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 — 415 — is the max pain price.
Open interest by strike · Fri, Oct 30
■ calls (up)■ puts (down)AMGN 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 ≈ 29.6% · 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
0.79
-0.40
425
0.0153
0.18
-0.40
-0.21
0.75
-0.43
427.5
0.0170
0.20
-0.44
-0.25
0.70
-0.46
430
0.0186
0.21
-0.47
-0.30
0.66
-0.49
432.5
0.0200
0.22
-0.50
-0.34
0.61
-0.51
435
0.0212
0.23
-0.52
-0.40
0.55
-0.52
437.5
0.0219
0.24
-0.53
-0.45
0.50
-0.53
440
0.0222
0.24
-0.53
-0.51
0.44
-0.52
442.5
0.0221
0.24
-0.52
-0.56
0.39
-0.50
445
0.0216
0.23
-0.50
-0.62
0.34
-0.47
447.5
0.0206
0.22
-0.48
-0.67
0.29
-0.44
450
0.0192
0.21
-0.44
-0.72
0.24
-0.40
452.5
0.0176
0.19
-0.40
-0.76
0.20
-0.36
455
0.0158
0.17
-0.36
-0.80
0.17
-0.32
457.5
0.0140
0.16
-0.33
-0.84
0.14
-0.29
460
0.0123
0.14
-0.29
-0.86
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 59 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.