Event risk before this expiration:Jobs report Fri, Aug 7 — 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 — 132 — is the max pain price.
Open interest by strike · Fri, Aug 7
■ calls (up)■ puts (down)ORCL 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 ≈ 70.5% · 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
0.87
-0.36
136
0.0267
0.02
-0.36
-0.13
0.84
-0.43
137
0.0310
0.03
-0.43
-0.15
0.81
-0.51
138
0.0353
0.03
-0.51
-0.19
0.77
-0.59
139
0.0396
0.03
-0.59
-0.23
0.73
-0.67
140
0.0435
0.04
-0.67
-0.27
0.69
-0.74
141
0.0469
0.04
-0.74
-0.32
0.64
-0.80
142
0.0496
0.04
-0.80
-0.36
0.58
-0.84
143
0.0515
0.04
-0.84
-0.41
0.53
-0.87
144
0.0524
0.04
-0.87
-0.47
0.48
-0.87
145
0.0523
0.04
-0.88
-0.52
0.43
-0.86
146
0.0514
0.04
-0.86
-0.57
0.38
-0.82
147
0.0496
0.04
-0.83
-0.62
0.33
-0.77
148
0.0471
0.04
-0.78
-0.67
0.29
-0.71
149
0.0441
0.04
-0.72
-0.71
0.25
-0.65
150
0.0408
0.03
-0.65
-0.75
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 60 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.