XLE Options Volume

129,916 XLE option contracts changed hands in the latest session, at a put/call volume ratio of 0.84. This page tracks how actively XLE options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Oct 9, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$65.03
52-week range
$42.66 – $65.82
ATM IV (30d)
29.3%
IV rank
2 / 100
Low
Expected move
±$5.90 (±9.1%)
Put/call OI
1.58
Put-heavy
Max pain
$60
↓ 7.7% below close

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Options Volume & Premium Flow

Total options volume129,916
Call volume70,590
Put volume59,326
Put/call volume ratio0.84
Listed contracts2,244
Call premium traded$30.4M
Put premium traded$7.18M
Premium put/call ratio0.24
Open interest rank (31 day)57 / 100
Skew rank (31 day)95 / 100

XLE Options Volume Trend

0197.6K395.2K592.8K790.4KFeb '26Jun '26Oct '26

XLE total options volume per session, past year.

0.000.971.942.913.87Feb '26Jun '26Oct '26

XLE put/call volume ratio, past year.

XLE Unusual Options Activity

Contracts trading at least 3× their own 30-day average volume (minimum 500 contracts):

ContractExpirationLastIV Open interestVolumevs 30d avg
XLE $45 call Dec 17, 2027 $21.30 32.3% 20,072 10,000 1,087.2× avg
XLE $64 put Dec 18, 2026 $2.11 24.4% 3,357 9,484 25.4× avg
XLE $68 call Nov 20, 2026 $1.20 24.2% 2,329 7,302 23.1× avg
XLE $62 put Oct 16, 2026 $0.09 30.5% 21,668 5,368 38.6× avg
XLE $69 call Oct 16, 2026 $0.05 25.4% 9,818 4,310 57.1× avg
XLE $63 put Oct 16, 2026 $0.19 25.7% 37,095 3,371 3.2× avg
XLE $69 call Nov 20, 2026 $1.00 26.2% 1,309 3,337 14.2× avg
XLE $65 call Jun 17, 2027 $6.05 25.5% 5,645 3,003 44.5× avg

With a put/call volume ratio of 0.84, today's trading is roughly balanced between calls and puts. Measured in dollars rather than contracts, $30.4M of call premium and $7.18M of put premium changed hands — the larger premium flow is on the call side. 8 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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XLE Options FAQ

How many XLE options traded today?

129,916 XLE option contracts traded as of Oct 9, 2026 — 70,590 calls and 59,326 puts.

Is there unusual options activity in XLE today?

Yes — 8 contracts are trading at least three times their 30-day average volume as of Oct 9, 2026. OptiView flags a contract as unusual when today's volume runs at 3× its own average with at least 500 contracts traded.

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.