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 — 250 — is the max pain price.
Open interest by strike · Mon, Nov 2
■ calls (up)■ puts (down)AMZN open contracts per strike for Mon, Nov 2.
Open-interest change · 2026-10-23 → 2026-10-26
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. Only strikes observed on both days are compared. Biggest moves: 235 +188 · 257.5 +123 · 230 +109 · 247.5 +104
Volume by strike · Mon, Nov 2
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Mon, Nov 2
— call IV— put IVATM ≈ 80.9% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Mon, Nov 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 · Mon, Nov 2
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.78
-0.61
232.5
0.0113
0.10
-0.62
-0.22
0.75
-0.66
235
0.0122
0.10
-0.67
-0.25
0.72
-0.71
237.5
0.0130
0.11
-0.71
-0.28
0.68
-0.75
240
0.0138
0.12
-0.75
-0.32
0.65
-0.79
242.5
0.0144
0.12
-0.79
-0.35
0.61
-0.81
245
0.0148
0.13
-0.81
-0.39
0.57
-0.83
247.5
0.0152
0.13
-0.83
-0.43
0.53
-0.84
250
0.0154
0.13
-0.84
-0.47
0.49
-0.84
252.5
0.0154
0.13
-0.84
-0.51
0.46
-0.83
255
0.0154
0.13
-0.84
-0.55
0.42
-0.82
257.5
0.0151
0.13
-0.82
-0.58
0.38
-0.80
260
0.0148
0.13
-0.80
-0.62
0.35
-0.77
262.5
0.0144
0.12
-0.77
-0.66
0.31
-0.73
265
0.0138
0.12
-0.73
-0.69
0.28
-0.69
267.5
0.0131
0.11
-0.69
-0.72
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 52 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.