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SGRY

Surgery Partners, Inc.
15.63post−$0.02 (−0.13%)at close −$0.41 (−2.55%)
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as of 19:59:56 UTCnext report Aug 5 · today
Earnings Room‹ back to SGRY

The report

fiscal Q2 2026 · from the company's notice
Aug 5before open0days out

Expected movement

market-implied · at the Aug 4 close
±10.8%is what the chain prices for this report itself, with the ordinary drift of the days around it taken out. Not a view we hold.

The full straddle prices ±12.9% over the 17 days to expiry; the rest of that is everyday movement, which the chain prices at 48% annualized.

expiry Aug 21 · first after the reportATM strike 15straddle 2.38ATM IV 88% vs 66% at Sep 18× 0.85 straddle-to-rangespot 15.63

Blast radius

2 linked · N-PORT + EDGAR

If SGRY moves ±12.9% over this report, these carry part of it. Fund rows are arithmetic on published holding weights — what an index fund does by construction. Company rows are ranked by disclosed tie strength.

Positioning

4 expiries · as of the Aug 4 close

Contracts already committed, not just traded today — puts against calls, sized by expiry. The tick is today's volume moving against that stance; the arrow, how much built up since the prior session.

OI ΔPutsOI
Expiry
OICallsOI Δ
▲ +0%
4.6k
Aug 21
17d
3.3k
▼ −0%
▲ +0%
429
Sep 18
45d
3.4k
▲ +0%
▲ +0%
24
Dec 18
136d
157
▲ +0%
▲ +0%
121
Jan 15
164d
3.3k
▲ +0%

The record

expected in pale · actual in full color
1/8reports moved further than the options market had pricedtypically ±6.6% realized vs ±11.9% priced
May 5 '26±13.8%+0.4%×0.03
Mar 2 '26±12.4%12.3%×0.99
Nov 10 '25±12.9%25.4%×1.97
Aug 5 '25±5.7%0.3%×0.06
May 12 '25±11.8%+5.0%×0.42
Mar 3 '25±8.5%0.3%×0.04
Nov 12 '24±13.8%5.9%×0.43
Aug 6 '24±16.1%+3.2%×0.20
pale = implied the day beforeink = the next day's close× = realized ÷ implied
2-quarter memory
Q1 FY26 · reported -0.28 · rev $811M
record note

The note composes when the report lands. Nothing is written for a quarter that hasn't been read.