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LUV Southwest Airlines

LUV IV Rank — are Southwest Airlines's options cheap or expensive right now?

IV Rank
25
Elevated — lean toward selling
0 · cheap50100 · expensive
Current IV
41%
IV Percentile
36%
52-wk IV high
87%
52-wk IV low
25%
Where current IV sits in its 52-week range
25%87%

Southwest Airlines's options are currently moderately priced. With an IV Rank of 25, implied volatility sits in the middle of its 1-year range and richer than roughly 36% of the past year. Historically at this level, premium-selling strategies tend to be favored, since elevated IV tends to revert toward its mean.

Suggested play
Cash-secured put / covered call
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Unusual flow + macro + IV alerts
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Other consumer names
AMZN 37TSLA 20RIVN 5LCID 21ABNB 19DASH 42

Frequently asked

What does an IV Rank of 25 mean for LUV?
It means Southwest Airlines's implied volatility is currently in the middle of its past-year range, so its options are moderately priced.
Should I buy or sell LUV options at this IV Rank?
Higher IV Rank generally favors selling premium (spreads, strangles, condors), since elevated volatility tends to revert toward its mean.

IV Rank data is 15-minute delayed. Educational information, not investment advice.