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 — 835 — is the max pain price.
Open interest by strike · Fri, Nov 27
■ calls (up)■ puts (down)LITE 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 ≈ 77.4% · 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
0.70
-0.94
690
0.0019
0.82
-0.94
-0.30
0.68
-0.96
700
0.0019
0.84
-0.97
-0.32
0.66
-0.98
710
0.0020
0.86
-0.99
-0.34
0.64
-1.00
720
0.0020
0.88
-1.01
-0.37
0.62
-1.01
730
0.0021
0.90
-1.02
-0.39
0.59
-1.03
740
0.0021
0.91
-1.04
-0.41
0.57
-1.04
750
0.0021
0.92
-1.05
-0.43
0.55
-1.04
760
0.0022
0.93
-1.06
-0.45
0.53
-1.05
770
0.0022
0.93
-1.06
-0.47
0.52
-1.05
775
0.0022
0.93
-1.06
-0.48
0.51
-1.05
780
0.0022
0.94
-1.06
-0.50
0.49
-1.05
790
0.0022
0.94
-1.06
-0.52
0.48
-1.05
795
0.0022
0.93
-1.06
-0.53
0.47
-1.04
800
0.0022
0.93
-1.06
-0.54
0.45
-1.04
810
0.0022
0.93
-1.05
-0.56
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 60 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.