# RBA Max Pain (Strike Pegger)

> RBA 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.

## RBA quote

| Field | Value |
|---|---|
| Last | 95.67 |
| Change | -0.48 |
| Open | 95.43 |
| Previous | 96.15 |
| High | 96.05 |
| Low | 94.05 |
| Bid | - |
| Ask | - |
| Volume | 1,227,083 |
| Trades | - |
| Dividend | 0.33 |
| Yield | 1.37% |
| Ex-Div | Nov 25, 2026 |
| Split Date | Apr 28, 2008 |
| Impl Vol | 32.3% |
| Hist Vol | 34.0% |
| Opt Volume | 29 |
| Open Int | 36,093 |

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/RBA.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 | 90.00 | 95.67 | 88.78 | 2,475 | 30,133 |
| Nov 10, 2026 | 90.00 | 96.15 | 88.78 | 2,476 | 30,133 |
| Nov 9, 2026 | 90.00 | 95.77 | 88.77 | 2,509 | 30,127 |
| Nov 6, 2026 | 90.00 | 93.52 | 88.76 | 2,439 | 30,118 |
| Nov 5, 2026 | 90.00 | 94.78 | 88.76 | 2,441 | 30,120 |
| Nov 4, 2026 | 90.00 | 95.09 | 88.75 | 2,429 | 30,079 |
| Nov 3, 2026 | 90.00 | 93.16 | 88.75 | 2,409 | 30,079 |
| Nov 2, 2026 | 90.00 | 93.43 | 86.52 | 2,403 | 28,485 |
| Oct 30, 2026 | 90.00 | 89.69 | 86.51 | 2,403 | 28,460 |

## Open Interest by Strike

**Strike Peg is 90.00, Bias: 88.78** (expiration Nov 20, 2026) — 5.9% below the last price of 95.67; open interest 2.48K calls / 30.13K puts (put/call 12.17).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 14 of 20 strikes: those with open interest; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 60.00 | 0 | 1 | 604,380 |
| 65.00 | 0 | 3,012 | 453,720 |
| 70.00 | 0 | 2,615 | 318,120 |
| 72.50 | 0 | 1,897 | 256,858 |
| 75.00 | 8 | 3,497 | 200,338 |
| 77.50 | 542 | 0 | 152,580 |
| 80.00 | 18 | 2,016 | 106,178 |
| 82.50 | 393 | 3,141 | 64,860 |
| 85.00 | 934 | 10,066 | 32,378 |
| 87.50 | 48 | 2 | 27,395 |
| 90.00 | 17 | 2,346 | 22,538 |
| 92.50 | 390 | 10 | 23,588 |
| 95.00 | 106 | 1,520 | 25,638 |
| 100.00 | 19 | 10 | 37,868 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 90.00 | 95.67 | 88.78 | 2,475 | 30,133 |
| Nov 21, 2026 | 90.00 | 95.67 | 88.78 | 2,475 | 30,133 |
| Dec 19, 2026 | 100.00 | 95.67 | 96.65 | 2,001 | 1,058 |
| Mar 20, 2027 | 85.00 | 95.67 | 80.47 | 204 | 59 |
| Jun 19, 2027 | 45.00 | 95.67 | 47.51 | 158 | 5 |

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

## More for RBA

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

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