■ 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 — 140 — is the max pain price.
Open interest by strike · Fri, Oct 16
■ calls (up)■ puts (down)DD open contracts per strike for Fri, Oct 16.
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, Oct 16
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Oct 16
— call IV— put IVATM ≈ 28.5% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Oct 16
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, Oct 16
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.97
-0.01
110
0.0035
0.05
-0.01
-0.04
0.95
-0.01
115
0.0053
0.07
-0.02
-0.05
0.92
-0.02
120
0.0078
0.09
-0.02
-0.08
0.88
-0.03
125
0.0112
0.12
-0.03
-0.13
0.81
-0.04
130
0.0155
0.16
-0.04
-0.19
0.72
-0.04
135
0.0200
0.19
-0.05
-0.28
0.61
-0.05
140
0.0234
0.22
-0.05
-0.40
0.49
-0.05
145
0.0248
0.23
-0.06
-0.52
0.38
-0.05
150
0.0236
0.22
-0.05
-0.64
0.27
-0.04
155
0.0206
0.19
-0.05
-0.75
0.19
-0.04
160
0.0167
0.16
-0.04
-0.84
0.13
-0.03
165
0.0129
0.13
-0.03
-0.90
0.09
-0.02
170
0.0096
0.10
-0.02
-0.94
0.06
-0.02
175
0.0070
0.07
-0.01
-0.97
0.04
-0.01
180
0.0050
0.05
-0.00
-0.98
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 19 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.