Birkenstock Holding (BIRK)
Birkenstock Max Pain By Strike
BIRK trades at $48.42, pinned near the near-term max pain of $47.5 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($25-$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 25, indicating bearish sentiment or hedging activity. The 360% spread signals divergent expectations across timeframes. Most levels above 48.42 could support dips. 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 |
|---|---|---|
| Aug 15, 2025 | 47.5 | -0.92 (-1.90%) |
| Sep 19, 2025 | 50 | 1.58 (3.26%) |
| Oct 17, 2025 | 50 | 1.58 (3.26%) |
| Jan 16, 2026 | 50 | 1.58 (3.26%) |
| Apr 17, 2026 | 25 | -23.42 (-48.37%) |
| Dec 18, 2026 | 340 | 291.58 (602.19%) |
| Jan 15, 2027 | 50 | 1.58 (3.26%) |