State Street SPDR S&P Oil & Gas Exploration & Production ETF

XOPAMEX · USD
181.50USD0.00 (-1.39%)

State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) Implied Volatility Current

XOP implied volatility is 36%. IV Rank is 87%, placing current premiums in the top of their 52-week range.

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Tracking XOP implied volatility helps you identify when options premiums on State Street SPDR S&P Oil & Gas Exploration & Production ETF are historically cheap or expensive, and where the best trades are hiding. State Street SPDR S&P Oil & Gas Exploration & Production ETF implied volatility reflects the market's expectation of future price movement: when XOP IV rises, option premiums increase, creating opportunities for sellers, and when it drops, buyers can find cheaper contracts. Use our scanner to monitor State Street SPDR S&P Oil & Gas Exploration & Production ETF's implied volatility current levels in real time and filter for high-probability trades.

Implied volatility is derived from option prices using models like Black-Scholes and represents the annualized expected move of an underlying stock. For XOP, tracking metrics like XOP IV rank helps traders understand whether current implied volatility is historically high or low. IV rank compares today's reading against the past year's range — a high rank on XOP signals rich premiums and potential mean-reversion, while a low rank may favor long options strategies.

The State Street SPDR S&P Oil & Gas Exploration & Production ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Oil & Gas Exploration & Production Select Industry Index (the "Index")Seeks to provide exposure the oil and gas exploration and production segment of the S&P TMI, which comprises the following sub-industries: Integrated Oil & Gas, Oil & Gas Exploration & Production, and Oil & Gas Refining & MarketingSeeks 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

Premium sellers, directional traders, and spread builders all need the same starting point: a clear read on where XOP implied volatility sits today versus where it has been. Our scanner ranks State Street SPDR S&P Oil & Gas Exploration & Production ETF implied volatility against its historical range, surfaces extremes in XOP IV rank, and pairs every reading with the trades that exploit it. Stop guessing whether State Street SPDR S&P Oil & Gas Exploration & Production ETF IV is rich or cheap — measure it, then act on it.

Implied Volatility

IV Rank
86.71%IV Rank
High

IV is near its yearly peak - premiums are expensive, favoring sellers.

Implied Volatility (30d)35.65%

IV Rank86.71%

Historical Volatility (30d)24.49%

IV - HV+11.16%

As of September 24, 2026

Trade options with IV on your side

Track XOP IV rank across every expiration, spot where volatility is elevated, and identify high-probability setups before the window closes.

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