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
2026-03-27	7025	4878	11903	0.694
2026-04-02	5327	3097	8424	0.581
2026-04-10	5216	7392	12608	1.417
2026-04-17	48795	28014	76809	0.574
2026-04-24	517	1063	1580	2.056
2026-05-01	993	231	1224	0.233
2026-05-15	967	992	1959	1.026
2026-06-18	103723	40735	144458	0.393
2026-09-18	29284	24320	53604	0.830
2026-12-18	2842	3193	6035	1.124
2027-01-15	17935	14463	32398	0.806
2027-03-19	1441	785	2226	0.545
2028-01-21	9239	8847	18086	0.958
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.