VanEck Steel ETF (SLX) Options Chain

The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.

VanEck Steel ETF (SLX) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $130.0M, listed on AMEX, carrying a beta of 1.41 to the broader market. VanEck Steel ETF (SLX) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MarketVector Global Steel Index (MVSLXTR), which is intended to track the overall performance of companies involved in the global steel segment. public since 2006-10-17.

Snapshot as of May 15, 2026.

Spot Price
$106.10
Total OI
956
Total Volume
127
Front Expiration
34 days
Second Expiration
63 days
ATM IV
27.4%
Avg Bid/Ask Spread
81.03%

As of May 15, 2026, VanEck Steel ETF (SLX) has 956 open contracts and 127 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 27.4%. Average bid/ask spread across the chain is 81.03%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.

How SLX options chain Data Feeds Strategy Selection

Strategy selection on VanEck Steel ETF options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 27.4% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how the options chain is reported and how to read the data →

Frequently asked SLX options chain questions

What does the SLX options chain show right now?
As of May 15, 2026, VanEck Steel ETF (SLX) has 956 contracts outstanding and 127 traded today, with ATM IV of 27.4%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for SLX options?
The nearest expiration is 34 days out, followed by 63 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are SLX options bid/ask spreads?
Average bid/ask spread across the chain is 81.03%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.