MSTR - Options Database

MSTR

STRATEGY INC A

$158.61 -1.86%

$158.71 (+0.06%)🌙

as of 09/25 06:02 PM

(9/24 18:03) ◀

Friday, September 25, 2026 (6:02pm)

▶

◀ 9/25 18:02

Option Volume

Detail

ℹ

Current (09/25) 805,330

Calls: 582,102 (72%)

Puts: 223,228 (28%)

Prior (09/24) 422,230

Calls: 273,282 (65%)

Puts: 148,948 (35%)

Current vs Prior +90.73%

Calls: +113.00% (Calls)

Puts: +49.87% (Puts)

Prior 7-Day Total 3,925,550

Calls: 2,442,840 (62%)

Puts: 1,482,710 (38%)

Prior 7-Day Average 560,792

Calls: 348,977 (62%)

Puts: 211,815 (38%)

Current vs Prior 7-Day Avg +43.61%

Calls: +66.80%

Puts: +5.39%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/25) $514.38M

Calls: $454.95M (88%)

Puts: $59.43M (12%)

Prior (09/24) $216.70M

Calls: $160.70M (74%)

Puts: $55.99M (26%)

Current vs Prior +137.37%

Calls: +183.10%

Puts: +6.14%

Prior 7-Day Total $2.65B

Calls: $2.11B (80%)

Puts: $537.48M (20%)

Prior 7-Day Average $378.05M

Calls: $301.27M (80%)

Puts: $76.78M (20%)

Current vs Prior 7-Day Avg +36.06%

Calls: +51.01%

Puts: -22.60%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/25) 0.38

Prior (09/24) 0.55

Current vs Prior -29.64%

Prior 7-Day Average 0.66

Current vs Prior 7-Day Avg -41.89%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/25) 2,832,222

Calls: 1,571,132 (55%)

Puts: 1,261,090 (45%)

Prior (09/24) 2,768,073

Calls: 1,526,659 (55%)

Puts: 1,241,414 (45%)

Current vs Prior +2.32%

Prior 7-Day Total 19,150,747

Calls: 10,872,115 (57%)

Puts: 8,278,632 (43%)

Prior 7-Day Average 2,735,821

Calls: 1,553,159 (57%)

Puts: 1,182,661 (43%)

Current vs Prior 7-Day Avg +3.52%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)

Current 1.58% | 7.98%13.18% | 23.11%

Prior 4.11% | 8.76%13.89% | 23.88%

Current vs Prior +93.98% | +22.92%-5.14% | -3.23%

Prior 7-Day Avg 6.28% | 10.02%7.90% | 19.81%

Current vs 7-Day Avg +27.06% | +7.42%+66.79% | +16.66%

Prior 7-Day Eod 4.11% | 8.76%13.89% | 23.88%

Current vs 7-Day Eod +93.98% | +22.92%-5.14% | -3.23%

Sentiment BEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 3.07% | 3.75%

Calls: 2.26% | 3.48%

Puts: 3.88% | 4.01%

Prior 3.07% | 3.75%

Calls: 2.26% | 3.48%

Puts: 3.88% | 4.01%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 5.58% | 3.85%

Calls: 5.08% | 3.00%

Puts: 6.08% | 4.70%

Current vs 7-Day Avg -44.97% | -2.67%

Liquidity Acceptable

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🤖 AI Insights

Strong bullish conviction with 88% of dollar volume in calls ($454.95M) vs puts ($59.43M). Massive premium surge with dollar volume up 137% vs prior. Above-average activity with volume up 91% vs prior. Extreme bullish P/C ratio of 0.38 - heavy call buying (582,102 calls vs 223,228 puts).

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

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 296 of results (avg 5.1%, best 1.2%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$152.50	Oct 30	16.10	16.40	$16.25	1.8%	2	0.62	11
$150.00	Oct 23	15.85	16.15	$16.00	1.9%	58	0.66	478
$145.00	Oct 16	17.70	18.05	$17.88	2.0%	144	0.75	7.1K
$150.00	Oct 30	17.45	17.80	$17.63	2.0%	38	0.65	293
$150.00	Oct 16	14.40	14.70	$14.55	2.1%	394	0.67	6.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Oct 16	24.55	24.85	$24.70	1.2%	57	0.74	1.1K
$177.50	Oct 16	22.50	22.80	$22.65	1.3%	--	0.72	37
$175.00	Oct 23	21.70	22.00	$21.85	1.4%	10	0.67	63
$160.00	Oct 16	10.30	10.45	$10.38	1.4%	736	0.49	4.1K
$175.00	Oct 16	20.50	20.80	$20.65	1.5%	44	0.69	1.0K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 13 found (avg $0.66, cheapest $0.34)

CALLS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$185.00	Oct 2	0.60	0.70	$0.65	15.4%	1.3K	0.09	1.9K
$182.50	Oct 2	0.74	0.86	$0.80	15.0%	393	0.10	337

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$136.00	Oct 2	0.32	0.36	$0.34	11.8%	139	0.05	467
$140.00	Oct 2	0.51	0.59	$0.55	14.5%	1.2K	0.08	2.6K
$139.00	Oct 2	0.45	0.54	$0.50	18.0%	669	0.07	249
$141.00	Oct 2	0.57	0.64	$0.61	11.5%	111	0.09	347
$130.00	Oct 2	0.19	0.22	$0.21	14.3%	1.5K	0.03	2.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 229 found (avg delta 0.80, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$127.00	Sep 25	28.10	34.45	$31.28	20.3%	3	1.00	429
$128.00	Sep 25	30.15	32.30	$31.23	6.9%	36	1.00	383
$129.00	Sep 25	28.35	31.55	$29.95	10.7%	36	1.00	239
$130.00	Sep 25	28.20	31.45	$29.83	10.9%	153	1.00	1.1K
$131.00	Sep 25	26.10	30.45	$28.28	15.4%	160	1.00	392

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Sep 25	19.05	21.75	$20.40	13.2%	148	1.00	371
$182.50	Sep 25	21.50	24.75	$23.13	14.1%	2	1.00	122
$185.00	Sep 25	25.25	27.00	$26.13	6.7%	64	1.00	3
$190.00	Sep 25	29.00	32.40	$30.70	11.1%	32	1.00	--
$172.50	Sep 25	11.95	15.40	$13.68	25.2%	46	1.00	374

Most actively traded options today. High liquidity = easy entry/exit. 454 active (total vol 634.5K, top 61.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Sep 25	0.01	0.02	$0.02	50.0%	61.1K	0.04	6.1K
$170.00	Oct 2	2.16	2.21	$2.19	2.3%	51.7K	0.25	5.9K
$165.00	Oct 2	3.30	3.45	$3.38	4.4%	33.2K	0.36	2.1K
$162.50	Oct 2	4.05	4.25	$4.15	4.8%	32.9K	0.42	663
$155.00	Sep 25	3.40	4.30	$3.85	23.4%	23.7K	1.00	20.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$157.50	Sep 25	0.00	0.01	$0.01	100.0%	18.8K	0.02	2.4K
$155.00	Sep 25	0.00	0.01	$0.01	100.0%	17.0K	0.01	7.0K
$160.00	Sep 25	1.18	1.63	$1.40	32.1%	14.2K	0.95	10.1K
$155.00	Oct 2	3.70	3.90	$3.80	5.3%	8.0K	0.38	2.6K
$160.00	Oct 2	6.25	6.40	$6.33	2.4%	4.8K	0.52	2.9K

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

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 257 found (best R:R 9.87, avg 2.85)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$152.50	$155.00	Nov 6	$0.23	$2.27	$0.23	62%	9.87	$152.73
$145.00	$149.00	Nov 6	$1.52	$2.48	$1.52	70%	1.63	$146.52
$165.00	$170.00	Nov 6	$1.20	$3.80	$1.20	48%	3.17	$166.20
$129.00	$130.00	Sep 25	$0.12	$0.88	$0.12	100%	7.33	$129.12
$135.00	$140.00	Nov 6	$3.05	$1.95	$3.05	80%	0.64	$138.05

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$180.00	$177.50	Sep 25	$1.52	$0.98	$1.52	100%	0.64	$178.48
$170.00	$167.50	Sep 25	$1.63	$0.87	$1.63	100%	0.53	$168.37
$148.00	$145.00	Nov 6	$0.72	$2.28	$0.72	33%	3.17	$147.28
$162.50	$160.00	Nov 6	$1.15	$1.35	$1.15	49%	1.17	$161.35
$132.00	$131.00	Oct 30	$0.13	$0.87	$0.13	16%	6.69	$131.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 173 found (best R:R 0.92, avg 0.40)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$172.50	$175.00	Nov 6	$1.60	$1.60	$0.90	58%	1.78	$174.10
$182.50	$185.00	Nov 6	$0.80	$0.80	$1.70	67%	0.47	$183.30
$162.50	$165.00	Nov 6	$1.27	$1.27	$1.23	49%	1.03	$163.77
$177.50	$180.00	Nov 6	$0.89	$0.89	$1.61	63%	0.55	$178.39
$180.00	$182.50	Nov 6	$0.78	$0.78	$1.72	65%	0.45	$180.78

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$145.00	$140.00	Nov 6	$2.40	$2.40	$2.60	70%	0.92	$142.60
$157.50	$150.00	Nov 6	$3.50	$3.50	$4.00	56%	0.88	$154.00
$150.00	$148.00	Nov 6	$1.15	$1.15	$0.85	64%	1.35	$148.85
$135.00	$130.00	Nov 6	$1.20	$1.20	$3.80	80%	0.32	$133.80
$157.50	$155.00	Oct 23	$1.33	$1.33	$1.17	55%	1.14	$156.17

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 107 found (cheapest 0.71% of stock, avg 12.17%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$157.50	Sep 25	$1.11	$0.01	$1.12	$156.38	$158.62	0.71%
$160.00	Sep 25	$0.02	$1.40	$1.42	$158.58	$161.42	0.90%
$155.00	Sep 25	$3.85	$0.01	$3.86	$151.14	$158.86	2.43%
$162.50	Sep 25	$0.01	$3.90	$3.91	$158.59	$166.41	2.47%
$152.50	Sep 25	$6.33	$0.01	$6.34	$146.16	$158.84	4.00%
$165.00	Sep 25	$0.01	$6.45	$6.46	$158.54	$171.46	4.07%
$150.00	Sep 25	$9.15	$0.01	$9.16	$140.84	$159.16	5.78%
$167.50	Sep 25	$0.01	$9.32	$9.33	$158.17	$176.83	5.88%
$149.00	Sep 25	$10.65	$0.01	$10.66	$138.34	$159.66	6.72%
$170.00	Sep 25	$0.01	$10.95	$10.96	$159.04	$180.96	6.91%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 2.56% of stock, avg 9.76%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$170.00	$149.00	Oct 2	$2.19	$1.87	$4.06	$144.94	$174.06
$170.00	$150.00	Oct 2	$2.19	$2.09	$4.28	$145.72	$174.28
$167.50	$149.00	Oct 2	$2.71	$1.87	$4.58	$144.42	$172.08
$167.50	$150.00	Oct 2	$2.71	$2.09	$4.80	$145.20	$172.30
$170.00	$152.50	Oct 2	$2.19	$2.81	$5.00	$147.50	$175.00
$167.50	$152.50	Oct 2	$2.71	$2.81	$5.52	$146.98	$173.02
$165.00	$149.00	Oct 2	$3.38	$1.87	$5.25	$143.75	$170.25
$165.00	$150.00	Oct 2	$3.38	$2.09	$5.47	$144.53	$170.47
$165.00	$152.50	Oct 2	$3.38	$2.81	$6.19	$146.31	$171.19
$170.00	$155.00	Oct 2	$2.19	$3.80	$5.99	$149.01	$175.99

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 259 found (best R:R 1.78, avg credit $0.70)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
140/145	182/185	Nov 6	$3.20	$1.80	37%	1.78	$141.80	$185.70
140/145	188/190	Nov 6	$2.90	$2.10	41%	1.38	$142.10	$190.40
140/145	180/182	Nov 6	$3.18	$1.82	35%	1.75	$141.82	$183.18
150/152	182/185	Oct 2	$0.87	$1.63	59%	0.53	$151.63	$183.37
150/152	180/182	Oct 2	$0.92	$1.58	57%	0.58	$151.58	$180.92
129/130	182/185	Oct 23	$0.75	$1.75	62%	0.43	$129.25	$183.25
129/130	178/180	Oct 23	$0.85	$1.65	57%	0.52	$129.15	$178.35
150/152	175/178	Oct 2	$0.99	$1.51	52%	0.66	$151.51	$175.99
150/152	178/180	Oct 2	$0.91	$1.59	54%	0.57	$151.59	$178.41
129/130	178/180	Oct 9	$0.50	$2.00	71%	0.25	$129.50	$178.00

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 170 found (best R:R 1.25, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$157.50	$160.00	$162.50	Sep 25	$1.08	$1.42	94%	1.31
$155.00	$157.50	$160.00	Sep 25	$1.65	$0.85	96%	0.52
$162.50	$165.00	$167.50	Oct 2	$0.10	$2.40	12%	24.00
$150.00	$152.50	$155.00	Oct 16	$0.06	$2.44	8%	40.67
$165.00	$167.50	$170.00	Oct 16	$0.05	$2.45	7%	49.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$157.50	$160.00	$162.50	Sep 25	$1.11	$1.39	97%	1.25
$155.00	$157.50	$160.00	Sep 25	$1.39	$1.11	95%	0.80
$160.00	$162.50	$165.00	Oct 2	$0.10	$2.40	13%	24.00
$162.50	$165.00	$167.50	Oct 9	$0.05	$2.45	9%	49.00
$167.50	$170.00	$172.50	Oct 9	$0.06	$2.44	7%	40.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 75 found (best net $-1.35, 71 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$152.50	$155.00	1:2	Sep 25	-$1.37	$1.13
$160.00	$162.50	1:2	Sep 25	$0.00	$2.50
$162.50	$165.00	1:2	Sep 25	-$0.01	$2.49
$165.00	$167.50	1:2	Sep 25	-$0.01	$2.49
$167.50	$170.00	1:2	Sep 25	-$0.01	$2.49

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$165.00	$162.50	1:2	Sep 25	-$1.35	$1.15
$157.50	$155.00	1:2	Sep 25	-$0.01	$2.49
$155.00	$152.50	1:2	Sep 25	-$0.01	$2.49
$152.50	$150.00	1:2	Sep 25	-$0.01	$2.49
$129.00	$128.00	1:2	Oct 2	-$0.13	$0.87

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 77 found (best yield 6.27%, avg 3.44%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$170.00	Nov 6	$9.95	0.44	7.2%	6.27%	13.45%	17	6
$165.00	Nov 6	$11.80	0.48	4.0%	7.44%	11.47%	11	2
$172.50	Nov 6	$8.95	0.42	8.8%	5.64%	14.40%	1	2
$177.50	Nov 6	$7.70	0.37	11.9%	4.85%	16.76%	12	--
$162.50	Nov 6	$12.45	0.51	2.5%	7.85%	10.30%	54	9
$180.00	Nov 6	$6.85	0.35	13.5%	4.32%	17.80%	49	3
$160.00	Nov 6	$13.50	0.54	0.9%	8.51%	9.39%	41	2
$182.50	Nov 6	$5.85	0.33	15.1%	3.69%	18.75%	2	--
$172.50	Oct 30	$8.15	0.39	8.8%	5.14%	13.90%	1	19
$167.50	Oct 30	$9.65	0.44	5.6%	6.08%	11.69%	39	13

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 582,102

Total Puts 223,228

Put/Call Ratio 0.38

Net Difference 358,874

Prior's Put/Call Breakdown

Total Calls 273,282

Total Puts 148,948

Put/Call Ratio 0.55

Net Difference 124,334

Prior 7-Day Put/Call Summary

Total Calls 2,442,840

Total Puts 1,482,710

Average Put/Call Ratio 0.66

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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