■ 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 — 14.5 — is the max pain price.
Open interest by strike · Fri, Aug 28
■ calls (up)■ puts (down)ETHA open contracts per strike for Fri, Aug 28.
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, Aug 28
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Aug 28
— call IV— put IVATM ≈ 39.5% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Aug 28
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, Aug 28
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.98
-0.00
10.5
0.0245
0.00
-0.00
-0.02
0.97
-0.01
11
0.0351
0.00
-0.01
-0.03
0.95
-0.01
11.5
0.0516
0.00
-0.01
-0.04
0.93
-0.01
12
0.0777
0.00
-0.01
-0.07
0.90
-0.01
12.5
0.1197
0.01
-0.01
-0.10
0.84
-0.01
13
0.1859
0.01
-0.01
-0.16
0.74
-0.01
13.5
0.2782
0.01
-0.01
-0.26
0.59
-0.01
14
0.3633
0.01
-0.01
-0.41
0.40
-0.01
14.5
0.3670
0.01
-0.01
-0.60
0.25
-0.01
15
0.2898
0.01
-0.01
-0.76
0.15
-0.01
15.5
0.2014
0.01
-0.01
-0.85
0.10
-0.01
16
0.1345
0.01
-0.01
-0.91
0.06
-0.01
16.5
0.0897
0.00
-0.01
-0.95
0.04
-0.00
17
0.0606
0.00
-0.00
-0.97
0.03
-0.00
17.5
0.0417
0.00
-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 32 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.