Algoma Steel Group Inc. (ASTL) Options Chain

The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.

Algoma Steel Group Inc. (ASTL) operates in the Basic Materials sector, specifically the Steel industry, with a market capitalization near $524.7M, listed on NASDAQ, employing roughly 2,818 people, carrying a beta of 1.55 to the broader market. Algoma Steel Group Inc. Led by Rajat Marwah, public since 2021-03-04.

Snapshot as of May 15, 2026.

Spot Price
$5.26
Total OI
23.5K
Total Volume
1.0K
Front Expiration
34 days
Second Expiration
63 days
ATM IV
75.7%
Avg Bid/Ask Spread
53.63%

As of May 15, 2026, Algoma Steel Group Inc. (ASTL) has 23.5K open contracts and 1.0K contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 75.7%. Average bid/ask spread across the chain is 53.63%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.

How ASTL options chain Data Feeds Strategy Selection

Strategy selection on Algoma Steel Group Inc. options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 75.7% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how the options chain is reported and how to read the data →

Frequently asked ASTL options chain questions

What does the ASTL options chain show right now?
As of May 15, 2026, Algoma Steel Group Inc. (ASTL) has 23.5K contracts outstanding and 1.0K traded today, with ATM IV of 75.7%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for ASTL options?
The nearest expiration is 34 days out, followed by 63 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are ASTL options bid/ask spreads?
Average bid/ask spread across the chain is 53.63%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.