# CRCA Max Pain (Strike Pegger)

> CRCA 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.

## CRCA quote

| Field | Value |
|---|---|
| Last | 9.17 |
| Change | -0.51 |
| Open | 9.39 |
| Previous | 9.68 |
| High | 9.64 |
| Low | 8.67 |
| Bid | - |
| Ask | - |
| Volume | 459,707 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | Feb 26, 2026 |
| Impl Vol | 153.5% |
| Hist Vol | 178.9% |
| Opt Volume | 105 |
| Open Int | 3,746 |

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/CRCA.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 | 15.00 | 9.17 | 14.74 | 991 | 814 |
| Nov 12, 2026 | 15.00 | 9.68 | 14.76 | 993 | 802 |
| Nov 11, 2026 | 16.00 | 10.77 | 15.55 | 828 | 794 |
| Nov 10, 2026 | 16.00 | 10.10 | 16.11 | 796 | 799 |
| Nov 9, 2026 | 16.00 | 10.89 | 16.12 | 835 | 800 |
| Nov 6, 2026 | 16.00 | 11.03 | 16.12 | 837 | 811 |
| Nov 5, 2026 | 16.00 | 11.52 | 16.61 | 825 | 883 |
| Nov 4, 2026 | 16.00 | 14.07 | 16.75 | 791 | 883 |
| Nov 3, 2026 | 17.00 | 13.68 | 16.86 | 701 | 880 |
| Nov 2, 2026 | 17.00 | 12.65 | 16.88 | 697 | 855 |
| Oct 30, 2026 | 19.00 | 12.81 | 18.00 | 656 | 926 |

## Open Interest by Strike

**Strike Peg is 15.00, Bias: 14.74** (expiration Nov 20, 2026) — 63.6% above the last price of 9.17; open interest 991 calls / 814 puts (put/call 0.82).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 22 of 26 strikes: those with open interest; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 9.00 | 10 | 192 | 3,847 |
| 10.00 | 81 | 37 | 3,235 |
| 11.00 | 37 | 3 | 2,741 |
| 12.00 | 25 | 16 | 2,287 |
| 13.00 | 41 | 55 | 1,874 |
| 14.00 | 51 | 210 | 1,557 |
| 15.00 | 89 | 105 | 1,501 |
| 16.00 | 90 | 40 | 1,639 |
| 17.00 | 7 | 49 | 1,907 |
| 18.00 | 20 | 39 | 2,231 |
| 19.00 | 14 | 36 | 2,614 |
| 20.00 | 59 | 1 | 3,047 |
| 21.00 | 111 | 0 | 3,540 |
| 22.00 | 31 | 13 | 4,144 |
| 23.00 | 18 | 5 | 4,792 |
| 24.00 | 29 | 3 | 5,463 |
| 25.00 | 120 | 2 | 6,166 |
| 26.00 | 38 | 4 | 6,991 |
| 27.00 | 5 | 2 | 7,858 |
| 28.00 | 42 | 0 | 8,732 |
| 30.00 | 69 | 2 | 10,564 |
| 31.00 | 4 | 0 | 11,551 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 15.00 | 9.17 | 14.74 | 991 | 814 |
| Nov 21, 2026 | 15.00 | 9.17 | 14.74 | 991 | 814 |
| Dec 19, 2026 | 20.00 | 9.17 | 21.85 | 1,136 | 313 |
| Mar 20, 2027 | 15.00 | 9.17 | 15.82 | 235 | 131 |
| Jun 19, 2027 | 20.00 | 9.17 | 17.08 | 56 | 70 |

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

## More for CRCA

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

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