# CWVX Max Pain (Strike Pegger)

> CWVX 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.

## CWVX quote

| Field | Value |
|---|---|
| Last | 4.53 |
| Change | -0.65 |
| Open | 5.09 |
| Previous | 5.18 |
| High | 5.12 |
| Low | 3.83 |
| Bid | - |
| Ask | - |
| Volume | 5,657,884 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | Dec 2, 2025 |
| Impl Vol | 204.1% |
| Hist Vol | 194.4% |
| Opt Volume | 822 |
| Open Int | 17,773 |

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/CWVX.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 | 6.00 | 4.53 | 6.85 | 5,285 | 2,550 |
| Nov 12, 2026 | 6.00 | 5.18 | 6.94 | 5,313 | 2,694 |
| Nov 11, 2026 | 6.00 | 6.01 | 6.82 | 5,481 | 2,746 |
| Nov 10, 2026 | 7.00 | 4.02 | 7.46 | 4,645 | 2,714 |
| Nov 9, 2026 | 7.00 | 4.05 | 7.55 | 4,588 | 2,670 |
| Nov 6, 2026 | 7.00 | 3.64 | 7.97 | 4,206 | 2,580 |
| Nov 5, 2026 | 8.00 | 3.26 | 8.84 | 3,801 | 2,550 |
| Nov 4, 2026 | 8.00 | 4.05 | 9.12 | 3,938 | 2,578 |
| Nov 3, 2026 | 8.00 | 5.04 | 9.21 | 3,856 | 2,586 |
| Nov 2, 2026 | 8.00 | 4.43 | 9.34 | 3,819 | 2,596 |
| Oct 30, 2026 | 8.00 | 5.37 | 9.70 | 3,421 | 2,611 |

## Open Interest by Strike

**Strike Peg is 6.00, Bias: 6.85** (expiration Nov 20, 2026) — 32.5% above the last price of 4.53; open interest 5.29K calls / 2.55K puts (put/call 0.48).

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 | 15,219 |
| 2.00 | 34 | 10 | 12,672 |
| 3.00 | 231 | 562 | 10,169 |
| 4.00 | 224 | 203 | 8,459 |
| 5.00 | 963 | 264 | 7,176 |
| 6.00 | 458 | 338 | 7,120 |
| 7.00 | 418 | 189 | 7,860 |
| 8.00 | 810 | 354 | 9,207 |
| 9.00 | 570 | 78 | 11,718 |
| 10.00 | 299 | 122 | 14,877 |
| 11.00 | 161 | 103 | 18,457 |
| 12.00 | 90 | 131 | 22,301 |
| 13.00 | 347 | 35 | 26,366 |
| 14.00 | 178 | 30 | 30,813 |
| 15.00 | 42 | 49 | 35,468 |
| 16.00 | 28 | 41 | 40,214 |
| 17.00 | 58 | 0 | 45,029 |
| 18.00 | 50 | 5 | 49,902 |
| 19.00 | 10 | 5 | 54,830 |
| 20.00 | 72 | 21 | 59,773 |
| 21.00 | 7 | 0 | 64,809 |
| 22.00 | 35 | 0 | 69,852 |
| 23.00 | 51 | 0 | 74,930 |
| 24.00 | 2 | 0 | 80,059 |
| 25.00 | 12 | 10 | 85,190 |
| 26.00 | 6 | 0 | 90,343 |
| 27.00 | 1 | 0 | 95,502 |
| 28.00 | 22 | 0 | 100,662 |
| 29.00 | 5 | 0 | 105,844 |
| 30.00 | 98 | 0 | 111,031 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 6.00 | 4.53 | 6.85 | 5,285 | 2,550 |
| Nov 21, 2026 | 6.00 | 4.53 | 6.85 | 5,285 | 2,550 |
| Dec 19, 2026 | 8.00 | 4.53 | 9.69 | 5,821 | 1,293 |
| Mar 20, 2027 | 6.00 | 4.53 | 8.14 | 1,536 | 430 |
| Jun 19, 2027 | 7.00 | 4.53 | 6.36 | 520 | 338 |

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

## More for CWVX

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

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