(KMLM)
Max Pain By Strike
KMLM trades at $26.68, 33.4% above the near-term max pain of $20 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($8-$26), 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 KMLM shows a downward trend from 26 to 8, indicating bearish sentiment or hedging activity. The 95% spread signals divergent expectations across timeframes. Most levels below 26.68 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 | 20 | -6.68 (-25.04%) |
| Oct 17, 2025 | 26 | -0.68 (-2.55%) |
| Jan 16, 2026 | 8 | -18.68 (-70.01%) |
| Apr 17, 2026 | 22 | -4.68 (-17.54%) |