■ 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 — 525 — is the max pain price.
Open interest by strike · Fri, Aug 14
■ calls (up)■ puts (down)AMD open contracts per strike for Fri, Aug 14.
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, Aug 14
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Aug 14
— call IV— put IVATM ≈ 88.2% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Aug 14
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, Aug 14
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.68
-0.93
425
0.0041
0.35
-0.94
-0.32
0.66
-0.95
430
0.0042
0.36
-0.96
-0.35
0.63
-0.97
435
0.0043
0.37
-0.98
-0.37
0.61
-0.99
440
0.0044
0.38
-1.00
-0.39
0.59
-1.01
445
0.0045
0.38
-1.01
-0.41
0.56
-1.02
450
0.0045
0.39
-1.02
-0.44
0.54
-1.02
455
0.0046
0.39
-1.03
-0.46
0.52
-1.03
460
0.0046
0.39
-1.03
-0.48
0.47
-1.02
470
0.0046
0.39
-1.03
-0.53
0.45
-1.02
475
0.0046
0.39
-1.02
-0.55
0.43
-1.01
480
0.0045
0.39
-1.01
-0.57
0.41
-1.00
485
0.0045
0.38
-1.00
-0.59
0.39
-0.98
490
0.0044
0.38
-0.98
-0.61
0.37
-0.96
495
0.0044
0.37
-0.97
-0.63
0.35
-0.95
500
0.0043
0.36
-0.95
-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 60 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 history
History starts accruing now: first snapshot taken 2026-07-28. We chart only days we actually observed — check back as the record builds. The measured hit-rate across all tickers lives on the accuracy ledger.
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.