What is the current XHB options open interest?

As of May 15, 2026, State Street SPDR S&P Homebuilders ETF (XHB) has 176.9K total contracts outstanding across all listed expirations, split as 120.0K calls and 56.9K 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 XHB put/call open interest ratio?

Put/call OI ratio of 0.47 is call-heavy, often a directional bullish or upside-speculation signal.

What does XHB 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.

State Street SPDR S&P Homebuilders ETF (XHB) 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 Homebuilders ETF (XHB) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $1.49B, listed on AMEX, carrying a beta of 1.65 to the broader market. The State Street SPDR S&P Homebuilders ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&PHomebuilders Select Industry Index (the "Index")Seeks to provide exposure to the homebuilders segment of the S&P TMI, comprising the Homebuilding sub-industry, and may include exposure to the Building Products, Home Furnishings, Home Improvement Retail, Homefurnishing Retail, and Household Appliances sub-industriesSeeks 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 2006-02-06.

Snapshot as of May 15, 2026.

Spot Price: $96.57
Call OI: 120.0K
Put OI: 56.9K
Total OI: 176.9K
Put/Call Ratio: 2.45

As of May 15, 2026, State Street SPDR S&P Homebuilders ETF (XHB) has 176.9K total contracts outstanding across all expirations. Put/call OI ratio is 0.47 (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 XHB open interest history Data Feeds Strategy Selection

Strategy selection on State Street SPDR S&P Homebuilders 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 34.0% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. 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 XHB open interest history questions

What is the current XHB options open interest?: As of May 15, 2026, State Street SPDR S&P Homebuilders ETF (XHB) has 176.9K total contracts outstanding across all listed expirations, split as 120.0K calls and 56.9K 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 XHB put/call open interest ratio?: Put/call OI ratio of 0.47 is call-heavy, often a directional bullish or upside-speculation signal.
What does XHB 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.