Bearish flow noted in Southwest (LUV) with 9,683 puts trading, or 1.7x expected. Most active are Jul-25 30 puts and Sep-25 30 puts, with total volume in those strikes near 7,000 contracts. The Put/Call Ratio is 3.59, while ATM IV is up over 1 point on the day. Earnings are expected on July 24th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LUV:
- Airline stocks fall after Israel attack on Iran closes airspaces
- Airline Stocks Feel the Pressure as Airfares Fall 7% in May
- Southwest opens expanded cargo facility at Denver International Airport
- How the Smart Money Flies With Southwest Airlines (LUV) Stock Options
- Southwest in talks for interline partnership with China Airlines
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue