Best Covered Call Strategy for LUV Stock Over 14 Days — Up to 3.37% Yield
Southwest Airlines Co. · LUV · Covered Call · Updated Jul 28, 2026
Best covered call strategy for LUV stock over 14 days: sell a ~0.25–0.30 delta call in the 7–21 DTE window. Example contracts below for Southwest Airlines Co. (LUV) reach up to 3.37% annualized yield (2.81% avg on top strikes)—compare strike, premium, and IV before opening the screener.
View LUV chartBest covered call strategy for LUV stock over 14 days
Target ~0.25–0.30 delta in the 7–21 DTE window. Top contracts reach up to 3.37% annualized yield (2.81% avg). Example: $48 strike, 17 DTE, 3.08% yield at ~0.45 delta. Full comparison is in the table below.
Top Covered Calls (14–30 day)
Open full screener| Strike | Expiration | DTE | Delta | Premium | Yield | Score | Action |
|---|---|---|---|---|---|---|---|
| $47.50 | Aug 14 | 17 | 0.45 | $1.47 | 3.08% | 41 | Open |
| $47.00 | Aug 14 | 17 | 0.49 | $1.59 | 3.37% | 40 | Open |
| $48.00 | Aug 14 | 17 | 0.41 | $1.29 | 2.68% | 40 | Open |
| $47.00 | Aug 7 | 10 | 0.48 | $1.28 | 2.71% | 39 | Open |
| $47.50 | Aug 7 | 10 | 0.43 | $1.06 | 2.22% | 28 | 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): $47.50 strike expiring Aug 14, 2026, 3.08% 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 44.8% (elevated)— favorable for premium sellers.
Weekly vs monthly yield
Best ≤14 DTE yield: 2.71%. Best >14 DTE: 3.37%.
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 2.81% and peaks at 3.37%. Average implied volatility is 44.8% (peak 45.7%), 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 is the best covered call strategy for LUV stock over 14 days?
For a 14-day covered call on LUV, target ~0.25–0.30 delta strikes in the 7–21 DTE window with annualized yield up to 3.37% (2.81% avg on top contracts). Example from today’s chain: $47.00 strike, 17 DTE, 3.37% annualized yield at ~0.49 delta. Compare strike, premium, delta, and IV in the table above, then open the covered call screener for live filters.
What are the best covered calls for Southwest Airlines Co. (LUV)?
The best covered calls for Southwest Airlines Co. (LUV) reach up to 3.37% annualized yield (2.81% 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 $46.59, P/E 28.2, market cap $22.1 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 (44.8% 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 2.81%, with top contracts up to 3.37%. Yields move with strike, expiration, and IV (avg 44.8%, peak 45.7%).
Is Southwest Airlines Co. (LUV) a good stock for covered calls?
Southwest Airlines Co. (LUV) offers covered calls with yields up to 3.37%. 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 44.8% IV (peak 45.7%). Higher IV can mean richer premiums but more price swing—balance yield with delta and DTE.