Event risk before this expiration:Jobs report Fri, Nov 6 — 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 — 116 — is the max pain price.
Open interest by strike · Fri, Nov 6
■ calls (up)■ puts (down)BX open contracts per strike for Fri, Nov 6.
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 6
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Nov 6
— call IV— put IVATM ≈ 36.8% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Nov 6
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 6
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.91
-0.09
113
0.0300
0.02
-0.11
-0.17
0.88
-0.11
114
0.0377
0.03
-0.13
-0.21
0.84
-0.14
115
0.0460
0.04
-0.14
-0.25
0.79
-0.16
116
0.0543
0.05
-0.15
-0.30
0.73
-0.18
117
0.0613
0.05
-0.16
-0.35
0.67
-0.20
118
0.0667
0.06
-0.17
-0.40
0.60
-0.21
119
0.0699
0.07
-0.17
-0.46
0.53
-0.21
120
0.0707
0.07
-0.17
-0.52
0.46
-0.20
121
0.0691
0.07
-0.17
-0.58
0.39
-0.18
122
0.0655
0.07
-0.16
-0.64
0.33
-0.17
123
0.0604
0.06
-0.15
-0.69
0.27
-0.15
124
0.0545
0.06
-0.13
-0.74
0.22
-0.13
125
0.0481
0.05
-0.12
-0.78
0.18
-0.11
126
0.0416
0.05
-0.10
-0.82
0.14
-0.09
127
0.0354
0.04
-0.09
-0.86
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 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.