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 — 100 — is the max pain price.
Open interest by strike · Fri, Nov 13
■ calls (up)■ puts (down)NDAQ open contracts per strike for Fri, Nov 13.
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 13
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Nov 13
— call IV— put IVATM ≈ 29.3% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Nov 13
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 13
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.85
-0.05
97
0.0293
0.05
-0.05
-0.15
0.83
-0.05
98
0.0339
0.06
-0.06
-0.17
0.80
-0.06
99
0.0390
0.06
-0.06
-0.20
0.77
-0.06
100
0.0447
0.07
-0.06
-0.23
0.72
-0.06
101
0.0508
0.08
-0.07
-0.28
0.68
-0.07
102
0.0569
0.08
-0.07
-0.33
0.62
-0.07
103
0.0623
0.09
-0.07
-0.39
0.56
-0.07
104
0.0660
0.09
-0.07
-0.45
0.49
-0.07
105
0.0675
0.09
-0.07
-0.52
0.42
-0.07
106
0.0662
0.09
-0.07
-0.58
0.36
-0.07
107
0.0626
0.09
-0.07
-0.65
0.31
-0.06
108
0.0575
0.08
-0.06
-0.70
0.22
-0.06
110
0.0459
0.07
-0.06
-0.79
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 13 strikes around the money — all 25 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.