# APP Max Pain (Strike Pegger)

> APP 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.

## APP quote

| Field | Value |
|---|---|
| Last | 395.51 |
| Change | -14.49 |
| Open | 405.59 |
| Previous | 410.00 |
| High | 408.65 |
| Low | 383.31 |
| Bid | - |
| Ask | - |
| Volume | 5,428,404 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | - |
| Impl Vol | 60.5% |
| Hist Vol | 76.3% |
| Opt Volume | 45,487 |
| Open Int | 454,484 |

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, 2027-01-15, 2027-02-19, 2027-03-19, 2027-05-21, 2027-06-17, 2027-09-17, 2027-12-17, 2028-01-21, 2028-06-16, 2028-09-15, 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/APP.md?expiration=2026-11-13`.

## Daily History — expiration Nov 13, 2026

| Date | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 10, 2026 | 355.00 | 395.51 | 343.83 | 20,085 | 20,314 |
| Nov 9, 2026 | 320.00 | 410.00 | 319.83 | 16,057 | 15,266 |
| Nov 6, 2026 | 285.00 | 391.22 | 292.50 | 10,269 | 10,398 |
| Nov 5, 2026 | 270.00 | 356.10 | 268.45 | 7,471 | 9,305 |
| Nov 4, 2026 | 270.00 | 271.75 | 267.78 | 5,787 | 7,095 |
| Nov 3, 2026 | 270.00 | 245.51 | 274.05 | 4,454 | 6,305 |
| Nov 2, 2026 | 277.50 | 228.85 | 278.30 | 3,742 | 6,186 |
| Oct 30, 2026 | 280.00 | 228.50 | 282.14 | 3,295 | 4,151 |
| Oct 29, 2026 | 285.00 | 254.91 | 285.46 | 3,033 | 3,799 |
| Oct 28, 2026 | 285.00 | 259.97 | 285.64 | 2,863 | 3,667 |
| Oct 27, 2026 | 285.00 | 262.82 | 286.79 | 2,475 | 3,613 |
| Oct 26, 2026 | 285.00 | 260.74 | 287.65 | 2,237 | 3,452 |
| Oct 23, 2026 | 285.00 | 260.25 | 287.64 | 2,195 | 3,224 |

## Open Interest by Strike

**Strike Peg is 355.00, Bias: 343.83** (expiration Nov 13, 2026) — 10.2% below the last price of 395.51; open interest 20.09K calls / 20.31K puts (put/call 1.01).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 32 of 156 strikes: those with open interest within 10% of the last price; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 357.50 | 112 | 78 | 435,863 |
| 360.00 | 158 | 472 | 436,528 |
| 362.50 | 75 | 136 | 438,768 |
| 365.00 | 243 | 171 | 441,535 |
| 367.50 | 26 | 112 | 445,338 |
| 370.00 | 219 | 142 | 449,485 |
| 372.50 | 14 | 100 | 454,535 |
| 375.00 | 460 | 131 | 459,870 |
| 377.50 | 13 | 81 | 466,683 |
| 380.00 | 271 | 404 | 473,730 |
| 382.50 | 19 | 69 | 482,465 |
| 385.00 | 176 | 346 | 491,420 |
| 387.50 | 76 | 117 | 501,680 |
| 390.00 | 492 | 474 | 512,423 |
| 392.50 | 346 | 1,080 | 525,580 |
| 395.00 | 160 | 130 | 542,303 |
| 397.50 | 78 | 44 | 559,750 |
| 400.00 | 1,549 | 187 | 577,503 |
| 402.50 | 65 | 48 | 599,595 |
| 405.00 | 197 | 69 | 621,970 |
| 407.50 | 144 | 58 | 645,010 |
| 410.00 | 482 | 177 | 668,555 |
| 412.50 | 81 | 18 | 693,748 |
| 415.00 | 292 | 49 | 719,188 |
| 417.50 | 139 | 4 | 745,480 |
| 420.00 | 898 | 31 | 772,130 |
| 422.50 | 472 | 96 | 801,103 |
| 425.00 | 878 | 26 | 831,495 |
| 427.50 | 152 | 30 | 864,148 |
| 430.00 | 897 | 32 | 897,255 |
| 432.50 | 100 | 14 | 932,685 |
| 435.00 | 610 | 22 | 968,400 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 13, 2026 | 355.00 | 395.51 | 343.83 | 20,085 | 20,314 |
| Nov 20, 2026 | 300.00 | 395.51 | 306.64 | 41,165 | 58,244 |
| Nov 21, 2026 | 300.00 | 395.51 | 306.64 | 41,165 | 58,244 |
| Nov 27, 2026 | 340.00 | 395.51 | 328.68 | 3,249 | 9,073 |
| Dec 19, 2026 | 340.00 | 395.51 | 330.96 | 31,481 | 27,839 |
| Jan 16, 2027 | 310.00 | 395.51 | 322.72 | 44,187 | 31,984 |
| Feb 20, 2027 | 320.00 | 395.51 | 339.34 | 11,801 | 12,495 |
| Mar 20, 2027 | 300.00 | 395.51 | 313.61 | 10,952 | 8,342 |
| May 22, 2027 | 350.00 | 395.51 | 334.53 | 1,643 | 3,889 |
| Jun 19, 2027 | 390.00 | 395.51 | 372.30 | 22,617 | 22,196 |
| Sep 18, 2027 | 320.00 | 395.51 | 303.10 | 1,057 | 2,900 |
| Jan 22, 2028 | 350.00 | 395.51 | 384.07 | 15,065 | 12,526 |
| Jan 20, 2029 | 230.00 | 395.51 | 271.06 | 2,164 | 3,009 |

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

## More for APP

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

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