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.