Alcon Inc. (ALC)
Alcon Max Pain By Strike
ALC trades at $80.18, 5.7% below the near-term max pain of $85 expiring Sep 19, 2025 (13 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($80-$95), signaling increased put positioning or downside protection. Key magnetic zone at 83 where 2 expirations converge.
Alcon Max Pain By Expiry
Max pain for ALC shows a downward trend from 95 to 80, indicating bearish sentiment or hedging activity. The 18% spread signals divergent expectations across timeframes. Most levels above 80.18 could support dips. 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 | 85 | 4.82 (6.01%) |
| Oct 17, 2025 | 80 | -0.18 (-0.22%) |
| Nov 21, 2025 | 82.5 | 2.32 (2.89%) |
| Jan 16, 2026 | 95 | 14.82 (18.48%) |
| Feb 20, 2026 | 82.5 | 2.32 (2.89%) |