Tour v509
MSTR
STRATEGY INC A
$97.68 +4.99%
$97.69 (+0.01%)🌙
as of 08/17 06:04 PM
8/17 18:04

Option Volume

Detail
Current (08/17) 282,658
Calls: 167,830 (59%)
Puts: 114,828 (41%)
Prior (08/14) 559,984
Calls: 348,724 (62%)
Puts: 211,260 (38%)
Current vs Prior -49.52%
Calls: -51.87% (Calls)
Puts: -45.65% (Puts)
Prior 7-Day Total 2,961,321
Calls: 2,181,907 (74%)
Puts: 779,414 (26%)
Prior 7-Day Average 493,553
Calls: 311,701 (74%)
Puts: 111,344 (26%)
Current vs Prior 7-Day Avg -42.73%
Calls: -46.16%
Puts: +3.13%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/17) $163.54M
Calls: $53.74M (33%)
Puts: $109.80M (67%)
Prior (08/14) $276.27M
Calls: $105.58M (38%)
Puts: $170.69M (62%)
Current vs Prior -40.80%
Calls: -49.10%
Puts: -35.67%
Prior 7-Day Total $1.89B
Calls: $1.16B (61%)
Puts: $735.64M (39%)
Prior 7-Day Average $315.56M
Calls: $165.39M (61%)
Puts: $105.09M (39%)
Current vs Prior 7-Day Avg -48.17%
Calls: -67.50%
Puts: +4.48%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/17) 0.68
Prior (08/14) 0.61
Current vs Prior +12.94%
Prior 7-Day Average 0.42
Current vs Prior 7-Day Avg +64.45%
Sentiment BULLISH

Open Interest

Detail
Current (08/17) 2,755,788
Calls: 1,540,400 (56%)
Puts: 1,215,388 (44%)
Prior (08/14) 2,918,557
Calls: 1,639,692 (56%)
Puts: 1,278,865 (44%)
Current vs Prior -5.58%
Prior 7-Day Total 16,596,202
Calls: 9,240,915 (56%)
Puts: 7,355,287 (44%)
Prior 7-Day Average 2,766,033
Calls: 1,540,152 (56%)
Puts: 1,225,881 (44%)
Current vs Prior 7-Day Avg -0.37%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 6.41% | 10.06%6.41% | 16.43%
Prior 7.15% | 10.29%7.15% | 16.35%
Current vs Prior -10.34% | -2.16%-10.34% | +0.51%
Prior 7-Day Avg 5.91% | 9.49%8.97% | 18.10%
Current vs 7-Day Avg +8.48% | +6.06%-28.52% | -9.23%
Prior 7-Day Eod 7.15% | 10.29%7.15% | 16.35%
Current vs 7-Day Eod -10.34% | -2.16%-10.34% | +0.51%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 15.66% | 2.92%
Calls: 21.57% | 1.52%
Puts: 9.76% | 4.32%
Prior 15.66% | 2.92%
Calls: 21.57% | 1.52%
Puts: 9.76% | 4.32%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 8.78% | 4.88%
Calls: 7.95% | 5.15%
Puts: 9.61% | 4.62%
Current vs 7-Day Avg +78.39% | -40.20%
Liquidity Good
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🤖 AI Insights

Moderately bearish flow with 67% put dollar volume ($109.80M). Below-average activity with volume down 50% vs prior. Bullish P/C ratio of 0.68.

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 196 of results (avg 6.0%, best 1.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Sep 185.205.30$5.251.9%1.2K0.414.5K
$102.00Aug 211.511.54$1.532.0%4.0K0.318.3K
$98.00Aug 212.882.94$2.912.1%2.4K0.5023.0K
$110.00Aug 210.440.45$0.452.2%26.5K0.119.3K
$104.00Aug 211.101.13$1.122.7%2.9K0.2410.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Aug 211.751.79$1.772.3%7.3K0.345.2K
$117.00Aug 2119.1519.70$19.422.8%10.951
$115.00Aug 2117.2017.75$17.483.1%4330.943.2K
$96.00Aug 212.142.21$2.173.2%2.2K0.401.6K
$116.00Aug 2118.1518.75$18.453.3%20.95--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 22 found (avg $0.59, cheapest $0.16)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$114.00Aug 210.250.29$0.2714.8%5430.071.0K
$115.00Aug 210.220.23$0.234.3%3.0K0.064.9K
$110.00Aug 210.440.45$0.452.2%26.5K0.119.3K
$108.00Aug 210.540.62$0.5813.8%1.2K0.14706
$107.00Aug 210.680.70$0.692.9%1.0K0.161.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Aug 210.150.17$0.1612.5%3.4K0.057.3K
$83.00Aug 210.100.12$0.1118.2%4570.031.5K
$86.00Aug 210.190.22$0.2114.3%3930.062.9K
$89.00Aug 210.410.45$0.439.3%4430.111.3K
$90.00Aug 210.530.56$0.555.5%8.9K0.1412.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 151 found (avg delta 0.71, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Aug 2117.5518.10$17.833.1%571.00436
$81.00Aug 2116.6017.10$16.853.0%--1.0036
$82.00Aug 2115.6016.15$15.883.5%271.00300
$83.00Aug 2114.6015.15$14.883.7%60.9425
$84.00Aug 2113.6514.15$13.903.6%400.9437
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$117.00Aug 2119.1519.70$19.422.8%10.951
$116.00Aug 2118.1518.75$18.453.3%20.95--
$115.00Aug 2117.2017.75$17.483.1%4330.943.2K
$114.00Aug 2116.2016.80$16.503.6%10.932
$113.00Aug 2115.2515.85$15.553.9%300.9338

Most actively traded options today. High liquidity = easy entry/exit. 316 active (total vol 183.6K, top 26.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Aug 210.440.45$0.452.2%26.5K0.119.3K
$100.00Aug 212.082.15$2.123.3%13.8K0.4028.6K
$105.00Aug 210.940.97$0.963.1%9.0K0.2124.9K
$100.00Aug 283.653.85$3.755.3%4.4K0.451.7K
$102.00Aug 211.511.54$1.532.0%4.0K0.318.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Aug 210.530.56$0.555.5%8.9K0.1412.0K
$95.00Aug 211.751.79$1.772.3%7.3K0.345.2K
$85.00Aug 210.150.17$0.1612.5%3.4K0.057.3K
$92.00Aug 210.870.90$0.893.4%3.1K0.208.0K
$96.00Aug 212.142.21$2.173.2%2.2K0.401.6K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 34 strikes (avg 11.0%, max 19.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$107.00Aug 21Sep 2584.8%71.7%18.3%1.0K1.4K
$106.00Aug 21Sep 2584.0%71.5%17.4%1.1K3.7K
$103.00Aug 21Sep 1180.5%69.3%16.2%3.1K25.1K
$105.00Aug 21Sep 2582.6%71.3%15.8%9.1K25.0K
$104.00Aug 21Sep 2581.3%71.4%13.9%2.9K10.4K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$106.00Aug 21Sep 1184.0%70.0%19.9%22107
$107.00Aug 21Sep 484.8%72.5%16.9%540
$105.00Aug 21Sep 2582.6%71.3%15.8%1.0K2.1K
$104.00Aug 21Sep 481.3%71.4%13.8%1621.1K
$103.00Aug 21Sep 2580.5%71.3%12.9%40315

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 213 found (best R:R 4.38, avg 2.45)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$110.00$115.00Sep 18$0.93$4.07$0.9332%4.38$110.93
$105.00$110.00Sep 18$1.32$3.68$1.3241%2.79$106.32
$95.00$100.00Sep 18$2.31$2.69$2.3160%1.16$97.31
$90.00$95.00Sep 18$2.87$2.13$2.8770%0.74$92.87
$100.00$105.00Sep 18$1.82$3.18$1.8250%1.75$101.82
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$98.00$97.50Aug 21$0.18$0.32$0.1850%1.78$97.82
$91.00$90.00Sep 25$0.28$0.72$0.2833%2.57$90.72
$91.00$90.00Aug 21$0.11$0.89$0.1116%8.09$90.89
$87.00$86.00Sep 11$0.18$0.82$0.1822%4.56$86.82
$82.00$80.00Aug 28$0.10$1.90$0.108%19.00$81.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 148 found (best R:R 0.46, avg 0.46)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$110.00$111.00Sep 11$0.28$0.28$0.7271%0.39$110.28
$98.00$99.00Sep 4$0.50$0.50$0.5047%1.00$98.50
$99.00$100.00Aug 28$0.45$0.45$0.5552%0.82$99.45
$99.00$100.00Sep 25$0.50$0.50$0.5047%1.00$99.50
$102.00$103.00Aug 28$0.35$0.35$0.6561%0.54$102.35
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$90.00$85.00Sep 18$1.57$1.57$3.4370%0.46$88.43
$95.00$90.00Sep 18$2.08$2.08$2.9260%0.71$92.92
$85.00$80.00Sep 18$1.01$1.01$3.9979%0.25$83.99
$95.00$94.00Sep 11$0.60$0.60$0.4060%1.50$94.40
$90.00$89.00Sep 25$0.50$0.50$0.5068%1.00$89.50

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 16 found (avg debit $1.57, cheapest $1.50)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$101.00Aug 21Aug 28$1.5978.3%71.0%
$102.00Aug 21Aug 28$1.5778.8%71.9%
$100.00Aug 21Aug 28$1.6377.2%70.5%
$98.00Aug 21Aug 28$1.6776.3%69.9%
$96.00Aug 21Aug 28$1.6073.0%66.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$101.00Aug 21Aug 28$1.5078.3%71.0%
$102.00Aug 21Aug 28$1.4278.8%71.9%
$100.00Aug 21Aug 28$1.5277.2%70.5%
$98.00Aug 21Aug 28$1.6276.3%69.9%
$96.00Aug 21Aug 28$1.4873.0%66.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 98 found (cheapest 6.10% of stock, avg 12.55%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$96.50Aug 21$3.58$2.38$5.96$90.54$102.466.10%
$97.00Aug 21$3.35$2.63$5.98$91.02$102.986.12%
$98.00Aug 21$2.91$3.13$6.04$91.96$104.046.18%
$97.50Aug 21$3.13$2.95$6.08$91.42$103.586.22%
$96.00Aug 21$3.95$2.17$6.12$89.88$102.126.27%
$98.50Aug 21$2.69$3.43$6.12$92.38$104.626.27%
$99.00Aug 21$2.49$3.72$6.21$92.79$105.216.36%
$95.00Aug 21$4.47$1.77$6.24$88.76$101.246.39%
$100.00Aug 21$2.12$4.38$6.50$93.50$106.506.65%
$94.00Aug 21$5.18$1.42$6.60$87.40$100.606.76%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 141 found (cheapest 3.67% of stock, avg 9.86%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$101.00$95.00Aug 21$1.81$1.77$3.58$91.42$104.58
$100.00$95.00Aug 21$2.12$1.77$3.89$91.11$103.89
$101.00$96.00Aug 21$1.81$2.17$3.98$92.02$104.98
$100.00$96.00Aug 21$2.12$2.17$4.29$91.71$104.29
$101.00$96.50Aug 21$1.81$2.38$4.19$92.31$105.19
$100.00$96.50Aug 21$2.12$2.38$4.50$92.00$104.50
$99.00$95.00Aug 21$2.49$1.77$4.26$90.74$103.26
$99.00$96.00Aug 21$2.49$2.17$4.66$91.34$103.66
$101.00$97.00Aug 21$1.81$2.63$4.44$92.56$105.44
$99.00$96.50Aug 21$2.49$2.38$4.87$91.63$103.87

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 102 found (best R:R 1.70, avg credit $0.47)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
90/91107/108Sep 4$0.63$0.3739%1.70$90.37$107.63
92/93104/105Aug 28$0.65$0.3535%1.86$92.35$104.65
88/89107/108Sep 11$0.61$0.3939%1.56$88.39$107.61
92/93107/108Aug 28$0.57$0.4343%1.33$92.43$107.57
91/92107/108Sep 4$0.61$0.3937%1.56$91.39$107.61
91/92104/105Aug 28$0.59$0.4139%1.44$91.41$104.59
84/85107/108Sep 11$0.51$0.4947%1.04$84.49$107.51
89/90104/105Aug 28$0.53$0.4744%1.13$89.47$104.53
91/92106/107Aug 21$0.36$0.6461%0.56$91.64$106.36
91/92107/108Aug 28$0.51$0.4946%1.04$91.49$107.51

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 80 found (best R:R 14.15, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$95.00$100.00$105.00Sep 18$0.49$4.5119%9.20
$105.00$110.00$115.00Sep 18$0.39$4.6114%11.82
$90.00$95.00$100.00Sep 18$0.56$4.4420%7.93
$86.00$88.00$90.00Sep 25$0.08$1.927%24.00
$99.00$100.00$101.00Aug 21$0.06$0.949%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$105.00$110.00$115.00Sep 18$0.33$4.6714%14.15
$100.00$105.00$110.00Sep 18$0.43$4.5717%10.63
$85.00$90.00$95.00Sep 18$0.51$4.4919%8.80
$95.00$100.00$105.00Sep 18$0.52$4.4819%8.62
$100.00$101.00$102.00Aug 21$0.06$0.949%15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 53 found (best net $-0.61, 53 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$115.00$116.001:2Aug 21-$0.17$0.83
$114.00$115.001:2Aug 21-$0.19$0.81
$116.00$117.001:2Aug 21-$0.20$0.80
$113.00$114.001:2Aug 21-$0.24$0.76
$111.00$112.001:2Aug 21-$0.27$0.73
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$85.00$80.001:2Sep 18-$0.61$4.39
$90.00$85.001:2Sep 18-$1.06$3.94
$84.00$83.001:2Aug 21-$0.07$0.93
$81.00$80.001:2Aug 21-$0.07$0.93
$82.00$81.001:2Aug 21-$0.08$0.92

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 95 found (best yield 5.89%, avg 3.13%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$105.00Sep 25$5.750.437.5%5.89%13.38%9879
$104.00Sep 25$6.100.446.5%6.24%12.71%713
$107.00Sep 25$5.150.409.5%5.27%14.81%1954
$106.00Sep 25$5.450.418.5%5.58%14.10%1949
$100.00Sep 25$7.650.512.4%7.83%10.21%2783
$101.00Sep 25$7.200.493.4%7.37%10.77%--14
$102.00Sep 25$6.800.474.4%6.96%11.38%441
$110.00Sep 25$4.500.3512.6%4.61%17.22%86111
$109.00Sep 25$4.600.3711.6%4.71%16.30%120
$99.00Sep 25$8.000.531.4%8.19%9.54%2100

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 167,830
Total Puts 114,828
Put/Call Ratio 0.68
Net Difference 53,002

Prior's Put/Call Breakdown

Total Calls 348,724
Total Puts 211,260
Put/Call Ratio 0.61
Net Difference 137,464

Prior 7-Day Put/Call Summary

Total Calls 2,181,907
Total Puts 779,414
Average Put/Call Ratio 0.42
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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