Options Brief: Southwest Airlines Co.

Shares of Southwest Airlines Co. LUV are higher on the session by 1.11%, trading at $10.89. Overall call volume is now running at 6.25x the daily average, with 77% of all calls traded being purchases on the offer. 9,168 contracts have traded on the session so far. Southwest Airlines Co. is a passenger airline that provides scheduled air transportation in the United States. As of December 31, 2010, the company had 548 Boeing 737 aircraft serving 69 cities in 35 states throughout the United States.