Event risk before this expiration:FOMC decision Wed, Sep 16 · Jobs report Fri, Oct 2 — 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 — 145 — is the max pain price.
Open interest by strike · Fri, Oct 9
■ calls (up)■ puts (down)RH open contracts per strike for Fri, Oct 9.
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 9
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Oct 9
— call IV— put IVATM ≈ 56.3% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Oct 9
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 9
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.93
-0.06
105
0.0058
0.05
-0.06
-0.08
0.89
-0.08
110
0.0079
0.07
-0.08
-0.11
0.84
-0.10
115
0.0105
0.09
-0.10
-0.16
0.78
-0.12
120
0.0132
0.11
-0.12
-0.22
0.70
-0.14
125
0.0157
0.13
-0.14
-0.30
0.62
-0.15
130
0.0175
0.14
-0.15
-0.39
0.53
-0.15
135
0.0184
0.15
-0.16
-0.48
0.44
-0.15
140
0.0183
0.15
-0.15
-0.57
0.35
-0.14
145
0.0172
0.14
-0.15
-0.66
0.28
-0.13
150
0.0155
0.13
-0.14
-0.73
0.22
-0.12
155
0.0135
0.11
-0.12
-0.79
0.17
-0.10
160
0.0114
0.10
-0.11
-0.84
0.14
-0.09
165
0.0095
0.08
-0.09
-0.88
0.10
-0.07
170
0.0078
0.07
-0.08
-0.91
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 14 strikes around the money — all 19 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.