XLP

Implied volatility · 30-day constant maturity

Term structure · constant maturity

38 consecutive sessions in contango (the normal upward slope).

Skew · risk reversal

Skew has been collected since 2026-07-30 only: the vendor serves no earlier history, so each percentile here is taken over all of it - the few weeks of readings there are, which the n beside it counts.

Next earnings: no earnings (ETF): the vendor serves no reports for the funds whose holdings are collected here, and this symbol is one of them.

DTE counts calendar days from 2026-09-25, the page's date and the earliest an entry could be made - not from the 2026-09-24 book the expiries and IVs come from, which would overstate it by 1 day; an expiry first listed after 2026-09-24 is not in the book and not here. A premarket report moves its own session and a postmarket one the next; one with no stated time is placed at the earlier of the two - or at the later, once the earlier is already in the 2026-09-25 close - so an expiry can be called spanning when it might not be, never the reverse. "spans +N": the expiry settles N calendar days after that session, and the line under it says whether the 28-DTE exit comes before it ("inside the exit": that date is already behind 2026-09-25, so it protects nothing); "clear N": it settles N days before it. Thesis = DTE − 28 (the hard exit is 21), cut to the last session before a report that comes first. Every expiry in the band is listed, and one that is not its month's standard monthly is marked — §1 of the trading rules admits no weeklies and no 0DTE, so those rows are context, not candidates; the monthly is read from core.option_expirations, which is derived from the session calendar, so a monthly pulled back to a Thursday by a holiday is the monthly here and carries no mark. ATM IV is the vendor's at the 2026-09-24 close, on the out-of-the-money side of the listed strike nearest book spot: a display selection, not a statistic, read at that one strike, so "no IV at X" is about X and not about its neighbours. The expected move is the vendor's, for the report the expiry spans. Every row links to that expiry on the strike axis below.

Chain · one strike axis

Book as of 2026-09-24: 1 session behind 2026-09-25: no XLP chain statistics (net_gex) dated after 2026-09-24 are knowable as of 2026-09-25, and no ticker has newer ones. The strikes drawn below are 2026-09-24's rows as stored now; the levels and statistics are the readings dated 2026-09-24, computed from those rows when the readings were derived, and a fetch of 2026-09-24 after that can revise rows. Open interest is what entered 2026-09-24 (OCC's settlement of 2026-09-23), valued at the 2026-09-24 close.