Tour v509
MSTR
STRATEGY INC A
$91.98 -5.27%
8/14 15:17

Option Volume

Detail
Current (08/14) 485,396
Calls: 299,354 (62%)
Puts: 186,042 (38%)
Prior (08/13) 559,553
Calls: 404,221 (72%)
Puts: 155,332 (28%)
Current vs Prior -13.25%
Calls: -25.94% (Calls)
Puts: +19.77% (Puts)
Prior 7-Day Total 3,034,922
Calls: 2,281,976 (75%)
Puts: 752,946 (25%)
Prior 7-Day Average 433,560
Calls: 325,996 (75%)
Puts: 107,563 (25%)
Current vs Prior 7-Day Avg +11.96%
Calls: -8.17%
Puts: +72.96%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/14) $149.37M
Calls: $34.19M (23%)
Puts: $115.18M (77%)
Prior (08/13) $417.67M
Calls: $78.59M (19%)
Puts: $339.09M (81%)
Current vs Prior -64.24%
Calls: -56.50%
Puts: -66.03%
Prior 7-Day Total $2.06B
Calls: $1.21B (58%)
Puts: $859.42M (42%)
Prior 7-Day Average $294.96M
Calls: $172.19M (58%)
Puts: $122.77M (42%)
Current vs Prior 7-Day Avg -49.36%
Calls: -80.14%
Puts: -6.19%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/14) 0.62
Prior (08/13) 0.38
Current vs Prior +61.73%
Prior 7-Day Average 0.39
Current vs Prior 7-Day Avg +57.40%
Sentiment BULLISH

Open Interest

Detail
Current (08/14) 2,918,557
Calls: 1,639,692 (56%)
Puts: 1,278,865 (44%)
Prior (08/13) 2,823,853
Calls: 1,583,454 (56%)
Puts: 1,240,399 (44%)
Current vs Prior +3.35%
Prior 7-Day Total 17,311,075
Calls: 9,569,423 (55%)
Puts: 7,741,652 (45%)
Prior 7-Day Average 2,473,010
Calls: 1,367,060 (55%)
Puts: 1,105,950 (45%)
Current vs Prior 7-Day Avg +18.02%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 1.51% | 7.21%7.21% | 16.18%
Prior 3.25% | 7.81%7.81% | 16.79%
Current vs Prior -53.56% | -7.66%-7.66% | -3.63%
Prior 7-Day Avg 5.27% | 9.20%10.00% | 18.83%
Current vs 7-Day Avg -71.34% | -21.66%-27.94% | -14.10%
Prior 7-Day Eod 3.25% | 7.81%7.81% | 16.79%
Current vs 7-Day Eod -53.56% | -7.66%-7.66% | -3.63%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 11.99% | 3.74%
Calls: 17.92% | 4.19%
Puts: 6.06% | 3.28%
Prior 13.36% | 4.00%
Calls: 5.33% | 3.92%
Puts: 21.39% | 4.08%
Current vs Prior -10.25% | -6.50%
Prior 7-Day Avg 7.26% | 6.09%
Calls: 5.21% | 6.24%
Puts: 9.31% | 5.94%
Current vs 7-Day Avg +65.18% | -38.56%
Liquidity Acceptable
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🤖 AI Insights

Strong bearish conviction with 77% of dollar volume in puts ($115.18M) vs calls ($34.19M). Light premium activity with dollar volume down 64% vs prior. Bullish P/C ratio of 0.62. P/C ratio rising 62% - 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 BEARISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
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 236 of results (avg 5.9%, best 1.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Sep 186.306.40$6.351.6%3240.481.8K
$95.00Aug 211.901.94$1.922.1%11.4K0.3736.3K
$100.00Sep 184.554.65$4.602.2%7820.3936.6K
$94.00Aug 212.232.28$2.262.2%2.0K0.41335
$93.00Aug 212.622.68$2.652.3%2.0K0.46162
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Sep 188.909.00$8.951.1%6190.523.1K
$100.00Sep 1812.1512.30$12.231.2%3240.618.3K
$90.00Sep 186.206.30$6.251.6%8620.424.7K
$100.00Sep 410.6010.80$10.701.9%1710.671.8K
$85.00Sep 184.054.15$4.102.4%5700.313.8K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 27 found (avg $0.57, cheapest $0.29)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$92.00Aug 140.280.30$0.296.9%3.5K0.48221
$104.00Aug 210.420.47$0.4411.4%1.7K0.1110.7K
$110.00Aug 210.200.21$0.214.8%3.9K0.059.2K
$105.00Aug 210.360.39$0.387.9%3.4K0.0924.0K
$106.00Aug 210.310.37$0.3417.6%7910.083.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$92.00Aug 140.320.34$0.336.1%8.9K0.532.0K
$81.00Aug 210.300.34$0.3212.5%1.8K0.08984
$82.00Aug 210.370.41$0.3910.3%1780.101.0K
$80.00Aug 210.250.28$0.2711.1%3.2K0.0717.2K
$75.00Aug 210.120.14$0.1315.4%3.2K0.039.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 167 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Aug 1416.7020.05$18.3818.2%--1.0026
$80.00Aug 1411.7012.30$12.005.0%171.0090
$85.00Aug 146.557.30$6.9310.8%250.99303
$86.00Aug 145.556.30$5.9312.6%30.9961
$79.00Aug 1412.5513.30$12.935.8%40.991
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$96.00Aug 143.754.20$3.9811.3%1.6K1.002.0K
$96.50Aug 144.304.95$4.6314.0%1381.00477
$97.00Aug 144.905.20$5.055.9%1891.001.4K
$97.50Aug 145.405.70$5.555.4%801.00667
$98.00Aug 145.756.30$6.039.1%3351.001.2K

Most actively traded options today. High liquidity = easy entry/exit. 342 active (total vol 391.1K, top 31.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Aug 140.010.02$0.0250.0%31.4K0.032.0K
$94.00Aug 140.010.02$0.0250.0%23.2K0.04529
$100.00Aug 210.810.83$0.822.4%18.4K0.1925.6K
$101.00Aug 140.000.01$0.01100.0%16.5K0.0114.8K
$101.00Aug 210.670.74$0.719.9%14.1K0.164.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$94.00Aug 141.932.18$2.0612.1%11.4K0.956.8K
$87.00Aug 211.111.17$1.145.3%11.3K0.241.6K
$92.00Aug 213.003.10$3.053.3%9.2K0.491.8K
$92.00Aug 140.320.34$0.336.1%8.9K0.532.0K
$89.00Aug 140.000.01$0.01100.0%7.7K0.017.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 21.0%, max 22.6%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$92.00Aug 14Sep 2577.8%65.2%19.3%3.5K231
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$92.00Aug 14Sep 2579.9%65.2%22.6%9.0K2.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 191 found (best R:R 0.56, avg 2.55)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$80.00$86.00Sep 25$3.85$2.15$3.8577%0.56$83.85
$100.00$105.00Sep 18$1.20$3.80$1.2038%3.17$101.20
$85.00$90.00Sep 18$2.85$2.15$2.8569%0.75$87.85
$90.00$95.00Sep 18$2.28$2.72$2.2858%1.19$92.28
$95.00$100.00Sep 18$1.75$3.25$1.7548%1.86$96.75
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$99.00$98.50Aug 21$0.30$0.20$0.3078%0.67$98.70
$94.00$93.00Sep 25$0.42$0.58$0.4249%1.38$93.58
$96.50$96.00Aug 21$0.30$0.20$0.3070%0.67$96.20
$83.00$82.00Aug 28$0.13$0.87$0.1319%6.69$82.87
$103.00$102.00Sep 11$0.65$0.35$0.6569%0.54$102.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 133 found (best R:R 0.75, avg 0.45)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$92.00$93.00Aug 14$0.24$0.24$0.7652%0.32$92.24
$93.00$94.00Sep 11$0.53$0.53$0.4749%1.13$93.53
$93.00$94.00Sep 4$0.50$0.50$0.5050%1.00$93.50
$94.00$95.00Aug 28$0.45$0.45$0.5554%0.82$94.45
$96.50$97.00Aug 21$0.14$0.14$0.3670%0.39$96.64
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$90.00$85.00Sep 18$2.15$2.15$2.8558%0.75$87.85
$80.00$75.00Sep 25$1.21$1.21$3.7977%0.32$78.79
$85.00$80.00Sep 18$1.51$1.51$3.4969%0.43$83.49
$80.00$75.00Sep 18$1.01$1.01$3.9978%0.25$78.99
$80.00$75.00Sep 11$0.86$0.86$4.1481%0.21$79.14

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $2.75, cheapest $2.72)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$92.00Aug 14Aug 21$2.7977.8%59.5%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$92.00Aug 14Aug 21$2.7279.9%59.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 108 found (cheapest 0.67% of stock, avg 11.28%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$92.00Aug 14$0.29$0.33$0.62$91.38$92.620.67%
$91.00Aug 14$1.06$0.05$1.11$89.89$92.111.21%
$93.00Aug 14$0.05$1.09$1.14$91.86$94.141.24%
$90.00Aug 14$1.94$0.02$1.96$88.04$91.962.13%
$94.00Aug 14$0.02$2.06$2.08$91.92$96.082.26%
$95.00Aug 14$0.02$3.06$3.08$91.92$98.083.35%
$89.00Aug 14$3.08$0.01$3.09$85.91$92.093.36%
$96.00Aug 14$0.02$3.98$4.00$92.00$100.004.35%
$88.00Aug 14$4.10$0.01$4.11$83.89$92.114.47%
$96.50Aug 14$0.02$4.63$4.65$91.85$101.155.06%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 143 found (cheapest 0.11% of stock, avg 9.70%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$93.00$91.00Aug 14$0.05$0.05$0.10$90.90$93.10
$92.00$91.00Aug 14$0.29$0.05$0.34$90.66$92.34
$96.50$88.00Aug 21$1.50$1.41$2.91$85.09$99.41
$96.00$88.00Aug 21$1.63$1.41$3.04$84.96$99.04
$96.50$89.00Aug 21$1.50$1.74$3.24$85.76$99.74
$96.00$89.00Aug 21$1.63$1.74$3.37$85.63$99.37
$95.00$88.00Aug 21$1.92$1.41$3.33$84.67$98.33
$95.00$89.00Aug 21$1.92$1.74$3.66$85.34$98.66
$96.50$90.00Aug 21$1.50$2.12$3.62$86.38$100.12
$96.00$90.00Aug 21$1.63$2.12$3.75$86.25$99.75

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 90 found (best R:R 1.63, avg credit $0.50)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
83/84100/101Sep 4$0.62$0.3841%1.63$83.38$100.62
85/86100/101Sep 4$0.64$0.3636%1.78$85.36$100.64
84/85101/102Sep 11$0.63$0.3736%1.70$84.37$101.63
86/8799/100Aug 28$0.59$0.4139%1.44$86.41$99.59
86/87101/102Aug 28$0.54$0.4644%1.17$86.46$101.54
84/8599/100Aug 28$0.52$0.4845%1.08$84.48$99.52
84/85101/102Aug 28$0.47$0.5350%0.89$84.53$101.47
82/83100/101Sep 4$0.53$0.4744%1.13$82.47$100.53
84/85100/101Sep 4$0.57$0.4339%1.33$84.43$100.57
86/87100/101Sep 4$0.62$0.3834%1.63$86.38$100.62

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 111 found (best R:R 8.09, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$90.00$91.00$92.00Aug 14$0.11$0.8948%8.09
$100.00$105.00$110.00Sep 18$0.26$4.7415%18.23
$92.00$93.00$94.00Aug 14$0.21$0.7944%3.76
$91.00$92.00$93.00Aug 14$0.53$0.4777%0.89
$90.00$95.00$100.00Sep 18$0.53$4.4720%8.43
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$91.00$92.00$93.00Aug 14$0.48$0.5276%1.08
$90.00$91.00$92.00Aug 14$0.25$0.7549%3.00
$92.00$93.00$94.00Aug 14$0.21$0.7942%3.76
$95.00$100.00$105.00Sep 18$0.44$4.5618%10.36
$85.00$90.00$95.00Sep 18$0.55$4.4521%8.09

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 52 found (best net $-0.12, 47 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$90.00$91.001:2Aug 14-$0.18$0.82
$89.00$90.001:2Aug 14-$0.80$0.20
$100.00$101.001:2Aug 14$0.00$1.00
$102.00$103.001:2Aug 14$0.00$1.00
$109.00$110.001:2Aug 21-$0.17$0.83
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$94.00$93.001:2Aug 14-$0.12$0.88
$80.00$75.001:2Sep 11-$0.22$4.78
$80.00$75.001:2Sep 4-$0.20$4.80
$80.00$75.001:2Aug 28-$0.10$4.90
$80.00$75.001:2Sep 18-$0.57$4.43

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 102 found (best yield 5.87%, avg 3.14%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$100.00Sep 25$5.400.418.7%5.87%14.59%4872
$99.00Sep 25$5.600.437.6%6.09%13.72%--100
$97.00Sep 25$6.300.465.5%6.85%12.31%2121
$98.00Sep 25$5.950.446.5%6.47%13.01%151
$96.00Sep 25$6.600.484.4%7.18%11.55%57
$95.00Sep 25$7.050.493.3%7.66%10.95%2556
$102.00Sep 25$4.700.3810.9%5.11%16.00%235
$93.00Sep 25$7.950.531.1%8.64%9.75%416
$104.00Sep 25$4.250.3513.1%4.62%17.69%--13
$94.00Sep 25$7.400.512.2%8.05%10.24%22

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 299,354
Total Puts 186,042
Put/Call Ratio 0.62
Net Difference 113,312

Prior's Put/Call Breakdown

Total Calls 404,221
Total Puts 155,332
Put/Call Ratio 0.38
Net Difference 248,889

Prior 7-Day Put/Call Summary

Total Calls 2,281,976
Total Puts 752,946
Average Put/Call Ratio 0.39
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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