Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.

As of the Nov 4, 2026 close, max pain for Kimco Realty options about one week from expiration was $22.65. The chart above shows the exact max pain for each expiration date.

Kimco Realty closed above its near-term max pain on 13 of the last 20 trading days. On Nov 4, 2026 it closed at $25.88, 14.2% above max pain of $22.65.

Over the last 20 trading days, near-term max pain for Kimco Realty ranged from $22.50 to $22.93. It went from $22.51 on Oct 8, 2026 to $22.65 on Nov 4, 2026. See the KIM max pain history for a longer view.

One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 564 shopping centers throughout major markets in the US, representing roughly 100 million square feet.