Tour v290
MSTR
STRATEGY INC A
$100.77 +7.90%
$101.00 (+0.23%)🌙
as of 07/02 06:03 PM
7/2 18:03

Option Volume

Detail
Current (07/02) 833,193
Calls: 557,364 (67%)
Puts: 275,829 (33%)
Prior (07/01) 629,380
Calls: 374,851 (60%)
Puts: 254,529 (40%)
Current vs Prior +32.38%
Calls: +48.69% (Calls)
Puts: +8.37% (Puts)
Prior 7-Day Total 4,614,904
Calls: 2,066,693 (45%)
Puts: 2,548,211 (55%)
Prior 7-Day Average 659,272
Calls: 295,241 (45%)
Puts: 364,030 (55%)
Current vs Prior 7-Day Avg +26.38%
Calls: +88.78%
Puts: -24.23%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/02) $348.16M
Calls: $272.35M (78%)
Puts: $75.81M (22%)
Prior (07/01) $273.09M
Calls: $116.47M (43%)
Puts: $156.62M (57%)
Current vs Prior +27.49%
Calls: +133.84%
Puts: -51.60%
Prior 7-Day Total $2.89B
Calls: $650.79M (23%)
Puts: $2.23B (77%)
Prior 7-Day Average $412.14M
Calls: $92.97M (23%)
Puts: $319.17M (77%)
Current vs Prior 7-Day Avg -15.52%
Calls: +192.95%
Puts: -76.25%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/02) 0.49
Prior (07/01) 0.68
Current vs Prior -27.12%
Prior 7-Day Average 1.25
Current vs Prior 7-Day Avg -60.40%
Sentiment BULLISH

Open Interest

Detail
Current (07/02) 2,785,646
Calls: 1,454,142 (52%)
Puts: 1,331,504 (48%)
Prior (07/01) 2,673,472
Calls: 1,387,618 (52%)
Puts: 1,285,854 (48%)
Current vs Prior +4.20%
Prior 7-Day Total 17,606,219
Calls: 7,955,150 (51%)
Puts: 7,567,560 (49%)
Prior 7-Day Average 2,515,174
Calls: 1,325,858 (51%)
Puts: 1,261,260 (49%)
Current vs Prior 7-Day Avg +10.75%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/02) | Next (07/10)Expiry (07/17) | Next (08/21)
Current 1.27% | 11.09%15.26% | 29.88%
Prior 5.23% | 11.90%-- | --
Current vs Prior +112.32% | +28.30%-- | --
Prior 7-Day Avg 7.74% | 13.01%-- | --
Current vs 7-Day Avg +43.29% | +17.36%-- | --
Prior 7-Day Eod 5.23% | 11.90%-- | --
Current vs 7-Day Eod +112.32% | +28.30%-- | --
Sentiment BEARISH--

Relative Spread

Detail
Expiry | Next
Current 16.56% | 6.05%
Calls: 15.31% | 5.95%
Puts: 17.81% | 6.16%
Prior 4.31% | 4.36%
Calls: 4.02% | 4.36%
Puts: 4.60% | 4.36%
Current vs Prior +284.22% | +38.76%
Prior 7-Day Avg 7.25% | 6.77%
Calls: 5.48% | 7.96%
Puts: 5.29% | 5.88%
Current vs 7-Day Avg +128.52% | -10.68%
Liquidity Pricy
+
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🤖 AI Insights

Strong bullish conviction with 78% of dollar volume in calls ($272.35M) vs puts ($75.81M). Extreme bullish P/C ratio of 0.49 - heavy call buying (557,364 calls vs 275,829 puts). P/C ratio dropping 27% - sentiment shifting bullish.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BEARISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg BEARISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 291 of results (avg 6.2%, best 2.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$92.00Jul 1712.5512.85$12.702.4%260.71183
$105.00Jul 175.555.70$5.632.7%2.1K0.451.7K
$100.00Jul 3111.0011.30$11.152.7%5060.57878
$97.50Jul 179.109.40$9.253.2%1410.61122
$95.00Jul 1710.5010.85$10.683.3%6650.661.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Jul 1716.7017.10$16.902.4%120.732.7K
$116.00Jul 1717.4517.95$17.702.8%20.74325
$118.00Jul 1719.0519.60$19.332.8%10.7734
$112.00Jul 1714.3514.80$14.583.1%110.6813
$120.00Jul 2421.8022.50$22.153.2%40.74887

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.84, cheapest $0.65)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Jul 100.750.80$0.786.4%20.6K0.124.6K
$119.00Jul 100.810.89$0.859.4%9170.13186
$118.00Jul 100.891.01$0.9512.6%4350.14162
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.00Jul 100.620.68$0.659.2%1460.082.0K
$83.00Jul 100.690.78$0.7412.2%4700.092.3K
$85.00Jul 100.891.03$0.9614.6%2.9K0.126.4K
$86.00Jul 100.901.05$0.9815.3%1.6K0.124.7K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 246 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$81.00Jul 219.3520.15$19.754.1%231.0042
$82.00Jul 218.3519.15$18.754.3%181.0097
$83.00Jul 217.3518.15$17.754.5%891.00247
$84.00Jul 216.3517.15$16.754.8%641.00442
$85.00Jul 215.3516.15$15.755.1%3801.002.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Jul 218.8519.65$19.254.2%41.0038
$117.00Jul 215.8516.65$16.254.9%--1.0016
$118.00Jul 216.8517.65$17.254.6%11.002
$110.00Jul 28.859.65$9.258.6%1010.99179
$108.00Jul 26.857.65$7.2511.0%340.99551

Most actively traded options today. High liquidity = easy entry/exit. 462 active (total vol 639.2K, top 35.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Jul 20.000.01$0.01100.0%35.0K0.019.8K
$100.00Jul 20.700.99$0.8534.1%31.4K1.0012.1K
$101.00Jul 20.090.15$0.1250.0%21.7K0.313.1K
$120.00Jul 100.750.80$0.786.4%20.6K0.124.6K
$102.00Jul 20.010.02$0.0250.0%20.4K0.051.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Jul 20.020.05$0.0475.0%28.0K0.125.7K
$99.00Jul 20.000.02$0.01200.0%17.8K0.03522
$101.00Jul 20.260.59$0.4376.7%13.9K0.69266
$102.00Jul 20.901.61$1.2656.3%10.5K0.95137
$98.00Jul 20.000.01$0.01100.0%10.2K0.011.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 75 strikes (avg 456.4%, max 1396.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$81.00Jul 2Aug 71496.0%100.0%1396.0%23101
$82.00Jul 2Jul 24969.0%101.0%859.4%18120
$83.00Jul 2Aug 7917.0%99.0%826.3%89269
$115.00Jul 2Aug 7854.0%93.0%818.3%2.5K4.0K
$120.00Jul 2Aug 7825.0%92.0%796.7%1.4K4.7K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$81.00Jul 2Aug 71496.0%100.0%1396.0%743.5K
$82.00Jul 2Aug 7969.0%100.0%869.0%3332.7K
$83.00Jul 2Aug 7917.0%99.0%826.3%5082.3K
$115.00Jul 2Aug 7854.0%93.0%818.3%14212
$120.00Jul 2Aug 7825.0%92.0%796.7%19166

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 285 found (best R:R 9.00, avg 2.00)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$115.00$116.00Jul 31$0.10$0.90$0.109.00$115.10
$116.00$117.00Jul 10$0.12$0.88$0.127.33$116.12
$114.00$115.00Jul 10$0.14$0.86$0.146.14$114.14
$115.00$116.00Jul 10$0.14$0.86$0.146.14$115.14
$117.00$118.00Jul 17$0.14$0.86$0.146.14$117.14
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$85.00$84.00Jul 10$0.12$0.88$0.127.33$84.88
$82.00$81.00Jul 17$0.14$0.86$0.146.14$81.86
$84.00$83.00Jul 17$0.14$0.86$0.146.14$83.86
$87.00$86.00Jul 10$0.15$0.85$0.155.67$86.85
$90.00$89.00Jul 10$0.15$0.85$0.155.67$89.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 390 found (best R:R 39.00, avg 1.66)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$88.00$92.00Aug 14$3.90$3.90$0.1039.00$91.90
$82.00$83.00Jul 10$0.90$0.90$0.109.00$82.90
$86.00$87.00Jul 10$0.88$0.88$0.127.33$86.88
$82.00$83.00Jul 17$0.88$0.88$0.127.33$82.88
$87.00$88.00Jul 2$0.87$0.87$0.136.69$87.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$117.00$116.00Jul 10$0.90$0.90$0.109.00$116.10
$118.00$117.00Jul 10$0.90$0.90$0.109.00$117.10
$120.00$119.00Jul 10$0.90$0.90$0.109.00$119.10
$114.00$113.00Jul 10$0.85$0.85$0.155.67$113.15
$117.00$116.00Jul 17$0.85$0.85$0.155.67$116.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 92 found (avg debit $2.19, cheapest $0.50)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$81.00Jul 2Jul 10$0.651496.0%110.0%
$82.00Jul 2Jul 10$0.70969.0%107.0%
$120.00Jul 2Jul 10$0.77825.0%94.0%
$83.00Jul 2Jul 10$0.80917.0%106.0%
$84.00Jul 2Jul 10$0.83865.0%105.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$81.00Jul 2Jul 10$0.501496.0%110.0%
$82.00Jul 2Jul 10$0.64969.0%107.0%
$120.00Jul 2Jul 10$0.70825.0%94.0%
$83.00Jul 2Jul 10$0.73917.0%106.0%
$84.00Jul 2Jul 10$0.83865.0%105.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 239 found (cheapest 0.55% of stock, avg 17.90%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$101.00Jul 2$0.12$0.43$0.55$100.45$101.550.55%
$100.00Jul 2$0.85$0.04$0.89$99.11$100.890.88%
$102.00Jul 2$0.02$1.26$1.28$100.72$103.281.27%
$99.00Jul 2$1.71$0.01$1.72$97.28$100.721.71%
$103.00Jul 2$0.01$2.26$2.27$100.73$105.272.25%
$98.00Jul 2$2.80$0.01$2.81$95.19$100.812.79%
$104.00Jul 2$0.02$3.26$3.28$100.72$107.283.25%
$97.00Jul 2$3.83$0.01$3.84$93.16$100.843.81%
$105.00Jul 2$0.01$4.25$4.26$100.74$109.264.23%
$96.00Jul 2$4.80$0.01$4.81$91.19$100.814.77%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 146 found (cheapest 0.16% of stock, avg 16.21%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$101.00$100.00Jul 2$0.12$0.04$0.16$99.84$101.16
$106.00$98.00Jul 10$3.30$4.00$7.30$90.70$113.30
$106.00$98.50Jul 10$3.30$4.20$7.50$91.00$113.50
$105.00$98.00Jul 10$3.63$4.00$7.63$90.37$112.63
$106.00$99.00Jul 10$3.30$4.38$7.68$91.32$113.68
$105.00$98.50Jul 10$3.63$4.20$7.83$90.67$112.83
$104.00$98.00Jul 10$3.95$4.00$7.95$90.05$111.95
$105.00$99.00Jul 10$3.63$4.38$8.01$90.99$113.01
$104.00$98.50Jul 10$3.95$4.20$8.15$90.35$112.15
$106.00$100.00Jul 10$3.30$4.88$8.18$91.82$114.18

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 100 found (best R:R 9.00, avg credit $1.19)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
81/8288/89Jul 17$0.90$0.109.00$81.10$88.90
83/8488/89Jul 17$0.90$0.109.00$83.10$88.90
84/8587/88Jul 24$0.90$0.109.00$84.10$87.90
87/8889/90Jul 24$0.90$0.109.00$87.10$89.90
86/8790/91Jul 10$0.89$0.118.09$86.11$90.89
83/8485/86Jul 24$0.89$0.118.09$83.11$85.89
82/8387/88Aug 7$0.89$0.118.09$82.11$87.89
84/8588/89Aug 7$0.89$0.118.09$84.11$88.89
85/8688/89Aug 7$0.89$0.118.09$85.11$88.89
86/8788/89Jul 10$0.88$0.127.33$86.12$88.88

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 131 found (best R:R 21.73, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$110.00$115.00$120.00Aug 7$0.22$4.7821.73
$81.00$82.00$83.00Jul 10$0.05$0.9519.00
$114.00$115.00$116.00Jul 24$0.05$0.9519.00
$104.00$105.00$106.00Jul 31$0.05$0.9519.00
$116.00$117.00$118.00Jul 31$0.05$0.9519.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$81.00$82.00$83.00Jul 10$0.05$0.9519.00
$88.00$89.00$90.00Jul 10$0.05$0.9519.00
$115.00$116.00$117.00Jul 17$0.05$0.9519.00
$105.00$106.00$107.00Jul 24$0.05$0.9519.00
$89.00$90.00$91.00Aug 7$0.05$0.9519.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 23 found (best net $--, 19 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$102.00$103.001:2Jul 2$0.00$1.00
$104.00$105.001:2Jul 2$0.00$1.00
$106.00$107.001:2Jul 2$0.00$1.00
$115.00$120.001:2Aug 7-$4.08$0.92
$114.00$115.001:2Jul 2-$0.09$0.91
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$82.00$81.001:2Jul 2-$0.21$0.79
$103.00$102.001:2Jul 2-$0.26$0.74
$83.00$82.001:2Jul 10-$0.56$0.44
$82.00$81.001:2Jul 10-$0.57$0.43
$84.00$83.001:2Jul 10-$0.64$0.36

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 102 found (best yield 11.11%, avg 5.23%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$101.00Aug 7$11.200.550.2%11.11%11.34%11811
$102.00Aug 7$10.700.541.2%10.62%11.84%346
$101.00Jul 31$10.350.550.2%10.27%10.50%123101
$103.00Aug 7$10.350.532.2%10.27%12.48%274
$102.00Jul 31$9.900.541.2%9.82%11.04%6930
$104.00Aug 7$9.900.523.2%9.82%13.03%4512
$105.00Aug 7$9.650.514.2%9.58%13.77%99170
$103.00Jul 31$9.450.522.2%9.38%11.59%556
$104.00Jul 31$9.000.513.2%8.93%12.14%19028
$106.00Aug 7$8.900.495.2%8.83%14.02%8--

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 557,364
Total Puts 275,829
Put/Call Ratio 0.49
Net Difference 281,535

Prior's Put/Call Breakdown

Total Calls 374,851
Total Puts 254,529
Put/Call Ratio 0.68
Net Difference 120,322

Prior 7-Day Put/Call Summary

Total Calls 2,066,693
Total Puts 2,548,211
Average Put/Call Ratio 1.25
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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