Event risk before this expiration:FOMC decision Wed, Sep 16 · Jobs report Fri, Oct 2 · CPI release Wed, Oct 14 — 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 — 1100 — is the max pain price.
Open interest by strike · Fri, Oct 16
■ calls (up)■ puts (down)FICO open contracts per strike for Fri, Oct 16.
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 16
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Oct 16
— call IV— put IVATM ≈ 49.5% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Oct 16
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 16
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.76
-0.67
900
0.0021
0.96
-0.68
-0.24
0.74
-0.70
910
0.0022
1.00
-0.71
-0.27
0.71
-0.73
920
0.0023
1.04
-0.73
-0.29
0.69
-0.75
930
0.0024
1.08
-0.76
-0.31
0.66
-0.77
940
0.0025
1.12
-0.78
-0.34
0.64
-0.79
950
0.0026
1.15
-0.80
-0.36
0.61
-0.81
960
0.0026
1.17
-0.81
-0.39
0.56
-0.83
980
0.0027
1.21
-0.84
-0.45
0.50
-0.83
1000
0.0027
1.22
-0.84
-0.50
0.45
-0.83
1020
0.0027
1.21
-0.84
-0.55
0.40
-0.81
1040
0.0026
1.18
-0.82
-0.61
0.35
-0.78
1060
0.0025
1.14
-0.80
-0.65
0.31
-0.75
1080
0.0024
1.08
-0.77
-0.70
0.27
-0.71
1100
0.0022
1.01
-0.73
-0.74
0.24
-0.66
1120
0.0020
0.94
-0.68
-0.77
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 60 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.