Alerus Financial (ALRS) Options Chain
NASDAQ: ALRSFinanceMajor BanksUSD
Market open · Delayed 15 min · as of Oct 9, 9:38 AM ET
Expiration date
- Expiration
- Oct 16, 2026
- Days to expiration
- 7
- Share price
- $31.58
- Put/call ratio (OI)
- 0.13
- Put/call ratio (volume)
- 0.32
- Expected move
- ±$3.24
- Open interest (C / P)
- 97 / 13
ALRS options summary
The ALRS options chain for the October 16, 2026 expiration lists 5 call and 4 put contracts, with 7 days until expiration. Open interest stands at 97 calls and 13 puts, a put/call ratio of 0.13, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $30.00 strike is 74.0%, which implies the market expects a move of about ±$3.24 (10.3%) in Alerus Financial stock by expiration.
The most open interest sits at the $30.00 call (71 contracts) and the $25.00 put (10 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
ALRS options chain · October 16, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 13.90 | 0.00 | 0.00 | 17.50 | — | — | — | |||||
| 11.40 | 0.00 | 0.00 | 20.00 | — | — | — | |||||
| — | — | — | 22.50 | 0.00 | 4.80 | 0.80 | |||||
| 5.25 | 6.00 | 10.00 | 25.00 | 0.00 | 0.95 | 0.68 | |||||
| 1.90 | 0.00 | 0.00 | 30.00 | 0.05 | 1.35 | 1.50 | |||||
| 0.26 | 0.00 | 0.00 | 35.00 | 0.00 | 0.00 | 2.60 | |||||
In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.
Frequently asked questions
What is the ALRS put/call ratio?
For the October 16, 2026 expiration, the ALRS put/call ratio based on open interest is 0.13 (13 puts vs 97 calls), and 0.32 based on today's volume. A ratio above 1 means more puts than calls.
What is ALRS's implied volatility?
At-the-money implied volatility for ALRS options expiring October 16, 2026 is about 74.0%, an annualized estimate of how much the market expects Alerus Financial stock to move.
How many ALRS option expiration dates are there?
ALRS has 4 listed expiration dates, from Oct 16, 2026 to Apr 16, 2027.
What does "in the money" mean?
A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.