Selective Insurance Group... (SIGI)
Selective Insurance Max Pain By Strike
SIGI trades at $80.21, 6.9% above the near-term max pain of $75 expiring Sep 19, 2025 (14 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($65-$95), signaling increased put positioning or downside protection. Key magnetic zone at 75 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 65, indicating bearish sentiment or hedging activity. The 39% spread signals divergent expectations across timeframes. Most levels below 80.21 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 |
|---|---|---|
| Sep 19, 2025 | 75 | -5.21 (-6.50%) |
| Oct 17, 2025 | 70 | -10.21 (-12.73%) |
| Dec 19, 2025 | 75 | -5.21 (-6.50%) |
| Jan 16, 2026 | 95 | 14.79 (18.44%) |
| Mar 20, 2026 | 65 | -15.21 (-18.96%) |