Tour v526
MSTR
STRATEGY INC A
$126.83 +3.42%
$125.42 (-1.11%)🌙
as of 08/25 06:04 PM
(8/21 18:03) ◀
|
Tuesday, August 25, 2026 (6:04pm)
January 2026
|
▶ (8/26 18:04)
◀ 8/25 18:04 ▶

Option Volume

Detail
ℹ
Current (08/25) 359,011
Calls: 193,116 (54%)
Puts: 165,895 (46%)
Prior (08/21) 1,135,543
Calls: 851,071 (75%)
Puts: 284,472 (25%)
Current vs Prior -68.38%
Calls: -77.31% (Calls)
Puts: -41.68% (Puts)
Prior 7-Day Total 3,750,267
Calls: 2,547,448 (68%)
Puts: 1,202,819 (32%)
Prior 7-Day Average 625,044
Calls: 363,921 (68%)
Puts: 171,831 (32%)
Current vs Prior 7-Day Avg -42.56%
Calls: -46.93%
Puts: -3.45%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (08/25) $235.19M
Calls: $133.45M (57%)
Puts: $101.74M (43%)
Prior (08/21) $1.22B
Calls: $1.11B (91%)
Puts: $106.42M (9%)
Current vs Prior -80.67%
Calls: -87.98%
Puts: -4.40%
Prior 7-Day Total $2.47B
Calls: $1.79B (73%)
Puts: $670.74M (27%)
Prior 7-Day Average $410.89M
Calls: $256.37M (73%)
Puts: $95.82M (27%)
Current vs Prior 7-Day Avg -42.76%
Calls: -47.95%
Puts: +6.18%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (08/25) 0.86
Prior (08/21) 0.33
Current vs Prior +157.00%
Prior 7-Day Average 0.54
Current vs Prior 7-Day Avg +60.22%
Sentiment NEUTRAL

Open Interest

Detail
ℹ
Current (08/25) 2,677,032
Calls: 1,482,085 (55%)
Puts: 1,194,947 (45%)
Prior (08/21) 3,170,021
Calls: 1,786,116 (56%)
Puts: 1,383,905 (44%)
Current vs Prior -15.55%
Prior 7-Day Total 17,552,379
Calls: 9,830,295 (56%)
Puts: 7,722,084 (44%)
Prior 7-Day Average 2,925,396
Calls: 1,638,382 (56%)
Puts: 1,287,014 (44%)
Current vs Prior 7-Day Avg -8.49%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 6.69% | 10.60%15.44% | 24.57%
Prior 9.48% | 12.94%1.12% | 19.14%
Current vs Prior -29.44% | -18.04%+1284.20% | +28.33%
Prior 7-Day Avg 6.59% | 10.53%5.20% | 17.83%
Current vs 7-Day Avg +1.41% | +0.75%+196.90% | +37.82%
Prior 7-Day Eod 9.48% | 12.94%1.12% | 19.14%
Current vs 7-Day Eod -29.44% | -18.04%+1284.20% | +28.33%
Sentiment BULLISHBEARISH

Relative Spread

Detail
ℹ
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 8.00% | 4.97%
Calls: 10.24% | 4.00%
Puts: 5.76% | 5.93%
Current vs 7-Day Avg -38.99% | +9.69%
Liquidity Acceptable
+
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🤖 AI Insights

Light premium activity with dollar volume down 81% vs prior. Below-average activity with volume down 68% vs prior. P/C ratio rising 157% - increased hedging/bearish positioning. Declining open interest (down 16%) indicates positions being closed.

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 NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 327 of results (avg 5.5%, best 1.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$124.00Aug 285.505.60$5.551.8%2.3K0.6315.0K
$106.00Sep 421.3521.75$21.551.9%110.92314
$126.00Aug 284.404.50$4.452.2%4.5K0.552.1K
$130.00Sep 188.308.50$8.402.4%1.4K0.4910.8K
$102.00Aug 2824.8025.40$25.102.4%1530.981.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Sep 1811.1011.35$11.232.2%900.511.6K
$150.00Sep 1825.7026.30$26.002.3%50.763.5K
$145.00Sep 1821.5522.10$21.832.5%300.712.7K
$149.00Aug 2821.9022.50$22.202.7%90.937
$150.00Aug 2822.8523.50$23.182.8%120.9414

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 15 found (avg $0.63, cheapest $0.18)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Aug 280.390.43$0.419.8%1.7K0.082.5K
$143.00Aug 280.500.56$0.5311.3%3400.1084
$140.00Aug 280.770.80$0.793.8%7.0K0.145.2K
$139.00Aug 280.850.95$0.9011.1%6050.16383
$138.00Aug 280.891.08$0.9919.2%7630.17257
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Aug 280.170.19$0.1811.1%4.7K0.045.3K
$107.00Aug 280.100.11$0.119.1%6200.021.8K
$113.00Aug 280.320.36$0.3411.8%1.3K0.07953
$114.00Aug 280.390.44$0.4211.9%2.7K0.094.9K
$115.00Aug 280.500.56$0.5311.3%9.8K0.103.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 228 found (avg delta 0.72, highest 0.98)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$102.00Aug 2824.8025.40$25.102.4%1530.981.9K
$103.00Aug 2823.2524.40$23.834.8%120.98698
$105.00Aug 2821.8022.45$22.132.9%3590.982.8K
$106.00Aug 2820.8021.45$21.133.1%560.981.7K
$104.00Aug 2822.2523.40$22.835.0%420.981.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Aug 2822.8523.50$23.182.8%120.9414
$149.00Aug 2821.9022.50$22.202.7%90.937
$147.00Aug 2819.9520.60$20.273.2%10.932
$146.00Aug 2819.0019.65$19.333.4%320.921
$145.00Aug 2818.0518.70$18.383.5%400.9186

Most actively traded options today. High liquidity = easy entry/exit. 486 active (total vol 226.0K, top 14.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 282.752.85$2.803.6%14.0K0.4021.8K
$128.00Aug 283.503.60$3.552.8%9.6K0.479.9K
$125.00Aug 284.905.25$5.086.9%7.8K0.594.0K
$132.00Aug 281.942.29$2.1216.5%7.1K0.331.2K
$140.00Aug 280.770.80$0.793.8%7.0K0.145.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Aug 281.321.39$1.365.1%11.9K0.232.6K
$115.00Aug 280.500.56$0.5311.3%9.8K0.103.8K
$110.00Aug 280.170.19$0.1811.1%4.7K0.045.3K
$125.00Aug 283.003.10$3.053.3%4.2K0.413.6K
$122.00Aug 281.881.94$1.913.1%4.0K0.29540

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 40 strikes (avg 21.1%, max 27.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$139.00Aug 28Oct 297.8%77.0%27.0%649383
$138.00Aug 28Oct 295.6%76.2%25.4%769282
$137.00Aug 28Oct 296.1%77.0%24.8%636863
$136.00Aug 28Oct 295.1%76.4%24.5%1.2K785
$118.00Aug 28Oct 289.2%72.1%23.8%467452
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$118.00Aug 28Sep 2589.2%71.6%24.6%1.4K2.7K
$134.00Aug 28Oct 294.6%76.7%23.4%7356
$135.00Aug 28Oct 293.6%76.1%23.0%191109
$127.00Aug 28Oct 289.0%72.9%22.1%3.4K833
$119.00Aug 28Oct 288.1%72.3%21.9%1.0K737

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 320 found (best R:R 3.00, avg 2.36)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$135.00$140.00Sep 18$1.25$3.75$1.2541%3.00$136.25
$140.00$145.00Sep 18$1.08$3.92$1.0835%3.63$141.08
$106.00$107.00Sep 18$0.43$0.57$0.4386%1.33$106.43
$125.00$126.00Sep 11$0.18$0.82$0.1857%4.56$125.18
$121.00$122.00Sep 11$0.30$0.70$0.3065%2.33$121.30
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$137.00$135.00Sep 4$1.20$0.80$1.2069%0.67$135.80
$110.00$109.00Oct 2$0.17$0.83$0.1723%4.88$109.83
$111.00$110.00Sep 25$0.17$0.83$0.1723%4.88$110.83
$106.00$105.00Sep 25$0.12$0.88$0.1217%7.33$105.88
$118.00$117.00Sep 4$0.21$0.79$0.2126%3.76$117.79

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 226 found (best R:R 0.74, avg 0.48)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$142.00$143.00Sep 4$0.26$0.26$0.7477%0.35$142.26
$145.00$146.00Oct 2$0.38$0.38$0.6265%0.61$145.38
$145.00$146.00Sep 11$0.27$0.27$0.7375%0.37$145.27
$137.00$138.00Oct 2$0.45$0.45$0.5557%0.82$137.45
$139.00$140.00Sep 4$0.29$0.29$0.7172%0.41$139.29
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$119.00$117.00Oct 2$0.85$0.85$1.1565%0.74$118.15
$120.00$119.00Sep 18$0.50$0.50$0.5065%1.00$119.50
$116.00$115.00Sep 11$0.40$0.40$0.6075%0.67$115.60
$117.00$116.00Sep 4$0.38$0.38$0.6276%0.61$116.62
$123.00$122.00Sep 25$0.54$0.54$0.4660%1.17$122.46

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 20 found (avg debit $2.42, cheapest $2.37)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$127.00Aug 28Sep 4$2.4389.0%76.1%
$123.00Aug 28Sep 4$2.3788.0%75.3%
$126.00Aug 28Sep 4$2.6088.1%76.0%
$124.00Aug 28Sep 4$2.5088.0%76.3%
$130.00Aug 28Sep 4$2.4890.6%79.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$127.00Aug 28Sep 4$2.3789.0%76.1%
$123.00Aug 28Sep 4$2.1788.0%75.3%
$126.00Aug 28Sep 4$2.3588.1%76.0%
$124.00Aug 28Sep 4$2.3088.0%76.3%
$130.00Aug 28Sep 4$2.4090.6%79.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 123 found (cheapest 6.29% of stock, avg 13.62%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$126.00Aug 28$4.45$3.53$7.98$118.02$133.986.29%
$127.00Aug 28$4.00$4.03$8.03$118.97$135.036.33%
$128.00Aug 28$3.55$4.55$8.10$119.90$136.106.39%
$125.00Aug 28$5.08$3.05$8.13$116.87$133.136.41%
$124.00Aug 28$5.55$2.65$8.20$115.80$132.206.47%
$129.00Aug 28$3.15$5.13$8.28$120.72$137.286.53%
$123.00Aug 28$6.23$2.26$8.49$114.51$131.496.69%
$130.00Aug 28$2.80$5.75$8.55$121.45$138.556.74%
$122.00Aug 28$6.90$1.91$8.81$113.19$130.816.95%
$131.00Aug 28$2.40$6.45$8.85$122.15$139.856.98%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 3.45% of stock, avg 11.61%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$132.00$123.00Aug 28$2.12$2.26$4.38$118.62$136.38
$131.00$123.00Aug 28$2.40$2.26$4.66$118.34$135.66
$132.00$124.00Aug 28$2.12$2.65$4.77$119.23$136.77
$131.00$124.00Aug 28$2.40$2.65$5.05$118.95$136.05
$130.00$123.00Aug 28$2.80$2.26$5.06$117.94$135.06
$132.00$125.00Aug 28$2.12$3.05$5.17$119.83$137.17
$130.00$124.00Aug 28$2.80$2.65$5.45$118.55$135.45
$131.00$125.00Aug 28$2.40$3.05$5.45$119.55$136.45
$130.00$125.00Aug 28$2.80$3.05$5.85$119.15$135.85
$129.00$123.00Aug 28$3.15$2.26$5.41$117.59$134.41

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 85 found (best R:R 1.70, avg credit $0.59)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
116/117136/137Sep 4$0.63$0.3743%1.70$116.37$136.63
121/122134/135Aug 28$0.59$0.4143%1.44$121.41$134.59
117/118134/135Aug 28$0.46$0.5456%0.85$117.54$134.46
122/123134/135Aug 28$0.62$0.3839%1.63$122.38$134.62
116/117135/136Sep 4$0.59$0.4141%1.44$116.41$135.59
114/115134/135Aug 28$0.38$0.6262%0.61$114.62$134.38
119/120134/135Aug 28$0.50$0.5050%1.00$119.50$134.50
115/116134/135Aug 28$0.39$0.6160%0.64$115.61$134.39
105/106136/137Sep 4$0.39$0.6159%0.64$105.61$136.39
116/117134/135Aug 28$0.39$0.6158%0.64$116.61$134.39

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 132 found (best R:R 28.41, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$135.00$140.00$145.00Sep 18$0.17$4.8312%28.41
$140.00$145.00$150.00Sep 18$0.18$4.8211%26.78
$127.00$128.00$129.00Aug 28$0.05$0.958%19.00
$136.00$137.00$138.00Sep 11$0.05$0.953%19.00
$113.00$114.00$115.00Oct 2$0.05$0.953%19.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$140.00$145.00$150.00Sep 11$0.23$4.7711%20.74
$135.00$140.00$145.00Sep 18$0.26$4.7412%18.23
$135.00$140.00$145.00Sep 25$0.26$4.7412%18.23
$140.00$145.00$150.00Sep 18$0.29$4.7111%16.24
$127.00$128.00$129.00Aug 28$0.06$0.948%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. 49 found (best net $-0.05, 49 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$149.00$150.001:2Aug 28-$0.17$0.83
$147.00$148.001:2Aug 28-$0.19$0.81
$148.00$149.001:2Aug 28-$0.24$0.76
$146.00$147.001:2Aug 28-$0.28$0.72
$144.00$145.001:2Aug 28-$0.33$0.67
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$106.00$105.001:2Aug 28-$0.05$0.95
$104.00$103.001:2Aug 28-$0.06$0.94
$107.00$106.001:2Aug 28-$0.07$0.93
$103.00$102.001:2Aug 28-$0.08$0.92
$108.00$107.001:2Aug 28-$0.09$0.91

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 126 found (best yield 5.80%, avg 3.95%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$140.00Oct 2$7.350.4010.4%5.80%16.18%86486
$139.00Oct 2$7.600.419.6%5.99%15.59%44--
$135.00Oct 2$8.900.456.4%7.02%13.46%39173
$137.00Oct 2$8.200.438.0%6.47%14.48%310
$145.00Oct 2$6.200.3514.3%4.89%19.21%15271
$138.00Oct 2$7.850.428.8%6.19%15.00%625
$136.00Oct 2$8.500.447.2%6.70%13.93%164
$141.00Oct 2$7.000.3911.2%5.52%16.69%1--
$142.00Oct 2$6.750.3812.0%5.32%17.28%15
$134.00Oct 2$9.200.465.7%7.25%12.91%32

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 193,116
Total Puts 165,895
Put/Call Ratio 0.86
Net Difference 27,221

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 2,547,448
Total Puts 1,202,819
Average Put/Call Ratio 0.54
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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