(KEMX)
Max Pain By Strike
KEMX trades at $33.12, 22.7% above the near-term max pain of $27 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($24-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for KEMX shows a downward trend from 95 to 24, indicating bearish sentiment or hedging activity. The 178% spread signals divergent expectations across timeframes. Most levels below 33.12 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 | 27 | -6.12 (-18.48%) |
| Oct 17, 2025 | 24 | -9.12 (-27.54%) |
| Jan 16, 2026 | 25 | -8.12 (-24.52%) |
| Apr 17, 2026 | 28 | -5.12 (-15.46%) |
| Dec 18, 2026 | 95 | 61.88 (186.84%) |