Event risk before this expiration:FOMC decision Wed, Oct 28 — 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 — 120 — is the max pain price.
Open interest by strike · Fri, Oct 30
■ calls (up)■ puts (down)TPR open contracts per strike for Fri, Oct 30.
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 30
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Oct 30
— call IV— put IVATM ≈ 36.8% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Oct 30
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 30
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.86
-0.09
107
0.0323
0.04
-0.10
-0.14
0.83
-0.10
108
0.0378
0.04
-0.11
-0.17
0.79
-0.12
109
0.0436
0.05
-0.12
-0.21
0.75
-0.13
110
0.0494
0.05
-0.13
-0.26
0.69
-0.14
111
0.0548
0.06
-0.14
-0.31
0.64
-0.15
112
0.0594
0.06
-0.15
-0.36
0.58
-0.16
113
0.0625
0.07
-0.16
-0.43
0.51
-0.16
114
0.0641
0.07
-0.16
-0.49
0.45
-0.16
115
0.0638
0.07
-0.16
-0.56
0.39
-0.15
116
0.0619
0.07
-0.15
-0.62
0.33
-0.14
117
0.0584
0.06
-0.14
-0.68
0.28
-0.13
118
0.0537
0.06
-0.13
-0.73
0.23
-0.12
119
0.0483
0.05
-0.12
-0.78
0.19
-0.10
120
0.0425
0.05
-0.10
-0.82
0.15
-0.09
121
0.0369
0.04
-0.09
-0.86
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.