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

Explore the XLK 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 XLK.

Market Sentiment from XLK Options by Expiration Date

The table below aggregates XLK 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
2026-02-06 6881 3288 10169 0.478
2026-02-13 2016 3551 5567 1.761
2026-02-20 30948 17694 48642 0.572
2026-02-27 1634 958 2592 0.586
2026-03-06 337 356 693 1.056
2026-03-13 107 285 392 2.664
2026-03-20 70864 77704 148568 1.097
2026-03-27 7 3 10 0.429
2026-04-17 434 1263 1697 2.910
2026-05-15 279 540 819 1.935
2026-06-18 68937 126962 195899 1.842
2026-07-17 320 3160 3480 9.875
2026-08-21 228 632 860 2.772
2026-09-18 19666 43222 62888 2.198
2026-12-18 26618 83764 110382 3.147
2027-01-15 28804 41035 69839 1.425
2027-06-17 57675 11498 69173 0.199
2027-12-17 5003 17904 22907 3.579
2028-01-21 7630 5003 12633 0.656

How the Options Sentiment Score Is Calculated

This sentiment framework evaluates market bias for XLK 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 XLK.
  • 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 XLK options, while lower scores highlight more defensive or bearish structures.