Align Technology Inc. (ALGN)
Align Technology Max Pain By Strike
ALGN trades at $142.44, 2.5% above the near-term max pain of $139 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($85-$180), signaling increased put positioning or downside protection. Key magnetic zone at 135 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Align Technology Max Pain By Expiry
Max pain for ALGN shows a downward trend from 180 to 85, indicating bearish sentiment or hedging activity. The 66% spread signals divergent expectations across timeframes. Levels distributed around 142.44. 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 | 139 | -3.44 (-2.42%) |
| Aug 22, 2025 | 138 | -4.44 (-3.12%) |
| Aug 29, 2025 | 135 | -7.44 (-5.22%) |
| Sep 5, 2025 | 160 | 17.56 (12.33%) |
| Sep 12, 2025 | 135 | -7.44 (-5.22%) |
| Sep 19, 2025 | 145 | 2.56 (1.80%) |
| Sep 26, 2025 | 125 | -17.44 (-12.24%) |
| Oct 17, 2025 | 145 | 2.56 (1.80%) |
| Jan 16, 2026 | 180 | 37.56 (26.37%) |
| Mar 20, 2026 | 150 | 7.56 (5.31%) |
| Apr 17, 2026 | 85 | -57.44 (-40.33%) |
| Jun 18, 2026 | 155 | 12.56 (8.82%) |
| Dec 18, 2026 | 170 | 27.56 (19.35%) |
| Jan 15, 2027 | 150 | 7.56 (5.31%) |