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 — 70 — is the max pain price.
Open interest by strike · Fri, Nov 6
■ calls (up)■ puts (down)TEM 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 ≈ 91.2% · 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
0.74
-0.13
60
0.0241
0.05
-0.13
-0.26
0.72
-0.13
61
0.0254
0.05
-0.14
-0.29
0.69
-0.14
62
0.0265
0.05
-0.14
-0.32
0.66
-0.14
63
0.0274
0.05
-0.15
-0.34
0.63
-0.15
64
0.0282
0.06
-0.15
-0.37
0.60
-0.15
65
0.0289
0.06
-0.15
-0.40
0.57
-0.16
66
0.0293
0.06
-0.16
-0.43
0.54
-0.16
67
0.0296
0.06
-0.16
-0.46
0.51
-0.16
68
0.0297
0.06
-0.16
-0.49
0.48
-0.16
69
0.0296
0.06
-0.16
-0.52
0.46
-0.16
70
0.0294
0.06
-0.16
-0.55
0.43
-0.16
71
0.0291
0.06
-0.16
-0.58
0.40
-0.15
72
0.0286
0.06
-0.15
-0.60
0.38
-0.15
73
0.0280
0.06
-0.15
-0.63
0.35
-0.15
74
0.0273
0.05
-0.15
-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 50 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.