This page reflects KNSL options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — KNSL
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $330.00 (18.30 above 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
±$24.25
±7.8%
Days to Expiry
29
Calendar days
Total Call OI
124
Nearest expiry
Total Put OI
593
Nearest expiry
P/C OI Ratio
4.78
Put-heavy
Spot Price
$311.70
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$350.00
4/17/2026, 11:16:54 PM
2026-05-15
$320.00
5/15/2026, 11:20:42 PM
2026-06-18NextUpdated
$330.00
5/20/2026, 11:18:48 PM
2026-07-17
$350.00
5/20/2026, 11:18:48 PM
2026-10-16
$310.00
5/20/2026, 11:18:48 PM
2027-01-15
$360.00
5/20/2026, 11:18:48 PM
Selected expiration: 2026-06-18 at max pain $330.00.
KNSL pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
230
0
3377000
3377000
250
0
2211000
2211000
260
0
1634000
1634000
270
0
1065000
1065000
280
0
717000
717000
290
0
491000
491000
300
0
318000
318000
310
3000
171000
174000
320
16000
46000
62000
330
31000
28000
59000
340
58000
17000
75000
350
100000
9000
109000
360
181000
2000
183000
370
291000
0
291000
380
407000
0
407000
390
526000
0
526000
400
645000
0
645000
420
891000
0
891000
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.