Tour v526
MSTR
STRATEGY INC A
$123.19 -2.87%
$124.45 (+1.02%)🌙
as of 08/26 06:04 PM
8/26 18:04

Option Volume

Detail
Current (08/26) 329,632
Calls: 211,008 (64%)
Puts: 118,624 (36%)
Prior (08/25) 359,011
Calls: 193,116 (54%)
Puts: 165,895 (46%)
Current vs Prior -8.18%
Calls: +9.26% (Calls)
Puts: -28.49% (Puts)
Prior 7-Day Total 4,109,278
Calls: 2,740,564 (67%)
Puts: 1,368,714 (33%)
Prior 7-Day Average 587,039
Calls: 391,509 (67%)
Puts: 195,530 (33%)
Current vs Prior 7-Day Avg -43.85%
Calls: -46.10%
Puts: -39.33%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/26) $197.24M
Calls: $86.97M (44%)
Puts: $110.27M (56%)
Prior (08/25) $235.19M
Calls: $133.45M (57%)
Puts: $101.74M (43%)
Current vs Prior -16.14%
Calls: -34.83%
Puts: +8.38%
Prior 7-Day Total $2.70B
Calls: $1.93B (71%)
Puts: $772.48M (29%)
Prior 7-Day Average $385.79M
Calls: $275.44M (71%)
Puts: $110.35M (29%)
Current vs Prior 7-Day Avg -48.87%
Calls: -68.42%
Puts: -0.08%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/26) 0.56
Prior (08/25) 0.86
Current vs Prior -34.56%
Prior 7-Day Average 0.58
Current vs Prior 7-Day Avg -3.44%
Sentiment BULLISH

Open Interest

Detail
Current (08/26) 2,735,499
Calls: 1,494,086 (55%)
Puts: 1,241,413 (45%)
Prior (08/25) 2,677,032
Calls: 1,482,085 (55%)
Puts: 1,194,947 (45%)
Current vs Prior +2.18%
Prior 7-Day Total 20,229,411
Calls: 11,312,380 (56%)
Puts: 8,917,031 (44%)
Prior 7-Day Average 2,889,915
Calls: 1,616,054 (56%)
Puts: 1,273,861 (44%)
Current vs Prior 7-Day Avg -5.34%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 5.26% | 9.38%14.19% | 23.28%
Prior 6.69% | 10.60%15.44% | 24.57%
Current vs Prior -21.33% | -11.59%-8.09% | -5.24%
Prior 7-Day Avg 6.61% | 10.54%6.66% | 18.79%
Current vs 7-Day Avg -20.38% | -11.02%+112.98% | +23.90%
Prior 7-Day Eod 6.69% | 10.60%15.44% | 24.57%
Current vs 7-Day Eod -21.33% | -11.59%-8.09% | -5.24%
Sentiment BULLISHBULLISH

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 7.55% | 5.04%
Calls: 9.63% | 3.93%
Puts: 5.48% | 6.14%
Current vs 7-Day Avg -35.39% | +8.20%
Liquidity Acceptable
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🤖 AI Insights

Bullish P/C ratio of 0.56. P/C ratio dropping 35% - sentiment shifting bullish.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
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 314 of results (avg 5.9%, best 2.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 2823.0023.65$23.332.8%541.004.3K
$102.00Aug 2821.0521.65$21.352.8%591.001.9K
$100.00Sep 1824.4025.10$24.752.8%420.9036.4K
$101.00Aug 2822.0022.65$22.332.9%341.00710
$103.00Aug 2820.0520.65$20.352.9%381.00687
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Sep 1823.8024.40$24.102.5%30.782.7K
$140.00Sep 1819.6020.15$19.882.8%140.724.3K
$145.00Sep 422.1022.75$22.432.9%--0.87118
$147.00Sep 423.9524.70$24.333.1%--0.8812
$145.00Aug 2821.4522.15$21.803.2%40.98110

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 14 found (avg $0.50, cheapest $0.14)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Aug 280.180.20$0.1910.5%4.5K0.054.8K
$138.00Aug 280.240.27$0.2611.5%4290.07455
$135.00Aug 280.380.42$0.4010.0%3.1K0.103.5K
$136.00Aug 280.320.37$0.3514.3%2640.09600
$132.00Aug 280.650.77$0.7116.9%1.5K0.162.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Aug 280.130.15$0.1414.3%3.3K0.045.6K
$113.00Aug 280.270.32$0.3016.7%2590.08778
$105.00Aug 280.050.06$0.0616.7%5420.022.4K
$115.00Aug 280.490.58$0.5317.0%2.2K0.134.9K
$116.00Aug 280.580.69$0.6417.2%1.0K0.16567

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 229 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$99.00Aug 2823.8024.65$24.233.5%11.00632
$100.00Aug 2823.0023.65$23.332.8%541.004.3K
$101.00Aug 2822.0022.65$22.332.9%341.00710
$102.00Aug 2821.0521.65$21.352.8%591.001.9K
$103.00Aug 2820.0520.65$20.352.9%381.00687
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$147.00Aug 2823.4524.35$23.903.8%20.983
$145.00Aug 2821.4522.15$21.803.2%40.98110
$146.00Aug 2822.4523.70$23.085.4%20.9733
$144.00Aug 2820.5021.70$21.105.7%40.971
$143.00Aug 2819.5020.15$19.833.3%90.961

Most actively traded options today. High liquidity = easy entry/exit. 467 active (total vol 231.4K, top 22.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 280.931.02$0.989.2%22.0K0.2222.6K
$125.00Aug 282.252.33$2.293.5%15.2K0.423.3K
$123.00Aug 282.953.25$3.109.7%12.1K0.5219.5K
$128.00Aug 281.331.51$1.4212.7%11.3K0.299.9K
$126.00Aug 281.872.08$1.9810.6%10.2K0.371.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Aug 281.601.69$1.655.5%10.4K0.335.5K
$122.00Aug 282.242.48$2.3610.2%5.4K0.432.8K
$110.00Aug 280.130.15$0.1414.3%3.3K0.045.6K
$114.00Aug 280.310.41$0.3627.8%2.9K0.104.0K
$123.00Aug 282.823.10$2.969.5%2.8K0.48528

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 23.8%, max 31.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$132.00Aug 28Oct 294.7%72.2%31.2%1.5K2.1K
$131.00Aug 28Oct 293.0%72.2%28.9%2.0K937
$129.00Aug 28Oct 291.5%71.9%27.2%1.6K6.5K
$128.00Aug 28Oct 290.9%71.7%26.8%11.4K10.0K
$130.00Aug 28Oct 291.5%72.3%26.6%22.1K23.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$132.00Aug 28Sep 2594.7%71.9%31.6%237313
$129.00Aug 28Sep 1891.5%70.9%29.2%106155
$128.00Aug 28Sep 1890.9%70.7%28.6%510447
$130.00Aug 28Oct 291.5%72.3%26.6%191498
$126.00Aug 28Oct 289.1%71.6%24.4%1.3K1.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 296 found (best R:R 3.67, avg 2.34)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$135.00$140.00Sep 18$1.07$3.93$1.0734%3.67$136.07
$140.00$145.00Sep 18$0.85$4.15$0.8528%4.88$140.85
$103.00$104.00Oct 2$0.52$0.48$0.5282%0.92$103.52
$140.00$143.00Oct 2$0.68$2.32$0.6834%3.41$140.68
$145.00$147.00Oct 2$0.35$1.65$0.3529%4.71$145.35
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$107.00$106.00Oct 2$0.13$0.87$0.1322%6.69$106.87
$110.00$109.00Sep 25$0.15$0.85$0.1524%5.67$109.85
$124.00$123.00Aug 28$0.42$0.58$0.4253%1.38$123.58
$110.00$109.00Sep 11$0.11$0.89$0.1118%8.09$109.89
$104.00$103.00Sep 25$0.10$0.90$0.1017%9.00$103.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 208 found (best R:R 0.52, avg 0.48)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$131.00$132.00Sep 4$0.33$0.33$0.6768%0.49$131.33
$134.00$135.00Aug 28$0.11$0.11$0.8988%0.12$134.11
$126.00$127.00Aug 28$0.34$0.34$0.6663%0.52$126.34
$141.00$142.00Sep 4$0.14$0.14$0.8684%0.16$141.14
$140.00$141.00Sep 4$0.15$0.15$0.8583%0.18$140.15
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$101.00$100.00Sep 25$0.34$0.34$0.6686%0.52$100.66
$118.00$117.00Sep 25$0.55$0.55$0.4563%1.22$117.45
$123.00$122.00Sep 4$0.62$0.62$0.3853%1.63$122.38
$102.00$101.00Oct 2$0.31$0.31$0.6983%0.45$101.69
$106.00$105.00Oct 2$0.35$0.35$0.6578%0.54$105.65

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 16 found (avg debit $2.40, cheapest $2.35)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$126.00Aug 28Sep 4$2.4789.1%73.9%
$127.00Aug 28Sep 4$2.4488.8%74.0%
$125.00Aug 28Sep 4$2.5187.5%73.0%
$124.00Aug 28Sep 4$2.5487.0%72.8%
$120.00Aug 28Sep 4$2.3083.7%69.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$126.00Aug 28Sep 4$2.3589.1%73.9%
$127.00Aug 28Sep 4$2.3188.8%74.0%
$125.00Aug 28Sep 4$2.4087.5%73.0%
$124.00Aug 28Sep 4$2.5287.0%72.8%
$120.00Aug 28Sep 4$2.1883.7%69.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 135 found (cheapest 4.92% of stock, avg 12.75%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$122.00Aug 28$3.70$2.36$6.06$115.94$128.064.92%
$123.00Aug 28$3.10$2.96$6.06$116.94$129.064.92%
$124.00Aug 28$2.69$3.38$6.07$117.93$130.074.93%
$121.00Aug 28$4.28$1.96$6.24$114.76$127.245.07%
$125.00Aug 28$2.29$4.00$6.29$118.71$131.295.11%
$120.00Aug 28$4.95$1.65$6.60$113.40$126.605.36%
$126.00Aug 28$1.98$4.63$6.61$119.39$132.615.37%
$119.00Aug 28$5.63$1.29$6.92$112.08$125.925.62%
$127.00Aug 28$1.64$5.32$6.96$120.04$133.965.65%
$118.00Aug 28$6.38$1.02$7.40$110.60$125.406.01%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 2.20% of stock, avg 10.33%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$128.00$119.00Aug 28$1.42$1.29$2.71$116.29$130.71
$127.00$119.00Aug 28$1.64$1.29$2.93$116.07$129.93
$128.00$120.00Aug 28$1.42$1.65$3.07$116.93$131.07
$127.00$120.00Aug 28$1.64$1.65$3.29$116.71$130.29
$126.00$119.00Aug 28$1.98$1.29$3.27$115.73$129.27
$128.00$121.00Aug 28$1.42$1.96$3.38$117.62$131.38
$127.00$121.00Aug 28$1.64$1.96$3.60$117.40$130.60
$126.00$120.00Aug 28$1.98$1.65$3.63$116.37$129.63
$126.00$121.00Aug 28$1.98$1.96$3.94$117.06$129.94
$125.00$119.00Aug 28$2.29$1.29$3.58$115.42$128.58

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 98 found (best R:R 1.56, avg credit $0.43)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
112/113131/132Sep 4$0.61$0.3948%1.56$112.39$131.61
109/110131/132Sep 4$0.54$0.4653%1.17$109.46$131.54
114/115131/132Sep 4$0.61$0.3943%1.56$114.39$131.61
105/106131/132Sep 4$0.45$0.5559%0.82$105.55$131.45
112/113133/134Sep 4$0.51$0.4952%1.04$112.49$133.51
114/115134/135Aug 28$0.28$0.7274%0.39$114.72$134.28
119/120134/135Aug 28$0.47$0.5355%0.89$119.53$134.47
117/118131/132Sep 4$0.67$0.3335%2.03$117.33$131.67
116/117131/132Sep 4$0.64$0.3638%1.78$116.36$131.64
115/116131/132Sep 4$0.61$0.3941%1.56$115.39$131.61

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 128 found (best R:R 21.73, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$135.00$140.00$145.00Sep 18$0.22$4.7812%21.73
$143.00$145.00$147.00Oct 2$0.05$1.954%39.00
$118.00$119.00$120.00Aug 28$0.07$0.9310%13.29
$119.00$120.00$121.00Sep 4$0.05$0.956%19.00
$117.00$118.00$119.00Sep 4$0.05$0.956%19.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$135.00$140.00$145.00Sep 25$0.24$4.7611%19.83
$130.00$132.00$134.00Sep 11$0.07$1.937%27.57
$135.00$140.00$145.00Sep 18$0.32$4.6812%14.62
$125.00$126.00$127.00Aug 28$0.06$0.949%15.67
$128.00$129.00$130.00Aug 28$0.06$0.947%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. 66 found (best net $-0.49, 66 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$144.00$145.001:2Aug 28-$0.06$0.94
$143.00$144.001:2Aug 28-$0.08$0.92
$139.00$140.001:2Aug 28-$0.15$0.85
$142.00$143.001:2Aug 28-$0.15$0.85
$141.00$142.001:2Aug 28-$0.16$0.84
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$105.00$100.001:2Sep 18-$0.49$4.51
$103.00$102.001:2Aug 28$0.00$1.00
$108.00$107.001:2Aug 28-$0.05$0.95
$105.00$104.001:2Aug 28-$0.06$0.94
$104.00$103.001:2Aug 28-$0.06$0.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 121 found (best yield 5.44%, avg 3.36%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$135.00Oct 2$6.700.409.6%5.44%15.03%15159
$133.00Oct 2$7.300.428.0%5.93%13.89%396
$130.00Oct 2$8.250.465.5%6.70%12.23%67597
$134.00Oct 2$6.900.418.8%5.60%14.38%305
$129.00Oct 2$8.550.474.7%6.94%11.66%811
$131.00Oct 2$7.850.446.3%6.37%12.71%217
$132.00Oct 2$7.500.437.2%6.09%13.24%--10
$136.00Oct 2$6.400.3810.4%5.20%15.59%3018
$138.00Oct 2$5.900.3612.0%4.79%16.81%130
$128.00Oct 2$8.900.483.9%7.22%11.13%15620

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 211,008
Total Puts 118,624
Put/Call Ratio 0.56
Net Difference 92,384

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 2,740,564
Total Puts 1,368,714
Average Put/Call Ratio 0.58
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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