# EWU Max Pain (Strike Pegger)

> EWU max pain chart: the strike where option writers' aggregate liability is minimized, daily and by expiration.

Data as of Nov 11, 2026 (end of day).

Max Pain© analysis: the peg is the strike where call and put writers' aggregate liability is minimized; the target price (bias) is where call and put liability converge.

## EWU quote

| Field | Value |
|---|---|
| Last | 47.82 |
| Change | -0.14 |
| Open | 47.66 |
| Previous | 47.96 |
| High | 47.91 |
| Low | 47.47 |
| Bid | - |
| Ask | - |
| Volume | 5,333,349 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | Nov 7, 2016 |
| Impl Vol | 13.9% |
| Hist Vol | 15.8% |
| Opt Volume | 158 |
| Open Int | 8,151 |

Expiration: Nov 20, 2026.

All expirations: 2026-11-20, 2026-12-18, 2027-01-15, 2027-04-16.

Change the view with query parameters: `expiration` (YYYY-MM-DD, the daily history and the by-strike profile), `date` (an earlier session). Example: `/quotes/strike-pegger/EWU.md?expiration=2026-11-20`.

## Daily History — expiration Nov 20, 2026

| Date | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 11, 2026 | 47.00 | 47.82 | 46.75 | 689 | 454 |
| Nov 10, 2026 | 47.00 | 47.96 | 47.10 | 687 | 454 |
| Nov 9, 2026 | 47.00 | 48.32 | 47.10 | 677 | 454 |
| Nov 6, 2026 | 47.00 | 47.22 | 47.10 | 677 | 455 |
| Nov 5, 2026 | 47.00 | 47.89 | 47.10 | 668 | 456 |
| Nov 4, 2026 | 47.00 | 48.93 | 47.07 | 702 | 456 |
| Nov 3, 2026 | 47.00 | 47.30 | 47.07 | 701 | 456 |
| Nov 2, 2026 | 47.00 | 48.03 | 47.08 | 703 | 456 |
| Oct 30, 2026 | 47.00 | 47.83 | 47.08 | 703 | 456 |

## Open Interest by Strike

**Strike Peg is 47.00, Bias: 46.75** (expiration Nov 20, 2026) — 1.7% below the last price of 47.82; open interest 689 calls / 454 puts (put/call 0.66).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 8 of 21 strikes: those with open interest; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 42.00 | 0 | 4 | 1,702 |
| 44.00 | 2 | 6 | 802 |
| 45.00 | 2 | 104 | 360 |
| 46.00 | 1 | 329 | 24 |
| 47.00 | 14 | 8 | 18 |
| 48.00 | 85 | 1 | 34 |
| 49.00 | 568 | 0 | 136 |
| 50.00 | 17 | 2 | 806 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 47.00 | 47.82 | 46.75 | 689 | 454 |
| Nov 21, 2026 | 47.00 | 47.82 | 46.75 | 689 | 454 |
| Dec 19, 2026 | 50.00 | 47.82 | 49.63 | 443 | 380 |
| Jan 16, 2027 | 48.00 | 47.82 | 48.04 | 2,479 | 2,307 |
| Apr 17, 2027 | 54.00 | 47.82 | 54.03 | 393 | 1,006 |

Max Pain© is a registered trademark. The peg is computed from open interest in the day's option snapshot.

## More for EWU

- [Quote](https://www.optionistics.com/quotes/stock-quotes/EWU.md)
- [Option chain](https://www.optionistics.com/quotes/stock-option-chains/EWU.md)
- [Price history](https://www.optionistics.com/quotes/stock-prices/EWU.md)
- [10 day snapshot](https://www.optionistics.com/snapshot.md?symbol=EWU)
- [Strike Pegger (max pain)](https://www.optionistics.com/quotes/strike-pegger/EWU.md)
- [Volatility skew](https://www.optionistics.com/screener/volatility-skew/EWU.md)
- [Put/call ratio](https://www.optionistics.com/screener/put-call-ratio/EWU.md)
- [Trade finder](https://www.optionistics.com/screener/stock-trade-finder/EWU.md)

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