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 — 82 — is the max pain price.
Open interest by strike · Fri, Nov 6
■ calls (up)■ puts (down)WGS 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 ≈ 112.1% · 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
0.78
-0.18
54
0.0210
0.03
-0.18
-0.22
0.76
-0.20
55
0.0223
0.03
-0.20
-0.24
0.73
-0.21
56
0.0236
0.04
-0.21
-0.27
0.70
-0.22
57
0.0246
0.04
-0.22
-0.29
0.68
-0.23
58
0.0256
0.04
-0.23
-0.32
0.65
-0.23
59
0.0263
0.04
-0.23
-0.35
0.62
-0.24
60
0.0269
0.04
-0.24
-0.38
0.54
-0.26
63
0.0276
0.04
-0.26
-0.46
0.51
-0.26
64
0.0275
0.04
-0.26
-0.49
0.48
-0.26
65
0.0273
0.04
-0.26
-0.52
0.46
-0.26
66
0.0270
0.04
-0.26
-0.54
0.44
-0.26
67
0.0266
0.04
-0.26
-0.56
0.41
-0.26
68
0.0260
0.04
-0.26
-0.59
0.37
-0.26
70
0.0248
0.04
-0.26
-0.63
0.35
-0.26
71
0.0241
0.04
-0.26
-0.65
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 41 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.