KraneShares MSCI China Cl... (KGRN)
KraneShares MSCI China Clean Technology Index ETF* Max Pain By Strike
KGRN trades at $28.73, 24.9% above the near-term max pain of $23 expiring Sep 19, 2025 (21 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
KraneShares MSCI China Clean Technology Index ETF* Max Pain By Expiry
Max pain for KGRN shows a downward trend from 95 to 7, indicating bearish sentiment or hedging activity. The 281% spread signals divergent expectations across timeframes. Most levels below 28.73 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 | 23 | -5.73 (-19.94%) |
| Oct 17, 2025 | 18 | -10.73 (-37.35%) |
| Nov 21, 2025 | 25 | -3.73 (-12.98%) |
| Jan 16, 2026 | 7 | -21.73 (-75.64%) |
| Feb 20, 2026 | 20 | -8.73 (-30.39%) |
| Dec 18, 2026 | 95 | 66.27 (230.66%) |