# GSBD Max Pain (Strike Pegger)

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

Data as of Nov 12, 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.

## GSBD quote

| Field | Value |
|---|---|
| Last | 8.30 |
| Change | -0.20 |
| Open | 8.44 |
| Previous | 8.50 |
| High | 8.46 |
| Low | 8.30 |
| Bid | - |
| Ask | - |
| Volume | 874,581 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | - |
| Impl Vol | 0.0% |
| Hist Vol | 24.3% |
| Opt Volume | 5 |
| Open Int | 2,681 |

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

## Daily History — expiration Nov 20, 2026

| Date | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 12, 2026 | 10.00 | 8.30 | 9.29 | 22 | 5 |
| Nov 11, 2026 | 10.00 | 8.50 | 9.29 | 22 | 5 |
| Nov 10, 2026 | 10.00 | 8.50 | 9.29 | 22 | 5 |
| Nov 9, 2026 | 10.00 | 8.58 | 9.29 | 22 | 5 |
| Nov 6, 2026 | 10.00 | 8.64 | 9.29 | 22 | 5 |
| Nov 5, 2026 | 10.00 | 8.80 | 9.29 | 22 | 5 |
| Nov 4, 2026 | 10.00 | 8.94 | 9.38 | 22 | 6 |
| Nov 3, 2026 | 10.00 | 8.83 | 9.29 | 22 | 5 |
| Nov 2, 2026 | 10.00 | 8.92 | 9.29 | 22 | 4 |
| Oct 30, 2026 | 10.00 | 8.93 | 9.29 | 22 | 4 |

## Open Interest by Strike

**Strike Peg is 10.00, Bias: 9.29** (expiration Nov 20, 2026) — 20.5% above the last price of 8.30; open interest 22 calls / 5 puts (put/call 0.23).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 4 of 7 strikes: those with open interest; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 7.50 | 3 | 1 | 13 |
| 10.00 | 17 | 3 | 10 |
| 12.50 | 0 | 1 | 58 |
| 15.00 | 2 | 0 | 108 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 10.00 | 8.30 | 9.29 | 22 | 5 |
| Nov 21, 2026 | 10.00 | 8.30 | 9.29 | 22 | 5 |
| Dec 19, 2026 | 10.00 | 8.30 | 10.01 | 924 | 734 |
| Mar 20, 2027 | 10.00 | 8.30 | 9.87 | 542 | 431 |

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

## More for GSBD

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

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