KraneShares Asia Pacific ... (KHYB)
KraneShares Asia Pacific High Income USD Bond ETF* Max Pain By Strike
KHYB trades at $24.35, 28.2% above the near-term max pain of $19 expiring Sep 19, 2025 (16 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($18-$19), indicating stable market expectations. Key magnetic zone at 19 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
KraneShares Asia Pacific High Income USD Bond ETF* Max Pain By Expiry
Max pain for KHYB shows stable levels around 18.75, reflecting balanced market expectations. The 5% spread suggests strong consensus on fair value. Most levels below 24.35 may cap rallies. Strong magnetic level at 19 (3 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 19, 2025 | 19 | -5.35 (-21.97%) |
| Oct 17, 2025 | 19 | -5.35 (-21.97%) |
| Nov 21, 2025 | 18 | -6.35 (-26.08%) |
| Feb 20, 2026 | 19 | -5.35 (-21.97%) |