KraneShares Photonic and Optical ETF (LUMA) Max Pain Analysis
Max pain is the strike price where aggregate option buyer payout is minimized at expiration. It represents the price at which option writers retain the most premium.
KraneShares Photonic and Optical ETF (LUMA) operates in the Financial Services sector, specifically the Asset Management industry, listed on AMEX, carrying a beta of 0.00 to the broader market. Seeks to provide exposure to both public and private companies worldwide that build optical interconnects, transceivers, fiber-optic cables, and other light-based infrastructure that can move vast amounts of data at the speed of light. Led by Jonathan Krane, public since 2026-07-15.
Max pain analysis shows the strike price where the most options expire worthless. No recent options activity for LUMA as of 2026-07-17; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.