Event risk before this expiration: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 — 210 — is the max pain price.
Open interest by strike · Fri, Mar 19
■ calls (up)■ puts (down)NVDA open contracts per strike for Fri, Mar 19.
Open-interest change · 2026-10-28 → 2026-10-29
Net contracts opened (up, green) or closed (down, red) per strike since the previous snapshot: where the walls are building and where they’re unwinding. Only strikes observed on both days are compared; 2 strikes were in only one day’s snapshot (each keeps its largest strikes) and are left out. Biggest moves: 150 +22K · 260 −4K · 325 −4K · 275 −3K
Volume by strike · Fri, Mar 19
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Mar 19
— call IV— put IVATM ≈ 39.2% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Mar 19
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, Mar 19
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.83
-0.04
175
0.0045
0.34
-0.05
-0.17
0.81
-0.04
180
0.0050
0.37
-0.05
-0.20
0.78
-0.05
185
0.0055
0.40
-0.06
-0.23
0.74
-0.05
190
0.0060
0.43
-0.06
-0.26
0.71
-0.06
195
0.0064
0.45
-0.06
-0.29
0.68
-0.06
200
0.0068
0.48
-0.07
-0.33
0.64
-0.06
205
0.0072
0.50
-0.07
-0.37
0.60
-0.07
210
0.0074
0.51
-0.07
-0.41
0.57
-0.07
215
0.0077
0.52
-0.07
-0.45
0.53
-0.07
220
0.0078
0.53
-0.07
-0.48
0.49
-0.07
225
0.0079
0.53
-0.07
-0.53
0.45
-0.07
230
0.0079
0.53
-0.07
-0.56
0.41
-0.07
235
0.0078
0.52
-0.07
-0.60
0.38
-0.06
240
0.0077
0.51
-0.06
-0.64
0.34
-0.06
245
0.0075
0.49
-0.06
-0.68
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 56 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 history — nearest expiry vs price
— max pain (nearest expiry)- - delayed closeOne point per snapshot day since 2026-07-28; unobserved days are gaps, not guesses.
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.