Event risk before this expiration:Jobs report Fri, Aug 7 · CPI release Wed, Aug 12 — 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 — 390 — is the max pain price.
Open interest by strike · Wed, Aug 12
■ calls (up)■ puts (down)AVGO open contracts per strike for Wed, Aug 12.
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 · Wed, Aug 12
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Wed, Aug 12
— call IV— put IVATM ≈ 48.0% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Wed, Aug 12
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 · Wed, Aug 12
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.69
-0.74
405
0.0123
0.20
-0.74
-0.31
0.66
-0.77
407.5
0.0128
0.21
-0.77
-0.34
0.63
-0.79
410
0.0133
0.22
-0.80
-0.38
0.59
-0.81
412.5
0.0136
0.23
-0.81
-0.41
0.56
-0.82
415
0.0139
0.23
-0.83
-0.45
0.52
-0.83
417.5
0.0140
0.23
-0.83
-0.48
0.49
-0.83
420
0.0141
0.23
-0.83
-0.52
0.45
-0.82
422.5
0.0140
0.23
-0.82
-0.55
0.42
-0.81
425
0.0138
0.23
-0.81
-0.58
0.38
-0.79
427.5
0.0135
0.22
-0.79
-0.62
0.35
-0.77
430
0.0131
0.21
-0.77
-0.65
0.29
-0.70
435
0.0121
0.20
-0.70
-0.71
0.26
-0.66
437.5
0.0115
0.19
-0.67
-0.74
0.24
-0.63
440
0.0109
0.18
-0.63
-0.77
0.21
-0.58
442.5
0.0102
0.17
-0.58
-0.79
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 54 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.