BJ's Restaurants Inc. (BJRI)
BJ's Restaurants Max Pain By Strike
BJRI trades at $35.1, pinned near the near-term max pain of $35 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($17.5-$40), signaling increased put positioning or downside protection. Key magnetic zone at 35 where 5 expirations converge.
BJ's Restaurants Max Pain By Expiry
Max pain for BJRI shows a downward trend from 40 to 17.5, indicating bearish sentiment or hedging activity. The 68% spread signals divergent expectations across timeframes. Most levels below 35.1 may cap rallies. Strong magnetic level at 35 (5 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 | 35 | -0.10 (-0.30%) |
| Sep 19, 2025 | 35 | -0.10 (-0.30%) |
| Oct 17, 2025 | 35 | -0.10 (-0.30%) |
| Nov 21, 2025 | 40 | 4.90 (13.94%) |
| Dec 19, 2025 | 35 | -0.10 (-0.30%) |
| Jan 16, 2026 | 35 | -0.10 (-0.30%) |
| Apr 17, 2026 | 17.5 | -17.60 (-50.15%) |