XLI Options Volume

21,380 XLI option contracts changed hands in the latest session, at a put/call volume ratio of 3.15. This page tracks how actively XLI options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

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

Last close
$178.83
52-week range
$147.80 – $186.64
ATM IV (30d)
16.6%
IV rank
29 / 100
Low
Expected move
±$8.78 (±4.9%)
Put/call OI
2.95
Put-heavy
Max pain
$180
↑ 0.7% above close

Options Volume & Premium Flow

Total options volume21,380
Call volume5,151
Put volume16,229
Put/call volume ratio3.15
Listed contracts1,896
Call premium traded$563.57K
Put premium traded$4.87M
Premium put/call ratio8.65
Open interest rank (31 day)65 / 100
Skew rank (31 day)45 / 100

XLI Options Volume Trend

055.3K110.5K165.8K221KFeb '26May '26Aug '26

XLI total options volume per session, past year.

0.0022.9745.9468.9091.87Feb '26May '26Aug '26

XLI put/call volume ratio, past year.

XLI Unusual Options Activity

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

ContractExpirationLastIV Open interestVolumevs 30d avg
XLI $174 put Sep 18, 2026 $1.23 28.7% 5,986 5,143 90.3× avg
XLI $175 put Nov 20, 2026 $4.50 18.7% 55,255 5,132 68.7× avg
XLI $155 put Mar 19, 2027 $2.68 23.9% 165 3,000 21.0× avg
XLI $186 call Sep 4, 2026 $0.19 27.3% 45 1,285 36.9× avg
XLI $185 call Sep 18, 2026 $0.85 17.0% 3,585 820 32.3× avg
XLI $190 call Sep 18, 2026 $0.35 16.9% 6,520 673 20.2× avg
XLI $185 put Jun 17, 2027 $13.65 19.5% 1,783 500 53.6× avg

With a put/call volume ratio of 3.15, today's trading is tilted toward puts. Measured in dollars rather than contracts, $563.57K of call premium and $4.87M of put premium changed hands — the larger premium flow is on the put side. 7 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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XLI Options FAQ

How many XLI options traded today?

21,380 XLI option contracts traded as of Aug 24, 2026 — 5,151 calls and 16,229 puts.

Is there unusual options activity in XLI today?

Yes — 7 contracts are trading at least three times their 30-day average volume as of Aug 24, 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.