# NEBX Max Pain (Strike Pegger)

> NEBX 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.

## NEBX quote

| Field | Value |
|---|---|
| Last | 5.05 |
| Change | -1.26 |
| Open | 5.82 |
| Previous | 6.31 |
| High | 5.83 |
| Low | 4.37 |
| Bid | - |
| Ask | - |
| Volume | 13,563,027 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | Jun 3, 2026 |
| Impl Vol | 211.3% |
| Hist Vol | 218.2% |
| Opt Volume | 4,249 |
| Open Int | 37,795 |

Expiration: Nov 20, 2026.

All expirations: 2026-11-20, 2026-12-18, 2027-03-19, 2027-06-17, 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/NEBX.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 | 13.00 | 5.05 | 13.87 | 8,903 | 5,830 |
| Nov 12, 2026 | 14.00 | 6.31 | 15.12 | 8,448 | 5,951 |
| Nov 11, 2026 | 16.00 | 9.57 | 15.84 | 6,380 | 5,979 |
| Nov 10, 2026 | 16.00 | 7.27 | 15.80 | 6,431 | 5,932 |
| Nov 9, 2026 | 17.00 | 8.10 | 16.22 | 6,116 | 5,935 |
| Nov 6, 2026 | 18.00 | 6.85 | 16.68 | 5,870 | 5,833 |
| Nov 5, 2026 | 20.00 | 5.97 | 18.36 | 5,238 | 5,789 |
| Nov 4, 2026 | 20.00 | 8.51 | 18.65 | 5,100 | 5,788 |
| Nov 3, 2026 | 20.00 | 9.84 | 18.77 | 5,019 | 5,788 |
| Nov 2, 2026 | 20.00 | 8.63 | 19.09 | 4,997 | 5,739 |
| Oct 30, 2026 | 20.00 | 10.36 | 19.84 | 4,748 | 5,706 |

## Open Interest by Strike

**Strike Peg is 13.00, Bias: 13.87** (expiration Nov 20, 2026) — 157.4% above the last price of 5.05; open interest 8.90K calls / 5.83K puts (put/call 0.65).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 40 of 45 strikes: those with open interest; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 3.00 | 32 | 0 | 72,333 |
| 4.00 | 33 | 61 | 66,535 |
| 5.00 | 474 | 323 | 60,831 |
| 6.00 | 741 | 245 | 55,924 |
| 7.00 | 360 | 290 | 52,003 |
| 8.00 | 280 | 183 | 48,732 |
| 9.00 | 180 | 222 | 45,924 |
| 10.00 | 858 | 187 | 43,518 |
| 11.00 | 208 | 331 | 42,157 |
| 12.00 | 154 | 87 | 41,335 |
| 13.00 | 729 | 201 | 40,754 |
| 14.00 | 448 | 236 | 41,103 |
| 15.00 | 606 | 272 | 42,136 |
| 16.00 | 176 | 656 | 44,047 |
| 17.00 | 230 | 225 | 46,790 |
| 18.00 | 465 | 376 | 49,988 |
| 19.00 | 76 | 176 | 54,027 |
| 20.00 | 352 | 544 | 58,318 |
| 21.00 | 701 | 95 | 63,505 |
| 22.00 | 151 | 267 | 69,488 |
| 23.00 | 20 | 92 | 75,889 |
| 24.00 | 261 | 54 | 82,402 |
| 25.00 | 226 | 641 | 89,230 |
| 26.00 | 4 | 38 | 96,925 |
| 27.00 | 28 | 8 | 104,662 |
| 28.00 | 96 | 4 | 112,435 |
| 29.00 | 5 | 2 | 120,308 |
| 30.00 | 403 | 7 | 128,188 |
| 31.00 | 45 | 1 | 136,478 |
| 32.00 | 83 | 2 | 144,814 |
| 33.00 | 19 | 0 | 153,235 |
| 34.00 | 12 | 0 | 161,675 |
| 35.00 | 65 | 0 | 170,127 |
| 36.00 | 11 | 0 | 178,644 |
| 37.00 | 19 | 0 | 187,172 |
| 38.00 | 12 | 4 | 195,719 |
| 39.00 | 12 | 0 | 204,282 |
| 40.00 | 185 | 0 | 212,857 |
| 41.00 | 142 | 0 | 221,617 |
| 45.00 | 1 | 0 | 257,225 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 13.00 | 5.05 | 13.87 | 8,903 | 5,830 |
| Nov 21, 2026 | 13.00 | 5.05 | 13.87 | 8,903 | 5,830 |
| Dec 19, 2026 | 20.00 | 5.05 | 21.81 | 7,620 | 4,607 |
| Mar 20, 2027 | 16.00 | 5.05 | 18.30 | 3,916 | 2,788 |
| Jun 19, 2027 | 9.00 | 5.05 | 10.66 | 1,140 | 282 |
| Jan 20, 2029 | 25.00 | 5.05 | 22.18 | 1,498 | 1,211 |

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

## More for NEBX

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

---

From [Optionistics](https://www.optionistics.com), options analytics since 2005. Site map for AI agents: https://www.optionistics.com/llms.txt