Event risk before this expiration:Jobs report Fri, Oct 2 · CPI release Wed, Oct 14 — 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 — 144 — is the max pain price.
Open interest by strike · Fri, Oct 23
■ calls (up)■ puts (down)PG open contracts per strike for Fri, Oct 23.
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, Oct 23
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Oct 23
— call IV— put IVATM ≈ 21.6% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Oct 23
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, Oct 23
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.80
-0.04
139
0.0292
0.12
-0.05
-0.23
0.77
-0.04
140
0.0320
0.13
-0.05
-0.27
0.74
-0.05
141
0.0347
0.14
-0.05
-0.30
0.70
-0.05
142
0.0372
0.15
-0.05
-0.34
0.66
-0.05
143
0.0394
0.16
-0.06
-0.38
0.62
-0.06
144
0.0411
0.16
-0.06
-0.42
0.58
-0.06
145
0.0426
0.17
-0.06
-0.46
0.54
-0.06
146
0.0435
0.17
-0.06
-0.51
0.49
-0.06
147
0.0438
0.17
-0.06
-0.55
0.45
-0.06
148
0.0438
0.17
-0.06
-0.59
0.41
-0.06
149
0.0430
0.17
-0.05
-0.63
0.37
-0.05
150
0.0418
0.16
-0.05
-0.67
0.27
-0.05
152.5
0.0370
0.14
-0.04
-0.76
0.19
-0.04
155
0.0304
0.11
-0.03
-0.84
0.13
-0.03
157.5
0.0234
0.09
-0.03
-0.89
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 29 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.