# UPS Max Pain (Strike Pegger)

> UPS 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.

## UPS quote

| Field | Value |
|---|---|
| Last | 112.40 |
| Change | +2.02 |
| Open | 111.80 |
| Previous | 110.38 |
| High | 112.58 |
| Low | 111.11 |
| Bid | - |
| Ask | - |
| Volume | 7,603,682 |
| Trades | - |
| Dividend | 1.64 |
| Yield | 5.68% |
| Ex-Div | Feb 19, 2027 (estimated, not declared yet) |
| Split Date | - |
| Impl Vol | 26.1% |
| Hist Vol | 29.8% |
| Opt Volume | 331,421 |
| Open Int | 448,274 |

Expiration: Nov 20, 2026.

All expirations: 2026-11-20, 2026-11-27, 2026-12-04, 2026-12-11, 2026-12-18, 2026-12-24, 2026-12-31, 2027-01-15, 2027-02-19, 2027-03-19, 2027-04-16, 2027-06-17, 2027-09-17, 2027-12-17, 2028-01-21, 2029-01-19.

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/UPS.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 | 100.00 | 112.40 | 99.68 | 49,861 | 21,968 |
| Nov 12, 2026 | 100.00 | 110.38 | 99.57 | 50,125 | 21,847 |
| Nov 11, 2026 | 100.00 | 112.45 | 99.47 | 50,224 | 21,769 |
| Nov 10, 2026 | 100.00 | 111.05 | 99.37 | 50,260 | 21,632 |
| Nov 9, 2026 | 100.00 | 110.96 | 99.23 | 50,310 | 21,588 |
| Nov 6, 2026 | 100.00 | 108.30 | 99.14 | 49,031 | 21,199 |
| Nov 5, 2026 | 100.00 | 111.04 | 99.14 | 48,656 | 21,271 |
| Nov 4, 2026 | 100.00 | 114.31 | 98.81 | 47,807 | 21,174 |
| Nov 3, 2026 | 99.00 | 109.17 | 98.66 | 47,714 | 20,900 |
| Nov 2, 2026 | 99.00 | 109.71 | 98.56 | 47,894 | 20,740 |
| Oct 30, 2026 | 97.00 | 108.25 | 98.38 | 48,929 | 20,506 |

## Open Interest by Strike

**Strike Peg is 100.00, Bias: 99.68** (expiration Nov 20, 2026) — 11.0% below the last price of 112.40; open interest 49.86K calls / 21.97K puts (put/call 0.44).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 22 of 58 strikes: those with open interest within 10% of the last price; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 102.00 | 576 | 553 | 87,398 |
| 103.00 | 360 | 307 | 103,859 |
| 104.00 | 650 | 479 | 120,987 |
| 105.00 | 6,352 | 805 | 139,244 |
| 106.00 | 586 | 422 | 164,658 |
| 107.00 | 695 | 107 | 191,080 |
| 108.00 | 409 | 225 | 218,304 |
| 109.00 | 707 | 163 | 246,162 |
| 110.00 | 7,031 | 368 | 274,890 |
| 111.00 | 132 | 38 | 311,017 |
| 112.00 | 613 | 150 | 347,314 |
| 113.00 | 402 | 113 | 384,374 |
| 114.00 | 111 | 0 | 421,949 |
| 115.00 | 4,770 | 94 | 459,635 |
| 116.00 | 52 | 2 | 502,185 |
| 117.00 | 23 | 0 | 544,789 |
| 118.00 | 7 | 0 | 587,416 |
| 119.00 | 2 | 0 | 630,050 |
| 120.00 | 4,839 | 16 | 672,686 |
| 121.00 | 4 | 0 | 720,177 |
| 122.00 | 2 | 0 | 767,672 |
| 123.00 | 2 | 0 | 815,169 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 100.00 | 112.40 | 99.68 | 49,861 | 21,968 |
| Nov 21, 2026 | 100.00 | 112.40 | 99.68 | 49,861 | 21,968 |
| Nov 27, 2026 | 106.00 | 112.40 | 103.98 | 2,490 | 2,192 |
| Dec 4, 2026 | 106.00 | 112.40 | 104.42 | 1,873 | 1,144 |
| Dec 19, 2026 | 105.00 | 112.40 | 104.12 | 29,949 | 29,570 |
| Jan 16, 2027 | 100.00 | 112.40 | 100.84 | 80,262 | 59,473 |
| Feb 20, 2027 | 115.00 | 112.40 | 110.15 | 154 | 189 |
| Mar 20, 2027 | 105.00 | 112.40 | 105.26 | 16,567 | 12,854 |
| Apr 17, 2027 | 100.00 | 112.40 | 100.58 | 5,311 | 3,781 |
| Jun 19, 2027 | 105.00 | 112.40 | 103.13 | 11,479 | 12,746 |
| Sep 18, 2027 | 105.00 | 112.40 | 102.55 | 7,853 | 9,632 |
| Jan 22, 2028 | 105.00 | 112.40 | 102.81 | 20,466 | 23,294 |
| Jan 20, 2029 | 110.00 | 112.40 | 101.90 | 6,795 | 4,401 |

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

## More for UPS

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

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