Alerus Financial Corporat... (ALRS)
Alerus Financial Max Pain By Strike
ALRS trades at $22.62, pinned near the near-term max pain of $22.5 expiring Oct 17, 2025 (18 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($12.5-$25), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 2 expirations converge.
Alerus Financial Max Pain By Expiry
Max pain for ALRS shows a downward trend from 25 to 12.5, indicating bearish sentiment or hedging activity. The 61% spread signals divergent expectations across timeframes. Most levels below 22.62 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 | 22.5 | n/a (n/a) |
| Nov 21, 2025 | 12.5 | n/a (n/a) |
| Jan 16, 2026 | 25 | n/a (n/a) |
| Apr 17, 2026 | 22.5 | n/a (n/a) |