■ 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 — 719 — is the max pain price.
Open interest by strike · Mon, Nov 2
■ calls (up)■ puts (down)QQQ open contracts per strike for Mon, Nov 2.
Open-interest change · 2026-10-28 → 2026-10-29
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; 18 strikes were in only one day’s snapshot (each keeps its largest strikes) and are left out. Biggest moves: 703 +5K · 670 −3K · 690 −2K · 695 +2K
Volume by strike · Mon, Nov 2
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Mon, Nov 2
— call IV— put IVATM ≈ 21.1% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Mon, Nov 2
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 · Mon, Nov 2
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.94
-0.24
675
0.0056
0.09
-0.26
-0.06
0.92
-0.33
680
0.0078
0.12
-0.35
-0.08
0.88
-0.45
685
0.0107
0.15
-0.46
-0.12
0.82
-0.57
690
0.0143
0.20
-0.58
-0.18
0.75
-0.69
695
0.0184
0.24
-0.69
-0.25
0.66
-0.78
700
0.0224
0.27
-0.78
-0.34
0.59
-0.80
703
0.0245
0.29
-0.81
-0.41
0.54
-0.81
705
0.0255
0.29
-0.81
-0.46
0.49
-0.79
707
0.0262
0.30
-0.80
-0.51
0.46
-0.78
708
0.0263
0.30
-0.78
-0.54
0.44
-0.77
709
0.0264
0.29
-0.77
-0.56
0.41
-0.75
710
0.0263
0.29
-0.75
-0.59
0.38
-0.73
711
0.0260
0.28
-0.73
-0.62
0.36
-0.70
712
0.0256
0.28
-0.70
-0.65
0.33
-0.67
713
0.0251
0.27
-0.67
-0.67
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.