Options
ALGM options
Figures as of 2 Oct 2026
The options figures are from the close on 2 Oct 2026.
Membership gets tonight's signals the night they publish. Free gets every options screen, never delayed, and the signals one trading day behind.
At a glance
| Figure | Value | Date |
|---|---|---|
| IV rank | 64 of 100 | 2 Oct |
| At the money IV | 58.7% | 2 Oct |
| Expected move, from option prices | 34.62 to 43.76 by 16 Oct (down 12.4%, up 10.7%) | 2 Oct |
| Call wall and put wall | 35 and 40 | 2 Oct |
| Last close | 39.53 | 2 Oct |
| Next report | 29 Oct 2026 | 2 Oct |
Options Snapshot
ALGM's IV rank is 64 of 100 on 2 Oct 2026.
| Figure | Value |
|---|---|
| IV rank | 64 of 100 |
| At the money IV | 58.7%, near month, 14 days |
| Put/call ratio, open interest | 0.35 |
| Call open interest, strikes captured near the price | 15,200 contracts |
| Put open interest, strikes captured near the price | 5,260 contracts |
| Cost to trade at the money | Wide, 89.0% of the option's mid price |
IV rank is where the at the money IV sits among ALGM's own weekly readings, 0 the lowest and 100 the highest.
From the option chain at the close on 2 Oct 2026. Current on every plan.
Open Options Snapshot in RingMasterThe Options Snapshot guide
Expected Move
On 2 Oct 2026, the option prices for ALGM implied an expected move of 34.62 to 43.76 by 16 Oct 2026. That is 12.4 percent down and 10.7 percent up.
| Expiry | Days | Down | Up | Range |
|---|---|---|---|---|
| 16 Oct 2026 | 14 | 12.4% | 10.7% | 34.62 to 43.76 |
| 20 Nov 2026 | 49 | 23.4% | 26.8% | 30.27 to 50.13 |
| 15 Jan 2027 | 105 | 33.9% | 38.5% | 26.13 to 54.73 |
| 19 Feb 2027 | 140 | 40.0% | 44.5% | 23.73 to 57.13 |
The range is one standard deviation either side of the close of 39.53, as the option prices imply it.
An expected move restates option prices at the close and says nothing certain about where the price goes.
From the option chain at the close on 2 Oct 2026. Current on every plan.
Gamma Map
On 2 Oct 2026, ALGM's call wall is the 35 strike and its put wall is the 40 strike.
| Figure | Value |
|---|---|
| Call wall, most open call gamma | 35 |
| Put wall, most open put gamma | 40 |
| Flip strike, where net gamma changes sign | 32.56 |
| Net gamma exposure (GEX), calls minus puts | $576,166 |
| Total gamma exposure (GEX), both sides | $1.02 million |
| Close | 39.53 |
Gamma exposure (GEX) is dollar gamma, 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.
From the option chain at the close on 2 Oct 2026. Current on every plan.
Volatility History
On 2 Oct 2026, ALGM's at the money IV is 58.7 percent against 20 day realized volatility of 40.5 percent.
| Figure | Value |
|---|---|
| At the money IV | 58.7% |
| Realized volatility, 20 trading days | 40.5% |
| Realized volatility, 60 trading days | 59.2% |
| IV against its own weekly record | In the middle |
| Weekly readings on record | 269, from 19 Feb 2021 |
| Weeks the price moved more than the one week expected move | 27.8% of 234 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 2 Oct 2026. Current on every plan.
Open Volatility History in RingMasterThe Volatility History guide
Volatility Weather
On 2 Oct 2026, ALGM's at the money IV runs from 58.7 percent at 14 days to 67.5 percent at 140 days.
| Days to expiry | At the money IV |
|---|---|
| 14 | 58.7% |
| 49 | 67.1% |
| 105 | 66.5% |
| 140 | 67.5% |
Far expiries price more volatility than near ones, an upward sloping term structure.
From the option chain at the close on 2 Oct 2026. Current on every plan.
Open Volatility Weather in RingMasterThe Volatility Weather guide
Volatility Smile
On 2 Oct 2026, at the 49 day expiry, ALGM's IV ten percent below the price sits 5.1 points above at the money IV.
| Strike area | Implied volatility | Against at the money |
|---|---|---|
| 10% below the price | 72.2% | +5.1 points |
| At the money | 67.1% | 0.0 points |
| 10% above the price | 69.9% | +2.9 points |
From the option chain at the close on 2 Oct 2026. Current on every plan.
Open Volatility Smile in RingMasterThe Volatility Smile guide
Volatility Surface
On 2 Oct 2026, ALGM's surface spans 4 expiries out to 140 days, with IV from 56.1 to 71.8 percent near the price.
| Figure | Value |
|---|---|
| Expiries captured | 4 |
| Nearest expiry | 16 Oct 2026, 14 days |
| Farthest expiry | 19 Feb 2027, 140 days |
| Points within 10% of the price, 7 days out or more | 12 |
| Lowest IV among them | 56.1% |
| Highest IV among them | 71.8% |
From the option chain at the close on 2 Oct 2026. Current on every plan.
Open Volatility Surface in RingMasterThe Volatility Surface guide
Expiry Ladder
On 2 Oct 2026, ALGM has 4 captured expiries, from 16 Oct 2026 to 19 Feb 2027.
| Expiry | Days | At the money IV | Call open interest | Put open interest |
|---|---|---|---|---|
| 16 Oct 2026 | 14 | 58.7% | 3,403 | 840 |
| 20 Nov 2026 | 49 | 67.1% | 8,595 | 1,839 |
| 15 Jan 2027 | 105 | 66.5% | 2,214 | 1,473 |
| 19 Feb 2027 | 140 | 67.5% | 940 | 1,109 |
Open interest is summed over the strikes captured near the price on each expiry.
From the option chain at the close on 2 Oct 2026. Current on every plan.
Strike Table
On 2 Oct 2026, ALGM's largest open interest sits at the 35 strike, with 10,458 contracts across the captured expiries.
| Strike | Call open interest | Put open interest | Total |
|---|---|---|---|
| 35 | 9,615 | 843 | 10,458 |
| 32.5 | 931 | 1,267 | 2,198 |
| 40 | 698 | 1,130 | 1,828 |
| 37.5 | 636 | 277 | 913 |
| 45 | 628 | 280 | 908 |
| 30 | 175 | 567 | 742 |
From the option chain at the close on 2 Oct 2026. Current on every plan.
Changed Hands
On 2 Oct 2026, 5,059 ALGM option contracts traded.
| Figure | Value |
|---|---|
| Calls traded | 4,415 |
| Puts traded | 644 |
| Open interest, whole chain | 21,909 contracts |
| Volume to open interest | 0.23 |
| Unusual volume flag | Yes, 1 contract traded well above open interest |
| Largest flagged contract | The 40 call expiring 16 Oct, 1,572 traded against 264 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 2 Oct 2026. Current on every plan.
Positioning Replay
The replay holds 3 trading days of ALGM's option positioning, from 11 Aug 2026 to 2 Oct 2026.
| Date | Close | Net dollar gamma | Top call strike | Top put strike |
|---|---|---|---|---|
| 11 Aug 2026 | 42.52 | minus $306,419 | 50 | 40 |
| 2 Oct 2026 | 39.53 | $576,166 | 35 | 40 |
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 2 Oct 2026. Current on every plan.
Open Positioning Replay in RingMasterThe Positioning Replay guide
Price Chart
ALGM closed at 36.38 on 1 Oct 2026.
| Figure | Value |
|---|---|
| Last close | 36.38 |
| Change over 5 trading days | +3.6% |
| Change over 21 trading days | +2.6% |
| Change over 63 trading days | -34.4% |
| Change over 252 trading days | +24.6% |
| 52 week high | 71.77 |
| 52 week low | 22.41 |
| 20 day moving average | 35.38 |
| 50 day moving average | 38.71 |
| 200 day moving average | 40.21 |
| RSI, 14 days | 48 |
Worked out from the desk's own daily bars, adjusted for share splits.
The desk's own daily bars run to 1 Oct 2026. The options figures on this page are from the close on 2 Oct 2026.
From the daily bars through 1 Oct 2026. Current on every plan.
Earnings Radar
ALGM reports next on 29 Oct 2026, a date confirmed by the company.
| Figure | Value |
|---|---|
| Next report | 29 Oct 2026, before open |
| Date | Confirmed by the company |
| Move after the report of 30 Jul 2026 | -1.8% |
| Move after the report of 30 Apr 2026 | +1.0% |
| Move after the report of 29 Jan 2026 | +9.9% |
| Move after the report of 28 Oct 2025 | +0.3% |
Earnings calendar as of 2 Oct 2026. Current on every plan.
Seasonality
In the 5 Octobers on record, ALGM's average change was minus 1.2 percent, and it rose in 60.0 percent of them.
| Month | Average change | Middle change | Share of years up | Years |
|---|---|---|---|---|
| October | -1.2% | +2.5% | 60.0% | 5 |
| November | +2.9% | +4.3% | 60.0% | 5 |
| December | +5.7% | +5.9% | 66.7% | 6 |
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 2 Oct 2026. Current on every plan.
Headlines
The desk's news feeds carried 2 headlines naming ALGM in the 3 days to 2 Oct 2026.
| Figure | Value |
|---|---|
| Headlines in the window | 2 |
| Latest | 2 Oct 2026 |
The titles are in the Headlines window, with the time each was published.
Headlines as of 2 Oct 2026. Current on every plan.
Questions
- What is ALGM's IV rank?
- ALGM's IV rank is 64 of 100 on 2 Oct 2026. IV rank is where the at the money IV sits among ALGM's own weekly readings, 0 the lowest and 100 the highest.
- What is ALGM's expected move?
- On 2 Oct 2026, the option prices for ALGM implied an expected move of 34.62 to 43.76 by 16 Oct 2026. That is 12.4 percent down and 10.7 percent up.
- Where are ALGM's call wall and put wall?
- On 2 Oct 2026, ALGM's call wall is the 35 strike and its put wall is the 40 strike.
- When does ALGM report earnings next?
- ALGM reports next on 29 Oct 2026, a date confirmed by the company.
Ask an AI about ALGM
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Example prompt: “What is ALGM's IV rank, what move are its options pricing, and where are its call wall and put wall?”
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