# BNDX Max Pain (Strike Pegger)

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

Data as of Nov 11, 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.

## BNDX quote

| Field | Value |
|---|---|
| Last | 47.47 |
| Change | +0.00 |
| Open | 47.43 |
| Previous | 47.47 |
| High | 47.49 |
| Low | 47.39 |
| Bid | - |
| Ask | - |
| Volume | 3,029,499 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | - |
| Impl Vol | 14.2% |
| Hist Vol | 4.2% |
| Opt Volume | 6 |
| Open Int | 700 |

Expiration: Nov 20, 2026.

All expirations: 2026-11-20, 2026-12-18, 2027-03-19, 2027-06-17.

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/BNDX.md?expiration=2026-11-20`.

## Daily History — expiration Nov 20, 2026

| Date | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 11, 2026 | 48.00 | 47.47 | 48.06 | 162 | 3 |
| Nov 10, 2026 | 48.00 | 47.47 | 48.13 | 162 | 6 |
| Nov 9, 2026 | 48.00 | 47.64 | 48.13 | 162 | 6 |
| Nov 6, 2026 | 48.00 | 47.59 | 48.08 | 161 | 5 |
| Nov 3, 2026 | 48.00 | 47.29 | 48.04 | 161 | 2 |
| Nov 2, 2026 | 48.00 | 47.35 | 48.13 | 161 | 7 |
| Oct 30, 2026 | 48.00 | 47.39 | 48.13 | 161 | 7 |

## Open Interest by Strike

**Strike Peg is 48.00, Bias: 48.06** (expiration Nov 20, 2026) — 1.1% above the last price of 47.47; open interest 162 calls / 3 puts (put/call 0.02).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 5 of 19 strikes: those with open interest; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 47.00 | 1 | 1 | 12 |
| 48.00 | 160 | 0 | 11 |
| 50.00 | 1 | 0 | 329 |
| 51.00 | 0 | 1 | 489 |
| 55.00 | 0 | 1 | 1,133 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 48.00 | 47.47 | 48.06 | 162 | 3 |
| Nov 21, 2026 | 48.00 | 47.47 | 48.06 | 162 | 3 |
| Dec 19, 2026 | 47.00 | 47.47 | 46.67 | 512 | 9 |

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

## More for BNDX

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

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