Selective Insurance Group... (SIGI)
Selective Insurance Max Pain By Strike
SIGI trades at $77.03, 2.7% above the near-term max pain of $75 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($40-$95), signaling increased put positioning or downside protection. Key magnetic zone at 65 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Selective Insurance Max Pain By Expiry
Max pain for SIGI shows a downward trend from 95 to 40, indicating bearish sentiment or hedging activity. The 80% spread signals divergent expectations across timeframes. Most levels below 77.03 may cap rallies. 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 | 75 | -2.03 (-2.64%) |
| Sep 19, 2025 | 75 | -2.03 (-2.64%) |
| Oct 17, 2025 | 40 | -37.03 (-48.07%) |
| Dec 19, 2025 | 65 | -12.03 (-15.62%) |
| Jan 16, 2026 | 95 | 17.97 (23.33%) |
| Mar 20, 2026 | 65 | -12.03 (-15.62%) |