To answer your first basic question, the key stress for a screw used in a device such as a press is the shearing stress on the screw and nut threads not tensile stress.
While there are many references for calculating this stress, for a V thread the stress is the calculated for the screw thread at the minimum diameter of the nut thread; and, for the nut thread at the maximum diameter of the the screw thread.
For a V thread joint, the screw shear stress = screw load / (nut thread minimum diameter X 1/2 of the thickness the nut)
For the nut thread shear stress the formula is the same except using maximum screw thread diameter instead of the minmum nut thread diameter.
In reality, assuming the bolt and nut are made of the same material (and in the case of wood, that the grain directions are the same for both items), the actual restricting stress is the screw shear stress.
This formula is also reasonably accurate for a true acme thread with tapered thread sides.