Surgery Partners Stock Options
| SGRY Stock | USD 20.47 0.28 1.39% |
Surgery Partners' latest option contracts expiring on March 21st 2025 are carrying combined implied volatility of 1.04 with a put-to-call open interest ratio of 0.21 over 20 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on March 21st 2025.
Open Interest Against March 21st 2025 Option Contracts
Surgery Partners option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Surgery Partners' lending market. For example, when Surgery Partners' puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Surgery Partners, he or she must hedge the risk by shorting Surgery Partners stock over its option's life.
2025-03-21
The chart above shows Surgery Partners' distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Surgery Partners' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Surgery Partners' option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Surgery Partners
Analyzing Surgery Partners' in-the-money options over time can help investors to take a profitable long position in Surgery Partners regardless of its overall volatility. This is especially true when Surgery Partners' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Surgery Partners' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Surgery Partners' stock while costing only a fraction of its price.
Surgery Partners In The Money Call Balance
When Surgery Partners' strike price is surpassing the current stock price, the option contract against Surgery Partners stock is said to be in the money. When it comes to buying Surgery Partners' options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Surgery Partners are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Surgery Current Options Market Mood
Surgery Partners' open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Surgery Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Unfortunately, most Surgery Partners' options investors are not very successful. Surgery Partners' option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current Surgery contract
Base on the Rule 16, the options market is currently suggesting that Surgery Partners will have an average daily up or down price movement of about 0.065% per day over the life of the 2025-03-21 option contract. With Surgery Partners trading at USD 20.47, that is roughly USD 0.0133. If you think that the market is fully incorporating Surgery Partners' daily price movement you should consider buying Surgery Partners options at the current volatility level of 1.04%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Surgery |
Purchasing Surgery Partners options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Surgery calls. Remember, the seller must deliver Surgery Partners stock to the call owner when a call is exercised.
Surgery Partners Option Chain
When Surgery Partners' strike price is surpassing the current stock price, the option contract against Surgery Partners stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Surgery Partners' option chain is a display of a range of information that helps investors for ways to trade options on Surgery. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Surgery. It also shows strike prices and maturity days for a Surgery Partners against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Open Int | Strike Price | Current Spread | Last Price | |||
Call | SGRY250321C00015000 | 0 | 15.0 | 4.5 - 7.7 | 4.5 | In |
Call | SGRY250321C00017500 | 1 | 17.5 | 3.1 - 5.6 | 5.0 | In |
Call | SGRY250321C00020000 | 3 | 20.0 | 0.45 - 4.1 | 4.0 | In |
Call | SGRY250321C00022500 | 205 | 22.5 | 0.85 - 1.75 | 1.55 | Out |
Call | SGRY250321C00025000 | 5 | 25.0 | 0.0 - 1.55 | 0.7 | Out |
Call | SGRY250321C00030000 | 200 | 30.0 | 0.0 - 0.6 | 0.51 | Out |
Call | SGRY250321C00035000 | 46 | 35.0 | 0.0 - 2.25 | 2.13 | Out |
Call | SGRY250321C00040000 | 26 | 40.0 | 0.0 - 2.15 | 1.25 | Out |
Call | SGRY250321C00045000 | 309 | 45.0 | 0.0 - 0.3 | 0.8 | Out |
Call | SGRY250321C00050000 | 4 | 50.0 | 0.0 - 2.15 | 1.05 | Out |
Put | SGRY250321P00015000 | 0 | 15.0 | 0.0 - 2.2 | 2.2 | |
Put | SGRY250321P00017500 | 0 | 17.5 | 0.0 - 2.65 | 2.65 | |
Put | SGRY250321P00020000 | 2 | 20.0 | 0.9 - 2.5 | 1.83 | Out |
Put | SGRY250321P00022500 | 0 | 22.5 | 2.25 - 5.2 | 2.25 | In |
Put | SGRY250321P00025000 | 3 | 25.0 | 4.5 - 6.6 | 5.76 | In |
Put | SGRY250321P00030000 | 74 | 30.0 | 8.6 - 10.9 | 8.16 | In |
Put | SGRY250321P00035000 | 86 | 35.0 | 13.2 - 15.5 | 5.3 | In |
Put | SGRY250321P00040000 | 0 | 40.0 | 18.4 - 21.4 | 18.4 | In |
Put | SGRY250321P00045000 | 0 | 45.0 | 23.5 - 26.2 | 23.5 | In |
Put | SGRY250321P00050000 | 0 | 50.0 | 27.4 - 31.4 | 27.4 | In |
Surgery Partners Market Cap Over Time
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Surgery Total Stockholder Equity
Total Stockholder Equity |
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Surgery Partners Corporate Executives
Elected by the shareholders, the Surgery Partners' board of directors comprises two types of representatives: Surgery Partners inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Surgery. The board's role is to monitor Surgery Partners' management team and ensure that shareholders' interests are well served. Surgery Partners' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Surgery Partners' outside directors are responsible for providing unbiased perspectives on the board's policies.
| David Doherty | Executive CFO | Profile | |
| David CPA | Executive CFO | Profile |
Additional Tools for Surgery Stock Analysis
When running Surgery Partners' price analysis, check to measure Surgery Partners' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Surgery Partners is operating at the current time. Most of Surgery Partners' value examination focuses on studying past and present price action to predict the probability of Surgery Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surgery Partners' price. Additionally, you may evaluate how the addition of Surgery Partners to your portfolios can decrease your overall portfolio volatility.