KNOT Offshore Partners LP (KNOP)

KNOP trades at $9, 20.0% above the near-term max pain of $7.5 expiring Oct 17, 2025 (18 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($7.5-$7.5), indicating stable market expectations. Key magnetic zone at 8 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for KNOP shows stable levels around 7.50, reflecting balanced market expectations. The 0% spread suggests strong consensus on fair value. Most levels below 9 may cap rallies. Strong magnetic level at 8 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.