■ 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 — 105 — is the max pain price.
Open interest by strike · Fri, Mar 19
■ calls (up)■ puts (down)LOGI open contracts per strike for Fri, Mar 19.
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, Mar 19
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Mar 19
— call IV— put IVATM ≈ 37.3% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Mar 19
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, Mar 19
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.92
-0.01
70
0.0044
0.13
-0.01
-0.09
0.89
-0.01
75
0.0056
0.16
-0.01
-0.12
0.85
-0.01
80
0.0070
0.19
-0.02
-0.15
0.81
-0.02
85
0.0085
0.22
-0.02
-0.20
0.76
-0.02
90
0.0100
0.25
-0.02
-0.25
0.70
-0.02
95
0.0113
0.28
-0.03
-0.31
0.64
-0.02
100
0.0123
0.30
-0.03
-0.38
0.57
-0.03
105
0.0130
0.31
-0.03
-0.45
0.51
-0.03
110
0.0133
0.32
-0.03
-0.52
0.45
-0.03
115
0.0132
0.32
-0.03
-0.58
0.39
-0.03
120
0.0129
0.31
-0.03
-0.65
0.34
-0.02
125
0.0122
0.29
-0.03
-0.70
0.29
-0.02
130
0.0114
0.27
-0.02
-0.76
0.21
-0.02
140
0.0096
0.23
-0.02
-0.85
0.15
-0.02
150
0.0078
0.19
-0.01
-0.91
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 20 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.