Pure Storage Stock Options

PSTG Stock  USD 74.29  0.17  0.23%   
Pure Storage's latest option contracts expiring on March 20th 2026 are carrying combined implied volatility of 0.85 with a put-to-call open interest ratio of 0.77 over 50 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on March 20th 2026. The total put volume is at 605, with calls trading at the volume of 855. This yields a 0.71 put-to-call volume ratio.

Open Interest Against March 20th 2026 Option Contracts

The chart above shows Pure Storage's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Pure Storage's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Pure Storage's option, there is no secondary market available for investors to trade.

Pure Storage Maximum Pain Price Across 2026-03-20 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Pure Storage close to expiration to expire worthless. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, Pure Storage's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Pure Storage

Analyzing Pure Storage's in-the-money options over time can help investors to take a profitable long position in Pure Storage regardless of its overall volatility. This is especially true when Pure Storage's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Pure Storage's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Pure Storage's stock while costing only a fraction of its price.

Pure Storage In The Money Call Balance

When Pure Storage's strike price is surpassing the current stock price, the option contract against Pure Storage stock is said to be in the money. When it comes to buying Pure Storage's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Pure Storage are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Pure Current Options Market Mood

Pure Storage's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Pure Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most Pure Storage's options investors are not very successful. Pure Storage's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Pure contract

Base on the Rule 16, the options market is currently suggesting that Pure Storage will have an average daily up or down price movement of about 0.0531% per day over the life of the 2026-03-20 option contract. With Pure Storage trading at USD 74.29, that is roughly USD 0.0395. If you think that the market is fully incorporating Pure Storage's daily price movement you should consider buying Pure Storage options at the current volatility level of 0.85%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Pure Storage options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Pure calls. Remember, the seller must deliver Pure Storage stock to the call owner when a call is exercised.

Pure Storage Option Chain

When Pure Storage's strike price is surpassing the current stock price, the option contract against Pure Storage stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Pure Storage's option chain is a display of a range of information that helps investors for ways to trade options on Pure. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Pure. It also shows strike prices and maturity days for a Pure Storage against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
PSTG260320C0014000018140.00.0 - 0.50.16Out
Call
PSTG260320C0013500070135.00.05 - 0.550.2Out
Call
PSTG260320C00130000406130.00.05 - 0.650.35Out
Call
PSTG260320C0012500078125.00.1 - 0.750.41Out
Call
PSTG260320C00120000141120.00.2 - 0.750.45Out
Call
PSTG260320C00115000438115.00.55 - 1.30.55Out
Call
PSTG260320C00110000153110.00.55 - 1.10.9Out
Call
PSTG260320C00105000491105.00.8 - 1.451.14Out
Call
PSTG260320C001000001595100.01.25 - 1.751.7Out
Call
PSTG260320C00095000190895.01.8 - 2.652.25Out
Call
PSTG260320C00090000216790.02.45 - 3.33.1Out
Call
PSTG260320C00085000315685.03.4 - 4.54.4Out
Call
PSTG260320C00080000361080.05.7 - 6.15.89Out
Call
PSTG260320C00075000120575.07.2 - 8.07.8Out
Call
PSTG260320C00070000194970.09.7 - 10.610.1In
Call
PSTG260320C00065000112365.012.4 - 13.712.32In
Call
PSTG260320C0006000050260.016.0 - 18.416.3In
Call
PSTG260320C0005500011055.019.5 - 22.620.2In
Call
PSTG260320C0005000010350.023.9 - 26.724.3In
Call
PSTG260320C0004500013245.027.9 - 31.343.5In
Call
PSTG260320C0004000010740.033.2 - 35.531.16In
Call
PSTG260320C000350001235.037.5 - 41.530.62In
Call
PSTG260320C00030000130.042.4 - 46.457.82In
Call
PSTG260320C00025000625.047.4 - 51.454.3In
Call
PSTG260320C00020000120.052.4 - 56.258.5In
 Put
PSTG260320P00020000220.00.0 - 0.90.05Out
 Put
PSTG260320P000250003125.00.0 - 0.40.1Out
 Put
PSTG260320P00030000530.00.0 - 0.450.1Out
 Put
PSTG260320P0003500011435.00.0 - 0.30.05Out
 Put
PSTG260320P0004000020940.00.1 - 0.650.45Out
 Put
PSTG260320P000450009345.00.3 - 0.70.5Out
 Put
PSTG260320P0005000038650.00.65 - 1.11.02Out
 Put
PSTG260320P0005500024355.00.9 - 1.71.28Out
 Put
PSTG260320P00060000590960.02.15 - 2.72.64Out
 Put
PSTG260320P00065000175465.03.7 - 4.24.0Out
 Put
PSTG260320P00070000143770.05.1 - 6.25.78Out
 Put
PSTG260320P00075000114975.08.1 - 8.68.2In
 Put
PSTG260320P0008000050980.010.4 - 11.711.3In
 Put
PSTG260320P00085000142385.013.5 - 15.114.6In
 Put
PSTG260320P00090000148390.017.5 - 18.919.8In
 Put
PSTG260320P000950005095.021.5 - 24.125.4In
 Put
PSTG260320P0010000085100.025.7 - 28.530.7In
 Put
PSTG260320P001050007105.030.3 - 33.521.0In
 Put
PSTG260320P001100000110.034.9 - 38.224.1In
 Put
PSTG260320P0011500042115.039.7 - 43.025.0In
 Put
PSTG260320P001200000120.044.6 - 47.944.6In
 Put
PSTG260320P001250000125.049.3 - 52.949.3In
 Put
PSTG260320P001300000130.054.0 - 57.954.0In
 Put
PSTG260320P001350000135.058.8 - 62.958.8In
 Put
PSTG260320P001400000140.064.3 - 67.964.3In

Pure Storage Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Pure Total Stockholder Equity

Total Stockholder Equity

1.58 Billion

At this time, Pure Storage's Total Stockholder Equity is most likely to increase significantly in the upcoming years.

Pure Storage Corporate Directors

Matt BradfordDirector ExperienceProfile
Anita SandsIndependent DirectorProfile
Jeffrey RothschildIndependent DirectorProfile
John ColgroveFounder, Chief Technology Officer, DirectorProfile
When determining whether Pure Storage is a strong investment it is important to analyze Pure Storage's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pure Storage's future performance. For an informed investment choice regarding Pure Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pure Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Can Technology Hardware, Storage & Peripherals industry sustain growth momentum? Does Pure have expansion opportunities? Factors like these will boost the valuation of Pure Storage. Anticipated expansion of Pure directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Pure Storage demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
(0.16)
Earnings Share
0.38
Revenue Per Share
10.636
Quarterly Revenue Growth
0.16
Return On Assets
0.0108
The market value of Pure Storage is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Storage's value that differs from its market value or its book value, called intrinsic value, which is Pure Storage's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Pure Storage's market value can be influenced by many factors that don't directly affect Pure Storage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Pure Storage's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Pure Storage should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Pure Storage's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.