Alkermes (ALKS)
Alkermes Max Pain By Strike
ALKS trades at $28.84, 3.0% above the near-term max pain of $28 expiring Sep 19, 2025 (30 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($26-$97.5), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Alkermes Max Pain By Expiry
Max pain for ALKS shows a downward trend from 97.5 to 26, indicating bearish sentiment or hedging activity. The 171% spread signals divergent expectations across timeframes. Levels distributed around 28.84. 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 | 28 | -0.84 (-2.91%) |
| Oct 17, 2025 | 27 | -1.84 (-6.38%) |
| Nov 21, 2025 | 30 | 1.16 (4.02%) |
| Jan 16, 2026 | 97.5 | 68.66 (238.07%) |
| Feb 20, 2026 | 26 | -2.84 (-9.85%) |