Tour v509
LUV
SOUTHWEST AIRLS CO
$44.26 -1.36%
$44.34 (+0.19%)🌙
as of 08/14 06:03 PM
8/14 18:03

Option Volume

Detail
Current (08/14) 7,546
Calls: 4,855 (64%)
Puts: 2,691 (36%)
Prior (08/13) 3,963
Calls: 2,190 (55%)
Puts: 1,773 (45%)
Current vs Prior +90.41%
Calls: +121.69% (Calls)
Puts: +51.78% (Puts)
Prior 7-Day Total 55,406
Calls: 32,075 (58%)
Puts: 23,331 (42%)
Prior 7-Day Average 7,915
Calls: 4,582 (58%)
Puts: 3,333 (42%)
Current vs Prior 7-Day Avg -4.66%
Calls: +5.95%
Puts: -19.26%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/14) $1.34M
Calls: $1.04M (78%)
Puts: $301.1K (22%)
Prior (08/13) $680.4K
Calls: $467.5K (69%)
Puts: $212.9K (31%)
Current vs Prior +97.30%
Calls: +122.74%
Puts: +41.45%
Prior 7-Day Total $12.07M
Calls: $6.61M (55%)
Puts: $5.46M (45%)
Prior 7-Day Average $1.72M
Calls: $944.7K (55%)
Puts: $780.1K (45%)
Current vs Prior 7-Day Avg -22.17%
Calls: +10.22%
Puts: -61.40%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/14) 0.55
Prior (08/13) 0.81
Current vs Prior -31.54%
Prior 7-Day Average 0.80
Current vs Prior 7-Day Avg -30.69%
Sentiment BULLISH

Open Interest

Detail
Current (08/14) 240,300
Calls: 140,148 (58%)
Puts: 100,152 (42%)
Prior (08/13) 240,539
Calls: 140,217 (58%)
Puts: 100,322 (42%)
Current vs Prior -0.10%
Prior 7-Day Total 1,447,188
Calls: 868,258 (60%)
Puts: 578,930 (40%)
Prior 7-Day Average 206,741
Calls: 124,036 (60%)
Puts: 82,704 (40%)
Current vs Prior 7-Day Avg +16.23%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 1.78% | 3.95%3.95% | 8.90%
Prior 2.23% | 4.84%4.84% | 9.36%
Current vs Prior +77.41% | +26.14%-18.24% | -4.90%
Prior 7-Day Avg 3.47% | 5.62%6.02% | 10.24%
Current vs 7-Day Avg +13.98% | +8.51%-34.35% | -13.07%
Prior 7-Day Eod 2.23% | 4.84%4.84% | 9.36%
Current vs 7-Day Eod +77.41% | +26.14%-18.24% | -4.90%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 14.43% | 12.34%
Calls: 15.34% | 16.11%
Puts: 13.53% | 8.57%
Prior 14.43% | 12.34%
Calls: 15.34% | 16.11%
Puts: 13.53% | 8.57%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 14.43% | 12.34%
Calls: 15.34% | 16.11%
Puts: 13.53% | 8.57%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 78% of dollar volume in calls ($1.04M) vs puts ($301.1K). Elevated premium activity with dollar volume up 97% vs prior. Above-average activity with volume up 90% vs prior. Bullish P/C ratio of 0.55.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 5 of results (avg 7.9%, best 5.7%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$52.50Sep 180.130.14$0.147.1%760.072.5K
$38.00Aug 146.056.55$6.307.9%40.814
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Sep 185.956.30$6.135.7%40.863.6K
$52.00Aug 147.257.95$7.609.2%231.00--
$45.00Sep 182.272.50$2.389.7%690.553.8K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.14, cheapest $0.14)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$52.50Sep 180.130.14$0.147.1%760.072.5K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 77 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$36.00Aug 146.859.45$8.1531.9%120.9910
$38.00Aug 215.358.00$6.6839.7%10.981
$40.00Aug 214.104.60$4.3511.5%20.9894
$37.00Aug 146.807.55$7.1810.4%950.9725
$41.00Aug 212.373.60$2.9941.1%10.953
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$44.50Aug 140.160.38$0.2781.5%841.00126
$46.00Aug 141.502.03$1.7729.9%211.0087
$48.00Aug 143.354.05$3.7018.9%11.009
$52.00Aug 147.257.95$7.609.2%231.00--
$47.50Aug 212.803.80$3.3030.3%201.00362

Most actively traded options today. High liquidity = easy entry/exit. 150 active (total vol 6.6K, top 1.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$47.50Sep 180.700.92$0.8127.2%1.2K0.274.4K
$45.00Sep 181.451.67$1.5614.1%1.1K0.455.3K
$48.00Aug 210.010.11$0.06166.7%6280.061.7K
$45.00Aug 210.360.83$0.6078.3%1110.40482
$37.00Aug 146.807.55$7.1810.4%950.9725
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$42.50Sep 181.181.42$1.3018.5%3170.363.5K
$45.00Aug 140.660.95$0.8135.8%2840.94954
$45.00Aug 211.141.28$1.2111.6%2540.611.0K
$41.00Aug 210.020.07$0.05100.0%2020.05788
$44.00Aug 210.430.70$0.5648.2%1650.41342

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 14 strikes (avg 3575.3%, max 7348.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$53.00Aug 14Sep 252744.1%36.8%7348.6%130
$37.50Aug 14Sep 182806.6%39.7%6962.5%83311
$48.50Aug 14Aug 281714.2%40.2%4168.3%9117
$42.50Aug 14Sep 181389.8%36.9%3669.1%43.6K
$45.50Aug 14Aug 281290.8%36.0%3489.8%1279
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$41.00Aug 14Sep 251829.9%36.5%4916.8%170
$41.50Aug 14Aug 281686.1%37.5%4401.6%356
$42.00Aug 14Sep 251539.7%39.2%3831.9%10192
$42.50Aug 14Sep 181389.8%36.9%3669.1%3194.4K
$45.50Aug 14Aug 281290.8%36.0%3489.8%6109

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 71 found (best R:R 2.12, avg 2.30)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$41.00$42.50Aug 21$0.48$1.02$0.4896%2.12$41.48
$37.50$38.00Aug 21$0.20$0.30$0.2089%1.50$37.70
$43.50$44.00Aug 14$0.24$0.26$0.2471%1.08$43.74
$44.00$45.00Aug 28$0.34$0.66$0.3455%1.94$44.34
$40.00$40.50Aug 14$0.32$0.18$0.3293%0.56$40.32
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$48.00$47.00Aug 28$0.45$0.55$0.4582%1.22$47.55
$47.00$46.00Sep 4$0.37$0.63$0.3779%1.70$46.63
$48.00$47.50Aug 21$0.23$0.27$0.23100%1.17$47.77
$49.00$48.50Aug 21$0.32$0.18$0.32100%0.56$48.68
$46.00$45.50Aug 28$0.21$0.29$0.2170%1.38$45.79

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 45 found (best R:R 0.49, avg 0.51)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$51.00$52.00Aug 28$0.33$0.33$0.6786%0.49$51.33
$52.00$52.50Aug 21$0.23$0.23$0.2787%0.85$52.23
$47.00$48.00Sep 11$0.35$0.35$0.6574%0.54$47.35
$47.50$48.00Aug 14$0.17$0.17$0.3387%0.52$47.67
$47.00$48.00Sep 25$0.45$0.45$0.5564%0.82$47.45
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$42.50$40.00Sep 18$0.77$0.77$1.7364%0.45$41.73
$42.00$41.00Sep 25$0.45$0.45$0.5569%0.82$41.55
$43.50$43.00Aug 21$0.24$0.24$0.2665%0.92$43.26
$43.50$43.00Aug 14$0.17$0.17$0.3371%0.52$43.33
$40.00$37.50Sep 18$0.31$0.31$2.1982%0.14$39.69

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.60, cheapest $0.82)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$42.50Aug 14Aug 21$0.821389.8%36.6%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$45.50Aug 14Aug 21$0.381290.8%29.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 50 found (cheapest 0.63% of stock, avg 6.63%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$44.50Aug 14$0.01$0.27$0.28$44.22$44.780.63%
$44.00Aug 14$0.52$0.01$0.53$43.47$44.531.20%
$45.00Aug 14$0.02$0.81$0.83$44.17$45.831.88%
$43.50Aug 14$0.76$0.28$1.04$42.46$44.542.35%
$43.00Aug 14$1.23$0.11$1.34$41.66$44.343.03%
$44.00Aug 21$0.93$0.56$1.49$42.51$45.493.37%
$44.50Aug 21$0.77$0.82$1.59$42.91$46.093.59%
$46.00Aug 14$0.01$1.77$1.78$44.22$47.784.02%
$43.50Aug 21$1.21$0.59$1.80$41.70$45.304.07%
$45.00Aug 21$0.60$1.21$1.81$43.19$46.814.09%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 157 found (cheapest 0.66% of stock, avg 3.12%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$46.50$42.00Aug 21$0.15$0.14$0.29$41.71$46.79
$52.50$37.50Sep 18$0.14$0.22$0.36$37.14$52.86
$46.00$42.00Aug 21$0.22$0.14$0.36$41.64$46.36
$46.50$42.50Aug 21$0.15$0.23$0.38$42.12$46.88
$47.00$43.50Aug 14$0.08$0.28$0.36$43.14$47.36
$46.00$42.50Aug 21$0.22$0.23$0.45$42.05$46.45
$49.00$39.00Sep 11$0.27$0.23$0.50$38.50$49.50
$47.50$43.50Aug 14$0.18$0.28$0.46$43.04$47.96
$45.50$42.00Aug 21$0.32$0.14$0.46$41.54$45.96
$46.50$43.00Aug 21$0.15$0.35$0.50$42.50$47.00

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 30 found (best R:R 2.33, avg credit $0.47)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
42/4352/52Aug 21$0.35$0.1561%2.33$42.65$52.35
43/4448/48Aug 14$0.34$0.1657%2.13$43.16$47.84
42/4246/47Aug 28$0.36$0.1446%2.57$42.14$46.86
42/4248/48Aug 28$0.32$0.1854%1.78$42.18$48.32
42/4251/52Aug 28$0.51$0.4958%1.04$41.99$51.51
39/4047/48Sep 11$0.50$0.5058%1.00$39.50$47.50
40/4152/53Sep 4$0.38$0.6268%0.61$40.62$52.38
41/4247/48Sep 11$0.62$0.3844%1.63$41.38$47.62
42/4346/47Aug 28$0.34$0.1641%2.13$42.66$46.84
42/4348/48Aug 28$0.30$0.2048%1.50$42.70$48.30

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 58 found (best R:R 15.67, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$45.00$47.50$50.00Sep 18$0.26$2.2431%8.62
$37.50$40.00$42.50Sep 18$0.37$2.1328%5.76
$47.50$50.00$52.50Sep 18$0.31$2.1921%7.06
$48.00$48.50$49.00Aug 28$0.06$0.449%7.33
$42.50$45.00$47.50Sep 18$0.62$1.8837%3.03
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$45.00$47.50$50.00Sep 18$0.15$2.3531%15.67
$40.00$42.50$45.00Sep 18$0.31$2.1937%7.06
$47.50$50.00$52.50Sep 18$0.07$2.4321%34.71
$44.00$44.50$45.00Aug 14$0.28$0.2288%0.79
$43.00$44.00$45.00Sep 4$0.10$0.9020%9.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 89 found (best net $-0.19, 74 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$42.50$45.001:2Sep 18-$0.19$2.31
$40.00$42.501:2Sep 18-$0.89$1.61
$45.00$47.501:2Sep 18-$0.06$2.44
$42.50$44.001:2Aug 28-$0.38$1.12
$48.00$50.001:2Sep 25-$0.22$1.78
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$47.50$45.001:2Sep 18-$0.58$1.92
$45.00$42.501:2Sep 18-$0.22$2.28
$41.00$40.001:2Sep 4-$0.08$0.92
$40.00$39.001:2Sep 11-$0.08$0.92
$43.50$43.001:2Aug 21-$0.11$0.39

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 30 found (best yield 3.28%, avg 0.93%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$45.00Sep 18$1.450.451.7%3.28%4.95%1.1K5.3K
$48.00Sep 25$0.710.288.4%1.60%10.05%413
$47.00Sep 25$0.760.366.2%1.72%7.91%--13
$47.50Sep 18$0.700.277.3%1.58%8.90%1.2K4.4K
$45.00Sep 11$1.130.421.7%2.55%4.23%--228
$46.00Sep 11$0.780.343.9%1.76%5.69%--30
$45.00Sep 4$0.980.431.7%2.21%3.89%3911
$50.00Sep 25$0.150.1913.0%0.34%13.31%221
$47.00Sep 11$0.430.266.2%0.97%7.16%17
$50.00Sep 18$0.290.1413.0%0.66%13.62%8314.8K

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 4,855
Total Puts 2,691
Put/Call Ratio 0.55
Net Difference 2,164

Prior's Put/Call Breakdown

Total Calls 2,190
Total Puts 1,773
Put/Call Ratio 0.81
Net Difference 417

Prior 7-Day Put/Call Summary

Total Calls 32,075
Total Puts 23,331
Average Put/Call Ratio 0.80
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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