Alerus Financial Corporat... (ALRS)
Alerus Financial Max Pain By Strike
ALRS trades at $21.55, 4.2% below the near-term max pain of $22.5 expiring Sep 19, 2025 (34 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($12.5-$25), reflecting growing call interest at higher strikes. Key magnetic zone at 23 where 2 expirations converge.
Alerus Financial Max Pain By Expiry
Max pain for ALRS shows an upward trend from 12.5 to 25, suggesting bullish positioning in longer-dated options. The 61% spread signals divergent expectations across timeframes. Most levels above 21.55 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 | 22.5 | 0.95 (4.41%) |
| Oct 17, 2025 | 22.5 | 0.95 (4.41%) |
| Jan 16, 2026 | 25 | 3.45 (16.01%) |
| Apr 17, 2026 | 12.5 | -9.05 (-42.00%) |