Tour v526
MSTR
STRATEGY INC A
$124.88 -6.06%
$124.50 (-0.30%)🌙
as of 09/01 06:04 PM
9/1 18:04

Option Volume

Detail
Current (09/01) 251,865
Calls: 139,285 (55%)
Puts: 112,580 (45%)
Prior (08/31) 290,904
Calls: 193,708 (67%)
Puts: 97,196 (33%)
Current vs Prior -13.42%
Calls: -28.10% (Calls)
Puts: +15.83% (Puts)
Prior 7-Day Total 4,639,104
Calls: 3,190,503 (69%)
Puts: 1,448,601 (31%)
Prior 7-Day Average 662,729
Calls: 455,786 (69%)
Puts: 206,943 (31%)
Current vs Prior 7-Day Avg -62.00%
Calls: -69.44%
Puts: -45.60%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/01) $119.17M
Calls: $66.73M (56%)
Puts: $52.45M (44%)
Prior (08/31) $165.33M
Calls: $124.82M (75%)
Puts: $40.52M (25%)
Current vs Prior -27.92%
Calls: -46.54%
Puts: +29.45%
Prior 7-Day Total $3.23B
Calls: $2.46B (76%)
Puts: $775.44M (24%)
Prior 7-Day Average $462.06M
Calls: $351.28M (76%)
Puts: $110.78M (24%)
Current vs Prior 7-Day Avg -74.21%
Calls: -81.00%
Puts: -52.66%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/01) 0.81
Prior (08/31) 0.50
Current vs Prior +61.09%
Prior 7-Day Average 0.51
Current vs Prior 7-Day Avg +57.22%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/01) 2,692,365
Calls: 1,524,475 (57%)
Puts: 1,167,890 (43%)
Prior (08/31) 2,637,214
Calls: 1,491,915 (57%)
Puts: 1,145,299 (43%)
Current vs Prior +2.09%
Prior 7-Day Total 19,996,488
Calls: 11,116,753 (56%)
Puts: 8,879,735 (44%)
Prior 7-Day Average 2,856,641
Calls: 1,588,107 (56%)
Puts: 1,268,533 (44%)
Current vs Prior 7-Day Avg -5.75%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 6.13% | 9.25%12.08% | 21.39%
Prior 7.12% | 9.94%12.64% | 21.81%
Current vs Prior -14.00% | -6.92%-4.44% | -1.95%
Prior 7-Day Avg 6.54% | 10.43%11.11% | 22.14%
Current vs 7-Day Avg -6.35% | -11.31%+8.71% | -3.40%
Prior 7-Day Eod 7.12% | 9.94%12.64% | 21.81%
Current vs 7-Day Eod -14.00% | -6.92%-4.44% | -1.95%
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 4.88% | 5.45%
Calls: 5.98% | 3.48%
Puts: 3.77% | 7.41%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Acceptable
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🤖 AI Insights

P/C ratio rising 61% - increased hedging/bearish positioning.

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 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 386 of results (avg 5.6%, best 2.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Sep 424.8525.35$25.102.0%770.996.1K
$108.00Sep 416.9017.30$17.102.3%320.96992
$102.00Sep 422.8023.35$23.082.4%590.99407
$110.00Oct 1620.5521.05$20.802.4%1900.741.7K
$124.00Sep 44.054.15$4.102.4%7120.56444
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Sep 1821.7022.15$21.922.1%280.802.6K
$145.00Oct 1625.1525.75$25.452.4%--0.671.1K
$147.00Sep 421.9022.45$22.172.5%30.947
$140.00Sep 1817.4517.90$17.672.5%570.744.5K
$148.00Sep 422.8523.45$23.152.6%--1.0020

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 23 found (avg $0.55, cheapest $0.26)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$144.00Sep 40.210.25$0.2317.4%1940.052.4K
$145.00Sep 40.200.22$0.219.5%1.3K0.055.1K
$142.00Sep 40.290.35$0.3218.8%5240.0714.1K
$141.00Sep 40.340.39$0.3713.5%1.5K0.0813.1K
$138.00Sep 40.520.57$0.549.3%5550.121.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$111.00Sep 40.240.28$0.2615.4%1700.06380
$109.00Sep 40.160.19$0.1816.7%2920.04171
$110.00Sep 40.210.22$0.224.5%2.8K0.055.0K
$114.00Sep 40.450.50$0.4810.4%8560.10461
$115.00Sep 40.550.59$0.577.0%1.9K0.126.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 245 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Sep 424.8525.35$25.102.0%770.996.1K
$102.00Sep 422.8023.35$23.082.4%590.99407
$104.00Sep 420.8021.35$21.082.6%310.99469
$103.00Sep 421.8022.35$22.082.5%610.98336
$101.00Sep 423.6524.35$24.002.9%580.98666
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$148.00Sep 422.8523.45$23.152.6%--1.0020
$149.00Sep 423.8524.50$24.182.7%41.00130
$146.00Sep 420.9021.55$21.233.1%20.942
$147.00Sep 421.9022.45$22.172.5%30.947
$145.00Sep 419.9020.50$20.203.0%1840.94186

Most actively traded options today. High liquidity = easy entry/exit. 493 active (total vol 166.6K, top 10.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Sep 41.751.80$1.782.8%8.3K0.3111.0K
$140.00Sep 40.400.43$0.427.1%6.9K0.0924.8K
$135.00Sep 40.820.88$0.857.1%6.6K0.1712.7K
$131.00Sep 41.501.59$1.555.8%6.2K0.2810.1K
$128.00Sep 42.332.50$2.427.0%4.7K0.391.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Sep 41.511.55$1.532.6%10.8K0.274.5K
$125.00Sep 43.503.60$3.552.8%8.3K0.495.7K
$110.00Sep 40.210.22$0.224.5%2.8K0.055.0K
$130.00Sep 46.707.00$6.854.4%2.2K0.692.3K
$126.00Sep 44.054.25$4.154.8%2.2K0.53812

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 38 strikes (avg 17.6%, max 21.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$134.00Sep 4Oct 986.1%71.7%20.2%3.5K4.5K
$135.00Sep 4Oct 1686.7%72.2%20.1%7.0K14.7K
$117.00Sep 4Oct 981.3%67.9%19.7%53270
$119.00Sep 4Oct 980.1%67.0%19.5%109306
$118.00Sep 4Oct 280.1%67.2%19.2%60270
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$134.00Sep 4Oct 286.1%71.2%21.1%345295
$135.00Sep 4Oct 1686.7%72.2%20.1%2662.7K
$117.00Sep 4Oct 981.3%67.9%19.7%297828
$118.00Sep 4Oct 980.1%67.0%19.5%8073.1K
$119.00Sep 4Oct 980.1%67.0%19.5%1.1K2.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 319 found (best R:R 0.53, avg 2.35)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$100.00$105.00Oct 16$3.27$1.73$3.2785%0.53$103.27
$125.00$130.00Oct 16$1.98$3.02$1.9855%1.53$126.98
$140.00$145.00Oct 16$1.15$3.85$1.1538%3.35$141.15
$135.00$140.00Oct 16$1.45$3.55$1.4543%2.45$136.45
$115.00$120.00Oct 16$2.75$2.25$2.7568%0.82$117.75
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$126.00$125.00Oct 9$0.37$0.63$0.3747%1.70$125.63
$118.00$117.00Oct 9$0.30$0.70$0.3036%2.33$117.70
$122.00$121.00Oct 2$0.37$0.63$0.3741%1.70$121.63
$135.00$134.00Sep 25$0.60$0.40$0.6063%0.67$134.40
$119.00$118.00Sep 11$0.27$0.73$0.2731%2.70$118.73

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 222 found (best R:R 0.77, avg 0.46)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$132.00$133.00Oct 9$0.48$0.48$0.5255%0.92$132.48
$125.00$126.00Sep 18$0.55$0.55$0.4547%1.22$125.55
$128.00$129.00Sep 4$0.37$0.37$0.6361%0.59$128.37
$135.00$136.00Oct 9$0.40$0.40$0.6058%0.67$135.40
$132.00$133.00Sep 11$0.31$0.31$0.6966%0.45$132.31
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$120.00$115.00Oct 16$2.18$2.18$2.8262%0.77$117.82
$115.00$110.00Oct 16$1.82$1.82$3.1868%0.57$113.18
$110.00$105.00Oct 9$1.39$1.39$3.6176%0.39$108.61
$110.00$105.00Oct 16$1.43$1.43$3.5774%0.40$108.57
$105.00$100.00Oct 16$1.12$1.12$3.8880%0.29$103.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 20 found (avg debit $1.89, cheapest $1.82)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$123.00Sep 4Sep 11$2.0079.9%65.7%
$124.00Sep 4Sep 11$1.9579.8%66.0%
$128.00Sep 4Sep 11$1.9182.6%69.0%
$122.00Sep 4Sep 11$1.9579.3%66.4%
$130.00Sep 4Sep 11$1.8782.7%69.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$123.00Sep 4Sep 11$1.8279.9%65.7%
$124.00Sep 4Sep 11$1.8779.8%66.0%
$128.00Sep 4Sep 11$1.8782.6%69.0%
$122.00Sep 4Sep 11$1.8479.3%66.4%
$130.00Sep 4Sep 11$1.7082.7%69.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 145 found (cheapest 5.71% of stock, avg 13.30%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$125.00Sep 4$3.58$3.55$7.13$117.87$132.135.71%
$124.00Sep 4$4.10$3.08$7.18$116.82$131.185.75%
$123.00Sep 4$4.60$2.63$7.23$115.77$130.235.79%
$126.00Sep 4$3.13$4.15$7.28$118.72$133.285.83%
$122.00Sep 4$5.20$2.21$7.41$114.59$129.415.93%
$127.00Sep 4$2.76$4.75$7.51$119.49$134.516.01%
$121.00Sep 4$5.85$1.82$7.67$113.33$128.676.14%
$128.00Sep 4$2.42$5.38$7.80$120.20$135.806.25%
$120.00Sep 4$6.53$1.53$8.06$111.94$128.066.45%
$129.00Sep 4$2.05$6.10$8.15$120.85$137.156.53%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 2.88% of stock, avg 10.89%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$130.00$121.00Sep 4$1.78$1.82$3.60$117.40$133.60
$129.00$121.00Sep 4$2.05$1.82$3.87$117.13$132.87
$130.00$122.00Sep 4$1.78$2.21$3.99$118.01$133.99
$129.00$122.00Sep 4$2.05$2.21$4.26$117.74$133.26
$128.00$121.00Sep 4$2.42$1.82$4.24$116.76$132.24
$128.00$122.00Sep 4$2.42$2.21$4.63$117.37$132.63
$130.00$123.00Sep 4$1.78$2.63$4.41$118.59$134.41
$129.00$123.00Sep 4$2.05$2.63$4.68$118.32$133.68
$128.00$123.00Sep 4$2.42$2.63$5.05$117.95$133.05
$127.00$121.00Sep 4$2.76$1.82$4.58$116.42$131.58

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 82 found (best R:R 1.94, avg credit $0.53)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
117/118132/133Sep 11$0.66$0.3438%1.94$117.34$132.66
117/118133/134Sep 11$0.60$0.4040%1.50$117.40$133.60
115/116132/133Sep 11$0.57$0.4343%1.33$115.43$132.57
110/111132/133Sep 11$0.46$0.5452%0.85$110.54$132.46
108/109132/133Sep 11$0.43$0.5755%0.75$108.57$132.43
113/114134/135Sep 4$0.27$0.7370%0.37$113.73$134.27
117/118134/135Sep 11$0.55$0.4542%1.22$117.45$134.55
112/113132/133Sep 11$0.48$0.5249%0.92$112.52$132.48
113/114132/133Sep 11$0.50$0.5047%1.00$113.50$132.50
113/114132/133Sep 4$0.32$0.6865%0.47$113.68$132.32

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 151 found (best R:R 22.81, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$125.00$130.00$135.00Oct 16$0.21$4.7912%22.81
$135.00$140.00$145.00Sep 18$0.29$4.7114%16.24
$115.00$120.00$125.00Oct 16$0.35$4.6513%13.29
$117.00$118.00$119.00Sep 4$0.05$0.956%19.00
$130.00$135.00$140.00Oct 16$0.32$4.6811%14.62
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$125.00$130.00$135.00Oct 16$0.22$4.7812%21.73
$135.00$140.00$145.00Oct 16$0.20$4.8010%24.00
$135.00$140.00$145.00Sep 18$0.33$4.6713%14.15
$110.00$115.00$120.00Oct 16$0.36$4.6413%12.89
$147.00$148.00$149.00Sep 4$0.05$0.956%19.00

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 $-0.31, 66 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$147.00$148.001:2Sep 4-$0.12$0.88
$148.00$149.001:2Sep 4-$0.13$0.87
$143.00$144.001:2Sep 4-$0.18$0.82
$145.00$146.001:2Sep 4-$0.17$0.83
$146.00$147.001:2Sep 4-$0.17$0.83
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$105.00$100.001:2Sep 18-$0.31$4.69
$106.00$105.001:2Sep 4-$0.07$0.93
$103.00$102.001:2Sep 4-$0.07$0.93
$108.00$107.001:2Sep 4-$0.09$0.91
$104.00$103.001:2Sep 4-$0.08$0.92

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 136 found (best yield 6.89%, avg 3.67%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$135.00Oct 16$8.600.438.1%6.89%14.99%4082.0K
$140.00Oct 16$7.150.3812.1%5.73%17.83%4303.9K
$130.00Oct 16$10.300.494.1%8.25%12.35%1.1K13.1K
$145.00Oct 16$5.950.3316.1%4.76%20.88%2655.3K
$125.00Oct 16$12.250.550.1%9.81%9.91%2841.6K
$132.00Oct 9$8.450.455.7%6.77%12.47%323
$134.00Oct 9$7.550.437.3%6.05%13.35%13
$135.00Oct 9$7.300.418.1%5.85%13.95%27111
$133.00Oct 9$7.850.446.5%6.29%12.79%528
$137.00Oct 9$6.700.399.7%5.37%15.07%12210

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 139,285
Total Puts 112,580
Put/Call Ratio 0.81
Net Difference 26,705

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 3,190,503
Total Puts 1,448,601
Average Put/Call Ratio 0.51
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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