thetaOwl

STX

Seagate Technology Holdings PLCClose $1094.04EOD only
Max Pain
$960.00
Next expiry Jun 26, 2026
Expected Move
±$100.25
9.2% from close
Price Gap
-134.04
Distance to max pain
IV Rank
14
Low premium
P/C OI
1.18
Slightly put-heavy
Consensus
6.5/10
Bullish tilt
Published snapshot: Jun 22, 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
Jun 22, 2026 close
STX Flow Report
Analysis based on market close June 23, 2026

Historical consensus-supported lens with full content, report chain context, and metric rail.

Flow Verdict

BiasBullish
Confirmation: Price holds above gamma flip level and call volume increases
Invalidation: Break below 800 with elevated put activity
Confidence:
8.5 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +0.5 VIX 19

Watch next session: Hold above gamma flip zone; Rise in call open interest

Flow Summary

Net premium: +$146.8M bullish

P/C volume ratio: 1.13

P/C OI ratio: 1.18

Despite bearish market and put-heavy ratios, strong positive gamma and pinning suggest upside support. High confidence from aligned flow and GEX.

Notable Prints

Institutional Positioning

Call additions: Limited; DEX positive hints at call buying at higher strikes

Put additions: Active; large put OI at $800 (23% below spot)

GEX/DEX consistency: Consistent: both positive, GEX pinning, DEX bullish

OI clusters: Put cluster at $800; call OI at higher strikes

Hedging evidence: High put volume indicates downside hedging

Max pain context: MP near $800; spot above, pinning suggests drift down

Signal vs Noise

~GEX positive pinning & DEX positive are strong signals
~Put/call ratios near 1 and no unusual prints are noise

Key Conclusions

📈GEX+ and DEX+ show bullish institutional flow despite mixed ratios
⚠️Large put OI at $800 acts as floor but signals hedging
How to Use These Reports
This flow reflects the market close on June 23, 2026.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.