# ANNX Max Pain (Strike Pegger)

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

Data as of Nov 10, 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.

## ANNX quote

| Field | Value |
|---|---|
| Last | 4.21 |
| Change | -0.02 |
| Open | 4.30 |
| Previous | 4.23 |
| High | 4.37 |
| Low | 4.11 |
| Bid | - |
| Ask | - |
| Volume | 4,596,063 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | - |
| Impl Vol | 275.6% |
| Hist Vol | 71.8% |
| Opt Volume | 1,077 |
| Open Int | 110,301 |

Expiration: Nov 20, 2026.

All expirations: 2026-11-20, 2026-12-18, 2027-01-15, 2027-04-16, 2028-01-21, 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/ANNX.md?expiration=2026-11-20`.

## Daily History — expiration Nov 20, 2026

| Date | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 10, 2026 | 4.00 | 4.21 | 3.93 | 5,684 | 464 |
| Nov 9, 2026 | 4.00 | 4.23 | 3.93 | 5,283 | 464 |
| Nov 6, 2026 | 4.00 | 4.20 | 3.93 | 5,281 | 464 |
| Nov 5, 2026 | 4.00 | 4.01 | 3.91 | 5,219 | 365 |
| Nov 4, 2026 | 4.00 | 4.33 | 3.91 | 5,219 | 365 |
| Nov 3, 2026 | 4.00 | 4.19 | 3.91 | 5,083 | 365 |
| Nov 2, 2026 | 4.00 | 3.94 | 3.91 | 5,074 | 365 |
| Oct 30, 2026 | 4.00 | 4.05 | 3.91 | 5,069 | 365 |

## Open Interest by Strike

**Strike Peg is 4.00, Bias: 3.93** (expiration Nov 20, 2026) — 5.0% below the last price of 4.21; open interest 5.68K calls / 464 puts (put/call 0.08).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 6 of 7 strikes: those with open interest; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 2.00 | 10 | 4 | 815 |
| 3.00 | 5 | 105 | 365 |
| 4.00 | 5,123 | 355 | 25 |
| 5.00 | 317 | 0 | 5,163 |
| 6.00 | 227 | 0 | 10,618 |
| 7.00 | 2 | 0 | 16,300 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 4.00 | 4.21 | 3.93 | 5,684 | 464 |
| Nov 21, 2026 | 4.00 | 4.21 | 3.93 | 5,684 | 464 |
| Dec 19, 2026 | 5.00 | 4.21 | 4.41 | 29,792 | 6,715 |
| Jan 16, 2027 | 5.00 | 4.21 | 5.10 | 42,779 | 23,976 |
| Apr 17, 2027 | 4.00 | 4.21 | 3.67 | 684 | 6 |
| Jan 20, 2029 | 3.00 | 4.21 | 2.22 | 155 | 5 |

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

## More for ANNX

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

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