MSTR - Options Database

MSTR

STRATEGY INC A

$157.14 -0.93%

$157.19 (+0.03%)🌙

as of 09/29 02:43 AM

(9/25 18:02) ◀

Monday, September 28, 2026 (2:43am)

▶ (9/29 18:03)

◀ 9/28 02:43 ▶

Option Volume

Detail

ℹ

Current (09/29) 230,157

Calls: 143,752 (62%)

Puts: 86,405 (38%)

Prior (09/25) 805,330

Calls: 582,102 (72%)

Puts: 223,228 (28%)

Current vs Prior -71.42%

Calls: -75.30% (Calls)

Puts: -61.29% (Puts)

Prior 7-Day Total 4,500,243

Calls: 2,873,880 (64%)

Puts: 1,626,363 (36%)

Prior 7-Day Average 642,891

Calls: 410,554 (64%)

Puts: 232,337 (36%)

Current vs Prior 7-Day Avg -64.20%

Calls: -64.99%

Puts: -62.81%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/29) $165.42M

Calls: $120.78M (73%)

Puts: $44.64M (27%)

Prior (09/25) $514.38M

Calls: $454.95M (88%)

Puts: $59.43M (12%)

Current vs Prior -67.84%

Calls: -73.45%

Puts: -24.88%

Prior 7-Day Total $3.02B

Calls: $2.47B (82%)

Puts: $550.85M (18%)

Prior 7-Day Average $431.81M

Calls: $353.12M (82%)

Puts: $78.69M (18%)

Current vs Prior 7-Day Avg -61.69%

Calls: -65.80%

Puts: -43.27%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/29) 0.60

Prior (09/25) 0.38

Current vs Prior +56.74%

Prior 7-Day Average 0.64

Current vs Prior 7-Day Avg -6.00%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/29) 1,845,107

Calls: 1,096,212 (59%)

Puts: 748,895 (41%)

Prior (09/25) 2,832,222

Calls: 1,571,132 (55%)

Puts: 1,261,090 (45%)

Current vs Prior -34.85%

Prior 7-Day Total 19,295,538

Calls: 10,905,115 (57%)

Puts: 8,390,423 (43%)

Prior 7-Day Average 2,756,505

Calls: 1,557,873 (57%)

Puts: 1,198,631 (43%)

Current vs Prior 7-Day Avg -33.06%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 7.07% | 10.04%12.42% | 22.66%

Prior 7.98% | 10.76%13.18% | 23.11%

Current vs Prior -11.42% | -6.69%-5.78% | -1.96%

Prior 7-Day Avg 6.33% | 10.03%8.69% | 20.41%

Current vs 7-Day Avg +11.65% | +0.15%+42.83% | +11.02%

Prior 7-Day Eod 7.98% | 10.76%13.18% | 23.11%

Current vs 7-Day Eod -11.42% | -6.69%-5.78% | -1.96%

Sentiment BULLISHBULLISH

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 4.95% | 3.83%

Calls: 4.37% | 3.12%

Puts: 5.53% | 4.53%

Current vs 7-Day Avg -38.00% | -2.02%

Liquidity Acceptable

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🤖 AI Insights

Moderately bullish flow with 73% call dollar volume ($120.78M). Light premium activity with dollar volume down 68% vs prior. Below-average activity with volume down 71% vs prior. Bullish P/C ratio of 0.60.

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 290 of results (avg 5.0%, best 1.8%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$145.00	Oct 16	16.15	16.45	$16.30	1.8%	171	0.74	7.1K
$145.00	Oct 23	17.50	17.85	$17.68	2.0%	211	0.71	191
$142.00	Oct 23	19.50	19.90	$19.70	2.0%	11	0.76	--
$146.00	Oct 23	16.85	17.20	$17.02	2.1%	2	0.70	54
$147.00	Oct 23	16.20	16.55	$16.38	2.1%	8	0.69	266

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$170.00	Oct 23	18.55	18.90	$18.73	1.9%	81	0.64	202
$175.00	Oct 16	21.15	21.55	$21.35	1.9%	32	0.72	1.1K
$160.00	Oct 16	10.50	10.70	$10.60	1.9%	819	0.52	4.4K
$172.50	Oct 23	20.40	20.80	$20.60	1.9%	18	0.66	--
$172.50	Oct 9	17.75	18.10	$17.93	2.0%	19	0.75	201

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 18 found (avg $0.56, cheapest $0.21)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$182.50	Oct 2	0.40	0.44	$0.42	9.5%	646	0.07	446
$187.50	Oct 2	0.26	0.29	$0.28	10.7%	555	0.04	824
$180.00	Oct 2	0.51	0.53	$0.52	3.8%	3.5K	0.08	7.7K
$185.00	Oct 2	0.32	0.35	$0.34	8.8%	892	0.05	2.3K
$177.50	Oct 2	0.64	0.69	$0.67	7.5%	1.3K	0.10	631

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$135.00	Oct 2	0.20	0.22	$0.21	9.5%	808	0.04	3.4K
$138.00	Oct 2	0.28	0.33	$0.31	16.1%	482	0.05	263
$139.00	Oct 2	0.33	0.38	$0.36	13.9%	324	0.06	611
$140.00	Oct 2	0.40	0.43	$0.42	7.1%	2.0K	0.07	2.9K
$142.00	Oct 2	0.54	0.59	$0.56	8.9%	307	0.09	636

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 168 found (avg delta 0.75, highest 0.98)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$126.00	Oct 2	30.10	32.40	$31.25	7.4%	5	0.98	118
$127.00	Oct 2	29.55	31.15	$30.35	5.3%	2	0.98	313
$128.00	Oct 2	28.90	30.85	$29.88	6.5%	3	0.98	--
$130.00	Oct 2	26.80	27.85	$27.33	3.8%	110	0.98	982
$132.00	Oct 2	23.85	26.90	$25.38	12.0%	2	0.97	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$187.50	Oct 2	29.15	31.30	$30.23	7.1%	2	0.93	11
$185.00	Oct 2	27.15	29.60	$28.38	8.6%	1	0.92	51
$180.00	Oct 2	22.80	23.85	$23.33	4.5%	22	0.91	86
$177.50	Oct 2	20.70	21.40	$21.05	3.3%	12	0.89	55
$175.00	Oct 2	17.60	19.80	$18.70	11.8%	50	0.87	875

Most actively traded options today. High liquidity = easy entry/exit. 373 active (total vol 158.4K, top 17.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$144.00	Oct 9	14.95	16.20	$15.58	8.0%	17.3K	0.79	5.4K
$160.00	Oct 2	3.70	3.85	$3.78	4.0%	11.0K	0.43	3.2K
$165.00	Oct 2	2.25	2.30	$2.28	2.2%	7.0K	0.29	30.1K
$170.00	Oct 2	1.36	1.40	$1.38	2.9%	6.8K	0.19	44.2K
$165.00	Oct 9	4.40	4.55	$4.47	3.4%	5.6K	0.37	4.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$150.00	Oct 2	1.95	1.99	$1.97	2.0%	5.4K	0.26	12.6K
$157.50	Oct 2	4.95	5.20	$5.08	4.9%	5.2K	0.49	1.3K
$155.00	Oct 2	3.75	3.90	$3.83	3.9%	5.1K	0.41	6.3K
$160.00	Oct 2	6.45	6.60	$6.53	2.3%	3.3K	0.57	3.8K
$152.50	Oct 2	2.72	2.85	$2.79	4.7%	2.9K	0.33	1.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 28 strikes (avg 12.8%, max 23.1%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$172.50	Oct 2	Nov 6	85.3%	69.8%	22.2%	1.5K	21.6K
$165.00	Oct 2	Nov 6	79.6%	65.7%	21.1%	7.1K	30.1K
$167.50	Oct 2	Nov 6	81.2%	69.4%	16.9%	2.2K	15.2K
$146.00	Oct 2	Oct 30	75.2%	64.9%	15.9%	82	1.2K
$170.00	Oct 2	Nov 6	83.1%	72.3%	14.9%	6.8K	44.2K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$172.50	Oct 2	Oct 23	85.3%	69.3%	23.1%	104	215
$165.00	Oct 2	Nov 6	79.6%	65.7%	21.1%	729	1.9K
$167.50	Oct 2	Nov 6	81.2%	69.4%	16.9%	273	575
$170.00	Oct 2	Nov 6	83.1%	72.3%	14.9%	307	451
$149.00	Oct 2	Oct 30	74.3%	65.1%	14.2%	1.2K	3.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 222 found (best R:R 0.78, avg 3.12)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$140.00	$150.00	Nov 6	$5.62	$4.38	$5.62	74%	0.78	$145.62
$160.00	$162.50	Nov 6	$0.30	$2.20	$0.30	52%	7.33	$160.30
$165.00	$167.50	Nov 6	$0.15	$2.35	$0.15	46%	15.67	$165.15
$128.00	$130.00	Oct 30	$0.85	$1.15	$0.85	87%	1.35	$128.85
$135.00	$140.00	Nov 6	$3.00	$2.00	$3.00	80%	0.67	$138.00

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$162.50	$160.00	Nov 6	$0.23	$2.27	$0.23	50%	9.87	$162.27
$172.50	$170.00	Oct 2	$1.63	$0.87	$1.63	84%	0.53	$170.87
$150.00	$147.00	Nov 6	$0.75	$2.25	$0.75	37%	3.00	$149.25
$139.00	$138.00	Oct 30	$0.16	$0.84	$0.16	23%	5.25	$138.84
$142.00	$141.00	Oct 30	$0.23	$0.77	$0.23	27%	3.35	$141.77

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 159 found (best R:R 1.98, avg 0.40)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$180.00	$182.50	Nov 6	$1.66	$1.66	$0.84	67%	1.98	$181.66
$170.00	$172.50	Nov 6	$1.30	$1.30	$1.20	58%	1.08	$171.30
$157.50	$160.00	Nov 6	$1.60	$1.60	$0.90	45%	1.78	$159.10
$177.50	$180.00	Oct 2	$0.15	$0.15	$2.35	90%	0.06	$177.65
$175.00	$177.50	Oct 2	$0.20	$0.20	$2.30	87%	0.09	$175.20

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$140.00	$135.00	Nov 6	$1.98	$1.98	$3.02	74%	0.66	$138.02
$155.00	$150.00	Nov 6	$2.50	$2.50	$2.50	57%	1.00	$152.50
$145.00	$140.00	Nov 6	$1.80	$1.80	$3.20	68%	0.56	$143.20
$152.50	$150.00	Oct 30	$1.24	$1.24	$1.26	60%	0.98	$151.26
$152.50	$150.00	Oct 23	$1.15	$1.15	$1.35	60%	0.85	$151.35

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $2.27, cheapest $2.15)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$162.50	Oct 2	Oct 9	$2.29	78.8%	69.3%
$155.00	Oct 2	Oct 9	$2.37	74.8%	65.7%
$152.50	Oct 2	Oct 9	$2.20	74.3%	65.3%
$160.00	Oct 2	Oct 9	$2.37	77.4%	68.6%
$157.50	Oct 2	Oct 9	$2.40	76.4%	68.1%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$162.50	Oct 2	Oct 9	$2.15	78.8%	69.3%
$155.00	Oct 2	Oct 9	$2.22	74.8%	65.7%
$152.50	Oct 2	Oct 9	$2.11	74.3%	65.3%
$160.00	Oct 2	Oct 9	$2.25	77.4%	68.6%
$157.50	Oct 2	Oct 9	$2.30	76.4%	68.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 95 found (cheapest 6.27% of stock, avg 12.93%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$155.00	Oct 2	$6.03	$3.83	$9.86	$145.14	$164.86	6.27%
$157.50	Oct 2	$4.80	$5.08	$9.88	$147.62	$167.38	6.29%
$160.00	Oct 2	$3.78	$6.53	$10.31	$149.69	$170.31	6.56%
$152.50	Oct 2	$7.60	$2.79	$10.39	$142.11	$162.89	6.61%
$150.00	Oct 2	$9.18	$1.97	$11.15	$138.85	$161.15	7.10%
$162.50	Oct 2	$2.96	$8.23	$11.19	$151.31	$173.69	7.12%
$149.00	Oct 2	$9.88	$1.71	$11.59	$137.41	$160.59	7.38%
$148.00	Oct 2	$10.73	$1.43	$12.16	$135.84	$160.16	7.74%
$165.00	Oct 2	$2.28	$10.10	$12.38	$152.62	$177.38	7.88%
$147.00	Oct 2	$11.50	$1.23	$12.73	$134.27	$159.73	8.10%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 1.97% of stock, avg 9.31%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$170.00	$149.00	Oct 2	$1.38	$1.71	$3.09	$145.91	$173.09
$167.50	$149.00	Oct 2	$1.77	$1.71	$3.48	$145.52	$170.98
$170.00	$150.00	Oct 2	$1.38	$1.97	$3.35	$146.65	$173.35
$167.50	$150.00	Oct 2	$1.77	$1.97	$3.74	$146.26	$171.24
$165.00	$149.00	Oct 2	$2.28	$1.71	$3.99	$145.01	$168.99
$165.00	$150.00	Oct 2	$2.28	$1.97	$4.25	$145.75	$169.25
$170.00	$152.50	Oct 2	$1.38	$2.79	$4.17	$148.33	$174.17
$167.50	$152.50	Oct 2	$1.77	$2.79	$4.56	$147.94	$172.06
$165.00	$152.50	Oct 2	$2.28	$2.79	$5.07	$147.43	$170.07
$162.50	$149.00	Oct 2	$2.96	$1.71	$4.67	$144.33	$167.17

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 239 found (best R:R 2.68, avg credit $0.66)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
135/140	180/182	Nov 6	$3.64	$1.36	41%	2.68	$136.36	$183.64
140/145	180/182	Nov 6	$3.46	$1.54	36%	2.25	$141.54	$183.46
130/135	180/182	Nov 6	$2.60	$2.40	47%	1.08	$132.40	$182.60
150/152	178/180	Oct 2	$0.97	$1.53	56%	0.63	$151.53	$178.47
150/152	180/182	Oct 2	$0.92	$1.58	58%	0.58	$151.58	$180.92
150/152	175/178	Oct 2	$1.02	$1.48	54%	0.69	$151.48	$176.02
150/152	172/175	Oct 2	$1.04	$1.46	51%	0.71	$151.46	$173.54
150/152	170/172	Oct 2	$1.11	$1.39	47%	0.80	$151.39	$171.11
150/152	168/170	Oct 2	$1.21	$1.29	43%	0.94	$151.29	$168.71
134/135	180/182	Oct 9	$0.43	$2.07	74%	0.21	$134.57	$180.43

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 139 found (best R:R 30.25, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$150.00	$152.50	$155.00	Oct 9	$0.10	$2.40	11%	24.00
$160.00	$162.50	$165.00	Oct 2	$0.14	$2.36	14%	16.86
$165.00	$167.50	$170.00	Oct 16	$0.07	$2.43	7%	34.71
$150.00	$152.50	$155.00	Oct 30	$0.07	$2.43	7%	34.71
$170.00	$172.50	$175.00	Oct 2	$0.07	$2.43	6%	34.71

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$162.50	$165.00	$167.50	Oct 2	$0.08	$2.42	12%	30.25
$155.00	$157.50	$160.00	Oct 9	$0.07	$2.43	11%	34.71
$165.00	$167.50	$170.00	Oct 9	$0.05	$2.45	8%	49.00
$150.00	$152.50	$155.00	Oct 23	$0.07	$2.43	8%	34.71
$155.00	$157.50	$160.00	Oct 16	$0.09	$2.41	8%	26.78

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 62 found (best net $-0.07, 62 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$185.00	$187.50	1:2	Oct 2	-$0.22	$2.28
$182.50	$185.00	1:2	Oct 2	-$0.26	$2.24
$180.00	$182.50	1:2	Oct 2	-$0.32	$2.18
$177.50	$180.00	1:2	Oct 2	-$0.37	$2.13
$175.00	$177.50	1:2	Oct 2	-$0.47	$2.03

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$129.00	$128.00	1:2	Oct 2	-$0.07	$0.93
$128.00	$127.00	1:2	Oct 2	-$0.09	$0.91
$131.00	$130.00	1:2	Oct 2	-$0.11	$0.89
$127.00	$126.00	1:2	Oct 2	-$0.13	$0.87
$132.00	$131.00	1:2	Oct 2	-$0.14	$0.86

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 75 found (best yield 5.79%, avg 3.36%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$170.00	Nov 6	$9.10	0.42	8.2%	5.79%	13.97%	6	--
$172.50	Nov 6	$8.15	0.39	9.8%	5.19%	14.96%	6	3
$175.00	Nov 6	$7.40	0.37	11.4%	4.71%	16.07%	104	11
$180.00	Nov 6	$6.45	0.33	14.6%	4.10%	18.65%	54	46
$162.50	Nov 6	$11.10	0.50	3.4%	7.06%	10.47%	1	35
$160.00	Nov 6	$12.15	0.52	1.8%	7.73%	9.55%	30	20
$185.00	Nov 6	$5.30	0.29	17.7%	3.37%	21.10%	64	115
$157.50	Nov 6	$13.15	0.55	0.2%	8.37%	8.60%	7	30
$167.50	Oct 30	$8.65	0.42	6.6%	5.50%	12.10%	41	40
$165.00	Oct 30	$9.45	0.45	5.0%	6.01%	11.02%	138	451

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 143,752

Total Puts 86,405

Put/Call Ratio 0.60

Net Difference 57,347

Prior's Put/Call Breakdown

Total Calls 582,102

Total Puts 223,228

Put/Call Ratio 0.38

Net Difference 358,874

Prior 7-Day Put/Call Summary

Total Calls 2,873,880

Total Puts 1,626,363

Average Put/Call Ratio 0.64

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

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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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