This page reflects KLAR 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 — KLAR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $19.00 (3.94 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$19.00
Nearest expiry
Expected Move
±$0.88
±5.8%
Days to Expiry
3
Calendar days
Total Call OI
27,610
Nearest expiry
Total Put OI
21,670
Nearest expiry
P/C OI Ratio
0.78
Put-heavy
Spot Price
$15.06
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
$17.00
8/7/2026, 11:24:03 PM
2026-08-14
$18.00
8/14/2026, 11:19:14 PM
2026-08-21NextUpdated
$19.00
8/18/2026, 11:23:53 PM
2026-08-28
$19.00
8/18/2026, 11:23:53 PM
2026-09-04
$19.50
8/18/2026, 11:23:53 PM
2026-09-11
$19.50
8/18/2026, 11:23:53 PM
2026-09-18
$17.50
8/18/2026, 11:23:53 PM
2026-09-25
$19.00
8/18/2026, 11:23:53 PM
2026-10-16
$17.50
8/18/2026, 11:23:53 PM
2026-12-18
$20.00
8/18/2026, 11:23:53 PM
2027-01-15
$20.00
8/18/2026, 11:23:53 PM
2027-03-19
$20.00
8/18/2026, 11:23:53 PM
Selected expiration: 2026-08-21 at max pain $19.00.
KLAR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
29276150
29276150
5
250
23858650
23858900
7.5
3000
18441150
18444150
9
6150
15190650
15196800
10
8250
13023650
13031900
11
15550
10856650
10872200
12.5
26500
7606300
7632800
13
30250
6565350
6595600
13.5
34000
5526950
5560950
14
39650
4576600
4616250
14.5
52000
3629750
3681750
15
66300
2746850
2813150
15.5
89800
2016550
2106350
16
113300
1417900
1531200
16.5
139100
991900
1131000
17
165250
712000
877250
17.5
198700
483650
682350
18
249650
331650
581300
18.5
308550
221050
529600
19
373300
134150
507450
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.