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 — 195 — is the max pain price.
Open interest by strike · Fri, Apr 16
■ calls (up)■ puts (down)PLTR open contracts per strike for Fri, Apr 16.
Open-interest change · 2026-10-23 → 2026-10-26
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. Biggest moves: 250 +375 · 125 +80 · 160 +79 · 230 −69
Volume by strike · Fri, Apr 16
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Apr 16
— call IV— put IVATM ≈ 53.9% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Apr 16
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, Apr 16
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.77
-0.05
165
0.0040
0.41
-0.07
-0.23
0.75
-0.06
170
0.0042
0.44
-0.07
-0.25
0.73
-0.06
175
0.0044
0.46
-0.07
-0.28
0.70
-0.07
180
0.0046
0.48
-0.07
-0.30
0.68
-0.07
185
0.0048
0.49
-0.08
-0.33
0.65
-0.07
190
0.0050
0.51
-0.08
-0.36
0.62
-0.07
195
0.0051
0.52
-0.08
-0.39
0.60
-0.07
200
0.0052
0.53
-0.08
-0.41
0.55
-0.08
210
0.0054
0.54
-0.08
-0.47
0.49
-0.08
220
0.0054
0.55
-0.08
-0.52
0.45
-0.08
230
0.0054
0.54
-0.08
-0.57
0.40
-0.08
240
0.0053
0.53
-0.07
-0.62
0.36
-0.07
250
0.0051
0.51
-0.07
-0.67
0.32
-0.07
260
0.0049
0.49
-0.06
-0.71
0.28
-0.07
270
0.0046
0.46
-0.06
-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 52 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.