thetaOwl

ALAB

Astera Labs, Inc.Close $289.02EOD only
Max Pain
$280.00
Next expiry Aug 21, 2026
Expected Move
±$15.80
5.5% from close
Price Gap
-9.02
Distance to max pain
IV Rank
43
Middle-high premium
P/C OI
0.82
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Aug 19, 2026 close
End-of-day snapshot

This page reflects ALAB options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Aug 19, 2026 close
Max Pain — ALAB
Data as of market close Aug 19, 2026

Nearest listed expiration 2026-08-21 shows max pain at $280.00 (9.02 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$280.00
Nearest expiry
Expected Move
±$15.80
±5.5%
Days to Expiry
2
Calendar days
Total Call OI
36,047
Nearest expiry
Total Put OI
25,025
Nearest expiry
P/C OI Ratio
0.69
Put-heavy
Spot Price
$289.02
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-08-07$320.008/7/2026, 11:02:56 PM
2026-08-14$315.008/14/2026, 11:03:27 PM
2026-08-21NextUpdated$280.008/19/2026, 11:02:43 PM
2026-08-28$322.508/19/2026, 11:02:43 PM
2026-09-04$310.008/19/2026, 11:02:43 PM
2026-09-11$315.008/19/2026, 11:02:43 PM
2026-09-18$260.008/19/2026, 11:02:43 PM
2026-09-25$310.008/19/2026, 11:02:43 PM
2026-10-02$300.008/19/2026, 11:02:43 PM
2026-10-16$240.008/19/2026, 11:02:43 PM
2026-11-20$190.008/19/2026, 11:02:43 PM
2026-12-18$240.008/19/2026, 11:02:43 PM
2027-01-15$150.008/19/2026, 11:02:43 PM
2027-03-19$280.008/19/2026, 11:02:43 PM
2027-04-16$270.008/19/2026, 11:02:43 PM
2027-06-17$320.008/19/2026, 11:02:43 PM
Selected expiration: 2026-08-21 at max pain $280.00.
ALAB pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
47.50430784000430784000
501500424556000424557500
558000412113500412121500
6020000399680000399700000
6536000387276500387312500
7063000374903000374966000
7592500362546500362639000
80122000350211500350333500
82.5141000344046750344187750
85161000337887250338048250
87.5198500331745000331943500
90236000325605500325841500
92.5311750319484750319796500
95414500313386500313801000
97.5530000307297750307827750
100708750301219250301928000
1051145750289110250290256000
1101597250277024750278622000
1152061750265051750267113500
1202552250253170250255722500
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures

Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.

How traders use it

It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.

What can break it

Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.

The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.