LUV Put Write: Love Premium Before Dividend Drops

LUV trades at 47.78 after outpacing transportation peers this year. Airline shares rebound from Middle East conflict selloff. Here is the put write: SELL -1 LUV 02 Apr 26 44.0 PUT Contract @1.34 LMT

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Atlas Portfolio results referenced in this post are a model book marked as of the prior close, produced in a simulation environment using EOD market data and contract pricing. They are not your broker positions, not Option Bot, and not records of trades placed in a brokerage account or executed with real capital, and individual results would vary based on fills, commissions, slippage, and account size. Tiblio is a software platform for finding and executing options trade ideas. We are not a registered investment advisor or broker-dealer. Nothing in this post is financial advice. Options trading involves substantial risk of loss. Past or simulated performance does not guarantee future results.