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 — 55 — is the max pain price.
Open interest by strike · Fri, Nov 27
■ calls (up)■ puts (down)GTLB 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 ≈ 57.5% · 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
0.80
-0.04
49
0.0260
0.05
-0.04
-0.20
0.77
-0.05
50
0.0284
0.05
-0.05
-0.23
0.73
-0.05
51
0.0308
0.06
-0.05
-0.26
0.70
-0.05
52
0.0329
0.06
-0.05
-0.30
0.67
-0.05
53
0.0349
0.06
-0.05
-0.33
0.63
-0.06
54
0.0365
0.07
-0.06
-0.37
0.59
-0.06
55
0.0378
0.07
-0.06
-0.41
0.55
-0.06
56
0.0388
0.07
-0.06
-0.45
0.51
-0.06
57
0.0393
0.07
-0.06
-0.49
0.47
-0.06
58
0.0394
0.07
-0.06
-0.53
0.44
-0.06
59
0.0392
0.07
-0.06
-0.56
0.40
-0.06
60
0.0385
0.07
-0.06
-0.60
0.27
-0.05
64
0.0330
0.06
-0.05
-0.74
0.24
-0.04
65
0.0311
0.05
-0.04
-0.77
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 14 strikes around the money — all 22 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.