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REDDIT

Why are there no options available to buy/sell for Allbirds ($BIRD) stock?

T
Apr 20, 2026 · 16:45

As we're all aware at this point, AllBirds has decided to pivot from a shoe company to an AI hardware company ([news](https://www.bloomberg.com/news/newsletters/2026-04-20/allbirds-pivot-to-ai-stirs-memory-of-dot-com-boom-and-bust))

This has been described as a hail mary of a market move. Hail Mary implies risk, and option traders would love to be on either end of it if the pricing is right

*However*, AllBirds stock does not appear to have options ...[at all](https://finance.yahoo.com/quote/BIRD/options/)?

How is that possible? Is nobody writing options or is there some kind of rule against it I'm missing? How can a publicly traded equity not have options being sold around it?

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