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 — 29 — is the max pain price.
Open interest by strike · Fri, Nov 6
■ calls (up)■ puts (down)CMG 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 ≈ 38.5% · 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
0.97
-0.01
28.5
0.0367
0.00
-0.01
-0.03
0.95
-0.01
29
0.0537
0.01
-0.01
-0.05
0.92
-0.02
29.5
0.0801
0.01
-0.02
-0.08
0.88
-0.03
30
0.1160
0.01
-0.03
-0.13
0.81
-0.03
30.5
0.1571
0.01
-0.03
-0.19
0.72
-0.04
31
0.1954
0.01
-0.04
-0.28
0.61
-0.05
31.5
0.2225
0.02
-0.05
-0.39
0.50
-0.05
32
0.2325
0.02
-0.05
-0.51
0.38
-0.05
32.5
0.2235
0.02
-0.05
-0.62
0.28
-0.04
33
0.1973
0.01
-0.04
-0.73
0.19
-0.03
33.5
0.1605
0.01
-0.03
-0.81
0.13
-0.03
34
0.1223
0.01
-0.03
-0.88
0.09
-0.02
34.5
0.0897
0.01
-0.02
-0.92
0.06
-0.01
35
0.0651
0.01
-0.01
-0.95
0.04
-0.01
35.5
0.0476
0.00
-0.01
-0.96
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 41 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.