Event risk before this expiration: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 — 28.5 — is the max pain price.
Open interest by strike · Fri, Nov 6
■ calls (up)■ puts (down)PFE 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 ≈ 25.9% · 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
0.96
-0.00
25
0.0405
0.01
-0.01
-0.07
0.94
-0.01
25.5
0.0594
0.01
-0.01
-0.10
0.90
-0.01
26
0.0847
0.01
-0.01
-0.14
0.85
-0.01
26.5
0.1157
0.02
-0.01
-0.21
0.79
-0.01
27
0.1499
0.02
-0.01
-0.28
0.71
-0.01
27.5
0.1826
0.02
-0.01
-0.38
0.61
-0.01
28
0.2067
0.03
-0.02
-0.48
0.50
-0.02
28.5
0.2154
0.03
-0.01
-0.58
0.40
-0.01
29
0.2080
0.03
-0.01
-0.68
0.30
-0.01
29.5
0.1872
0.03
-0.01
-0.76
0.22
-0.01
30
0.1587
0.02
-0.01
-0.83
0.16
-0.01
30.5
0.1271
0.02
-0.01
-0.88
0.12
-0.01
31
0.0988
0.01
-0.01
-0.91
0.09
-0.01
31.5
0.0763
0.01
-0.01
-0.94
0.07
-0.01
32
0.0594
0.01
-0.00
-0.95
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.