Best Covered Call Strategy for Southwest Airlines Co. (LUV) Over 14 Days — Up to 3.13% Yield
Southwest Airlines Co. · LUV · Covered Call · Updated Jun 13, 2026
Best covered call strategy for Southwest Airlines Co. (LUV) over 14 days: compare example strikes in the table below—top 14-day contracts reach up to 3.13% annualized yield (1.73% avg).
View LUV chartTop Covered Calls (14–30 day)
Open full screener| Strike | Expiration | DTE | Delta | Premium | Yield | Score | Action |
|---|---|---|---|---|---|---|---|
| $46.00 | Jul 2 | 19 | 0.48 | $1.67 | 3.13% | 42 | Open |
| $46.00 | Jun 26 | 13 | 0.47 | $1.37 | 2.52% | 41 | Open |
| $47.00 | Jun 26 | 13 | 0.36 | $0.90 | 1.38% | 17 | Open |
| $47.00 | Jul 2 | 19 | 0.38 | $1.09 | 1.26% | 15 | Open |
| $52.00 | Jul 2 | 19 | 0.21 | $0.94 | 0.35% | 3 | Open |
Additional medium-term contracts (22–45 DTE)
Key Metrics
Financial Performance
Covered calls snapshot
Insights
Top pick
Best covered calls for Southwest Airlines Co. (LUV): $46.00 strike expiring Jul 2, 2026, 3.13% yield.
Short-term opportunities
Southwest Airlines Co. (LUV) has competitive covered calls expiring within ~14–21 days—use the 14-day screener filter to compare.
Implied volatility
Average IV for Southwest Airlines Co. (LUV) is 51.2% (elevated)— favorable for premium sellers.
Weekly vs monthly yield
Best ≤14 DTE yield: 2.52%. Best >14 DTE: 3.13%.
How to use this page
- Review Southwest Airlines Co. (LUV) fundamentals — Check stock price, sector, and technicals in the company snapshot, then compare top contract cards.
- Open the screener for Southwest Airlines Co. (LUV) — Open our Covered Calls screener with LUV pre-loaded and optional 14-day or 30-day DTE filters.
- Compare and execute — Refine yield, delta, and IV in the screener, then place the trade in your broker.
Analysis
Our analysis of Southwest Airlines Co. (LUV) covered calls shows average premium yield of 1.73% and peaks at 3.13%. Average implied volatility is 51.2% (peak 80.5%), indicating elevated volatility for premium sellers. Southwest Airlines Co. (LUV) operates in the Industrials sector within the Airlines industry. Use the tables below to compare strike, DTE, and delta before opening the full screener.
FAQ
What are the best covered calls for Southwest Airlines Co. (LUV)?
The best covered calls for Southwest Airlines Co. (LUV) reach up to 3.13% annualized yield (1.73% average on top strikes). This page emphasizes roughly 14–21 day expirations plus 30-day style windows. Compare strike, DTE, delta, and IV in the tables below, then open the screener for full filters.
What are Southwest Airlines Co. (LUV)'s fundamentals for covered calls?
For Southwest Airlines Co. (LUV), key fundamentals include last price $45.28, P/E 27.7, market cap $20.3 Billion, Industrials sector, WSO rating C+, analyst consensus Hold. Fundamentals help you judge assignment risk and premium richness before selling options.
How do I find covered calls for Southwest Airlines Co. (LUV)?
Use our Covered Calls screener with Southwest Airlines Co. (LUV) pre-loaded: filter by premium yield, DTE (14-day or 30-day windows), delta, and implied volatility (51.2% avg IV on this page).
What is the average premium yield for Southwest Airlines Co. (LUV) covered calls?
Average premium yield for Southwest Airlines Co. (LUV) covered calls is 1.73%, with top contracts up to 3.13%. Yields move with strike, expiration, and IV (avg 51.2%, peak 80.5%).
Is Southwest Airlines Co. (LUV) a good stock for covered calls?
Southwest Airlines Co. (LUV) offers covered calls with yields up to 3.13%. WSO rates it C+. It is in Industrials. IV is elevated—weigh premium income vs. assignment and earnings risk.
What expiration dates are available for Southwest Airlines Co. (LUV) covered calls?
Southwest Airlines Co. (LUV) has short-dated contracts (~7–21 DTE) and medium-term expirations (~22–45 DTE) on this page. Use DTE chips to jump to the screener with matching expiration filters.
How does implied volatility affect Southwest Airlines Co. (LUV) covered calls?
IV drives option premiums: Southwest Airlines Co. (LUV) averages 51.2% IV (peak 80.5%). Higher IV can mean richer premiums but more price swing—balance yield with delta and DTE.