(KBWD)
Max Pain By Strike
KBWD trades at $14.15, pinned near the near-term max pain of $14 expiring Sep 19, 2025 (8 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($12-$95), signaling increased put positioning or downside protection. Key magnetic zone at 14 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for KBWD shows a downward trend from 95 to 12, indicating bearish sentiment or hedging activity. The 280% spread signals divergent expectations across timeframes. Most levels below 14.15 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 | 14 | -0.15 (-1.06%) |
| Oct 17, 2025 | 12 | -2.15 (-15.19%) |
| Nov 21, 2025 | 14 | -0.15 (-1.06%) |
| Feb 20, 2026 | 13 | -1.15 (-8.13%) |
| Dec 18, 2026 | 95 | 80.85 (571.38%) |