Event risk before this expiration: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 — 85 — is the max pain price.
Open interest by strike · Fri, Oct 16
■ calls (up)■ puts (down)SWKS 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 ≈ 56.9% · 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
0.97
-0.03
67.5
0.0065
0.01
-0.03
-0.03
0.95
-0.04
70
0.0099
0.02
-0.04
-0.05
0.92
-0.05
72.5
0.0147
0.03
-0.05
-0.08
0.88
-0.07
75
0.0210
0.03
-0.07
-0.12
0.81
-0.09
77.5
0.0284
0.04
-0.09
-0.18
0.73
-0.11
80
0.0360
0.06
-0.11
-0.27
0.63
-0.12
82.5
0.0420
0.06
-0.12
-0.37
0.52
-0.13
85
0.0448
0.07
-0.13
-0.48
0.41
-0.13
87.5
0.0437
0.07
-0.13
-0.59
0.32
-0.12
90
0.0394
0.06
-0.12
-0.68
0.23
-0.10
92.5
0.0335
0.05
-0.10
-0.77
0.17
-0.08
95
0.0272
0.04
-0.09
-0.83
0.13
-0.07
97.5
0.0214
0.04
-0.07
-0.88
0.09
-0.06
100
0.0166
0.03
-0.06
-0.91
0.05
-0.04
105
0.0098
0.02
-0.04
-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 26 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.