State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) 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.
State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $286.1M, listed on AMEX, carrying a beta of 0.96 to the broader market. The State Street SPDR S&P Oil & Gas Equipment & Services ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Oil & Gas Equipment & Services Select Industry Index (the "Index")Seeks to provide exposure to the oil and gas equipment and services segment of the S&P TMI, which comprises the Oil & Gas Drilling sub-industry and the Oil & Gas Equipment & Services sub-industrySeeks 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 2006-06-22.
Snapshot as of May 15, 2026.
- Spot Price
- $129.49
- Total OI
- 910
- Total Volume
- 235
- Front Expiration
- 34 days
- Second Expiration
- 63 days
- ATM IV
- 37.5%
- Avg Bid/Ask Spread
- 40.83%
As of May 15, 2026, State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) has 910 open contracts and 235 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 37.5%. Average bid/ask spread across the chain is 40.83%: 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 XES options chain Data Feeds Strategy Selection
Strategy selection on State Street SPDR S&P Oil & Gas Equipment & Services 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 37.5% 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 XES options chain questions
- What does the XES options chain show right now?
- As of May 15, 2026, State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) has 910 contracts outstanding and 235 traded today, with ATM IV of 37.5%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for XES 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 XES options bid/ask spreads?
- Average bid/ask spread across the chain is 40.83%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.