BJ's Restaurants Inc. (BJRI)

BJRI trades at $31.52, 3.0% below the near-term max pain of $32.5 expiring Oct 17, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($25-$37.5), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BJRI shows an upward trend from 25 to 37.5, suggesting bullish positioning in longer-dated options. The 41% spread signals divergent expectations across timeframes. Levels distributed around 31.52. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.