Event risk before this expiration: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 — 29 — is the max pain price.
Open interest by strike · Fri, Nov 6
■ calls (up)■ puts (down)SVIX 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 ≈ 86.3% · 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
0.86
-0.07
22
0.0583
0.01
-0.07
-0.15
0.83
-0.08
22.5
0.0675
0.01
-0.07
-0.18
0.80
-0.09
23
0.0772
0.01
-0.08
-0.22
0.76
-0.09
23.5
0.0871
0.01
-0.09
-0.26
0.71
-0.10
24
0.0967
0.01
-0.09
-0.30
0.66
-0.10
24.5
0.1057
0.01
-0.10
-0.35
0.61
-0.10
25
0.1134
0.01
-0.10
-0.40
0.55
-0.10
25.5
0.1192
0.01
-0.10
-0.46
0.49
-0.10
26
0.1225
0.01
-0.10
-0.52
0.42
-0.10
26.5
0.1228
0.01
-0.09
-0.58
0.36
-0.09
27
0.1198
0.01
-0.09
-0.64
0.30
-0.08
27.5
0.1137
0.01
-0.08
-0.70
0.25
-0.07
28
0.1047
0.01
-0.07
-0.75
0.20
-0.06
28.5
0.0935
0.01
-0.06
-0.80
0.16
-0.05
29
0.0812
0.01
-0.05
-0.84
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 38 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.