# MQ Max Pain (Strike Pegger)

> MQ 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.

## MQ quote

| Field | Value |
|---|---|
| Last | 18.34 |
| Change | -0.06 |
| Open | 18.37 |
| Previous | 18.40 |
| High | 18.50 |
| Low | 18.14 |
| Bid | - |
| Ask | - |
| Volume | 674,955 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | - |
| Impl Vol | 33.6% |
| Hist Vol | 147.9% |
| Opt Volume | 2 |
| Open Int | 7,179 |

Expiration: Nov 20, 2026.

All expirations: 2026-11-20, 2026-12-18, 2027-01-15, 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/MQ.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 | 16.00 | 18.34 | 16.47 | 1,847 | 47 |
| Nov 9, 2026 | 16.00 | 18.40 | 16.47 | 1,847 | 47 |
| Nov 6, 2026 | 16.00 | 18.59 | 16.47 | 1,847 | 47 |
| Nov 5, 2026 | 16.00 | 18.44 | 16.38 | 1,845 | 41 |
| Nov 4, 2026 | 16.00 | 18.60 | 16.30 | 1,844 | 36 |
| Nov 3, 2026 | 16.00 | 17.80 | 16.27 | 1,833 | 36 |
| Nov 2, 2026 | 16.00 | 18.62 | 16.27 | 1,833 | 36 |
| Oct 30, 2026 | 16.00 | 18.10 | 16.21 | 1,782 | 32 |

## Open Interest by Strike

**Strike Peg is 16.00, Bias: 16.47** (expiration Nov 20, 2026) — 12.8% below the last price of 18.34; open interest 1.85K calls / 47 puts (put/call 0.03).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 10 of 17 strikes: those with open interest; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 13.00 | 0 | 2 | 187 |
| 15.00 | 1 | 7 | 97 |
| 16.00 | 90 | 5 | 60 |
| 17.00 | 182 | 8 | 118 |
| 18.00 | 62 | 24 | 366 |
| 19.00 | 30 | 1 | 700 |
| 20.00 | 30 | 0 | 1,065 |
| 21.00 | 864 | 0 | 1,460 |
| 22.00 | 587 | 0 | 2,719 |
| 24.00 | 1 | 0 | 6,411 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 16.00 | 18.34 | 16.47 | 1,847 | 47 |
| Nov 21, 2026 | 16.00 | 18.34 | 16.47 | 1,847 | 47 |
| Dec 19, 2026 | 16.00 | 18.34 | 16.31 | 1,262 | 806 |
| Jan 16, 2027 | 16.00 | 18.34 | 16.89 | 1,143 | 1,449 |
| Mar 20, 2027 | 16.00 | 18.34 | 15.81 | 467 | 123 |

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

## More for MQ

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

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