LUV · Iron Condor Setups

Southwest Airlines Co.

Iron condor opportunities for LUV based on the same scoring engine used in the Iron Condor Screener: breach rate, average straddle, IV rank, IV premium, and beta-adjusted scoring. Updated every 5 minutes during market hours.

LUV IV rank history

30 sessions

IV rank = where today's implied volatility sits in its range over the past 90 sessions (0–100).

Current Iron Condor Setup for LUV
Score
3.47
Breach Rate
38.1%
218 of 572 observations
Avg Straddle
$3.42
9.2% of price
IV Rank
35%
IV Premium
0.92x
IV ÷ Realized Vol
Beta vs SPY
1.57
P/C Vol
0.65
Current Price
$42.03
Score formula: (1 − breach_rate) × avg_straddle × IV_premium_factor × beta_penalty. Higher is better. LUV is ranked against all other tracked symbols by score; see the full Iron Condor Screener for the leaderboard.
LUV IV Rank — Last 30 Days
DateIV Rank
2026102235%
2026102156%
2026102050%
2026101954%
2026101656%
2026101549%
2026101477%
2026101350%
2026101253%
2026100947%
2026100874%
2026100769%
2026100660%
2026100561%
2026100266%
2026100164%
2026093061%
2026092962%
2026092871%
2026092563%
2026092471%
2026092366%
2026092266%
2026092160%
2026091834%
2026091729%
2026091632%
2026091527%
2026091428%
2026091117%

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.