(KBWP)
Max Pain By Strike
KBWP trades at $121.4, 2.9% above the near-term max pain of $118 expiring Sep 19, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($107-$118), signaling increased put positioning or downside protection.
Max Pain By Expiry
Max pain for KBWP shows a downward trend from 118 to 107, indicating bearish sentiment or hedging activity. The 10% spread suggests strong consensus on fair value. Most levels below 121.4 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 | 118 | -3.40 (-2.80%) |
| Oct 17, 2025 | 107 | -14.40 (-11.86%) |
| Jan 16, 2026 | 114 | -7.40 (-6.09%) |
| Apr 17, 2026 | 116 | -5.40 (-4.45%) |