KraneShares Hang Seng TEC... (KTEC)
KraneShares Hang Seng TECH Index ETF Max Pain By Strike
KTEC trades at $17.08, 42.3% above the near-term max pain of $12 expiring Sep 19, 2025 (15 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($10-$99), signaling increased put positioning or downside protection. Key magnetic zone at 11 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
KraneShares Hang Seng TECH Index ETF Max Pain By Expiry
Max pain for KTEC shows a downward trend from 99 to 10, indicating bearish sentiment or hedging activity. The 311% spread signals divergent expectations across timeframes. Most levels below 17.08 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 12 | -5.08 (-29.74%) |
| Oct 17, 2025 | 11 | -6.08 (-35.60%) |
| Nov 21, 2025 | 10 | -7.08 (-41.45%) |
| Jan 16, 2026 | 99 | 81.92 (479.63%) |
| Feb 20, 2026 | 11 | -6.08 (-35.60%) |