Kennametal Inc. (KMT)
Kennametal Max Pain By Strike
KMT trades at $21.05, 5.3% above the near-term max pain of $20 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($10-$20), reflecting growing call interest at higher strikes. Key magnetic zone at 20 where 3 expirations converge.
Kennametal Max Pain By Expiry
Max pain for KMT shows an upward trend from 10 to 20, suggesting bullish positioning in longer-dated options. The 61% spread signals divergent expectations across timeframes. Most levels below 21.05 may cap rallies. Strong magnetic level at 20 (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 | 20 | -1.05 (-4.99%) |
| Oct 17, 2025 | 20 | -1.05 (-4.99%) |
| Jan 16, 2026 | 20 | -1.05 (-4.99%) |
| Feb 20, 2026 | 10 | -11.05 (-52.49%) |
| Apr 17, 2026 | 12.5 | -8.55 (-40.62%) |