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Alerus Financial Corporation Common Stock ALRS

FINANCIAL SERVICES · BANKS - REGIONAL
i

Market dataready · fetched 2026-11-11T14:51:02.612Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2027-01-15

Calculation methodology

Options historyIV: ThetaData historical Greeks, equal-weight mean of call/put 50-delta IV across the next four listed Friday-cycle expirations, including holiday shifts verified against ThetaData’s market calendar. Missing inputs leave gaps. Skew: equal-weight mean of put minus call IV across those four expirations. IV-implied move history: mean of each expiration’s average call/put IV multiplied by the square root of remaining calendar days divided by 365.25; percentage of spot, not a quoted straddle premium.

History data

PriceAlpaca · sip · 2026-11-11T14:45:45.168556584Z

FundamentalsAlpha Vantage · ready · quarter 2026-09-30 · fetched 2026-11-11T14:51:01.565652+00:00

Share price$34.41
1D-1.5%
$34.37$34.52$34.67$34.82$34.975:30 AM6:30 AM9:00 AM1:00 PMALRS
Sold putSold call

Alerus Financial Corporation Common Stock options

Live interpolated ALRS call and put midpoint premiums by absolute delta.Alerus Financial Corporation Common Stock$0.50$1.76$3.02$4.28$5.54$28.36$31.52$34.68$37.84$41.0120Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive ALRS spot · $34.41ALRS PRICE$0.64$0.99$1.33$1.68$2.03$2.37$2.72$3.07$3.42$3.76$4.11$4.46$4.81$0.83$1.19$1.55$1.92$2.28$2.64$3.00$3.36$3.73$4.09$4.45$4.81$5.17
PutsCheap0.94×
CallsCheap0.93×
SkewBullish-3.37 pp
Implied moveBearish±$5.72
TiltBearish4.9% PUT
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ39.4432.3%16.5%30.9632.1%12.4%
25Δ38.7132.6%15.4%31.6431.9%11.5%
30Δ37.9733.0%14.2%32.3331.7%10.6%
35Δ37.2433.3%13.1%33.0231.6%9.6%
40Δ36.5033.7%12.0%33.7031.4%8.7%
45Δ35.7734.1%10.8%34.3931.2%7.7%
50Δ35.0334.4%9.7%35.0731.1%6.8%
55Δ34.3034.8%8.6%35.7630.9%5.9%
60Δ33.5635.2%7.5%36.4530.7%4.9%
65Δ32.8335.5%6.3%37.1330.5%4.0%
70Δ32.0935.9%5.2%37.8230.4%3.0%
75Δ31.3636.2%4.1%38.5030.2%2.1%
80Δ30.6236.6%3.0%39.1930.0%1.1%

20Δ

Calls
Pseudo strike
39.44
IV
32.3%
B/E move
16.5%
Puts
Pseudo strike
30.96
IV
32.1%
B/E move
12.4%

25Δ

Calls
Pseudo strike
38.71
IV
32.6%
B/E move
15.4%
Puts
Pseudo strike
31.64
IV
31.9%
B/E move
11.5%

30Δ

Calls
Pseudo strike
37.97
IV
33.0%
B/E move
14.2%
Puts
Pseudo strike
32.33
IV
31.7%
B/E move
10.6%

35Δ

Calls
Pseudo strike
37.24
IV
33.3%
B/E move
13.1%
Puts
Pseudo strike
33.02
IV
31.6%
B/E move
9.6%

40Δ

Calls
Pseudo strike
36.50
IV
33.7%
B/E move
12.0%
Puts
Pseudo strike
33.70
IV
31.4%
B/E move
8.7%

45Δ

Calls
Pseudo strike
35.77
IV
34.1%
B/E move
10.8%
Puts
Pseudo strike
34.39
IV
31.2%
B/E move
7.7%

50Δ

Calls
Pseudo strike
35.03
IV
34.4%
B/E move
9.7%
Puts
Pseudo strike
35.07
IV
31.1%
B/E move
6.8%

55Δ

Calls
Pseudo strike
34.30
IV
34.8%
B/E move
8.6%
Puts
Pseudo strike
35.76
IV
30.9%
B/E move
5.9%

60Δ

Calls
Pseudo strike
33.56
IV
35.2%
B/E move
7.5%
Puts
Pseudo strike
36.45
IV
30.7%
B/E move
4.9%

65Δ

Calls
Pseudo strike
32.83
IV
35.5%
B/E move
6.3%
Puts
Pseudo strike
37.13
IV
30.5%
B/E move
4.0%

70Δ

Calls
Pseudo strike
32.09
IV
35.9%
B/E move
5.2%
Puts
Pseudo strike
37.82
IV
30.4%
B/E move
3.0%

75Δ

Calls
Pseudo strike
31.36
IV
36.2%
B/E move
4.1%
Puts
Pseudo strike
38.50
IV
30.2%
B/E move
2.1%

80Δ

Calls
Pseudo strike
30.62
IV
36.6%
B/E move
3.0%
Puts
Pseudo strike
39.19
IV
30.0%
B/E move
1.1%

Options history

IV · four-Friday blend46.19%
Daily close
ALRS37.5%45.7%53.9%2026-10-16: 38.61%2026-10-19: 39.94%2026-10-21: 41.84%2026-10-22: 48.59%2026-10-23: 52.77%2026-10-30: 46.19%Oct 16Oct 21Oct 30
6 observations2026-10-16 — 2026-10-30
Table
DateIV (%)
38.61%
39.94%
41.84%
48.59%
52.77%
46.19%