pinning
LUV · 2026-06-12 · 16:02 ET (after hours)

$LUV

SOUTHWEST AIRLINES CO

$45.47 ▲ +1.17   (+2.65%)

Free ward

Set a ward on $LUV

We DM you the instant the $50 call wall or the $43 put wall breaks. No noise, just the break.

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Wall-break alerts arrive as a Discord DM.

Free ward

Set a ward on $LUV

We DM you the instant the $50 call wall or the $43 put wall breaks.

Warded

$LUV is warded

We'll DM you the moment the $50 call wall breaks. Rest easy.

The Read

$LUV is in long gamma at heat 39, which keeps moves tamped down as dealers pin prices. The $45 call wall and the $40 put wall are fresh today, marking levels where dealer interest could keep a lid on any upside or downside pressure. Spot stands 3.9% above the $39.47 gamma flip, suggesting that further gains would run into resistance.

IV percentile · 1y 69 · premium elevated

Snapshot $45.47 · · 2026-06-12 · 16:02 ET (after hours)

The Levels

Put Wall $43 active wall
Gamma Flip $40 +12.7% above flip
Call Wall $50 active wall
spot $45.47

Regime pinning moves get faded back to the walls.


Scored Levels


Where the market is positioned


Implied vs Measured


Plays at the Walls

Covered Call

$49 · Jul 10 · 30Δ

$1.04 premium  ·  31%/yr annualized

Cash-Secured Put

$42.5 · Jul 17 · 29Δ

$1.26 premium  ·  32%/yr annualized

Not investment advice · Informational only




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