# MULL Max Pain (Strike Pegger)

> MULL 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.

## MULL quote

| Field | Value |
|---|---|
| Last | 10.49 |
| Change | -0.27 |
| Open | 10.31 |
| Previous | 10.76 |
| High | 11.10 |
| Low | 9.77 |
| Bid | - |
| Ask | - |
| Volume | 6,728,926 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | Jun 26, 2026 |
| Impl Vol | 121.8% |
| Hist Vol | 160.7% |
| Opt Volume | 8,478 |
| Open Int | 162,990 |

Expiration: Nov 20, 2026.

All expirations: 2026-11-20, 2026-12-18, 2027-01-15, 2027-03-19, 2027-06-17, 2028-01-21, 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/MULL.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 | 20.00 | 10.49 | 18.57 | 15,973 | 6,129 |
| Nov 9, 2026 | 20.00 | 10.76 | 18.91 | 15,638 | 6,037 |
| Nov 6, 2026 | 20.00 | 9.58 | 19.02 | 15,568 | 5,869 |
| Nov 5, 2026 | 20.00 | 8.78 | 20.01 | 15,342 | 6,016 |
| Nov 4, 2026 | 20.00 | 13.35 | 20.19 | 15,105 | 5,903 |
| Nov 3, 2026 | 20.00 | 15.48 | 20.22 | 15,243 | 5,908 |
| Nov 2, 2026 | 20.00 | 14.76 | 20.24 | 15,590 | 5,837 |
| Oct 30, 2026 | 20.00 | 16.72 | 20.41 | 15,066 | 5,691 |

## Open Interest by Strike

**Strike Peg is 20.00, Bias: 18.57** (expiration Nov 20, 2026) — 90.7% above the last price of 10.49; open interest 15.97K calls / 6.13K puts (put/call 0.38).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 27 of 31 strikes: those with open interest; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 5.00 | 0 | 11 | 82,632 |
| 6.00 | 0 | 3 | 76,514 |
| 7.00 | 0 | 5 | 70,399 |
| 8.00 | 24 | 58 | 64,289 |
| 9.00 | 67 | 146 | 58,261 |
| 10.00 | 135 | 159 | 52,446 |
| 11.00 | 134 | 40 | 46,925 |
| 12.00 | 207 | 132 | 41,578 |
| 13.00 | 148 | 182 | 36,570 |
| 14.00 | 189 | 276 | 31,892 |
| 15.00 | 349 | 311 | 27,679 |
| 16.00 | 632 | 459 | 24,126 |
| 17.00 | 392 | 354 | 21,664 |
| 18.00 | 260 | 451 | 19,948 |
| 19.00 | 157 | 539 | 18,943 |
| 20.00 | 2,493 | 1,324 | 18,634 |
| 21.00 | 430 | 461 | 22,142 |
| 22.00 | 635 | 541 | 26,541 |
| 23.00 | 477 | 141 | 32,116 |
| 24.00 | 631 | 90 | 38,309 |
| 25.00 | 987 | 238 | 45,223 |
| 26.00 | 641 | 63 | 53,362 |
| 27.00 | 405 | 68 | 62,205 |
| 28.00 | 952 | 0 | 71,521 |
| 29.00 | 283 | 64 | 81,789 |
| 30.00 | 3,483 | 8 | 92,404 |
| 35.00 | 1,862 | 5 | 162,934 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 20.00 | 10.49 | 18.57 | 15,973 | 6,129 |
| Nov 21, 2026 | 20.00 | 10.49 | 18.57 | 15,973 | 6,129 |
| Dec 19, 2026 | 16.80 | 10.49 | 19.22 | 25,637 | 12,378 |
| Jan 16, 2027 | 12.00 | 10.49 | 15.20 | 37,780 | 8,852 |
| Mar 20, 2027 | 13.00 | 10.49 | 17.47 | 24,649 | 12,436 |
| Jun 19, 2027 | 24.80 | 10.49 | 23.44 | 7,631 | 4,546 |
| Jan 22, 2028 | 15.00 | 10.49 | 15.41 | 3,204 | 1,339 |
| Jan 20, 2029 | 12.00 | 10.49 | 13.10 | 2,169 | 267 |

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

## More for MULL

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

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