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 — 14.5 — is the max pain price.
Open interest by strike · Fri, Nov 6
■ calls (up)■ puts (down)CAG 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 ≈ 31.3% · 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
0.96
-0.01
12
0.0752
0.00
-0.01
-0.07
0.93
-0.01
12.5
0.1280
0.00
-0.01
-0.11
0.88
-0.01
13
0.2355
0.00
-0.01
-0.18
0.76
-0.01
13.5
0.4595
0.01
-0.01
-0.34
0.48
-0.02
14
0.6413
0.01
-0.01
-0.62
0.24
-0.01
14.5
0.4246
0.01
-0.01
-0.81
0.13
-0.01
15
0.2414
0.01
-0.01
-0.89
0.08
-0.01
15.5
0.1471
0.00
-0.01
-0.93
0.06
-0.01
16
0.0969
0.00
-0.01
-0.95
0.04
-0.01
16.5
0.0679
0.00
-0.01
-0.96
0.03
-0.01
17
0.0500
0.00
-0.01
-0.97
0.02
-0.00
19
0.0200
0.00
-0.00
-0.99
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 12 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.