Event risk before this expiration:FOMC decision Wed, Sep 16 · Jobs report Fri, Oct 2 — 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 — 470 — is the max pain price.
Open interest by strike · Fri, Oct 2
■ calls (up)■ puts (down)AMD open contracts per strike for Fri, Oct 2.
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: 520 +211 · 545 +189 · 385 −178 · 505 +151
Volume by strike · Fri, Oct 2
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Oct 2
— call IV— put IVATM ≈ 48.3% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Oct 2
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 2
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.76
-0.46
480
0.0051
0.39
-0.46
-0.24
0.73
-0.48
485
0.0054
0.41
-0.48
-0.27
0.70
-0.50
490
0.0057
0.43
-0.51
-0.30
0.67
-0.52
495
0.0060
0.45
-0.53
-0.33
0.64
-0.54
500
0.0062
0.47
-0.55
-0.36
0.61
-0.56
505
0.0064
0.48
-0.56
-0.40
0.57
-0.56
510
0.0065
0.49
-0.57
-0.43
0.54
-0.57
515
0.0066
0.49
-0.57
-0.46
0.51
-0.57
520
0.0066
0.49
-0.58
-0.50
0.47
-0.57
525
0.0066
0.49
-0.58
-0.53
0.44
-0.57
530
0.0066
0.49
-0.57
-0.56
0.41
-0.56
535
0.0065
0.48
-0.56
-0.59
0.38
-0.55
540
0.0064
0.47
-0.55
-0.63
0.35
-0.53
545
0.0062
0.46
-0.54
-0.66
0.32
-0.51
550
0.0060
0.44
-0.52
-0.68
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.