■ 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 — 335 — is the max pain price.
Open interest by strike · Fri, Aug 7
■ calls (up)■ puts (down)GOOGL open contracts per strike for Fri, Aug 7.
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, Aug 7
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Aug 7
— call IV— put IVATM ≈ 33.5% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Aug 7
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, Aug 7
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.85
-0.22
315
0.0119
0.13
-0.22
-0.15
0.78
-0.28
320
0.0153
0.16
-0.28
-0.22
0.74
-0.30
322.5
0.0170
0.18
-0.31
-0.26
0.70
-0.33
325
0.0185
0.19
-0.33
-0.30
0.65
-0.35
327.5
0.0198
0.20
-0.35
-0.35
0.60
-0.36
330
0.0208
0.21
-0.37
-0.40
0.55
-0.37
332.5
0.0214
0.22
-0.38
-0.46
0.49
-0.37
335
0.0216
0.22
-0.38
-0.51
0.44
-0.37
337.5
0.0215
0.22
-0.37
-0.56
0.39
-0.36
340
0.0209
0.21
-0.36
-0.62
0.34
-0.34
342.5
0.0200
0.20
-0.34
-0.67
0.29
-0.32
345
0.0187
0.19
-0.32
-0.72
0.25
-0.29
347.5
0.0173
0.18
-0.29
-0.76
0.21
-0.26
350
0.0157
0.16
-0.26
-0.80
0.17
-0.23
352.5
0.0140
0.14
-0.24
-0.83
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 60 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
History starts accruing now: first snapshot taken 2026-07-28. We chart only days we actually observed — check back as the record builds. The measured hit-rate across all tickers lives on the accuracy ledger.
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.