Birkenstock Holding (BIRK)
Birkenstock Max Pain By Strike
BIRK trades at $46.25, 7.5% below the near-term max pain of $50 expiring Sep 19, 2025 (6 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($47.5-$340), signaling increased put positioning or downside protection. Key magnetic zone at 50 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Birkenstock Max Pain By Expiry
Max pain for BIRK shows a downward trend from 340 to 47.5, indicating bearish sentiment or hedging activity. The 297% spread signals divergent expectations across timeframes. Most levels above 46.25 could support dips. Strong magnetic level at 50 (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 | 50 | 3.75 (8.11%) |
| Oct 17, 2025 | 47.5 | 1.25 (2.70%) |
| Jan 16, 2026 | 50 | 3.75 (8.11%) |
| Apr 17, 2026 | 52.5 | 6.25 (13.51%) |
| Dec 18, 2026 | 340 | 293.75 (635.14%) |
| Jan 15, 2027 | 50 | 3.75 (8.11%) |