Tour v344
MSTR
STRATEGY INC A
$94.03 -3.53%
$94.11 (+0.09%)🌙
as of 07/16 06:03 PM
7/16 18:03

Option Volume

Detail
Current (07/16) 271,851
Calls: 143,428 (53%)
Puts: 128,423 (47%)
Prior (07/15) 209,152
Calls: 117,527 (56%)
Puts: 91,625 (44%)
Current vs Prior +29.98%
Calls: +22.04% (Calls)
Puts: +40.16% (Puts)
Prior 7-Day Total 2,124,095
Calls: 1,326,142 (62%)
Puts: 797,953 (38%)
Prior 7-Day Average 303,442
Calls: 189,448 (62%)
Puts: 113,993 (38%)
Current vs Prior 7-Day Avg -10.41%
Calls: -24.29%
Puts: +12.66%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/16) $232.90M
Calls: $25.70M (11%)
Puts: $207.21M (89%)
Prior (07/15) $79.94M
Calls: $31.33M (39%)
Puts: $48.61M (61%)
Current vs Prior +191.34%
Calls: -17.98%
Puts: +326.23%
Prior 7-Day Total $810.92M
Calls: $346.84M (43%)
Puts: $464.07M (57%)
Prior 7-Day Average $115.85M
Calls: $49.55M (43%)
Puts: $66.30M (57%)
Current vs Prior 7-Day Avg +101.05%
Calls: -48.14%
Puts: +212.55%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/16) 0.90
Prior (07/15) 0.78
Current vs Prior +14.85%
Prior 7-Day Average 0.70
Current vs Prior 7-Day Avg +27.74%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/16) 2,742,387
Calls: 1,432,342 (52%)
Puts: 1,310,045 (48%)
Prior (07/15) 1,830,046
Calls: 984,180 (54%)
Puts: 845,866 (46%)
Current vs Prior +49.85%
Prior 7-Day Total 17,879,096
Calls: 9,332,526 (52%)
Puts: 8,546,570 (48%)
Prior 7-Day Average 2,554,156
Calls: 1,333,218 (52%)
Puts: 1,220,938 (48%)
Current vs Prior 7-Day Avg +7.37%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 4.52% | 10.11%4.52% | 21.78%
Prior 5.77% | 10.70%5.77% | 22.19%
Current vs Prior -21.61% | -5.49%-21.61% | -1.85%
Prior 7-Day Avg 7.08% | 12.05%9.48% | 24.25%
Current vs 7-Day Avg -36.17% | -16.04%-52.34% | -10.18%
Prior 7-Day Eod 5.77% | 10.70%5.77% | 22.19%
Current vs 7-Day Eod -21.61% | -5.49%-21.61% | -1.85%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 8.72% | 7.11%
Calls: 7.69% | 8.33%
Puts: 9.75% | 5.88%
Prior 8.31% | 9.52%
Calls: 9.62% | 9.62%
Puts: 7.00% | 9.43%
Current vs Prior +4.93% | -25.32%
Prior 7-Day Avg 9.17% | 7.65%
Calls: 9.13% | 7.86%
Puts: 9.21% | 7.45%
Current vs 7-Day Avg -4.91% | -7.08%
Liquidity Expensive
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🤖 AI Insights

Strong bearish conviction with 89% of dollar volume in puts ($207.21M) vs calls ($25.70M). Massive premium surge with dollar volume up 191% vs prior. Dollar volume significantly above 7-day average (101% higher). Rising open interest (up 50%) indicates new positions being established.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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 205 of results (avg 6.7%, best 1.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Aug 2112.2512.60$12.432.8%550.62643
$93.00Jul 244.955.10$5.033.0%490.56207
$76.00Jul 1717.9018.50$18.203.3%--0.99257
$80.00Aug 2118.3018.95$18.633.5%60.77403
$95.00Aug 219.8010.15$9.983.5%2310.541.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Aug 2116.6516.95$16.801.8%380.601.9K
$100.00Aug 2113.3013.60$13.452.2%3550.533.8K
$95.00Aug 2110.3510.65$10.502.9%6590.461.8K
$110.00Aug 2120.0520.65$20.352.9%860.665.3K
$95.00Jul 244.855.00$4.933.0%5050.511.6K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 14 found (avg $0.63, cheapest $0.20)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Jul 170.290.32$0.319.7%8.8K0.1321.8K
$99.00Jul 170.380.45$0.4216.7%5.4K0.1732.9K
$112.00Jul 240.500.56$0.5311.3%1920.10618
$98.00Jul 170.540.64$0.5916.9%2.6K0.2214.0K
$110.00Jul 240.600.71$0.6616.7%2.9K0.122.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$88.00Jul 170.190.21$0.2010.0%2490.091.4K
$90.00Jul 170.410.48$0.4415.9%3.4K0.1712.2K
$91.00Jul 170.590.72$0.6619.7%4450.24817
$82.00Jul 240.690.81$0.7516.0%2040.12408
$92.00Jul 170.880.97$0.939.7%7150.311.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 189 found (avg delta 0.70, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$76.00Jul 1717.9018.50$18.203.3%--0.99257
$79.00Jul 1714.8015.50$15.154.6%10.9977
$80.00Jul 1713.8014.50$14.154.9%250.98350
$78.00Jul 1715.8016.50$16.154.3%10.98165
$77.00Jul 1716.8017.50$17.154.1%10.98431
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Jul 1710.8011.25$11.034.1%2361.001.9K
$106.00Jul 1711.5512.25$11.905.9%61.0084
$107.00Jul 1712.5513.25$12.905.4%61.0095
$108.00Jul 1713.5514.25$13.905.0%11.00182
$109.00Jul 1714.5515.30$14.935.0%--1.00155

Most actively traded options today. High liquidity = easy entry/exit. 352 active (total vol 144.3K, top 8.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Jul 170.290.32$0.319.7%8.8K0.1321.8K
$105.00Jul 170.050.07$0.0633.3%8.0K0.0338.5K
$99.00Jul 170.380.45$0.4216.7%5.4K0.1732.9K
$104.00Jul 241.351.53$1.4412.5%5.2K0.23366
$95.00Jul 171.331.49$1.4111.3%5.0K0.433.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Jul 240.440.56$0.5024.0%5.0K0.098.3K
$95.00Jul 172.242.50$2.3711.0%4.2K0.576.1K
$90.00Jul 170.410.48$0.4415.9%3.4K0.1712.2K
$86.00Jul 241.311.48$1.4012.1%3.3K0.21152
$93.00Jul 171.251.36$1.318.4%3.0K0.391.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 73 strikes (avg 35.1%, max 124.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$76.00Jul 17Jul 24186.2%90.1%106.8%--283
$80.00Jul 17Aug 28154.7%84.5%83.1%26362
$82.00Jul 17Jul 24150.5%84.7%77.6%--83
$112.00Jul 17Jul 31154.5%89.0%73.7%2871.4K
$111.00Jul 17Jul 31144.7%88.8%62.9%249946
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$77.00Jul 17Jul 24206.7%92.0%124.6%2771.7K
$78.00Jul 17Jul 24183.1%88.2%107.7%2331.9K
$76.00Jul 17Jul 24186.2%90.1%106.8%842.2K
$79.00Jul 17Jul 24162.2%88.1%84.2%1472.0K
$80.00Jul 17Aug 28154.7%84.5%83.1%1.5K15.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 213 found (best R:R 9.00, avg 1.91)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$98.00$99.00Aug 14$0.10$0.90$0.109.00$98.10
$99.00$100.00Jul 17$0.11$0.89$0.118.09$99.11
$105.00$106.00Jul 24$0.12$0.88$0.127.33$105.12
$110.00$111.00Jul 31$0.12$0.88$0.127.33$110.12
$108.00$109.00Jul 24$0.14$0.86$0.146.14$108.14
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$90.00$89.00Jul 17$0.14$0.86$0.146.14$89.86
$81.00$80.00Jul 31$0.15$0.85$0.155.67$80.85
$82.00$81.00Jul 24$0.16$0.84$0.165.25$81.84
$84.00$83.00Jul 24$0.16$0.84$0.165.25$83.84
$83.00$82.00Aug 7$0.17$0.83$0.174.88$82.83

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 288 found (best R:R 15.00, avg 1.61)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$76.00$80.00Jul 24$3.75$3.75$0.2515.00$79.75
$80.00$82.00Jul 24$1.78$1.78$0.228.09$81.78
$87.00$88.00Jul 17$0.88$0.88$0.127.33$87.88
$84.00$85.00Jul 31$0.88$0.88$0.127.33$84.88
$86.00$87.00Aug 28$0.87$0.87$0.136.69$86.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$106.00$105.00Jul 24$0.88$0.88$0.127.33$105.12
$107.00$106.00Jul 31$0.88$0.88$0.127.33$106.12
$106.00$105.00Jul 17$0.87$0.87$0.136.69$105.13
$112.00$111.00Jul 31$0.87$0.87$0.136.69$111.13
$108.00$107.00Aug 7$0.87$0.87$0.136.69$107.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 77 found (avg debit $1.54, cheapest $0.23)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$76.00Jul 17Jul 24$0.28186.2%90.1%
$112.00Jul 17Jul 24$0.50154.5%87.2%
$80.00Jul 17Jul 24$0.58154.7%85.0%
$111.00Jul 17Jul 24$0.60144.7%87.9%
$110.00Jul 17Jul 24$0.64131.2%85.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$76.00Jul 17Jul 24$0.23186.2%90.1%
$77.00Jul 17Jul 24$0.27206.7%92.0%
$78.00Jul 17Jul 24$0.31183.1%88.2%
$79.00Jul 17Jul 24$0.42162.2%88.1%
$112.00Jul 17Jul 24$0.43154.5%87.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 180 found (cheapest 3.86% of stock, avg 15.75%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$94.00Jul 17$1.88$1.75$3.63$90.37$97.633.86%
$93.50Jul 17$2.12$1.52$3.64$89.86$97.143.87%
$95.00Jul 17$1.41$2.37$3.78$91.22$98.784.02%
$93.00Jul 17$2.48$1.31$3.79$89.21$96.794.03%
$92.50Jul 17$2.76$1.08$3.84$88.66$96.344.08%
$96.00Jul 17$1.04$2.93$3.97$92.03$99.974.22%
$92.00Jul 17$3.05$0.93$3.98$88.02$95.984.23%
$91.50Jul 17$3.43$0.75$4.18$87.32$95.684.45%
$96.50Jul 17$0.95$3.33$4.28$92.22$100.784.55%
$97.00Jul 17$0.79$3.63$4.42$92.58$101.424.70%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 162 found (cheapest 1.71% of stock, avg 12.42%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$97.50$92.00Jul 17$0.68$0.93$1.61$90.39$99.11
$97.00$92.00Jul 17$0.79$0.93$1.72$90.28$98.72
$97.50$92.50Jul 17$0.68$1.08$1.76$90.74$99.26
$97.00$92.50Jul 17$0.79$1.08$1.87$90.63$98.87
$96.50$92.00Jul 17$0.95$0.93$1.88$90.12$98.38
$96.00$92.00Jul 17$1.04$0.93$1.97$90.03$97.97
$97.50$93.00Jul 17$0.68$1.31$1.99$91.01$99.49
$96.50$92.50Jul 17$0.95$1.08$2.03$90.47$98.53
$97.00$93.00Jul 17$0.79$1.31$2.10$90.90$99.10
$96.00$92.50Jul 17$1.04$1.08$2.12$90.38$98.12

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 114 found (best R:R 24.00, avg credit $1.23)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
80/8296/99Aug 28$2.88$0.1224.00$79.12$98.88
90/9196/99Aug 28$2.87$0.1322.08$88.13$98.87
84/85100/103Aug 28$2.85$0.1519.00$82.15$102.85
80/8291/92Aug 28$1.82$0.1810.11$80.18$92.82
84/8589/90Jul 24$0.89$0.118.09$84.11$89.89
85/8687/88Jul 24$0.89$0.118.09$85.11$87.89
81/8287/88Jul 31$0.89$0.118.09$81.11$87.89
82/8390/91Jul 31$0.89$0.118.09$82.11$90.89
84/8590/91Jul 31$0.89$0.118.09$84.11$90.89
88/8993/94Aug 14$0.89$0.118.09$88.11$93.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 118 found (best R:R 24.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$94.00$95.00$96.00Jul 24$0.05$0.9519.00
$109.00$110.00$111.00Jul 24$0.05$0.9519.00
$94.00$95.00$96.00Jul 31$0.05$0.9519.00
$100.00$105.00$110.00Aug 21$0.27$4.7317.52
$108.00$109.00$110.00Jul 24$0.06$0.9415.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$100.00$105.00$110.00Aug 21$0.20$4.8024.00
$79.00$80.00$81.00Jul 24$0.05$0.9519.00
$94.00$95.00$96.00Jul 31$0.05$0.9519.00
$96.00$97.00$98.00Aug 7$0.05$0.9519.00
$87.00$88.00$89.00Jul 17$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. 41 found (best net $-2.55, 41 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$105.00$110.001:2Aug 21-$3.62$1.38
$105.00$106.001:2Jul 17$0.00$1.00
$106.00$107.001:2Jul 17-$0.05$0.95
$101.00$102.001:2Jul 17-$0.07$0.93
$102.00$103.001:2Jul 17-$0.07$0.93
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$85.00$80.001:2Aug 21-$2.55$2.45
$90.00$85.001:2Aug 21-$3.77$1.23
$81.00$80.001:2Jul 17-$0.05$0.95
$86.00$85.001:2Jul 17-$0.06$0.94
$79.00$78.001:2Jul 17-$0.08$0.92

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 99 found (best yield 10.42%, avg 4.09%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$95.00Aug 21$9.800.541.0%10.42%11.45%2311.4K
$95.00Aug 28$9.650.541.0%10.26%11.29%126
$100.00Aug 28$8.600.476.3%9.15%15.50%20135
$95.00Aug 14$8.350.531.0%8.88%9.91%14092
$99.00Aug 28$8.050.495.3%8.56%13.85%411
$96.00Aug 14$8.000.522.1%8.51%10.60%10726
$100.00Aug 21$7.800.476.3%8.30%14.64%2794.9K
$96.00Aug 28$7.750.532.1%8.24%10.34%15
$95.00Aug 7$7.600.531.0%8.08%9.11%44213
$96.00Aug 7$7.200.512.1%7.66%9.75%4573

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 143,428
Total Puts 128,423
Put/Call Ratio 0.90
Net Difference 15,005

Prior's Put/Call Breakdown

Total Calls 117,527
Total Puts 91,625
Put/Call Ratio 0.78
Net Difference 25,902

Prior 7-Day Put/Call Summary

Total Calls 1,326,142
Total Puts 797,953
Average Put/Call Ratio 0.70
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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