This page reflects KKR 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 — KKR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $100.00 (7.19 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$100.00
Nearest expiry
Expected Move
±$3.92
±3.7%
Days to Expiry
3
Calendar days
Total Call OI
19,785
Nearest expiry
Total Put OI
19,200
Nearest expiry
P/C OI Ratio
0.97
Put-heavy
Spot Price
$107.19
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
2026-08-07
$100.00
8/7/2026, 11:22:04 PM
2026-08-14
$100.00
8/14/2026, 11:23:18 PM
2026-08-21NextUpdated
$100.00
8/18/2026, 11:21:04 PM
2026-08-28
$110.00
8/18/2026, 11:21:04 PM
2026-09-04
$108.00
8/18/2026, 11:21:04 PM
2026-09-11
$106.00
8/18/2026, 11:21:04 PM
2026-09-18
$105.00
8/18/2026, 11:21:04 PM
2026-09-25
$104.00
8/18/2026, 11:21:04 PM
2026-10-02
$100.00
8/18/2026, 11:21:04 PM
2026-10-16
$110.00
8/18/2026, 11:21:04 PM
2026-11-20
$115.00
8/18/2026, 11:21:04 PM
2026-12-18
$105.00
8/18/2026, 11:21:04 PM
2027-01-15
$105.00
8/18/2026, 11:21:04 PM
2027-03-19
$90.00
8/18/2026, 11:21:04 PM
2027-05-21
$105.00
8/18/2026, 11:21:04 PM
2027-06-17
$125.00
8/18/2026, 11:21:04 PM
Selected expiration: 2026-08-21 at max pain $100.00.
KKR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
42.5
0
96048600
96048600
45
250
91249350
91249600
47.5
750
86450100
86450850
50
1250
81650850
81652100
55
2750
72087850
72090600
60
4750
62526350
62531100
65
7250
53021850
53029100
70
10250
43584850
43595100
75
13750
34229850
34243600
77.5
18000
29640850
29658850
80
22250
25680350
25702600
82.5
64000
21856350
21920350
85
106000
18071350
18177350
86
124800
16720850
16845650
87
143600
15370450
15514050
87.5
153000
14695300
14848300
88
163800
14056900
14220700
89
185400
12780200
12965600
90
207000
11503700
11710700
91
238800
10320900
10559700
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.