Event risk before this expiration:FOMC decision Wed, Oct 28 · 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.
■ 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, Feb 19
■ calls (up)■ puts (down)GOOGL open contracts per strike for Fri, Feb 19.
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. Biggest moves: 330 +66 · 300 +61 · 350 +61 · 280 +52
Volume by strike · Fri, Feb 19
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Feb 19
— call IV— put IVATM ≈ 35.1% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Feb 19
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, Feb 19
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.79
-0.07
280
0.0045
0.52
-0.08
-0.22
0.76
-0.08
285
0.0049
0.55
-0.09
-0.24
0.74
-0.08
290
0.0052
0.58
-0.09
-0.27
0.71
-0.09
295
0.0055
0.61
-0.09
-0.30
0.68
-0.09
300
0.0058
0.64
-0.10
-0.33
0.65
-0.09
305
0.0060
0.66
-0.10
-0.36
0.62
-0.10
310
0.0062
0.68
-0.10
-0.39
0.58
-0.10
315
0.0064
0.70
-0.10
-0.43
0.55
-0.10
320
0.0065
0.71
-0.11
-0.46
0.52
-0.10
325
0.0066
0.71
-0.11
-0.49
0.49
-0.10
330
0.0066
0.71
-0.11
-0.53
0.46
-0.10
335
0.0066
0.71
-0.10
-0.56
0.43
-0.10
340
0.0065
0.70
-0.10
-0.59
0.40
-0.10
345
0.0064
0.69
-0.10
-0.62
0.37
-0.10
350
0.0062
0.67
-0.10
-0.66
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 54 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.