ALLETE Inc. (ALE)
ALLETE Max Pain By Strike
ALE trades at $63.67, 2.0% below the near-term max pain of $65 expiring Sep 19, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($40-$70), reflecting growing call interest at higher strikes. Key magnetic zone at 65 where 2 expirations converge.
ALLETE Max Pain By Expiry
Max pain for ALE shows an upward trend from 40 to 70, suggesting bullish positioning in longer-dated options. The 50% spread signals divergent expectations across timeframes. Most levels above 63.67 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 | 65 | 1.33 (2.09%) |
| Oct 17, 2025 | 70 | 6.33 (9.94%) |
| Jan 16, 2026 | 65 | 1.33 (2.09%) |
| Apr 17, 2026 | 40 | -23.67 (-37.18%) |