XLE - Options Database

XLE

State StreetEngySelSectSPDRETF

$62.50 -2.24%

(9/18 18:04) ◀

Monday, September 21, 2026 (3:34pm)

▶ (9/21 18:05)

◀ 9/21 15:34 ▶

Option Volume

Detail

ℹ

Current (09/21) 214,730

Calls: 86,445 (40%)

Puts: 128,285 (60%)

Prior (09/18) 229,795

Calls: 170,573 (74%)

Puts: 59,222 (26%)

Current vs Prior -6.56%

Calls: -49.32% (Calls)

Puts: +116.62% (Puts)

Prior 7-Day Total 1,378,610

Calls: 630,842 (46%)

Puts: 747,768 (54%)

Prior 7-Day Average 196,944

Calls: 90,120 (46%)

Puts: 106,824 (54%)

Current vs Prior 7-Day Avg +9.03%

Calls: -4.08%

Puts: +20.09%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/21) $25.07M

Calls: $11.70M (47%)

Puts: $13.37M (53%)

Prior (09/18) $132.38M

Calls: $122.47M (93%)

Puts: $9.91M (7%)

Current vs Prior -81.06%

Calls: -90.45%

Puts: +34.94%

Prior 7-Day Total $259.24M

Calls: $194.36M (75%)

Puts: $64.88M (25%)

Prior 7-Day Average $37.03M

Calls: $27.77M (75%)

Puts: $9.27M (25%)

Current vs Prior 7-Day Avg -32.31%

Calls: -57.87%

Puts: +44.25%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (09/21) 1.48

Prior (09/18) 0.35

Current vs Prior +327.43%

Prior 7-Day Average 1.32

Current vs Prior 7-Day Avg +12.06%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/21) 3,655,396

Calls: 1,391,101 (38%)

Puts: 2,264,295 (62%)

Prior (09/18) 4,838,908

Calls: 1,774,915 (37%)

Puts: 3,063,993 (63%)

Current vs Prior -24.46%

Prior 7-Day Total 33,016,445

Calls: 12,217,895 (37%)

Puts: 20,798,550 (63%)

Prior 7-Day Average 4,716,635

Calls: 1,745,413 (37%)

Puts: 2,971,221 (63%)

Current vs Prior 7-Day Avg -22.50%

Sentiment BULLISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (09/21) | Next (09/23)Expiry (09/25) | Next (10/02)Expiry (09/21) | Next (10/16)

Current 1.63% | 2.80%2.69% | 3.89%1.63% | 5.73%

Prior 5.12% | 3.62%3.70% | 5.58%3.70% | 6.30%

Current vs Prior -68.10% | -22.72%-27.37% | -30.35%-55.90% | -9.04%

Prior 7-Day Avg 2.52% | 3.14%2.36% | 4.22%3.12% | 7.09%

Current vs 7-Day Avg -35.18% | -10.70%+13.88% | -7.77%-47.76% | -19.27%

Prior 7-Day Eod 5.12% | 3.62%3.70% | 5.58%3.70% | 6.30%

Current vs 7-Day Eod -68.10% | -22.72%-27.37% | -30.35%-55.90% | -9.04%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 35.97% | 9.68%

Calls: 40.91% | 14.77%

Puts: 31.03% | 4.60%

Prior 35.18% | 18.23%

Calls: 32.26% | 23.08%

Puts: 38.10% | 13.39%

Current vs Prior +2.25% | -46.90%

Prior 7-Day Avg 16.64% | 10.01%

Calls: 15.87% | 9.63%

Puts: 17.43% | 10.38%

Current vs 7-Day Avg +116.11% | -3.26%

Liquidity Expensive

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🤖 AI Insights

Light premium activity with dollar volume down 81% vs prior. Bearish P/C ratio of 1.48 indicates protective positioning. P/C ratio rising 327% - increased hedging/bearish positioning. Put-heavy open interest (2,264,295 puts vs 1,391,101 calls) suggests hedging or bearish positioning.

Smart Money BEARISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Current BEARISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BEARISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads

💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 303 of results (avg 5.6%, best 0.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$63.00	Oct 23	1.85	1.88	$1.87	1.6%	10	0.48	7
$58.00	Oct 16	4.95	5.05	$5.00	2.0%	323	0.85	1.5K
$64.50	Oct 30	1.47	1.50	$1.49	2.0%	68	0.38	41
$63.50	Oct 30	1.86	1.90	$1.88	2.1%	116	0.45	1
$65.00	Oct 16	0.87	0.89	$0.88	2.3%	5.7K	0.31	18.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$63.00	Oct 16	1.94	1.95	$1.94	0.5%	3.6K	0.53	48.6K
$64.00	Oct 16	2.52	2.55	$2.54	1.2%	537	0.61	21.8K
$62.00	Sep 25	0.59	0.60	$0.60	1.7%	2.8K	0.40	7.7K
$62.50	Oct 2	1.17	1.19	$1.18	1.7%	382	0.49	156
$62.50	Oct 16	1.69	1.72	$1.71	1.8%	1.4K	0.49	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 134 found (avg $0.44, cheapest $0.12)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$64.00	Sep 23	0.11	0.13	$0.12	16.7%	2.6K	0.16	494
$66.00	Sep 25	0.05	0.06	$0.06	16.7%	592	0.06	6.0K
$63.00	Sep 23	0.35	0.38	$0.37	8.1%	3.3K	0.36	345
$65.00	Sep 25	0.12	0.13	$0.13	7.7%	1.6K	0.12	2.0K
$64.50	Sep 25	0.19	0.20	$0.20	5.0%	544	0.18	384

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$61.00	Sep 23	0.13	0.15	$0.14	14.3%	4.6K	0.17	217
$62.00	Sep 23	0.37	0.40	$0.39	7.7%	17.1K	0.37	6.6K
$59.00	Sep 25	0.05	0.06	$0.06	16.7%	207	0.06	225
$60.00	Sep 25	0.12	0.14	$0.13	15.4%	198	0.12	3.1K
$59.50	Sep 25	0.08	0.09	$0.09	11.1%	148	0.08	106

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 186 found (avg delta 0.81, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$50.00	Sep 21	12.30	12.75	$12.53	3.6%	61	1.00	--
$51.00	Sep 21	11.30	11.85	$11.58	4.7%	72	1.00	--
$52.00	Sep 21	10.25	11.10	$10.68	8.0%	49	1.00	--
$53.00	Sep 21	9.25	9.75	$9.50	5.3%	220	1.00	--
$54.00	Sep 21	8.25	9.20	$8.73	10.9%	228	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$69.00	Sep 25	6.45	6.70	$6.58	3.8%	--	1.00	13
$70.00	Oct 2	7.45	7.70	$7.58	3.3%	--	1.00	93
$74.00	Oct 16	11.35	11.70	$11.52	3.0%	--	1.00	12
$71.00	Sep 21	7.95	8.80	$8.38	10.1%	13	0.99	--
$68.00	Sep 21	5.45	5.70	$5.58	4.5%	46	0.99	--

Most actively traded options today. High liquidity = easy entry/exit. 397 active (total vol 163.3K, top 17.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$66.50	Oct 16	0.52	0.54	$0.53	3.8%	8.2K	0.21	--
$65.00	Oct 2	0.37	0.40	$0.39	7.7%	6.6K	0.22	362
$65.00	Sep 30	0.26	0.30	$0.28	14.3%	6.1K	0.19	7.4K
$65.00	Oct 16	0.87	0.89	$0.88	2.3%	5.7K	0.31	18.3K
$64.00	Oct 16	1.19	1.22	$1.21	2.5%	4.6K	0.39	3.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$62.00	Sep 23	0.37	0.40	$0.39	7.7%	17.1K	0.37	6.6K
$60.00	Oct 16	0.74	0.76	$0.75	2.7%	13.4K	0.27	44.1K
$58.00	Oct 16	0.34	0.36	$0.35	5.7%	7.8K	0.14	12.7K
$61.50	Oct 16	1.24	1.27	$1.25	2.4%	6.6K	0.40	--
$57.00	Oct 2	0.05	0.09	$0.07	57.1%	5.1K	0.05	13

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 11 strikes (avg 15.8%, max 26.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$61.50	Sep 25	Oct 23	32.1%	25.9%	23.8%	3	19
$62.50	Sep 25	Oct 30	31.6%	25.5%	23.8%	168	313
$64.50	Sep 25	Oct 30	31.8%	28.4%	12.0%	612	425
$63.50	Sep 25	Oct 30	31.8%	28.6%	11.4%	881	498
$65.50	Oct 2	Oct 30	29.0%	28.4%	2.3%	239	479

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$60.50	Sep 25	Oct 30	33.0%	26.0%	26.7%	890	7.1K
$61.50	Sep 25	Oct 30	32.1%	25.8%	24.6%	227	462
$62.50	Sep 25	Oct 30	31.6%	25.5%	23.8%	4.5K	746
$64.50	Sep 25	Oct 30	31.8%	28.4%	12.0%	239	754
$63.50	Sep 25	Oct 30	31.8%	28.6%	11.4%	408	4.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 150 found (best R:R 0.59, avg 2.60)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$60.00	$61.00	Oct 30	$0.63	$0.37	$0.63	70%	0.59	$60.63
$61.00	$62.00	Sep 28	$0.66	$0.34	$0.66	75%	0.52	$61.66
$64.50	$65.00	Oct 9	$0.11	$0.39	$0.11	32%	3.55	$64.61
$60.00	$60.50	Oct 23	$0.32	$0.18	$0.32	72%	0.56	$60.32
$61.00	$62.00	Oct 30	$0.57	$0.43	$0.57	63%	0.75	$61.57

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$64.00	$63.00	Sep 28	$0.64	$0.36	$0.64	73%	0.56	$63.36
$63.00	$62.50	Oct 9	$0.22	$0.28	$0.22	54%	1.27	$62.78
$63.00	$62.50	Oct 16	$0.23	$0.27	$0.23	53%	1.17	$62.77
$60.00	$59.50	Oct 23	$0.11	$0.39	$0.11	28%	3.55	$59.89
$63.00	$62.00	Sep 23	$0.48	$0.52	$0.48	64%	1.08	$62.52

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 88 found (best R:R 0.07, avg 0.42)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$63.00	$64.00	Sep 23	$0.25	$0.25	$0.75	64%	0.33	$63.25
$65.50	$66.00	Oct 30	$0.19	$0.19	$0.31	68%	0.61	$65.69
$65.00	$65.50	Oct 9	$0.15	$0.15	$0.35	72%	0.43	$65.15
$64.00	$65.00	Sep 30	$0.23	$0.23	$0.77	70%	0.30	$64.23
$64.00	$65.00	Sep 28	$0.19	$0.19	$0.81	73%	0.23	$64.19

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$60.00	$55.00	Oct 5	$0.34	$0.34	$4.66	80%	0.07	$59.66
$62.00	$60.00	Oct 5	$0.62	$0.62	$1.38	58%	0.45	$61.38
$61.00	$60.00	Sep 28	$0.20	$0.20	$0.80	75%	0.25	$60.80
$57.50	$54.00	Oct 9	$0.13	$0.13	$3.37	91%	0.04	$57.37
$62.00	$61.00	Sep 23	$0.25	$0.25	$0.75	63%	0.33	$61.75

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $0.36, cheapest $0.35)

CALLS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$62.50	Sep 25	Oct 2	$0.40	31.6%	27.1%
$61.50	Sep 25	Oct 2	$0.39	32.1%	27.7%
$63.50	Sep 25	Oct 2	$0.38	31.8%	28.6%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$62.50	Sep 25	Oct 2	$0.35	31.6%	27.1%
$61.50	Sep 25	Oct 2	$0.33	32.1%	27.7%
$63.50	Sep 25	Oct 2	$0.31	31.8%	28.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 136 found (cheapest 0.72% of stock, avg 5.92%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$62.00	Sep 21	$0.44	$0.01	$0.45	$61.55	$62.45	0.72%
$63.00	Sep 21	$0.01	$0.58	$0.59	$62.41	$63.59	0.94%
$63.00	Sep 23	$0.37	$0.87	$1.24	$61.76	$64.24	1.98%
$62.00	Sep 23	$0.88	$0.39	$1.27	$60.73	$63.27	2.03%
$61.00	Sep 21	$1.44	$0.01	$1.45	$59.55	$62.45	2.32%
$64.00	Sep 21	$0.01	$1.58	$1.59	$62.41	$65.59	2.54%
$62.50	Sep 25	$0.85	$0.83	$1.68	$60.82	$64.18	2.69%
$62.00	Sep 25	$1.11	$0.60	$1.71	$60.29	$63.71	2.74%
$63.00	Sep 25	$0.62	$1.11	$1.73	$61.27	$64.73	2.77%
$64.00	Sep 23	$0.12	$1.67	$1.79	$62.21	$65.79	2.86%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 206 found (cheapest 0.13% of stock, avg 2.85%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$65.00	$60.00	Sep 23	$0.04	$0.04	$0.08	$59.92	$65.08
$67.00	$58.00	Sep 30	$0.09	$0.07	$0.16	$57.84	$67.16
$66.00	$59.00	Sep 28	$0.09	$0.07	$0.16	$58.84	$66.16
$64.00	$60.00	Sep 23	$0.12	$0.04	$0.16	$59.84	$64.16
$65.00	$61.00	Sep 23	$0.04	$0.14	$0.18	$60.82	$65.18
$67.00	$59.00	Sep 30	$0.09	$0.14	$0.23	$58.77	$67.23
$66.00	$58.00	Sep 30	$0.16	$0.07	$0.23	$57.77	$66.23
$66.00	$60.00	Sep 28	$0.09	$0.16	$0.25	$59.75	$66.25
$64.00	$61.00	Sep 23	$0.12	$0.14	$0.26	$60.74	$64.26
$65.00	$59.00	Sep 28	$0.19	$0.07	$0.26	$58.74	$65.26

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 74 found (best R:R 2.12, avg credit $0.29)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
60/60	66/66	Oct 30	$0.34	$0.16	37%	2.12	$59.66	$65.84
60/60	66/66	Oct 30	$0.35	$0.15	34%	2.33	$60.15	$65.85
59/60	66/66	Oct 30	$0.31	$0.19	41%	1.63	$59.19	$65.81
60/60	66/66	Oct 23	$0.32	$0.18	38%	1.78	$60.18	$65.82
60/61	65/66	Oct 9	$0.31	$0.19	39%	1.63	$60.69	$65.31
60/60	65/66	Oct 23	$0.33	$0.17	34%	1.94	$60.17	$65.33
60/60	65/66	Oct 9	$0.26	$0.24	48%	1.08	$59.74	$65.26
60/60	65/66	Oct 9	$0.28	$0.22	43%	1.27	$60.22	$65.28
58/58	66/66	Oct 23	$0.24	$0.26	51%	0.92	$58.26	$65.74
58/59	66/66	Oct 23	$0.25	$0.25	48%	1.00	$58.75	$65.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 77 found (best R:R 1.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$62.00	$63.00	$64.00	Sep 21	$0.43	$0.57	95%	1.33
$61.00	$62.00	$63.00	Sep 21	$0.57	$0.43	96%	0.75
$61.00	$62.00	$63.00	Sep 28	$0.14	$0.86	33%	6.14
$62.00	$63.00	$64.00	Sep 23	$0.26	$0.74	47%	2.85
$62.00	$63.00	$64.00	Sep 30	$0.12	$0.88	28%	7.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$62.00	$63.00	$64.00	Sep 21	$0.43	$0.57	94%	1.33
$61.00	$62.00	$63.00	Sep 21	$0.57	$0.43	94%	0.75
$62.00	$63.00	$64.00	Sep 28	$0.08	$0.92	33%	11.50
$63.00	$64.00	$65.00	Sep 23	$0.11	$0.89	31%	8.09
$61.00	$62.00	$63.00	Sep 23	$0.23	$0.77	47%	3.35

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 151 found (best net $-1.37, 128 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$50.00	$56.00	1:2	Oct 30	-$1.37	$4.63
$50.00	$55.00	1:2	Sep 30	-$2.27	$2.73
$55.00	$58.50	1:2	Oct 23	-$1.67	$1.83
$59.00	$61.00	1:2	Sep 28	-$0.21	$1.79
$54.00	$57.00	1:2	Sep 25	-$1.94	$1.06

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$70.00	$66.50	1:2	Oct 2	-$0.78	$2.72
$70.00	$66.50	1:2	Oct 30	-$1.62	$1.88
$64.00	$63.00	1:2	Sep 23	-$0.07	$0.93
$65.00	$64.00	1:2	Sep 21	-$0.58	$0.42
$68.00	$66.00	1:2	Sep 23	-$1.58	$0.42

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 96 found (best yield 2.98%, avg 1.06%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$63.50	Oct 30	$1.86	0.45	1.6%	2.98%	4.58%	116	1
$63.00	Oct 30	$2.07	0.48	0.8%	3.31%	4.11%	5	--
$62.50	Oct 30	$2.29	0.52	0.0%	3.66%	3.66%	10	3
$64.00	Oct 30	$1.65	0.42	2.4%	2.64%	5.04%	134	62
$64.50	Oct 30	$1.47	0.38	3.2%	2.35%	5.55%	68	41
$65.00	Oct 30	$1.28	0.35	4.0%	2.05%	6.05%	20	15
$65.50	Oct 30	$1.15	0.32	4.8%	1.84%	6.64%	102	163
$63.00	Oct 23	$1.85	0.48	0.8%	2.96%	3.76%	10	7
$63.50	Oct 23	$1.62	0.44	1.6%	2.59%	4.19%	177	2
$64.00	Oct 23	$1.41	0.40	2.4%	2.26%	4.66%	214	287

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Current Put/Call Breakdown

Total Calls 86,445

Total Puts 128,285

Put/Call Ratio 1.48

Net Difference -41,840

Prior's Put/Call Breakdown

Total Calls 170,573

Total Puts 59,222

Put/Call Ratio 0.35

Net Difference 111,351

Prior 7-Day Put/Call Summary

Total Calls 630,842

Total Puts 747,768

Average Put/Call Ratio 1.32

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

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Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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