XLE Options Are Pricing a ±$1.97 Move Into August 7 — and a Wall at $60

Hey, it's August 1, 2026, and we're talking State Street Energy Select Sector SPDR ETF — ticker XLE. It closed Thursday at $59.55, and the options market right now reads neutral with a bullish tilt. Traders are pricing a range of $57.58 to $61.52 through the August 7 options expiration. That's the box we're playing in for the next several trading days. The one number that breaks this whole…

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