SourcePut open interest divided by call open interest
As ofCboe delayed snapshot Nov 9, 9:11 PM ET
How10 put contracts / 26 call contracts = 0.38 for the 2026-11-20 expiration. Open interest is published once a day, before the open, so it describes the previous session.
Too thin to read: 36 open contracts across 13 strikes. Max pain, walls and gamma print from 100 contracts across 5 strikes.
Open interest by strike · Fri, Nov 20
■ calls (up)■ puts (down)FDIS open contracts per strike for Fri, Nov 20.
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 20
Implied volatility by strike · Fri, Nov 20
— call IV— put IVATM ≈ 22.4% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Greeks by strike · Fri, Nov 20
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.99
-0.05
55
0.0011
0.00
-0.05
-0.01
0.99
-0.06
60
0.0016
0.00
-0.05
-0.02
0.98
-0.07
70
0.0033
0.01
-0.06
-0.03
0.93
-0.10
90
0.0152
0.02
-0.09
-0.09
0.81
-0.10
99
0.0449
0.05
-0.09
-0.21
0.78
-0.10
100
0.0523
0.05
-0.09
-0.24
0.75
-0.10
101
0.0612
0.06
-0.09
-0.28
0.46
-0.09
105
0.0892
0.07
-0.08
-0.55
0.20
-0.08
110
0.0447
0.05
-0.08
-0.80
0.06
-0.07
125
0.0104
0.02
-0.06
-0.93
0.05
-0.06
130
0.0078
0.02
-0.06
-0.94
0.04
-0.06
135
0.0061
0.02
-0.06
-0.95
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 12 strikes around the money — all 13 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.
Max pain, walls and gamma print only when an expiration holds at least 100 open contracts across 5 strikes, and max pain also needs to stay within 5% of spot when its single heaviest strike is removed. Below that the expiration reads as thin rather than printing a level one trade could move.
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.