Real Estate Select Sector... (XLRE)
Real Estate Select Sector SPDR Fund Max Pain By Strike
XLRE trades at $42.14, pinned near the near-term max pain of $42 expiring Sep 19, 2025 (25 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($40-$99), signaling increased put positioning or downside protection. Key magnetic zone at 42 where 4 expirations converge.
Real Estate Select Sector SPDR Fund Max Pain By Expiry
Max pain for XLRE shows a downward trend from 99 to 40, indicating bearish sentiment or hedging activity. The 119% spread signals divergent expectations across timeframes. Most levels below 42.14 may cap rallies. Strong magnetic level at 42 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 42 | -0.14 (-0.33%) |
| Oct 17, 2025 | 42 | -0.14 (-0.33%) |
| Nov 21, 2025 | 42 | -0.14 (-0.33%) |
| Dec 19, 2025 | 60 | 17.86 (42.38%) |
| Jan 16, 2026 | 42 | -0.14 (-0.33%) |
| Feb 20, 2026 | 41 | -1.14 (-2.71%) |
| Mar 20, 2026 | 40 | -2.14 (-5.08%) |
| Dec 18, 2026 | 99 | 56.86 (134.93%) |
| Jan 15, 2027 | 40 | -2.14 (-5.08%) |