XLI Options Statistics & Positioning

XLI options trade at a 30-day at-the-money implied volatility of 21.4%, an IV rank of 30 out of 100 over the past year. The options market prices a ±$12.09 (±6.6%) move in XLI for the front expiration. Max pain sits at $177 and the put/call open interest ratio is 3.43. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$182.27

52-week range

$147.80 – $186.19

ATM IV (30d)

21.4%

IV rank

30 / 100

Low

Expected move

±$12.09 (±6.6%)

Put/call OI

3.43

Put-heavy

Max pain

$177

↓ 2.9% below close

Most Active XLI Contracts

Contract	Expiration	DTE	Last	IV	Volume
XLI $177 put	Jul 17, 2026	7d	$0.40	37.8%	4,012
XLI $179 put	Jul 31, 2026	21d	$2.34	26.4%	2,001
XLI $181 call	Dec 18, 2026	161d	$12.42	22.3%	432
XLI $195 call	Aug 21, 2026	42d	$1.29	20.6%	426
XLI $180 call	Jul 17, 2026	7d	$3.45	18.6%	287

See all active XLI contracts →

Explore XLI Options Statistics

XLI Implied Volatility

21.4% ATM IV (30d)

An IV rank of 30 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

XLI Open Interest

3.43 put/call OI ratio

115,880 calls and 397,275 puts outstanding across all expirations.

Full open interest analysis →

XLI Max Pain

$177 max pain

2.9% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

XLI Gamma Exposure

-$6.18B net GEX

Negative dealer gamma — hedging can currently amplify price swings.

Full gamma exposure analysis →

XLI Options Volume

11,248 contracts traded

Put/call volume ratio 3.37 — plus contracts running far above their usual volume.

Full volume & flow analysis →

XLI Most Active Options

$177 top volume strike

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

Full active contracts analysis →

Explore the payoff profile of option on XLI for free

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XLI Options FAQ

How often is XLI options data on this page updated?

All XLI 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 XLI max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated XLI 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.