This page reflects KNF 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 — KNF
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $70.00 (4.55 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$2.00
±3.1%
Days to Expiry
3
Calendar days
Total Call OI
257
Nearest expiry
Total Put OI
49
Nearest expiry
P/C OI Ratio
0.19
Put-heavy
Spot Price
$65.45
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
$80.00
6/18/2026, 11:17:27 PM
2026-07-17
$70.00
7/17/2026, 11:23:29 PM
2026-08-21NextUpdated
$70.00
8/18/2026, 11:19:42 PM
2026-09-18
$65.00
8/18/2026, 11:19:42 PM
2026-11-20
$65.00
8/18/2026, 11:19:42 PM
2027-02-19
$65.00
8/18/2026, 11:19:42 PM
Selected expiration: 2026-08-21 at max pain $70.00.
KNF pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
79000
79000
45
0
55000
55000
50
0
31000
31000
55
0
22500
22500
60
500
14000
14500
65
1000
8500
9500
70
3000
3000
6000
75
19000
0
19000
80
37000
0
37000
85
58500
0
58500
90
95000
0
95000
95
194500
0
194500
100
298000
0
298000
105
409000
0
409000
110
524000
0
524000
115
643500
0
643500
120
769500
0
769500
125
897000
0
897000
135
1153000
0
1153000
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.