Option chain for Southwest Airlines Company (LUV): calls and puts for every expiration and strike, with quotes, volume, open interest, implied volatility and greeks. As of Oct 30, 2026, LUV had 14 option expirations, from Oct 30, 2026 to Jan 19, 2029, and 7,206 contracts traded that day. The nearest expiration, Oct 30, 2026, had an at-the-money implied volatility of 32.8% (-15% on the day) and 982 contracts traded; the busiest was Nov 6, 2026, with 1,809.

For the latest figures, see LUV options overview.

Key numbers

Expirations: at-the-money implied volatility, change on the day, volume

Oct 30, 2026 (0 days): ATM IV 32.8% (-15%), volume 982
Nov 6, 2026 (7 days): ATM IV 42.8% (+7%), volume 1,809
Nov 13, 2026 (14 days): ATM IV 42.3% (+4%), volume 175
Nov 20, 2026 (21 days): ATM IV 41.6% (+3%), volume 863
Nov 27, 2026 (28 days): ATM IV 42.3% (+6%), volume 719
Dec 4, 2026 (35 days): ATM IV 41.7% (+7%), volume 347
Dec 11, 2026 (42 days): ATM IV 41.7% (+72%), volume 14
Dec 18, 2026 (49 days): ATM IV 41.1% (+5%), volume 864
Jan 15, 2027 (77 days): ATM IV 40.8% (+6%), volume 822
Mar 19, 2027 (140 days): ATM IV 41.2% (+2%), volume 160
Jun 17, 2027 (230 days): ATM IV 41.3% (+3%), volume 351
Sep 17, 2027 (322 days): ATM IV 41.7% (+0%), volume 9
Jan 21, 2028 (448 days): ATM IV 40.5% (-3%), volume 84
Jan 19, 2029 (812 days): ATM IV 41.0% (+4%), volume 7

Data as of October 30, 2026.

LUV Option Chain

Detailed and comprehensive option chain for each expiration listed for LUV. Includes volume, open interest, implied volatility, and bid/ask for each strike. Investigate further by clicking on a strike and seeing trade activity, volatility movement, and yesterday's closing values. Use the built-in options profit calculator to see the profit or loss of any LUV options strategy.

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