someone with a lot of money to spend has taken a bearish stance on southwest airlines luv and retail traders should know we noticed this today when the big position showed up on publicly available options history that we track here at benzinga whether this is an institution or just a wealthy individual we dont know but when something this big happens with luv it often means somebody knows something is about to happen so how do we know what this whale just did the overall sentiment of these bigmoney traders is split between 33 bullish and 66 bearish out of all of the special options we uncovered 2 are puts for a total amount of 107960 and 10 are calls for a total amount of 847757 taking into account the volume and open interest on these contracts it appears that whales have been targeting a price range from 225 to 500 for southwest airlines over the last 3 months looking at the volume and open interest is a powerful move while trading options this data can help you track the liquidity and interest for southwest airliness options for a given strike price below we can observe the evolution of the volume and open interest of calls and puts respectively for all of southwest airliness whale trades within a strike price range from 225 to 500 in the last 30 days southwest airlines option volume and open interest over last 30 days where is southwest airlines standing right now   with a volume of 4229117 the price of luv is up 229 at 3704   rsi indicators hint that the underlying stock may be overbought   next earnings are expected to be released in 24 days what the experts say on southwest airlines   morgan stanley has decided to maintain their overweight rating on southwest airlines which currently sits at a price target of 60   b of a securities has decided to maintain their buy rating on southwest airlines which currently sits at a price target of 45   raymond james has decided to maintain their strong buy rating on southwest airlines which currently sits at a price target of 47 options are a riskier asset compared to just trading the stock but they have higher profit potential serious options traders manage this risk by educating themselves daily scaling in and out of trades following more than one indicator and following the markets closely if you want to stay updated on the latest options trades for southwest airlines benzinga pro gives you realtime options trades alerts