ETF · ETFs - Sector
XLK Implied Volatility, IV Rank & Options Chain
Technology Select Sector SPDR (XLK) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for Technology Select Sector SPDR (XLK).
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XLK options trade with implied volatility typically in the 12% - 35% range, averaging N/A in daily volume with excellent liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.
XLK implied volatility
As of 2026-10-26As of 2026-10-26, XLK's 30-day implied volatility is 28.2%, placing its 1-year IV percentile at 62.0 — above 62.0% of the past year's daily IV readings, a middle range, neutral between selling and buying premium.
XLK live chain, Greeks and GEX
TerminalEvery figure above is reference data. The live XLK chain, its Greeks, the gamma profile and the flow tape update through the session inside the Terminal.
XLK options at a glance
- Daily volume
- N/A
- IV range
- 12% - 35%
- Bid-ask spread
- N/A
- Expirations
- Weekly, monthly, LEAPS
- Open interest
- N/A
- Next earnings
- See earnings calendar
About Technology Select Sector SPDR (XLK)
Technology Select Sector SPDR (XLK) is a sector etf company listed on NYSE.
Company profile
- Sector
- ETF
- Industry
- Sector ETF
- Market cap
- See live data
- Exchange
- NYSE
Key dates
- Next earnings
- See earnings calendar
- Earnings frequency
- Quarterly
- Dividend schedule
- See company page
- Fiscal year end
- December
Technology Select Sector SPDR is a Sector ETF) company in the ETF sector.
ApexVol Terminal
Options analytics, live.
Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.
- Live chains and Greeks
- IV rank and percentile
- Expected move and GEX
- Screener and strategy P&L
Free on AAPL, no account. Trial: no charge if you cancel before it ends.
XLK options market overview
XLK options provide trading opportunities for options traders.
- Average daily volume
- N/A
- Total open interest
- N/A
- Put/call ratio
- N/A
- Typical ATM spread
- N/A
- Weekly options
- Available
- LEAPS available
- Yes
Liquidity assessment: Excellent
XLK options provide trading opportunities across multiple expirations.
XLK implied volatility and IV rank
XLK implied volatility patterns reflect the sector etf sector dynamics.
Earnings impact
IV typically expands before earnings and contracts after the announcement.
The post-earnings volatility drop is known as IV crush. Holders of short XLK options should also understand early assignment risk around dividends and expiration.
Historical volatility vs IV
XLK IV generally trades near historical volatility, with premiums expanding around earnings.
Term structure
Typically upward sloping under normal conditions.
The smile, the term structure and the cone for XLK, on today's chain.
Open XLK in IV IntelligenceXLK gamma exposure (GEX)
Gamma Exposure analysis for XLK reveals dealer hedging dynamics at key strike levels.
- Typical GEX profile. XLK tends to operate in a positive gamma environment during normal conditions.
- Key levels.
- Dealer hedging.
Where the gamma sits on XLK right now, strike by strike.
See live XLK GEXCommon XLK options strategies
These are strategies commonly used by traders on XLK options, based on typical market characteristics. This is not investment advice.
Key considerations for XLK options
- Monitor XLK earnings dates for IV expansion/contraction patterns
- Consider the stock's beta when sizing options positions
- XLK options liquidity varies by expiration - prefer near-term and monthly expirations
XLK key events
Earnings months. January, April, July, October
XLK options data by API, or in Claude
Every number on this page is one request away. The implied volatility API returns XLK's IV rank and percentile, the gamma exposure API its dealer positioning by strike, and the chain API every strike with Greeks. Connected to the ApexVol MCP server, Claude, Cursor or ChatGPT can ask for them in plain English.
curl -H "Authorization: Bearer avmcp_YOUR_TOKEN" \
"https://apexvol.com/api/mcp/data/iv-rank/XLK"What is XLK's IV rank right now, and where is its gamma flip?
Claude calls get_iv_rank and get_gexTry GEX on XLK in the console, more prompts for XLK, or set the server up in Claude Desktop, Claude Code, Cursor or ChatGPT.
- Written by
- ApexVol Research Team
Quantitative options research. All calculations use live institutional-grade data — the same source professional volatility desks use. - Reviewed by
- Ryan Silk, ApexVol Founder
Reviewed for technical accuracy. 10+ years trading options; built ApexVol's pricing engine, Greeks model and IV-rank methodology.
Revised as market conditions and institutional data change. Last revised 2026-10-26. How we research →
Track this name's volatility weekly. The week's biggest IV movers and the expected earnings moves, straight from the data.
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Questions
Frequently asked
about XLK options.
What is XLK's typical implied volatility?
XLK implied volatility typically ranges from 12% - 35%. IV patterns are influenced by earnings, sector events, and market conditions.
Does XLK have weekly options?
Yes, XLK offers weekly options expirations.
What is XLK's options trading profile?
XLK (Technology Select Sector SPDR) options trade with excellent liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 12% - 35% range. The position sits in the ETF category for portfolio diversification and options strategy design.
How does XLK implied volatility behave around earnings?
IV typically expands before earnings and contracts after the announcement. Next scheduled earnings: See earnings calendar. Traders often size short premium positions for the post-earnings IV crush, while long premium buyers should be aware that the IV decline can outweigh small directional moves.
What options strategies work well on XLK?
Popular strategies on XLK options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 12% - 35% typical range, days to next earnings, and the trader's directional outlook. Higher IV regimes favour premium-selling strategies; lower IV regimes favour directional debit spreads or long premium plays.
What is XLK's gamma exposure (GEX)?
Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence XLK's intraday price action. XLK tends to operate in a positive gamma environment during normal conditions. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live XLK GEX levels and the gamma-flip point on ApexVol.
What is XLK's IV rank?
XLK's IV rank shows where XLK's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. XLK implied volatility typically ranges from 12% - 35%. Check XLK's live IV rank and percentile on ApexVol's IV analytics.
Keep reading
Where XLK
gets priced.
XLK analytics
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