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
2026-02-06	16775	7467	24242	0.445
2026-02-13	1964	1471	3435	0.749
2026-02-20	61088	45918	107006	0.752
2026-02-27	1419	762	2181	0.537
2026-03-06	832	638	1470	0.767
2026-03-13	131	267	398	2.038
2026-03-20	40347	32653	73000	0.809
2026-03-27	21	3	24	0.143
2026-06-18	39549	22416	61965	0.567
2026-09-18	17652	17640	35292	0.999
2026-12-18	1604	2027	3631	1.264
2027-01-15	11498	13969	25467	1.215
2028-01-21	7256	6526	13782	0.899
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.