Event risk before this expiration:Jobs report Fri, Oct 2 — 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 — 270 — is the max pain price.
Open interest by strike · Fri, Oct 2
■ calls (up)■ puts (down)LNG open contracts per strike for Fri, Oct 2.
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 2
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Oct 2
— call IV— put IVATM ≈ 36.0% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Oct 2
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 2
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.95
-0.10
245
0.0067
0.04
-0.10
-0.05
0.91
-0.16
250
0.0109
0.06
-0.16
-0.09
0.85
-0.23
255
0.0167
0.09
-0.23
-0.15
0.80
-0.28
257.5
0.0199
0.10
-0.28
-0.20
0.75
-0.32
260
0.0231
0.12
-0.32
-0.25
0.69
-0.35
262.5
0.0259
0.13
-0.35
-0.31
0.62
-0.38
265
0.0279
0.14
-0.38
-0.38
0.55
-0.40
267.5
0.0290
0.15
-0.40
-0.46
0.48
-0.40
270
0.0290
0.15
-0.41
-0.53
0.41
-0.40
272.5
0.0280
0.14
-0.40
-0.60
0.34
-0.38
275
0.0261
0.14
-0.38
-0.66
0.28
-0.35
277.5
0.0238
0.13
-0.35
-0.72
0.23
-0.32
280
0.0211
0.12
-0.32
-0.77
0.19
-0.28
282.5
0.0184
0.10
-0.29
-0.81
0.15
-0.25
285
0.0158
0.09
-0.25
-0.85
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 35 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.