■ 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 — 34.42 — is the max pain price.
Open interest by strike · Fri, Jan 15
■ calls (up)■ puts (down)EQNR 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 ≈ 35.8% · 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
0.87
-0.01
33
0.0217
0.06
-0.01
-0.14
0.83
-0.01
34.42
0.0261
0.07
-0.01
-0.18
0.76
-0.01
36.42
0.0320
0.08
-0.01
-0.24
0.70
-0.01
38
0.0361
0.09
-0.01
-0.30
0.66
-0.01
39
0.0382
0.10
-0.01
-0.34
0.62
-0.01
40
0.0398
0.10
-0.01
-0.38
0.58
-0.01
41
0.0409
0.10
-0.01
-0.42
0.54
-0.01
42
0.0415
0.10
-0.01
-0.46
0.50
-0.01
43
0.0416
0.10
-0.01
-0.50
0.46
-0.01
44
0.0412
0.10
-0.01
-0.54
0.42
-0.01
45
0.0405
0.10
-0.01
-0.58
0.39
-0.01
46
0.0394
0.10
-0.01
-0.62
0.27
-0.01
50
0.0329
0.09
-0.01
-0.74
0.16
-0.01
55
0.0238
0.07
-0.01
-0.84
0.10
-0.01
60
0.0165
0.05
-0.00
-0.90
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 24 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.