Tour v526
MSTR
STRATEGY INC A
$112.39 +7.81%
$112.18 (-0.19%)🌙
as of 08/20 06:04 PM
8/20 18:04

Option Volume

Detail
Current (08/20) 746,828
Calls: 530,753 (71%)
Puts: 216,075 (29%)
Prior (08/19) 789,402
Calls: 503,169 (64%)
Puts: 286,233 (36%)
Current vs Prior -5.39%
Calls: +5.48% (Calls)
Puts: -24.51% (Puts)
Prior 7-Day Total 2,959,980
Calls: 1,951,203 (66%)
Puts: 1,008,777 (34%)
Prior 7-Day Average 422,854
Calls: 278,743 (66%)
Puts: 144,111 (34%)
Current vs Prior 7-Day Avg +76.62%
Calls: +90.41%
Puts: +49.94%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/20) $408.31M
Calls: $280.13M (69%)
Puts: $128.17M (31%)
Prior (08/19) $332.06M
Calls: $216.61M (65%)
Puts: $115.45M (35%)
Current vs Prior +22.96%
Calls: +29.32%
Puts: +11.02%
Prior 7-Day Total $1.45B
Calls: $626.27M (43%)
Puts: $827.94M (57%)
Prior 7-Day Average $207.74M
Calls: $89.47M (43%)
Puts: $118.28M (57%)
Current vs Prior 7-Day Avg +96.54%
Calls: +213.11%
Puts: +8.37%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/20) 0.41
Prior (08/19) 0.57
Current vs Prior -28.43%
Prior 7-Day Average 0.52
Current vs Prior 7-Day Avg -21.98%
Sentiment BULLISH

Open Interest

Detail
Current (08/20) 3,013,208
Calls: 1,678,468 (56%)
Puts: 1,334,740 (44%)
Prior (08/19) 2,868,838
Calls: 1,604,677 (56%)
Puts: 1,264,161 (44%)
Current vs Prior +5.03%
Prior 7-Day Total 19,671,957
Calls: 11,023,954 (56%)
Puts: 8,648,003 (44%)
Prior 7-Day Average 2,810,279
Calls: 1,574,850 (56%)
Puts: 1,235,429 (44%)
Current vs Prior 7-Day Avg +7.22%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 4.88% | 10.29%4.88% | 19.82%
Prior 5.80% | 10.07%5.80% | 19.02%
Current vs Prior -15.98% | +2.12%-15.98% | +4.22%
Prior 7-Day Avg 5.53% | 9.33%7.23% | 17.07%
Current vs 7-Day Avg -11.90% | +10.24%-32.53% | +16.14%
Prior 7-Day Eod 5.80% | 10.07%5.80% | 19.02%
Current vs 7-Day Eod -15.98% | +2.12%-15.98% | +4.22%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 4.88% | 5.45%
Calls: 5.98% | 3.48%
Puts: 3.77% | 7.41%
Prior 3.40% | 5.72%
Calls: 2.09% | 5.83%
Puts: 4.72% | 5.61%
Current vs Prior +43.53% | -4.72%
Prior 7-Day Avg 9.18% | 4.68%
Calls: 9.36% | 4.52%
Puts: 9.01% | 4.84%
Current vs 7-Day Avg -46.85% | +16.49%
Liquidity Acceptable
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🤖 AI Insights

Moderately bullish flow with 69% call dollar volume ($280.13M). Dollar volume significantly above 7-day average (97% higher). Volume explosion - 77% above 7-day average (746,828 vs avg 422,854). Extreme bullish P/C ratio of 0.41 - heavy call buying (530,753 calls vs 216,075 puts).

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 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 310 of results (avg 5.8%, best 1.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Sep 1816.7517.00$16.881.5%7480.7437.1K
$120.00Aug 210.600.61$0.611.6%28.6K0.169.7K
$110.00Sep 1811.0011.20$11.101.8%1.9K0.584.6K
$115.00Aug 211.471.50$1.492.0%31.2K0.367.6K
$90.00Aug 2122.1022.65$22.382.5%1730.99978
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 2117.5018.00$17.752.8%111.00300
$130.00Sep 1821.5522.20$21.883.0%370.691.5K
$125.00Sep 1817.7018.30$18.003.3%610.631.5K
$130.00Aug 2818.6019.30$18.953.7%90.83108
$130.00Sep 419.7020.45$20.083.7%80.76757

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 13 found (avg $0.53, cheapest $0.15)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 210.100.12$0.1118.2%8.1K0.0312.6K
$125.00Aug 210.250.27$0.267.7%8.1K0.0710.0K
$120.00Aug 210.600.61$0.611.6%28.6K0.169.7K
$119.00Aug 210.680.75$0.729.7%1.9K0.19--
$118.00Aug 210.840.99$0.9216.3%4.1K0.23--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$103.00Aug 210.140.16$0.1513.3%2.0K0.061.0K
$105.00Aug 210.250.29$0.2714.8%10.6K0.093.4K
$106.00Aug 210.350.41$0.3815.8%3.2K0.13499
$107.00Aug 210.500.55$0.539.4%2.8K0.1663
$108.00Aug 210.700.78$0.7410.8%2.7K0.2150

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 203 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Aug 2122.1022.65$22.382.5%1730.99978
$92.00Aug 2120.0520.65$20.352.9%520.992.0K
$93.00Aug 2119.1519.65$19.402.6%1470.99503
$96.00Aug 2116.0516.55$16.303.1%3430.993.6K
$95.00Aug 2117.1017.60$17.352.9%9150.9943.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 2117.5018.00$17.752.8%111.00300
$125.00Aug 2112.6013.20$12.904.7%400.931.2K
$120.00Aug 218.008.45$8.235.5%2730.841.6K
$130.00Aug 2818.6019.30$18.953.7%90.83108
$119.00Aug 217.107.55$7.326.1%1200.81--

Most actively traded options today. High liquidity = easy entry/exit. 419 active (total vol 567.1K, top 31.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Aug 211.471.50$1.492.0%31.2K0.367.6K
$120.00Aug 210.600.61$0.611.6%28.6K0.169.7K
$115.00Aug 284.354.60$4.475.6%28.4K0.454.0K
$110.00Aug 213.603.75$3.684.1%27.9K0.6715.3K
$120.00Aug 282.903.05$2.975.1%23.3K0.333.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 210.060.08$0.0728.6%14.1K0.037.0K
$110.00Aug 211.291.34$1.323.8%13.9K0.335.4K
$105.00Aug 210.250.29$0.2714.8%10.6K0.093.4K
$109.00Aug 210.971.04$1.007.0%6.2K0.2716
$107.00Aug 282.873.05$2.966.1%4.8K0.3266

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 20 strikes (avg 41.0%, max 57.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$120.00Aug 21Oct 2127.0%80.6%57.5%28.8K9.8K
$117.00Aug 21Oct 2119.7%80.6%48.4%4.9K1.8K
$111.00Aug 21Oct 2108.9%76.6%42.2%7.0K889
$116.00Aug 21Oct 2113.9%80.5%41.5%4.3K925
$112.00Aug 21Oct 2108.4%77.0%40.8%9.9K1.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$120.00Aug 21Oct 2127.0%80.6%57.5%2851.6K
$112.00Aug 21Oct 2108.4%77.0%40.8%2.7K18
$109.00Aug 21Oct 2105.9%76.0%39.4%6.2K19
$110.00Aug 21Oct 2105.6%76.2%38.5%14.1K5.4K
$115.00Aug 21Oct 2111.4%80.5%38.5%3262.9K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 268 found (best R:R 2.50, avg 2.35)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$120.00$125.00Oct 2$1.43$3.57$1.4346%2.50$121.43
$120.00$125.00Sep 25$1.39$3.61$1.3945%2.60$121.39
$125.00$130.00Oct 2$1.30$3.70$1.3041%2.85$126.30
$105.00$110.00Sep 18$2.58$2.42$2.5866%0.94$107.58
$110.00$115.00Sep 18$2.15$2.85$2.1558%1.33$112.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$95.00$94.00Sep 25$0.17$0.83$0.1720%4.88$94.83
$96.00$95.00Sep 11$0.15$0.85$0.1517%5.67$95.85
$92.00$91.00Sep 25$0.15$0.85$0.1517%5.67$91.85
$101.00$100.00Sep 4$0.20$0.80$0.2022%4.00$100.80
$99.00$98.00Aug 28$0.12$0.88$0.1213%7.33$98.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 180 found (best R:R 0.62, avg 0.51)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$120.00$121.00Sep 4$0.38$0.38$0.6261%0.61$120.38
$118.00$119.00Aug 21$0.20$0.20$0.8077%0.25$118.20
$119.00$120.00Aug 28$0.33$0.33$0.6764%0.49$119.33
$113.00$114.00Sep 11$0.50$0.50$0.5047%1.00$113.50
$132.00$133.00Aug 28$0.12$0.12$0.8885%0.14$132.12
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$105.00$100.00Sep 18$1.92$1.92$3.0866%0.62$103.08
$110.00$105.00Sep 18$2.33$2.33$2.6758%0.87$107.67
$100.00$95.00Sep 18$1.38$1.38$3.6274%0.38$98.62
$95.00$90.00Sep 18$0.97$0.97$4.0381%0.24$94.03
$108.00$107.00Oct 2$0.60$0.60$0.4061%1.50$107.40

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 16 found (avg debit $2.83, cheapest $2.85)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$116.00Aug 21Aug 28$2.90113.9%86.1%
$111.00Aug 21Aug 28$3.05108.9%82.2%
$115.00Aug 21Aug 28$2.98111.4%85.5%
$112.00Aug 21Aug 28$3.02108.4%83.0%
$110.00Aug 21Aug 28$3.02105.6%81.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$116.00Aug 21Aug 28$2.85113.9%86.1%
$111.00Aug 21Aug 28$2.98108.9%82.2%
$115.00Aug 21Aug 28$2.90111.4%85.5%
$112.00Aug 21Aug 28$3.10108.4%83.0%
$110.00Aug 21Aug 28$2.93105.6%81.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 109 found (cheapest 4.33% of stock, avg 13.98%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$111.00Aug 21$3.10$1.77$4.87$106.13$115.874.33%
$112.00Aug 21$2.71$2.20$4.91$107.09$116.914.37%
$113.00Aug 21$2.15$2.77$4.92$108.08$117.924.38%
$110.00Aug 21$3.68$1.32$5.00$105.00$115.004.45%
$114.00Aug 21$1.76$3.43$5.19$108.81$119.194.62%
$109.00Aug 21$4.35$1.00$5.35$103.65$114.354.76%
$115.00Aug 21$1.49$4.13$5.62$109.38$120.625.00%
$108.00Aug 21$5.13$0.74$5.87$102.13$113.875.22%
$116.00Aug 21$1.23$4.85$6.08$109.92$122.085.41%
$107.00Aug 21$5.88$0.53$6.41$100.59$113.415.70%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 155 found (cheapest 1.61% of stock, avg 11.11%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$117.00$108.00Aug 21$1.07$0.74$1.81$106.19$118.81
$117.00$109.00Aug 21$1.07$1.00$2.07$106.93$119.07
$116.00$108.00Aug 21$1.23$0.74$1.97$106.03$117.97
$116.00$109.00Aug 21$1.23$1.00$2.23$106.77$118.23
$117.00$110.00Aug 21$1.07$1.32$2.39$107.61$119.39
$115.00$108.00Aug 21$1.49$0.74$2.23$105.77$117.23
$116.00$110.00Aug 21$1.23$1.32$2.55$107.45$118.55
$115.00$109.00Aug 21$1.49$1.00$2.49$106.51$117.49
$115.00$110.00Aug 21$1.49$1.32$2.81$107.19$117.81
$114.00$108.00Aug 21$1.76$0.74$2.50$105.50$116.50

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 70 found (best R:R 0.69, avg credit $0.53)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
107/108118/119Aug 21$0.41$0.5956%0.69$107.59$118.41
109/110118/119Aug 21$0.52$0.4844%1.08$109.48$118.52
108/109118/119Aug 21$0.46$0.5450%0.85$108.54$118.46
104/105121/122Aug 28$0.53$0.4743%1.13$104.47$121.53
106/107118/119Aug 21$0.35$0.6560%0.54$106.65$118.35
105/106118/119Aug 21$0.31$0.6964%0.45$105.69$118.31
105/106121/122Aug 28$0.55$0.4540%1.22$105.45$121.55
104/105122/123Aug 28$0.50$0.5045%1.00$104.50$122.50
100/101121/122Aug 28$0.42$0.5852%0.72$100.58$121.42
103/104121/122Aug 28$0.49$0.5145%0.96$103.51$121.49

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 120 found (best R:R 26.78, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$120.00$125.00$130.00Sep 25$0.14$4.8611%34.71
$120.00$125.00$130.00Oct 2$0.13$4.8711%37.46
$120.00$125.00$130.00Aug 21$0.20$4.8013%24.00
$120.00$125.00$130.00Sep 18$0.20$4.8012%24.00
$95.00$100.00$105.00Sep 18$0.35$4.6515%13.29
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$120.00$125.00$130.00Aug 21$0.18$4.8216%26.78
$120.00$125.00$130.00Oct 2$0.20$4.8010%24.00
$120.00$125.00$130.00Sep 11$0.30$4.7014%15.67
$115.00$120.00$125.00Sep 18$0.32$4.6814%14.62
$100.00$105.00$110.00Sep 18$0.41$4.5916%11.20

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 $-3.56, 51 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$118.00$119.001:2Aug 21-$0.52$0.48
$119.00$120.001:2Aug 21-$0.50$0.50
$117.00$118.001:2Aug 21-$0.77$0.23
$116.00$117.001:2Aug 21-$0.91$0.09
$115.00$116.001:2Aug 21-$0.97$0.03
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$125.00$120.001:2Aug 21-$3.56$1.44
$94.00$93.001:2Aug 21$0.00$1.00
$91.00$90.001:2Aug 21$0.00$1.00
$103.00$102.001:2Aug 21-$0.05$0.95
$96.00$95.001:2Aug 21-$0.05$0.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 81 found (best yield 6.76%, avg 4.11%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$125.00Oct 2$7.600.4111.2%6.76%17.98%379182
$130.00Oct 2$6.300.3615.7%5.61%21.27%128343
$120.00Oct 2$9.050.466.8%8.05%14.82%24775
$117.00Oct 2$10.100.504.1%8.99%13.09%5--
$116.00Oct 2$10.450.513.2%9.30%12.51%22--
$115.00Oct 2$10.850.522.3%9.65%11.98%15174
$114.00Oct 2$11.250.541.4%10.01%11.44%45--
$113.00Oct 2$11.700.550.5%10.41%10.95%16--
$125.00Sep 25$6.600.3911.2%5.87%17.09%352300
$120.00Sep 25$8.050.456.8%7.16%13.93%309301

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 530,753
Total Puts 216,075
Put/Call Ratio 0.41
Net Difference 314,678

Prior's Put/Call Breakdown

Total Calls 503,169
Total Puts 286,233
Put/Call Ratio 0.57
Net Difference 216,936

Prior 7-Day Put/Call Summary

Total Calls 1,951,203
Total Puts 1,008,777
Average Put/Call Ratio 0.52
Ratio Trend Falling

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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