About XLV options

How to read the XLV options chain

Each row is a strike. Calls sit to the left of the strike and puts to the right, with the rows in the money shaded and a line marking where XLV trades now. Bid is what buyers will pay and ask is what sellers want; a tight spread means the contract is liquid. IV is the implied volatility the price implies, and Δ is how much the option moves for a $1 move in the stock. Click a bid to model selling that contract, or an ask to model buying it, in the options calculator, with its payoff diagram, breakevens and Greeks.

XLV options strategies to model

Start from a template built on the live XLV chain. Each opens in Build with strikes chosen from the current chain so you can adjust and compare, and each guide explains how the trade works.

• XLV covered call·how it works: the covered call guide
• XLV cash-secured put·how it works: the cash-secured put guide
• XLV bull call spread·how it works: the bull call spread guide
• XLV iron condor·how it works: the iron condor guide
• XLV straddle