■ 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 — 95 — is the max pain price.
Open interest by strike · Fri, Sep 18
■ calls (up)■ puts (down)HOOD open contracts per strike for Fri, Sep 18.
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, Sep 18
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Sep 18
— call IV— put IVATM ≈ 74.5% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Sep 18
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, Sep 18
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.94
-0.03
60
0.0041
0.04
-0.03
-0.06
0.91
-0.04
65
0.0058
0.06
-0.04
-0.09
0.87
-0.05
70
0.0078
0.08
-0.06
-0.13
0.81
-0.07
75
0.0098
0.09
-0.07
-0.19
0.75
-0.08
80
0.0118
0.11
-0.08
-0.25
0.68
-0.09
85
0.0135
0.13
-0.09
-0.32
0.61
-0.10
90
0.0146
0.14
-0.10
-0.40
0.53
-0.10
95
0.0152
0.14
-0.10
-0.47
0.46
-0.10
100
0.0153
0.14
-0.10
-0.55
0.39
-0.09
105
0.0148
0.13
-0.09
-0.62
0.33
-0.09
110
0.0140
0.13
-0.09
-0.68
0.27
-0.08
115
0.0129
0.12
-0.08
-0.74
0.22
-0.07
120
0.0116
0.10
-0.07
-0.79
0.18
-0.06
125
0.0102
0.09
-0.06
-0.83
0.15
-0.06
130
0.0089
0.08
-0.05
-0.87
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 49 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.