This page reflects KDK options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — KDK
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $6.00 (1.99 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$6.00
Nearest expiry
Expected Move
±$0.30
±7.5%
Days to Expiry
3
Calendar days
Total Call OI
19,499
Nearest expiry
Total Put OI
6,970
Nearest expiry
P/C OI Ratio
0.36
Put-heavy
Spot Price
$4.01
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$7.50
6/18/2026, 11:20:00 PM
2026-07-17
$7.00
7/17/2026, 11:22:22 PM
2026-08-21NextUpdated
$6.00
8/18/2026, 11:18:12 PM
2026-09-18
$6.00
8/18/2026, 11:18:12 PM
2026-10-16
$5.00
8/18/2026, 11:18:12 PM
2026-11-20
$6.00
8/18/2026, 11:18:12 PM
2026-12-18
$6.00
8/18/2026, 11:18:12 PM
2027-01-15
$6.00
8/18/2026, 11:18:12 PM
2027-03-19
$4.00
8/18/2026, 11:18:12 PM
Selected expiration: 2026-08-21 at max pain $6.00.
KDK pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
4105500
4105500
2
100
3409000
3409100
3
200
2712500
2712700
4
700
2016100
2016800
5
12200
1327700
1339900
6
96900
731500
828400
7
1498000
146700
1644700
8
3044000
94600
3138600
9
4965300
47500
5012800
10
6896300
900
6897200
11
8845500
800
8846300
14
14695200
500
14695700
15
16645100
400
16645500
19
24444700
0
24444700
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.