Event risk before this expiration:CPI release Wed, Oct 14 · FOMC decision Wed, Oct 28 · Jobs report Fri, Nov 6 · CPI release Tue, Nov 10 — 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 — 185 — is the max pain price.
Open interest by strike · Fri, Nov 13
■ calls (up)■ puts (down)BA open contracts per strike for Fri, Nov 13.
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, Nov 13
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Nov 13
— call IV— put IVATM ≈ 35.1% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Nov 13
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, Nov 13
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.97
-0.02
155
0.0033
0.05
-0.02
-0.03
0.95
-0.03
160
0.0050
0.07
-0.03
-0.06
0.91
-0.05
165
0.0074
0.10
-0.05
-0.09
0.86
-0.07
170
0.0102
0.13
-0.07
-0.14
0.80
-0.08
175
0.0131
0.17
-0.09
-0.20
0.73
-0.10
180
0.0158
0.20
-0.10
-0.28
0.64
-0.11
185
0.0179
0.22
-0.11
-0.36
0.55
-0.12
190
0.0190
0.23
-0.12
-0.46
0.45
-0.12
195
0.0190
0.23
-0.12
-0.56
0.36
-0.11
200
0.0180
0.22
-0.11
-0.65
0.28
-0.10
205
0.0162
0.20
-0.10
-0.73
0.21
-0.09
210
0.0139
0.17
-0.09
-0.80
0.16
-0.07
215
0.0115
0.14
-0.08
-0.86
0.12
-0.06
220
0.0091
0.12
-0.06
-0.91
0.08
-0.04
225
0.0071
0.09
-0.05
-0.94
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 22 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.