XLE Implied Volatility
XLE $69.64 · Updated Oct 26, 4:00 PM ET
XLE at-the-money implied volatility is 38.4% for Oct 28, 2026 (2 days out). For Nov 27, 2026 it is 41.0%. Longer-dated volatility is priced at or above near-term volatility, the normal upward-sloping term structure.
TERM STRUCTURE (ATM IV)
| Expiration | DTE | ATM strike | ATM IV |
|---|---|---|---|
| Oct 28, 2026 | 2 | 70 | 38.4% |
| Oct 30, 2026 | 4 | 69.5 | 69.9% |
| Nov 2, 2026 | 7 | 70 | 55.7% |
| Nov 4, 2026 | 9 | 70 | 68.6% |
| Nov 6, 2026 | 11 | 69.5 | 41.2% |
| Nov 13, 2026 | 18 | 70 | 49.0% |
| Nov 20, 2026 | 25 | 69.5 | 35.0% |
| Nov 27, 2026 | 32 | 70 | 41.0% |
| Dec 4, 2026 | 39 | 69.5 | 45.8% |
| Dec 18, 2026 | 53 | 70 | 30.8% |
| Dec 31, 2026 | 66 | 70 | 38.9% |
| Jan 15, 2027 | 81 | 70 | 30.3% |
SKEW, OCT 28, 2026
| Strike | Call IV | Put IV |
|---|---|---|
| 62 | 79.7% | 283.6% |
| 63 | 70.3% | 156.8% |
| 64 | 60.9% | 164.0% |
| 65 | 54.7% | 46.9% |
| 66 | 187.6% | 48.0% |
| 67 | 99.7% | 37.5% |
| 68 | 70.5% | 55.4% |
| 69 | 41.6% | 35.4% |
| 70 | 37.7% | 39.2% |
| 71 | 43.4% | 121.0% |
| 72 | 34.4% | n/a |
| 73 | 41.6% | n/a |
| 74 | 81.4% | 186.1% |
| 75 | 49.2% | n/a |
| 76 | 51.6% | n/a |
How this is calculated: Implied Volatility methodology