Tour v345
MSTR
STRATEGY INC A
$94.26 +0.24%
7/17 15:09

Option Volume

Detail
Current (07/17 3:05pm) 571,005
Calls: 412,322 (72%)
Puts: 158,683 (28%)
Prior (07/16) 237,245
Calls: 130,416 (55%)
Puts: 106,829 (45%)
Current vs Prior +140.68%
Calls: +216.16% (Calls)
Puts: +48.54% (Puts)
Prior 7-Day Total 1,793,341
Calls: 1,055,171 (59%)
Puts: 738,170 (41%)
Prior 7-Day Average 256,191
Calls: 150,738 (59%)
Puts: 105,452 (41%)
Current vs Prior 7-Day Avg +122.88%
Calls: +173.53%
Puts: +50.48%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/17 3:05pm) $123.89M
Calls: $70.60M (57%)
Puts: $53.29M (43%)
Prior (07/16) $152.74M
Calls: $26.87M (18%)
Puts: $125.87M (82%)
Current vs Prior -18.88%
Calls: +162.77%
Puts: -57.66%
Prior 7-Day Total $611.78M
Calls: $293.64M (48%)
Puts: $318.15M (52%)
Prior 7-Day Average $87.40M
Calls: $41.95M (48%)
Puts: $45.45M (52%)
Current vs Prior 7-Day Avg +41.76%
Calls: +68.30%
Puts: +17.26%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/17 3:05pm) 0.38
Prior (07/16) 0.82
Current vs Prior -53.02%
Prior 7-Day Average 0.77
Current vs Prior 7-Day Avg -49.90%
Sentiment BULLISH

Open Interest

Detail
Current (07/17 3:05pm) 2,792,549
Calls: 1,457,869 (52%)
Puts: 1,334,680 (48%)
Prior (07/16) 2,742,387
Calls: 1,432,342 (52%)
Puts: 1,310,045 (48%)
Current vs Prior +1.83%
Prior 7-Day Total 18,599,000
Calls: 9,690,005 (52%)
Puts: 8,908,995 (48%)
Prior 7-Day Average 2,657,000
Calls: 1,384,286 (52%)
Puts: 1,272,713 (48%)
Current vs Prior 7-Day Avg +5.10%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 1.50% | 9.48%1.50% | 21.16%
Prior 6.09% | 10.81%6.09% | 21.99%
Current vs Prior -75.42% | -12.29%-75.42% | -3.74%
Prior 7-Day Avg 6.93% | 12.18%10.19% | 24.97%
Current vs 7-Day Avg -78.42% | -22.11%-85.32% | -15.24%
Prior 7-Day Eod 6.09% | 10.81%4.52% | 21.78%
Current vs 7-Day Eod -75.42% | -12.29%-66.90% | -2.83%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 20.34% | 6.71%
Calls: 22.81% | 7.83%
Puts: 17.86% | 5.59%
Prior 8.31% | 9.52%
Calls: 9.62% | 9.62%
Puts: 7.00% | 9.43%
Current vs Prior +144.77% | -29.52%
Prior 7-Day Avg 8.85% | 7.45%
Calls: 8.29% | 7.51%
Puts: 9.40% | 7.39%
Current vs 7-Day Avg +129.90% | -9.93%
Liquidity Pricy
+
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🤖 AI Insights

Unusually high activity with volume up 141% vs prior - elevated interest. Volume explosion - 123% above 7-day average (571,005 vs avg 256,191). Extreme bullish P/C ratio of 0.38 - heavy call buying (412,322 calls vs 158,683 puts). P/C ratio dropping 53% - sentiment shifting bullish.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BEARISH
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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 222 of results (avg 6.6%, best 1.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Jul 1714.1514.50$14.332.4%311.00343
$95.00Aug 77.407.60$7.502.7%650.53238
$80.00Jul 2414.5514.95$14.752.7%420.93175
$84.00Jul 1710.1510.45$10.302.9%300.99133
$97.00Aug 76.556.80$6.683.7%1670.49152
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Aug 2119.8520.20$20.021.7%770.675.3K
$105.00Aug 2116.1016.50$16.302.5%640.601.9K
$93.00Jul 243.453.55$3.502.9%9960.42769
$95.00Aug 219.9010.20$10.053.0%7570.461.9K
$91.00Jul 242.602.68$2.643.0%8.4K0.35543

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 16 found (avg $0.59, cheapest $0.13)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Jul 170.120.14$0.1315.4%9.6K0.266.0K
$113.00Jul 240.340.40$0.3716.2%510.08258
$112.00Jul 240.380.42$0.4010.0%4110.08704
$111.00Jul 240.440.50$0.4712.8%5190.10456
$110.00Jul 240.500.55$0.539.4%3.5K0.103.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$78.00Jul 240.260.31$0.2917.2%5630.06498
$80.00Jul 240.390.41$0.405.0%8640.0712.2K
$82.00Jul 240.520.58$0.5510.9%2.8K0.10515
$83.00Jul 240.620.75$0.6918.8%1630.12319
$84.00Jul 240.750.88$0.8215.9%960.14718

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 187 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$76.00Jul 1718.1518.90$18.524.0%--1.00257
$77.00Jul 1717.1517.85$17.504.0%--1.00431
$78.00Jul 1716.1516.90$16.524.5%11.00165
$79.00Jul 1715.1515.90$15.534.8%--1.0076
$80.00Jul 1714.1514.50$14.332.4%311.00343
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$97.00Jul 172.123.00$2.5634.4%2321.00381
$98.00Jul 173.103.85$3.4821.6%1091.001.1K
$98.50Jul 173.604.35$3.9718.9%31.00281
$99.00Jul 174.154.85$4.5015.6%911.00370
$100.00Jul 175.306.30$5.8017.2%1.9K1.007.1K

Most actively traded options today. High liquidity = easy entry/exit. 365 active (total vol 473.7K, top 39.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Jul 170.000.01$0.01100.0%39.6K0.0037.3K
$99.00Jul 170.000.01$0.01100.0%36.3K0.0134.0K
$102.00Jul 241.561.70$1.638.6%33.2K0.27524
$96.00Jul 243.403.60$3.505.7%25.2K0.472.3K
$104.00Jul 170.000.01$0.01100.0%20.9K0.0119.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$91.00Jul 242.602.68$2.643.0%8.4K0.35543
$90.00Jul 170.000.01$0.01100.0%7.7K0.0111.4K
$86.00Jul 170.000.02$0.01200.0%6.9K0.017.6K
$91.50Jul 170.010.04$0.03100.0%5.4K0.045.6K
$95.00Jul 170.760.91$0.8417.9%4.9K0.755.9K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 79 strikes (avg 277.9%, max 641.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$76.00Jul 17Jul 24694.0%93.6%641.3%--283
$78.00Jul 17Jul 24617.4%89.5%589.6%41165
$79.00Jul 17Jul 24579.6%86.3%571.2%4079
$113.00Jul 17Jul 31579.3%87.5%562.3%40706
$112.00Jul 17Jul 31553.7%86.7%538.4%711.4K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$76.00Jul 17Jul 24694.0%93.6%641.3%4772.2K
$77.00Jul 17Jul 31655.6%94.3%594.9%4881.3K
$78.00Jul 17Jul 31617.4%92.6%567.0%4841.3K
$80.00Jul 17Aug 28542.0%85.9%531.0%1.2K14.1K
$79.00Jul 17Jul 31579.6%92.6%526.1%96632

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 212 found (best R:R 11.00, avg 2.02)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$87.00$90.00Aug 28$0.25$2.75$0.2511.00$87.25
$105.00$106.00Jul 24$0.12$0.88$0.127.33$105.12
$111.00$112.00Jul 31$0.13$0.87$0.136.69$111.13
$106.00$107.00Jul 24$0.15$0.85$0.155.67$106.15
$109.00$110.00Jul 31$0.15$0.85$0.155.67$109.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$82.00$81.00Jul 24$0.11$0.89$0.118.09$81.89
$84.00$83.00Jul 24$0.13$0.87$0.136.69$83.87
$83.00$82.00Jul 24$0.14$0.86$0.146.14$82.86
$85.00$84.00Jul 24$0.15$0.85$0.155.67$84.85
$80.00$79.00Jul 31$0.16$0.84$0.165.25$79.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 282 found (best R:R 14.38, avg 1.48)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$76.00$78.00Jul 24$1.87$1.87$0.1314.38$77.87
$80.00$86.00Aug 28$5.27$5.27$0.737.22$85.27
$84.00$85.00Jul 24$0.87$0.87$0.136.69$84.87
$81.00$83.00Jul 31$1.68$1.68$0.325.25$82.68
$80.00$81.00Jul 17$0.83$0.83$0.174.88$80.83
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$111.00$110.00Jul 24$0.90$0.90$0.109.00$110.10
$110.00$109.00Jul 17$0.88$0.88$0.127.33$109.12
$113.00$112.00Jul 31$0.87$0.87$0.136.69$112.13
$103.00$102.00Jul 24$0.85$0.85$0.155.67$102.15
$106.00$105.00Jul 24$0.85$0.85$0.155.67$105.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 81 found (avg debit $1.61, cheapest $0.15)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$76.00Jul 17Jul 24$0.23694.0%93.6%
$78.00Jul 17Jul 24$0.36617.4%89.5%
$113.00Jul 17Jul 24$0.36579.3%86.4%
$79.00Jul 17Jul 24$0.37579.6%86.3%
$112.00Jul 17Jul 24$0.39553.7%84.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$111.00Jul 17Jul 24$0.15527.7%84.6%
$76.00Jul 17Jul 24$0.21694.0%93.6%
$77.00Jul 17Jul 24$0.27655.6%93.6%
$78.00Jul 17Jul 24$0.28617.4%89.5%
$109.00Jul 17Jul 24$0.28475.3%83.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 184 found (cheapest 0.84% of stock, avg 15.21%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$94.00Jul 17$0.57$0.22$0.79$93.21$94.790.84%
$95.00Jul 17$0.13$0.84$0.97$94.03$95.971.03%
$93.50Jul 17$0.92$0.11$1.03$92.47$94.531.09%
$93.00Jul 17$1.36$0.05$1.41$91.59$94.411.50%
$96.00Jul 17$0.04$1.61$1.65$94.35$97.651.75%
$96.50Jul 17$0.03$2.01$2.04$94.46$98.542.16%
$92.50Jul 17$2.02$0.03$2.05$90.45$94.552.17%
$92.00Jul 17$2.54$0.02$2.56$89.44$94.562.72%
$97.00Jul 17$0.02$2.56$2.58$94.42$99.582.74%
$91.50Jul 17$2.87$0.03$2.90$88.60$94.403.08%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 144 found (cheapest 0.07% of stock, avg 13.27%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$96.00$92.50Jul 17$0.04$0.03$0.07$92.43$96.07
$96.00$93.00Jul 17$0.04$0.05$0.09$92.91$96.09
$96.00$93.50Jul 17$0.04$0.11$0.15$93.35$96.15
$95.00$92.50Jul 17$0.13$0.03$0.16$92.34$95.16
$95.00$93.00Jul 17$0.13$0.05$0.18$92.82$95.18
$95.00$93.50Jul 17$0.13$0.11$0.24$93.26$95.24
$96.00$94.00Jul 17$0.04$0.22$0.26$93.74$96.26
$95.00$94.00Jul 17$0.13$0.22$0.35$93.65$95.35
$98.00$91.00Jul 24$2.75$2.64$5.39$85.61$103.39
$97.50$91.00Jul 24$2.94$2.64$5.58$85.42$103.08

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 174 found (best R:R 17.18, avg credit $1.07)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
90/9193/95Aug 28$1.89$0.1117.18$89.11$94.89
78/7981/83Jul 31$1.85$0.1512.33$77.15$82.85
79/8081/83Jul 31$1.84$0.1611.50$78.16$82.84
80/8183/84Jul 31$0.90$0.109.00$80.10$83.90
85/8689/90Aug 7$0.90$0.109.00$85.10$89.90
82/8390/91Aug 14$0.90$0.109.00$82.10$90.90
83/8490/91Aug 14$0.90$0.109.00$83.10$90.90
78/7983/84Jul 31$0.89$0.118.09$78.11$83.89
79/8084/85Jul 31$0.89$0.118.09$79.11$84.89
81/8283/84Jul 31$0.89$0.118.09$81.11$83.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 108 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$94.00$95.00$96.00Jul 31$0.05$0.9519.00
$84.00$85.00$86.00Aug 7$0.05$0.9519.00
$106.00$107.00$108.00Aug 14$0.05$0.9519.00
$104.00$105.00$106.00Jul 24$0.06$0.9415.67
$102.00$103.00$104.00Aug 7$0.06$0.9415.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$89.00$90.00$91.00Jul 17$0.05$0.9519.00
$102.00$103.00$104.00Jul 17$0.05$0.9519.00
$110.00$111.00$112.00Jul 24$0.05$0.9519.00
$102.00$103.00$104.00Jul 31$0.05$0.9519.00
$95.00$96.00$97.00Aug 7$0.05$0.9519.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 34 found (best net $-2.32, 31 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$105.00$110.001:2Aug 21-$3.34$1.66
$111.00$112.001:2Jul 24-$0.33$0.67
$112.00$113.001:2Jul 24-$0.34$0.66
$100.00$105.001:2Aug 21-$4.35$0.65
$110.00$111.001:2Jul 24-$0.41$0.59
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$85.00$80.001:2Aug 21-$2.32$2.68
$90.00$85.001:2Aug 21-$3.38$1.62
$91.00$90.001:2Jul 17$0.00$1.00
$96.00$95.001:2Jul 17-$0.07$0.93
$90.00$89.001:2Jul 17-$0.09$0.91

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 92 found (best yield 10.29%, avg 4.39%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$95.00Aug 28$9.700.540.8%10.29%11.08%1127
$95.00Aug 21$9.650.550.8%10.24%11.02%2381.5K
$97.00Aug 28$8.900.522.9%9.44%12.35%46
$98.00Aug 28$8.550.504.0%9.07%13.04%26
$100.00Aug 28$8.400.476.1%8.91%15.00%17142
$95.00Aug 14$8.200.530.8%8.70%9.48%1390
$99.00Aug 28$8.150.485.0%8.65%13.67%1812
$100.00Aug 21$7.700.476.1%8.17%14.26%9.3K5.0K
$96.00Aug 14$7.650.521.9%8.12%9.96%131
$95.00Aug 7$7.400.530.8%7.85%8.64%65238

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 412,322
Total Puts 158,683
Put/Call Ratio 0.38
Net Difference 253,639

Prior's Put/Call Breakdown

Total Calls 130,416
Total Puts 106,829
Put/Call Ratio 0.82
Net Difference 23,587

Prior 7-Day Put/Call Summary

Total Calls 1,055,171
Total Puts 738,170
Average Put/Call Ratio 0.77
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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Chart Title

Price — Past 7 Days

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