SPXL Open Interest

SPXL has 39,217 call contracts and 16,478 put contracts open across all listed expirations — a put/call open interest ratio of 0.42. Open interest counts the contracts currently outstanding at each strike. This page shows where SPXL positioning concentrates, which strikes act as walls, and how the totals have trended over the past year.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$280.12
52-week range
$168.85 – $288.11
ATM IV (30d)
26.7%
IV rank
5 / 100
Low
Expected move
±$10.34 (±3.7%)
Put/call OI
0.42
Call-heavy
Max pain
$170
↓ 39.3% below close

SPXL Open Interest by Strike

08991.8K2.7KSpotMax painCall wallPut wall45235252.50267.50282.50300330

SPXL open interest by strike, all expirations combined — calls in green, puts in red.

Total call open interest39,217
Total put open interest16,478
Put/call OI ratio0.42
Open interest rank (31 day)82 / 100
Call wall (largest call OI)$300
Put wall (largest put OI)$45
Top volume strike$280
Volume / OI ratio0.33

SPXL Open Interest Trend

10.4K22.5K34.5K46.5K58.6KCall OIPut OIFeb '26May '26Jul '26

SPXL total call vs. put open interest, past year.

0.310.400.500.590.68Feb '26May '26Jul '26

SPXL put/call open interest ratio, past year.

A put/call open interest ratio of 0.42 means meaningfully more calls than puts are outstanding — a call-heavy, typically bullish positioning profile. In total, 39,217 call contracts and 16,478 put contracts are open across all listed expirations. The put/call OI ratio has fallen from 0.51 in Feb '26 to 0.42 today.

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SPXL Options FAQ

What is SPXL's put/call ratio?

SPXL's put/call open interest ratio is 0.42 as of Jul 10, 2026, with 16,478 put contracts and 39,217 call contracts outstanding.

Which SPXL strikes have the highest open interest?

As of Jul 10, 2026, the largest call open interest sits at $300 (the call wall) and the largest put open interest sits at $45 (the put wall). Strikes with heavy open interest often act as reference levels because a lot of hedging activity is anchored to them.

Is SPXL open interest unusually high right now?

SPXL's total open interest ranks 82 out of 100 versus the past 31 trading days as of Jul 10, 2026 — toward the top of its recent range, so positioning is unusually heavy.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.