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STX

Seagate Technology Holdings PLCClose $1025.36EOD only

Max Pain

$1000.00

Next expiry Jun 26, 2026

Expected Move

±$42.20

4.1% from close

Price Gap

-25.36

Distance to max pain

IV Rank

Low premium

P/C OI

1.19

Slightly put-heavy

Consensus

7.0/10

Bullish tilt

Published snapshot: Jun 25, 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 25, 2026 close

STX Flow Report

Analysis based on market close June 26, 2026

Directional Theta Gang Flow Earnings Consensus

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

Flow Verdict

Confidence:

4.5 / 10

base 5; -1 spot 10.5% from MP; +0.5 VIX 18

Watch next session: $800; $940

Flow Summary

Net premium: +$679K bullish

P/C volume ratio: 1.61

P/C OI ratio: 1.22

Heavy put flow dominates; unusual puts, negative GEX, spot below MP. Net call premium suggests hedging. Bearish sentiment.

Notable Prints

STX 2026-07-02 $800.00 Put

Vol: 334

OI: 182

Vol/OI: 1.8x

IV: 86.7%

Notional: ~$341K

Intent: Aggressive bearish speculation on downside below $800

Read-through: High vol/oi, deep OTM puts suggest fear of sharp drop

STX 2026-06-26 $940.00 Put

Vol: 196

OI: 111

Vol/OI: 1.8x

IV: 85.5%

Notional: ~$911K

Intent: Bearish positioning or hedging, expiring today

Dual read: Could be closing existing shorts

Read-through: ITM put buying indicates expectation of continued weakness

STX 2026-07-02 $900.00 Put

Vol: 206

OI: 128

Vol/OI: 1.6x

IV: 86.8%

Notional: ~$906K

Intent: Bearish view targeting $900, possibly hedging

Read-through: ATM put buying aligns with bearish flow and high put/call ratios

Institutional Positioning

Call additions: Minimal; net premium positive but dominated by put activity

Put additions: Heavy; $800, $900, $940 strikes see unusual volume (vol/oi 1.6-1.8)

GEX/DEX consistency: Consistent: negative GEX with positive DEX suggests dealers amplify moves; hedged by puts

OI clusters: Largest OI at $800 put (1,682 contracts), $900 and $940 also sizeable

Hedging evidence: Puts used as protection; VIX 18 indicates elevated hedging demand

Max pain context: Spot below MP; negative gamma and put flow may pressure spot lower

Signal vs Noise

~Heavy put unusual prints (vol/oi 1.6+) are real signal

~High put/call volume ratio (1.6) confirms bearish tilt

~Net premium positive is noise; likely from cheaper puts vs calls

Key Conclusions

🔻Put flow and negative gamma signal downside risk; watch $800 gamma flip.

⚠️High VIX and put hedging amplify volatility; expect sharp moves.

How to Use These Reports

This flow reflects the market close on June 26, 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.