# CSEX Max Pain (Strike Pegger)

> CSEX 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.

## CSEX quote

| Field | Value |
|---|---|
| Last | 5.97 |
| Change | -0.73 |
| Open | 6.90 |
| Previous | 6.70 |
| High | 6.90 |
| Low | 5.36 |
| Bid | - |
| Ask | - |
| Volume | 330,906 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | - |
| Impl Vol | 167.2% |
| Hist Vol | 164.7% |
| Opt Volume | 20 |
| Open Int | 2,725 |

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/CSEX.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 | 7.00 | 5.97 | 7.85 | 692 | 271 |
| Nov 12, 2026 | 7.00 | 6.70 | 7.86 | 692 | 269 |
| Nov 11, 2026 | 10.00 | 6.13 | 10.16 | 292 | 275 |
| Nov 10, 2026 | 10.00 | 5.23 | 10.18 | 291 | 283 |
| Nov 9, 2026 | 10.00 | 5.19 | 10.19 | 298 | 286 |
| Nov 6, 2026 | 10.00 | 4.48 | 10.21 | 300 | 299 |
| Nov 5, 2026 | 10.00 | 4.43 | 11.37 | 302 | 350 |
| Nov 4, 2026 | 10.00 | 6.00 | 11.42 | 301 | 347 |
| Nov 3, 2026 | 11.00 | 7.33 | 11.57 | 285 | 349 |
| Nov 2, 2026 | 11.00 | 6.77 | 11.66 | 301 | 329 |
| Oct 30, 2026 | 11.00 | 7.70 | 11.95 | 287 | 323 |

## Open Interest by Strike

**Strike Peg is 7.00, Bias: 7.85** (expiration Nov 20, 2026) — 17.3% above the last price of 5.97; open interest 692 calls / 271 puts (put/call 0.39).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 20 of 22 strikes: those with open interest; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 3.00 | 0 | 1 | 1,572 |
| 4.00 | 0 | 11 | 1,302 |
| 5.00 | 4 | 6 | 1,043 |
| 6.00 | 3 | 13 | 794 |
| 7.00 | 408 | 24 | 561 |
| 8.00 | 19 | 97 | 760 |
| 9.00 | 45 | 35 | 1,075 |
| 10.00 | 38 | 28 | 1,470 |
| 11.00 | 38 | 20 | 1,931 |
| 12.00 | 10 | 13 | 2,450 |
| 13.00 | 36 | 7 | 2,992 |
| 14.00 | 5 | 16 | 3,577 |
| 15.00 | 7 | 0 | 4,183 |
| 16.00 | 35 | 0 | 4,796 |
| 17.00 | 2 | 0 | 5,444 |
| 18.00 | 10 | 0 | 6,094 |
| 19.00 | 5 | 0 | 6,754 |
| 20.00 | 22 | 0 | 7,419 |
| 21.00 | 1 | 0 | 8,106 |
| 22.00 | 4 | 0 | 8,794 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 7.00 | 5.97 | 7.85 | 692 | 271 |
| Nov 21, 2026 | 7.00 | 5.97 | 7.85 | 692 | 271 |
| Dec 19, 2026 | 8.00 | 5.97 | 9.33 | 1,383 | 99 |
| Mar 20, 2027 | 8.00 | 5.97 | 8.11 | 127 | 84 |
| Jun 19, 2027 | 5.00 | 5.97 | 5.41 | 56 | 13 |

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

## More for CSEX

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

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