thetaOwl

KRYS

Krystal Biotech, Inc.Close $332.82EOD only
Max Pain
$320.00
Next expiry Aug 21, 2026
Expected Move
±$11.25
3.4% from close
Price Gap
-12.82
Distance to max pain
IV Rank
18
Low premium
P/C OI
0.79
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 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
Aug 18, 2026 close
Max Pain — KRYS
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $320.00 (12.82 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$320.00
Nearest expiry
Expected Move
±$11.25
±3.4%
Days to Expiry
3
Calendar days
Total Call OI
3,346
Nearest expiry
Total Put OI
1,574
Nearest expiry
P/C OI Ratio
0.47
Put-heavy
Spot Price
$332.82
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-06-18$280.006/18/2026, 11:20:22 PM
2026-07-17$320.007/17/2026, 11:24:05 PM
2026-08-21NextUpdated$320.008/18/2026, 11:19:20 PM
2026-09-18$310.008/18/2026, 11:19:20 PM
2026-11-20$290.008/18/2026, 11:19:20 PM
2027-02-19$340.008/18/2026, 11:19:20 PM
2027-03-19$300.008/18/2026, 11:19:20 PM
2027-06-17$300.008/18/2026, 11:19:20 PM
Selected expiration: 2026-08-21 at max pain $320.00.
KRYS pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
14002607450026074500
14502528750025287500
16502213950022139500
17002135300021353000
17525002056650020569000
18050001978100019786000
190100001821000018220000
195135001742550017439000
200170001664100016658000
210270001507400015101000
220380001350700013545000
230550001194200011997000
240720001038000010452000
2509300088390008932000
26017500073860007561000
27027900060450006324000
28041000047290005139000
29057100034620004033000
30073900022170002956000
310102500013300002355000
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.