Ticker Options Intelligence

STX options intelligence

Name: Sharemaestro STX Options Intent Radar
Creator: Sharemaestro
License: https://sharemaestro.com/data-license/

Seagate Technology PLC options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 38 Market data through 18 Sep 2026 Checked 18 Sep 2026 20:20 · partial chain

Options-market disagreement

Mixed pressure

STX currently carries mixed options pressure with a 38/100 conviction score. The nearest-chain expected move is 3.3%, with volume/open-interest participation at 0.21.

Options Intelligence Opportunities Bullish confirmation Risks Unusual flow Vol expansion Repeated pressure Compare Chart Weekly report

Primary read Mixed

Options-market disagreement

Expected move 3.3%

Near-term move context

Activity / OI 0.21

Current volume is quieter versus prior open interest

Put-call 0.94

Balanced tape

Trend fit 89

Options agree with trend context

Weekly backdrop +3.4%

RS 45.9

Expected move 3.3%

Put-call volume 0.94

Volume / OI 0.21

Reference IV 0.46

Max pain 755.00

Underlying 830.17

Nearest expiry 18 Sep 2026

Contracts 1131

Research Brief

STX has a mixed chain read with 38/100 evidence alignment.

The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 802.92–857.42; The largest call open-interest concentration is 1,150.00; the largest put concentration is 500.00. The most active strike by current volume is 850.00.

Priced range802.92–857.42

Call concentration1150.00

Put concentration500.00

Max pain reference755.00

What would confirm it

A clear directional pressure reading develops and price begins to agree.
The current chain read already agrees with the stored weekly trend context.

What would weaken it

Volatility falls and the chain remains directionally mixed.

Priced Move

Where the chain says movement becomes exceptional

Size, not direction · through 18 Sep

Options imply 802.92 to 857.42. Max pain at 755.00 lies outside the priced range, so it is a weak near-term anchor.

Spot Max pain

802.92830.17 ± 27.25857.42

Confirmation level

A close beyond 857.42 or below 802.92 at the 18 Sep expiry would exceed the move currently priced by this chain.

Important limitation

The range is a pricing reference, not a forecast; volatility can reprice sharply after news or as expiry approaches.

Score Construction

Why conviction is 38/100

Evidence alignment, not probability

Pressure is 0/100 toward calls; conviction uses its strength, while the signal label carries its direction.

Directional pressure0 × 42%

+0.1

How strongly activity leans toward calls or puts.

Participation45 × 22%

+9.9

Volume relative to existing open interest and contract-level activity.

Trend agreement89 × 26%

+23.2

How closely the chain read agrees with the underlying trend backdrop.

Volatility45 × 10%

+4.5

The intensity of implied volatility and the priced move.

Positioning by Strike

Where open interest and current activity concentrate

Full strike map

The largest call open-interest concentration is 1,150.00; the largest put concentration is 500.00. The most active strike by current volume is 850.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.

Put open interestStrikeCall open interest

6037

500.00-39.8%

385

1891

540.00-35.0%

110

733

600.00-27.7%

800

932

650.00-21.7%

171

952

700.00-15.7%

136

857

720.00-13.3%

251

1097

740.00-10.9%

1107

750.00-9.7%

105

2312

780.00-6.0%

609

612

800.00-3.6%

516

349

820.00-1.2%

262

247

840.001.2%

348

335

850.002.4%

845

968

860.003.6%

337

900.008.4%

929

1000.0020.5%

1050

1150.0038.5%

1603

Nearest spot strike Max pain strikeBars show relative OI within this expiry

Gamma Profile by Strike

Balanced gamma proxy

Model-estimated Greeks · 98% coverage

Call- and put-side gamma sensitivity is broadly balanced across the retained chain. Individual strike concentrations may still matter more than the chain-wide net.

Net profile-$10.0MDelta change / 1% move

Positive peak850.00+$4.5M

Negative peak860.00-$3.5M

Nearest balance830.26Interpolated sign change

StrikeNegativePositiveNet / 1% move

780.00-6.0%

-$2.4M

785.00-5.4%

+$546,285

790.00-4.8%

-$407,054

795.00-4.2%

-$179,696

800.00-3.6%

-$1.2M

805.00-3.0%

-$562,630

810.00-2.4%

-$2.5M

815.00-1.8%

-$166,122

820.00-1.2%

-$1.9M

825.00-0.6%

-$56,791

830.000.0%

-$112,522

835.000.6%

+$2.0M

840.001.2%

+$165,791

845.001.8%

-$390,868

850.002.4%

+$4.5M

855.003.0%

+$250,977

860.003.6%

-$3.5M

865.004.2%

+$319,714

870.004.8%

-$677,728

875.005.4%

+$167,612

880.006.0%

-$612,641

Positive call-side proxy Negative put-side proxyHighlighted row is nearest spot strike

Scenario proxy = gamma × open interest × 100 shares × spot² × 1%. Calls are positive and puts negative by convention. Missing Greeks use a Black-Scholes estimate from stored IV with zero rate and dividend assumptions. Open interest does not reveal who is long or short, so this is not observed dealer positioning or a forecast.

Volatility Curve

Back-loaded volatility

0.72× front/back

Longer-dated options carry more implied volatility than the front expiry, so risk is priced farther out.

0.46 18 Sep 0d

0.62 25 Sep 7d

0.64 2 Oct 14d

0.64 9 Oct 21d

Volatility by Strike

Downside protection premium

Nearest expiry, within 20% of spot

Out-of-the-money puts carry higher implied volatility than comparable calls, indicating richer downside protection.

670

700

708

718

728

735

745

760

775

795

810

830

850

865

885

905

920

940

960

975

995

Put IV Call IV

Historical Replay

How matured reads behaved through expiry

32 matured · 9 directional

Across 9 stored directional transitions, the next stored price moved in the labelled direction 67% of the time.

Directional follow-through67%

Moves contained by pricing66%

Average expiry move7.2%

18 Sep Mixed · 38 3.4% through expiry 3.3% priced · v2.0

17 Sep Mixed · 40 3.4% through expiry 4.3% priced · v2.0

16 Sep Bullish · 48 3.4% through expiry 6.1% priced · v2.0

15 Sep Volatility · 50 3.4% through expiry 8.6% priced · v2.0

14 Sep Mixed · 41 3.4% through expiry 7.0% priced · v2.0

11 Sep Mixed · 37 -2.3% through expiry 2.1% priced · v2.0

10 Sep Mixed · 40 -2.3% through expiry 3.8% priced · v2.0

9 Sep Volatility · 46 -2.3% through expiry 5.9% priced · v2.0

4 Sep Mixed · 43 -2.3% through expiry 7.0% priced · v2.0

2 Sep Volatility · 50 2.4% through expiry 4.9% priced · v2.0

28 Aug Mixed · 40 2.4% through expiry 6.6% priced · v2.0

27 Aug Mixed · 39 -2.4% through expiry 3.3% priced · v2.0

Eligible snapshots must have a dated market session, stored signal, and point-in-time market reference. Each observation uses one read per market session and the first stored weekly close on or immediately after expiry; its original calculation version is retained. It is an evidence audit, not an executable strategy or evidence of future performance.

Evidence Quality

Good

B79/100

Retained chain100%

Implied volatility99%

Two-sided quotes99%

Open interest100%

Chain status: Retained chain subset
Market date: 18 Sep 2026
Calculation: v2.0
Contracts: 1131 / 1131

100% of provider contracts were retained for this snapshot.

Aggregate chain data supports concentration, participation and pricing analysis. It does not identify trade aggressor, opening versus closing activity, multi-leg intent or dealer inventory.

Options Intent Radar

Multi-expiry position-maintenance candidate

73/100

Primary intent Multi-expiry position-maintenance candidate

Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.

Flow vs price divergence No clean flow/price divergence

The options read is mixed, so divergence is not strong enough to classify.

Why this matters

Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $41.7M of estimated gross traded notional, calls · 0-7 days · itm, and a no clean flow/price divergence backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+0

1W price+3.4%

Call premium75%

Put premium25%

Notional split C 75% / P 25% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.

Freshness 0.21 Volume divided by open interest across the visible chain.

Trend fit 89/100 Agreement between options pressure and Sharemaestro market context.

Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction. Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.

Conviction clusters Calls · 0-7 days · ITM

Calls · 0-7 days · ITM calls cluster with 886 contracts traded, $19.1M estimated gross traded notional, and 46% of visible notional.

$19.1M

Puts · 0-7 days · ITM puts cluster with 551 contracts traded, $6.2M estimated gross traded notional, and 15% of visible notional.

$6.2M

Calls · 0-7 days · ATM calls cluster with 1948 contracts traded, $4.8M estimated gross traded notional, and 11% of visible notional.

$4.8M

Calls · 0-7 days · OTM calls cluster with 5446 contracts traded, $3.5M estimated gross traded notional, and 8% of visible notional.

$3.5M

Calls · 8-21 days · ITM calls cluster with 212 contracts traded, $2.4M estimated gross traded notional, and 6% of visible notional.

$2.4M

Setup Classification

Opportunity and risk frame

Context, not advice

Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

Activity Anomaly

Normal range

Activity is broadly in line with recent stored snapshots.

Baseline: 33 completed sessions

Volume rank55th

Volume/OI rank67th

IV rank6th

Market Context

Underlying confirmation

Sharemaestro weekly

Close858.79

1W+3.4%

RS45.9

Fair value+245.3%

Options pressure0

Speculation45

Volatility45

Trend fit89

Today Versus Normal

Stored-options context

View history

Expected move 3.3% muted

30d avg 6.7% · 17 sessions 12th

90d avg 7.8% · 33 sessions 6th

180d avg - · 33/60 sessions -

IV 0.46 muted

30d avg 0.65 · 17 sessions 12th

90d avg 0.84 · 33 sessions 6th

180d avg - · 33/60 sessions -

Put-call 0.94 near normal

30d avg 1.09 · 17 sessions 35th

90d avg 1.21 · 33 sessions 27th

180d avg - · 33/60 sessions -

Volume/OI 0.21 near normal

30d avg 0.18 · 17 sessions 71th

90d avg 0.20 · 33 sessions 67th

180d avg - · 33/60 sessions -

Pressure Trail

Recent pressure and volatility

Open trail

10 Sep 15:01 Mixed

Pressure 5

Move 4.3%

10 Sep 16:30 Bearish

Pressure -22

Move 3.3%

10 Sep 18:00 Mixed

Pressure -14

Move 3.3%

10 Sep 19:30 Mixed

Pressure -12

Move 3.8%

11 Sep 14:20 Bearish

Pressure -25

Move 3.4%

11 Sep 16:00 Mixed

Pressure -17

Move 2.7%

11 Sep 17:30 Mixed

Pressure -15

Move 2.8%

11 Sep 19:03 Mixed

Pressure -16

Move 2.1%

Strike Map

Where activity is clustering

Full strike map

Strike80.00

Calls · V 1 · OI 27

Puts · V 34 · OI 26

Strike85.00

Calls · V 1 · OI 2

Puts · V 2 · OI 2

Strike90.00

Calls · V 1 · OI 2

Puts · V 45 · OI 88

Strike95.00

Calls · V 2 · OI 16

Puts · V 3 · OI 35

Strike100.00

Calls · V 6 · OI 22

Puts · V 93 · OI 136

Strike105.00

Calls · V 3 · OI 28

Puts · V 2 · OI 25

Strike110.00

Calls · V 1 · OI 10

Puts · V 50 · OI 58

Strike115.00

Calls · V 1 · OI 1

Puts · V 30 · OI 35

Term Structure

Expiration activity

Volume and IV

Expiry18 Sep 2026

Contracts417

Avg IV0.46

Put-call1.00

Expiry25 Sep 2026

Contracts273

Avg IV0.62

Put-call0.76

Expiry2 Oct 2026

Contracts255

Avg IV0.64

Put-call1.12

Expiry9 Oct 2026

Contracts186

Avg IV0.64

Put-call1.34

Skew

Call/put IV balance

OTM demand

18 Sep 2026Put IV premium

Call IV0.35

Put IV0.56

Skew0.21

25 Sep 2026Balanced skew

Call IV0.61

Put IV0.61

Skew0.01

2 Oct 2026Balanced skew

Call IV0.66

Put IV0.65

Skew-0.01

9 Oct 2026Balanced skew

Call IV0.62

Put IV0.64

Skew0.01

Contract Tape

Most active contracts

Full contract tape

ContractSTX260918P01160000

SidePut

Expiry18 Sep 2026

Strike1160.00

Volume-

OI-

IV3.94

ContractSTX261002P01420000

SidePut

Expiry2 Oct 2026

Strike1420.00

Volume-

OI-

IV1.51

ContractSTX260918P01520000

SidePut

Expiry18 Sep 2026

Strike1520.00

Volume-

OI-

IV6.31

ContractSTX260925P01410000

SidePut

Expiry25 Sep 2026

Strike1410.00

Volume-

OI-

IV2.03

ContractSTX261009C01270000

SideCall

Expiry9 Oct 2026

Strike1270.00

Volume-

OI53

IV0.85

ContractSTX260918C01175000

SideCall

Expiry18 Sep 2026

Strike1175.00

Volume-

OI48

IV3.74

ContractSTX261009P00610000

SidePut

Expiry9 Oct 2026

Strike610.00

Volume-

OI46

IV0.81

ContractSTX260918C01015000

SideCall

Expiry18 Sep 2026

Strike1015.00

Volume-

OI42

IV1.11

STX options intelligence

Mixed pressure

STX has a mixed chain read with 38/100 evidence alignment.

Where the chain says movement becomes exceptional

Why conviction is 38/100

Where open interest and current activity concentrate

Balanced gamma proxy

Back-loaded volatility

Downside protection premium

How matured reads behaved through expiry

Good

Multi-expiry position-maintenance candidate

Opportunity and risk frame

Normal range

Underlying confirmation

Stored-options context

Recent pressure and volatility

Where activity is clustering

Expiration activity

Call/put IV balance

Most active contracts

Send a message

Evidence context

STX options intelligence

Mixed pressure

STX has a mixed chain read with 38/100 evidence alignment.

Where the chain says movement becomes exceptional

Why conviction is 38/100

Where open interest and current activity concentrate

Balanced gamma proxy

Back-loaded volatility

Downside protection premium

How matured reads behaved through expiry

Good

Multi-expiry position-maintenance candidate

Opportunity and risk frame

Normal range

Underlying confirmation

Stored-options context

Recent pressure and volatility

Where activity is clustering

Expiration activity

Call/put IV balance

Most active contracts

Related research and context

Sharemaestro research

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