The invention discloses hydroxyl silicone oil and a continuous preparation method thereof.The method includes the following steps of firstly, adding hexamethyl cyclotrisiloxane, solvent and water into a mixing kettle to be evenly stirred and mixed, and transferring the mixture into a sulfuration bed filled with a catalyst to sufficiently react; secondly, conducting adsorption filtering, ultrafiltration membrane filtering, normal-pressure devolatiligation and reduced-pressure devolatiligation to obtain the hydroxyl silicone oil, recovering solvent and unreacted low-molecular compounds, detecting the contents of all components and then conducting recycling.The method is high in efficiency, low in energy consumption, free of pollutant emission, clean, sanitary and low in production cost, solvent and unreacted low-molecular compounds used in reaction can enter a reaction system to be recycled after the contents of all the components are detected, and the method is free of pollutant emission, green and environmentally friendly.The hydroxyl silicone oil is low in viscosity, high in product purity, low in annulus content, low in impurity ion content and high in storage stability.