■ 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 — 10 — is the max pain price.
Open interest by strike · Fri, Oct 16
■ calls (up)■ puts (down)RGNX open contracts per strike for Fri, Oct 16.
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 16
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Oct 16
— call IV— put IVATM ≈ 153.8% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Oct 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, Oct 16
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.95
-0.01
4
0.0121
0.01
-0.01
-0.06
0.94
-0.01
5
0.0182
0.01
-0.01
-0.07
0.91
-0.01
6
0.0267
0.01
-0.01
-0.10
0.87
-0.01
7
0.0380
0.01
-0.01
-0.14
0.82
-0.01
8
0.0524
0.01
-0.01
-0.19
0.75
-0.01
9
0.0680
0.01
-0.01
-0.26
0.67
-0.01
10
0.0797
0.02
-0.01
-0.34
0.59
-0.01
11
0.0842
0.02
-0.01
-0.43
0.52
-0.01
12
0.0828
0.02
-0.02
-0.50
0.46
-0.02
13
0.0787
0.02
-0.02
-0.56
0.41
-0.02
14
0.0736
0.02
-0.02
-0.61
0.36
-0.02
15
0.0686
0.02
-0.02
-0.65
0.33
-0.02
16
0.0638
0.02
-0.02
-0.69
0.30
-0.02
17
0.0594
0.02
-0.02
-0.72
0.28
-0.02
18
0.0555
0.01
-0.02
-0.74
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 18 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.