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ALGN Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure

Analyze the complete ALGN options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around ALGN.

Latest Data: 2026-09-24 (EDT)
Max Pain Price
143
Exp: 2026-09-25
Gamma Flip
150.28
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.782
Shows put vs call positioning
IV Skew
-10.74
Put–call IV difference
Max Pain Price Volatility
σ = 17.14
high volatility
Confidence 53%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. Options Chian

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 80%

Current DPI is -0.087(bearish). Bearish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions are elevated, implying wider and less stable price swings. Price action is strongly influenced by existing options constraints. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-12-18 options expiry. 100% confidence

The support levels for ALGN are at 144.12, 142.30, and 135.17, while the resistance levels are at 147.13, 148.95, and 156.08. The pivot point, a key reference price for traders, is at 143.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 1)

Expiry 2026-09-25 (DTE 1): Pinning structure with suppressed volatility. Option flow bias is neutral (0.10), pin strength 0.70.


Based on the latest options positioning (DTE 1), the ATM straddle implies a standardized 0.00% 1-day move.


The expected range for the next 1 days is 0.00 — 0.00 , corresponding to +0.00% / -0.00% .

Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.


Bullish flow suggests upside interest toward 0.00 (0.00% above spot).

Bearish positioning points to downside pressure toward 0.00 (0.00% below spot).


Options flow strength: 0.00 (0–1 scale). ATM Strike: 146.00, Call: 0.00, Put: 3.52, Straddle Cost: 0.00.


Short-term moves may occur, but follow-through is uncertain. The short-term gamma flip is near 150.28 , with intermediate positioning around 150.28 . The mid-term gamma flip remains near 144.05.