■ 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 — 760 — is the max pain price.
Open interest by strike · Fri, Sep 11
■ calls (up)■ puts (down)REGN open contracts per strike for Fri, Sep 11.
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, Sep 11
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Sep 11
— call IV— put IVATM ≈ 25.8% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Sep 11
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, Sep 11
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.86
-0.28
740
0.0033
0.47
-0.29
-0.14
0.83
-0.31
750
0.0039
0.53
-0.32
-0.17
0.80
-0.34
760
0.0046
0.60
-0.35
-0.21
0.75
-0.37
770
0.0053
0.67
-0.38
-0.25
0.70
-0.40
780
0.0061
0.74
-0.41
-0.31
0.64
-0.42
790
0.0067
0.79
-0.43
-0.37
0.57
-0.43
800
0.0071
0.83
-0.44
-0.44
0.49
-0.43
810
0.0073
0.84
-0.44
-0.51
0.42
-0.42
820
0.0072
0.82
-0.43
-0.58
0.29
-0.38
840
0.0062
0.73
-0.38
-0.72
0.24
-0.35
850
0.0056
0.66
-0.35
-0.77
0.16
-0.28
870
0.0042
0.52
-0.29
-0.85
0.13
-0.26
880
0.0036
0.46
-0.26
-0.88
0.11
-0.23
890
0.0030
0.40
-0.23
-0.91
0.06
-0.16
920
0.0019
0.27
-0.17
-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 23 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.