Tour v366
MSTR
STRATEGY INC A
$97.82 +3.13%
$97.91 (+0.09%)🌙
as of 07/20 06:04 PM
7/20 18:04

Option Volume

Detail
Current (07/20) 187,548
Calls: 111,651 (60%)
Puts: 75,897 (40%)
Prior (07/17) 643,386
Calls: 455,540 (71%)
Puts: 187,846 (29%)
Current vs Prior -70.85%
Calls: -75.49% (Calls)
Puts: -59.60% (Puts)
Prior 7-Day Total 2,519,369
Calls: 1,616,229 (64%)
Puts: 903,140 (36%)
Prior 7-Day Average 359,909
Calls: 230,889 (64%)
Puts: 129,020 (36%)
Current vs Prior 7-Day Avg -47.89%
Calls: -51.64%
Puts: -41.17%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/20) $85.13M
Calls: $36.92M (43%)
Puts: $48.20M (57%)
Prior (07/17) $212.59M
Calls: $139.15M (65%)
Puts: $73.45M (35%)
Current vs Prior -59.96%
Calls: -73.47%
Puts: -34.37%
Prior 7-Day Total $1.09B
Calls: $434.92M (40%)
Puts: $650.45M (60%)
Prior 7-Day Average $155.05M
Calls: $62.13M (40%)
Puts: $92.92M (60%)
Current vs Prior 7-Day Avg -45.10%
Calls: -40.57%
Puts: -48.12%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/20) 0.68
Prior (07/17) 0.41
Current vs Prior +64.85%
Prior 7-Day Average 0.69
Current vs Prior 7-Day Avg -1.12%
Sentiment BULLISH

Open Interest

Detail
Current (07/20) 2,392,597
Calls: 1,231,948 (51%)
Puts: 1,160,649 (49%)
Prior (07/17) 2,792,549
Calls: 1,457,869 (52%)
Puts: 1,334,680 (48%)
Current vs Prior -14.32%
Prior 7-Day Total 18,097,971
Calls: 9,469,008 (52%)
Puts: 8,628,963 (48%)
Prior 7-Day Average 2,585,424
Calls: 1,352,715 (52%)
Puts: 1,232,709 (48%)
Current vs Prior 7-Day Avg -7.46%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 7.73% | 12.35%20.27% | 27.61%
Prior 9.41% | 13.98%1.05% | 21.12%
Current vs Prior -17.91% | -11.66%+1822.78% | +30.75%
Prior 7-Day Avg 6.95% | 11.85%6.64% | 22.83%
Current vs 7-Day Avg +11.14% | +4.22%+205.29% | +20.97%
Prior 7-Day Eod 9.41% | 13.98%1.05% | 21.12%
Current vs 7-Day Eod -17.91% | -11.66%+1822.78% | +30.75%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 9.08% | 5.33%
Calls: 9.02% | 5.71%
Puts: 9.14% | 4.96%
Prior 20.34% | 6.71%
Calls: 22.81% | 7.83%
Puts: 17.86% | 5.59%
Current vs Prior -55.36% | -20.57%
Prior 7-Day Avg 11.16% | 7.22%
Calls: 11.62% | 7.64%
Puts: 10.70% | 6.79%
Current vs 7-Day Avg -18.62% | -26.13%
Liquidity Pricy
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🤖 AI Insights

Light premium activity with dollar volume down 60% vs prior. Below-average activity with volume down 71% vs prior. Bullish P/C ratio of 0.68. P/C ratio rising 65% - increased hedging/bearish positioning.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BEARISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
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 214 of results (avg 6.5%, best 2.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$99.00Jul 315.405.55$5.482.7%1930.50335
$85.00Aug 2117.2017.70$17.452.9%70.75617
$102.00Jul 242.002.07$2.043.4%1.9K0.3533.6K
$97.50Jul 243.753.90$3.833.9%4870.532.3K
$97.50Aug 219.9010.30$10.104.0%350.56--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Aug 2113.6514.05$13.852.9%380.561.8K
$115.00Aug 2120.7021.35$21.033.1%140.693.5K
$110.00Aug 2116.9517.50$17.233.2%900.635.3K
$100.00Aug 2110.6511.05$10.853.7%6210.484.1K
$104.00Aug 2112.9513.45$13.203.8%270.54--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 11 found (avg $0.63, cheapest $0.25)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Jul 240.240.26$0.258.0%2.8K0.062.0K
$112.00Jul 240.380.45$0.4216.7%1.1K0.10869
$111.00Jul 240.450.53$0.4916.3%7400.11671
$110.00Jul 240.520.58$0.5510.9%8.1K0.123.6K
$109.00Jul 240.590.72$0.6619.7%4720.14401
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$86.00Jul 240.410.48$0.4415.9%980.096.1K
$88.00Jul 240.620.70$0.6612.1%3630.131.2K
$89.00Jul 240.700.85$0.7719.5%7110.15520
$79.00Jul 310.710.86$0.7819.2%150.096
$90.00Jul 240.941.02$0.988.2%2.6K0.183.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 177 found (avg delta 0.68, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Jul 2417.5518.30$17.934.2%110.97215
$79.00Jul 2418.5519.30$18.934.0%--0.9743
$82.00Jul 2415.6016.35$15.984.7%420.9638
$81.00Jul 2416.5517.35$16.954.7%10.952
$83.00Jul 2414.6515.40$15.035.0%--0.9517
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$117.00Jul 2419.0019.80$19.404.1%660.9396
$116.00Jul 2418.0018.85$18.434.6%450.9229
$115.00Jul 2417.0517.85$17.454.6%160.92573
$114.00Jul 2416.1016.90$16.504.8%400.92103
$113.00Jul 2415.1515.95$15.555.1%410.9194

Most actively traded options today. High liquidity = easy entry/exit. 354 active (total vol 100.1K, top 8.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Jul 240.520.58$0.5510.9%8.1K0.123.6K
$100.00Jul 242.642.76$2.704.4%7.6K0.4312.2K
$103.00Jul 241.701.77$1.744.0%4.2K0.3110.6K
$98.00Jul 243.503.70$3.605.6%4.1K0.5113.4K
$105.00Jul 241.211.30$1.257.2%4.0K0.242.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Jul 242.362.47$2.424.5%5.3K0.362.4K
$90.00Jul 240.941.02$0.988.2%2.6K0.183.9K
$92.00Jul 241.341.55$1.4514.5%2.4K0.251.6K
$85.00Jul 240.300.40$0.3528.6%1.9K0.073.5K
$80.00Jul 240.110.17$0.1442.9%1.2K0.0312.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 84 strikes (avg 9.2%, max 25.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$80.00Jul 24Aug 28107.7%86.2%25.0%15229
$81.00Jul 24Aug 7111.5%93.2%19.7%161
$79.00Jul 24Jul 31116.2%99.9%16.3%6043
$82.00Jul 24Aug 21102.4%88.9%15.2%4338
$86.00Jul 24Aug 2897.6%84.7%15.2%26304
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$81.00Jul 24Aug 21111.5%89.0%25.2%44551
$80.00Jul 24Aug 28107.7%86.2%25.0%1.2K12.4K
$83.00Jul 24Aug 28101.0%85.2%18.6%65378
$79.00Jul 24Jul 31116.2%99.9%16.3%481.6K
$86.00Jul 24Aug 2897.6%84.7%15.2%1126.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 259 found (best R:R 8.09, avg 2.00)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$107.00$108.00Jul 24$0.11$0.89$0.118.09$107.11
$109.00$110.00Jul 24$0.11$0.89$0.118.09$109.11
$113.00$114.00Jul 31$0.11$0.89$0.118.09$113.11
$108.00$109.00Jul 24$0.12$0.88$0.127.33$108.12
$115.00$116.00Jul 31$0.12$0.88$0.127.33$115.12
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$89.00$88.00Jul 24$0.11$0.89$0.118.09$88.89
$81.00$80.00Jul 31$0.14$0.86$0.146.14$80.86
$86.00$85.00Jul 31$0.14$0.86$0.146.14$85.86
$81.00$80.00Aug 7$0.14$0.86$0.146.14$80.86
$83.00$82.00Aug 7$0.14$0.86$0.146.14$82.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 329 found (best R:R 9.00, avg 1.43)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$79.00$80.00Jul 31$0.90$0.90$0.109.00$79.90
$81.00$82.00Jul 31$0.90$0.90$0.109.00$81.90
$80.00$81.00Jul 31$0.87$0.87$0.136.69$80.87
$80.00$81.00Aug 7$0.86$0.86$0.146.14$80.86
$87.00$88.00Jul 24$0.85$0.85$0.155.67$87.85
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$108.00$107.00Jul 24$0.88$0.88$0.127.33$107.12
$117.00$116.00Jul 31$0.88$0.88$0.127.33$116.12
$106.00$105.00Aug 28$0.88$0.88$0.127.33$105.12
$106.00$105.00Jul 24$0.87$0.87$0.136.69$105.13
$114.00$113.00Jul 31$0.87$0.87$0.136.69$113.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 84 found (avg debit $1.67, cheapest $0.62)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$79.00Jul 24Jul 31$0.72116.2%99.9%
$80.00Jul 24Jul 31$0.82107.7%97.7%
$81.00Jul 24Jul 31$0.93111.5%97.4%
$117.00Jul 24Jul 31$0.97100.0%93.2%
$82.00Jul 24Jul 31$1.00102.4%95.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$79.00Jul 24Jul 31$0.62116.2%99.9%
$80.00Jul 24Jul 31$0.71107.7%97.7%
$81.00Jul 24Jul 31$0.77111.5%97.4%
$117.00Jul 24Jul 31$0.83100.0%93.2%
$82.00Jul 24Jul 31$0.89102.4%95.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 173 found (cheapest 7.49% of stock, avg 16.81%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$97.50Jul 24$3.83$3.50$7.33$90.17$104.837.49%
$98.00Jul 24$3.60$3.73$7.33$90.67$105.337.49%
$98.50Jul 24$3.38$4.00$7.38$91.12$105.887.54%
$97.00Jul 24$4.13$3.28$7.41$89.59$104.417.58%
$96.50Jul 24$4.35$3.07$7.42$89.08$103.927.59%
$99.00Jul 24$3.13$4.33$7.46$91.54$106.467.63%
$96.00Jul 24$4.65$2.83$7.48$88.52$103.487.65%
$100.00Jul 24$2.70$4.85$7.55$92.45$107.557.72%
$95.00Jul 24$5.20$2.42$7.62$87.38$102.627.79%
$101.00Jul 24$2.34$5.53$7.87$93.13$108.878.05%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 4.98% of stock, avg 13.92%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$102.00$96.00Jul 24$2.04$2.83$4.87$91.13$106.87
$102.00$96.50Jul 24$2.04$3.07$5.11$91.39$107.11
$101.00$96.00Jul 24$2.34$2.83$5.17$90.83$106.17
$102.00$97.00Jul 24$2.04$3.28$5.32$91.68$107.32
$101.00$96.50Jul 24$2.34$3.07$5.41$91.09$106.41
$100.00$96.00Jul 24$2.70$2.83$5.53$90.47$105.53
$102.00$97.50Jul 24$2.04$3.50$5.54$91.96$107.54
$101.00$97.00Jul 24$2.34$3.28$5.62$91.38$106.62
$100.00$96.50Jul 24$2.70$3.07$5.77$90.73$105.77
$102.00$98.00Jul 24$2.04$3.73$5.77$92.23$107.77

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 177 found (best R:R 19.00, avg credit $1.05)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
80/8290/92Aug 28$1.90$0.1019.00$80.10$91.90
80/8287/90Aug 28$2.84$0.1617.75$79.16$89.84
83/8488/89Jul 31$0.90$0.109.00$83.10$88.90
81/8287/88Aug 7$0.90$0.109.00$81.10$87.90
84/8587/88Aug 7$0.90$0.109.00$84.10$87.90
83/8497/98Aug 14$0.90$0.109.00$83.10$97.90
84/8597/98Aug 14$0.90$0.109.00$84.10$97.90
85/8692/93Aug 14$0.90$0.109.00$85.10$92.90
89/9091/92Aug 14$0.90$0.109.00$89.10$91.90
84/8594/95Aug 28$0.90$0.109.00$84.10$94.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 111 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$83.00$84.00$85.00Jul 24$0.05$0.9519.00
$86.00$87.00$88.00Jul 24$0.05$0.9519.00
$90.00$91.00$92.00Jul 24$0.05$0.9519.00
$106.00$107.00$108.00Jul 24$0.05$0.9519.00
$91.00$92.00$93.00Aug 14$0.05$0.9519.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$89.00$90.00$91.00Jul 31$0.05$0.9519.00
$103.00$104.00$105.00Jul 31$0.05$0.9519.00
$109.00$110.00$111.00Jul 31$0.05$0.9519.00
$114.00$115.00$116.00Jul 31$0.05$0.9519.00
$92.00$93.00$94.00Aug 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. 35 found (best net $-1.30, 35 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$110.00$115.001:2Aug 7-$1.30$3.70
$110.00$115.001:2Aug 14-$2.12$2.88
$110.00$115.001:2Aug 21-$2.90$2.10
$105.00$110.001:2Aug 21-$3.77$1.23
$116.00$117.001:2Jul 24-$0.16$0.84
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$81.00$80.001:2Jul 24-$0.06$0.94
$83.00$82.001:2Jul 24-$0.14$0.86
$80.00$79.001:2Jul 24-$0.18$0.82
$85.00$84.001:2Jul 24-$0.19$0.81
$84.00$83.001:2Jul 24-$0.21$0.79

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 93 found (best yield 10.12%, avg 4.61%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$98.00Aug 28$9.900.550.2%10.12%10.30%28
$98.00Aug 21$9.700.550.2%9.92%10.10%113--
$99.00Aug 28$9.550.541.2%9.76%10.97%323
$98.50Aug 21$9.500.540.7%9.71%10.41%11--
$100.00Aug 28$9.450.522.2%9.66%11.89%33165
$99.00Aug 21$9.200.531.2%9.41%10.61%17--
$100.00Aug 21$8.900.522.2%9.10%11.33%72410.2K
$101.00Aug 28$8.800.513.2%9.00%12.25%154
$98.00Aug 14$8.450.540.2%8.64%8.82%4180
$102.00Aug 28$8.450.504.3%8.64%12.91%1612

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 111,651
Total Puts 75,897
Put/Call Ratio 0.68
Net Difference 35,754

Prior's Put/Call Breakdown

Total Calls 455,540
Total Puts 187,846
Put/Call Ratio 0.41
Net Difference 267,694

Prior 7-Day Put/Call Summary

Total Calls 1,616,229
Total Puts 903,140
Average Put/Call Ratio 0.69
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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