Event risk before this expiration:FOMC decision Wed, Oct 28 · Jobs report Fri, Nov 6 · CPI release Tue, Nov 10 — 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 — 64 — is the max pain price.
Open interest by strike · Fri, Nov 27
■ calls (up)■ puts (down)GEHC open contracts per strike for Fri, Nov 27.
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 27
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Nov 27
— call IV— put IVATM ≈ 35.6% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Nov 27
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 27
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.82
-0.04
64
0.0276
0.06
-0.04
-0.18
0.79
-0.04
65
0.0308
0.06
-0.04
-0.21
0.76
-0.04
66
0.0341
0.07
-0.04
-0.24
0.72
-0.04
67
0.0374
0.07
-0.04
-0.28
0.69
-0.04
68
0.0405
0.08
-0.04
-0.31
0.65
-0.05
69
0.0433
0.08
-0.05
-0.36
0.60
-0.05
70
0.0456
0.09
-0.05
-0.40
0.55
-0.05
71
0.0472
0.09
-0.05
-0.45
0.51
-0.05
72
0.0480
0.09
-0.05
-0.50
0.46
-0.05
73
0.0481
0.09
-0.05
-0.54
0.41
-0.05
74
0.0473
0.09
-0.05
-0.59
0.37
-0.04
75
0.0458
0.08
-0.04
-0.64
0.29
-0.04
77
0.0411
0.07
-0.04
-0.72
0.25
-0.04
78
0.0382
0.07
-0.04
-0.75
0.10
-0.02
85
0.0191
0.04
-0.02
-0.91
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 17 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.