Alerus Financial Corp

ALRSNASDAQ · USD
32.21USD+0.44 (+1.39%)
559

Alerus Financial Corp (ALRS) Expected Move

ALRS expected move through Oct 16, 2026 is 12.1%, with 21 days to expiration. The implied range is $28.37 to $36.05, based on the previous trading day's options prices.

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Tracking the ALRS expected move helps you see how far Alerus Financial Corp's options market is pricing the stock to travel over a given period — whether that's the next day, week, or earnings cycle. Alerus Financial Corp's expected move is derived directly from option premiums and gives you an objective range to plan trades, set strikes, and manage risk. Use our scanner to monitor the ALRS expected move for this week's options, in real time.

The expected move is typically calculated from at-the-money straddle prices (or a blend of straddles and strangles) and represents roughly a one-standard-deviation range over the chosen timeframe. For ALRS, comparing the implied expected move to actual realized moves over similar windows tells you whether the options market has historically overestimated or underestimated volatility. The ALRS expected move for this week's options pricing is especially useful for short-dated traders, earnings players, and anyone selling premium who needs to know where the market thinks Alerus Financial Corp is unlikely to go.

Alerus Financial Corporation, through its subsidiary, Alerus Financial, National Association, provides various financial services to businesses and consumers. The company operates in four segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. It offers various deposit products, including demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, checking accounts, and certificates of deposit; and treasury management products, including electronic receivables management, remote deposit capture, cash vault services, merchant services, and other cash management services.

The company also provides commercial loans, business term loans, lines of credit, and commercial real estate loans, as well as construction and land development loans; consumer lending products, including residential first mortgage loans; installment loans and lines of credit; and second mortgage loans. In addition, it offers retirement plan administration and investment advisory services, employee stock ownership plan, fiduciary services, payroll, health savings accounts, and other benefit services, as well as individual retirement accounts; and financial planning, investment management, personal and corporate trust, estate administration, and custody services. Further, the company provides debit and credit cards, online banking, mobile banking/wallet, payment, private banking, payroll accounts, flex spending accounts, administration, and government health insurance program services. It offers banking services through fourteen offices in North Dakota, Minnesota, and Arizona; and retirement and benefit plans in 50 states through offices located in Michigan, Minnesota, and Colorado. The company was formerly known as First National Bank North Dakota and changed its name to Alerus Financial Corporation in 2000. Alerus Financial Corporation was founded in 1879 and is headquartered in Grand Forks, North Dakota.

Iron condors, weekly premium sales, directional swing trades — they all live or die by where the market thinks the stock won't go. Our scanner tracks the ALRS expected move across every expiration, benchmarks it against realized moves, and shows you when implied ranges are out of line with history. The Alerus Financial Corp expected move for this week's options is the fastest read on short-term risk, which gives you a quick way to interpret what the options market thinks about ALRS.

ALRS Price

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ExpirationDTEExpected move (USD)Expected move (%)Upper priceLower price
Oct 16, 202621$3.8412.1%$36.05$28.37
Nov 20, 202656$5.1816.3%$37.39$27.04
Jan 15, 2027112$4.6314.6%$36.84$27.59
Apr 16, 2027203$7.4823.5%$39.69$24.74

As of September 23, 2026

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Track the ALRS expected move across every expiration, filter by IV rank and liquidity, and trade around the range the market is already pricing in.

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