XLP Options Volume

19,962 XLP option contracts changed hands in the latest session, at a put/call volume ratio of 1.73. This page tracks how actively XLP 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
$87.34
52-week range
$75.60 – $89.88
ATM IV (30d)
31.8%
IV rank
80 / 100
High
Expected move
±$4.83 (±5.5%)
Put/call OI
3.77
Put-heavy
Max pain
$85
↓ 2.7% below close

Options Volume & Premium Flow

Total options volume19,962
Call volume7,301
Put volume12,661
Put/call volume ratio1.73
Listed contracts1,048
Call premium traded$1.07M
Put premium traded$1.35M
Premium put/call ratio1.27
Open interest rank (31 day)45 / 100
Skew rank (31 day)55 / 100

XLP Options Volume Trend

0122.3K244.5K366.8K489KFeb '26May '26Aug '26

XLP total options volume per session, past year.

0.0012.2224.4436.6748.89Feb '26May '26Aug '26

XLP put/call volume ratio, past year.

XLP Unusual Options Activity

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

ContractExpirationLastIV Open interestVolumevs 30d avg
XLP $87 put Sep 11, 2026 $0.98 15.8% 64 2,954 24.8× avg
XLP $80 put Dec 18, 2026 $0.91 16.2% 1,445 2,502 17.2× avg
XLP $89 put Sep 18, 2026 $2.35 15.7% 550 868 7.3× avg
XLP $87 call Sep 18, 2026 $1.80 25.8% 5,686 696 25.8× avg
XLP $95 call Dec 18, 2026 $0.96 19.8% 2,204 651 34.3× avg
XLP $91 call Sep 11, 2026 $0.22 25.9% 2,274 584 5.1× avg

With a put/call volume ratio of 1.73, today's trading is tilted toward puts. Measured in dollars rather than contracts, $1.07M of call premium and $1.35M of put premium changed hands — the larger premium flow is on the put side. 6 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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XLP Options FAQ

How many XLP options traded today?

19,962 XLP option contracts traded as of Aug 24, 2026 — 7,301 calls and 12,661 puts.

Is there unusual options activity in XLP today?

Yes — 6 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.