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SOUTHWEST AIRLINES CO (LUV) Options Risk Score

Real-time risk analysis for LUV options traders — updated every 30 minutes.

83
HIGH Risk
39.5
IV Rank
48.4%
IV %
2026-10-21
Next Earnings
Air Transportation, Scheduled
Sector

Data last updated: 2026-10-21

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Is it risky to sell options on SOUTHWEST AIRLINES CO (LUV) right now?

Over a 4-week expiry window, SOUTHWEST AIRLINES CO (LUV) scores 83 out of 100 for options catalyst risk (HIGH). What pushes it there: 8 recent news items, 10 active legal filings and 1 recent SEC event, all landing inside the 4-week window. On TickerRisk's scale 70 and above is HIGH, so a known event is scheduled inside this window — selling premium on LUV here is a bet on that event rather than on time decay. The score measures scheduled event exposure, not which way the stock will move.

LUV shows an IV Rank of 40, near the low end of its one-year range — options are relatively cheap, which favours option buyers over sellers, with a current implied volatility of about 48%. IV Rank answers how LUV options are priced against their own history, which is the starting point for choosing between selling and buying premium.

LUV does not report again until 2026-10-21, so near-dated expiries avoid it.

SOUTHWEST AIRLINES CO (LUV) current implied volatility and IV Rank

The most recent read on SOUTHWEST AIRLINES CO (LUV) puts its IV Rank at 40 with implied volatility around 48%, alongside a TickerRisk options-risk score of 83/100. Options on LUV are inexpensive by its own recent history. Long premium and debit structures get more for their money at this level, while sellers are being paid little to carry the risk.

IV Rank is an index, not a percentage — it says where LUV's implied volatility sits inside its own 1-year range. How to read IV Rank →

SOUTHWEST AIRLINES CO (LUV) next earnings date — 2026-10-21

The next report for LUV is 2026-10-21 — about 0 days away, which sits beyond the nearest expiry. Nothing scheduled is threatening a near-dated position today, though premium on longer expiries will start to reflect the date as it approaches. LUV's IV Rank is currently 40.

TickerRisk provides risk scoring for informational purposes only. This is not financial advice. Options trading involves substantial risk of loss. Full disclaimer