■ 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 — 470 — is the max pain price.
Open interest by strike · Fri, Sep 25
■ calls (up)■ puts (down)AMD open contracts per strike for Fri, Sep 25.
Open-interest change · 2026-09-10 → 2026-09-11
Net contracts opened (up, green) or closed (down, red) per strike since the previous snapshot — where the walls are building and where they’re unwinding. Biggest moves: 365 +320 · 430 +290 · 300 −284 · 510 +242
Volume by strike · Fri, Sep 25
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Sep 25
— call IV— put IVATM ≈ 47.4% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Sep 25
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, Sep 25
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.82
-0.46
475
0.0052
0.26
-0.46
-0.18
0.79
-0.50
480
0.0057
0.29
-0.51
-0.21
0.76
-0.54
485
0.0062
0.31
-0.55
-0.24
0.73
-0.58
490
0.0067
0.34
-0.58
-0.27
0.66
-0.64
500
0.0076
0.37
-0.65
-0.34
0.62
-0.67
505
0.0079
0.39
-0.67
-0.38
0.58
-0.68
510
0.0081
0.40
-0.69
-0.42
0.54
-0.69
515
0.0082
0.40
-0.69
-0.47
0.49
-0.69
520
0.0083
0.40
-0.70
-0.51
0.45
-0.69
525
0.0082
0.40
-0.69
-0.55
0.41
-0.67
530
0.0081
0.39
-0.68
-0.59
0.38
-0.65
535
0.0079
0.38
-0.66
-0.63
0.34
-0.63
540
0.0076
0.37
-0.64
-0.67
0.30
-0.60
545
0.0073
0.35
-0.61
-0.70
0.27
-0.57
550
0.0069
0.34
-0.57
-0.73
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 — nearest expiry vs price
— max pain (nearest expiry)- - delayed closeOne point per snapshot day since 2026-07-28; unobserved days are gaps, not guesses.
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.