KraneShares CSI China Int... (KWEB)
KraneShares CSI China Internet ETF Max Pain By Strike
KWEB trades at $38.15, 3.1% above the near-term max pain of $37 expiring Sep 5, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($30-$75), indicating stable market expectations. Key magnetic zone at 38 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
KraneShares CSI China Internet ETF Max Pain By Expiry
Max pain for KWEB shows stable levels around 38.60, reflecting balanced market expectations. The 117% spread signals divergent expectations across timeframes. Most levels below 38.15 may cap rallies. Strong magnetic level at 38 (4 expirations). 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 5, 2025 | 37 | -1.15 (-3.01%) |
| Sep 12, 2025 | 38 | -0.15 (-0.39%) |
| Sep 19, 2025 | 35 | -3.15 (-8.26%) |
| Sep 26, 2025 | 37 | -1.15 (-3.01%) |
| Oct 3, 2025 | 37.5 | -0.65 (-1.70%) |
| Oct 10, 2025 | 37.5 | -0.65 (-1.70%) |
| Oct 17, 2025 | 38 | -0.15 (-0.39%) |
| Nov 21, 2025 | 35 | -3.15 (-8.26%) |
| Dec 19, 2025 | 36 | -2.15 (-5.64%) |
| Jan 16, 2026 | 36 | -2.15 (-5.64%) |
| Feb 20, 2026 | 36 | -2.15 (-5.64%) |
| Jun 18, 2026 | 34 | -4.15 (-10.88%) |
| Jul 17, 2026 | 37 | -1.15 (-3.01%) |
| Dec 18, 2026 | 75 | 36.85 (96.59%) |
| Jan 15, 2027 | 30 | -8.15 (-21.36%) |