thetaOwl

STX

Seagate Technology Holdings PLCClose $810.46EOD only
Max Pain
$727.50
Next expiry May 22, 2026
Expected Move
±$30.40
3.8% from close
Price Gap
-82.96
Distance to max pain
IV Rank
57
Middle-high premium
P/C OI
1.09
Balanced positioning
Consensus
No reports available
Published snapshot: May 21, 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
May 21, 2026 close
Max Pain — STX
Data as of market close May 21, 2026

Nearest listed expiration 2026-05-22 shows max pain at $727.50 (82.96 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$727.50
Nearest expiry
Expected Move
±$30.40
±3.8%
Days to Expiry
1
Calendar days
Total Call OI
13,561
Nearest expiry
Total Put OI
15,851
Nearest expiry
P/C OI Ratio
1.17
Put-heavy
Spot Price
$810.46
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$710.005/8/2026, 11:31:41 PM
2026-05-15$675.005/15/2026, 11:39:53 PM
2026-05-22NextUpdated$727.505/21/2026, 11:36:45 PM
2026-05-29$737.505/21/2026, 11:36:45 PM
2026-06-05$720.005/21/2026, 11:36:45 PM
2026-06-12$750.005/21/2026, 11:36:45 PM
2026-06-18$340.005/21/2026, 11:36:45 PM
2026-06-26$770.005/21/2026, 11:36:45 PM
2026-07-17$640.005/21/2026, 11:36:45 PM
2026-08-21$750.005/21/2026, 11:36:45 PM
2026-09-18$370.005/21/2026, 11:36:45 PM
2026-10-16$820.005/21/2026, 11:36:45 PM
2026-11-20$550.005/21/2026, 11:36:45 PM
2026-12-18$450.005/21/2026, 11:36:45 PM
2027-01-15$220.005/21/2026, 11:36:45 PM
2027-03-19$590.005/21/2026, 11:36:45 PM
Selected expiration: 2026-05-22 at max pain $727.50.
STX pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
2250580691000580691000
2300572804500572804500
2350564958000564958000
2400557150000557150000
245500549398500549399000
2501500541651500541653000
2552500533934500533937000
2603500526241000526244500
2705500510854000510859500
29510500472926500472937000
30011500465357500465369000
31013500450235500450249000
31514500442713500442728000
32015500435231000435246500
32516500427781500427798000
33017500420349500420367000
33518500412984500413003000
34019500405644500405664000
34520500398315000398335500
35022000391001500391023500
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.