MSTR - Options Database

MSTR

STRATEGY INC A

$153.09 -1.02%

$153.24 (+0.10%)🌙

as of 09/30 11:33 PM

(9/29 18:03) ◀

Wednesday, September 30, 2026 (11:33pm)

▶ (10/1 18:02)

◀ 9/30 23:33 ▶

Option Volume

Detail

ℹ

Current (09/30) 278,198

Calls: 188,423 (68%)

Puts: 89,775 (32%)

Prior (09/29) 269,028

Calls: 171,106 (64%)

Puts: 97,922 (36%)

Current vs Prior +3.41%

Calls: +10.12% (Calls)

Puts: -8.32% (Puts)

Prior 7-Day Total 4,339,814

Calls: 2,839,442 (65%)

Puts: 1,500,372 (35%)

Prior 7-Day Average 619,973

Calls: 405,634 (65%)

Puts: 214,338 (35%)

Current vs Prior 7-Day Avg -55.13%

Calls: -53.55%

Puts: -58.12%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/30) $113.93M

Calls: $68.90M (60%)

Puts: $45.03M (40%)

Prior (09/29) $154.54M

Calls: $96.27M (62%)

Puts: $58.28M (38%)

Current vs Prior -26.28%

Calls: -28.43%

Puts: -22.74%

Prior 7-Day Total $2.99B

Calls: $2.47B (83%)

Puts: $521.19M (17%)

Prior 7-Day Average $427.10M

Calls: $352.65M (83%)

Puts: $74.46M (17%)

Current vs Prior 7-Day Avg -73.33%

Calls: -80.46%

Puts: -39.53%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/30) 0.48

Prior (09/29) 0.57

Current vs Prior -16.75%

Prior 7-Day Average 0.55

Current vs Prior 7-Day Avg -14.03%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/30) 1,849,582

Calls: 1,109,295 (60%)

Puts: 740,287 (40%)

Prior (09/29) 2,575,237

Calls: 1,442,449 (56%)

Puts: 1,132,788 (44%)

Current vs Prior -28.18%

Prior 7-Day Total 18,179,866

Calls: 10,280,789 (57%)

Puts: 7,899,077 (43%)

Prior 7-Day Average 2,597,123

Calls: 1,468,684 (57%)

Puts: 1,128,439 (43%)

Current vs Prior 7-Day Avg -28.78%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 5.23% | 8.58%11.32% | 21.51%

Prior 6.36% | 9.57%12.03% | 22.42%

Current vs Prior -17.78% | -10.37%-5.87% | -4.07%

Prior 7-Day Avg 6.56% | 10.07%10.49% | 21.68%

Current vs 7-Day Avg -20.28% | -14.80%+7.92% | -0.80%

Prior 7-Day Eod 6.36% | 9.57%12.03% | 22.42%

Current vs 7-Day Eod -17.78% | -10.37%-5.87% | -4.07%

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 3.70% | 3.78%

Calls: 2.96% | 3.36%

Puts: 4.43% | 4.18%

Current vs 7-Day Avg -16.96% | -0.68%

Liquidity Acceptable

Add Card

🤖 AI Insights

Moderately bullish flow with 60% call dollar volume ($68.90M). Extreme bullish P/C ratio of 0.48 - heavy call buying (188,423 calls vs 89,775 puts). Call-heavy open interest (1,109,295 calls vs 740,287 puts) suggests bullish positioning. Declining open interest (down 28%) indicates positions being closed.

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 253 of results (avg 6.2%, best 2.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$145.00	Oct 16	12.50	12.80	$12.65	2.4%	169	0.69	7.1K
$180.00	Oct 16	1.71	1.76	$1.74	2.9%	642	0.16	9.4K
$150.00	Oct 16	9.60	9.90	$9.75	3.1%	435	0.59	5.8K
$140.00	Oct 23	17.15	17.70	$17.42	3.2%	22	0.75	151
$147.00	Oct 23	12.70	13.15	$12.93	3.5%	19	0.64	269

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$170.00	Oct 16	19.40	19.80	$19.60	2.0%	37	0.74	1.9K
$167.50	Oct 16	17.35	17.75	$17.55	2.3%	46	0.71	--
$165.00	Oct 16	15.45	15.85	$15.65	2.6%	81	0.68	2.7K
$150.00	Oct 23	7.60	7.80	$7.70	2.6%	904	0.41	1.2K
$165.00	Oct 23	16.70	17.15	$16.92	2.7%	41	0.65	1.6K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 22 found (avg $0.58, cheapest $0.10)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Oct 2	0.09	0.10	$0.10	10.0%	6.4K	0.03	15.2K
$177.50	Oct 2	0.07	0.08	$0.08	12.5%	969	0.02	1.1K
$170.00	Oct 2	0.20	0.23	$0.22	13.6%	20.4K	0.05	41.0K
$172.50	Oct 2	0.14	0.17	$0.16	18.8%	3.8K	0.04	22.1K
$167.50	Oct 2	0.31	0.36	$0.34	14.7%	7.7K	0.08	18.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$145.00	Oct 2	0.56	0.66	$0.61	16.4%	3.5K	0.14	2.5K
$146.00	Oct 2	0.72	0.80	$0.76	10.5%	1.1K	0.17	669
$147.00	Oct 2	0.92	1.03	$0.98	11.2%	2.4K	0.21	2.4K
$135.00	Oct 9	0.62	0.71	$0.67	13.4%	1.9K	0.09	1.1K
$136.00	Oct 9	0.72	0.81	$0.77	11.7%	104	0.10	239

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 175 found (avg delta 0.76, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$123.00	Oct 2	29.75	31.90	$30.83	7.0%	2	0.99	85
$128.00	Oct 2	24.85	26.10	$25.48	4.9%	10	0.99	268
$126.00	Oct 2	26.50	28.10	$27.30	5.9%	5	0.99	114
$125.00	Oct 2	27.45	29.50	$28.48	7.2%	5	0.99	337
$127.00	Oct 2	25.20	28.30	$26.75	11.6%	4	0.99	312

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Oct 2	21.05	22.20	$21.63	5.3%	29	1.00	910
$177.50	Oct 2	23.50	24.90	$24.20	5.8%	10	1.00	--
$182.50	Oct 2	28.50	29.75	$29.13	4.3%	3	1.00	75
$172.50	Oct 2	18.55	19.95	$19.25	7.3%	3	0.95	--
$170.00	Oct 2	16.15	17.25	$16.70	6.6%	102	0.94	482

Most actively traded options today. High liquidity = easy entry/exit. 386 active (total vol 213.5K, top 20.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$170.00	Oct 2	0.20	0.23	$0.22	13.6%	20.4K	0.05	41.0K
$165.00	Oct 2	0.51	0.55	$0.53	7.5%	12.8K	0.12	32.2K
$160.00	Oct 2	1.16	1.21	$1.19	4.2%	11.9K	0.23	5.9K
$155.00	Oct 2	2.52	2.70	$2.61	6.9%	9.9K	0.43	1.6K
$170.00	Oct 9	1.54	1.81	$1.68	16.1%	9.6K	0.19	1.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$150.00	Oct 2	1.74	1.88	$1.81	7.7%	7.0K	0.33	10.8K
$162.50	Oct 2	9.85	10.70	$10.27	8.3%	4.4K	0.84	7.0K
$155.00	Oct 2	4.15	4.45	$4.30	7.0%	4.0K	0.57	7.2K
$152.50	Oct 2	2.86	3.05	$2.96	6.4%	3.7K	0.46	2.4K
$145.00	Oct 2	0.56	0.66	$0.61	16.4%	3.5K	0.14	2.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 21 strikes (avg 13.5%, max 19.6%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$160.00	Oct 2	Nov 6	79.7%	66.6%	19.6%	11.9K	6.0K
$162.50	Oct 2	Nov 6	81.6%	69.7%	17.1%	7.6K	30.1K
$155.00	Oct 2	Nov 6	77.0%	66.0%	16.6%	9.9K	1.6K
$152.50	Oct 2	Nov 6	74.6%	64.6%	15.5%	2.0K	873
$157.50	Oct 2	Nov 6	77.9%	67.8%	14.8%	6.7K	2.8K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$160.00	Oct 2	Nov 6	79.7%	66.6%	19.6%	1.8K	6.2K
$162.50	Oct 2	Nov 6	81.6%	69.7%	17.1%	4.4K	7.0K
$155.00	Oct 2	Nov 6	77.0%	66.0%	16.6%	4.3K	7.7K
$152.50	Oct 2	Nov 6	74.6%	64.6%	15.5%	3.7K	2.4K
$157.50	Oct 2	Nov 6	77.9%	67.8%	14.8%	1.8K	2.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 225 found (best R:R 5.67, avg 3.12)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$132.00	$134.00	Oct 30	$0.30	$1.70	$0.30	82%	5.67	$132.30
$140.00	$145.00	Nov 6	$2.43	$2.57	$2.43	72%	1.06	$142.43
$135.00	$140.00	Nov 6	$2.88	$2.12	$2.88	78%	0.74	$137.88
$150.00	$152.50	Nov 6	$0.60	$1.90	$0.60	60%	3.17	$150.60
$160.00	$162.50	Nov 6	$0.35	$2.15	$0.35	48%	6.14	$160.35

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$167.50	$165.00	Oct 9	$1.65	$0.85	$1.65	78%	0.52	$165.85
$170.00	$167.50	Oct 23	$1.57	$0.93	$1.57	71%	0.59	$168.43
$150.00	$149.00	Oct 16	$0.25	$0.75	$0.25	41%	3.00	$149.75
$160.00	$157.50	Oct 16	$1.34	$1.16	$1.34	60%	0.87	$158.66
$150.00	$149.00	Oct 23	$0.30	$0.70	$0.30	42%	2.33	$149.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 160 found (best R:R 0.52, avg 0.44)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$177.50	$180.00	Nov 6	$0.90	$0.90	$1.60	69%	0.56	$178.40
$155.00	$157.50	Oct 16	$1.25	$1.25	$1.25	51%	1.00	$156.25
$155.00	$157.50	Oct 23	$1.27	$1.27	$1.23	50%	1.03	$156.27
$162.50	$165.00	Nov 6	$1.13	$1.13	$1.37	55%	0.82	$163.63
$157.50	$160.00	Nov 6	$1.25	$1.25	$1.25	49%	1.00	$158.75

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$140.00	$135.00	Nov 6	$1.72	$1.72	$3.28	71%	0.52	$138.28
$145.00	$140.00	Nov 6	$1.98	$1.98	$3.02	65%	0.66	$143.02
$130.00	$125.00	Nov 6	$1.08	$1.08	$3.92	82%	0.28	$128.92
$135.00	$130.00	Nov 6	$1.27	$1.27	$3.73	77%	0.34	$133.73
$145.00	$144.00	Oct 23	$0.63	$0.63	$0.37	67%	1.70	$144.37

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $2.58, cheapest $2.43)

CALLS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$157.50	Oct 2	Oct 9	$2.56	77.9%	64.3%
$152.50	Oct 2	Oct 9	$2.70	74.6%	61.7%
$155.00	Oct 2	Oct 9	$2.79	77.0%	65.0%
$150.00	Oct 2	Oct 9	$2.60	72.1%	61.3%

PUTS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$157.50	Oct 2	Oct 9	$2.43	77.9%	64.3%
$152.50	Oct 2	Oct 9	$2.57	74.6%	61.7%
$155.00	Oct 2	Oct 9	$2.43	77.0%	65.0%
$150.00	Oct 2	Oct 9	$2.52	72.1%	61.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 101 found (cheapest 4.35% of stock, avg 11.73%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$152.50	Oct 2	$3.70	$2.96	$6.66	$145.84	$159.16	4.35%
$150.00	Oct 2	$5.08	$1.81	$6.89	$143.11	$156.89	4.50%
$155.00	Oct 2	$2.61	$4.30	$6.91	$148.09	$161.91	4.51%
$149.00	Oct 2	$5.78	$1.50	$7.28	$141.72	$156.28	4.76%
$148.00	Oct 2	$6.40	$1.19	$7.59	$140.41	$155.59	4.96%
$157.50	Oct 2	$1.77	$6.05	$7.82	$149.68	$165.32	5.11%
$146.00	Oct 2	$7.88	$0.76	$8.64	$137.36	$154.64	5.64%
$147.00	Oct 2	$7.73	$0.98	$8.71	$138.29	$155.71	5.69%
$160.00	Oct 2	$1.19	$7.98	$9.17	$150.83	$169.17	5.99%
$145.00	Oct 2	$9.05	$0.61	$9.66	$135.34	$154.66	6.31%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.99% of stock, avg 8.15%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$165.00	$147.00	Oct 2	$0.53	$0.98	$1.51	$145.49	$166.51
$162.50	$147.00	Oct 2	$0.78	$0.98	$1.76	$145.24	$164.26
$165.00	$148.00	Oct 2	$0.53	$1.19	$1.72	$146.28	$166.72
$162.50	$148.00	Oct 2	$0.78	$1.19	$1.97	$146.03	$164.47
$160.00	$147.00	Oct 2	$1.19	$0.98	$2.17	$144.83	$162.17
$160.00	$148.00	Oct 2	$1.19	$1.19	$2.38	$145.62	$162.38
$165.00	$149.00	Oct 2	$0.53	$1.50	$2.03	$146.97	$167.03
$162.50	$149.00	Oct 2	$0.78	$1.50	$2.28	$146.72	$164.78
$160.00	$149.00	Oct 2	$1.19	$1.50	$2.69	$146.31	$162.69
$165.00	$150.00	Oct 2	$0.53	$1.81	$2.34	$147.66	$167.34

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 262 found (best R:R 0.12, avg credit $0.67)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
123/124	178/180	Oct 9	$0.27	$2.23	86%	0.12	$123.73	$177.77
123/124	170/172	Oct 9	$0.46	$2.04	78%	0.23	$123.54	$170.46
123/124	175/178	Oct 9	$0.28	$2.22	84%	0.13	$123.72	$175.28
123/124	172/175	Oct 9	$0.33	$2.17	81%	0.15	$123.67	$172.83
134/135	178/180	Oct 9	$0.31	$2.19	80%	0.14	$134.69	$177.81
134/135	170/172	Oct 9	$0.50	$2.00	72%	0.25	$134.50	$170.50
123/124	168/170	Oct 9	$0.43	$2.07	75%	0.21	$123.57	$167.93
123/125	170/172	Oct 30	$0.92	$1.58	55%	0.58	$124.08	$170.92
123/124	162/165	Oct 9	$0.62	$1.88	67%	0.33	$123.38	$163.12
125/128	170/172	Oct 30	$1.22	$1.78	52%	0.69	$126.78	$171.22

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 141 found (best R:R 32.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$136.00	$140.00	$144.00	Oct 16	$0.12	$3.88	13%	32.33
$152.50	$155.00	$157.50	Oct 2	$0.25	$2.25	22%	9.00
$162.50	$165.00	$167.50	Oct 2	$0.06	$2.44	9%	40.67
$150.00	$152.50	$155.00	Oct 2	$0.29	$2.21	24%	7.62
$162.50	$165.00	$167.50	Oct 16	$0.05	$2.45	7%	49.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$150.00	$152.50	$155.00	Oct 2	$0.19	$2.31	24%	12.16
$155.00	$157.50	$160.00	Oct 2	$0.18	$2.32	19%	12.89
$125.00	$130.00	$135.00	Nov 6	$0.19	$4.81	10%	25.32
$135.00	$140.00	$145.00	Nov 6	$0.26	$4.74	12%	18.23
$150.00	$152.50	$155.00	Oct 16	$0.08	$2.42	10%	30.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 77 found (best net $-0.66, 77 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$160.00	$162.50	1:2	Oct 2	-$0.37	$2.13
$165.00	$167.50	1:2	Oct 2	-$0.15	$2.35
$167.50	$170.00	1:2	Oct 2	-$0.10	$2.40
$157.50	$160.00	1:2	Oct 2	-$0.61	$1.89
$162.50	$165.00	1:2	Oct 2	-$0.28	$2.22

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$152.50	$150.00	1:2	Oct 2	-$0.66	$1.84
$130.00	$125.00	1:2	Oct 16	-$0.22	$4.78
$125.00	$123.00	1:2	Oct 2	-$0.04	$1.96
$126.00	$125.00	1:2	Oct 9	-$0.07	$0.93
$133.00	$132.00	1:2	Oct 2	-$0.06	$0.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 66 found (best yield 6.56%, avg 2.92%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$160.00	Nov 6	$10.05	0.48	4.5%	6.56%	11.08%	35	67
$165.00	Nov 6	$8.35	0.42	7.8%	5.45%	13.23%	17	63
$170.00	Nov 6	$7.10	0.37	11.1%	4.64%	15.68%	17	33
$162.50	Nov 6	$9.10	0.45	6.2%	5.94%	12.09%	4	40
$172.50	Nov 6	$6.45	0.35	12.7%	4.21%	16.89%	3	7
$157.50	Nov 6	$10.75	0.51	2.9%	7.02%	9.90%	16	43
$175.00	Nov 6	$5.90	0.32	14.3%	3.85%	18.17%	11	178
$177.50	Nov 6	$5.30	0.31	15.9%	3.46%	19.41%	3	--
$155.00	Nov 6	$11.80	0.54	1.2%	7.71%	8.96%	23	45
$180.00	Nov 6	$5.00	0.28	17.6%	3.27%	20.84%	90	99

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 188,423

Total Puts 89,775

Put/Call Ratio 0.48

Net Difference 98,648

Prior's Put/Call Breakdown

Total Calls 171,106

Total Puts 97,922

Put/Call Ratio 0.57

Net Difference 73,184

Prior 7-Day Put/Call Summary

Total Calls 2,839,442

Total Puts 1,500,372

Average Put/Call Ratio 0.55

Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
Loading data...

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

Add Card