thetaOwl

STX

Seagate Technology Holdings PLCClose $832.56EOD only
Max Pain
$860.00
Next expiry Aug 21, 2026
Expected Move
±$43.70
5.3% from close
Price Gap
+27.44
Distance to max pain
IV Rank
8
Low premium
P/C OI
1.27
Slightly put-heavy
Consensus
5.5/10
Bearish tilt
Published snapshot: Aug 19, 2026 close
End-of-day snapshot

This page reflects STX options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Aug 19, 2026 close
Max Pain — STX
Data as of market close Aug 19, 2026

Nearest listed expiration 2026-08-21 shows max pain at $860.00 (27.44 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$860.00
Nearest expiry
Expected Move
±$43.70
±5.3%
Days to Expiry
2
Calendar days
Total Call OI
24,554
Nearest expiry
Total Put OI
21,511
Nearest expiry
P/C OI Ratio
0.88
Put-heavy
Spot Price
$832.56
Published close
Consensus
5.5/10
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-08-07$840.008/7/2026, 11:35:35 PM
2026-08-14$845.008/14/2026, 11:34:18 PM
2026-08-21NextUpdated$860.008/19/2026, 11:39:40 PM
2026-08-28$895.008/19/2026, 11:39:40 PM
2026-09-04$875.008/19/2026, 11:39:40 PM
2026-09-11$960.008/19/2026, 11:39:40 PM
2026-09-18$710.008/19/2026, 11:39:40 PM
2026-09-25$950.008/19/2026, 11:39:40 PM
2026-10-02$950.008/19/2026, 11:39:40 PM
2026-10-16$850.008/19/2026, 11:39:40 PM
2026-11-20$850.008/19/2026, 11:39:40 PM
2026-12-18$630.008/19/2026, 11:39:40 PM
2027-01-15$330.008/19/2026, 11:39:40 PM
2027-03-19$840.008/19/2026, 11:39:40 PM
2027-06-17$670.008/19/2026, 11:39:40 PM
Selected expiration: 2026-08-21 at max pain $860.00.
STX pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
4000742516000742516000
4105000721106000721111000
42017000699733000699750000
43034000678365000678399000
44054000657099000657153000
45077000635871000635948000
460116000614771000614887000
470166000593915000594081000
480219000573083000573302000
490275000552301000552576000
500341000531636000531977000
510421000511134000511555000
520508000490656000491164000
530628000470314000470942000
540755000450309000451064000
550946000430497000431443000
5601174000411261000412435000
5701416000392436000393852000
5801670000373851000375521000
5901934000355534000357468000
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures

Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.

How traders use it

It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.

What can break it

Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.

The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.