This page reflects KODK options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 20, 2026 close
Max Pain — KODK
Data as of market close Aug 20, 2026
Nearest listed expiration 2026-08-21 shows max pain at $7.50 (2.19 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$7.50
Nearest expiry
Expected Move
±$0.57
±5.9%
Days to Expiry
1
Calendar days
Total Call OI
9,193
Nearest expiry
Total Put OI
1,389
Nearest expiry
P/C OI Ratio
0.15
Put-heavy
Spot Price
$9.69
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
$10.00
6/18/2026, 11:17:28 PM
2026-07-17
$7.50
7/17/2026, 11:22:58 PM
2026-08-21NextUpdated
$7.50
8/20/2026, 11:18:46 PM
2026-09-18
$7.50
8/20/2026, 11:18:46 PM
2026-10-16
$7.50
8/20/2026, 11:18:46 PM
2027-01-15
$5.00
8/20/2026, 11:18:46 PM
Selected expiration: 2026-08-21 at max pain $7.50.
KODK pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
977000
977000
2.5
1350
768800
770150
4
4200
560600
564800
5
6300
421800
428100
6
8900
284100
293000
7.5
13100
80700
93800
9
87650
28200
115850
10
209150
14100
223250
11
684550
10900
695450
12.5
1608250
6400
1614650
14
2884600
4000
2888600
15
3736000
2700
3738700
16
4652600
1700
4654300
17.5
6027500
650
6028150
19
7404200
200
7404400
20
8322000
0
8322000
22.5
10620250
0
10620250
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.