XEL Options Chain by Expiration – Open Interest & Put/Call Ratio

Explore the XEL options chain aggregated by expiration date, with call and put open interest, total OI and put/call ratios. Use this overview to spot where options positioning is most concentrated and which expirations carry bullish, bearish or neutral sentiment for XEL.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from XEL Options by Expiration Date

The table below aggregates XEL options data by expiration date, including call volume, put volume, total open interest and the put/call ratio. Each row is assigned a sentiment label and numerical sentiment score, highlighting expirations where positioning is extremely bullish, defensive or balanced. Click on an expiration date to drill down into the detailed options chain for that maturity.

Expiration Date	Call OI	Put OI	Total Open Interest	Put/Call Ratio
2026-04-17	1290	506	1796	0.392
2026-05-15	1501	329	1830	0.219
2026-06-18	1964	407	2371	0.207
2026-08-21	2096	203	2299	0.097
2026-09-18	149	53	202	0.356
2026-11-20	434	891	1325	2.053
2026-12-18	95	7	102	0.074
2027-01-15	370	665	1035	1.797
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for XEL based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Compares put and call activity. A higher PCR usually indicates more defensive or bearish positioning, while a lower PCR suggests bullish call demand. Open Interest (OI): Represents the number of outstanding option contracts. Higher open interest reflects strong market attention, hedging activity or speculative positioning around XEL. Unusual activity ⚠️: Expirations with extreme PCR or unusually high OI are flagged with a warning icon, signaling concentrated bets, hedging pressure or potential event-driven risk. The sentiment score combines PCR and OI into a 0–100 scale, then classifies each expiration into intuitive labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Higher scores reflect more aggressive bullish positioning in XEL options, while lower scores highlight more defensive or bearish structures.