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

Explore the XLU 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 XLU.

Market Sentiment from XLU Options by Expiration Date

The table below aggregates XLU 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
2026-09-04 9974 6283 16257 0.630
2026-09-11 3692 5931 9623 1.606
2026-09-18 155386 117773 273159 0.758
2026-09-25 6255 3642 9897 0.582
2026-10-02 1185 2013 3198 1.699
2026-10-16 16440 25388 41828 1.544
2026-12-18 112045 323381 435426 2.886
2027-01-15 99577 270105 369682 2.713
2027-04-16 8289 11275 19564 1.360

How the Options Sentiment Score Is Calculated

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