Event risk before this expiration:FOMC decision Wed, Oct 28 · Jobs report Fri, Nov 6 · CPI release Tue, Nov 10 · Jobs report Fri, Dec 4 · FOMC decision Wed, Dec 9 · CPI release Thu, Dec 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 — 67.5 — is the max pain price.
Open interest by strike · Fri, Dec 15
■ calls (up)■ puts (down)NTNX open contracts per strike for Fri, Dec 15.
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, Dec 15
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Dec 15
— call IV— put IVATM ≈ 49.0% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Dec 15
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, Dec 15
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.90
-0.00
37.5
0.0034
0.18
-0.01
-0.11
0.85
-0.00
45
0.0045
0.23
-0.01
-0.16
0.82
-0.01
50
0.0053
0.26
-0.01
-0.20
0.80
-0.01
52.5
0.0056
0.28
-0.01
-0.21
0.78
-0.01
55
0.0059
0.29
-0.01
-0.23
0.75
-0.01
60
0.0065
0.32
-0.01
-0.28
0.71
-0.01
65
0.0070
0.34
-0.01
-0.32
0.69
-0.01
67.5
0.0072
0.35
-0.01
-0.34
0.67
-0.01
70
0.0074
0.35
-0.01
-0.36
0.66
-0.01
72.5
0.0076
0.36
-0.01
-0.38
0.64
-0.01
75
0.0078
0.37
-0.01
-0.41
0.60
-0.01
80
0.0080
0.38
-0.01
-0.45
0.57
-0.01
85
0.0082
0.39
-0.01
-0.49
0.54
-0.01
90
0.0083
0.39
-0.01
-0.53
0.51
-0.01
95
0.0084
0.39
-0.01
-0.57
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 20 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.