# BHC Max Pain (Strike Pegger)

> BHC 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.

## BHC quote

| Field | Value |
|---|---|
| Last | 8.29 |
| Change | -0.11 |
| Open | 8.39 |
| Previous | 8.40 |
| High | 8.39 |
| Low | 8.16 |
| Bid | - |
| Ask | - |
| Volume | 2,377,785 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | - |
| Impl Vol | 52.8% |
| Hist Vol | 59.7% |
| Opt Volume | 260 |
| Open Int | 162,366 |

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, 2027-04-16, 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/BHC.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 | 8.50 | 8.29 | 8.02 | 809 | 1,001 |
| Nov 9, 2026 | 7.00 | 8.40 | 7.43 | 822 | 472 |
| Nov 6, 2026 | 6.00 | 8.18 | 6.20 | 822 | 58 |
| Nov 5, 2026 | 6.00 | 7.96 | 6.20 | 816 | 58 |
| Nov 4, 2026 | 6.00 | 8.34 | 6.20 | 723 | 57 |
| Nov 3, 2026 | 6.00 | 8.14 | 6.35 | 724 | 62 |
| Nov 2, 2026 | 6.00 | 8.02 | 6.25 | 718 | 57 |
| Oct 30, 2026 | 6.00 | 8.20 | 6.20 | 736 | 45 |
| Oct 29, 2026 | 1.00 | 8.91 | 1.91 | 542 | 2 |
| Oct 28, 2026 | 1.00 | 6.92 | 2.58 | 523 | 3 |
| Oct 27, 2026 | 1.00 | 6.31 | 2.58 | 523 | 3 |
| Oct 26, 2026 | 1.00 | 6.35 | 1.91 | 523 | 2 |
| Oct 23, 2026 | 1.00 | 6.44 | 1.91 | 513 | 2 |

## Open Interest by Strike

**Strike Peg is 8.50, Bias: 8.02** (expiration Nov 13, 2026) — 2.5% above the last price of 8.29; open interest 809 calls / 1.00K puts (put/call 1.24).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 18 of 32 strikes: those with open interest; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 1.00 | 28 | 1 | 7,745 |
| 2.00 | 2 | 1 | 6,773 |
| 2.50 | 3 | 0 | 6,289 |
| 3.00 | 4 | 0 | 5,806 |
| 3.50 | 3 | 0 | 5,325 |
| 4.00 | 2 | 0 | 4,845 |
| 4.50 | 2 | 0 | 4,367 |
| 6.00 | 107 | 2 | 2,934 |
| 6.50 | 4 | 6 | 2,511 |
| 7.00 | 242 | 0 | 2,093 |
| 7.50 | 5 | 7 | 1,796 |
| 8.00 | 37 | 3 | 1,505 |
| 8.50 | 187 | 477 | 1,234 |
| 9.00 | 179 | 500 | 1,295 |
| 9.50 | 4 | 0 | 1,696 |
| 14.00 | 0 | 1 | 5,318 |
| 15.00 | 0 | 2 | 6,124 |
| 17.00 | 0 | 1 | 7,740 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 13, 2026 | 8.50 | 8.29 | 8.02 | 809 | 1,001 |
| Nov 20, 2026 | 6.00 | 8.29 | 6.42 | 4,743 | 1,419 |
| Nov 21, 2026 | 6.00 | 8.29 | 6.42 | 4,743 | 1,419 |
| Nov 27, 2026 | 7.00 | 8.29 | 7.34 | 150 | 24 |
| Dec 19, 2026 | 8.00 | 8.29 | 7.81 | 809 | 678 |
| Jan 16, 2027 | 6.00 | 8.29 | 6.00 | 30,423 | 11,980 |
| Apr 17, 2027 | 7.00 | 8.29 | 7.04 | 1,693 | 783 |
| Jan 22, 2028 | 7.00 | 8.29 | 6.18 | 5,093 | 14,585 |
| Jan 20, 2029 | 7.00 | 8.29 | 6.99 | 22 | 1,221 |

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

## More for BHC

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

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