Event risk before this expiration:FOMC decision Wed, Oct 28 — 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 — 70.5 — is the max pain price.
Open interest by strike · Fri, Oct 30
■ calls (up)■ puts (down)FBTC open contracts per strike for Fri, Oct 30.
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 30
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Oct 30
— call IV— put IVATM ≈ 33.2% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Oct 30
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 30
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.83
-0.07
67
0.0626
0.03
-0.07
-0.17
0.80
-0.08
67.5
0.0709
0.03
-0.08
-0.20
0.77
-0.09
68
0.0798
0.03
-0.09
-0.23
0.73
-0.09
68.5
0.0890
0.03
-0.09
-0.27
0.69
-0.09
69
0.0980
0.04
-0.09
-0.32
0.64
-0.10
69.5
0.1062
0.04
-0.10
-0.36
0.58
-0.10
70
0.1127
0.04
-0.10
-0.42
0.53
-0.10
70.5
0.1167
0.04
-0.10
-0.48
0.47
-0.10
71
0.1176
0.04
-0.10
-0.54
0.41
-0.10
71.5
0.1153
0.04
-0.10
-0.59
0.35
-0.09
72
0.1100
0.04
-0.09
-0.65
0.30
-0.09
72.5
0.1025
0.03
-0.09
-0.70
0.26
-0.08
73
0.0936
0.03
-0.08
-0.74
0.22
-0.07
73.5
0.0842
0.03
-0.07
-0.78
0.19
-0.07
74
0.0749
0.03
-0.07
-0.82
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 42 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.