Pure Storage Inc. (PSTG)
Pure Storage Max Pain By Strike
PSTG trades at $58.58, 30.2% above the near-term max pain of $45 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($5-$60), reflecting growing call interest at higher strikes. Key magnetic zone at 50 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Pure Storage Max Pain By Expiry
Max pain for PSTG shows an upward trend from 5 to 60, suggesting bullish positioning in longer-dated options. The 122% spread signals divergent expectations across timeframes. Most levels below 58.58 may cap rallies. Strong magnetic level at 50 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 45 | -13.58 (-23.18%) |
| Oct 17, 2025 | 60 | 1.42 (2.43%) |
| Nov 21, 2025 | 45 | -13.58 (-23.18%) |
| Dec 19, 2025 | 5 | -53.58 (-91.46%) |
| Jan 16, 2026 | 50 | -8.58 (-14.64%) |
| Feb 20, 2026 | 55 | -3.58 (-6.10%) |
| Mar 20, 2026 | 50 | -8.58 (-14.64%) |
| Jan 15, 2027 | 50 | -8.58 (-14.64%) |