# KO Max Pain (Strike Pegger)

> KO 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.

## KO quote

| Field | Value |
|---|---|
| Last | 99.25 |
| Change | +1.81 |
| Open | 98.18 |
| Previous | 97.44 |
| High | 99.30 |
| Low | 97.96 |
| Bid | - |
| Ask | - |
| Volume | 17,897,878 |
| Trades | - |
| Dividend | 0.53 |
| Yield | 2.19% |
| Ex-Div | Dec 1, 2026 |
| Split Date | Aug 13, 2012 |
| Impl Vol | 20.1% |
| Hist Vol | 18.6% |
| Opt Volume | 115,131 |
| Open Int | 823,989 |

Expiration: Nov 20, 2026.

All expirations: 2026-11-20, 2026-11-27, 2026-12-04, 2026-12-11, 2026-12-18, 2026-12-24, 2026-12-31, 2027-01-15, 2027-02-19, 2027-03-19, 2027-05-21, 2027-06-17, 2027-09-17, 2027-12-17, 2028-01-21, 2028-06-16, 2028-12-15, 2029-01-19.

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/KO.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 | 90.00 | 99.25 | 89.60 | 99,327 | 59,665 |
| Nov 12, 2026 | 90.00 | 97.44 | 89.09 | 98,643 | 56,658 |
| Nov 11, 2026 | 90.00 | 97.57 | 88.56 | 97,861 | 53,912 |
| Nov 10, 2026 | 90.00 | 96.91 | 88.20 | 97,255 | 52,381 |
| Nov 9, 2026 | 89.00 | 96.03 | 87.71 | 97,111 | 50,087 |
| Nov 6, 2026 | 89.00 | 95.67 | 87.63 | 98,728 | 50,037 |
| Nov 5, 2026 | 89.00 | 95.73 | 87.48 | 97,161 | 50,165 |
| Nov 4, 2026 | 89.00 | 95.80 | 87.43 | 96,612 | 48,968 |
| Nov 3, 2026 | 89.00 | 94.80 | 87.36 | 94,755 | 42,363 |
| Nov 2, 2026 | 88.00 | 95.83 | 87.27 | 94,327 | 42,194 |
| Oct 30, 2026 | 89.00 | 94.08 | 87.27 | 95,400 | 43,511 |

## Open Interest by Strike

**Strike Peg is 90.00, Bias: 89.60** (expiration Nov 20, 2026) — 9.3% below the last price of 99.25; open interest 99.33K calls / 59.67K puts (put/call 0.60).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 20 of 45 strikes: those with open interest within 10% of the last price; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 90.00 | 30,368 | 4,588 | 142,206 |
| 91.00 | 533 | 895 | 167,916 |
| 92.00 | 917 | 790 | 195,054 |
| 92.50 | 5,616 | 1,441 | 209,477 |
| 93.00 | 710 | 5,992 | 227,428 |
| 94.00 | 1,318 | 1,641 | 270,032 |
| 95.00 | 9,726 | 2,442 | 315,595 |
| 96.00 | 2,083 | 1,139 | 373,326 |
| 97.00 | 1,632 | 722 | 434,279 |
| 97.50 | 8,302 | 80 | 465,932 |
| 98.00 | 15,542 | 686 | 501,777 |
| 99.00 | 701 | 339 | 589,694 |
| 100.00 | 5,066 | 29 | 678,651 |
| 101.00 | 749 | 23 | 772,703 |
| 102.00 | 107 | 15 | 867,527 |
| 103.00 | 1,336 | 0 | 962,473 |
| 104.00 | 202 | 0 | 1,058,755 |
| 105.00 | 654 | 0 | 1,155,239 |
| 106.00 | 4 | 0 | 1,252,377 |
| 108.00 | 6 | 0 | 1,446,661 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 90.00 | 99.25 | 89.60 | 99,327 | 59,665 |
| Nov 21, 2026 | 90.00 | 99.25 | 89.60 | 99,327 | 59,665 |
| Nov 27, 2026 | 96.00 | 99.25 | 94.56 | 4,760 | 3,994 |
| Dec 4, 2026 | 95.00 | 99.25 | 94.68 | 4,948 | 2,478 |
| Dec 19, 2026 | 85.00 | 99.25 | 83.30 | 59,764 | 71,133 |
| Jan 16, 2027 | 80.00 | 99.25 | 78.54 | 82,876 | 102,270 |
| Feb 20, 2027 | 87.50 | 99.25 | 87.64 | 29,669 | 24,486 |
| Mar 20, 2027 | 85.00 | 99.25 | 82.60 | 27,007 | 26,730 |
| May 22, 2027 | 92.50 | 99.25 | 90.29 | 5,684 | 7,263 |
| Jun 19, 2027 | 85.00 | 99.25 | 83.35 | 31,719 | 25,820 |
| Sep 18, 2027 | 90.00 | 99.25 | 85.75 | 7,231 | 9,618 |
| Jan 22, 2028 | 75.00 | 99.25 | 75.86 | 40,212 | 27,994 |
| Jan 20, 2029 | 87.50 | 99.25 | 87.05 | 2,794 | 2,584 |

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

## More for KO

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

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