Event risk before this expiration:Jobs report Fri, Oct 2 · CPI release Wed, Oct 14 · FOMC decision Wed, Oct 28 · Jobs report Fri, Nov 6 · CPI release Tue, Nov 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 — 155 — is the max pain price.
Open interest by strike · Fri, Nov 20
■ calls (up)■ puts (down)XOM open contracts per strike for Fri, Nov 20.
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 20
■ calls (up)■ puts (down)Today's traded contracts per strike (delayed).
Implied volatility by strike · Fri, Nov 20
— call IV— put IVATM ≈ 29.1% · Quoted strikes only; illiquid wings with junk fits are dropped, not smoothed.
Gamma exposure by strike · Fri, Nov 20
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 20
Call Δ
Call Θ
Strike
Γ
Vega
Put Θ
Put Δ
0.96
-0.02
130
0.0038
0.06
-0.02
-0.05
0.94
-0.02
135
0.0057
0.08
-0.03
-0.07
0.90
-0.03
140
0.0082
0.12
-0.03
-0.11
0.85
-0.04
145
0.0112
0.16
-0.04
-0.17
0.79
-0.05
150
0.0144
0.19
-0.05
-0.23
0.70
-0.06
155
0.0173
0.23
-0.06
-0.32
0.61
-0.06
160
0.0195
0.26
-0.06
-0.41
0.51
-0.06
165
0.0204
0.27
-0.06
-0.51
0.41
-0.06
170
0.0200
0.26
-0.06
-0.61
0.32
-0.06
175
0.0183
0.24
-0.05
-0.69
0.24
-0.05
180
0.0159
0.21
-0.05
-0.77
0.18
-0.04
185
0.0132
0.18
-0.04
-0.83
0.13
-0.03
190
0.0106
0.14
-0.03
-0.87
0.10
-0.03
195
0.0083
0.12
-0.03
-0.91
0.07
-0.02
200
0.0064
0.09
-0.02
-0.94
Quoted contract greeks from the delayed feed (not modeled here); the highlighted row is nearest to spot. Showing 15 strikes around the money — all 32 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.