KraneShares Global Luxury... (KLXY)
KraneShares Global Luxury Index ETF Max Pain By Strike
KLXY trades at $25.61, 22.0% above the near-term max pain of $21 expiring Sep 19, 2025 (22 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($20-$97.5), signaling increased put positioning or downside protection. Key magnetic zone at 21 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
KraneShares Global Luxury Index ETF Max Pain By Expiry
Max pain for KLXY shows a downward trend from 97.5 to 20, indicating bearish sentiment or hedging activity. The 210% spread signals divergent expectations across timeframes. Most levels below 25.61 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 | 21 | -4.61 (-18.02%) |
| Oct 17, 2025 | 21 | -4.61 (-18.02%) |
| Nov 21, 2025 | 20 | -5.61 (-21.92%) |
| Feb 20, 2026 | 25 | -0.61 (-2.40%) |
| Dec 18, 2026 | 97.5 | 71.89 (280.64%) |