What is ALAB max pain this week?

ALAB max pain for the nearest expiration (2026-05-22) is $220.00. Total call open interest: 12,898. Total put open interest: 17,547.

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 $287.48EOD only

Max Pain

$220.00

Next expiry May 22, 2026

Expected Move

±$12.00

4.2% from close

Price Gap

-67.48

Distance to max pain

IV Rank

Middle-high premium

P/C OI

0.89

Slightly call-heavy

Consensus

4/4

Partial coverage

Published snapshot: May 20, 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 20, 2026 close

Max Pain — ALAB

Data as of market close May 20, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-05-22 shows max pain at $220.00 (67.48 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

±$12.00

±4.2%

Days to Expiry

Calendar days

Total Call OI

12,898

Nearest expiry

Total Put OI

17,547

Nearest expiry

P/C OI Ratio

1.36

Put-heavy

Spot Price

$287.48

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	5/20/2026, 11:02:38 PM
2026-05-29	$210.00	5/20/2026, 11:02:38 PM
2026-06-05	$195.00	5/20/2026, 11:02:38 PM
2026-06-12	$200.00	5/20/2026, 11:02:38 PM
2026-06-18	$180.00	5/20/2026, 11:02:38 PM
2026-06-26	$195.00	5/20/2026, 11:02:38 PM
2026-07-17	$175.00	5/20/2026, 11:02:38 PM
2026-08-21	$155.00	5/20/2026, 11:02:38 PM
2026-09-18	$155.00	5/20/2026, 11:02:38 PM
2026-10-16	$155.00	5/20/2026, 11:02:38 PM
2026-11-20	$120.00	5/20/2026, 11:02:38 PM
2026-12-18	$170.00	5/20/2026, 11:02:38 PM
2027-01-15	$125.00	5/20/2026, 11:02:38 PM
2027-03-19	$240.00	5/20/2026, 11:02:38 PM
2027-04-16	$185.00	5/20/2026, 11:02:38 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	196147500	196147500
65	0	187511500	187511500
70	500	179129000	179129500
75	1000	170926000	170927000
80	2000	162967000	162969000
85	3000	155245000	155248000
90	5000	148096500	148101500
94	6600	142400500	142407100
95	7200	140990700	140997900
96	8100	139589400	139597500
97	9000	138195500	138204500
98	10000	136803700	136813700
99	11000	135412000	135423000
100	12100	134020600	134032700
101	13300	132633600	132646900
102	14500	131247000	131261500
103	15800	129861900	129877700
104	17200	128477000	128494200
105	18600	127096400	127115000
106	20200	125716200	125736400

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.