Event risk before this expiration:Jobs report Fri, Nov 6 · CPI release Tue, Nov 10 — 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 — 85 — is the max pain price.
Open interest by strike · Fri, Nov 20
■ calls (up)■ puts (down)ABVX open contracts per strike for Fri, Nov 20.
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, Nov 20
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Nov 20
— call IV— put IVATM ≈ 62.6% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Nov 20
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, Nov 20
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.90
-0.06
70
0.0108
0.04
-0.06
-0.10
0.84
-0.08
75
0.0164
0.06
-0.08
-0.17
0.78
-0.09
78
0.0203
0.07
-0.09
-0.22
0.76
-0.09
79
0.0217
0.07
-0.09
-0.24
0.74
-0.10
80
0.0230
0.07
-0.10
-0.27
0.71
-0.10
81
0.0242
0.08
-0.10
-0.29
0.61
-0.11
85
0.0281
0.09
-0.11
-0.40
0.55
-0.11
87
0.0290
0.09
-0.12
-0.46
0.51
-0.11
88.5
0.0291
0.09
-0.12
-0.50
0.49
-0.12
89
0.0291
0.09
-0.12
-0.52
0.47
-0.12
90
0.0288
0.09
-0.12
-0.54
0.44
-0.11
91
0.0284
0.09
-0.12
-0.57
0.41
-0.11
92
0.0279
0.09
-0.12
-0.60
0.39
-0.11
93
0.0272
0.09
-0.11
-0.62
0.36
-0.11
94
0.0265
0.08
-0.11
-0.65
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 47 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.