot: Jul 2, 2026 close

End-of-day snapshot

This page reflects LUV options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

Jul 2, 2026 close

LUV Options Chain

Data as of market close Jul 2, 2026

Expiration

Compare calls and puts side by side with OI, volume, IV, and positioning context.

Control Row

Next expiry (DTE 8)

Blank greek cells usually mean usable implied volatility was unavailable for that contract in the market-close snapshot.

Open Interest by Strike

IV Skew

Volume by Strike

Calls

Strike	Last	Bid	Ask	Chg	Vol	OI	IV	Delta	Gamma	Theta	Vega	Rho
38.00	13.29	11.60	13.20	8.16	2	2	114.1%	0.968	0.0090	-0.045	0.005	0.007
40.00	8.60	9.45	10.55	0.00	21	23	113.3%	0.938	0.0155	-0.073	0.009	0.007
41.00	4.05	8.50	10.80	0.00	1	16	112.1%	0.918	0.0194	-0.089	0.011	0.007
42.00	8.28	7.60	8.95	6.04	2	4	57.8%	0.989	0.0072	-0.013	0.002	0.008
43.00	5.98	6.20	8.40	0.00	1	7	57.0%	0.978	0.0130	-0.020	0.004	0.008
44.00	7.71	5.50	6.85	0.00	1	12	94.3%	0.862	0.0336	-0.108	0.015	0.007
45.00	5.93	4.60	5.60	-1.14	1	115	69.2%	0.886	0.0399	-0.071	0.013	0.007
46.00	5.08	3.85	5.25	-0.91	11	78	56.4%	0.881	0.0506	-0.060	0.014	0.008
46.50	3.77	3.60	4.15	1.01	9	35	57.2%	0.848	0.0590	-0.071	0.016	0.007
47.00	3.96	3.05	3.80	-1.20	13	379	59.4%	0.806	0.0665	-0.085	0.019	0.007
47.50	3.53	2.42	3.65	-1.21	2	2	68.6%	0.742	0.0677	-0.114	0.022	0.006
48.00	2.45	2.36	2.98	-1.84	13	417	55.6%	0.740	0.0838	-0.094	0.023	0.007
48.50	2.55	2.19	2.54	0.09	1	1,002	51.7%	0.706	0.0958	-0.092	0.024	0.006
49.00	1.75	2.01	2.19	-1.70	6	1,913	50.6%	0.658	0.1043	-0.096	0.026	0.006
49.50	2.86	1.66	1.91	0.00	60	61	51.1%	0.602	0.1084	-0.101	0.027	0.005
50.00	1.26	1.37	1.64	-1.21	62	761	51.1%	0.547	0.1115	-0.104	0.028	0.005
51.00	0.78	0.91	1.12	-0.55	45	181	49.0%	0.432	0.1152	-0.098	0.027	0.004
52.00	0.60	0.56	0.72	-0.24	95	2,583	47.3%	0.316	0.1082	-0.085	0.025	0.003
53.00	0.38	0.32	0.55	-0.25	286	2,278	51.0%	0.240	0.0875	-0.080	0.022	0.002
54.00	0.25	0.19	0.32	-0.36	31	2,059	49.0%	0.155	0.0699	-0.059	0.017	0.001
55.00	0.16	0.12	0.33	-0.13	271	374	51.1%	0.109	0.0527	-0.048	0.013	0.001
56.00	0.08	0.06	0.15	-0.27	23	60	52.1%	0.073	0.0383	-0.036	0.010	0.001
57.00	0.09	0.02	0.16	-0.34	55	24	52.3%	0.045	0.0262	-0.025	0.007	0.000
58.00	0.11	0.00	0.34	0.00	15	18	66.4%	0.066	0.0278	-0.043	0.009	0.001
59.00	0.05	0.00	0.29	0.04	3	10	69.7%	0.054	0.0227	-0.038	0.008	0.001
60.00	0.06	0.00	0.95	0.00	1	6	101.2%	0.117	0.0279	-0.100	0.014	0.001

Puts

Strike	Last	Bid	Ask	Chg	Vol	OI	IV	Delta	Gamma	Theta	Vega	Rho
30.00	0.95	0.00	0.02	0.00	0	2	131.3%	-0.002	0.0006	-0.004	0.000	-0.000
33.00	0.24	0.00	2.13	0.00	2	1	259.0%	-0.088	0.0089	-0.205	0.011	-0.001
34.00	0.35	0.00	2.13	0.00	0	30	245.0%	-0.093	0.0097	-0.202	0.012	-0.001
35.00	0.05	0.00	0.02	0.00	2	7	95.3%	-0.002	0.0012	-0.004	0.001	-0.000
36.00	0.16	0.00	0.10	0.00	0	18	109.4%	-0.011	0.0039	-0.016	0.002	-0.000
37.00	0.08	0.00	0.95	0.00	2	1	160.4%	-0.068	0.0117	-0.104	0.009	-0.001
38.00	0.05	0.00	0.01	0.00	1	12	68.8%	-0.001	0.0010	-0.002	0.000	-0.000
39.00	0.01	0.00	0.01	-0.02	12	107	64.1%	-0.002	0.0013	-0.002	0.000	-0.000
40.00	0.01	0.00	0.01	-0.08	134	38	59.4%	-0.002	0.0018	-0.002	0.001	-0.000
41.00	0.07	0.00	0.19	0.00	2	30	80.1%	-0.029	0.0118	-0.026	0.005	-0.000
42.00	0.04	0.00	0.34	-0.05	8	33	81.8%	-0.050	0.0181	-0.042	0.007	-0.001
42.50	0.03	0.00	0.48	-0.24	20	1	84.4%	-0.067	0.0221	-0.054	0.009	-0.001
43.00	0.04	0.00	0.05	-0.08	11	16	50.8%	-0.012	0.0087	-0.008	0.002	-0.000
43.50	0.05	0.00	0.30	-0.10	3	2	67.0%	-0.054	0.0234	-0.036	0.008	-0.001
44.00	0.36	0.00	0.39	0.00	3	14	67.0%	-0.069	0.0283	-0.044	0.009	-0.001
44.50	0.29	0.00	0.56	0.00	0	2	69.2%	-0.093	0.0345	-0.057	0.012	-0.001
45.00	0.16	0.00	0.21	0.02	16	104	50.0%	-0.050	0.0299	-0.026	0.007	-0.001
45.50	0.18	0.00	0.32	0.00	10	9	51.1%	-0.073	0.0392	-0.035	0.010	-0.001
46.00	0.26	0.18	0.46	0.06	16	105	57.7%	-0.124	0.0509	-0.058	0.014	-0.001
46.50	0.31	0.09	0.38	0.09	8	246	56.2%	-0.148	0.0590	-0.063	0.016	-0.001
47.00	0.37	0.28	0.42	0.09	15	76	53.1%	-0.169	0.0683	-0.066	0.018	-0.002
47.50	0.51	0.39	1.40	0.11	6	288	68.4%	-0.258	0.0679	-0.108	0.022	-0.003
48.00	0.70	0.51	1.03	0.21	8	119	57.1%	-0.265	0.0823	-0.091	0.023	-0.003
48.50	0.73	0.65	1.50	0.17	9	23	62.4%	-0.322	0.0826	-0.109	0.025	-0.003
49.00	0.84	0.74	1.24	0.07	70	62	52.3%	-0.346	0.1013	-0.094	0.026	-0.004
50.00	1.38	1.13	1.45	0.26	38	252	53.1%	-0.454	0.1072	-0.102	0.028	-0.005
51.00	1.99	1.67	2.01	0.87	13	45	53.8%	-0.560	0.1054	-0.102	0.027	-0.006
52.00	2.17	2.26	2.64	0.00	10	36	53.6%	-0.660	0.0983	-0.093	0.025	-0.007
53.00	3.22	2.90	3.80	0.29	1	42	53.0%	-0.751	0.0859	-0.079	0.022	-0.008
55.00	4.83	4.65	5.70	1.23	3	20	62.6%	-0.839	0.0562	-0.071	0.017	-0.009
56.00	4.45	5.05	6.70	0.00	0	5	50.0%	-0.936	0.0362	-0.025	0.009	-0.010

How to Read the Chain

Use this market-close chain snapshot to compare liquidity, pricing, IV, and per-contract greeks across the active expiration.

How to scan it

Start with strike, bid/ask spread, open interest, and volume. Then use IV and greeks to decide whether a contract fits your directional, income, or volatility idea.

What matters first

Clean fills matter before a contract looks mathematically attractive. A thin market can erase the edge you think you found.

What can mislead you

Low premium, high IV, or one convenient delta do not make a trade by themselves. Check how far the strike sits from spot, expected move, and the event calendar.

Greeks are close-of-day estimates, and blank greek cells usually mean usable implied volatility was unavailable for that contract.