Event risk before this expiration:CPI release Wed, Aug 12 · Jobs report Fri, Sep 4 — 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 — 360 — is the max pain price.
Open interest by strike · Fri, Sep 4
■ calls (up)■ puts (down)GE open contracts per strike for Fri, Sep 4.
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, Sep 4
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Sep 4
— call IV— put IVATM ≈ 31.1% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Sep 4
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, Sep 4
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.87
-0.11
340
0.0061
0.23
-0.13
-0.13
0.84
-0.13
345
0.0072
0.26
-0.14
-0.17
0.80
-0.15
350
0.0083
0.30
-0.17
-0.21
0.75
-0.17
355
0.0094
0.34
-0.18
-0.25
0.70
-0.19
360
0.0104
0.37
-0.20
-0.30
0.65
-0.20
365
0.0112
0.39
-0.21
-0.36
0.59
-0.21
370
0.0119
0.41
-0.22
-0.42
0.53
-0.22
375
0.0122
0.42
-0.22
-0.48
0.47
-0.22
380
0.0123
0.42
-0.22
-0.54
0.41
-0.21
385
0.0121
0.41
-0.21
-0.60
0.35
-0.20
390
0.0116
0.39
-0.20
-0.66
0.29
-0.18
395
0.0109
0.36
-0.18
-0.72
0.24
-0.17
400
0.0099
0.33
-0.16
-0.77
0.20
-0.15
405
0.0088
0.30
-0.14
-0.82
0.16
-0.13
410
0.0077
0.26
-0.12
-0.86
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 39 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.