What is ALAB max pain this week?

ALAB max pain for the nearest expiration (2026-05-22) is $220.00. Total call open interest: 13,438. Total put open interest: 18,769.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options ALABMax Pain

ALAB

Astera Labs, Inc.Close $297.84EOD only

Max Pain

$220.00

Next expiry May 22, 2026

Expected Move

±$6.35

2.1% from close

Price Gap

-77.84

Distance to max pain

IV Rank

High premium

P/C OI

0.88

Slightly call-heavy

Consensus

4/4

Partial coverage

Published snapshot: May 21, 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

May 21, 2026 close

Max Pain — ALAB

Data as of market close May 21, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-05-22 shows max pain at $220.00 (77.84 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$220.00

Nearest expiry

Expected Move

±$6.35

±2.1%

Days to Expiry

Calendar days

Total Call OI

13,438

Nearest expiry

Total Put OI

18,769

Nearest expiry

P/C OI Ratio

1.40

Put-heavy

Spot Price

$297.84

Published close

Consensus

Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration

Selected: 2026-05-22

Expiration	Max Pain Strike	Last Updated
2026-05-08	$202.50	5/8/2026, 11:02:47 PM
2026-05-15	$175.00	5/15/2026, 11:02:45 PM
2026-05-22NextUpdated	$220.00	5/21/2026, 11:02:10 PM
2026-05-29	$220.00	5/21/2026, 11:02:10 PM
2026-06-05	$205.00	5/21/2026, 11:02:10 PM
2026-06-12	$210.00	5/21/2026, 11:02:10 PM
2026-06-18	$180.00	5/21/2026, 11:02:10 PM
2026-06-26	$202.50	5/21/2026, 11:02:10 PM
2026-07-17	$185.00	5/21/2026, 11:02:10 PM
2026-08-21	$155.00	5/21/2026, 11:02:10 PM
2026-09-18	$155.00	5/21/2026, 11:02:10 PM
2026-10-16	$155.00	5/21/2026, 11:02:10 PM
2026-11-20	$120.00	5/21/2026, 11:02:10 PM
2026-12-18	$175.00	5/21/2026, 11:02:10 PM
2027-01-15	$125.00	5/21/2026, 11:02:10 PM
2027-03-19	$240.00	5/21/2026, 11:02:10 PM
2027-04-16	$185.00	5/21/2026, 11:02:10 PM

Selected expiration: 2026-05-22 at max pain $220.00.

ALAB pain by strike for 2026-05-22 expiration
Strike	Call Pain	Put Pain	Total Pain
60	0	215582450	215582450
65	0	206335450	206335450
70	500	197341950	197342450
75	1000	188527950	188528950
80	2000	179957950	179959950
85	3000	171624950	171627950
90	5000	163865450	163870450
94	7000	157680650	157687650
95	7800	156148650	156156450
96	8900	154625250	154634150
97	10000	153109250	153119250
98	11200	151595350	151606550
99	12400	150081550	150093950
100	13800	148568050	148581850
101	15300	147058950	147074250
102	16800	145550250	145567050
103	18500	144043050	144061550
104	20300	142536150	142556450
105	22100	141033550	141055650
106	24100	139531450	139555550

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.