Options picks · XLP
Tao defaults · OTM onlyCall (long)
call
XLP 83C 2026-07-17
· 45 DTE
- Strike
- $83.00
- Bid / Ask
- $0.98 / $1.64
- Mid (est. cost)
- $1.31
- Delta
- 0.46
- IV
- 18.6%
- Moneyness
- OTM
- Breakeven
- $84.31
- Max risk / contract
- $131
- OI / Vol
- 781 / 164
- Liquidity
- Thin
IV elevated
· +35% vs 21d baseline
(13.8%)
Put (short)
put
XLP 83P 2026-07-17
· 45 DTE
- Strike
- $83.00
- Bid / Ask
- $2.20 / $2.84
- Mid (est. cost)
- $2.52
- Delta
- 0.54
- IV
- 18.9%
- Moneyness
- ITM
- Breakeven
- $80.48
- Max risk / contract
- $252
- OI / Vol
- 2,601 / 476
- Liquidity
- Thin
IV elevated
· +37% vs 21d baseline
(13.8%)
Options shown are sized using site defaults (OTM ~5% from spot, swing horizon). Always do your own due diligence before placing a trade.