XLB option chain State Street Materials Select Sector SPDR ETF
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 ±18.8% (41.41–60.62) · ATM IV 21.3% · P/C open interest 1.85
| 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 | |
| 22.10 | 27.00 | 5 | 38.3% | 0.94 | 0.0046 | -0.000 | 27.5 | 0 | 1.97 | 1 | 47.7% | -0.06 | 0.0048 | -0.003 | ||
| 20.00 | 24.50 | 4 | 35.0% | 0.93 | 0.0058 | -0.001 | 30 | 0 | 2.15 | 43.6% | -0.07 | 0.0060 | -0.003 | |||
| 17.50 | 22.00 | 545 | 28.2% | 0.92 | 0.0073 | -0.001 | 32.5 | 0.2900 | 0.6100 | 37 | 30.5% | -0.08 | 0.0075 | -0.003 | ||
| 15.50 | 20.00 | 9 | 29.9% | 0.90 | 0.0091 | -0.001 | 35 | 0 | 2.50 | 4,040 | 35.8% | -0.10 | 0.0094 | -0.004 | ||
| 15.20 | 16.35 | 60 | 29.8% | 0.88 | 0.0115 | -0.002 | 37.5 | 0 | 2.88 | 4 | 32.9% | -0.12 | 0.0119 | -0.004 | ||
| 13.60 | 16.45 | 11 | 26.3% | 0.88 | 0.0120 | -0.002 | 38 | 0 | 2.97 | 412 | 32.4% | -0.13 | 0.0125 | -0.004 | ||
| 13.45 | 16.25 | 1 | 28.3% | 0.87 | 0.0126 | -0.002 | 38.5 | 0 | 1.95 | 4 | 27.2% | -0.13 | 0.0131 | -0.004 | ||
| 13.00 | 15.80 | 5 | 27.7% | 0.87 | 0.0132 | -0.002 | 39 | 0 | 3.15 | 31.3% | -0.14 | 0.0137 | -0.004 | |||
| 12.60 | 15.40 | 1 | 27.5% | 0.86 | 0.0138 | -0.002 | 39.5 | 0 | 3.10 | 2 | 30.2% | -0.15 | 0.0144 | -0.004 | ||
| 13.10 | 13.70 | 247 | 25.6% | 0.85 | 0.0144 | -0.002 | 40 | 0 | 3.00 | 6 | 29.0% | -0.15 | 0.0150 | -0.004 | ||
| 11.75 | 14.55 | 3 | 26.6% | 0.85 | 0.0151 | -0.003 | 40.5 | 0 | 3.25 | 2 | 29.0% | -0.16 | 0.0158 | -0.004 | ||
| 11.35 | 14.15 | 1 | 26.3% | 0.84 | 0.0158 | -0.003 | 41 | 0 | 3.25 | 2 | 28.2% | -0.17 | 0.0165 | -0.004 | ||
| 10.95 | 13.95 | 10 | 26.8% | 0.83 | 0.0165 | -0.003 | 41.5 | 0 | 3.30 | 4 | 27.5% | -0.17 | 0.0173 | -0.004 | ||
| 10.55 | 13.55 | 14 | 26.4% | 0.83 | 0.0172 | -0.003 | 42 | 0 | 3.35 | 1,000 | 26.8% | -0.18 | 0.0181 | -0.004 | ||
| 11.25 | 12.95 | 18 | 29.0% | 0.82 | 0.0180 | -0.003 | 42.5 | 0.0500 | 3.35 | 4 | 26.1% | -0.19 | 0.0190 | -0.004 | ||
| 9.80 | 12.60 | 17 | 25.3% | 0.81 | 0.0188 | -0.003 | 43 | 0.1000 | 2.60 | 684 | 22.8% | -0.20 | 0.0199 | -0.004 | ||
| 9.40 | 12.20 | 121 | 24.9% | 0.80 | 0.0197 | -0.003 | 43.5 | 0.2400 | 3.45 | 25.2% | -0.21 | 0.0208 | -0.004 | |||
| 9.05 | 11.80 | 20 | 24.7% | 0.79 | 0.0205 | -0.003 | 44 | 0.2900 | 3.50 | 7 | 24.7% | -0.22 | 0.0218 | -0.004 | ||
| 8.65 | 11.60 | 27 | 24.9% | 0.78 | 0.0214 | -0.003 | 44.5 | 0.4500 | 2.59 | 3,000 | 21.5% | -0.23 | 0.0228 | -0.004 | ||
| 8.35 | 11.00 | 216 | 24.1% | 0.77 | 0.0223 | -0.003 | 45 | 1.67 | 2.10 | 2 | 22.8% | -0.24 | 0.0239 | -0.004 | ||
| 7.95 | 10.90 | 33 | 24.5% | 0.76 | 0.0232 | -0.003 | 45.5 | 0.6700 | 3.70 | 1 | 23.7% | -0.25 | 0.0249 | -0.004 | ||
| 7.55 | 10.35 | 22 | 23.6% | 0.75 | 0.0242 | -0.004 | 46 | 0.8100 | 3.70 | 2 | 23.2% | -0.26 | 0.0260 | -0.005 | ||
| 7.20 | 10.00 | 36 | 23.4% | 0.74 | 0.0251 | -0.004 | 46.5 | 0.9400 | 3.80 | 2 | 22.9% | -0.27 | 0.0272 | -0.005 | ||
| 6.90 | 9.65 | 24 | 23.2% | 0.73 | 0.0261 | -0.004 | 47 | 2.17 | 2.61 | 1 | 22.0% | -0.29 | 0.0283 | -0.005 | ||
| 6.55 | 9.30 | 39 | 23.0% | 0.72 | 0.0270 | -0.004 | 47.5 | 1.14 | 3.95 | 4 | 21.9% | -0.30 | 0.0295 | -0.005 | ||
| 6.20 | 9.00 | 16 | 22.8% | 0.70 | 0.0280 | -0.004 | 48 | 1.36 | 4.10 | 21.9% | -0.32 | 0.0307 | -0.005 | |||
| 5.90 | 8.65 | 38 | 22.6% | 0.69 | 0.0289 | -0.004 | 48.5 | 1.51 | 4.25 | 21.6% | -0.33 | 0.0319 | -0.005 | |||
| 5.55 | 8.35 | 19 | 22.3% | 0.68 | 0.0298 | -0.004 | 49 | 2.77 | 3.25 | 1,662 | 21.3% | -0.35 | 0.0331 | -0.005 | ||
| 5.25 | 8.05 | 12 | 22.2% | 0.66 | 0.0307 | -0.004 | 49.5 | 1.85 | 4.60 | 21.3% | -0.36 | 0.0343 | -0.005 | |||
| 5.95 | 6.80 | 1,218 | 22.1% | 0.65 | 0.0315 | -0.004 | 50 | 2.01 | 4.75 | 1,012 | 21.0% | -0.38 | 0.0355 | -0.005 | ||
| 5.65 | 6.50 | 52 | 21.9% | 0.63 | 0.0323 | -0.004 | 50.5 | 2.21 | 5.00 | 20.9% | -0.40 | 0.0367 | -0.005 | |||
| 4.40 | 7.20 | 27 | 21.8% | 0.61 | 0.0331 | -0.004 | 51 | 2.41 | 5.20 | 22 | 20.8% | -0.42 | 0.0378 | -0.005 | ||
| 4.05 | 6.95 | 416 | 21.5% | 0.60 | 0.0337 | -0.004 | 51.5 | 2.61 | 5.40 | 2 | 20.5% | -0.44 | 0.0389 | -0.005 | ||
| 3.75 | 7.45 | 29 | 23.0% | 0.58 | 0.0343 | -0.004 | 52 | 2.82 | 5.65 | 20.4% | -0.46 | 0.0400 | -0.005 | |||
| 4.65 | 5.35 | 129 | 21.3% | 0.57 | 0.0348 | -0.004 | 52.5 | 3.00 | 5.85 | 3 | 20.1% | -0.48 | 0.0410 | -0.005 | ||
| 2.29 | 5.40 | 1,390 | 20.7% | 0.48 | 0.0361 | -0.004 | 55 | 4.40 | 7.10 | 10 | 19.4% | -0.58 | 0.0448 | -0.005 | ||
| 1.39 | 5.20 | 26 | 22.0% | 0.40 | 0.0352 | -0.004 | 57.5 | 6.00 | 8.75 | 2 | 18.9% | -0.68 | 0.0456 | -0.005 | ||
| 1.94 | 2.45 | 142 | 20.1% | 0.33 | 0.0328 | -0.004 | 60 | 7.90 | 10.65 | 18.4% | -0.78 | 0.0455 | -0.005 | |||
| 0.0700 | 2.95 | 529 | 19.2% | 0.27 | 0.0295 | -0.004 | 62.5 | 9.40 | 13.90 | 20.2% | -0.87 | 0.0494 | -0.005 | |||
| 0 | 3.25 | 50 | 22.3% | 0.22 | 0.0260 | -0.004 | 65 | 11.50 | 16.50 | 20.6% | -0.95 | 0.0442 | -0.006 | |||
| 0 | 3.05 | 9 | 24.0% | 0.19 | 0.0227 | -0.003 | 67.5 | 14.00 | 19.00 | 23.0% | -0.99 | 0.0086 | -0.007 | |||
| 0.5400 | 0.9100 | 1 | 170 | 20.5% | 0.15 | 0.0197 | -0.003 | 70 | 16.50 | 21.50 | 25.2% | -1.00 | 0.0000 | -0.007 | ||
| 0 | 2.67 | 24 | 28.5% | 0.11 | 0.0147 | -0.003 | 75 | 21.50 | 26.50 | 29.3% | -1.00 | 0.0000 | -0.007 | |||
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.