thetaOwl

STX

Seagate Technology Holdings PLCClose $751.07EOD only
Max Pain
$730.00
Next expiry May 22, 2026
Expected Move
±$46.80
6.2% from close
Price Gap
-21.07
Distance to max pain
IV Rank
45
Middle-high premium
P/C OI
1.09
Balanced positioning
Consensus
No reports available
Published snapshot: May 20, 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 20, 2026 close
Max Pain — STX
Data as of market close May 20, 2026

Nearest listed expiration 2026-05-22 shows max pain at $730.00 (21.07 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$730.00
Nearest expiry
Expected Move
±$46.80
±6.2%
Days to Expiry
2
Calendar days
Total Call OI
13,016
Nearest expiry
Total Put OI
15,273
Nearest expiry
P/C OI Ratio
1.17
Put-heavy
Spot Price
$751.07
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$730.005/20/2026, 11:33:20 PM
2026-05-29$735.005/20/2026, 11:33:20 PM
2026-06-05$725.005/20/2026, 11:33:20 PM
2026-06-12$750.005/20/2026, 11:33:20 PM
2026-06-18$340.005/20/2026, 11:33:20 PM
2026-06-26$780.005/20/2026, 11:33:20 PM
2026-07-17$640.005/20/2026, 11:33:20 PM
2026-08-21$750.005/20/2026, 11:33:20 PM
2026-09-18$370.005/20/2026, 11:33:20 PM
2026-10-16$820.005/20/2026, 11:33:20 PM
2026-11-20$550.005/20/2026, 11:33:20 PM
2026-12-18$450.005/20/2026, 11:33:20 PM
2027-01-15$220.005/20/2026, 11:33:20 PM
2027-03-19$580.005/20/2026, 11:33:20 PM
Selected expiration: 2026-05-22 at max pain $730.00.
STX pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
2250562601750562601750
2300555004250555004250
2350547446750547446750
2400539927750539927750
245500532465250532465750
2501500525007250525008750
2552500517579250517581750
2603500510174750510178250
2705500495365750495371250
29510500458883250458893750
30011500451603250451614750
31013500437059250437072750
31514500429821750429836250
32015500422618750422634250
32516500415442250415458750
33017500408281250408298750
33518500401182250401200750
34019500394104250394123750
34520500387033750387054250
35022000379976750379998750
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.