What is the current XME options open interest?

As of May 15, 2026, State Street SPDR S&P Metals & Mining ETF (XME) has 139.3K total contracts outstanding across all listed expirations, split as 71.6K calls and 67.6K 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 XME put/call open interest ratio?

Put/call OI ratio of 0.94 is balanced.

What does XME 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 Metals & Mining ETF (XME) 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 Metals & Mining ETF (XME) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $5.62B, listed on AMEX, carrying a beta of 1.45 to the broader market. The State Street SPDR S&P Metals & Mining ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Metals and Mining Select Industry Index (the "Index")Seeks to provide exposure to the metals & mining segment of the S&P TMI, which comprises the following sub-industries: Aluminum, Coal & Consumable Fuels, Copper, Diversified Metals & Mining, Gold, Precious Metals & Minerals, Silver, and SteelSeeks 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: $115.69
Call OI: 71.6K
Put OI: 67.6K
Total OI: 139.3K
Put/Call Ratio: 1.02

As of May 15, 2026, State Street SPDR S&P Metals & Mining ETF (XME) has 139.3K total contracts outstanding across all expirations. Put/call OI ratio is 0.94 (balanced 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 XME open interest history Data Feeds Strategy Selection

Strategy selection on State Street SPDR S&P Metals & Mining 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 37.6% 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 XME open interest history questions

What is the current XME options open interest?: As of May 15, 2026, State Street SPDR S&P Metals & Mining ETF (XME) has 139.3K total contracts outstanding across all listed expirations, split as 71.6K calls and 67.6K 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 XME put/call open interest ratio?: Put/call OI ratio of 0.94 is balanced.
What does XME 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.