Event risk before this expiration:FOMC decision Wed, Oct 28 · Jobs report Fri, Nov 6 — 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 — 97 — is the max pain price.
Open interest by strike · Fri, Nov 6
■ calls (up)■ puts (down)SE open contracts per strike for Fri, Nov 6.
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, Nov 6
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Nov 6
— call IV— put IVATM ≈ 46.9% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Nov 6
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, Nov 6
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.77
-0.08
87
0.0278
0.07
-0.08
-0.23
0.74
-0.09
88
0.0299
0.07
-0.09
-0.27
0.71
-0.09
89
0.0319
0.08
-0.09
-0.30
0.68
-0.09
90
0.0336
0.08
-0.09
-0.33
0.64
-0.10
91
0.0352
0.09
-0.10
-0.36
0.60
-0.10
92
0.0365
0.09
-0.10
-0.40
0.57
-0.10
93
0.0374
0.09
-0.10
-0.44
0.53
-0.10
94
0.0380
0.09
-0.10
-0.48
0.49
-0.10
95
0.0382
0.09
-0.10
-0.52
0.45
-0.10
96
0.0381
0.09
-0.10
-0.56
0.42
-0.10
97
0.0375
0.09
-0.10
-0.59
0.38
-0.09
98
0.0367
0.09
-0.10
-0.63
0.35
-0.09
99
0.0355
0.08
-0.09
-0.66
0.31
-0.09
100
0.0341
0.08
-0.09
-0.70
0.28
-0.08
101
0.0325
0.08
-0.09
-0.73
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 37 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.