XLE
Energy Select Sector SPDRClose $55.36EOD 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: $52.5 gamma flip; $54 put strike
Flow Summary
Net premium: +$858K bullish
P/C volume ratio: 0.81
P/C OI ratio: 1.62
Notable Prints
Read-through: New bullish lottery position
Read-through: High vol/oi suggests opening
Read-through: ATM put activity
Read-through: Large volume relative to OI
Read-through: Deep OTM with elevated IV
Institutional Positioning
Call additions: Short-dated calls at $55.5/$56 (1-9 DTE) near-term bullish.
Put additions: Deep OTM puts at $32.5/$39.5 (Sep) and $54 put for hedging and tail risk.
GEX/DEX consistency: Negative GEX, positive DEX: net short options, long delta from put OI.
OI clusters: Put OI cluster at $52.5 (80k+) key gamma support.
Hedging evidence: Long-dated puts at $32.5/$39.5 and near-ATM put $54 for collar.
Max pain context: Spot below MP; gamma flip at $52.5 pins if decline.
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.