Event risk before this expiration:CPI release Wed, Oct 14 · FOMC decision Wed, Oct 28 · Jobs report Fri, Nov 6 — 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 — 69 — is the max pain price.
Open interest by strike · Fri, Nov 6
■ calls (up)■ puts (down)NFLX open contracts per strike for Fri, Nov 6.
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 6
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Nov 6
— call IV— put IVATM ≈ 44.5% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Nov 6
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 6
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.81
-0.04
64
0.0324
0.05
-0.04
-0.19
0.77
-0.05
65
0.0359
0.06
-0.05
-0.23
0.73
-0.05
66
0.0389
0.07
-0.05
-0.27
0.69
-0.05
67
0.0415
0.07
-0.06
-0.32
0.64
-0.06
68
0.0435
0.07
-0.06
-0.36
0.59
-0.06
69
0.0449
0.08
-0.06
-0.41
0.55
-0.06
70
0.0458
0.08
-0.06
-0.46
0.50
-0.06
71
0.0460
0.08
-0.06
-0.50
0.46
-0.06
72
0.0457
0.08
-0.06
-0.55
0.41
-0.06
73
0.0449
0.08
-0.06
-0.59
0.37
-0.06
74
0.0435
0.07
-0.06
-0.63
0.33
-0.06
75
0.0418
0.07
-0.06
-0.68
0.29
-0.05
76
0.0396
0.07
-0.06
-0.71
0.26
-0.05
77
0.0372
0.06
-0.05
-0.75
0.23
-0.05
78
0.0346
0.06
-0.05
-0.78
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 42 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.