(KBWP)
Max Pain By Strike
KBWP trades at $119.74, pinned near the near-term max pain of $118 expiring Sep 19, 2025 (33 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 119.74 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 | -1.74 (-1.45%) |
| Oct 17, 2025 | 107 | -12.74 (-10.64%) |
| Jan 16, 2026 | 114 | -5.74 (-4.79%) |
| Apr 17, 2026 | 117 | -2.74 (-2.29%) |