This page reflects KEN options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — KEN
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $75.00 (14.51 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$5.42
±9.0%
Days to Expiry
14
Calendar days
Total Call OI
268
Nearest expiry
Total Put OI
113
Nearest expiry
P/C OI Ratio
0.42
Put-heavy
Spot Price
$60.49
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$65.00
8/21/2026, 11:19:25 PM
2026-09-18
$65.00
9/18/2026, 11:18:04 PM
2026-10-16NextUpdated
$75.00
10/2/2026, 11:18:34 PM
2027-01-15
$60.00
10/2/2026, 11:18:34 PM
2027-04-16
$70.00
10/2/2026, 11:18:34 PM
Selected expiration: 2026-10-16 at max pain $75.00.
KEN pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
515500
515500
50
500
459000
459500
55
1500
402500
404000
60
3000
346000
349000
65
6000
292000
298000
70
9000
238000
247000
75
24500
184000
208500
80
82000
130000
212000
85
159500
97500
257000
90
248000
65000
313000
95
356000
32500
388500
100
488500
0
488500
105
622000
0
622000
110
755500
0
755500
115
889000
0
889000
120
1022500
0
1022500
125
1156000
0
1156000
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.