Selective Insurance Group... (SIGI)

SIGI trades at $79.84, 14.1% above the near-term max pain of $70 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($40-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

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 79.84 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.