# QBTX Max Pain (Strike Pegger)

> QBTX 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.

## QBTX quote

| Field | Value |
|---|---|
| Last | 6.54 |
| Change | -0.41 |
| Open | 6.92 |
| Previous | 6.95 |
| High | 6.92 |
| Low | 6.15 |
| Bid | - |
| Ask | - |
| Volume | 457,308 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | - |
| Impl Vol | 156.3% |
| Hist Vol | 243.0% |
| Opt Volume | 178 |
| Open Int | 1,112 |

Expiration: Nov 20, 2026.

All expirations: 2026-11-20, 2026-12-18, 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/QBTX.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 | 12.00 | 6.54 | 11.74 | 288 | 150 |
| Nov 12, 2026 | 12.00 | 6.95 | 11.74 | 288 | 152 |
| Nov 11, 2026 | 12.00 | 8.14 | 11.81 | 290 | 148 |
| Nov 10, 2026 | 11.00 | 7.90 | 11.32 | 294 | 133 |
| Nov 9, 2026 | 12.00 | 9.65 | 11.25 | 252 | 127 |
| Nov 6, 2026 | 12.00 | 8.37 | 12.76 | 220 | 131 |
| Nov 5, 2026 | 12.00 | 6.17 | 13.80 | 200 | 128 |
| Nov 4, 2026 | 12.00 | 8.33 | 13.65 | 205 | 128 |
| Nov 3, 2026 | 14.00 | 8.31 | 14.26 | 182 | 128 |
| Nov 2, 2026 | 14.00 | 7.87 | 14.26 | 182 | 127 |
| Oct 30, 2026 | 14.00 | 8.84 | 14.30 | 182 | 103 |

## Open Interest by Strike

**Strike Peg is 12.00, Bias: 11.74** (expiration Nov 20, 2026) — 83.5% above the last price of 6.54; open interest 288 calls / 150 puts (put/call 0.52).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 27 of 32 strikes: those with open interest; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 4.00 | 22 | 3 | 1,180 |
| 6.00 | 1 | 1 | 930 |
| 7.00 | 4 | 37 | 807 |
| 8.00 | 22 | 7 | 725 |
| 9.00 | 9 | 18 | 672 |
| 10.00 | 3 | 1 | 646 |
| 11.00 | 6 | 14 | 624 |
| 12.00 | 89 | 0 | 622 |
| 13.00 | 7 | 12 | 709 |
| 14.00 | 16 | 3 | 815 |
| 15.00 | 19 | 23 | 940 |
| 16.00 | 24 | 2 | 1,107 |
| 17.00 | 0 | 9 | 1,300 |
| 18.00 | 2 | 5 | 1,502 |
| 19.00 | 1 | 9 | 1,711 |
| 20.00 | 2 | 2 | 1,930 |
| 21.00 | 0 | 1 | 2,153 |
| 22.00 | 5 | 1 | 2,377 |
| 23.00 | 2 | 0 | 2,607 |
| 24.00 | 14 | 1 | 2,839 |
| 25.00 | 18 | 1 | 3,086 |
| 26.00 | 1 | 0 | 3,352 |
| 27.00 | 1 | 0 | 3,619 |
| 29.00 | 2 | 0 | 4,155 |
| 30.00 | 3 | 0 | 4,425 |
| 31.00 | 12 | 0 | 4,698 |
| 35.00 | 3 | 0 | 5,838 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 12.00 | 6.54 | 11.74 | 288 | 150 |
| Nov 21, 2026 | 12.00 | 6.54 | 11.74 | 288 | 150 |
| Dec 19, 2026 | 13.00 | 6.54 | 13.30 | 153 | 158 |
| Mar 20, 2027 | 12.00 | 6.54 | 12.91 | 228 | 92 |
| Jun 19, 2027 | 5.00 | 6.54 | 5.93 | 41 | 2 |

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

## More for QBTX

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

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