This page reflects KIM 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 — KIM
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $25.00 (0.78 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$25.00
Nearest expiry
Expected Move
±$0.70
±2.9%
Days to Expiry
3
Calendar days
Total Call OI
202
Nearest expiry
Total Put OI
371
Nearest expiry
P/C OI Ratio
1.84
Put-heavy
Spot Price
$24.22
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
$22.50
6/18/2026, 11:20:03 PM
2026-07-17
$22.50
7/17/2026, 11:22:29 PM
2026-08-21NextUpdated
$25.00
8/18/2026, 11:20:38 PM
2026-09-18
$25.00
8/18/2026, 11:20:38 PM
2026-10-16
$25.00
8/18/2026, 11:20:38 PM
2026-12-18
$20.00
8/18/2026, 11:20:38 PM
2027-01-15
$22.50
8/18/2026, 11:20:38 PM
Selected expiration: 2026-08-21 at max pain $25.00.
KIM pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
12.5
0
452750
452750
15
0
360250
360250
20
0
176750
176750
22.5
2500
87500
90000
25
10750
500
11250
27.5
51000
250
51250
30
91750
0
91750
35
192750
0
192750
37.5
243250
0
243250
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.