XLE Implied Volatility
XLE $69.64 · Updated Oct 26, 4:00 PM ET
XLE at-the-money implied volatility is 19.9% for Oct 28, 2026 (2 days out). For Nov 27, 2026 it is 27.6%. 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 | 19.9% |
| Oct 30, 2026 | 4 | 69.5 | 34.2% |
| Nov 2, 2026 | 7 | 70 | 30.3% |
| Nov 4, 2026 | 9 | 70 | 36.8% |
| Nov 6, 2026 | 11 | 69.5 | 29.2% |
| Nov 9, 2026 | 14 | 70 | 37.6% |
| Nov 13, 2026 | 18 | 70 | 31.7% |
| Nov 20, 2026 | 25 | 69.5 | 28.1% |
| Nov 27, 2026 | 32 | 70 | 27.6% |
| Dec 4, 2026 | 39 | 69.5 | 29.3% |
| Dec 18, 2026 | 53 | 70 | 28.2% |
| Dec 31, 2026 | 66 | 70 | 29.0% |
SKEW, OCT 28, 2026
| Strike | Call IV | Put IV |
|---|---|---|
| 62 | 0.0% | 280.7% |
| 63 | 0.0% | 147.3% |
| 64 | 0.0% | 157.8% |
| 65 | 0.0% | 45.1% |
| 66 | 27.3% | 43.3% |
| 67 | 0.0% | 36.5% |
| 68 | 0.0% | 31.4% |
| 69 | 33.0% | 32.9% |
| 70 | 24.1% | 15.6% |
| 71 | 31.2% | 39.1% |
| 72 | 29.3% | 37.0% |
| 73 | 35.6% | 36.5% |
| 74 | 80.5% | 43.6% |
| 75 | 44.1% | 44.4% |
| 76 | 50.9% | 51.1% |
| 77 | 57.5% | 57.7% |
| 78 | 63.9% | 64.1% |
How this is calculated: Implied Volatility methodology