Event risk before this expiration:FOMC decision Wed, Oct 28 — macro releases historically overwhelm pinning effects; max pain reads weakest in event weeks.
■ put-side pain■ call-side painTotal payout option writers would owe at each settle price (both sides, all open interest, ×100 shares) — low settles hurt put writers, high settles hurt call writers. The minimum — 41.5 — is the max pain price.
Open interest by strike · Fri, Oct 30
■ calls (up)■ puts (down)AA open contracts per strike for Fri, Oct 30.
Open-interest change: building vs unwinding
Needs two observed snapshot days for this expiration; the comparison appears automatically once the next weekday snapshot lands. We diff real observations only; nothing is estimated.
Volume by strike · Fri, Oct 30
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Oct 30
— call IV— put IVATM ≈ 49.6% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Oct 30
Net dealer gamma per strike, in dollars per 1% move, assuming the standard convention (dealers long calls, short puts) — an assumption, not an observation. Above the amber flip level hedging tends to dampen moves; below it, to amplify them.
Greeks by strike · Fri, Oct 30
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.99
-0.05
35
0.0302
0.00
-0.02
-0.04
0.97
-0.05
35.5
0.0646
0.00
-0.03
-0.06
0.93
-0.05
36
0.1033
0.01
-0.04
-0.09
0.87
-0.05
36.5
0.1284
0.01
-0.05
-0.14
0.80
-0.07
37
0.1469
0.01
-0.07
-0.20
0.72
-0.09
37.5
0.1717
0.01
-0.09
-0.28
0.63
-0.10
38
0.1944
0.01
-0.10
-0.37
0.53
-0.10
38.5
0.2073
0.02
-0.10
-0.47
0.43
-0.10
39
0.2069
0.02
-0.10
-0.58
0.33
-0.09
39.5
0.1922
0.01
-0.09
-0.68
0.24
-0.07
40
0.1658
0.01
-0.07
-0.77
0.17
-0.06
40.5
0.1336
0.01
-0.06
-0.84
0.12
-0.04
41
0.1022
0.01
-0.04
-0.89
0.08
-0.03
41.5
0.0754
0.01
-0.03
-0.93
0.05
-0.02
42
0.0546
0.01
-0.02
-0.95
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 46 are in the CSV. Δ per $1 of underlying · Θ per day · vega per IV point.
Stacked — layer the expirations
Call open interest per strike, stacked across the checked expirations — each color is one expiry. Strikes are pruned to the liquid center of each chain.
Max pain is arithmetic, not prophecy: the settle price that would minimize what option writers pay out at expiration, computed from open interest alone. Prices sometimes gravitate toward heavy strikes into expiry — dealer hedging is a real flow — but the evidence that max pain predicts settlement better than chance is mixed, and we are not going to pretend otherwise. Use it as a map of where positioning is stacked, next to the fundamentals and the earnings calendar, not as a target.
Data: Cboe delayed public feed (~15 minutes), refreshed here about every 15 minutes. Open interest itself updates once daily, before the open. Educational information, not investment advice.