# VRTL Max Pain (Strike Pegger)

> VRTL 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.

## VRTL quote

| Field | Value |
|---|---|
| Last | 14.00 |
| Change | -1.17 |
| Open | 15.42 |
| Previous | 15.17 |
| High | 15.66 |
| Low | 13.12 |
| Bid | - |
| Ask | - |
| Volume | 224,450 |
| Trades | - |
| Dividend | - |
| Yield | - |
| Ex-Div | - |
| Split Date | Jun 26, 2026 |
| Impl Vol | 137.9% |
| Hist Vol | 140.7% |
| Opt Volume | 89 |
| Open Int | 5,809 |

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/VRTL.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 | 18.00 | 14.00 | 17.98 | 923 | 816 |
| Nov 11, 2026 | 18.00 | 14.71 | 18.06 | 911 | 782 |
| Nov 10, 2026 | 18.00 | 13.04 | 18.06 | 912 | 772 |
| Nov 9, 2026 | 18.00 | 13.94 | 18.24 | 902 | 474 |
| Nov 6, 2026 | 19.00 | 11.68 | 18.47 | 893 | 476 |
| Nov 5, 2026 | 19.00 | 10.85 | 18.96 | 891 | 490 |
| Nov 4, 2026 | 20.00 | 15.07 | 19.10 | 851 | 379 |
| Nov 3, 2026 | 20.00 | 20.37 | 19.10 | 835 | 380 |
| Nov 2, 2026 | 20.00 | 18.41 | 19.08 | 839 | 389 |
| Oct 30, 2026 | 20.00 | 19.84 | 19.05 | 848 | 360 |

## Open Interest by Strike

**Strike Peg is 18.00, Bias: 17.98** (expiration Nov 20, 2026) — 28.6% above the last price of 14.00; open interest 923 calls / 816 puts (put/call 0.88).

Net Liability is the call plus put writers' liability if the stock settles at the strike; the peg is its minimum. Showing 26 of 32 strikes: those with open interest; the peg uses every strike.

| Strike | Call OI | Put OI | Net Liability |
|---:|---:|---:|---:|
| 5.00 | 1 | 0 | 7,595 |
| 8.00 | 0 | 21 | 5,150 |
| 9.00 | 0 | 2 | 4,356 |
| 10.00 | 2 | 5 | 3,564 |
| 11.00 | 4 | 129 | 2,779 |
| 12.00 | 1 | 118 | 2,127 |
| 13.00 | 0 | 126 | 1,594 |
| 14.00 | 40 | 108 | 1,187 |
| 15.00 | 9 | 102 | 928 |
| 16.00 | 24 | 32 | 780 |
| 17.00 | 20 | 14 | 688 |
| 18.00 | 35 | 53 | 630 |
| 19.00 | 8 | 27 | 660 |
| 20.00 | 26 | 30 | 725 |
| 21.00 | 10 | 15 | 846 |
| 22.00 | 18 | 13 | 992 |
| 23.00 | 18 | 11 | 1,169 |
| 24.00 | 427 | 2 | 1,375 |
| 25.00 | 125 | 5 | 2,010 |
| 26.00 | 19 | 1 | 2,775 |
| 27.00 | 28 | 2 | 3,560 |
| 28.00 | 32 | 0 | 4,375 |
| 29.00 | 3 | 0 | 5,222 |
| 30.00 | 70 | 0 | 6,072 |
| 31.00 | 1 | 0 | 6,992 |
| 32.00 | 2 | 0 | 7,913 |

## By Expiration

| Expiration | Strike Peg | Stock Price | Target Price (bias) | Call OI | Put OI |
|---|---:|---:|---:|---:|---:|
| Nov 20, 2026 | 18.00 | 14.00 | 17.98 | 923 | 816 |
| Nov 21, 2026 | 18.00 | 14.00 | 17.98 | 923 | 816 |
| Dec 19, 2026 | 24.00 | 14.00 | 25.68 | 1,396 | 1,262 |
| Mar 20, 2027 | 25.00 | 14.00 | 24.30 | 374 | 902 |
| Jun 19, 2027 | 14.00 | 14.00 | 13.87 | 73 | 63 |

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

## More for VRTL

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

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