XLF Most Active Options
The 23 most actively traded XLF 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 Oct 21, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.
Most Active XLF Contracts
| Contract | Expiration | DTE | Last | IV | IV rank (30d) | Delta | Open interest | Volume | vs 30d avg |
|---|---|---|---|---|---|---|---|---|---|
| XLF $47 put | Jan 15, 2027 | 86d | $0.17 | 24.6% | 2 | -0.06 | 27,867 | 31,928 | 279.4× avg |
| XLF $53 put | Nov 20, 2026 | 30d | $0.22 | 19.0% | 4 | -0.14 | 115,355 | 30,500 | 130.4× avg |
| XLF $51 put | Jan 15, 2027 | 86d | $0.40 | 19.9% | 12 | -0.14 | 76,309 | 25,348 | 47.1× avg |
| XLF $59 call | Nov 20, 2026 | 30d | $0.16 | 15.5% | 1 | 0.14 | 11,098 | 20,093 | 164.7× avg |
| XLF $56 call | Nov 20, 2026 | 30d | $1.06 | 16.3% | 8 | 0.53 | 114,189 | 15,206 | 28.8× avg |
| XLF $37 put | Jan 15, 2027 | 86d | $0.05 | 44.5% | 3 | -0.02 | 5,172 | 10,000 | 270.3× avg |
| XLF $56 put | Nov 20, 2026 | 30d | $0.89 | 15.8% | 11 | -0.47 | 55,527 | 8,174 | 10.4× avg |
| XLF $48 put | Jan 21, 2028 | 457d | $1.44 | 21.7% | 23 | -0.18 | 500 | 7,501 | 29.6× avg |
| XLF $60 call | Nov 20, 2026 | 30d | $0.08 | 15.5% | 1 | 0.07 | 60,978 | 6,027 | 49.4× avg |
| XLF $50 put | Dec 18, 2026 | 58d | $0.19 | 24.0% | 23 | -0.10 | 98,888 | 5,057 | 9.4× avg |
| XLF $56.5 call | Oct 23, 2026 | 2d | $0.07 | 16.9% | 4 | 0.25 | 4,769 | 3,659 | 5.7× avg |
| XLF $53.5 put | Nov 2, 2026 | 12d | $0.09 | 18.3% | 31 | -0.08 | 4 | 2,355 | 3.0× avg |
| XLF $54 put | Oct 30, 2026 | 9d | $0.10 | 18.2% | 31 | -0.09 | 2,499 | 2,268 | 2.9× avg |
| XLF $56 call | Oct 23, 2026 | 2d | $0.30 | 17.7% | 4 | 0.52 | 6,746 | 2,245 | 3.5× avg |
| XLF $55 put | Oct 30, 2026 | 9d | $0.21 | 17.5% | 29 | -0.24 | 13,831 | 2,184 | 2.8× avg |
| XLF $55 call | Dec 18, 2026 | 58d | $2.27 | 17.9% | 34 | 0.64 | 30,042 | 1,568 | 6.5× avg |
| XLF $55 put | Dec 18, 2026 | 58d | $0.92 | 16.2% | 13 | -0.35 | 13,163 | 1,533 | 1.0× avg |
| XLF $55.5 put | Oct 23, 2026 | 2d | $0.12 | 14.8% | 9 | -0.19 | 741 | 1,408 | 1.7× avg |
| XLF $55 call | Jan 15, 2027 | 86d | $2.44 | 16.7% | 28 | 0.63 | 82,434 | 1,398 | 5.8× avg |
| XLF $55 put | Nov 20, 2026 | 30d | $0.56 | 16.7% | 14 | -0.33 | 77,482 | 1,346 | 1.7× avg |
| XLF $55 call | Nov 20, 2026 | 30d | $1.78 | 18.0% | 45 | 0.66 | 29,132 | 1,303 | 10.6× avg |
| XLF $57 call | Nov 20, 2026 | 30d | $0.64 | 15.7% | 7 | 0.38 | 32,958 | 1,099 | 2.1× avg |
| XLF $54.5 put | Oct 23, 2026 | 2d | $0.01 | 25.9% | 16 | -0.07 | 2,964 | 1,099 | 1.3× 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 XLF contract today is the $47 put expiring in 86 days, with 31,928 contracts traded. Puts dominate the most-active list (14 of the top 23), showing where trading interest concentrates. 16 of these contracts are running well ahead of the usual daily volume.
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XLF Options FAQ
Which XLF option contract is most active today?
The most traded XLF contract is the $47 put expiring Jan 15, 2027, with 31,928 contracts traded as of Oct 21, 2026.
How does OptiView rank the most active XLF options?
The table lists the 23 XLF 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.