# SATA Max Pain (Strike Pegger)

> SATA 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.

## SATA quote

| Field | Value |
|---|---|
| Last | 97.16 |
| Change | +0.85 |
| Open | 98.00 |
| Previous | 96.31 |
| High | 98.30 |
| Low | 96.81 |
| Bid | - |
| Ask | - |
| Volume | 268,432 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | - |
| Impl Vol | 23.0% |
| Hist Vol | 24.3% |
| Opt Volume | 354 |
| Open Int | 9,806 |

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/SATA.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 | 100.00 | 97.16 | 99.53 | 1,133 | 1,386 |
| Nov 10, 2026 | 100.00 | 96.31 | 99.55 | 1,132 | 1,275 |
| Nov 9, 2026 | 100.00 | 97.77 | 99.55 | 1,136 | 1,251 |
| Nov 6, 2026 | 100.00 | 96.54 | 99.54 | 1,139 | 1,104 |
| Nov 5, 2026 | 100.00 | 95.93 | 99.55 | 1,139 | 800 |
| Nov 4, 2026 | 100.00 | 98.00 | 99.58 | 1,136 | 787 |
| Nov 3, 2026 | 100.00 | 95.55 | 99.63 | 1,134 | 782 |
| Nov 2, 2026 | 100.00 | 95.20 | 99.66 | 1,169 | 685 |
| Oct 30, 2026 | 100.00 | 94.86 | 99.69 | 1,166 | 636 |

## Open Interest by Strike

**Strike Peg is 100.00, Bias: 99.53** (expiration Nov 20, 2026) — 2.9% above the last price of 97.16; open interest 1.13K calls / 1.39K puts (put/call 1.22).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 12 of 20 strikes: those with open interest; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 80.00 | 0 | 35 | 18,993 |
| 85.00 | 0 | 15 | 12,238 |
| 90.00 | 0 | 392 | 5,558 |
| 92.50 | 0 | 9 | 3,198 |
| 95.00 | 8 | 754 | 860 |
| 97.50 | 28 | 26 | 428 |
| 100.00 | 1,083 | 151 | 130 |
| 105.00 | 2 | 4 | 5,705 |
| 110.00 | 5 | 0 | 11,310 |
| 115.00 | 5 | 0 | 16,940 |
| 120.00 | 1 | 0 | 22,595 |
| 125.00 | 1 | 0 | 28,255 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 100.00 | 97.16 | 99.53 | 1,133 | 1,386 |
| Nov 21, 2026 | 100.00 | 97.16 | 99.53 | 1,133 | 1,386 |
| Dec 19, 2026 | 95.00 | 97.16 | 96.51 | 244 | 49 |
| Jan 16, 2027 | 100.00 | 97.16 | 100.60 | 1,491 | 2,390 |
| Apr 17, 2027 | 100.00 | 97.16 | 102.11 | 978 | 2,135 |

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

## More for SATA

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

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