Event risk before this expiration:Jobs report Fri, Aug 7 · CPI release Wed, Aug 12 — 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 — 15.5 — is the max pain price.
Open interest by strike · Fri, Aug 14
■ calls (up)■ puts (down)RIVN open contracts per strike for Fri, Aug 14.
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, Aug 14
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Aug 14
— call IV— put IVATM ≈ 55.3% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Aug 14
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, Aug 14
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.99
-0.00
12
0.0133
0.00
-0.00
-0.01
0.98
-0.00
12.5
0.0241
0.00
-0.00
-0.02
0.97
-0.01
13
0.0438
0.00
-0.01
-0.03
0.94
-0.01
13.5
0.0783
0.00
-0.01
-0.06
0.90
-0.01
14
0.1328
0.01
-0.01
-0.10
0.81
-0.02
14.5
0.2044
0.01
-0.02
-0.19
0.69
-0.03
15
0.2708
0.01
-0.03
-0.31
0.54
-0.03
15.5
0.3008
0.01
-0.03
-0.46
0.40
-0.03
16
0.2842
0.01
-0.03
-0.61
0.28
-0.03
16.5
0.2380
0.01
-0.03
-0.73
0.19
-0.02
17
0.1846
0.01
-0.02
-0.81
0.13
-0.02
17.5
0.1371
0.01
-0.02
-0.88
0.09
-0.01
18
0.0996
0.00
-0.01
-0.92
0.06
-0.01
18.5
0.0716
0.00
-0.01
-0.94
0.04
-0.01
19
0.0515
0.00
-0.01
-0.96
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 32 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.