Algoma Steel Group Inc. (ASTL)
Algoma Steel Max Pain By Strike
ASTL trades at $4.87, 2.6% below the near-term max pain of $5 expiring Sep 19, 2025 (20 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($4-$5), reflecting growing call interest at higher strikes. Key magnetic zone at 5 where 4 expirations converge.
Algoma Steel Max Pain By Expiry
Max pain for ASTL shows an upward trend from 4 to 5, suggesting bullish positioning in longer-dated options. The 21% spread signals divergent expectations across timeframes. Most levels above 4.87 could support dips. Strong magnetic level at 5 (4 expirations). 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 | 5 | 0.13 (2.67%) |
| Oct 17, 2025 | 5 | 0.13 (2.67%) |
| Nov 21, 2025 | 5 | 0.13 (2.67%) |
| Jan 16, 2026 | 5 | 0.13 (2.67%) |
| Feb 20, 2026 | 4 | -0.87 (-17.86%) |