Information Technology

Astera Labs, Inc. (ALAB) options and signal

Figures as of 28 Sep 2026

ALAB is Astera Labs, Inc., an Information Technology name the model ranks every trading day. The options figures are from the close on 28 Sep 2026. The model's figures are from 25 Sep 2026, one trading day behind the latest, as the Free plan shows them. Every model figure is paper trading.

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At a glance

FigureValueDate
IV rank79 of 10028 Sep
At the money IV84.0%28 Sep
Priced move to 30 Oct24.2% down, 25.3% up28 Sep
Call wall and put wall400 and 33028 Sep
Signal and the desk's viewNo signal, view bullish25 Sep
Last close351.3128 Sep
Next report3 Nov 202628 Sep

Options Snapshot

ALAB's IV rank is 79 of 100 on 28 Sep 2026.

FigureValue
IV rank79 of 100
At the money IV84.0%, near month, 32 days
Put/call ratio, open interest0.59
Call open interest, strikes captured near the price64,000 contracts
Put open interest, strikes captured near the price38,000 contracts
Cost to trade at the moneyFair, 18.6% of the option's mid price

IV rank is where the at the money IV sits among ALAB's own weekly readings, 0 the lowest and 100 the highest.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Priced Range

On 28 Sep 2026, ALAB options priced a move of 24.2 percent down and 25.3 percent up by 30 Oct 2026.

ExpiryDaysDownUpRange
2 Oct 202649.3%9.8%318.51 to 385.81
9 Oct 20261115.0%16.0%298.71 to 407.41
23 Oct 20262521.2%22.4%276.91 to 430.01
30 Oct 20263224.2%25.3%266.21 to 440.11
20 Nov 20265333.6%34.2%233.31 to 471.31
18 Dec 20268138.1%40.1%217.31 to 492.31
19 Mar 202717254.1%58.9%161.31 to 558.31

The range is one standard deviation either side of the close of 351.31, as the option prices imply it.

A priced move restates option prices at the close and says nothing certain about where the price goes.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Gamma Map

On 28 Sep 2026, ALAB's call wall is the 400 strike and its put wall is the 330 strike.

FigureValue
Call wall, most open call gamma400
Put wall, most open put gamma330
Net dollar gamma, calls minus puts$14.07 million
Total dollar gamma, both sides$42.26 million
Close351.31

Dollar gamma is stated for a one percent move in the price.

Net is calls minus puts under the standard convention, not a record of who holds the contracts.

Net gamma changes sign at 11 strikes, so no single flip strike is named.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility History

On 28 Sep 2026, ALAB's at the money IV is 84.0 percent against 20 day realized volatility of 96.7 percent.

FigureValue
At the money IV84.0%
Realized volatility, 20 trading days96.7%
Realized volatility, 60 trading days99.9%
IV against its own weekly recordIn the middle
Weekly readings on record105, from 12 Apr 2024
Weeks the price moved more than the one week priced move28.8% of 104 weeks

Realized volatility is worked out from the daily closes the desk holds, not from the option chain.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility Weather

On 28 Sep 2026, ALAB's at the money IV runs from 90.9 percent at 4 days to 82.6 percent at 172 days.

Days to expiryAt the money IV
490.9%
1187.0%
1884.0%
2583.1%
3988.1%
5389.1%
8184.0%
17282.6%

Near expiries price more volatility than far ones, an inverted term structure.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility Smile

On 28 Sep 2026, at the 32 day expiry, ALAB's IV ten percent below the price sits 1.3 points below at the money IV.

Strike areaImplied volatilityAgainst at the money
10% below the price82.7%-1.3 points
At the money84.0%0.0 points
10% above the price84.1%+0.0 points

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility Surface

On 28 Sep 2026, ALAB's surface spans 10 expiries out to 172 days, with IV from 81.0 to 91.1 percent near the price.

FigureValue
Expiries captured10
Nearest expiry2 Oct 2026, 4 days
Farthest expiry19 Mar 2027, 172 days
Points within 10% of the price, 7 days out or more117
Lowest IV among them81.0%
Highest IV among them91.1%

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Expiry Ladder

On 28 Sep 2026, ALAB has 10 captured expiries, from 2 Oct 2026 to 19 Mar 2027.

ExpiryDaysAt the money IVCall open interestPut open interest
2 Oct 2026490.9%10,2484,600
9 Oct 20261187.0%2,2881,016
16 Oct 20261884.0%8,8814,919
23 Oct 20262583.1%1,1581,040
30 Oct 20263284.0%1,0691,662
6 Nov 20263988.1%5845
20 Nov 20265389.1%8,2326,950
18 Dec 20268184.0%10,2137,818
15 Jan 202710981.5%17,5406,606
19 Mar 202717282.6%4,3283,383

Open interest is summed over the strikes captured near the price on each expiry.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Strike Table

On 28 Sep 2026, ALAB's largest open interest sits at the 300 strike, with 5,456 contracts across the captured expiries.

StrikeCall open interestPut open interestTotal
3003,1642,2925,456
4004,8941435,037
3503,6101,0894,699
2801,9032,5624,465
3302,3411,8864,227
2901,4382,3813,819

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Since Yesterday

From 25 Sep 2026 to 28 Sep 2026, ALAB's at the money IV moved from 76.4 percent to 84.0 percent.

Figure25 Sep28 SepChange
At the money IV76.4%84.0%+7.6 points
Open interest, strikes captured near the price104,179102,054-2,125
Put/call ratio, open interest0.550.59+0.05

Open interest changes cannot identify buyers or sellers.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Changed Hands

On 28 Sep 2026, 37,639 ALAB option contracts traded, 1.0 times its own recent average.

FigureValue
Calls traded19,640
Puts traded17,999
Against its recent average1.0 times
Busier than18 of its last 20 trading days
Open interest, whole chain201,256 contracts
Volume to open interest0.19
Unusual volume flagYes, 3 contracts traded well above open interest
Largest flagged contractThe 330 put expiring 16 Oct, 1,767 traded against 194 open

Traded volume and open interest are shown side by side and never combined. Open interest changes cannot identify buyers or sellers.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Positioning Replay

The replay holds 33 trading days of ALAB's option positioning, from 11 Aug 2026 to 28 Sep 2026.

DateCloseNet dollar gammaTop call strikeTop put strike
11 Aug 2026311.99$4.41 million350300
21 Sep 2026340.74$11.35 million350300
28 Sep 2026351.31$14.07 million400330

Each frame restates one nightly capture. Net is calls minus puts, a convention, not who holds the contracts.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Read-out

On 25 Sep 2026 the desk's view of ALAB was bullish, paper trading.

FigureValue
SideBullish at 45 trading days, no signal
Level above the close369.15, the swing high of 22 Sep 2026
Level below the close321.65, the swing low of 4 Sep 2026, a close past it runs against the view
The chartSits with the view
Strategy familyCash-secured put (sell a put below the price)
Price targetNone. The desk has no price model.

The levels are prices the shares turned at on the chart, with the date of each.

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

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Rank by Timeframe

On 25 Sep 2026 ALAB sat at the 76th percentile of the model's 45 trading day ranking, paper trading.

TimeframePercentileSide
10 trading days26 of 100Neutral
20 trading days77 of 100Neutral
45 trading days76 of 100Neutral

100 is the top of the ranking. A name in the middle three fifths is neutral.

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

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Timeframe Agreement

On 25 Sep 2026 ALAB's near timeframes were neutral and its long timeframe was neutral, paper trading.

GroupTimeframesSideOn that side
Near10 day, 20 dayNeutral0 of 2
Long45 dayNeutral0 of 1

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

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Signal History

On 25 Sep 2026 ALAB had carried no signal for 3 trading days, paper trading.

Trading daySignal45 day percentile
25 Sep 2026None76 of 100
24 Sep 2026None74 of 100
23 Sep 2026None6 of 100
22 Sep 2026Bearish4 of 100
21 Sep 2026None59 of 100
18 Sep 2026None75 of 100
17 Sep 2026None46 of 100
16 Sep 2026None27 of 100

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

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Sector Split

On 25 Sep 2026, 80 of 187 Information Technology names were bullish and 61 were bearish, paper trading.

SectorNamesBullishBearishNeutral
Information Technology187806146

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

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Price Chart

ALAB closed at 351.31 on 28 Sep 2026.

FigureValue
Last close351.31
Change over 5 trading days+3.1%
Change over 21 trading days+15.5%
Change over 63 trading days-23.0%
Change over 252 trading days+75.1%
52 week high499.48
52 week low97.89
20 day moving average306.30
50 day moving average305.98
200 day moving average237.13
RSI, 14 days60

Worked out from the desk's own daily bars, adjusted for share splits.

From the daily bars through 28 Sep 2026. Current on every plan.

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Earnings Radar

ALAB reports next on 3 Nov 2026, a date worked out from past quarters.

FigureValue
Next report3 Nov 2026, after the close
DateWorked out from past quarters
Move after the report of 4 Aug 2026-12.0%
Move after the report of 5 May 2026-0.8%
Move after the report of 10 Feb 2026-21.4%
Move after the report of 4 Nov 2025+1.5%

Earnings calendar as of 28 Sep 2026. Current on every plan.

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Seasonality

In the 2 Septembers on record, ALAB's average change was plus 14.6 percent, and it rose in 100.0 percent of them.

MonthAverage changeMiddle changeShare of years upYears
September+14.6%+14.6%100.0%2
October+14.6%+14.6%50.0%2
November+15.8%+15.8%50.0%2

Each figure is a month end to month end change in past years. A past month says nothing certain about the next one.

Monthly history through 28 Sep 2026. Current on every plan.

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Questions

What is ALAB's IV rank?
ALAB's IV rank is 79 of 100 on 28 Sep 2026.
What move are ALAB options pricing?
On 28 Sep 2026, ALAB options priced a move of 24.2 percent down and 25.3 percent up by 30 Oct 2026.
Where are ALAB's call wall and put wall?
On 28 Sep 2026, ALAB's call wall is the 400 strike and its put wall is the 330 strike.
What was the desk's latest view of ALAB on the Free plan?
On 25 Sep 2026 the desk's view of ALAB was bullish, paper trading.
When does ALAB report earnings next?
ALAB reports next on 3 Nov 2026, a date worked out from past quarters.

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