State Street SPDR S&P Software & Services ETF (XSW) 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 Software & Services ETF (XSW) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $345.6M, listed on AMEX, carrying a beta of 1.19 to the broader market. The State Street SPDR S&P Software & Services ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Software & Services Select Industry Index (the "Index")Seeks to provide exposure to the software and services segment of the S&P TMI, which comprises the following sub-industries: Application Software, Interactive Home Entertainment, IT Consulting & Other Services, and Systems Software. public since 2011-09-29.

Snapshot as of May 15, 2026.

Spot Price
$157.07
Total OI
790
Total Volume
69
Front Expiration
34 days
Second Expiration
63 days
ATM IV
35.0%
Avg Bid/Ask Spread
55.06%

As of May 15, 2026, State Street SPDR S&P Software & Services ETF (XSW) has 790 open contracts and 69 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 35.0%. Average bid/ask spread across the chain is 55.06%: 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 XSW options chain Data Feeds Strategy Selection

Strategy selection on State Street SPDR S&P Software & 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 35.0% 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 XSW options chain questions

What does the XSW options chain show right now?
As of May 15, 2026, State Street SPDR S&P Software & Services ETF (XSW) has 790 contracts outstanding and 69 traded today, with ATM IV of 35.0%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for XSW 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 XSW options bid/ask spreads?
Average bid/ask spread across the chain is 55.06%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.