SourcePut open interest divided by call open interest
As ofCboe delayed snapshot Nov 3, 7:12 PM ET
How33 put contracts / 20 call contracts = 1.65 for the 2027-06-17 expiration. Open interest is published once a day, before the open, so it describes the previous session.
Too thin to read: 53 open contracts across 11 strikes. Max pain, walls and gamma print from 100 contracts across 5 strikes.
Event risk before this expiration:Jobs report Fri, Nov 6 · CPI release Tue, Nov 10 · Jobs report Fri, Dec 4 · FOMC decision Wed, Dec 9 · CPI release Thu, Dec 10 — macro releases historically overwhelm pinning effects; max pain reads weakest in event weeks.
Too thin to read: 53 open contracts across 11 strikes. Max pain, walls and gamma print from 100 contracts across 5 strikes.
Open interest by strike · Thu, Jun 17
■ calls (up)■ puts (down)FXB open contracts per strike for Thu, Jun 17.
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 · Thu, Jun 17
Implied volatility by strike · Thu, Jun 17
— call IV— put IVATM ≈ 7.0% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Greeks by strike · Thu, Jun 17
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.89
-0.00
118
0.0185
0.18
-0.00
-0.10
0.88
-0.00
119
0.0210
0.20
-0.00
-0.12
0.86
-0.00
120
0.0238
0.22
-0.00
-0.14
0.79
-0.00
123
0.0345
0.29
-0.01
-0.21
0.76
-0.00
124
0.0386
0.31
-0.01
-0.24
0.72
-0.01
125
0.0428
0.33
-0.01
-0.28
0.63
-0.01
127
0.0505
0.37
-0.01
-0.37
0.53
-0.01
129
0.0554
0.39
-0.01
-0.48
0.47
-0.01
130
0.0561
0.39
-0.01
-0.54
0.42
-0.01
131
0.0555
0.39
-0.01
-0.60
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 10 strikes around the money — all 11 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.