Event risk before this expiration:Jobs report Fri, Aug 7 · CPI release Wed, Aug 12 — 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 — 6 — is the max pain price.
Open interest by strike · Fri, Aug 14
■ calls (up)■ puts (down)LCID open contracts per strike for Fri, Aug 14.
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 14
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Aug 14
— call IV— put IVATM ≈ 121.8% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Aug 14
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 14
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.97
-0.01
4
0.0311
0.00
-0.01
-0.04
0.95
-0.01
4.5
0.0500
0.00
-0.01
-0.06
0.92
-0.02
5
0.0764
0.00
-0.01
-0.09
0.88
-0.02
5.5
0.1105
0.00
-0.02
-0.14
0.81
-0.02
6
0.1505
0.00
-0.02
-0.20
0.72
-0.03
6.5
0.1901
0.01
-0.02
-0.29
0.61
-0.03
7
0.2188
0.01
-0.03
-0.39
0.50
-0.03
7.5
0.2271
0.01
-0.03
-0.50
0.39
-0.03
8
0.2151
0.01
-0.03
-0.60
0.31
-0.02
8.5
0.1911
0.01
-0.02
-0.68
0.24
-0.02
9
0.1639
0.01
-0.02
-0.74
0.19
-0.02
9.5
0.1385
0.00
-0.02
-0.79
0.16
-0.02
10
0.1166
0.00
-0.02
-0.83
0.13
-0.02
10.5
0.0985
0.00
-0.01
-0.85
0.11
-0.01
11
0.0836
0.00
-0.01
-0.88
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 23 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.