XBI Most Active Options

The 25 most actively traded XBI option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$164.46
52-week range
$89.87 – $169.52
ATM IV (30d)
33.8%
IV rank
35 / 100
Low
Expected move
±$16.47 (±10.0%)
Put/call OI
0.72
Call-heavy
Max pain
$145
↓ 11.8% below close

Most Active XBI Contracts

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
XBI $160 put Sep 18, 2026 25d $3.40 31.2% 28 -0.36 6,247 4,869 98.8× avg
XBI $147 put Sep 18, 2026 25d $0.72 35.2% 23 -0.11 397 4,003 59.7× avg
XBI $156 put Sep 18, 2026 25d $2.24 31.9% 11 -0.26 139 2,047 30.5× avg
XBI $175 call Sep 18, 2026 25d $2.01 32.4% 22 0.24 6,403 2,037 40.8× avg
XBI $145 put Sep 18, 2026 25d $0.56 33.6% 17 -0.07 3,982 2,015 30.0× avg
XBI $150 put Sep 18, 2026 25d $1.02 32.5% 13 -0.13 13,871 1,799 26.8× avg
XBI $160 call Sep 18, 2026 25d $8.20 33.3% 60 0.63 4,565 1,687 48.2× avg
XBI $158 put Sep 18, 2026 25d $2.92 30.5% 22 -0.30 340 1,278 25.9× avg
XBI $195 call Jan 15, 2027 144d $4.45 34.1% 84 0.26 917 1,006 37.5× avg
XBI $148 put Sep 18, 2026 25d $0.85 33.2% 16 -0.11 546 756 11.3× avg
XBI $165 call Oct 16, 2026 53d $8.00 32.5% 63 0.52 1,928 450 13.9× avg
XBI $156 put Oct 16, 2026 53d $4.25 32.3% 19 -0.31 30 400 10.3× avg
XBI $130 call Sep 18, 2026 25d $34.40 64.1% 96 0.93 1,461 330 99.0× avg
XBI $173 call Sep 18, 2026 25d $2.37 34.0% 69 0.29 261 282 3.9× avg
XBI $162.5 put Aug 28, 2026 4d $1.75 31.3% 33 -0.39 19 281 2.0× avg
XBI $155 put Sep 4, 2026 11d $0.76 34.5% 40 -0.17 35 274 5.8× avg
XBI $150 call Jan 15, 2027 144d $22.72 34.9% 72 0.72 3,920 255 59.0× avg
XBI $145 put Oct 16, 2026 53d $1.62 32.5% 21 -0.14 22 248 6.4× avg
XBI $170 call Oct 16, 2026 53d $6.05 33.5% 73 0.42 666 239 3.8× avg
XBI $175 call Oct 16, 2026 53d $4.29 33.1% 53 0.34 287 221 4.6× avg
XBI $167 call Sep 4, 2026 11d $2.74 37.8% 81 0.40 233 218 5.5× avg
XBI $156 put Aug 28, 2026 4d $0.24 37.1% 15 -0.10 29 216 5.7× avg
XBI $163 call Aug 28, 2026 4d $3.25 41.4% 75 0.56 26 215 4.1× avg
XBI $175 call Jan 15, 2027 144d $9.65 32.1% 48 0.44 2,078 206 7.7× avg
XBI $165 put Oct 16, 2026 53d $8.10 31.1% 38 -0.48 2,100 203 4.0× avg

Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.

The most active XBI contract today is the $160 put expiring in 25 days, with 4,869 contracts traded. Puts dominate the most-active list (13 of the top 25), showing where trading interest concentrates. 10 of these contracts are running well ahead of the usual daily volume.

Explore the payoff profile of option on XBI for free

Build multi-leg XBI strategies, visualize payoffs, and scan the full US options universe with OptiView.

XBI Options FAQ

Which XBI option contract is most active today?

The most traded XBI contract is the $160 put expiring Sep 18, 2026, with 4,869 contracts traded as of Aug 24, 2026.

How does OptiView rank the most active XBI options?

The table lists the 25 XBI contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.

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.