# MLI Max Pain (Strike Pegger)

> MLI 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.

## MLI quote

| Field | Value |
|---|---|
| Last | 55.00 |
| Change | +0.21 |
| Open | 54.79 |
| Previous | 54.79 |
| High | 55.35 |
| Low | 54.54 |
| Bid | - |
| Ask | - |
| Volume | 1,561,496 |
| Trades | - |
| Dividend | 0.18 |
| Yield | 1.27% |
| Ex-Div | Dec 4, 2026 |
| Split Date | Jul 1, 2026 |
| Impl Vol | 36.2% |
| Hist Vol | 34.3% |
| Opt Volume | 486 |
| Open Int | 9,085 |

Expiration: Nov 20, 2026.

All expirations: 2026-11-20, 2026-12-18, 2027-01-15, 2027-03-19, 2027-05-21, 2027-06-17, 2027-12-17.

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

## Daily History — expiration Nov 20, 2026

| Date | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 10, 2026 | 60.00 | 55.00 | 59.00 | 2,841 | 584 |
| Nov 9, 2026 | 60.00 | 54.79 | 58.99 | 1,210 | 584 |
| Nov 6, 2026 | 60.00 | 52.96 | 59.01 | 1,208 | 574 |
| Nov 5, 2026 | 60.00 | 52.44 | 59.24 | 1,179 | 571 |
| Nov 4, 2026 | 60.00 | 55.20 | 59.31 | 1,172 | 566 |
| Nov 3, 2026 | 60.00 | 55.55 | 59.31 | 1,172 | 566 |
| Nov 2, 2026 | 60.00 | 55.16 | 59.33 | 1,172 | 569 |
| Oct 30, 2026 | 60.00 | 54.56 | 59.33 | 1,167 | 569 |

## Open Interest by Strike

**Strike Peg is 60.00, Bias: 59.00** (expiration Nov 20, 2026) — 9.1% above the last price of 55.00; open interest 2.84K calls / 584 puts (put/call 0.21).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 7 of 13 strikes: those with open interest; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 50.00 | 7 | 32 | 5,095 |
| 55.00 | 101 | 85 | 2,370 |
| 60.00 | 1,899 | 467 | 575 |
| 65.00 | 221 | 0 | 10,610 |
| 70.00 | 562 | 0 | 21,750 |
| 75.00 | 50 | 0 | 35,700 |
| 80.00 | 1 | 0 | 49,900 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 60.00 | 55.00 | 59.00 | 2,841 | 584 |
| Nov 21, 2026 | 60.00 | 55.00 | 59.00 | 2,841 | 584 |
| Dec 19, 2026 | 57.50 | 55.00 | 55.92 | 1,287 | 580 |
| Mar 20, 2027 | 55.00 | 55.00 | 51.48 | 1,064 | 1,705 |
| May 22, 2027 | 30.00 | 55.00 | 30.23 | 193 | 2 |
| Jun 19, 2027 | 35.00 | 55.00 | 38.93 | 483 | 232 |

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

## More for MLI

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

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