KKR Real Estate Finance T... (KREF)

KREF trades at $9.05, 9.5% below the near-term max pain of $10 expiring Oct 17, 2025 (12 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($2.5-$12.5), signaling increased put positioning or downside protection. Key magnetic zone at 10 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for KREF shows a downward trend from 12.5 to 2.5, indicating bearish sentiment or hedging activity. The 114% spread signals divergent expectations across timeframes. Most levels above 9.05 could support dips. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.