LUV Options Chain by Expiration – Open Interest & Put/Call Ratio

Explore the LUV options chain aggregated by expiration date, with call and put open interest, total OI and put/call ratios. Use this overview to spot where options positioning is most concentrated and which expirations carry bullish, bearish or neutral sentiment for LUV.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from LUV Options by Expiration Date

The table below aggregates LUV options data by expiration date, including call volume, put volume, total open interest and the put/call ratio. Each row is assigned a sentiment label and numerical sentiment score, highlighting expirations where positioning is extremely bullish, defensive or balanced. Click on an expiration date to drill down into the detailed options chain for that maturity.

Expiration Date	Call OI	Put OI	Total Open Interest	Put/Call Ratio
2026-10-16	19610	12979	32589	0.662
2026-10-23	5207	2384	7591	0.458
2026-10-30	478	716	1194	1.498
2026-11-06	637	272	909	0.427
2026-11-13	127	130	257	1.024
2026-11-20	7779	8672	16451	1.115
2026-11-27	0	5	5	5.000
2026-12-18	14454	9361	23815	0.648
2027-01-15	39063	20645	59708	0.529
2027-03-19	8134	16202	24336	1.992
2027-06-17	1434	6169	7603	4.302
2027-09-17	858	3853	4711	4.491
2028-01-21	13240	13942	27182	1.053
2029-01-19	239	37	276	0.155
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for LUV based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Compares put and call activity. A higher PCR usually indicates more defensive or bearish positioning, while a lower PCR suggests bullish call demand. Open Interest (OI): Represents the number of outstanding option contracts. Higher open interest reflects strong market attention, hedging activity or speculative positioning around LUV. Unusual activity ⚠️: Expirations with extreme PCR or unusually high OI are flagged with a warning icon, signaling concentrated bets, hedging pressure or potential event-driven risk. The sentiment score combines PCR and OI into a 0–100 scale, then classifies each expiration into intuitive labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Higher scores reflect more aggressive bullish positioning in LUV options, while lower scores highlight more defensive or bearish structures.