XBI option chain State Street SPDR S&P Biotech ETF

Expiration Cboe delayed options data · as of 15:39 UTC

Each row is one strike. The left half is the call, the right half the put. Bid/ask are what buyers and sellers currently quote; volume is contracts traded this session; open interest is standing contracts. The highlighted row sits closest to the stock price.

This expiration prices a move of about ±29.9% (114.94–213.09) · ATM IV 32.3% · P/C open interest 0.86

CALLS								Strike	PUTS
Bid	Ask	Vol	OIThe number of option contracts currently outstanding at a strike or expiration. High open interest shows where positions are concentrated.	IV	ΔModel sensitivity of an option's price to a $1 move in the stock; also used as a rough moneyness scale (a 25-delta option is well out of the money).	Γ	Θ		Bid	Ask	Vol	OI	IV	Δ	Γ	Θ
83.15	86.90		2	34.0%	0.96	0.0009	0.000	83	0.6900	1.12		8	36.9%	-0.03	0.0009	-0.004
82.15	86.00		2	33.4%	0.96	0.0009	0.000	84	0.7300	3.05		13	42.7%	-0.03	0.0010	-0.005
81.50	85.00		101	34.0%	0.96	0.0010	0.000	85	0.7800	1.25		22	36.7%	-0.03	0.0010	-0.005
80.50	84.50		6	35.1%	0.96	0.0010	0.000	86	0.8400	1.30		2	36.5%	-0.03	0.0011	-0.005
79.50	83.50		13	34.1%	0.95	0.0011	0.000	87	0.8900	1.37		2	36.4%	-0.04	0.0011	-0.005
78.90	82.50		14	34.7%	0.95	0.0011	0.000	88	0.9400	1.44		2	36.3%	-0.04	0.0012	-0.005
78.00	81.50		1	34.1%	0.95	0.0012	0.000	89	1.00	1.52			36.2%	-0.04	0.0012	-0.006
77.10	81.00		34	35.2%	0.95	0.0012	0.000	90	1.06	1.59		59	36.1%	-0.04	0.0013	-0.006
76.00	80.00		1	33.9%	0.95	0.0013	0.000	91	1.13	1.86			36.5%	-0.04	0.0013	-0.006
75.00	79.00		10	33.0%	0.95	0.0013	0.000	92	1.21	1.76			35.9%	-0.04	0.0014	-0.006
74.50	78.00		61	33.8%	0.94	0.0014	0.000	93	1.27	2.03			36.3%	-0.05	0.0014	-0.006
73.50	77.50		6	34.4%	0.94	0.0014	0.000	94	1.35	2.12		2	36.2%	-0.05	0.0015	-0.007
72.85	76.50		30	34.5%	0.94	0.0015	0.000	95	1.43	2.03		39	35.6%	-0.05	0.0016	-0.007
72.00	75.50		22	34.0%	0.94	0.0016	0.000	96	1.52	2.12			35.5%	-0.05	0.0016	-0.007
71.00	75.00		10	34.5%	0.93	0.0016	0.000	97	1.59	2.22		6	35.4%	-0.06	0.0017	-0.007
70.00	74.00		11	33.7%	0.93	0.0017	0.000	98	1.69	2.33		95	35.4%	-0.06	0.0018	-0.008
69.50	73.00		8	34.1%	0.93	0.0017	0.000	99	1.78	2.62		7	35.6%	-0.06	0.0018	-0.008
68.85	72.25		206	34.6%	0.93	0.0018	0.000	100	1.88	2.74		413	35.6%	-0.06	0.0019	-0.008
67.50	71.50		17	33.6%	0.92	0.0019	0.000	101	1.97	3.75		13	37.1%	-0.07	0.0020	-0.009
67.00	70.35		11	33.6%	0.92	0.0019	0.000	102	2.02	2.97		38	35.2%	-0.07	0.0020	-0.009
66.00	69.50		12	33.1%	0.92	0.0020	0.000	103	2.20	2.91		23	34.9%	-0.07	0.0021	-0.009
65.00	68.70		29	32.8%	0.91	0.0021	0.000	104	2.30	3.05		9	34.8%	-0.08	0.0022	-0.009
64.50	67.35		60	32.3%	0.91	0.0021	0.000	105	2.42	4.10		208	36.4%	-0.08	0.0022	-0.010
63.50	67.50		10	33.8%	0.91	0.0022	-0.000	106	2.55	3.35		6	34.8%	-0.08	0.0023	-0.010
62.50	66.25		45	32.6%	0.91	0.0023	-0.001	107	2.66	4.40		124	36.1%	-0.09	0.0024	-0.010
60.60	64.50		63	34.4%	0.90	0.0025	-0.002	110	3.05	3.95		1,439	34.4%	-0.10	0.0026	-0.011
56.60	60.50		248	33.8%	0.88	0.0028	-0.004	115	3.85	4.95		107	34.3%	-0.12	0.0030	-0.012
53.65	55.60	1	180	33.1%	0.86	0.0032	-0.006	120	4.75	6.75		973	34.9%	-0.14	0.0034	-0.014
49.00	53.00		244	32.9%	0.84	0.0036	-0.008	125	5.80	7.85		503	34.5%	-0.16	0.0038	-0.015
46.50	49.50		135	33.7%	0.81	0.0040	-0.009	130	7.00	8.35		503	33.3%	-0.19	0.0043	-0.017
42.50	46.20		56	32.9%	0.79	0.0043	-0.011	135	8.35	10.85		33	34.0%	-0.21	0.0047	-0.018
39.00	42.95		63	32.4%	0.76	0.0047	-0.013	140	10.30	11.30	1	7	33.1%	-0.24	0.0051	-0.019
36.55	39.90		30	32.7%	0.73	0.0050	-0.014	145	11.55	13.90		14	33.2%	-0.27	0.0055	-0.020
33.50	37.50	30	115	32.7%	0.71	0.0053	-0.016	150	13.50	15.15		401	32.5%	-0.30	0.0059	-0.021
30.90	34.25		65	32.2%	0.68	0.0056	-0.017	155	15.55	18.10		2	32.9%	-0.33	0.0062	-0.022
30.50	33.70			32.3%	0.67	0.0056	-0.017	156	15.90	18.80			33.0%	-0.34	0.0063	-0.022
29.65	33.00			31.9%	0.67	0.0057	-0.018	157	16.35	19.50			33.1%	-0.35	0.0064	-0.022
29.50	32.50			32.1%	0.66	0.0057	-0.018	158	16.85	20.00			33.2%	-0.35	0.0064	-0.022
29.00	32.15			32.2%	0.65	0.0058	-0.018	159	17.25	20.50			33.1%	-0.36	0.0065	-0.022
28.00	31.60		243	31.8%	0.65	0.0058	-0.018	160	17.70	20.55		403	32.8%	-0.37	0.0065	-0.023
28.05	30.95			32.0%	0.64	0.0059	-0.018	161	18.15	21.50			33.1%	-0.37	0.0066	-0.023
27.50	30.60			32.0%	0.64	0.0059	-0.018	162	18.75	20.90			32.4%	-0.38	0.0067	-0.023
27.00	30.15			32.0%	0.63	0.0059	-0.019	163	19.20	22.00			32.7%	-0.39	0.0067	-0.023
26.65	30.00			32.3%	0.62	0.0060	-0.019	164	19.60	21.90			32.2%	-0.39	0.0068	-0.023
26.05	29.50		244	32.2%	0.62	0.0060	-0.019	165	20.20	23.00			32.7%	-0.40	0.0068	-0.023
25.50	28.75			31.9%	0.61	0.0060	-0.019	166	20.50	23.50			32.5%	-0.41	0.0069	-0.023
25.05	28.25			31.8%	0.61	0.0061	-0.019	167	21.00	24.00			32.4%	-0.41	0.0070	-0.023
24.55	27.75			31.7%	0.60	0.0061	-0.019	168	21.50	24.50		12	32.4%	-0.42	0.0070	-0.023
24.45	28.00		1	32.4%	0.59	0.0062	-0.020	169	22.00	24.85		7	32.2%	-0.43	0.0071	-0.024
24.00	27.50		236	32.3%	0.59	0.0062	-0.020	170	22.55	25.50			32.3%	-0.43	0.0071	-0.024
23.50	26.45			31.8%	0.58	0.0062	-0.020	171	23.15	26.50			32.6%	-0.44	0.0072	-0.024
23.00	26.50			32.1%	0.58	0.0062	-0.020	172	23.65	26.30			32.0%	-0.45	0.0072	-0.024
22.50	25.45			31.6%	0.57	0.0062	-0.020	173	24.90	27.00			32.6%	-0.46	0.0073	-0.024
22.00	25.15			31.6%	0.56	0.0063	-0.020	174	24.80	28.00			32.4%	-0.46	0.0073	-0.024
21.00	25.50		28	31.7%	0.56	0.0063	-0.020	175	25.30	28.50			32.2%	-0.47	0.0074	-0.024
21.60	24.20			31.7%	0.55	0.0063	-0.021	176	25.85	29.00			32.1%	-0.48	0.0074	-0.024
21.00	23.95			31.7%	0.55	0.0063	-0.021	177	26.50	29.50			32.1%	-0.48	0.0074	-0.024
20.50	24.00			31.9%	0.54	0.0064	-0.021	178	27.00	30.00			32.0%	-0.49	0.0075	-0.024
19.50	24.00			31.7%	0.53	0.0064	-0.021	179	27.60	30.50			31.9%	-0.50	0.0075	-0.024
20.00	23.00		482	31.8%	0.53	0.0064	-0.021	180	28.20	31.00			31.8%	-0.50	0.0076	-0.024
19.50	23.00			32.0%	0.52	0.0064	-0.021	181	28.80	31.75			31.9%	-0.51	0.0076	-0.024
18.50	22.50			31.5%	0.52	0.0064	-0.021	182	29.40	32.75			32.1%	-0.52	0.0076	-0.024
18.50	21.50			31.3%	0.51	0.0064	-0.021	183	30.10	33.00			31.8%	-0.53	0.0077	-0.024
18.10	21.15			31.2%	0.51	0.0064	-0.021	184	30.65	33.50			31.7%	-0.53	0.0077	-0.024
18.00	21.50		6	31.8%	0.50	0.0064	-0.021	185	31.20	34.50		1	31.8%	-0.54	0.0077	-0.024
16.50	19.10		15	31.4%	0.47	0.0064	-0.021	190	34.50	37.50			31.6%	-0.57	0.0079	-0.024
15.25	17.55		8	31.5%	0.44	0.0064	-0.021	195	37.85	41.00			31.4%	-0.61	0.0080	-0.024
13.80	16.10		1,307	31.4%	0.42	0.0064	-0.021	200	41.40	44.70		36	31.4%	-0.64	0.0081	-0.023
11.50	14.75		10	30.7%	0.39	0.0063	-0.021	205	45.10	49.00			31.7%	-0.68	0.0082	-0.023
10.50	13.55		5	30.8%	0.36	0.0062	-0.021	210	49.10	53.00			31.9%	-0.71	0.0082	-0.022
9.60	12.40		1,003	30.8%	0.34	0.0060	-0.020	215	53.00	57.00			31.8%	-0.74	0.0083	-0.022
8.00	12.50		2	31.1%	0.32	0.0059	-0.020	220	57.05	61.00			31.5%	-0.77	0.0083	-0.021
8.50	10.75			31.6%	0.30	0.0057	-0.019	225	61.50	65.50			32.0%	-0.80	0.0082	-0.020
6.50	9.60			30.4%	0.28	0.0055	-0.018	230	66.00	70.00			32.3%	-0.83	0.0081	-0.019
6.10	8.80		540	30.6%	0.26	0.0053	-0.018	235	70.50	74.50			32.4%	-0.86	0.0083	-0.019
6.40	8.05			31.4%	0.24	0.0051	-0.017	240	75.00	79.00			32.4%	-0.89	0.0082	-0.018
5.80	7.40		14	31.4%	0.22	0.0049	-0.017	245	80.00	83.55			32.9%	-0.92	0.0084	-0.016

Strikes shown: within ±50% of the underlying price. Intrinsic value = max(0, price − strike) for calls, max(0, strike − price) for puts; extrinsic = option price − intrinsic. Greeks and IV as computed by the exchange feed.

Volatility smile — Jan 21, 2028

Volatility page →

Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.

callsputs

XBI option chain State Street SPDR S&P Biotech ETF

Volatility smile — Jan 21, 2028

Consumer Cyclical

ETF

Technology

Financial Services

Industrials

Energy