Event risk before this expiration:Jobs report Fri, Oct 2 · 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 — 280 — is the max pain price.
Open interest by strike · Fri, Oct 23
■ calls (up)■ puts (down)LRCX open contracts per strike for Fri, Oct 23.
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 23
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Oct 23
— call IV— put IVATM ≈ 58.8% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Oct 23
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 23
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.78
-0.22
255
0.0056
0.27
-0.23
-0.22
0.75
-0.24
260
0.0060
0.28
-0.24
-0.25
0.71
-0.26
265
0.0064
0.30
-0.26
-0.29
0.68
-0.27
270
0.0068
0.32
-0.27
-0.32
0.64
-0.28
275
0.0071
0.33
-0.28
-0.36
0.60
-0.29
280
0.0073
0.34
-0.29
-0.40
0.57
-0.30
285
0.0075
0.35
-0.30
-0.43
0.53
-0.30
290
0.0076
0.35
-0.30
-0.47
0.49
-0.30
295
0.0076
0.36
-0.30
-0.51
0.46
-0.30
300
0.0076
0.35
-0.30
-0.55
0.42
-0.29
305
0.0074
0.35
-0.30
-0.58
0.39
-0.29
310
0.0073
0.34
-0.29
-0.62
0.35
-0.28
315
0.0071
0.33
-0.28
-0.65
0.32
-0.27
320
0.0068
0.32
-0.27
-0.68
0.29
-0.26
325
0.0065
0.31
-0.26
-0.71
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 50 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.