Event risk before this expiration:Jobs report Fri, Oct 2 — 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 — 660 — is the max pain price.
Open interest by strike · Fri, Oct 2
■ calls (up)■ puts (down)DE open contracts per strike for Fri, Oct 2.
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 2
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Oct 2
— call IV— put IVATM ≈ 27.8% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Oct 2
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 2
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.88
-0.29
640
0.0050
0.27
-0.30
-0.13
0.83
-0.37
650
0.0067
0.35
-0.38
-0.19
0.79
-0.41
655
0.0076
0.38
-0.41
-0.22
0.75
-0.45
660
0.0085
0.42
-0.45
-0.26
0.66
-0.51
670
0.0100
0.49
-0.50
-0.35
0.64
-0.52
672.5
0.0103
0.50
-0.51
-0.38
0.56
-0.54
680
0.0109
0.53
-0.53
-0.46
0.53
-0.54
682.5
0.0110
0.53
-0.53
-0.48
0.45
-0.53
690
0.0110
0.53
-0.52
-0.56
0.42
-0.53
692.5
0.0108
0.52
-0.52
-0.59
0.34
-0.49
700
0.0102
0.49
-0.48
-0.67
0.32
-0.48
702.5
0.0099
0.48
-0.47
-0.69
0.30
-0.46
705
0.0095
0.46
-0.45
-0.71
0.27
-0.45
707.5
0.0091
0.45
-0.43
-0.73
0.25
-0.43
710
0.0088
0.43
-0.42
-0.76
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 47 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.