XLE Options Volume

105,811 XLE option contracts changed hands in the latest session, at a put/call volume ratio of 0.59. 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 Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$54.86
52-week range
$43.89 – $92.21
ATM IV (30d)
23.6%
IV rank
2 / 100
Low
Expected move
±$1.79 (±3.3%)
Put/call OI
1.36
Put-heavy
Max pain
$55
↑ 0.3% above close

Options Volume & Premium Flow

Total options volume105,811
Call volume66,535
Put volume39,276
Put/call volume ratio0.59
Listed contracts2,194
Call premium traded$6.62M
Put premium traded$3.34M
Premium put/call ratio0.50
Open interest rank (31 day)64 / 100
Skew rank (31 day)5 / 100

XLE Options Volume Trend

0197.6K395.2K592.8K790.4KFeb '26May '26Jul '26

XLE total options volume per session, past year.

0.000.781.562.343.12Feb '26May '26Jul '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 $53 put Aug 21, 2026 $0.87 23.3% 7,801 10,783 25.8× avg
XLE $51 put Sep 18, 2026 $0.70 23.6% 11,660 7,615 26.5× avg
XLE $56 call Jul 17, 2026 $0.38 23.9% 29,824 6,120 4.4× avg
XLE $52 put Aug 21, 2026 $0.62 23.9% 5,972 5,204 18.1× avg
XLE $53 call Jul 17, 2026 $2.12 0.0% 1,197 4,055 8.1× avg
XLE $54 put Jul 17, 2026 $0.28 23.3% 11,888 3,382 3.2× avg

With a put/call volume ratio of 0.59, today's trading is tilted toward calls. Measured in dollars rather than contracts, $6.62M of call premium and $3.34M of put premium changed hands — the larger premium flow is on the call side. 6 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?

105,811 XLE option contracts traded as of Jul 10, 2026 — 66,535 calls and 39,276 puts.

Is there unusual options activity in XLE today?

Yes — 6 contracts are trading at least three times their 30-day average volume as of Jul 10, 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.