This page reflects KLAR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 19, 2026 close
Max Pain — KLAR
Data as of market close May 19, 2026
Nearest listed expiration 2026-05-22 shows max pain at $15.00 (0.13 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$15.00
Nearest expiry
Expected Move
±$0.73
±4.8%
Days to Expiry
3
Calendar days
Total Call OI
9,362
Nearest expiry
Total Put OI
4,115
Nearest expiry
P/C OI Ratio
0.44
Put-heavy
Spot Price
$15.13
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-22
Expiration
Max Pain Strike
Last Updated
2026-05-08
$14.00
5/8/2026, 11:17:57 PM
2026-05-15
$14.50
5/15/2026, 11:19:43 PM
2026-05-22NextUpdated
$15.00
5/19/2026, 11:18:35 PM
2026-05-29
$14.50
5/19/2026, 11:18:35 PM
2026-06-05
$14.00
5/19/2026, 11:18:35 PM
2026-06-12
$15.50
5/19/2026, 11:18:35 PM
2026-06-18
$15.00
5/19/2026, 11:18:35 PM
2026-06-26
$14.00
5/19/2026, 11:18:35 PM
2026-07-17
$15.00
5/19/2026, 11:18:35 PM
2026-09-18
$15.00
5/19/2026, 11:18:35 PM
2026-10-16
$15.00
5/19/2026, 11:18:35 PM
2026-12-18
$15.00
5/19/2026, 11:18:35 PM
2027-01-15
$20.00
5/19/2026, 11:18:35 PM
Selected expiration: 2026-05-22 at max pain $15.00.
KLAR pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
4363200
4363200
4
100
3951700
3951800
5
200
3540200
3540400
6
300
3128700
3129000
7
400
2717500
2717900
8
600
2306300
2306900
8.5
800
2105950
2106750
9
1050
1905600
1906650
9.5
1400
1705850
1707250
10
1800
1506100
1507900
10.5
2200
1308500
1310700
11
2600
1116600
1119200
11.5
3050
931000
934050
12
3600
752400
756000
12.5
4300
596150
600450
13
5550
460750
466300
13.5
7550
331150
338700
14
14900
210450
225350
14.5
38750
148450
187200
15
79750
97850
177600
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.