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 — 23.5 — is the max pain price.
Open interest by strike · Fri, Nov 6
■ calls (up)■ puts (down)GME open contracts per strike for Fri, Nov 6.
Open-interest change · 2026-10-23 → 2026-10-26
Net contracts opened (up, green) or closed (down, red) per strike since the previous snapshot: where the walls are building and where they’re unwinding. Only strikes observed on both days are compared; 3 strikes were in only one day’s snapshot (each keeps its largest strikes) and are left out. Biggest moves: 28 +3K · 19.5 +991 · 26 +976 · 25 +967
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 ≈ 47.8% · 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
0.96
-0.01
20.5
0.0412
0.00
-0.01
-0.04
0.94
-0.01
21
0.0597
0.01
-0.01
-0.06
0.91
-0.01
21.5
0.0855
0.01
-0.02
-0.10
0.86
-0.02
22
0.1183
0.01
-0.02
-0.14
0.79
-0.03
22.5
0.1546
0.01
-0.03
-0.21
0.70
-0.03
23
0.1870
0.01
-0.03
-0.30
0.60
-0.04
23.5
0.2062
0.02
-0.04
-0.41
0.49
-0.04
24
0.2080
0.02
-0.04
-0.51
0.40
-0.04
24.5
0.1951
0.01
-0.04
-0.61
0.31
-0.04
25
0.1732
0.01
-0.04
-0.69
0.25
-0.03
25.5
0.1481
0.01
-0.03
-0.76
0.20
-0.03
26
0.1238
0.01
-0.03
-0.81
0.16
-0.03
26.5
0.1028
0.01
-0.03
-0.85
0.13
-0.03
27
0.0857
0.01
-0.03
-0.87
0.11
-0.02
27.5
0.0723
0.01
-0.02
-0.89
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 45 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 history — nearest expiry vs price
— max pain (nearest expiry)- - delayed closeOne point per snapshot day since 2026-07-28; unobserved days are gaps, not guesses.
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.