XLE
Energy Select Sector SPDRClose $58.71EOD onlyThis page reflects XLE options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Historical consensus-supported lens with full content, report chain context, and metric rail.
Flow Verdict
Watch next session: Monitor $57.5 level; Watch VIX movement
Flow Summary
Net premium: +$1.1M bullish
P/C volume ratio: 1.98
P/C OI ratio: 1.67
Notable Prints
Read-through: High vol/oi, aggressive put buying
Read-through: OTM put, high IV
Read-through: High volume near expiration
Read-through: OTM call, moderate vol
Read-through: Huge volume, expires next day
Institutional Positioning
Call additions: Minimal; only notable is deep OTM $75 Call (Aug21) with vol/oi 2.6, likely speculative noise.
Put additions: Heavy near-term put accumulation: 6/12 $58 & $57, 6/18 $56, plus 7/2 $60. Also deep OTM puts ($32.5, $39.5) for tail hedging.
GEX/DEX consistency: GEX +$135M, DEX +151M shares, both positive. Bullish dealer positioning but heavy put flow suggests hedging, not outright bearish.
OI clusters: Largest OI at 6/5 $57 (6,737), 6/12 $58, $57 (844), and 6/18 $56 (1,076). Gamma flip at $57.5 (2.1% below spot).
Hedging evidence: Aggressive put buying across expiries indicates downside hedging. No clear collar evidence; likely outright protection.
Max pain context: Spot ~$58.7 above MP. MP likely near $57-58, supported by concentrated put OI. Pinning expected near $57.5.
Signal vs Noise
Key Conclusions
Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.
Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.
These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.