LUV Southwest Airlines Co

$LUV Southwest reports Q3 Wednesday after the close. Zacks consensus is 61 cents EPS on 8.26 billion dollars of revenue, up 18.8% YoY. Capacity is guided flat to down 1% though, so basically all of that growth is unit revenue. Bag fees, assigned seating, extra legroom, with RASM guided up 17.5% to 19.5%. The EPS estimate has been cut 11.6% over the last 60 days too. The bar going in is lower than it was in August.

https://www.cnbc.com/2026/10/14/thursdays-big-stock-stories-whats-likely-to-move-the-market.html?__source=iosappshare%7Ccom.stocktwits.StockTwits.STShareExtension $LUV Southwest Airlines holds media day The airline is expected to talk about opening airport lounges. Southwest Airlines’ stock is down 17% in three months. Shares are down 28% from the February high.

🔴 $LUV 40P Nov 20 💰 $69,100 premium 💵 $1.8/contract 📊 8.3x Vol/OI 📍 Spot $41.19 🚨 Repeat sweep 🌊 Dark Flow | Options Flow

$LUV | BULLISH SETUP 🐂 🏢 Company Profile: Premier US passenger airline operating domestic point-to-point networks ($7.35B Q2 revenue, +4.5% YoY, $367M net income). Operational transformation underway with assigned seating & premium cabin upgrades. 📉 Technical Setup: Building higher lows on the 8H chart right off ascending trendline support near $40.50–$41.50! Consolidating directly inside the high-volume profile node at $42.27 spot. ⚡ 🔎 Options Flow: Aggressive call sweepers hitting the ask! • Oct 23 $45C (6.1% OTM) ($182.9K sweep) 💸 • Oct 9 $43C (1.7% OTM) ($28.9K sweep) 🚀 • Jan 2027 $47.5C (12.0% OTM) LEAPS ($35.1K sweep) 🐋 🎯 Key Levels to Watch: • Bulls Want: Hold $41.50 & claim $43.50 ➡️ Targets: $46.00 / $51.00+ 🚀 • Bears Want: Breakdown below $39.50 to invalidate the higher-low structure. 🛑 • Wall St Target: $45.00–$48.50 consensus target (~15–20%+ upside). #LUV #options #trading #hovdid