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.

Options Analysis Short-Term Forecast Short Interest Report

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
2026-03-27	7542	12710	20252	1.685
2026-04-02	4882	4936	9818	1.011
2026-04-10	1164	1485	2649	1.276
2026-04-17	58963	78131	137094	1.325
2026-04-24	1145	356	1501	0.311
2026-05-01	192	152	344	0.792
2026-05-15	24258	92140	116398	3.798
2026-06-18	125919	212774	338693	1.690
2026-09-18	34773	50729	85502	1.459
2026-12-18	52450	306017	358467	5.834
2027-01-15	91628	297564	389192	3.248
2027-04-16	6579	2315	8894	0.352
2027-06-17	5069	3940	9009	0.777
2027-12-17	21393	36090	57483	1.687
2028-01-21	58938	32014	90952	0.543
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.