Event risk before this expiration:FOMC decision Wed, Oct 28 · Jobs report Fri, Nov 6 · CPI release Tue, Nov 10 · Jobs report Fri, Dec 4 · FOMC decision Wed, Dec 9 · CPI release Thu, Dec 10 — 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 — 110 — is the max pain price.
Open interest by strike · Thu, Jun 17
■ calls (up)■ puts (down)TOL open contracts per strike for Thu, Jun 17.
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 · Thu, Jun 17
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Thu, Jun 17
— call IV— put IVATM ≈ 35.2% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Thu, Jun 17
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 · Thu, Jun 17
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.88
-0.01
100
0.0048
0.22
-0.02
-0.12
0.85
-0.02
105
0.0057
0.26
-0.02
-0.15
0.82
-0.02
110
0.0066
0.29
-0.02
-0.19
0.78
-0.02
115
0.0075
0.33
-0.03
-0.23
0.73
-0.03
120
0.0083
0.36
-0.03
-0.28
0.69
-0.03
125
0.0091
0.39
-0.03
-0.33
0.64
-0.03
130
0.0097
0.41
-0.03
-0.38
0.59
-0.03
135
0.0101
0.43
-0.03
-0.43
0.54
-0.03
140
0.0104
0.43
-0.03
-0.49
0.49
-0.03
145
0.0104
0.44
-0.03
-0.54
0.45
-0.03
150
0.0104
0.43
-0.03
-0.59
0.40
-0.03
155
0.0102
0.42
-0.03
-0.64
0.36
-0.03
160
0.0098
0.41
-0.03
-0.69
0.32
-0.03
165
0.0094
0.39
-0.03
-0.74
0.28
-0.03
170
0.0089
0.37
-0.03
-0.78
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 27 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.