Summit Materials Inc. (SUM)
Summit Materials Max Pain By Strike
SUM trades at $52.49, 16.6% above the near-term max pain of $45 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($45-$97.5), indicating stable market expectations. High dispersion in max pain levels suggests competing forces and potential volatility.
Summit Materials Max Pain By Expiry
Max pain for SUM shows stable levels around 71.25, reflecting balanced market expectations. The 74% spread signals divergent expectations across timeframes. Levels distributed around 52.49. 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 | 45 | -7.49 (-14.27%) |
| Jan 16, 2026 | 97.5 | 45.01 (85.75%) |