(KBA)
Max Pain By Strike
KBA trades at $26.77, 33.8% above the near-term max pain of $20 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7-$31), reflecting growing call interest at higher strikes. Key magnetic zone at 20 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for KBA shows an upward trend from 7 to 31, suggesting bullish positioning in longer-dated options. The 113% spread signals divergent expectations across timeframes. Levels distributed around 26.77. 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 | 20 | -6.77 (-25.30%) |
| Oct 17, 2025 | 31 | 4.23 (15.78%) |
| Dec 19, 2025 | 28 | 1.23 (4.58%) |
| Jan 16, 2026 | 7 | -19.77 (-73.86%) |
| Mar 20, 2026 | 20 | -6.77 (-25.30%) |