Pure Storage Inc. (PSTG)
Pure Storage Max Pain By Strike
PSTG trades at $81.13, 35.2% above the near-term max pain of $60 expiring Sep 19, 2025 (9 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($5-$75), reflecting growing call interest at higher strikes. Key magnetic zone at 60 where 2 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 75, suggesting bullish positioning in longer-dated options. The 124% spread signals divergent expectations across timeframes. Most levels below 81.13 may cap rallies. 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 | 60 | -21.13 (-26.04%) |
| Oct 17, 2025 | 75 | -6.13 (-7.56%) |
| Nov 21, 2025 | 55 | -26.13 (-32.21%) |
| Dec 19, 2025 | 5 | -76.13 (-93.84%) |
| Jan 16, 2026 | 60 | -21.13 (-26.04%) |
| Feb 20, 2026 | 65 | -16.13 (-19.88%) |
| Mar 20, 2026 | 65 | -16.13 (-19.88%) |
| Jun 18, 2026 | 75 | -6.13 (-7.56%) |
| Jan 15, 2027 | 50 | -31.13 (-38.37%) |