Event risk before this expiration:FOMC decision Wed, Oct 28 · Jobs report Fri, Nov 6 — 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 — 145 — is the max pain price.
Open interest by strike · Fri, Nov 6
■ calls (up)■ puts (down)FTAI open contracts per strike for Fri, Nov 6.
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 6
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Nov 6
— call IV— put IVATM ≈ 92.3% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Nov 6
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 6
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.99
-0.03
100
0.0010
0.01
-0.03
-0.01
0.89
-0.18
125
0.0065
0.06
-0.18
-0.11
0.85
-0.23
130
0.0082
0.07
-0.23
-0.15
0.80
-0.28
135
0.0100
0.09
-0.28
-0.20
0.74
-0.32
140
0.0117
0.10
-0.33
-0.26
0.67
-0.36
145
0.0130
0.11
-0.36
-0.33
0.60
-0.38
150
0.0140
0.12
-0.39
-0.40
0.53
-0.39
155
0.0144
0.12
-0.40
-0.47
0.50
-0.40
157.5
0.0145
0.12
-0.40
-0.51
0.46
-0.39
160
0.0144
0.12
-0.40
-0.54
0.43
-0.39
162.5
0.0143
0.12
-0.39
-0.58
0.39
-0.38
165
0.0140
0.12
-0.38
-0.61
0.36
-0.37
167.5
0.0136
0.11
-0.37
-0.64
0.33
-0.36
170
0.0132
0.11
-0.36
-0.67
0.27
-0.33
175
0.0121
0.10
-0.33
-0.73
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 25 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.