Event risk before this expiration: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 — 15.5 — is the max pain price.
Open interest by strike · Fri, Oct 2
■ calls (up)■ puts (down)RIVN open contracts per strike for Fri, Oct 2.
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 2
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Oct 2
— call IV— put IVATM ≈ 52.0% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Oct 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 · Fri, Oct 2
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.98
-0.00
11.5
0.0236
0.00
-0.00
-0.02
0.97
-0.00
12
0.0375
0.00
-0.00
-0.03
0.95
-0.01
12.5
0.0600
0.00
-0.01
-0.05
0.92
-0.01
13
0.0952
0.01
-0.01
-0.08
0.86
-0.01
13.5
0.1458
0.01
-0.01
-0.14
0.77
-0.02
14
0.2058
0.01
-0.02
-0.23
0.65
-0.02
14.5
0.2540
0.01
-0.02
-0.35
0.52
-0.02
15
0.2676
0.01
-0.02
-0.48
0.40
-0.02
15.5
0.2473
0.01
-0.02
-0.61
0.30
-0.02
16
0.2103
0.01
-0.02
-0.71
0.22
-0.02
16.5
0.1713
0.01
-0.02
-0.78
0.17
-0.02
17
0.1368
0.01
-0.02
-0.84
0.13
-0.01
17.5
0.1087
0.01
-0.01
-0.88
0.10
-0.01
18
0.0865
0.01
-0.01
-0.90
0.08
-0.01
18.5
0.0692
0.00
-0.01
-0.93
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 28 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.