LUV Delta Exposure (DEX)

Net delta exposure for Southwest Airlines Co (LUV) options was $113.23M per 1% move at the Nov 4, 2026 close. It has been positive on 10 of the last 20 trading days. That is its highest reading in 12 weeks.

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Delta Exposure by Strike

Showing results for LUV, 2026-11-06(w), calls & puts

       

Delta Exposure Stats

Showing results for LUV, 2026-11-06(w), calls & puts



Net Delta Exposure by Expiration

Showing results for LUV, 2026-11-06(w), calls & puts. View all expiries

       
Expiration Net DEX Call DEX Put DEX Call Wall Put Wall

LUV Delta Exposure FAQ

What is delta exposure (DEX)?

Delta exposure estimates the dollar value of shares option dealers hold or owe as a hedge, per 1% move in the underlying.

Is LUV delta exposure positive or negative?

Southwest Airlines net delta exposure was positive on Nov 4, 2026, at $113.23M. It has been positive on 10 of the last 20 trading days.

How has LUV delta exposure changed recently?

Southwest Airlines net delta exposure went from $38.73M on Oct 7, 2026 to $113.23M on Nov 4, 2026. See the LUV delta exposure history for a longer view.

What is Southwest Airlines Co?

Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded.

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