ALLETE Inc. (ALE)
ALLETE Max Pain By Strike
ALE trades at $66.26, pinned near the near-term max pain of $65 expiring Oct 17, 2025 (19 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($60-$65), signaling increased put positioning or downside protection. Key magnetic zone at 60 where 2 expirations converge.
ALLETE Max Pain By Expiry
Max pain for ALE shows a downward trend from 65 to 60, indicating bearish sentiment or hedging activity. The 8% spread suggests strong consensus on fair value. Most levels below 66.26 may cap rallies. 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 |
|---|---|---|
| Oct 17, 2025 | 65 | n/a (n/a) |
| Nov 21, 2025 | 60 | n/a (n/a) |
| Jan 16, 2026 | 60 | n/a (n/a) |
| Apr 17, 2026 | 65 | n/a (n/a) |