ARGT · Global X MSCI Argentina ETF ETF

Alerts for ARGT

$96.41 -0.39 (-0.40%) At close · Sep 4

Options Chain

Underlying $96.41 · at close Sep 4, 2026 Options Calculator

Positioning

Sep 18, 2026 · 12 days to expiry · 68 contracts · mixed daily-bar sessions · Jun 1, 2026–Sep 4, 2026; 36 unknown

Put / call OI

0.49

Call-heavy positioning

Open interest

173

as of Sep 3, 2026

Volume

—

dated and unknown daily-bar sessions

Max pain

$91.00

$5.41 below spot

ATM implied vol

32.3%

market's expected move

Open interest by strike · near the money

Calls Puts

100

101

102

103

104

105

106

110

115

120

125

130

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Sep 18 12d Oct 16 40d Dec 18 103d Jan 15 131d Apr 16 222d Dec 17 467d

Calls								Puts
OI	Vol	IV	Δ	Bid	Ask	Last	Strike	Last	Bid	Ask	Δ	IV	Vol	OI
—	—	—	—	$30.20	$32.90	—		—	$0.00	$0.35	—	—	—	—
Call · $65 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:43.914 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $65 Daily-bar session Unknown Quote as of 2026-09-04 19:55:03.151 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$25.60	$27.40	—		—	$0.00	$0.35	—	—	—	—
Call · $70 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:02.529 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $70 Daily-bar session Unknown Quote as of 2026-09-04 19:55:03.152 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
7	15	59.9%	0.989	$20.30	$22.80	$24.15		$0.50	$0.00	$0.35	—	—	2	2
Call · $75 In the money Daily-bar session Sep 3, 2026 Quote as of 2026-09-04 19:59:59.230 UTC Last $24.15 Breakeven $99.15 Implied vol 59.9% Delta 0.989 ≈99% ITM Gamma 0.003 Theta -0.02 Vega 0.005 Open interest 7 OI effective date Sep 3, 2026 Model this call Put · $75 Daily-bar session Jul 8, 2026 Quote as of 2026-09-04 19:55:03.152 UTC Last $0.50 Breakeven $74.50 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 OI effective date Sep 3, 2026 Model this put
3	2	51.5%	0.976	$15.30	$17.90	$13.50		$0.31	$0.00	$0.35	—	—	1	3
Call · $80 In the money Daily-bar session Jul 17, 2026 Quote as of 2026-09-04 19:59:29.608 UTC Last $13.50 Breakeven $93.50 Implied vol 51.5% Delta 0.976 ≈98% ITM Gamma 0.006 Theta -0.028 Vega 0.01 Open interest 3 OI effective date Sep 3, 2026 Model this call Put · $80 Daily-bar session Aug 20, 2026 Quote as of 2026-09-04 19:55:03.060 UTC Last $0.31 Breakeven $79.69 Implied vol — Delta — Gamma — Theta — Vega — Open interest 3 OI effective date Sep 3, 2026 Model this put
—	—	—	—	$13.00	$16.00	—		—	$0.00	$0.75	—	—	—	—
Call · $82 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:19.674 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $82 Daily-bar session Unknown Quote as of 2026-09-04 19:55:03.152 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$12.00	$15.00	—		—	$0.00	$0.75	—	—	—	—
Call · $83 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:04.836 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $83 Daily-bar session Unknown Quote as of 2026-09-04 19:55:03.152 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	43.1%	0.96	$11.30	$14.00	—		$0.11	$0.00	$0.75	—	—	1	1
Call · $84 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:58:46.508 UTC Last — Breakeven — Implied vol 43.1% Delta 0.96 ≈96% ITM Gamma 0.011 Theta -0.034 Vega 0.016 Open interest — OI effective date — Model this call Put · $84 Daily-bar session Sep 1, 2026 Quote as of 2026-09-04 19:55:03.152 UTC Last $0.11 Breakeven $83.89 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
—	—	31.3%	0.986	$10.10	$13.00	—		$0.61	$0.00	$0.75	—	—	1	5
Call · $85 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:30.953 UTC Last — Breakeven — Implied vol 31.3% Delta 0.986 ≈99% ITM Gamma 0.006 Theta -0.016 Vega 0.007 Open interest — OI effective date — Model this call Put · $85 Daily-bar session Aug 20, 2026 Quote as of 2026-09-04 19:55:03.152 UTC Last $0.61 Breakeven $84.39 Implied vol — Delta — Gamma — Theta — Vega — Open interest 5 OI effective date Sep 3, 2026 Model this put
—	—	28.6%	0.985	$9.10	$12.00	—		$0.20	$0.00	$0.75	—	—	1	2
Call · $86 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:03.563 UTC Last — Breakeven — Implied vol 28.6% Delta 0.985 ≈98% ITM Gamma 0.007 Theta -0.016 Vega 0.007 Open interest — OI effective date — Model this call Put · $86 Daily-bar session Sep 3, 2026 Quote as of 2026-09-04 19:58:01.353 UTC Last $0.20 Breakeven $85.80 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 OI effective date Sep 3, 2026 Model this put
—	—	36.3%	0.94	$8.00	$11.40	—		—	$0.00	$0.75	—	—	—	1
Call · $87 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:24.157 UTC Last — Breakeven — Implied vol 36.3% Delta 0.94 ≈94% ITM Gamma 0.018 Theta -0.039 Vega 0.022 Open interest — OI effective date — Model this call Put · $87 Daily-bar session Unknown Quote as of 2026-09-04 19:55:02.587 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
—	—	27.8%	0.963	$7.30	$9.90	—		$0.55	$0.00	$0.75	—	—	6	20
Call · $88 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:12.647 UTC Last — Breakeven — Implied vol 27.8% Delta 0.963 ≈96% ITM Gamma 0.016 Theta -0.024 Vega 0.015 Open interest — OI effective date — Model this call Put · $88 Daily-bar session Aug 27, 2026 Quote as of 2026-09-04 19:59:06.167 UTC Last $0.55 Breakeven $87.45 Implied vol — Delta — Gamma — Theta — Vega — Open interest 20 OI effective date Sep 3, 2026 Model this put
—	—	35.1%	0.896	$6.40	$9.30	—		$0.77	$0.00	$0.75	—	—	2	1
Call · $89 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:17.024 UTC Last — Breakeven — Implied vol 35.1% Delta 0.896 ≈90% ITM Gamma 0.028 Theta -0.052 Vega 0.033 Open interest — OI effective date — Model this call Put · $89 Daily-bar session Aug 27, 2026 Quote as of 2026-09-04 19:59:52.804 UTC Last $0.77 Breakeven $88.23 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
11	1	34.2%	0.868	$5.40	$8.50	$7.36		$0.25	$0.00	$0.70	—	—	1	1
Call · $90 In the money Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:57.230 UTC Last $7.36 Breakeven $97.36 Implied vol 34.2% Delta 0.868 ≈87% ITM Gamma 0.034 Theta -0.059 Vega 0.039 Open interest 11 OI effective date Sep 3, 2026 Model this call Put · $90 Daily-bar session Sep 3, 2026 Quote as of 2026-09-04 19:55:54.042 UTC Last $0.25 Breakeven $89.75 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this put
3	3	35.9%	0.817	$4.90	$7.50	$5.20		$0.90	$0.00	$0.75	—	—	1	—
Call · $91 In the money Daily-bar session Aug 25, 2026 Quote as of 2026-09-04 19:55:15.423 UTC Last $5.20 Breakeven $96.20 Implied vol 35.9% Delta 0.817 ≈82% ITM Gamma 0.041 Theta -0.074 Vega 0.048 Open interest 3 OI effective date Sep 3, 2026 Model this call Put · $91 Daily-bar session Sep 1, 2026 Quote as of 2026-09-04 19:58:53.515 UTC Last $0.90 Breakeven $90.10 Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
2	1	29.7%	0.813	$3.70	$6.50	$5.96		$2.20	$0.00	$1.35	—	—	10	16
Call · $92 In the money Daily-bar session Sep 2, 2026 Quote as of 2026-09-04 19:55:02.368 UTC Last $5.96 Breakeven $97.96 Implied vol 29.7% Delta 0.813 ≈81% ITM Gamma 0.05 Theta -0.063 Vega 0.049 Open interest 2 OI effective date Sep 3, 2026 Model this call Put · $92 Daily-bar session Aug 21, 2026 Quote as of 2026-09-04 19:55:03.158 UTC Last $2.20 Breakeven $89.80 Implied vol — Delta — Gamma — Theta — Vega — Open interest 16 OI effective date Sep 3, 2026 Model this put
1	1	26.4%	0.781	$3.00	$5.30	$2.73		—	$0.05	$1.95	-0.265	33.1%	—	—
Call · $93 In the money Daily-bar session Aug 20, 2026 Quote as of 2026-09-04 19:59:29.621 UTC Last $2.73 Breakeven $95.73 Implied vol 26.4% Delta 0.781 ≈78% ITM Gamma 0.062 Theta -0.062 Vega 0.054 Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $93 Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.632 UTC Last — Breakeven — Implied vol 33.1% Delta -0.265 ≈26% ITM Gamma 0.054 Theta -0.073 Vega 0.06 Open interest — OI effective date — Model this put
1	1	24.4%	0.726	$2.10	$4.50	$3.00		—	$0.40	$2.20	-0.323	32.9%	—	—
Call · $94 In the money Daily-bar session Aug 21, 2026 Quote as of 2026-09-04 19:59:31.664 UTC Last $3.00 Breakeven $97.00 Implied vol 24.4% Delta 0.726 ≈73% ITM Gamma 0.075 Theta -0.064 Vega 0.061 Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $94 Daily-bar session Unknown Quote as of 2026-09-04 19:55:04.603 UTC Last — Breakeven — Implied vol 32.9% Delta -0.323 ≈32% ITM Gamma 0.06 Theta -0.079 Vega 0.065 Open interest — OI effective date — Model this put
9	4	25.8%	0.638	$1.65	$3.80	$3.65		$1.50	$0.05	$2.75	-0.374	28.9%	1	—
Call · $95 In the money Daily-bar session Sep 2, 2026 Quote as of 2026-09-04 19:59:31.653 UTC Last $3.65 Breakeven $98.65 Implied vol 25.8% Delta 0.638 ≈64% ITM Gamma 0.08 Theta -0.074 Vega 0.068 Open interest 9 OI effective date Sep 3, 2026 Model this call Put · $95 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:30.571 UTC Last $1.50 Breakeven $93.50 Implied vol 28.9% Delta -0.374 ≈37% ITM Gamma 0.072 Theta -0.073 Vega 0.069 Open interest — OI effective date — Model this put
5	1	31.8%	0.549	$0.95	$4.20	$2.50		$4.10	$0.55	$3.70	-0.452	32.9%	1	1
Call · $96 In the money Daily-bar session Sep 1, 2026 Quote as of 2026-09-04 19:59:58.668 UTC Last $2.50 Breakeven $98.50 Implied vol 31.8% Delta 0.549 ≈55% ITM Gamma 0.069 Theta -0.093 Vega 0.072 Open interest 5 OI effective date Sep 3, 2026 Model this call Put · $96 Daily-bar session Aug 21, 2026 Quote as of 2026-09-04 19:59:59.230 UTC Last $4.10 Breakeven $91.90 Implied vol 32.9% Delta -0.452 ≈45% ITM Gamma 0.066 Theta -0.087 Vega 0.072 Open interest 1 OI effective date Sep 3, 2026 Model this put
Underlying $96.41
3	1	34%	0.483	$1.20	$3.30	$2.70		—	$1.55	$4.00	-0.516	34.9%	—	—
Call · $97 Daily-bar session Sep 3, 2026 Quote as of 2026-09-04 19:59:31.590 UTC Last $2.70 Breakeven $99.70 Implied vol 34% Delta 0.483 ≈48% ITM Gamma 0.064 Theta -0.099 Vega 0.073 Open interest 3 OI effective date Sep 3, 2026 Model this call Put · $97 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:56.981 UTC Last — Breakeven — Implied vol 34.9% Delta -0.516 ≈52% ITM Gamma 0.063 Theta -0.092 Vega 0.073 Open interest — OI effective date — Model this put
2	1	32.3%	0.414	$0.70	$2.70	$1.30		—	$1.30	$4.10	-0.613	25.7%	—	—
Call · $98 Daily-bar session Sep 4, 2026 Quote as of 2026-09-04 19:59:57.230 UTC Last $1.30 Breakeven $99.30 Implied vol 32.3% Delta 0.414 ≈41% ITM Gamma 0.066 Theta -0.092 Vega 0.071 Open interest 2 OI effective date Sep 3, 2026 Model this call Put · $98 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:30.508 UTC Last — Breakeven — Implied vol 25.7% Delta -0.613 ≈61% ITM Gamma 0.082 Theta -0.063 Vega 0.07 Open interest — OI effective date — Model this put
18	6	30.2%	0.339	$0.05	$2.35	$1.85		—	$1.70	$5.10	-0.686	26.2%	—	—
Call · $99 Daily-bar session Sep 2, 2026 Quote as of 2026-09-04 19:59:30.949 UTC Last $1.85 Breakeven $100.85 Implied vol 30.2% Delta 0.339 ≈34% ITM Gamma 0.067 Theta -0.08 Vega 0.067 Open interest 18 OI effective date Sep 3, 2026 Model this call Put · $99 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:29.622 UTC Last — Breakeven — Implied vol 26.2% Delta -0.686 ≈69% ITM Gamma 0.074 Theta -0.058 Vega 0.065 Open interest — OI effective date — Model this put
37	24	28.3%	0.263	$0.10	$1.50	$1.15		$7.80	$2.50	$5.90	-0.745	27.3%	1	4
Call · $100 Daily-bar session Sep 2, 2026 Quote as of 2026-09-04 19:59:59.632 UTC Last $1.15 Breakeven $101.15 Implied vol 28.3% Delta 0.263 ≈26% ITM Gamma 0.063 Theta -0.067 Vega 0.059 Open interest 37 OI effective date Sep 3, 2026 Model this call Put · $100 In the money Daily-bar session Aug 20, 2026 Quote as of 2026-09-04 19:59:29.620 UTC Last $7.80 Breakeven $92.20 Implied vol 27.3% Delta -0.745 ≈75% ITM Gamma 0.065 Theta -0.054 Vega 0.058 Open interest 4 OI effective date Sep 3, 2026 Model this put
1	1	—	—	$0.00	$1.90	$0.60		—	$3.20	$6.10	-0.887	19.5%	—	—
Call · $101 Daily-bar session Aug 24, 2026 Quote as of 2026-09-04 19:59:31.673 UTC Last $0.60 Breakeven $101.60 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 3, 2026 Model this call Put · $101 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:31.689 UTC Last — Breakeven — Implied vol 19.5% Delta -0.887 ≈89% ITM Gamma 0.054 Theta -0.017 Vega 0.035 Open interest — OI effective date — Model this put
2	2	—	—	$0.00	$1.75	$0.65		—	$5.10	$7.40	-0.782	36%	—	—
Call · $102 Daily-bar session Aug 24, 2026 Quote as of 2026-09-04 19:58:48.822 UTC Last $0.65 Breakeven $102.65 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 OI effective date Sep 3, 2026 Model this call Put · $102 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:29.228 UTC Last — Breakeven — Implied vol 36% Delta -0.782 ≈78% ITM Gamma 0.045 Theta -0.066 Vega 0.054 Open interest — OI effective date — Model this put
4	1	—	—	$0.00	$2.30	$0.37		—	$5.20	$8.30	-0.881	28.4%	—	—
Call · $103 Daily-bar session Aug 24, 2026 Quote as of 2026-09-04 19:55:03.163 UTC Last $0.37 Breakeven $103.37 Implied vol — Delta — Gamma — Theta — Vega — Open interest 4 OI effective date Sep 3, 2026 Model this call Put · $103 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:03.163 UTC Last — Breakeven — Implied vol 28.4% Delta -0.881 ≈88% ITM Gamma 0.038 Theta -0.03 Vega 0.036 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$2.25	—		—	$6.60	$8.60	-0.93	26.3%	—	—
Call · $104 Daily-bar session Unknown Quote as of 2026-09-04 19:59:59.662 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $104 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:44.027 UTC Last — Breakeven — Implied vol 26.3% Delta -0.93 ≈93% ITM Gamma 0.028 Theta -0.015 Vega 0.024 Open interest — OI effective date — Model this put
2	2	—	—	$0.00	$0.75	$0.42		—	$7.20	$10.00	-0.935	28.9%	—	—
Call · $105 Daily-bar session Sep 2, 2026 Quote as of 2026-09-04 19:55:03.163 UTC Last $0.42 Breakeven $105.42 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 OI effective date Sep 3, 2026 Model this call Put · $105 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:17.108 UTC Last — Breakeven — Implied vol 28.9% Delta -0.935 ≈93% ITM Gamma 0.024 Theta -0.016 Vega 0.023 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.75	—		—	$8.20	$10.60	—	—	—	—
Call · $106 Daily-bar session Unknown Quote as of 2026-09-04 19:55:03.163 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $106 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:56.191 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
2	1	—	—	$0.00	$0.75	$0.05		—	$12.30	$15.20	-0.92	47.7%	—	—
Call · $110 Daily-bar session Aug 26, 2026 Quote as of 2026-09-04 19:55:03.163 UTC Last $0.05 Breakeven $110.05 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 OI effective date Sep 3, 2026 Model this call Put · $110 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:10.463 UTC Last — Breakeven — Implied vol 47.7% Delta -0.92 ≈92% ITM Gamma 0.017 Theta -0.039 Vega 0.027 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.35	—		—	$17.50	$20.20	-0.919	63.7%	—	—
Call · $115 Daily-bar session Unknown Quote as of 2026-09-04 19:55:03.163 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $115 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:10.411 UTC Last — Breakeven — Implied vol 63.7% Delta -0.919 ≈92% ITM Gamma 0.013 Theta -0.056 Vega 0.027 Open interest — OI effective date — Model this put
3	3	—	—	$0.00	$0.35	$1.20		—	$22.10	$25.20	-0.954	65.9%	—	—
Call · $120 Daily-bar session Jun 1, 2026 Quote as of 2026-09-04 19:59:31.982 UTC Last $1.20 Breakeven $121.20 Implied vol — Delta — Gamma — Theta — Vega — Open interest 3 OI effective date Sep 3, 2026 Model this call Put · $120 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:59:57.233 UTC Last — Breakeven — Implied vol 65.9% Delta -0.954 ≈95% ITM Gamma 0.008 Theta -0.033 Vega 0.018 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.35	—		—	$27.10	$29.90	-0.982	63.5%	—	—
Call · $125 Daily-bar session Unknown Quote as of 2026-09-04 19:55:02.762 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $125 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:04.693 UTC Last — Breakeven — Implied vol 63.5% Delta -0.982 ≈98% ITM Gamma 0.004 Theta -0.007 Vega 0.008 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.35	—		—	$32.20	$34.70	-0.992	63.7%	—	—
Call · $130 Daily-bar session Unknown Quote as of 2026-09-04 19:55:03.163 UTC Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $130 In the money Daily-bar session Unknown Quote as of 2026-09-04 19:55:53.073 UTC Last — Breakeven — Implied vol 63.7% Delta -0.992 ≈99% ITM Gamma 0.002 Theta 0.003 Vega 0.004 Open interest — OI effective date — Model this put

About this data

Each contract's last price, day range and volume belong to the daily-bar session shown in its details; unknown means the source omitted that timestamp. Open interest has its own effective date shown separately; implied volatility and greeks are model values computed when fetched. This chain has mixed daily-bar sessions · Jun 1, 2026–Sep 4, 2026; 36 unknown. Positioning totals are shown only when every returned open-interest value has the same known effective date. Bid and ask are real-time consolidated OPRA readings.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown. The 25 strikes around the money are shown by default — switch to "All 34" for the wings. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.