3.59K calls and 5.68K puts traded on Nov 4, 2026, 9.27K contracts in total. Open interest was 232.3K contracts. Over the past 30 days, volume averaged 2.67K contracts per day. The XEL option volume chart shows volume by strike and expiration date.

Xcel Energy IV rank is 4, so its 30-day implied volatility of 21.0% is near the bottom of its one-year range. Over the past year it ranged from 15.4% on Dec 4, 2025 to 163.6% on Oct 16, 2026. See the XEL implied volatility history for a longer view.

The Xcel Energy put/call volume ratio was 1.58 on Nov 4, 2026, so puts outnumber calls. The put/call open interest ratio was 4.91. The XEL open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Xcel Energy options about one week from expiration was $75.00, 6.8% below the $80.51 close. The XEL max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 17.8%, options price a move of about ±$1.98 (±2.5%) over the next week, a range of roughly $78.53 to $82.49 from the Nov 4, 2026 close. The XEL expected move chart shows it for every expiration date.