thetaOwl

KRYS

Krystal Biotech, Inc.Close $302.05EOD only
Max Pain
$270.00
Next expiry Jun 18, 2026
Expected Move
±$26.95
8.9% from close
Price Gap
-32.05
Distance to max pain
IV Rank
0
Low premium
P/C OI
0.18
Slightly call-heavy
Consensus
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects KRYS 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 — KRYS
Data as of market close May 20, 2026

Nearest listed expiration 2026-06-18 shows max pain at $270.00 (32.05 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$270.00
Nearest expiry
Expected Move
±$26.95
±8.9%
Days to Expiry
29
Calendar days
Total Call OI
1,075
Nearest expiry
Total Put OI
195
Nearest expiry
P/C OI Ratio
0.18
Put-heavy
Spot Price
$302.05
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-06-18
ExpirationMax Pain StrikeLast Updated
2026-04-17$260.004/17/2026, 11:19:02 PM
2026-05-15$260.005/15/2026, 11:22:12 PM
2026-06-18NextUpdated$270.005/20/2026, 11:16:32 PM
2026-08-21$250.005/20/2026, 11:16:32 PM
2026-11-20$240.005/20/2026, 11:16:32 PM
Selected expiration: 2026-06-18 at max pain $270.00.
KRYS pain by strike for 2026-06-18 expiration
StrikeCall PainPut PainTotal Pain
185015890001589000
190100014915001492500
195250013940001396500
200450012970001301500
23022500727000749500
24054500538000592500
250111500403000514500
260169500271000440500
270234500163000397500
280304500104000408500
29040550055000460500
30052250023000545500
31072150015000736500
320170750080001715500
330275250040002756500
340381050010003811500
350488050004880500
40010255500010255500
41011330500011330500
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.