Alkermes (ALKS)
Alkermes Max Pain By Strike
ALKS trades at $28.92, 3.3% above the near-term max pain of $28 expiring Sep 19, 2025 (14 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($28-$97.5), signaling increased put positioning or downside protection. Key magnetic zone at 28 where 2 expirations converge.
Alkermes Max Pain By Expiry
Max pain for ALKS shows a downward trend from 97.5 to 28, indicating bearish sentiment or hedging activity. The 162% spread signals divergent expectations across timeframes. Levels distributed around 28.92. 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 | 28 | -0.92 (-3.18%) |
| Oct 17, 2025 | 31 | 2.08 (7.19%) |
| Nov 21, 2025 | 30 | 1.08 (3.73%) |
| Jan 16, 2026 | 97.5 | 68.58 (237.14%) |
| Feb 20, 2026 | 28 | -0.92 (-3.18%) |