State Street SPDR S&P Aerospace & Defense ETF (XAR) Open Interest History
Open interest tracks the total number of outstanding options contracts. Rising OI alongside price moves can indicate growing commitment to the trend; declining OI suggests positions are being closed.
State Street SPDR S&P Aerospace & Defense ETF (XAR) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $4.55B, listed on AMEX, carrying a beta of 1.26 to the broader market. The State Street SPDR S&P Aerospace & Defense ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Aerospace & Defense Select Industry Index (the "Index")Seeks to provide exposure to the Aerospace & Defense segment of the S&P TMI, which comprises the following sub-industries: Aerospace & DefenseSeeks to track a modified equal weighted index which provides the potential for unconcentrated industry exposure across large, mid and small cap stocksAllows investors to take strategic or tactical positions at a more targeted level than traditional sector based investing public since 2011-09-29.
Snapshot as of May 15, 2026.
- Spot Price
- $261.37
- Call OI
- 1.3K
- Put OI
- 279
- Total OI
- 1.5K
- Put/Call Ratio
- 0.81
As of May 15, 2026, State Street SPDR S&P Aerospace & Defense ETF (XAR) has 1.5K total contracts outstanding across all expirations. Put/call OI ratio is 0.22 (call-heavy positioning). Open interest reflects accumulated positions from prior sessions; persistent growth indicates sustained directional or hedging interest, while sharp drops typically mean post-expiration clean-up.
How XAR open interest history Data Feeds Strategy Selection
Strategy selection on State Street SPDR S&P Aerospace & Defense ETF options does not derive from any single metric in isolation. The open interest history view above sits inside a broader read: ATM IV currently sits at 30.3% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the open interest history 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 open interest is reported and how to read the data →
Frequently asked XAR open interest history questions
- What is the current XAR options open interest?
- As of May 15, 2026, State Street SPDR S&P Aerospace & Defense ETF (XAR) has 1.5K total contracts outstanding across all listed expirations, split as 1.3K calls and 279 puts. Open interest reflects accumulated positions from prior trading sessions; it does not include today's volume until end-of-day reconciliation.
- What is the XAR put/call open interest ratio?
- Put/call OI ratio of 0.22 is call-heavy, often a directional bullish or upside-speculation signal.
- What does XAR open interest tell traders?
- Persistent OI growth indicates sustained directional or hedging interest; sharp drops typically mean post-expiration position cleanup. Heavy OI concentrations at specific strikes act as support and resistance levels because dealer hedging amplifies near those strikes - the gamma profile of the dealer book is concentrated there. Comparing today's volume to standing OI separates opening flow from closing flow.