Birkenstock Holding (BIRK)
Birkenstock Max Pain By Strike
BIRK trades at $50.64, pinned near the near-term max pain of $50 expiring Sep 19, 2025 (31 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($35-$340), signaling increased put positioning or downside protection. Key magnetic zone at 50 where 4 expirations converge.
Birkenstock Max Pain By Expiry
Max pain for BIRK shows a downward trend from 340 to 35, indicating bearish sentiment or hedging activity. The 318% spread signals divergent expectations across timeframes. Most levels below 50.64 may cap rallies. Strong magnetic level at 50 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 50 | -0.64 (-1.26%) |
| Oct 17, 2025 | 50 | -0.64 (-1.26%) |
| Jan 16, 2026 | 50 | -0.64 (-1.26%) |
| Apr 17, 2026 | 35 | -15.64 (-30.88%) |
| Dec 18, 2026 | 340 | 289.36 (571.41%) |
| Jan 15, 2027 | 50 | -0.64 (-1.26%) |