■ 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 — 2880 — is the max pain price.
Open interest by strike · Fri, Oct 16
■ calls (up)■ puts (down)AZO open contracts per strike for Fri, Oct 16.
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 16
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Oct 16
— call IV— put IVATM ≈ 34.8% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Oct 16
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 16
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.80
-4.45
2820
0.0030
0.74
-4.50
-0.20
0.77
-4.81
2830
0.0033
0.80
-4.87
-0.23
0.74
-5.16
2840
0.0036
0.86
-5.23
-0.26
0.70
-5.50
2850
0.0038
0.91
-5.58
-0.30
0.67
-5.80
2860
0.0041
0.96
-5.89
-0.34
0.62
-6.07
2870
0.0043
1.00
-6.16
-0.38
0.58
-6.27
2880
0.0044
1.03
-6.37
-0.42
0.54
-6.40
2890
0.0045
1.05
-6.51
-0.47
0.49
-6.45
2900
0.0045
1.05
-6.57
-0.51
0.45
-6.43
2910
0.0044
1.04
-6.54
-0.56
0.41
-6.33
2920
0.0043
1.02
-6.45
-0.60
0.37
-6.18
2930
0.0041
0.99
-6.28
-0.64
0.30
-5.73
2950
0.0036
0.91
-5.81
-0.71
0.27
-5.46
2960
0.0034
0.86
-5.54
-0.74
0.24
-5.18
2970
0.0031
0.82
-5.24
-0.77
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 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.