01 — XLE · BEAR CALL SPREADS

Best XLE bear call spreads setups.

Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.

Energy-sector ETF heavy in supermajors, with options flow tied to crude prices and OPEC headlines.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD

Energy Select Sector SPDR

Sector ETF

XLE

$70.02+13.8% / 30d

IV rank (1y)

44.1% · moderate

Option vol

39K /day

02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.

Days to expiration

Probability of profit

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Top pick · credit spread

$72/$74 call spread · Dec 4

34 DAYS · 2.8% OTM · 2 WIDE · SELL TO OPEN

Credit

$74

Return

58.73%

PoP

60%

Spread	Expiration	Credit	Return ↓	PoP
$72.5 / $75 3.5% OTM · 3 wide	Nov 27 27 days	$68 $0.68 / share	37.36%	65%
$73 / $75 4.3% OTM · 2 wide	Nov 27 27 days	$52 $0.52 / share	35.14%	67%
$73 / $75 4.3% OTM · 2 wide	Dec 4 34 days	$52 $0.52 / share	35.14%	66%
$72 / $75 2.8% OTM · 3 wide	Nov 27 27 days	$70 $0.70 / share	30.43%	64%
$72.5 / $75 3.5% OTM · 3 wide	Dec 4 34 days	$58 $0.58 / share	30.21%	64%
$73.5 / $75 5.0% OTM · 2 wide	Dec 4 34 days	$29 $0.29 / share	23.97%	70%
$73.5 / $75 5.0% OTM · 2 wide	Nov 27 27 days	$26 $0.26 / share	20.97%	71%
$74 / $75 5.7% OTM · 1 wide	Dec 4 34 days	$9 $0.09 / share	9.89%	72%