Max Pain (Strike Pegger) — XLRE
Data as of
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.
IV QuoteOption ChainPrice History10 Day SnapshotStrike PeggerVolatility SkewTrade Finder
Daily History — expiration Nov 20, 2026
Open Interest by Strike
Strike Peg is 42.00, Bias: 41.64 (expiration Nov 20, 2026) — 5.8% below the last price of 44.58; open interest 5.09K calls / 4.07K puts (put/call 0.80).
By Expiration
Max Pain© is a registered trademark. The peg is computed from open interest in the day's option snapshot.