XHB Options Statistics & Positioning

XHB options trade at a 30-day at-the-money implied volatility of 28.4%, an IV rank of 22 out of 100 over the past year. The options market prices a ±$7.92 (±7.4%) move in XHB for the front expiration. Max pain sits at $107 and the put/call open interest ratio is 1.42. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

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

Last close

$106.36

52-week range

$94.82 – $121.37

ATM IV (30d)

28.4%

IV rank

22 / 100

Low

Expected move

±$7.92 (±7.4%)

Put/call OI

1.42

Put-heavy

Max pain

$107

↑ 0.6% above close

Most Active XHB Contracts

Contract	Expiration	DTE	Last	IV	Volume
XHB $125 call	Oct 2, 2026	39d	$0.14	—	331
XHB $101 put	Sep 4, 2026	11d	$0.44	—	100
XHB $102 put	Aug 28, 2026	4d	$0.25	—	100
XHB $115 call	Sep 18, 2026	25d	$0.60	—	75
XHB $102 put	Sep 18, 2026	25d	$1.37	—	60

See all active XHB contracts →

Explore XHB Options Statistics

XHB Implied Volatility

28.4% ATM IV (30d)

An IV rank of 22 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

XHB Open Interest

1.42 put/call OI ratio

27,082 calls and 38,396 puts outstanding across all expirations.

Full open interest analysis →

XHB Max Pain

$107 max pain

0.6% above the last close — see how max pain has moved over the past year.

Full max pain analysis →

XHB Gamma Exposure

-$17.78M net GEX

Negative dealer gamma — hedging can currently amplify price swings.

Full gamma exposure analysis →

XHB Options Volume

1,156 contracts traded

Put/call volume ratio 0.85 — plus contracts running far above their usual volume.

Full volume & flow analysis →

XHB Most Active Options

$125 top volume strike

The 25 most actively traded XHB contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Explore the payoff profile of option on XHB for free

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

Open XHB in the platform Scan options

XHB Options FAQ

How often is XHB options data on this page updated?

All XHB statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see XHB max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated XHB pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

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.