XHB
Open interest · contracts by strike
Spot
115.7
Max Pain
111
Call OI
3,456
Put OI
325
P/C ratio
0.09
Open interest by strike (contracts)
Call OIPut OISpot / max pain
Max pain 111
Spot 115.7
130
125
123
121
119
117
3,299
Call OI
115
113
111
Max pain
109.5
108.5
107.5
106.5
105.5
146
Put OI
104.5
103.5
102.5
101.5
100.5
99.5
98.5
Open interest by strike with the max-pain level marked, per expiry — heuristics over CBOE delayed chains, same strike band as the GEX profile.