Event risk before this expiration:CPI release Wed, Oct 14 — 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 — 1160 — is the max pain price.
Open interest by strike · Fri, Oct 16
■ calls (up)■ puts (down)LLY open contracts per strike for Fri, Oct 16.
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, Oct 16
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Oct 16
— call IV— put IVATM ≈ 34.4% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Oct 16
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, Oct 16
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.93
-0.74
1110
0.0033
0.14
-0.75
-0.07
0.92
-0.90
1115
0.0039
0.17
-0.91
-0.09
0.90
-1.07
1120
0.0046
0.19
-1.08
-0.10
0.84
-1.47
1130
0.0062
0.26
-1.49
-0.16
0.78
-1.92
1140
0.0079
0.32
-1.93
-0.23
0.69
-2.32
1150
0.0095
0.38
-2.34
-0.31
0.59
-2.59
1160
0.0105
0.41
-2.62
-0.41
0.48
-2.66
1170
0.0108
0.42
-2.69
-0.52
0.43
-2.60
1175
0.0107
0.42
-2.63
-0.57
0.38
-2.50
1180
0.0104
0.40
-2.53
-0.63
0.28
-2.16
1190
0.0092
0.36
-2.18
-0.72
0.20
-1.73
1200
0.0076
0.30
-1.74
-0.81
0.17
-1.50
1205
0.0067
0.27
-1.51
-0.84
0.14
-1.29
1210
0.0059
0.24
-1.29
-0.87
0.09
-0.91
1220
0.0043
0.18
-0.90
-0.92
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.