Event risk before this expiration:Jobs report Fri, Oct 2 — 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 — 307.5 — is the max pain price.
Open interest by strike · Fri, Oct 2
■ calls (up)■ puts (down)FDX open contracts per strike for Fri, Oct 2.
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 2
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Oct 2
— call IV— put IVATM ≈ 28.5% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Oct 2
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 2
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.88
-0.14
280
0.0134
0.10
-0.15
-0.12
0.84
-0.17
282.5
0.0162
0.12
-0.17
-0.16
0.80
-0.20
285
0.0191
0.14
-0.20
-0.20
0.75
-0.23
287.5
0.0220
0.16
-0.23
-0.25
0.69
-0.25
290
0.0247
0.17
-0.25
-0.31
0.63
-0.27
292.5
0.0268
0.19
-0.27
-0.37
0.56
-0.28
295
0.0281
0.19
-0.28
-0.44
0.49
-0.28
297.5
0.0285
0.20
-0.28
-0.52
0.42
-0.28
300
0.0279
0.19
-0.28
-0.59
0.35
-0.26
302.5
0.0264
0.18
-0.27
-0.65
0.29
-0.24
305
0.0243
0.17
-0.25
-0.71
0.24
-0.22
307.5
0.0217
0.15
-0.22
-0.77
0.19
-0.19
310
0.0190
0.14
-0.20
-0.82
0.15
-0.17
312.5
0.0162
0.12
-0.17
-0.86
0.12
-0.14
315
0.0137
0.10
-0.15
-0.89
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.