■ 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 — 72 — is the max pain price.
Open interest by strike · Fri, Aug 7
■ calls (up)■ puts (down)NFLX open contracts per strike for Fri, Aug 7.
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, Aug 7
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Aug 7
— call IV— put IVATM ≈ 36.6% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Aug 7
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, Aug 7
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.99
-0.01
67
0.0073
0.00
-0.01
-0.01
0.99
-0.01
68
0.0116
0.00
-0.01
-0.01
0.98
-0.01
69
0.0193
0.00
-0.02
-0.02
0.97
-0.02
70
0.0338
0.00
-0.02
-0.03
0.94
-0.04
71
0.0641
0.00
-0.04
-0.06
0.88
-0.09
72
0.1350
0.01
-0.09
-0.12
0.70
-0.27
73
0.2503
0.01
-0.27
-0.30
0.42
-0.41
74
0.2824
0.01
-0.41
-0.58
0.20
-0.16
75
0.1882
0.01
-0.16
-0.81
0.09
-0.06
76
0.0963
0.01
-0.07
-0.92
0.04
-0.03
77
0.0494
0.00
-0.05
-0.97
0.02
-0.02
78
0.0272
0.00
-0.04
-0.98
0.01
-0.01
79
0.0159
0.00
-0.03
-0.99
0.01
-0.01
80
0.0098
0.00
-0.03
-0.99
0.01
-0.01
81
0.0062
0.00
-0.03
-1.00
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 48 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.