Event risk before this expiration:Jobs report Fri, Oct 2 · CPI release Wed, Oct 14 — 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 — 190 — is the max pain price.
Open interest by strike · Fri, Oct 16
■ calls (up)■ puts (down)SANM 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 ≈ 60.7% · 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
0.91
-0.11
170
0.0047
0.09
-0.12
-0.09
0.88
-0.14
175
0.0057
0.11
-0.14
-0.12
0.84
-0.16
180
0.0069
0.13
-0.17
-0.16
0.80
-0.18
185
0.0080
0.15
-0.19
-0.20
0.76
-0.21
190
0.0092
0.17
-0.21
-0.24
0.70
-0.23
195
0.0102
0.19
-0.23
-0.30
0.65
-0.25
200
0.0110
0.20
-0.25
-0.35
0.53
-0.26
210
0.0119
0.22
-0.27
-0.47
0.42
-0.26
220
0.0116
0.21
-0.26
-0.58
0.31
-0.24
230
0.0105
0.19
-0.24
-0.69
0.23
-0.20
240
0.0089
0.17
-0.20
-0.77
0.17
-0.17
250
0.0072
0.14
-0.17
-0.84
0.12
-0.13
260
0.0056
0.11
-0.13
-0.89
0.08
-0.10
270
0.0042
0.08
-0.10
-0.92
0.06
-0.08
280
0.0032
0.06
-0.07
-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 49 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.