This page reflects KNSL options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — KNSL
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $330.00 (24.85 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$330.00
Nearest expiry
Expected Move
±$17.90
±5.0%
Days to Expiry
15
Calendar days
Total Call OI
581
Nearest expiry
Total Put OI
552
Nearest expiry
P/C OI Ratio
0.95
Put-heavy
Spot Price
$354.85
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$320.00
5/15/2026, 11:20:42 PM
2026-06-18
$320.00
6/18/2026, 11:20:25 PM
2026-07-17NextUpdated
$330.00
7/3/2026, 11:16:58 PM
2026-08-21
$330.00
7/3/2026, 11:16:58 PM
2026-10-16
$310.00
7/3/2026, 11:16:58 PM
2027-01-15
$330.00
7/3/2026, 11:16:58 PM
Selected expiration: 2026-07-17 at max pain $330.00.
KNSL pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
190
0
6769500
6769500
195
0
6497000
6497000
200
0
6227000
6227000
210
2000
5691000
5693000
220
4000
5185000
5189000
230
6000
4682000
4688000
240
8000
4194000
4202000
250
10000
3709000
3719000
260
17000
3238000
3255000
270
24000
2796000
2820000
280
31000
2363000
2394000
290
40000
1971000
2011000
300
52000
1648000
1700000
310
78000
1418000
1496000
320
118000
1229000
1347000
330
197000
1108000
1305000
340
321000
994000
1315000
350
476000
890000
1366000
360
860000
793000
1653000
370
1254000
707000
1961000
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.