Surgery Partners Inc. (SGRY)
Surgery Partners Max Pain By Strike
SGRY trades at $22.48, pinned near the near-term max pain of $22.5 expiring Sep 19, 2025 (31 days). Price stability likely with balanced options positioning at this level. 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 223% spread signals divergent expectations across timeframes. Most levels above 22.48 could support dips. 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 | 22.5 | 0.02 (0.09%) |
| Oct 17, 2025 | 12.5 | -9.98 (-44.40%) |
| Dec 19, 2025 | 25 | 2.52 (11.21%) |
| Jan 16, 2026 | 95 | 72.52 (322.60%) |
| Mar 20, 2026 | 30 | 7.52 (33.45%) |