Tour v526
MSTR
STRATEGY INC A
$132.94 +4.42%
$133.12 (+0.14%)🌙
as of 08/31 06:03 PM
8/31 18:03

Option Volume

Detail
Current (08/31) 290,904
Calls: 193,708 (67%)
Puts: 97,196 (33%)
Prior (08/28) 937,007
Calls: 634,010 (68%)
Puts: 302,997 (32%)
Current vs Prior -68.95%
Calls: -69.45% (Calls)
Puts: -67.92% (Puts)
Prior 7-Day Total 5,137,602
Calls: 3,499,964 (68%)
Puts: 1,637,638 (32%)
Prior 7-Day Average 733,943
Calls: 499,994 (68%)
Puts: 233,948 (32%)
Current vs Prior 7-Day Avg -60.36%
Calls: -61.26%
Puts: -58.45%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/31) $165.33M
Calls: $124.82M (75%)
Puts: $40.52M (25%)
Prior (08/28) $448.80M
Calls: $316.11M (70%)
Puts: $132.68M (30%)
Current vs Prior -63.16%
Calls: -60.52%
Puts: -69.46%
Prior 7-Day Total $3.40B
Calls: $2.55B (75%)
Puts: $850.37M (25%)
Prior 7-Day Average $485.88M
Calls: $364.39M (75%)
Puts: $121.48M (25%)
Current vs Prior 7-Day Avg -65.97%
Calls: -65.75%
Puts: -66.65%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/31) 0.50
Prior (08/28) 0.48
Current vs Prior +4.99%
Prior 7-Day Average 0.52
Current vs Prior 7-Day Avg -4.18%
Sentiment BULLISH

Open Interest

Detail
Current (08/31) 2,637,214
Calls: 1,491,915 (57%)
Puts: 1,145,299 (43%)
Prior (08/28) 2,962,963
Calls: 1,644,753 (56%)
Puts: 1,318,210 (44%)
Current vs Prior -10.99%
Prior 7-Day Total 20,228,112
Calls: 11,229,515 (56%)
Puts: 8,998,597 (44%)
Prior 7-Day Average 2,889,730
Calls: 1,604,216 (56%)
Puts: 1,285,513 (44%)
Current vs Prior 7-Day Avg -8.74%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 7.12% | 9.94%12.64% | 21.81%
Prior 7.84% | 10.35%13.10% | 22.41%
Current vs Prior -9.13% | -4.02%-3.55% | -2.66%
Prior 7-Day Avg 6.35% | 10.45%10.13% | 21.74%
Current vs 7-Day Avg +12.14% | -4.89%+24.73% | +0.33%
Prior 7-Day Eod 7.84% | 10.35%13.10% | 22.41%
Current vs 7-Day Eod -9.13% | -4.02%-3.55% | -2.66%
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 4.67% | 5.49%
Calls: 5.42% | 3.82%
Puts: 3.91% | 7.15%
Current vs 7-Day Avg +4.53% | -0.70%
Liquidity Acceptable
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🤖 AI Insights

Strong bullish conviction with 75% of dollar volume in calls ($124.82M) vs puts ($40.52M). Light premium activity with dollar volume down 63% vs prior. Below-average activity with volume down 69% vs prior. Bullish P/C ratio of 0.50.

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 359 of results (avg 5.6%, best 2.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$108.00Sep 424.7525.35$25.052.4%120.991.0K
$140.00Sep 185.605.75$5.682.6%2.9K0.416.1K
$107.00Sep 425.7526.45$26.102.7%80.99440
$111.00Sep 421.8022.40$22.102.7%50.97327
$108.00Sep 1125.1025.80$25.452.8%90.95116
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Sep 1823.9524.45$24.202.1%400.791.2K
$150.00Sep 1819.7020.20$19.952.5%90.743.5K
$157.50Sep 424.6025.25$24.932.6%--0.9221
$143.00Sep 411.3511.65$11.502.6%--0.7711
$150.00Sep 1118.5019.00$18.752.7%30.8059

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 19 found (avg $0.69, cheapest $0.22)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Sep 40.400.44$0.429.5%1.6K0.071.3K
$152.50Sep 40.520.57$0.549.3%1650.092.0K
$150.00Sep 40.680.74$0.718.5%4.0K0.125.6K
$149.00Sep 40.710.80$0.7611.8%3490.122.6K
$148.00Sep 40.790.92$0.8615.1%8400.143.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Sep 40.200.24$0.2218.2%2.0K0.045.9K
$110.00Sep 40.100.11$0.119.1%2.5K0.024.6K
$118.00Sep 40.350.41$0.3815.8%4.1K0.071.2K
$120.00Sep 40.520.56$0.547.4%7.9K0.104.0K
$121.00Sep 40.620.74$0.6817.6%8200.12600

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 221 found (avg delta 0.73, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$107.00Sep 425.7526.45$26.102.7%80.99440
$108.00Sep 424.7525.35$25.052.4%120.991.0K
$109.00Sep 423.7524.50$24.133.1%270.98271
$110.00Sep 422.7523.50$23.133.2%1450.981.0K
$111.00Sep 421.8022.40$22.102.7%50.97327
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.50Sep 424.6025.25$24.932.6%--0.9221
$155.00Sep 422.0022.80$22.403.6%--0.9142
$152.50Sep 419.7520.40$20.083.2%250.903
$150.00Sep 417.5018.10$17.803.4%80.8849
$149.00Sep 416.6017.15$16.883.3%10.87129

Most actively traded options today. High liquidity = easy entry/exit. 447 active (total vol 196.2K, top 18.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$135.00Sep 43.553.70$3.634.1%18.9K0.4511.7K
$130.00Sep 45.956.15$6.053.3%13.7K0.6213.6K
$140.00Sep 42.062.14$2.103.8%11.2K0.2924.5K
$132.00Sep 44.905.10$5.004.0%10.5K0.55926
$131.00Sep 45.355.60$5.484.6%6.3K0.598.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Sep 40.520.56$0.547.4%7.9K0.104.0K
$125.00Sep 41.341.39$1.373.6%4.1K0.215.3K
$118.00Sep 40.350.41$0.3815.8%4.1K0.071.2K
$129.00Sep 42.542.68$2.615.4%3.2K0.342.5K
$110.00Sep 40.100.11$0.119.1%2.5K0.024.6K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 48 strikes (avg 18.2%, max 26.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$147.00Sep 4Oct 992.0%72.6%26.7%5526.3K
$146.00Sep 4Oct 990.3%72.6%24.4%66220.0K
$145.00Sep 4Oct 989.6%72.5%23.5%3.6K6.3K
$144.00Sep 4Oct 988.7%72.3%22.6%2.6K2.4K
$143.00Sep 4Oct 987.7%72.4%21.1%5877.6K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$147.00Sep 4Sep 2592.0%72.7%26.4%126
$145.00Sep 4Oct 289.6%72.6%23.4%30198
$144.00Sep 4Sep 2588.7%72.2%22.8%170156
$143.00Sep 4Oct 287.7%72.1%21.6%113
$142.00Sep 4Sep 1186.4%72.3%19.5%5256

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 300 found (best R:R 3.55, avg 2.33)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$150.00$155.00Oct 9$1.10$3.90$1.1035%3.55$151.10
$135.00$140.00Sep 18$1.77$3.23$1.7750%1.82$136.77
$145.00$150.00Sep 18$1.00$4.00$1.0033%4.00$146.00
$150.00$155.00Oct 2$1.10$3.90$1.1033%3.55$151.10
$140.00$145.00Sep 18$1.46$3.54$1.4641%2.42$141.46
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$135.00$134.00Sep 25$0.42$0.58$0.4250%1.38$134.58
$114.00$113.00Oct 2$0.14$0.86$0.1420%6.14$113.86
$111.00$110.00Oct 2$0.12$0.88$0.1216%7.33$110.88
$128.00$127.00Sep 25$0.35$0.65$0.3538%1.86$127.65
$133.00$132.00Oct 2$0.43$0.57$0.4346%1.33$132.57

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 212 found (best R:R 1.63, avg 0.49)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$136.00$137.00Sep 4$0.41$0.41$0.5959%0.69$136.41
$147.00$148.00Sep 4$0.14$0.14$0.8684%0.16$147.14
$134.00$135.00Sep 25$0.50$0.50$0.5048%1.00$134.50
$134.00$135.00Oct 2$0.50$0.50$0.5047%1.00$134.50
$138.00$139.00Sep 4$0.31$0.31$0.6965%0.45$138.31
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$132.00$131.00Oct 2$0.62$0.62$0.3855%1.63$131.38
$115.00$113.00Oct 9$0.58$0.58$1.4278%0.41$114.42
$129.00$128.00Sep 25$0.55$0.55$0.4560%1.22$128.45
$132.00$131.00Oct 9$0.58$0.58$0.4256%1.38$131.42
$130.00$129.00Sep 25$0.53$0.53$0.4758%1.13$129.47

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 24 found (avg debit $1.84, cheapest $1.77)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$138.00Sep 4Sep 11$1.8384.6%71.5%
$139.00Sep 4Sep 11$1.8084.5%71.5%
$136.00Sep 4Sep 11$1.8783.5%70.5%
$133.00Sep 4Sep 11$1.9680.9%68.4%
$134.00Sep 4Sep 11$1.9282.1%69.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$138.00Sep 4Sep 11$1.7784.6%71.5%
$139.00Sep 4Sep 11$1.6984.5%71.5%
$136.00Sep 4Sep 11$1.8583.5%70.5%
$133.00Sep 4Sep 11$1.8180.9%68.4%
$134.00Sep 4Sep 11$1.8582.1%69.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 127 found (cheapest 6.72% of stock, avg 13.28%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$131.00Sep 4$5.48$3.45$8.93$122.07$139.936.72%
$133.00Sep 4$4.47$4.47$8.94$124.06$141.946.72%
$132.00Sep 4$5.00$3.95$8.95$123.05$140.956.73%
$134.00Sep 4$4.03$5.03$9.06$124.94$143.066.82%
$130.00Sep 4$6.05$3.03$9.08$120.92$139.086.83%
$129.00Sep 4$6.60$2.61$9.21$119.79$138.216.93%
$135.00Sep 4$3.63$5.63$9.26$125.74$144.266.97%
$128.00Sep 4$7.28$2.25$9.53$118.47$137.537.17%
$136.00Sep 4$3.28$6.25$9.53$126.47$145.537.17%
$137.00Sep 4$2.87$6.88$9.75$127.25$146.757.33%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 3.95% of stock, avg 10.95%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$138.00$129.00Sep 4$2.64$2.61$5.25$123.75$143.25
$137.00$129.00Sep 4$2.87$2.61$5.48$123.52$142.48
$138.00$130.00Sep 4$2.64$3.03$5.67$124.33$143.67
$137.00$130.00Sep 4$2.87$3.03$5.90$124.10$142.90
$136.00$129.00Sep 4$3.28$2.61$5.89$123.11$141.89
$138.00$131.00Sep 4$2.64$3.45$6.09$124.91$144.09
$137.00$131.00Sep 4$2.87$3.45$6.32$124.68$143.32
$136.00$130.00Sep 4$3.28$3.03$6.31$123.69$142.31
$136.00$131.00Sep 4$3.28$3.45$6.73$124.27$142.73
$135.00$129.00Sep 4$3.63$2.61$6.24$122.76$141.24

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 76 found (best R:R 1.13, avg credit $0.61)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
126/127141/142Sep 4$0.53$0.4745%1.13$126.47$141.53
120/121141/142Sep 4$0.37$0.6361%0.59$120.63$141.37
128/129141/142Sep 4$0.59$0.4139%1.44$128.41$141.59
125/126141/142Sep 4$0.49$0.5149%0.96$125.51$141.49
121/122141/142Sep 11$0.53$0.4744%1.13$121.47$141.53
127/128141/142Sep 4$0.55$0.4542%1.22$127.45$141.55
122/123141/142Sep 4$0.40$0.6056%0.67$122.60$141.40
119/120141/142Sep 11$0.48$0.5248%0.92$119.52$141.48
123/124141/142Sep 11$0.56$0.4440%1.27$123.44$141.56
121/122141/142Sep 4$0.37$0.6359%0.59$121.63$141.37

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 122 found (best R:R 15.13, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$135.00$140.00$145.00Sep 18$0.31$4.6917%15.13
$145.00$150.00$155.00Sep 18$0.20$4.8012%24.00
$134.00$135.00$136.00Sep 4$0.05$0.957%19.00
$123.00$124.00$125.00Sep 4$0.05$0.955%19.00
$123.00$124.00$125.00Sep 11$0.05$0.954%19.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$135.00$140.00$145.00Sep 18$0.37$4.6317%12.51
$145.00$150.00$155.00Sep 18$0.30$4.7012%15.67
$140.00$145.00$150.00Sep 18$0.38$4.6214%12.16
$140.00$142.00$144.00Sep 11$0.10$1.908%19.00
$128.00$129.00$130.00Sep 4$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. 50 found (best net $-0.07, 50 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$155.00$157.501:2Sep 4-$0.24$2.26
$152.50$155.001:2Sep 4-$0.30$2.20
$150.00$152.501:2Sep 4-$0.37$2.13
$150.00$155.001:2Sep 18-$1.62$3.38
$148.00$149.001:2Sep 4-$0.66$0.34
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$110.00$109.001:2Sep 4-$0.07$0.93
$112.00$111.001:2Sep 4-$0.09$0.91
$108.00$107.001:2Sep 4-$0.08$0.92
$111.00$110.001:2Sep 4-$0.09$0.91
$115.00$114.001:2Sep 4-$0.12$0.88

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 105 found (best yield 6.58%, avg 4.01%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$141.00Oct 9$8.750.456.1%6.58%12.64%1150
$140.00Oct 9$9.100.465.3%6.85%12.16%188
$143.00Oct 9$8.100.427.6%6.09%13.66%120
$145.00Oct 9$7.500.409.1%5.64%14.71%89
$139.00Oct 9$9.450.474.6%7.11%11.67%2010
$142.00Oct 9$8.400.436.8%6.32%13.13%2--
$146.00Oct 9$7.200.399.8%5.42%15.24%--30
$144.00Oct 9$7.750.418.3%5.83%14.15%--22
$147.00Oct 9$6.900.3810.6%5.19%15.77%15--
$138.00Oct 9$9.800.483.8%7.37%11.18%1411

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 193,708
Total Puts 97,196
Put/Call Ratio 0.50
Net Difference 96,512

Prior's Put/Call Breakdown

Total Calls 634,010
Total Puts 302,997
Put/Call Ratio 0.48
Net Difference 331,013

Prior 7-Day Put/Call Summary

Total Calls 3,499,964
Total Puts 1,637,638
Average Put/Call Ratio 0.52
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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