# SPCF Max Pain (Strike Pegger)

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

Data as of Nov 10, 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.

## SPCF quote

| Field | Value |
|---|---|
| Last | 13.85 |
| Change | +0.16 |
| Open | 13.11 |
| Previous | 13.69 |
| High | 14.20 |
| Low | 12.82 |
| Bid | - |
| Ask | - |
| Volume | 1,570,947 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | - |
| Impl Vol | 141.1% |
| Hist Vol | 136.5% |
| Opt Volume | 299 |
| Open Int | 13,209 |

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

## Daily History — expiration Nov 20, 2026

| Date | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 10, 2026 | 15.00 | 13.85 | 15.00 | 3,172 | 1,768 |
| Nov 9, 2026 | 15.00 | 13.69 | 14.94 | 3,096 | 1,687 |
| Nov 6, 2026 | 16.00 | 12.25 | 15.23 | 3,098 | 1,800 |
| Nov 5, 2026 | 16.00 | 10.42 | 15.93 | 3,058 | 1,757 |
| Nov 4, 2026 | 16.00 | 12.76 | 15.96 | 3,133 | 1,742 |
| Nov 3, 2026 | 16.00 | 13.85 | 15.96 | 3,084 | 1,705 |
| Nov 2, 2026 | 16.00 | 12.92 | 16.08 | 2,948 | 1,686 |
| Oct 30, 2026 | 16.00 | 12.63 | 16.19 | 3,429 | 1,628 |

## Open Interest by Strike

**Strike Peg is 15.00, Bias: 15.00** (expiration Nov 20, 2026) — 8.3% above the last price of 13.85; open interest 3.17K calls / 1.77K puts (put/call 0.56).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 22 of 27 strikes: those with open interest; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 6.00 | 0 | 30 | 13,973 |
| 7.00 | 0 | 4 | 12,235 |
| 8.00 | 15 | 5 | 10,501 |
| 9.00 | 5 | 82 | 8,787 |
| 10.00 | 38 | 115 | 7,160 |
| 11.00 | 23 | 53 | 5,686 |
| 12.00 | 24 | 179 | 4,288 |
| 13.00 | 103 | 75 | 3,093 |
| 14.00 | 83 | 413 | 2,076 |
| 15.00 | 113 | 470 | 1,555 |
| 16.00 | 264 | 157 | 1,617 |
| 17.00 | 409 | 45 | 2,100 |
| 18.00 | 101 | 98 | 3,037 |
| 19.00 | 102 | 9 | 4,173 |
| 20.00 | 798 | 14 | 5,420 |
| 21.00 | 491 | 12 | 7,479 |
| 22.00 | 149 | 2 | 10,041 |
| 23.00 | 141 | 3 | 12,754 |
| 24.00 | 56 | 0 | 15,611 |
| 25.00 | 144 | 2 | 18,524 |
| 26.00 | 40 | 0 | 21,583 |
| 30.00 | 73 | 0 | 33,979 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 15.00 | 13.85 | 15.00 | 3,172 | 1,768 |
| Nov 21, 2026 | 15.00 | 13.85 | 15.00 | 3,172 | 1,768 |
| Dec 19, 2026 | 13.00 | 13.85 | 13.53 | 974 | 217 |
| Jan 16, 2027 | 17.00 | 13.85 | 19.53 | 2,677 | 2,576 |
| Apr 17, 2027 | 15.00 | 13.85 | 12.31 | 1,239 | 586 |

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

## More for SPCF

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

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