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 — 76 — is the max pain price.
Open interest by strike · Fri, Nov 27
■ calls (up)■ puts (down)LEN 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 ≈ 42.4% · 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
0.83
-0.03
66
0.0226
0.07
-0.03
-0.17
0.81
-0.03
67
0.0248
0.07
-0.03
-0.20
0.78
-0.04
68
0.0270
0.08
-0.04
-0.22
0.72
-0.04
70
0.0310
0.09
-0.04
-0.28
0.65
-0.04
72
0.0342
0.10
-0.04
-0.35
0.61
-0.04
73
0.0354
0.10
-0.05
-0.39
0.58
-0.05
74
0.0363
0.10
-0.05
-0.43
0.50
-0.05
76
0.0369
0.10
-0.05
-0.50
0.47
-0.05
77
0.0368
0.10
-0.05
-0.54
0.40
-0.05
79
0.0356
0.10
-0.05
-0.61
0.28
-0.04
83
0.0305
0.09
-0.04
-0.73
0.23
-0.04
85
0.0273
0.08
-0.04
-0.78
0.21
-0.04
86
0.0256
0.08
-0.04
-0.81
0.19
-0.03
87
0.0240
0.07
-0.03
-0.82
0.17
-0.03
88
0.0223
0.07
-0.03
-0.84
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 18 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.