Surgery Partners Inc. (SGRY)
Surgery Partners Max Pain By Strike
SGRY trades at $22.78, 13.9% above the near-term max pain of $20 expiring Aug 15, 2025 (-1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($12.5-$95), signaling increased put positioning or downside protection. 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 12.5, indicating bearish sentiment or hedging activity. The 241% spread signals divergent expectations across timeframes. Levels distributed around 22.78. 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 | 20 | -2.78 (-12.20%) |
| Sep 19, 2025 | 22.5 | -0.28 (-1.23%) |
| Oct 17, 2025 | 12.5 | -10.28 (-45.13%) |
| Dec 19, 2025 | 25 | 2.22 (9.75%) |
| Jan 16, 2026 | 95 | 72.22 (317.03%) |
| Mar 20, 2026 | 30 | 7.22 (31.69%) |