Event risk before this expiration:Jobs report Fri, Nov 6 · CPI release Tue, Nov 10 · Jobs report Fri, Dec 4 — 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 — 105 — is the max pain price.
Open interest by strike · Fri, Dec 4
■ calls (up)■ puts (down)SOXL open contracts per strike for Fri, Dec 4.
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, Dec 4
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Dec 4
— call IV— put IVATM ≈ 121.3% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Dec 4
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, Dec 4
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.65
-0.18
85
0.0104
0.11
-0.18
-0.35
0.59
-0.18
90
0.0109
0.11
-0.19
-0.41
0.54
-0.19
95
0.0112
0.11
-0.19
-0.46
0.52
-0.19
97
0.0113
0.11
-0.19
-0.48
0.51
-0.19
98
0.0113
0.11
-0.19
-0.49
0.48
-0.19
100
0.0113
0.11
-0.19
-0.52
0.48
-0.19
100.5
0.0113
0.11
-0.19
-0.52
0.47
-0.19
101
0.0113
0.11
-0.19
-0.53
0.44
-0.19
104
0.0112
0.11
-0.18
-0.56
0.43
-0.19
105
0.0112
0.11
-0.18
-0.57
0.43
-0.19
105.5
0.0112
0.11
-0.18
-0.57
0.41
-0.18
107
0.0111
0.11
-0.18
-0.58
0.39
-0.18
110
0.0109
0.11
-0.17
-0.61
0.36
-0.18
113
0.0107
0.11
-0.17
-0.64
0.34
-0.17
115
0.0105
0.10
-0.17
-0.66
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 34 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.