thetaOwl

XLB

Materials Select Sector SPDRClose $51.78EOD only
Max Pain
$51.50
Next expiry Aug 21, 2026
Expected Move
±$0.53
1.0% from close
Price Gap
-0.28
Distance to max pain
IV Rank
8
Low premium
P/C OI
0.64
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects XLB options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Aug 18, 2026 close
XLB Options Chain
Data as of market close Aug 18, 2026

Compare calls and puts side by side with OI, volume, IV, and positioning context.

Control Row
Next expiry (DTE 3)

Blank greek cells usually mean usable implied volatility was unavailable for that contract in the market-close snapshot.

Open Interest by Strike

IV Skew

Volume by Strike

Calls

StrikeLastBidAskChgVolOIIVDeltaGammaThetaVegaRho
30.0022.0519.6024.45-0.15225310.9%0.9810.0032-0.1150.0020.002
35.0017.2014.5519.50-0.2912234.8%0.9740.0054-0.1140.0030.003
38.0014.3011.5516.500.0914193.4%0.9680.0079-0.1120.0030.003
41.0011.348.7013.650.0022173.8%0.9410.0144-0.1650.0060.003
42.008.877.7512.700.0011165.6%0.9290.0174-0.1800.0060.003
43.009.406.7511.450.00116138.1%0.9390.0185-0.1340.0060.003
45.007.424.709.500.0523112.1%0.9240.0271-0.1300.0070.003
46.006.463.608.500.002294.1%0.9240.0323-0.1100.0070.003
46.505.473.158.00-0.4244890.2%0.9130.0374-0.1170.0070.003
47.004.892.507.40-0.5171871.5%0.9370.0367-0.0740.0060.004
48.005.051.806.500.0011176.7%0.8710.0585-0.1310.0100.003
48.502.331.416.350.000085.1%0.8140.0671-0.1830.0130.003
49.003.780.355.250.001174175.9%0.6660.0441-0.5040.0170.002
49.502.480.525.00-1.071511362.3%0.7970.0965-0.1420.0130.003
50.002.040.255.00-0.771547474.2%0.7120.0980-0.2020.0160.003
50.502.360.004.800.007242778.8%0.6520.0999-0.2320.0170.003
51.001.190.465.00-0.225647108.1%0.5820.0769-0.3340.0180.002
51.501.270.001.250.00273351.2%0.5590.1643-0.1610.0190.002
52.000.260.060.49-0.29312,38027.3%0.4430.3076-0.0870.0190.002
52.500.220.000.24-0.06121924.0%0.2720.2942-0.0640.0160.001
53.000.030.020.05-0.10242,46617.8%0.0790.1756-0.0210.0070.000
53.500.060.004.80-0.021377145.1%0.4290.0576-0.4480.0180.002
54.000.020.010.05-0.04111,55727.7%0.0500.0795-0.0230.0050.000
54.500.020.000.050.00809032.0%0.0410.0588-0.0220.0040.000
55.000.020.000.020.002652730.5%0.0150.0272-0.0090.0020.000
55.500.140.000.020.0058334.4%0.0140.0220-0.0100.0020.000
56.000.020.000.020.0013838.3%0.0130.0185-0.0100.0020.000
57.000.010.000.020.0015945.3%0.0100.0130-0.0100.0010.000
58.000.100.000.020.001851.6%0.0080.0093-0.0090.0010.000
65.000.070.000.020.001185.9%0.0020.0016-0.0040.0000.000

Puts

StrikeLastBidAskChgVolOIIVDeltaGammaThetaVegaRho
39.000.040.000.420.0001173.8%-0.0300.0084-0.0930.003-0.000
40.000.180.002.940.0054,0000287.1%-0.1310.0158-0.4760.010-0.001
43.000.050.000.020.00110173.4%-0.0020.0021-0.0040.000-0.000
44.000.010.000.020.0042165.6%-0.0030.0028-0.0040.000-0.000
45.000.040.000.020.0018257.8%-0.0030.0037-0.0050.000-0.000
46.000.210.000.020.00153050.0%-0.0040.0052-0.0050.001-0.000
46.500.150.000.020.005750.8%-0.0090.0102-0.0100.001-0.000
47.000.020.000.020.0018446.1%-0.0090.0117-0.0090.001-0.000
47.500.060.000.020.0019641.8%-0.0110.0143-0.0090.001-0.000
48.000.010.000.020.001762237.5%-0.0120.0177-0.0090.001-0.000
48.500.010.000.020.0081133.2%-0.0140.0227-0.0090.002-0.000
49.000.010.000.02-0.0311,14728.9%-0.0160.0303-0.0090.002-0.000
49.500.620.000.030.00247426.2%-0.0270.0510-0.0130.003-0.000
50.000.030.000.29-0.01102,55443.2%-0.1780.1287-0.0870.012-0.001
50.500.020.000.11-0.03541,05424.2%-0.1220.1776-0.0380.009-0.001
51.000.060.004.80-0.101372129.3%-0.4240.0645-0.3930.018-0.002
51.500.130.004.20-0.0315629103.8%-0.4570.0814-0.3190.019-0.002
52.000.330.000.500.081241,63817.6%-0.5930.4702-0.0500.018-0.003
52.500.790.004.800.00117792.8%-0.5470.0910-0.2840.019-0.003
53.000.880.165.000.00120687.2%-0.5990.0944-0.2600.018-0.003
53.501.350.014.950.281766.5%-0.6940.1124-0.1780.016-0.003
54.002.050.265.100.671457.7%-0.7790.1095-0.1290.014-0.004
54.502.470.165.100.1312161.4%-0.6080.0507-0.4810.018-0.003
55.002.750.365.300.0021155.1%-0.6390.0514-0.4500.018-0.003
56.003.721.916.85-0.232658.8%-0.9250.0515-0.0590.007-0.004
61.009.206.7511.750.142075.0%-0.9910.0068-0.0070.001-0.005
63.0010.858.7013.650.0020276.1%-0.7440.0248-0.6880.015-0.004
67.0015.2112.8517.800.1720133.6%-0.9800.0076-0.0420.002-0.005
How to Read the Chain
Use this market-close chain snapshot to compare liquidity, pricing, IV, and per-contract greeks across the active expiration.
How to scan it

Start with strike, bid/ask spread, open interest, and volume. Then use IV and greeks to decide whether a contract fits your directional, income, or volatility idea.

What matters first

Clean fills matter before a contract looks mathematically attractive. A thin market can erase the edge you think you found.

What can mislead you

Low premium, high IV, or one convenient delta do not make a trade by themselves. Check how far the strike sits from spot, expected move, and the event calendar.

Greeks are close-of-day estimates, and blank greek cells usually mean usable implied volatility was unavailable for that contract.