# MATW Max Pain (Strike Pegger)

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

Data as of Nov 10, 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.

## MATW quote

| Field | Value |
|---|---|
| Last | 19.65 |
| Change | -0.03 |
| Open | 19.60 |
| Previous | 19.68 |
| High | 19.72 |
| Low | 19.35 |
| Bid | - |
| Ask | - |
| Volume | 329,132 |
| Trades | - |
| Dividend | 0.26 |
| Yield | 4.44% |
| Ex-Div | Nov 12, 2026 |
| Split Date | Sep 4, 2001 |
| Impl Vol | 0.0% |
| Hist Vol | 33.9% |
| Opt Volume | 0 |
| Open Int | 6,973 |

Expiration: Nov 20, 2026. No daily peg history is stored for this expiration; pegs are kept for the expirations listed under By Expiration.

All expirations: 2026-11-20, 2026-12-18, 2027-01-15, 2027-02-19, 2027-03-19, 2027-04-16, 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/MATW.md?expiration=2026-12-19`.

## Open Interest by Strike

**Strike Peg is 20.00, Bias: 0.00** (expiration Nov 20, 2026) — 1.8% above the last price of 19.65; open interest 13 calls / 7 puts (put/call 0.54).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 5 of 11 strikes: those with open interest; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 7.50 | 0 | 2 | 33 |
| 10.00 | 0 | 2 | 20 |
| 15.00 | 0 | 1 | 5 |
| 17.50 | 0 | 2 | 0 |
| 20.00 | 13 | 0 | 0 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Dec 19, 2026 | 20.00 | 19.65 | 20.05 | 1,769 | 497 |
| Jan 16, 2027 | 20.00 | 19.65 | 20.05 | 185 | 371 |
| Mar 20, 2027 | 17.50 | 19.65 | 18.28 | 1,995 | 901 |
| Apr 17, 2027 | 17.50 | 19.65 | 17.50 | 866 | 4 |
| Jun 19, 2027 | 32.50 | 19.65 | 18.75 | 1 | 1 |

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

## More for MATW

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

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