# AMAT Max Pain (Strike Pegger)

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

Data as of Nov 12, 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.

## AMAT quote

| Field | Value |
|---|---|
| Last | 380.95 |
| Change | -14.13 |
| Open | 378.00 |
| Previous | 395.08 |
| High | 397.20 |
| Low | 376.09 |
| Bid | - |
| Ask | - |
| Volume | 8,474,043 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | Apr 17, 2002 |
| Impl Vol | 79.9% |
| Hist Vol | 62.2% |
| Opt Volume | 99,987 |
| Open Int | 595,790 |

Expiration: Nov 13, 2026.

All expirations: 2026-11-13, 2026-11-20, 2026-11-27, 2026-12-04, 2026-12-11, 2026-12-18, 2026-12-24, 2026-12-31, 2027-01-15, 2027-02-19, 2027-03-19, 2027-04-16, 2027-06-17, 2027-09-17, 2027-12-17, 2028-01-21, 2028-12-15, 2029-01-19.

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/AMAT.md?expiration=2026-11-13`.

## Daily History — expiration Nov 13, 2026

| Date | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 12, 2026 | 365.00 | 380.95 | 371.86 | 24,619 | 16,101 |
| Nov 11, 2026 | 365.00 | 395.08 | 369.92 | 20,317 | 13,402 |
| Nov 10, 2026 | 365.00 | 372.53 | 369.53 | 18,641 | 11,546 |
| Nov 9, 2026 | 365.00 | 370.55 | 370.31 | 14,652 | 10,264 |
| Nov 6, 2026 | 365.00 | 332.72 | 376.68 | 12,092 | 9,138 |
| Nov 5, 2026 | 425.00 | 319.25 | 420.97 | 8,370 | 8,664 |
| Nov 4, 2026 | 430.00 | 369.40 | 429.50 | 7,529 | 8,551 |
| Nov 3, 2026 | 430.00 | 381.92 | 433.76 | 6,572 | 8,230 |
| Nov 2, 2026 | 437.50 | 374.53 | 443.04 | 5,996 | 7,612 |
| Oct 30, 2026 | 440.00 | 390.09 | 445.11 | 5,936 | 7,416 |
| Oct 29, 2026 | 445.00 | 421.66 | 445.86 | 5,547 | 7,385 |
| Oct 28, 2026 | 450.00 | 416.00 | 451.91 | 5,567 | 8,870 |
| Oct 27, 2026 | 450.00 | 395.93 | 452.68 | 4,998 | 8,391 |
| Oct 26, 2026 | 455.00 | 387.59 | 454.70 | 2,618 | 6,282 |
| Oct 23, 2026 | 455.00 | 377.24 | 457.48 | 2,451 | 6,422 |

## Open Interest by Strike

**Strike Peg is 365.00, Bias: 371.86** (expiration Nov 13, 2026) — 4.2% below the last price of 380.95; open interest 24.62K calls / 16.10K puts (put/call 0.65).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 30 of 150 strikes: those with open interest within 10% of the last price; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 345.00 | 229 | 285 | 284,095 |
| 347.50 | 1,056 | 379 | 267,195 |
| 350.00 | 325 | 583 | 253,883 |
| 352.50 | 55 | 30 | 242,840 |
| 355.00 | 104 | 246 | 232,010 |
| 357.50 | 1,069 | 174 | 222,055 |
| 360.00 | 79 | 334 | 215,208 |
| 362.50 | 93 | 168 | 209,393 |
| 365.00 | 173 | 2,014 | 204,230 |
| 367.50 | 64 | 130 | 204,535 |
| 370.00 | 595 | 560 | 205,325 |
| 372.50 | 64 | 126 | 209,003 |
| 375.00 | 121 | 203 | 213,155 |
| 377.50 | 150 | 94 | 218,118 |
| 380.00 | 292 | 229 | 223,690 |
| 382.50 | 48 | 114 | 230,565 |
| 385.00 | 269 | 172 | 237,845 |
| 387.50 | 34 | 180 | 246,228 |
| 390.00 | 503 | 300 | 255,145 |
| 392.50 | 85 | 17 | 266,070 |
| 395.00 | 224 | 129 | 277,250 |
| 397.50 | 100 | 159 | 289,313 |
| 400.00 | 721 | 178 | 302,023 |
| 402.50 | 224 | 15 | 316,980 |
| 405.00 | 227 | 98 | 332,535 |
| 407.50 | 73 | 14 | 348,903 |
| 410.00 | 820 | 154 | 365,488 |
| 412.50 | 72 | 13 | 384,508 |
| 415.00 | 273 | 71 | 403,740 |
| 417.50 | 105 | 14 | 423,833 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 13, 2026 | 365.00 | 380.95 | 371.86 | 24,619 | 16,101 |
| Nov 20, 2026 | 420.00 | 380.95 | 419.48 | 45,088 | 40,867 |
| Nov 21, 2026 | 420.00 | 380.95 | 419.48 | 45,088 | 40,867 |
| Nov 27, 2026 | 395.00 | 380.95 | 399.70 | 4,789 | 4,969 |
| Dec 19, 2026 | 400.00 | 380.95 | 381.16 | 36,661 | 47,720 |
| Jan 16, 2027 | 370.00 | 380.95 | 341.39 | 49,476 | 57,165 |
| Feb 20, 2027 | 460.00 | 380.95 | 459.15 | 9,441 | 20,185 |
| Mar 20, 2027 | 480.00 | 380.95 | 462.40 | 17,529 | 24,709 |
| Apr 17, 2027 | 440.00 | 380.95 | 449.70 | 4,293 | 8,148 |
| Jun 19, 2027 | 420.00 | 380.95 | 395.98 | 25,350 | 66,127 |
| Sep 18, 2027 | 450.00 | 380.95 | 471.89 | 3,393 | 12,515 |
| Jan 22, 2028 | 400.00 | 380.95 | 395.38 | 14,998 | 16,524 |
| Jan 20, 2029 | 380.00 | 380.95 | 370.99 | 2,115 | 2,732 |

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

## More for AMAT

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

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