Braze Inc. (BRZE)
Braze Max Pain By Strike
BRZE trades at $26.55, 6.2% above the near-term max pain of $25 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($25-$45), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Braze Max Pain By Expiry
Max pain for BRZE shows a downward trend from 45 to 25, indicating bearish sentiment or hedging activity. The 67% spread signals divergent expectations across timeframes. Levels distributed around 26.55. Strong magnetic level at 25 (3 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 | 25 | -1.55 (-5.86%) |
| Oct 17, 2025 | 30 | 3.45 (12.97%) |
| Nov 21, 2025 | 30 | 3.45 (12.97%) |
| Jan 16, 2026 | 45 | 18.45 (69.46%) |
| Feb 20, 2026 | 25 | -1.55 (-5.86%) |
| Dec 18, 2026 | 25 | -1.55 (-5.86%) |