Tour v526
LUV
SOUTHWEST AIRLS CO
$39.64 -0.30%
$40.00 (+0.91%)🌙
as of 08/28 06:02 PM
(8/27 18:03) ◀
|
Friday, August 28, 2026 (6:02pm)
January 2026
|
▶ (8/31 18:03)
◀ 8/28 18:02 ▶

Option Volume

Detail
ℹ
Current (08/28) 9,889
Calls: 5,906 (60%)
Puts: 3,983 (40%)
Prior (08/27) 11,091
Calls: 4,098 (37%)
Puts: 6,993 (63%)
Current vs Prior -10.84%
Calls: +44.12% (Calls)
Puts: -43.04% (Puts)
Prior 7-Day Total 101,879
Calls: 54,541 (54%)
Puts: 47,338 (46%)
Prior 7-Day Average 14,554
Calls: 7,791 (54%)
Puts: 6,762 (46%)
Current vs Prior 7-Day Avg -32.05%
Calls: -24.20%
Puts: -41.10%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (08/28) $1.14M
Calls: $702.5K (61%)
Puts: $441.6K (39%)
Prior (08/27) $2.89M
Calls: $601.6K (21%)
Puts: $2.29M (79%)
Current vs Prior -60.44%
Calls: +16.79%
Puts: -80.72%
Prior 7-Day Total $26.43M
Calls: $6.46M (24%)
Puts: $19.97M (76%)
Prior 7-Day Average $3.78M
Calls: $922.9K (24%)
Puts: $2.85M (76%)
Current vs Prior 7-Day Avg -69.70%
Calls: -23.87%
Puts: -84.52%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (08/28) 0.67
Prior (08/27) 1.71
Current vs Prior -60.48%
Prior 7-Day Average 0.84
Current vs Prior 7-Day Avg -20.12%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (08/28) 242,522
Calls: 140,264 (58%)
Puts: 102,258 (42%)
Prior (08/27) 239,584
Calls: 138,457 (58%)
Puts: 101,127 (42%)
Current vs Prior +1.23%
Prior 7-Day Total 1,669,939
Calls: 966,071 (58%)
Puts: 703,868 (42%)
Prior 7-Day Average 238,562
Calls: 138,010 (58%)
Puts: 100,552 (42%)
Current vs Prior 7-Day Avg +1.66%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 1.24% | 4.84%7.92% | 11.10%
Prior 3.32% | 5.03%7.90% | 11.37%
Current vs Prior +45.89% | +11.34%+0.30% | -2.36%
Prior 7-Day Avg 3.68% | 5.53%5.36% | 9.84%
Current vs 7-Day Avg +31.55% | +1.26%+47.65% | +12.82%
Prior 7-Day Eod 3.32% | 5.03%7.90% | 11.37%
Current vs 7-Day Eod +45.89% | +11.34%+0.30% | -2.36%
Sentiment BEARISHBEARISH

Relative Spread

Detail
ℹ
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
+
Add Card

🤖 AI Insights

Moderately bullish flow with 61% call dollar volume ($702.5K). Light premium activity with dollar volume down 60% vs prior. Bullish P/C ratio of 0.67. P/C ratio dropping 60% - sentiment shifting bullish.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BEARISH
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
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 3 of results (avg 6.5%, best 2.7%)

CALLS (0)
No calls meet the criteria
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Sep 185.505.65$5.582.7%680.922.3K
$42.50Sep 183.153.40$3.287.6%120.773.7K
$45.00Sep 45.155.65$5.409.3%30.9732

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 74 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$38.00Aug 281.422.02$1.7234.9%20.987
$36.00Aug 282.254.10$3.1858.2%440.9766
$39.00Aug 280.460.83$0.6556.9%130.9755
$35.00Sep 184.705.25$4.9711.1%--0.93574
$32.50Sep 185.209.40$7.3057.5%--0.92236
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$40.50Aug 280.690.89$0.7925.3%151.0048
$42.00Aug 281.792.61$2.2037.3%81.0021
$46.00Aug 284.706.40$5.5530.6%11.001
$46.50Aug 286.007.10$6.5516.8%21.00--
$47.00Aug 286.157.60$6.8821.1%21.002

Most actively traded options today. High liquidity = easy entry/exit. 131 active (total vol 6.4K, top 940)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$45.00Sep 180.100.15$0.1338.5%4110.086.1K
$41.00Aug 280.000.38$0.19200.0%2830.21542
$40.00Aug 280.000.10$0.05200.0%2320.22356
$42.50Sep 40.060.12$0.0966.7%2280.10327
$40.00Sep 40.400.68$0.5451.9%1830.4568
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$40.00Aug 280.200.45$0.3375.8%9400.85496
$35.00Sep 180.060.20$0.13107.7%7230.083.0K
$41.00Aug 280.941.62$1.2853.1%2790.80336
$41.00Sep 41.372.08$1.7341.0%2600.80166
$39.00Aug 280.000.01$0.01100.0%1930.03164

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 15 strikes (avg 3228.7%, max 7188.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$45.50Aug 28Sep 182464.5%33.8%7188.5%7047
$35.00Aug 28Sep 182504.4%38.1%6466.9%5583
$43.50Aug 28Sep 182017.6%31.7%6267.4%252
$43.00Aug 28Oct 21895.7%41.0%4524.3%13309
$37.50Aug 28Sep 181696.3%38.0%4367.0%6312
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$37.50Aug 28Sep 181696.3%38.0%4367.0%43.3K
$44.50Aug 28Sep 42248.3%64.2%3403.0%2795
$41.50Aug 28Sep 18989.2%37.6%2532.6%7260
$41.00Aug 28Sep 25528.6%34.7%1421.6%295364
$39.50Aug 28Sep 1175.6%31.8%137.7%47115

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 65 found (best R:R 1.22, avg 2.03)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$39.00$40.00Oct 2$0.23$0.77$0.2360%3.35$39.23
$32.00$33.00Aug 28$0.55$0.45$0.5583%0.82$32.55
$40.00$45.00Oct 9$1.17$3.83$1.1750%3.27$41.17
$40.00$43.00Oct 2$1.05$1.95$1.0552%1.86$41.05
$39.50$40.00Aug 28$0.11$0.39$0.1181%3.55$39.61
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$43.50$42.50Aug 28$0.45$0.55$0.4570%1.22$43.05
$44.00$43.00Sep 25$0.45$0.55$0.4583%1.22$43.55
$43.50$42.50Sep 18$0.50$0.50$0.5088%1.00$43.00
$45.00$44.00Sep 11$0.63$0.37$0.6395%0.59$44.37
$42.00$41.00Sep 25$0.35$0.65$0.3570%1.86$41.65

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 40 found (best R:R 3.55, avg 0.62)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$46.50$47.00Sep 4$0.39$0.39$0.1182%3.55$46.89
$43.00$44.00Oct 2$0.41$0.41$0.5970%0.69$43.41
$40.00$41.00Sep 25$0.59$0.59$0.4150%1.44$40.59
$41.50$42.00Sep 18$0.25$0.25$0.2567%1.00$41.75
$44.50$45.00Sep 4$0.13$0.13$0.3789%0.35$44.63
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$35.00$34.00Oct 2$0.39$0.39$0.6183%0.64$34.61
$36.00$35.50Sep 4$0.23$0.23$0.2787%0.85$35.77
$37.00$36.00Sep 25$0.35$0.35$0.6576%0.54$36.65
$39.00$38.50Sep 11$0.34$0.34$0.1660%2.12$38.66
$38.00$37.00Oct 2$0.41$0.41$0.5968%0.69$37.59

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 1 found (avg debit $0.52, cheapest $0.52)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$37.50Aug 28Sep 18$0.521696.3%38.0%
PUTS (0)
No puts found

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 43 found (cheapest 0.48% of stock, avg 6.89%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$39.50Aug 28$0.16$0.03$0.19$39.31$39.690.48%
$40.00Aug 28$0.05$0.33$0.38$39.62$40.380.96%
$39.00Aug 28$0.65$0.01$0.66$38.34$39.661.66%
$40.50Aug 28$0.03$0.79$0.82$39.68$41.322.07%
$39.00Sep 4$0.99$0.45$1.44$37.56$40.443.63%
$41.00Aug 28$0.19$1.28$1.47$39.53$42.473.71%
$40.00Sep 4$0.54$0.98$1.52$38.48$41.523.83%
$39.50Sep 4$0.94$0.68$1.62$37.88$41.124.09%
$40.50Sep 4$0.36$1.34$1.70$38.80$42.204.29%
$38.00Aug 28$1.72$0.01$1.73$36.27$39.734.36%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 147 found (cheapest 0.91% of stock, avg 3.54%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$41.00$37.50Sep 4$0.20$0.16$0.36$37.14$41.36
$41.50$37.50Sep 4$0.24$0.16$0.40$37.10$41.90
$41.00$38.50Sep 4$0.20$0.29$0.49$38.01$41.49
$41.50$38.50Sep 4$0.24$0.29$0.53$37.97$42.03
$41.00$38.00Sep 4$0.20$0.35$0.55$37.45$41.55
$42.50$37.50Sep 11$0.22$0.34$0.56$36.94$43.06
$41.50$39.50Aug 28$0.52$0.03$0.55$38.95$42.05
$41.50$38.00Sep 4$0.24$0.35$0.59$37.41$42.09
$42.00$37.50Sep 11$0.26$0.34$0.60$36.90$42.60
$40.50$37.50Sep 4$0.36$0.16$0.52$36.98$41.02

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 39 found (best R:R 4.00, avg credit $0.37)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
34/3543/44Oct 2$0.80$0.2053%4.00$34.20$43.80
36/3644/45Sep 4$0.36$0.1476%2.57$35.64$44.86
37/3843/44Oct 2$0.82$0.1838%4.56$37.18$43.82
36/3642/42Sep 4$0.35$0.1566%2.33$35.65$41.85
36/3640/41Sep 4$0.39$0.1154%3.55$35.61$40.89
36/3743/44Oct 2$0.69$0.3147%2.23$36.31$43.69
38/3844/45Sep 4$0.32$0.1866%1.78$37.68$44.82
36/3746/47Sep 25$0.55$0.4559%1.22$36.45$46.55
36/3742/43Sep 25$0.68$0.3245%2.12$36.32$42.68
36/3744/45Sep 4$0.25$0.2576%1.00$36.75$44.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 49 found (best R:R 4.56, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$39.50$40.00$40.50Aug 28$0.09$0.4172%4.56
$35.00$37.50$40.00Sep 18$0.56$1.9444%3.46
$32.50$35.00$37.50Sep 18$0.19$2.3117%12.16
$40.50$41.00$41.50Sep 18$0.08$0.4210%5.25
$39.00$39.50$40.00Aug 28$0.38$0.1275%0.32
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$39.50$40.00$40.50Aug 28$0.16$0.3480%2.12
$39.00$40.00$41.00Sep 25$0.07$0.9321%13.29
$39.00$39.50$40.00Aug 28$0.28$0.2282%0.79
$39.50$40.00$40.50Sep 4$0.06$0.4423%7.33
$39.00$39.50$40.00Sep 4$0.07$0.4322%6.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 79 found (best net $-0.18, 64 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$35.00$37.501:2Sep 18-$0.69$1.81
$37.00$39.001:2Oct 2-$0.70$1.30
$41.00$42.001:2Sep 11-$0.05$0.95
$42.00$43.001:2Sep 25-$0.07$0.93
$43.00$44.001:2Oct 2-$0.07$0.93
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$43.00$40.001:2Oct 2-$0.18$2.82
$41.00$40.001:2Sep 11-$0.40$0.60
$41.00$40.501:2Aug 28-$0.30$0.20
$39.00$38.501:2Sep 11-$0.05$0.45
$37.00$36.001:2Oct 2-$0.08$0.92

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 31 found (best yield 3.86%, avg 1.15%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$40.00Oct 9$1.530.500.9%3.86%4.77%4--
$40.00Sep 25$1.360.500.9%3.43%4.34%--56
$40.00Oct 2$1.340.520.9%3.38%4.29%--43
$45.00Oct 9$0.320.2113.5%0.81%14.33%1--
$43.00Oct 2$0.410.308.5%1.03%9.51%--22
$40.00Sep 18$1.140.480.9%2.88%3.78%1362.6K
$41.00Sep 25$0.770.393.4%1.94%5.37%1233
$41.00Sep 18$0.770.383.4%1.94%5.37%35287
$44.00Oct 2$0.400.2011.0%1.01%12.01%813
$42.00Sep 25$0.520.316.0%1.31%7.27%2213

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 5,906
Total Puts 3,983
Put/Call Ratio 0.67
Net Difference 1,923

Prior's Put/Call Breakdown

Total Calls 4,098
Total Puts 6,993
Put/Call Ratio 1.71
Net Difference -2,895

Prior 7-Day Put/Call Summary

Total Calls 54,541
Total Puts 47,338
Average Put/Call Ratio 0.84
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All