Kratos Defense & Security SolutClose $61.99EOD only
Max Pain
$55.00
Next expiry Aug 21, 2026
Expected Move
±$3.22
5.2% from close
Price Gap
-6.99
Distance to max pain
IV Rank
28
Middle-high premium
P/C OI
0.50
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects KTOS 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 — KTOS
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $55.00 (6.99 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$3.22
±5.2%
Days to Expiry
3
Calendar days
Total Call OI
37,733
Nearest expiry
Total Put OI
16,077
Nearest expiry
P/C OI Ratio
0.43
Put-heavy
Spot Price
$61.99
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
2026-08-07
$50.00
8/7/2026, 11:18:43 PM
2026-08-14
$55.00
8/14/2026, 11:19:47 PM
2026-08-21NextUpdated
$55.00
8/18/2026, 11:19:09 PM
2026-08-28
$55.00
8/18/2026, 11:19:09 PM
2026-09-04
$62.00
8/18/2026, 11:19:09 PM
2026-09-11
$60.00
8/18/2026, 11:19:09 PM
2026-09-18
$55.00
8/18/2026, 11:19:09 PM
2026-09-25
$59.00
8/18/2026, 11:19:09 PM
2026-10-02
$63.00
8/18/2026, 11:19:09 PM
2026-11-20
$50.00
8/18/2026, 11:19:09 PM
2027-01-15
$57.50
8/18/2026, 11:19:09 PM
2027-02-19
$52.50
8/18/2026, 11:19:09 PM
Selected expiration: 2026-08-21 at max pain $55.00.
KTOS pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
27.5
0
35219950
35219950
30
500
31211450
31211950
32.5
9750
27419950
27429700
35
19750
23660950
23680700
37
29150
20734150
20763300
37.5
31750
20003250
20035000
38
34750
19324050
19358800
39
40750
17967950
18008700
40
46750
16624550
16671300
41
63450
15325250
15388700
41.5
71850
14675650
14747500
42
83050
14026150
14109200
42.5
94300
13383150
13477450
43
107050
12879500
12986550
43.5
119850
12376250
12496100
44
132950
11873500
12006450
44.5
146450
11371850
11518300
45
160200
10870800
11031000
45.5
181300
10397450
10578750
46
209350
9924750
10134100
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.