Selective Insurance Group... (SIGI)
Selective Insurance Max Pain By Strike
SIGI trades at $77.91, 3.9% above the near-term max pain of $75 expiring Sep 19, 2025 (24 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 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 40, indicating bearish sentiment or hedging activity. The 79% spread signals divergent expectations across timeframes. Most levels below 77.91 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 | -2.91 (-3.74%) |
| Oct 17, 2025 | 40 | -37.91 (-48.66%) |
| Dec 19, 2025 | 75 | -2.91 (-3.74%) |
| Jan 16, 2026 | 95 | 17.09 (21.94%) |
| Mar 20, 2026 | 65 | -12.91 (-16.57%) |