(KWEB)
Max Pain By Strike
KWEB trades at $39.05, 2.8% above the near-term max pain of $38 expiring Sep 12, 2025 (4 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($30-$75), signaling increased put positioning or downside protection. Key magnetic zone at 37 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for KWEB shows a downward trend from 75 to 30, indicating bearish sentiment or hedging activity. The 116% spread signals divergent expectations across timeframes. Most levels below 39.05 may cap rallies. Strong magnetic level at 37 (4 expirations). 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 12, 2025 | 38 | -1.05 (-2.69%) |
| Sep 19, 2025 | 35 | -4.05 (-10.37%) |
| Sep 26, 2025 | 37 | -2.05 (-5.25%) |
| Oct 3, 2025 | 37.5 | -1.55 (-3.97%) |
| Oct 10, 2025 | 37 | -2.05 (-5.25%) |
| Oct 17, 2025 | 38 | -1.05 (-2.69%) |
| Oct 24, 2025 | 37.5 | -1.55 (-3.97%) |
| Nov 21, 2025 | 36 | -3.05 (-7.81%) |
| Dec 19, 2025 | 37 | -2.05 (-5.25%) |
| Jan 16, 2026 | 36 | -3.05 (-7.81%) |
| Feb 20, 2026 | 36 | -3.05 (-7.81%) |
| Jun 18, 2026 | 35 | -4.05 (-10.37%) |
| Jul 17, 2026 | 37 | -2.05 (-5.25%) |
| Dec 18, 2026 | 75 | 35.95 (92.06%) |
| Jan 15, 2027 | 30 | -9.05 (-23.18%) |