Event risk before this expiration:FOMC decision Wed, Oct 28 · Jobs report Fri, Nov 6 · CPI release Tue, Nov 10 — 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, Nov 13
■ calls (up)■ puts (down)FBTC open contracts per strike for Fri, Nov 13.
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, Nov 13
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Nov 13
— call IV— put IVATM ≈ 39.1% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Nov 13
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, Nov 13
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.77
-0.05
66
0.0412
0.05
-0.05
-0.23
0.73
-0.06
67
0.0465
0.06
-0.06
-0.27
0.71
-0.06
67.5
0.0490
0.06
-0.06
-0.29
0.69
-0.06
68
0.0515
0.06
-0.06
-0.32
0.66
-0.06
68.5
0.0538
0.06
-0.06
-0.35
0.63
-0.06
69
0.0560
0.06
-0.06
-0.37
0.58
-0.06
70
0.0592
0.07
-0.06
-0.43
0.55
-0.06
70.5
0.0603
0.07
-0.06
-0.46
0.52
-0.06
71
0.0610
0.07
-0.06
-0.49
0.49
-0.06
71.5
0.0611
0.07
-0.06
-0.52
0.46
-0.06
72
0.0609
0.07
-0.06
-0.56
0.37
-0.06
73.5
0.0576
0.06
-0.06
-0.64
0.34
-0.06
74
0.0558
0.06
-0.06
-0.67
0.30
-0.06
75
0.0517
0.06
-0.06
-0.72
0.27
-0.05
75.5
0.0494
0.06
-0.06
-0.74
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 31 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.