■ 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 — 715 — is the max pain price.
Open interest by strike · Tue, Sep 15
■ calls (up)■ puts (down)QQQ open contracts per strike for Tue, Sep 15.
Open-interest change · 2026-09-10 → 2026-09-11
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. Biggest moves: 650 +7K · 645 +5K · 696 +3K · 575 +3K
Volume by strike · Tue, Sep 15
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Tue, Sep 15
— call IV— put IVATM ≈ 11.8% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Tue, Sep 15
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 · Tue, Sep 15
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.82
-0.35
705
0.0239
0.20
-0.35
-0.18
0.75
-0.42
708
0.0307
0.24
-0.42
-0.25
0.72
-0.44
709
0.0330
0.25
-0.44
-0.28
0.69
-0.46
710
0.0354
0.27
-0.46
-0.31
0.66
-0.47
711
0.0377
0.28
-0.47
-0.34
0.62
-0.48
712
0.0399
0.29
-0.48
-0.38
0.58
-0.48
713
0.0420
0.29
-0.48
-0.42
0.50
-0.47
715
0.0452
0.30
-0.47
-0.51
0.45
-0.46
716
0.0458
0.30
-0.46
-0.55
0.27
-0.35
720
0.0405
0.25
-0.35
-0.74
0.23
-0.31
721
0.0376
0.23
-0.31
-0.78
0.19
-0.26
722
0.0341
0.21
-0.27
-0.82
0.15
-0.22
723
0.0302
0.18
-0.22
-0.86
0.12
-0.17
724
0.0260
0.16
-0.17
-0.89
0.09
-0.14
725
0.0217
0.13
-0.13
-0.92
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 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.