This page reflects KNSL options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — KNSL
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $310.00 (22.42 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$310.00
Nearest expiry
Expected Move
±$16.45
±5.0%
Days to Expiry
11
Calendar days
Total Call OI
2,735
Nearest expiry
Total Put OI
784
Nearest expiry
P/C OI Ratio
0.29
Put-heavy
Spot Price
$332.42
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$360.00
8/21/2026, 11:19:28 PM
2026-09-18
$400.00
9/18/2026, 11:19:13 PM
2026-10-16NextUpdated
$310.00
10/5/2026, 11:19:27 PM
2026-11-20
$350.00
10/5/2026, 11:19:27 PM
2027-01-15
$340.00
10/5/2026, 11:19:27 PM
2027-04-16
$340.00
10/5/2026, 11:19:27 PM
Selected expiration: 2026-10-16 at max pain $310.00.
KNSL pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
165
0
10446000
10446000
170
0
10059000
10059000
175
0
9680000
9680000
185
0
8923000
8923000
190
0
8544500
8544500
195
0
8166500
8166500
200
0
7789000
7789000
210
0
7035000
7035000
220
0
6289000
6289000
230
0
5551000
5551000
240
2000
4813000
4815000
250
5000
4097000
4102000
260
9000
3407000
3416000
270
13000
2758000
2771000
280
18000
2154000
2172000
290
23000
1558000
1581000
300
28000
981000
1009000
310
40000
449000
489000
320
1207000
227000
1434000
330
3545000
140000
3685000
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.