Surgery Partners Inc. (SGRY)
Surgery Partners Max Pain By Strike
SGRY trades at $21.85, 2.9% below the near-term max pain of $22.5 expiring Sep 19, 2025 (6 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($22.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Surgery Partners Max Pain By Expiry
Max pain for SGRY shows a downward trend from 95 to 22.5, indicating bearish sentiment or hedging activity. The 186% spread signals divergent expectations across timeframes. Most levels above 21.85 could support dips. 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 | 22.5 | 0.65 (2.97%) |
| Oct 17, 2025 | 22.5 | 0.65 (2.97%) |
| Dec 19, 2025 | 25 | 3.15 (14.42%) |
| Jan 16, 2026 | 95 | 73.15 (334.78%) |
| Mar 20, 2026 | 30 | 8.15 (37.30%) |