■ 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 — 12.5 — is the max pain price.
Open interest by strike · Fri, Aug 28
■ calls (up)■ puts (down)LI open contracts per strike for Fri, Aug 28.
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 28
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Aug 28
— call IV— put IVATM ≈ 56.5% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Aug 28
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 28
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.94
-0.01
8.5
0.0369
0.00
-0.01
-0.06
0.93
-0.01
9
0.0476
0.00
-0.01
-0.07
0.92
-0.01
9.5
0.0624
0.00
-0.01
-0.08
0.90
-0.01
10
0.0838
0.00
-0.01
-0.10
0.87
-0.01
10.5
0.1163
0.01
-0.01
-0.13
0.82
-0.01
11
0.1669
0.01
-0.01
-0.18
0.73
-0.01
11.5
0.2334
0.01
-0.01
-0.27
0.60
-0.02
12
0.2821
0.01
-0.02
-0.40
0.46
-0.02
12.5
0.2875
0.01
-0.02
-0.54
0.33
-0.02
13
0.2579
0.01
-0.02
-0.67
0.23
-0.01
13.5
0.2098
0.01
-0.01
-0.78
0.15
-0.01
14
0.1591
0.01
-0.01
-0.85
0.11
-0.01
14.5
0.1181
0.01
-0.01
-0.90
0.08
-0.01
15
0.0894
0.00
-0.01
-0.92
0.06
-0.01
15.5
0.0697
0.00
-0.01
-0.94
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 27 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.