# OPCH Max Pain (Strike Pegger)

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

Data as of Nov 11, 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.

## OPCH quote

| Field | Value |
|---|---|
| Last | 31.70 |
| Change | +0.05 |
| Open | 31.64 |
| Previous | 31.65 |
| High | 31.70 |
| Low | 31.62 |
| Bid | - |
| Ask | - |
| Volume | 5,398,768 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | - |
| Impl Vol | 0.0% |
| Hist Vol | 50.8% |
| Opt Volume | 102 |
| Open Int | 19,516 |

Expiration: Nov 20, 2026.

All expirations: 2026-11-20, 2026-12-18, 2027-01-15, 2027-04-16.

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

## Daily History — expiration Nov 20, 2026

| Date | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 11, 2026 | 30.00 | 31.70 | 29.51 | 1,257 | 594 |
| Nov 10, 2026 | 30.00 | 31.65 | 29.51 | 1,257 | 594 |
| Nov 9, 2026 | 30.00 | 31.69 | 29.51 | 1,256 | 593 |
| Nov 6, 2026 | 30.00 | 31.65 | 29.51 | 1,256 | 593 |
| Nov 5, 2026 | 30.00 | 31.50 | 29.51 | 1,256 | 593 |
| Nov 4, 2026 | 30.00 | 31.65 | 29.51 | 1,256 | 593 |
| Nov 3, 2026 | 30.00 | 31.77 | 29.51 | 1,256 | 593 |
| Nov 2, 2026 | 30.00 | 31.69 | 29.51 | 1,256 | 593 |
| Oct 30, 2026 | 30.00 | 31.83 | 29.51 | 1,245 | 582 |

## Open Interest by Strike

**Strike Peg is 30.00, Bias: 29.51** (expiration Nov 20, 2026) — 5.4% below the last price of 31.70; open interest 1.26K calls / 594 puts (put/call 0.47).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 9 of 14 strikes: those with open interest; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 17.50 | 1 | 0 | 6,425 |
| 20.00 | 10 | 59 | 4,943 |
| 22.50 | 7 | 1 | 3,633 |
| 25.00 | 17 | 60 | 2,343 |
| 27.50 | 2 | 53 | 1,245 |
| 30.00 | 82 | 410 | 285 |
| 32.50 | 1,126 | 10 | 555 |
| 35.00 | 11 | 1 | 3,665 |
| 42.50 | 1 | 0 | 13,085 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 30.00 | 31.70 | 29.51 | 1,257 | 594 |
| Nov 21, 2026 | 30.00 | 31.70 | 29.51 | 1,257 | 594 |
| Jan 16, 2027 | 25.00 | 31.70 | 26.42 | 12,515 | 1,286 |
| Apr 17, 2027 | 30.00 | 31.70 | 29.86 | 2,843 | 979 |

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

## More for OPCH

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

---

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