■ 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 — 250 — is the max pain price.
Open interest by strike · Fri, Aug 21
■ calls (up)■ puts (down)SIMO open contracts per strike for Fri, Aug 21.
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 21
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Aug 21
— call IV— put IVATM ≈ 83.2% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Aug 21
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 21
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.99
-0.06
200
0.0006
0.01
-0.06
-0.01
0.99
-0.10
210
0.0011
0.01
-0.11
-0.01
0.97
-0.19
220
0.0020
0.02
-0.20
-0.03
0.95
-0.33
230
0.0036
0.03
-0.34
-0.05
0.90
-0.56
240
0.0062
0.05
-0.56
-0.10
0.83
-0.85
250
0.0096
0.07
-0.85
-0.17
0.71
-1.15
260
0.0132
0.10
-1.16
-0.29
0.56
-1.33
270
0.0155
0.11
-1.34
-0.44
0.41
-1.31
280
0.0152
0.11
-1.32
-0.59
0.28
-1.11
290
0.0129
0.10
-1.12
-0.73
0.18
-0.85
300
0.0098
0.07
-0.85
-0.83
0.11
-0.60
310
0.0069
0.05
-0.60
-0.89
0.07
-0.40
320
0.0046
0.04
-0.40
-0.94
0.04
-0.27
330
0.0031
0.03
-0.26
-0.96
0.03
-0.17
340
0.0020
0.02
-0.16
-0.98
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 51 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.