Options

ALGM options

Figures as of 2 Oct 2026

The options figures are from the close on 2 Oct 2026.

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At a glance

FigureValueDate
IV rank64 of 1002 Oct
At the money IV58.7%2 Oct
Expected move, from option prices34.62 to 43.76 by 16 Oct (down 12.4%, up 10.7%)2 Oct
Call wall and put wall35 and 402 Oct
Last close39.532 Oct
Next report29 Oct 20262 Oct

Options Snapshot

ALGM's IV rank is 64 of 100 on 2 Oct 2026.

FigureValue
IV rank64 of 100
At the money IV58.7%, near month, 14 days
Put/call ratio, open interest0.35
Call open interest, strikes captured near the price15,200 contracts
Put open interest, strikes captured near the price5,260 contracts
Cost to trade at the moneyWide, 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.

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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.

ExpiryDaysDownUpRange
16 Oct 20261412.4%10.7%34.62 to 43.76
20 Nov 20264923.4%26.8%30.27 to 50.13
15 Jan 202710533.9%38.5%26.13 to 54.73
19 Feb 202714040.0%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.

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Gamma Map

On 2 Oct 2026, ALGM's call wall is the 35 strike and its put wall is the 40 strike.

FigureValue
Call wall, most open call gamma35
Put wall, most open put gamma40
Flip strike, where net gamma changes sign32.56
Net gamma exposure (GEX), calls minus puts$576,166
Total gamma exposure (GEX), both sides$1.02 million
Close39.53

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.

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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.

FigureValue
At the money IV58.7%
Realized volatility, 20 trading days40.5%
Realized volatility, 60 trading days59.2%
IV against its own weekly recordIn the middle
Weekly readings on record269, from 19 Feb 2021
Weeks the price moved more than the one week expected move27.8% 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 expiryAt the money IV
1458.7%
4967.1%
10566.5%
14067.5%

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.

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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 areaImplied volatilityAgainst at the money
10% below the price72.2%+5.1 points
At the money67.1%0.0 points
10% above the price69.9%+2.9 points

From the option chain at the close on 2 Oct 2026. Current on every plan.

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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.

FigureValue
Expiries captured4
Nearest expiry16 Oct 2026, 14 days
Farthest expiry19 Feb 2027, 140 days
Points within 10% of the price, 7 days out or more12
Lowest IV among them56.1%
Highest IV among them71.8%

From the option chain at the close on 2 Oct 2026. Current on every plan.

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Expiry Ladder

On 2 Oct 2026, ALGM has 4 captured expiries, from 16 Oct 2026 to 19 Feb 2027.

ExpiryDaysAt the money IVCall open interestPut open interest
16 Oct 20261458.7%3,403840
20 Nov 20264967.1%8,5951,839
15 Jan 202710566.5%2,2141,473
19 Feb 202714067.5%9401,109

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.

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Strike Table

On 2 Oct 2026, ALGM's largest open interest sits at the 35 strike, with 10,458 contracts across the captured expiries.

StrikeCall open interestPut open interestTotal
359,61584310,458
32.59311,2672,198
406981,1301,828
37.5636277913
45628280908
30175567742

From the option chain at the close on 2 Oct 2026. Current on every plan.

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Changed Hands

On 2 Oct 2026, 5,059 ALGM option contracts traded.

FigureValue
Calls traded4,415
Puts traded644
Open interest, whole chain21,909 contracts
Volume to open interest0.23
Unusual volume flagYes, 1 contract traded well above open interest
Largest flagged contractThe 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.

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Positioning Replay

The replay holds 3 trading days of ALGM's option positioning, from 11 Aug 2026 to 2 Oct 2026.

DateCloseNet dollar gammaTop call strikeTop put strike
11 Aug 202642.52minus $306,4195040
2 Oct 202639.53$576,1663540

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.

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Price Chart

ALGM closed at 36.38 on 1 Oct 2026.

FigureValue
Last close36.38
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 high71.77
52 week low22.41
20 day moving average35.38
50 day moving average38.71
200 day moving average40.21
RSI, 14 days48

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.

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Earnings Radar

ALGM reports next on 29 Oct 2026, a date confirmed by the company.

FigureValue
Next report29 Oct 2026, before open
DateConfirmed 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.

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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.

MonthAverage changeMiddle changeShare of years upYears
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.

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Headlines

The desk's news feeds carried 2 headlines naming ALGM in the 3 days to 2 Oct 2026.

FigureValue
Headlines in the window2
Latest2 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.

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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.

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