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 Kimberly-Clark options about one week from expiration was $101.00. The chart above shows the exact max pain for each expiration date.

Kimberly-Clark closed above its near-term max pain on 16 of the last 20 trading days. On Nov 4, 2026 it closed at $108.88, 7.8% above max pain of $101.00.

Over the last 20 trading days, near-term max pain for Kimberly-Clark ranged from $99.14 to $104.29. It went from $99.43 on Oct 8, 2026 to $101.00 on Nov 4, 2026. See the KMB max pain history for a longer view.

With more than half of its sales from personal care and another third from consumer tissue products, Kimberly-Clark is a leading manufacturer in the tissue and hygiene realm.