Allegiant Travel (ALGT)
Allegiant Travel Max Pain By Strike
ALGT trades at $59.75, 8.6% above the near-term max pain of $55 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($25-$55), reflecting growing call interest at higher strikes. Key magnetic zone at 45 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Allegiant Travel Max Pain By Expiry
Max pain for ALGT shows an upward trend from 25 to 55, suggesting bullish positioning in longer-dated options. The 68% spread signals divergent expectations across timeframes. Most levels below 59.75 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 |
|---|---|---|
| Sep 19, 2025 | 55 | -4.75 (-7.95%) |
| Oct 17, 2025 | 45 | -14.75 (-24.69%) |
| Dec 19, 2025 | 45 | -14.75 (-24.69%) |
| Jan 16, 2026 | 50 | -9.75 (-16.32%) |
| Apr 17, 2026 | 25 | -34.75 (-58.16%) |