# CORD Max Pain (Strike Pegger)

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

Data as of Nov 13, 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.

## CORD quote

| Field | Value |
|---|---|
| Last | 4.14 |
| Change | +0.47 |
| Open | 3.76 |
| Previous | 3.67 |
| High | 4.64 |
| Low | 3.72 |
| Bid | - |
| Ask | - |
| Volume | 29,363,258 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | - |
| Impl Vol | 194.5% |
| Hist Vol | 206.2% |
| Opt Volume | 933 |
| Open Int | 12,712 |

Expiration: Nov 20, 2026.

All expirations: 2026-11-20, 2026-12-18, 2027-01-15, 2027-03-19, 2027-06-17, 2028-01-21.

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

## Daily History — expiration Nov 20, 2026

| Date | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 13, 2026 | 4.00 | 4.14 | 4.41 | 4,188 | 747 |
| Nov 12, 2026 | 5.00 | 3.67 | 4.38 | 4,213 | 767 |
| Nov 11, 2026 | 5.00 | 3.24 | 5.00 | 1,718 | 559 |
| Nov 10, 2026 | 5.00 | 6.43 | 5.01 | 1,314 | 539 |
| Nov 9, 2026 | 5.00 | 6.35 | 4.99 | 1,292 | 527 |
| Nov 6, 2026 | 5.00 | 7.16 | 4.93 | 1,294 | 512 |
| Nov 5, 2026 | 5.00 | 8.21 | 4.86 | 1,537 | 452 |
| Nov 4, 2026 | 5.00 | 6.84 | 4.86 | 1,224 | 439 |
| Nov 3, 2026 | 5.00 | 5.70 | 4.85 | 1,184 | 398 |
| Nov 2, 2026 | 5.00 | 6.66 | 4.78 | 1,126 | 316 |
| Oct 30, 2026 | 5.00 | 5.68 | 4.78 | 1,100 | 368 |

## Open Interest by Strike

**Strike Peg is 4.00, Bias: 4.41** (expiration Nov 20, 2026) — 3.4% below the last price of 4.14; open interest 4.19K calls / 747 puts (put/call 0.18).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Every strike is listed.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 1.00 | 3 | 0 | 2,333 |
| 2.00 | 6 | 8 | 1,589 |
| 3.00 | 111 | 297 | 859 |
| 4.00 | 221 | 116 | 537 |
| 5.00 | 2,044 | 267 | 552 |
| 6.00 | 880 | 43 | 2,878 |
| 7.00 | 574 | 13 | 6,127 |
| 8.00 | 63 | 2 | 9,963 |
| 9.00 | 271 | 1 | 13,864 |
| 10.00 | 8 | 0 | 18,037 |
| 11.00 | 1 | 0 | 22,218 |
| 12.00 | 6 | 0 | 26,400 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 4.00 | 4.14 | 4.41 | 4,188 | 747 |
| Nov 21, 2026 | 4.00 | 4.14 | 4.41 | 4,188 | 747 |
| Dec 19, 2026 | 4.00 | 4.14 | 4.90 | 584 | 193 |
| Jan 16, 2027 | 12.00 | 4.14 | 10.52 | 292 | 513 |
| Mar 20, 2027 | 12.00 | 4.14 | 10.64 | 154 | 433 |
| Jan 22, 2028 | 4.00 | 4.14 | 3.54 | 5,525 | 50 |

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

## More for CORD

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

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