State Street SPDR S&P Homebuilders ETF (XHB) 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 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
Total OI
176.9K
Total Volume
6.5K
Front Expiration
28 days
Second Expiration
34 days
ATM IV
34.0%
Avg Bid/Ask Spread
35.38%

As of May 15, 2026, State Street SPDR S&P Homebuilders ETF (XHB) has 176.9K open contracts and 6.5K contracts traded. The nearest expiration is 28 days out, followed by 34 days. ATM implied volatility is 34.0%. Average bid/ask spread across the chain is 35.38%: 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 XHB options chain 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 options chain 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 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 XHB options chain questions

What does the XHB options chain show right now?
As of May 15, 2026, State Street SPDR S&P Homebuilders ETF (XHB) has 176.9K contracts outstanding and 6.5K traded today, with ATM IV of 34.0%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for XHB options?
The nearest expiration is 28 days out, followed by 34 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are XHB options bid/ask spreads?
Average bid/ask spread across the chain is 35.38%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.