Alcon Inc. (ALC)
Alcon Max Pain By Strike
ALC trades at $88, 2.2% below the near-term max pain of $90 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($60-$100), signaling increased put positioning or downside protection. Key magnetic zone at 90 where 2 expirations converge.
Alcon Max Pain By Expiry
Max pain for ALC shows a downward trend from 100 to 60, indicating bearish sentiment or hedging activity. The 46% spread signals divergent expectations across timeframes. Levels distributed around 88. 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 |
|---|---|---|
| Aug 15, 2025 | 90 | 2.00 (2.27%) |
| Sep 19, 2025 | 90 | 2.00 (2.27%) |
| Oct 17, 2025 | 60 | -28.00 (-31.82%) |
| Nov 21, 2025 | 87.5 | -0.50 (-0.57%) |
| Jan 16, 2026 | 95 | 7.00 (7.95%) |
| Feb 20, 2026 | 100 | 12.00 (13.64%) |