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
2026-02-06	4118	7066	11184	1.716
2026-02-13	15500	3288	18788	0.212
2026-02-20	29309	50225	79534	1.714
2026-02-27	998	2792	3790	2.798
2026-03-06	1222	884	2106	0.723
2026-03-13	56	29	85	0.518
2026-03-20	244179	148920	393099	0.610
2026-03-27	2	2	4	1.000
2026-04-17	33	821	854	24.879
2026-05-15	26	805	831	30.962
2026-06-18	58774	120104	178878	2.043
2026-09-18	16634	38096	54730	2.290
2026-12-18	41534	240032	281566	5.779
2027-01-15	59684	227199	286883	3.807
2027-06-17	5	2100	2105	420.000
2027-12-17	5472	24982	30454	4.565
2028-01-21	11717	19670	31387	1.679
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.