Tour v292
MSTR
STRATEGY INC A
$100.77 +0.00%
$102.96 (+2.17%)🌙
as of 07/06 06:02 PM
7/6 18:02

Option Volume

Detail
Current (07/06) 338,930
Calls: 198,704 (59%)
Puts: 140,226 (41%)
Prior (07/02) 833,193
Calls: 557,364 (67%)
Puts: 275,829 (33%)
Current vs Prior -59.32%
Calls: -64.35% (Calls)
Puts: -49.16% (Puts)
Prior 7-Day Total 4,224,385
Calls: 2,056,507 (49%)
Puts: 2,167,878 (51%)
Prior 7-Day Average 704,064
Calls: 293,786 (49%)
Puts: 309,696 (51%)
Current vs Prior 7-Day Avg -51.86%
Calls: -32.36%
Puts: -54.72%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/06) $168.94M
Calls: $113.91M (67%)
Puts: $55.03M (33%)
Prior (07/02) $348.16M
Calls: $272.35M (78%)
Puts: $75.81M (22%)
Current vs Prior -51.48%
Calls: -58.17%
Puts: -27.41%
Prior 7-Day Total $2.28B
Calls: $757.75M (33%)
Puts: $1.52B (67%)
Prior 7-Day Average $379.87M
Calls: $108.25M (33%)
Puts: $217.35M (67%)
Current vs Prior 7-Day Avg -55.53%
Calls: +5.23%
Puts: -74.68%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/06) 0.71
Prior (07/02) 0.49
Current vs Prior +42.60%
Prior 7-Day Average 1.18
Current vs Prior 7-Day Avg -40.11%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/06) 2,555,158
Calls: 1,319,654 (52%)
Puts: 1,235,504 (48%)
Prior (07/02) 2,785,646
Calls: 1,454,142 (52%)
Puts: 1,331,504 (48%)
Current vs Prior -8.27%
Prior 7-Day Total 15,522,710
Calls: 7,955,150 (51%)
Puts: 7,567,560 (49%)
Prior 7-Day Average 2,587,118
Calls: 1,325,858 (51%)
Puts: 1,261,260 (49%)
Current vs Prior 7-Day Avg -1.24%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 9.93% | 14.67%14.67% | 29.88%
Prior 11.09% | 15.26%-- | --
Current vs Prior -10.47% | -3.90%-- | --
Prior 7-Day Avg 8.46% | 13.87%-- | --
Current vs 7-Day Avg +17.38% | +5.74%-- | --
Prior 7-Day Eod 11.09% | 15.26%-- | --
Current vs 7-Day Eod -10.47% | -3.90%-- | --
Sentiment BULLISH--

Relative Spread

Detail
Expiry | Next
Current 5.94% | 6.43%
Calls: 4.83% | 6.02%
Puts: 7.04% | 6.85%
Prior 16.56% | 6.05%
Calls: 15.31% | 5.95%
Puts: 17.81% | 6.16%
Current vs Prior -64.13% | +6.28%
Prior 7-Day Avg 7.25% | 6.77%
Calls: 7.12% | 7.62%
Puts: 7.38% | 5.93%
Current vs 7-Day Avg -18.03% | -5.07%
Liquidity Pricy
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🤖 AI Insights

Moderately bullish flow with 67% call dollar volume ($113.91M). Light premium activity with dollar volume down 51% vs prior. Below-average activity with volume down 59% vs prior. P/C ratio rising 43% - increased hedging/bearish positioning.

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

📈 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 199 of results (avg 6.9%, best 2.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$101.00Jul 177.007.20$7.102.8%3380.53502
$100.00Jul 105.155.30$5.232.9%7.7K0.569.3K
$105.00Jul 103.053.15$3.103.2%7.4K0.3915.9K
$102.00Jul 104.204.35$4.283.5%5.9K0.498.0K
$81.00Jul 1720.9021.75$21.334.0%440.898
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Jul 101.221.25$1.232.4%16.1K0.175.3K
$110.00Jul 1712.5512.90$12.732.7%450.664.8K
$112.00Jul 1714.0514.45$14.252.8%80.6922
$93.00Jul 101.821.88$1.853.2%5130.24566
$118.00Jul 1718.5519.20$18.883.4%100.7834

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 8 found (avg $0.73, cheapest $0.54)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Jul 100.520.56$0.547.4%11.7K0.109.6K
$119.00Jul 100.590.68$0.6414.1%8090.11892
$118.00Jul 100.650.78$0.7218.1%6670.12403
$117.00Jul 100.720.87$0.8018.8%4020.13547
$116.00Jul 100.850.90$0.885.7%7880.14441
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Jul 100.510.62$0.5619.6%3.5K0.096.9K
$87.00Jul 100.730.83$0.7812.8%4520.12413
$88.00Jul 100.871.01$0.9414.9%6280.13571

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 215 found (avg delta 0.68, highest 0.95)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$81.00Jul 1019.6020.65$20.135.2%--0.9512
$82.00Jul 1018.6519.70$19.175.5%30.9544
$83.00Jul 1017.9518.75$18.354.4%40.9488
$84.00Jul 1017.0517.85$17.454.6%120.93825
$85.00Jul 1016.1016.90$16.504.8%540.92578
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Jul 1019.2020.05$19.634.3%700.90759
$119.00Jul 1018.2519.35$18.805.9%--0.8945
$118.00Jul 1017.3518.20$17.774.8%10.8828
$117.00Jul 1016.4017.30$16.855.3%20.8723
$116.00Jul 1015.5016.55$16.026.6%20.8650

Most actively traded options today. High liquidity = easy entry/exit. 409 active (total vol 151.7K, top 16.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Jul 100.520.56$0.547.4%11.7K0.109.6K
$100.00Jul 105.155.30$5.232.9%7.7K0.569.3K
$105.00Jul 103.053.15$3.103.2%7.4K0.3915.9K
$110.00Jul 101.741.84$1.795.6%6.8K0.264.9K
$102.00Jul 104.204.35$4.283.5%5.9K0.498.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Jul 101.221.25$1.232.4%16.1K0.175.3K
$95.00Jul 102.322.45$2.385.5%7.8K0.291.8K
$100.00Jul 104.104.40$4.257.1%4.9K0.456.7K
$85.00Jul 100.510.62$0.5619.6%3.5K0.096.9K
$90.00Jul 172.753.05$2.9010.3%2.5K0.246.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 92 strikes (avg 20.5%, max 28.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$81.00Jul 10Aug 7135.2%105.0%28.7%--71
$83.00Jul 10Aug 7130.6%103.8%25.7%4110
$90.00Jul 10Aug 14123.6%98.4%25.6%6672.3K
$85.00Jul 10Aug 7128.0%102.2%25.3%54606
$88.00Jul 10Aug 7126.4%101.0%25.2%35346
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$81.00Jul 10Aug 7135.2%105.0%28.7%64279
$87.00Jul 10Aug 14126.1%98.6%27.8%455413
$85.00Jul 10Aug 14128.0%100.7%27.2%3.5K6.9K
$83.00Jul 10Aug 7130.6%103.8%25.7%4362.3K
$86.00Jul 10Aug 14125.4%99.8%25.6%3864.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 291 found (best R:R 9.00, avg 2.11)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$115.00$116.00Jul 31$0.10$0.90$0.109.00$115.10
$114.00$115.00Jul 10$0.12$0.88$0.127.33$114.12
$113.00$114.00Jul 10$0.13$0.87$0.136.69$113.13
$115.00$116.00Jul 10$0.13$0.87$0.136.69$115.13
$115.00$116.00Jul 17$0.13$0.87$0.136.69$115.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$91.00$90.00Jul 10$0.12$0.88$0.127.33$90.88
$82.00$81.00Jul 24$0.12$0.88$0.127.33$81.88
$87.00$86.00Jul 10$0.14$0.86$0.146.14$86.86
$89.00$88.00Jul 10$0.14$0.86$0.146.14$88.86
$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. 399 found (best R:R 9.00, avg 1.53)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$87.00$88.00Jul 10$0.88$0.88$0.127.33$87.88
$82.00$83.00Jul 17$0.88$0.88$0.127.33$82.88
$85.00$86.00Jul 17$0.88$0.88$0.127.33$85.88
$89.00$90.00Aug 14$0.88$0.88$0.127.33$89.88
$86.00$87.00Jul 10$0.87$0.87$0.136.69$86.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$120.00$119.00Jul 24$0.90$0.90$0.109.00$119.10
$112.00$111.00Jul 31$0.90$0.90$0.109.00$111.10
$110.00$109.00Jul 10$0.88$0.88$0.127.33$109.12
$119.00$118.00Jul 24$0.88$0.88$0.127.33$118.12
$106.00$105.00Jul 31$0.87$0.87$0.136.69$105.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 92 found (avg debit $1.81, cheapest $0.93)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$83.00Jul 10Jul 17$1.15130.6%113.8%
$120.00Jul 10Jul 17$1.19121.6%103.4%
$81.00Jul 10Jul 17$1.20135.2%115.7%
$84.00Jul 10Jul 17$1.20128.5%113.5%
$82.00Jul 10Jul 17$1.21130.8%116.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$81.00Jul 10Jul 17$0.93135.2%115.7%
$119.00Jul 10Jul 17$1.05122.4%104.4%
$120.00Jul 10Jul 17$1.07121.6%103.4%
$82.00Jul 10Jul 17$1.09130.8%116.1%
$83.00Jul 10Jul 17$1.11130.6%113.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 210 found (cheapest 9.41% of stock, avg 19.18%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$100.00Jul 10$5.23$4.25$9.48$90.52$109.489.41%
$101.00Jul 10$4.75$4.78$9.53$91.47$110.539.46%
$102.00Jul 10$4.28$5.40$9.68$92.32$111.689.61%
$99.00Jul 10$5.90$3.85$9.75$89.25$108.759.68%
$98.50Jul 10$6.20$3.60$9.80$88.70$108.309.73%
$103.00Jul 10$3.93$5.88$9.81$93.19$112.819.74%
$98.00Jul 10$6.48$3.50$9.98$88.02$107.989.90%
$97.00Jul 10$6.95$3.06$10.01$86.99$107.019.93%
$97.50Jul 10$6.78$3.23$10.01$87.49$107.519.93%
$104.00Jul 10$3.58$6.58$10.16$93.84$114.1610.08%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 6.28% of stock, avg 16.10%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$106.00$98.00Jul 10$2.83$3.50$6.33$91.67$112.33
$106.00$98.50Jul 10$2.83$3.60$6.43$92.07$112.43
$105.00$98.00Jul 10$3.10$3.50$6.60$91.40$111.60
$106.00$99.00Jul 10$2.83$3.85$6.68$92.32$112.68
$105.00$98.50Jul 10$3.10$3.60$6.70$91.80$111.70
$105.00$99.00Jul 10$3.10$3.85$6.95$92.05$111.95
$104.00$98.00Jul 10$3.58$3.50$7.08$90.92$111.08
$106.00$100.00Jul 10$2.83$4.25$7.08$92.92$113.08
$104.00$98.50Jul 10$3.58$3.60$7.18$91.32$111.18
$105.00$100.00Jul 10$3.10$4.25$7.35$92.65$112.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 127 found (best R:R 17.75, avg credit $0.98)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
87/9096/99Aug 14$2.84$0.1617.75$87.16$98.84
87/9092/95Aug 14$2.77$0.2312.04$87.23$94.77
81/8287/88Jul 24$0.90$0.109.00$81.10$87.90
83/8489/90Jul 31$0.90$0.109.00$83.10$89.90
82/8391/92Aug 7$0.90$0.109.00$82.10$91.90
83/8486/87Aug 7$0.90$0.109.00$83.10$86.90
83/8488/89Aug 7$0.90$0.109.00$83.10$88.90
83/8489/90Aug 7$0.90$0.109.00$83.10$89.90
82/8389/90Jul 24$0.89$0.118.09$82.11$89.89
82/8391/92Jul 31$0.89$0.118.09$82.11$91.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 137 found (best R:R 44.45, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$108.00$109.00$110.00Jul 10$0.05$0.9519.00
$115.00$116.00$117.00Jul 10$0.05$0.9519.00
$103.00$104.00$105.00Jul 24$0.05$0.9519.00
$97.00$98.00$99.00Jul 31$0.05$0.9519.00
$98.00$99.00$100.00Aug 7$0.05$0.9519.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$110.00$115.00$120.00Aug 14$0.11$4.8944.45
$111.00$112.00$113.00Jul 10$0.05$0.9519.00
$85.00$86.00$87.00Jul 17$0.05$0.9519.00
$87.00$88.00$89.00Aug 7$0.05$0.9519.00
$85.00$86.00$87.00Jul 10$0.06$0.9415.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 17 found (best net $-3.88, 17 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$115.00$120.001:2Aug 7-$3.88$1.12
$119.00$120.001:2Jul 10-$0.44$0.56
$118.00$119.001:2Jul 10-$0.56$0.44
$117.00$118.001:2Jul 10-$0.64$0.36
$116.00$117.001:2Jul 10-$0.72$0.28
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$83.00$82.001:2Jul 10-$0.27$0.73
$82.00$81.001:2Jul 10-$0.30$0.70
$84.00$83.001:2Jul 10-$0.35$0.65
$85.00$84.001:2Jul 10-$0.38$0.62
$86.00$85.001:2Jul 10-$0.48$0.52

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 104 found (best yield 11.86%, avg 5.38%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$101.00Aug 14$11.950.560.2%11.86%12.09%143
$102.00Aug 14$11.650.561.2%11.56%12.78%1523
$103.00Aug 14$11.150.542.2%11.06%13.28%87
$101.00Aug 7$10.900.560.2%10.82%11.04%1966
$104.00Aug 14$10.500.533.2%10.42%13.63%191
$102.00Aug 7$10.250.551.2%10.17%11.39%3531
$105.00Aug 14$10.100.524.2%10.02%14.22%7359
$101.00Jul 31$10.000.550.2%9.92%10.15%35160
$103.00Aug 7$9.850.542.2%9.77%11.99%1720
$106.00Aug 14$9.850.515.2%9.77%14.96%509

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 198,704
Total Puts 140,226
Put/Call Ratio 0.71
Net Difference 58,478

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 2,056,507
Total Puts 2,167,878
Average Put/Call Ratio 1.18
Ratio Trend Rising

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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