■ 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 — 75 — is the max pain price.
Open interest by strike · Fri, Sep 18
■ calls (up)■ puts (down)BBIO open contracts per strike for Fri, Sep 18.
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, Sep 18
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Sep 18
— call IV— put IVATM ≈ 43.6% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Sep 18
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, Sep 18
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.98
-0.02
45
0.0026
0.01
-0.02
-0.02
0.97
-0.02
50
0.0038
0.01
-0.02
-0.03
0.94
-0.03
60
0.0087
0.03
-0.03
-0.07
0.83
-0.05
70
0.0225
0.06
-0.05
-0.17
0.78
-0.05
72.5
0.0284
0.07
-0.05
-0.23
0.70
-0.06
75
0.0347
0.08
-0.05
-0.30
0.61
-0.06
77.5
0.0400
0.09
-0.06
-0.39
0.51
-0.06
80
0.0422
0.09
-0.06
-0.49
0.41
-0.06
82.5
0.0403
0.09
-0.06
-0.59
0.32
-0.06
85
0.0359
0.09
-0.06
-0.67
0.26
-0.05
87.5
0.0307
0.08
-0.05
-0.74
0.20
-0.05
90
0.0258
0.07
-0.05
-0.79
0.17
-0.04
92.5
0.0216
0.06
-0.04
-0.83
0.14
-0.04
95
0.0181
0.05
-0.04
-0.86
0.10
-0.03
100
0.0129
0.04
-0.03
-0.90
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 18 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.