Event risk before this expiration:Jobs report Fri, Aug 7 · CPI release Wed, Aug 12 — 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 — 42 — is the max pain price.
Open interest by strike · Fri, Aug 28
■ calls (up)■ puts (down)NKE open contracts per strike for Fri, Aug 28.
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 28
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Aug 28
— call IV— put IVATM ≈ 35.8% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Aug 28
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 28
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.95
-0.01
35
0.0186
0.01
-0.01
-0.04
0.94
-0.01
36
0.0246
0.01
-0.01
-0.06
0.92
-0.01
37
0.0336
0.02
-0.01
-0.08
0.89
-0.02
38
0.0463
0.02
-0.02
-0.11
0.84
-0.02
39
0.0622
0.03
-0.02
-0.17
0.76
-0.03
40
0.0791
0.03
-0.03
-0.24
0.68
-0.03
41
0.0933
0.04
-0.03
-0.33
0.57
-0.03
42
0.1019
0.04
-0.03
-0.43
0.47
-0.03
43
0.1035
0.04
-0.03
-0.53
0.37
-0.03
44
0.0983
0.04
-0.03
-0.63
0.29
-0.03
45
0.0878
0.04
-0.03
-0.72
0.21
-0.02
46
0.0744
0.03
-0.02
-0.80
0.15
-0.02
47
0.0599
0.03
-0.02
-0.86
0.11
-0.01
48
0.0465
0.02
-0.01
-0.91
0.08
-0.01
49
0.0354
0.02
-0.01
-0.94
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 26 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.