■ 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 — 100 — is the max pain price.
Open interest by strike · Fri, Jan 15
■ calls (up)■ puts (down)CAMT open contracts per strike for Fri, Jan 15.
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, Jan 15
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Jan 15
— call IV— put IVATM ≈ 74.9% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Jan 15
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, Jan 15
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.76
-0.08
140
0.0035
0.35
-0.08
-0.24
0.74
-0.08
145
0.0037
0.37
-0.09
-0.26
0.71
-0.08
150
0.0039
0.38
-0.09
-0.28
0.69
-0.09
155
0.0040
0.40
-0.09
-0.30
0.67
-0.09
160
0.0042
0.41
-0.10
-0.33
0.65
-0.09
165
0.0043
0.42
-0.10
-0.35
0.63
-0.10
170
0.0044
0.43
-0.10
-0.37
0.60
-0.10
175
0.0045
0.44
-0.10
-0.40
0.58
-0.10
180
0.0046
0.44
-0.10
-0.42
0.56
-0.10
185
0.0046
0.45
-0.10
-0.44
0.54
-0.10
190
0.0046
0.45
-0.10
-0.47
0.52
-0.10
195
0.0047
0.45
-0.10
-0.49
0.49
-0.10
200
0.0047
0.45
-0.10
-0.51
0.46
-0.10
210
0.0046
0.45
-0.10
-0.55
0.42
-0.10
220
0.0046
0.44
-0.10
-0.59
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 45 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.