Tour v526
MSTR
STRATEGY INC A
$119.25 +6.10%
$122.34 (+2.59%)🌙
as of 08/21 06:03 PM
8/21 18:03

Option Volume

Detail
Current (08/21) 1,135,543
Calls: 851,071 (75%)
Puts: 284,472 (25%)
Prior (08/20) 746,828
Calls: 530,753 (71%)
Puts: 216,075 (29%)
Current vs Prior +52.05%
Calls: +60.35% (Calls)
Puts: +31.65% (Puts)
Prior 7-Day Total 4,215,925
Calls: 2,886,928 (68%)
Puts: 1,328,997 (32%)
Prior 7-Day Average 602,275
Calls: 412,418 (68%)
Puts: 189,856 (32%)
Current vs Prior 7-Day Avg +88.54%
Calls: +106.36%
Puts: +49.84%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/21) $1.22B
Calls: $1.11B (91%)
Puts: $106.42M (9%)
Prior (08/20) $408.31M
Calls: $280.13M (69%)
Puts: $128.17M (31%)
Current vs Prior +197.91%
Calls: +296.23%
Puts: -16.97%
Prior 7-Day Total $2.75B
Calls: $1.75B (64%)
Puts: $995.66M (36%)
Prior 7-Day Average $392.62M
Calls: $250.38M (64%)
Puts: $142.24M (36%)
Current vs Prior 7-Day Avg +209.82%
Calls: +343.32%
Puts: -25.18%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/21) 0.33
Prior (08/20) 0.41
Current vs Prior -17.90%
Prior 7-Day Average 0.51
Current vs Prior 7-Day Avg -34.84%
Sentiment BULLISH

Open Interest

Detail
Current (08/21) 3,170,021
Calls: 1,786,116 (56%)
Puts: 1,383,905 (44%)
Prior (08/20) 3,013,208
Calls: 1,678,468 (56%)
Puts: 1,334,740 (44%)
Current vs Prior +5.20%
Prior 7-Day Total 20,376,232
Calls: 11,413,749 (56%)
Puts: 8,962,483 (44%)
Prior 7-Day Average 2,910,890
Calls: 1,630,535 (56%)
Puts: 1,280,354 (44%)
Current vs Prior 7-Day Avg +8.90%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 1.12% | 9.48%1.12% | 19.14%
Prior 4.88% | 10.29%4.88% | 19.82%
Current vs Prior +94.34% | +25.80%-77.13% | -3.43%
Prior 7-Day Avg 5.56% | 9.67%6.31% | 17.43%
Current vs 7-Day Avg +70.55% | +33.80%-82.34% | +9.81%
Prior 7-Day Eod 1.54% | 9.33%4.88% | 19.82%
Current vs 7-Day Eod +514.79% | +38.65%-77.13% | -3.43%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 4.88% | 5.45%
Calls: 5.98% | 3.48%
Puts: 3.77% | 7.41%
Prior 4.88% | 5.45%
Calls: 5.98% | 3.48%
Puts: 3.77% | 7.41%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 9.65% | 4.89%
Calls: 10.13% | 4.08%
Puts: 8.70% | 5.38%
Current vs 7-Day Avg -49.42% | +11.42%
Liquidity Acceptable
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🤖 AI Insights

Strong bullish conviction with 91% of dollar volume in calls ($1.11B) vs puts ($106.42M). Massive premium surge with dollar volume up 198% vs prior. Dollar volume significantly above 7-day average (210% higher). Above-average activity with volume up 52% vs prior.

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 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 265 of results (avg 5.7%, best 1.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Aug 285.055.10$5.071.0%21.4K0.5017.1K
$110.00Aug 2810.8011.00$10.901.8%2.2K0.793.9K
$120.00Sep 189.8510.05$9.952.0%4.6K0.535.6K
$100.00Sep 1821.8022.25$22.032.0%5820.8236.9K
$105.00Aug 2114.0514.40$14.232.5%12.7K1.0030.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Aug 285.705.80$5.751.7%1.8K0.50438
$125.00Aug 288.959.15$9.052.2%3.2K0.63174
$140.00Sep 1824.4025.00$24.702.4%560.724.3K
$135.00Sep 1820.4020.95$20.672.7%170.671.1K
$130.00Sep 1816.7017.20$16.952.9%2230.611.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.70, cheapest $0.47)

CALLS (0)
No calls meet the criteria
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$102.00Aug 280.440.50$0.4712.8%7530.07747
$105.00Aug 280.720.78$0.758.0%8080.111.5K
$106.00Aug 280.820.93$0.8812.5%1.9K0.132.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 200 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$96.00Aug 2123.0023.65$23.332.8%4731.003.5K
$96.50Aug 2122.5023.15$22.832.8%1.3K1.007.7K
$97.00Aug 2122.0022.65$22.332.9%1321.001.9K
$97.50Aug 2121.5022.15$21.833.0%2.6K1.0015.6K
$98.00Aug 2121.0021.65$21.333.0%6.8K1.0012.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$135.00Aug 2115.3516.00$15.684.1%291.0021
$140.00Aug 2120.3521.25$20.804.3%41.00139
$130.00Aug 2110.3511.00$10.686.1%680.99299
$125.00Aug 215.505.95$5.737.9%1.9K0.991.2K
$140.00Aug 2821.2022.00$21.603.7%200.8626

Most actively traded options today. High liquidity = easy entry/exit. 401 active (total vol 757.9K, top 110.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Aug 210.000.01$0.01100.0%110.3K0.0111.1K
$120.00Aug 210.080.10$0.0922.2%78.7K0.1912.7K
$130.00Aug 282.192.25$2.222.7%29.8K0.269.7K
$130.00Aug 210.000.01$0.01100.0%27.1K0.0013.1K
$119.00Aug 210.370.60$0.4946.9%23.3K0.591.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Aug 210.631.05$0.8450.0%20.0K0.811.6K
$115.00Aug 210.000.01$0.01100.0%13.1K0.012.9K
$119.00Aug 210.160.39$0.2882.1%12.9K0.4159
$118.00Aug 210.010.03$0.02100.0%10.3K0.064
$117.00Aug 210.000.01$0.01100.0%8.2K0.0122

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 18 strikes (avg 9.7%, max 30.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$119.00Aug 21Sep 4103.2%79.1%30.5%24.0K1.3K
$120.00Aug 21Oct 297.9%78.5%24.7%79.0K12.9K
$137.00Aug 28Sep 495.5%88.6%7.8%97121
$136.00Aug 28Sep 494.6%89.0%6.3%44231
$134.00Aug 28Sep 493.0%87.7%6.0%277216
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$119.00Aug 21Sep 4103.2%79.1%30.5%13.0K75
$120.00Aug 21Oct 297.9%78.5%24.7%20.3K1.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 231 found (best R:R 2.94, avg 2.27)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$125.00$130.00Sep 25$1.27$3.73$1.2748%2.94$126.27
$120.00$125.00Oct 2$1.75$3.25$1.7554%1.86$121.75
$135.00$140.00Oct 2$0.93$4.07$0.9338%4.38$135.93
$130.00$135.00Oct 2$1.30$3.70$1.3043%2.85$131.30
$125.00$130.00Sep 18$1.45$3.55$1.4546%2.45$126.45
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$113.00$112.00Oct 2$0.20$0.80$0.2037%4.00$112.80
$109.00$108.00Oct 2$0.18$0.82$0.1831%4.56$108.82
$106.00$105.00Sep 25$0.18$0.82$0.1826%4.56$105.82
$120.00$119.00Aug 21$0.56$0.44$0.5681%0.79$119.44
$108.00$107.00Sep 25$0.23$0.77$0.2329%3.35$107.77

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 152 found (best R:R 0.77, avg 0.50)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$127.00$128.00Sep 4$0.38$0.38$0.6262%0.61$127.38
$136.00$137.00Sep 4$0.22$0.22$0.7875%0.28$136.22
$123.00$124.00Sep 4$0.42$0.42$0.5854%0.72$123.42
$121.00$122.00Sep 4$0.45$0.45$0.5550%0.82$121.45
$126.00$127.00Aug 28$0.29$0.29$0.7166%0.41$126.29
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$115.00$110.00Sep 18$2.18$2.18$2.8261%0.77$112.82
$110.00$105.00Sep 18$1.70$1.70$3.3069%0.52$108.30
$102.00$101.00Sep 25$0.57$0.57$0.4378%1.33$101.43
$105.00$100.00Sep 18$1.27$1.27$3.7376%0.34$103.73
$115.00$114.00Oct 2$0.65$0.65$0.3561%1.86$114.35

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $2.45, cheapest $4.92)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$119.00Aug 21Aug 28$5.06103.2%81.5%
$128.00Aug 28Sep 4$1.8588.5%83.8%
$126.00Aug 28Sep 4$2.0587.1%84.1%
$124.00Aug 28Sep 4$2.0885.5%82.6%
$127.00Aug 28Sep 4$2.0487.1%84.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$119.00Aug 21Aug 28$4.92103.2%81.5%
$124.00Aug 28Sep 4$1.9785.5%82.6%
$127.00Aug 28Sep 4$1.8887.1%84.5%
$122.00Aug 28Sep 4$2.0084.0%81.6%
$123.00Aug 28Sep 4$1.9784.9%83.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 105 found (cheapest 0.65% of stock, avg 13.59%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$119.00Aug 21$0.49$0.28$0.77$118.23$119.770.65%
$120.00Aug 21$0.09$0.84$0.93$119.07$120.930.78%
$118.00Aug 21$1.37$0.02$1.39$116.61$119.391.17%
$117.00Aug 21$2.20$0.01$2.21$114.79$119.211.85%
$116.00Aug 21$3.31$0.01$3.32$112.68$119.322.78%
$115.00Aug 21$4.35$0.01$4.36$110.64$119.363.66%
$114.00Aug 21$5.28$0.03$5.31$108.69$119.314.45%
$125.00Aug 21$0.01$5.73$5.74$119.26$130.744.81%
$113.00Aug 21$6.28$0.01$6.29$106.71$119.295.27%
$112.00Aug 21$7.35$0.01$7.36$104.64$119.366.17%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 132 found (cheapest 0.09% of stock, avg 10.99%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$120.00$118.00Aug 21$0.09$0.02$0.11$117.89$120.11
$120.00$119.00Aug 21$0.09$0.28$0.37$118.63$120.37
$125.00$116.00Aug 28$3.35$3.65$7.00$109.00$132.00
$124.00$116.00Aug 28$3.65$3.65$7.30$108.70$131.30
$140.00$100.00Sep 18$4.33$2.53$6.86$93.14$146.86
$125.00$117.00Aug 28$3.35$4.13$7.48$109.52$132.48
$124.00$117.00Aug 28$3.65$4.13$7.78$109.22$131.78
$123.00$116.00Aug 28$3.97$3.65$7.62$108.38$130.62
$123.00$117.00Aug 28$3.97$4.13$8.10$108.90$131.10
$122.00$116.00Aug 28$4.30$3.65$7.95$108.05$129.95

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 52 found (best R:R 1.86, avg credit $0.67)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
113/114126/127Aug 28$0.65$0.3534%1.86$113.35$126.65
111/112126/127Aug 28$0.58$0.4239%1.38$111.42$126.58
110/111126/127Aug 28$0.55$0.4542%1.22$110.45$126.55
112/113126/127Aug 28$0.60$0.4036%1.50$112.40$126.60
109/110126/127Aug 28$0.52$0.4844%1.08$109.48$126.52
113/114129/130Aug 28$0.56$0.4440%1.27$113.44$129.56
106/107126/127Aug 28$0.45$0.5551%0.82$106.55$126.45
108/109126/127Aug 28$0.49$0.5147%0.96$108.51$126.49
103/104126/127Aug 28$0.40$0.6056%0.67$103.60$126.40
107/108126/127Aug 28$0.46$0.5449%0.85$107.54$126.46

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 124 found (best R:R 82.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$120.00$125.00$130.00Aug 21$0.08$4.9218%61.50
$130.00$135.00$140.00Sep 11$0.07$4.9312%70.43
$120.00$125.00$130.00Sep 11$0.30$4.7016%15.67
$130.00$135.00$140.00Sep 18$0.17$4.8311%28.41
$110.00$115.00$120.00Sep 18$0.30$4.7016%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$120.00$125.00$130.00Aug 21$0.06$4.9418%82.33
$125.00$130.00$135.00Sep 25$0.08$4.9211%61.50
$118.00$119.00$120.00Aug 21$0.30$0.7075%2.33
$115.00$120.00$125.00Sep 18$0.32$4.6815%14.62
$125.00$130.00$135.00Sep 11$0.29$4.7114%16.24

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 $-0.78, 35 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$117.00$118.001:2Aug 21-$0.54$0.46
$125.00$130.001:2Aug 21-$0.01$4.99
$130.00$135.001:2Aug 21-$0.01$4.99
$135.00$140.001:2Aug 21-$0.01$4.99
$137.00$140.001:2Aug 28-$0.74$2.26
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$130.00$125.001:2Aug 21-$0.78$4.22
$118.00$117.001:2Aug 21$0.00$1.00
$97.00$96.001:2Aug 28-$0.18$0.82
$99.00$98.001:2Aug 28-$0.25$0.75
$98.00$97.001:2Aug 28-$0.26$0.74

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 60 found (best yield 5.20%, avg 3.86%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$140.00Oct 2$6.200.3317.4%5.20%22.60%166360
$135.00Oct 2$6.900.3813.2%5.79%18.99%8385
$130.00Oct 2$8.250.439.0%6.92%15.93%252399
$125.00Oct 2$10.000.494.8%8.39%13.21%344327
$120.00Oct 2$12.050.550.6%10.10%10.73%341219
$130.00Sep 25$7.650.429.0%6.42%15.43%617698
$135.00Sep 25$6.150.3613.2%5.16%18.36%166416
$120.00Sep 25$11.200.540.6%9.39%10.02%698498
$125.00Sep 25$8.800.474.8%7.38%12.20%711445
$140.00Sep 25$5.000.3117.4%4.19%21.59%3221.2K

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 851,071
Total Puts 284,472
Put/Call Ratio 0.33
Net Difference 566,599

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 2,886,928
Total Puts 1,328,997
Average Put/Call Ratio 0.51
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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