Tour v509
MSTR
STRATEGY INC A
$93.17 -4.62%
8/18 15:06

Option Volume

Detail
Current (08/18 3:05pm) 192,647
Calls: 127,123 (66%)
Puts: 65,524 (34%)
Prior (08/14) 473,354
Calls: 291,208 (62%)
Puts: 182,146 (38%)
Current vs Prior -59.30%
Calls: -56.35% (Calls)
Puts: -64.03% (Puts)
Prior 7-Day Total 2,705,030
Calls: 2,059,499 (76%)
Puts: 645,531 (24%)
Prior 7-Day Average 386,432
Calls: 294,214 (76%)
Puts: 92,218 (24%)
Current vs Prior 7-Day Avg -50.15%
Calls: -56.79%
Puts: -28.95%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/18 3:05pm) $54.98M
Calls: $25.63M (47%)
Puts: $29.34M (53%)
Prior (08/14) $141.66M
Calls: $30.32M (21%)
Puts: $111.34M (79%)
Current vs Prior -61.19%
Calls: -15.44%
Puts: -73.65%
Prior 7-Day Total $1.68B
Calls: $1.10B (65%)
Puts: $582.91M (35%)
Prior 7-Day Average $239.83M
Calls: $156.55M (65%)
Puts: $83.27M (35%)
Current vs Prior 7-Day Avg -77.08%
Calls: -83.63%
Puts: -64.76%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/18 3:05pm) 0.52
Prior (08/14) 0.63
Current vs Prior -17.59%
Prior 7-Day Average 0.38
Current vs Prior 7-Day Avg +35.02%
Sentiment BULLISH

Open Interest

Detail
Current (08/18 3:05pm) 2,825,967
Calls: 1,580,942 (56%)
Puts: 1,245,025 (44%)
Prior (08/14) 2,918,557
Calls: 1,639,692 (56%)
Puts: 1,278,865 (44%)
Current vs Prior -3.17%
Prior 7-Day Total 18,732,166
Calls: 10,218,629 (55%)
Puts: 8,513,537 (45%)
Prior 7-Day Average 2,676,023
Calls: 1,459,804 (55%)
Puts: 1,216,219 (45%)
Current vs Prior 7-Day Avg +5.60%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 5.87% | 9.53%5.87% | 16.13%
Prior 3.53% | 7.76%7.76% | 16.64%
Current vs Prior +66.17% | +22.85%-24.33% | -3.07%
Prior 7-Day Avg 5.52% | 9.45%10.63% | 19.32%
Current vs 7-Day Avg +6.45% | +0.83%-44.79% | -16.52%
Prior 7-Day Eod 3.53% | 7.76%6.41% | 16.43%
Current vs 7-Day Eod +66.17% | +22.85%-8.39% | -1.82%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 3.51% | 7.35%
Calls: 4.23% | 8.18%
Puts: 2.79% | 6.52%
Prior 13.36% | 4.00%
Calls: 5.33% | 3.92%
Puts: 21.39% | 4.08%
Current vs Prior -73.73% | +83.75%
Prior 7-Day Avg 7.61% | 6.20%
Calls: 5.23% | 5.89%
Puts: 10.00% | 6.51%
Current vs 7-Day Avg -53.88% | +18.47%
Liquidity Acceptable
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🤖 AI Insights

Light premium activity with dollar volume down 61% vs prior. Below-average activity with volume down 59% vs prior. Bullish P/C ratio of 0.52.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
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

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 224 of results (avg 6.5%, best 2.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Sep 186.706.85$6.782.2%7510.501.9K
$94.00Aug 283.853.95$3.902.6%3030.49159
$96.00Aug 211.401.44$1.422.8%2.8K0.353.7K
$95.00Aug 211.721.77$1.752.9%2.9K0.4144.0K
$75.00Aug 2117.8518.50$18.183.6%190.99382
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$93.00Aug 212.312.36$2.342.1%1.4K0.472.3K
$96.00Aug 214.104.20$4.152.4%1.4K0.652.7K
$110.00Sep 1818.8019.30$19.052.6%100.751.9K
$94.00Aug 212.832.91$2.872.8%2.2K0.531.2K
$100.00Sep 1811.2511.60$11.433.1%3550.598.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 25 found (avg $0.59, cheapest $0.16)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Aug 210.190.21$0.2010.0%7.2K0.0726.0K
$104.00Aug 210.240.26$0.258.0%3.5K0.0810.8K
$103.00Aug 210.290.32$0.319.7%4.0K0.1026.0K
$102.00Aug 210.350.38$0.378.1%4.4K0.129.1K
$101.00Aug 210.460.50$0.488.3%1.9K0.1411.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$83.00Aug 210.150.18$0.1618.8%860.061.4K
$85.00Aug 210.260.31$0.2917.2%9970.097.3K
$86.00Aug 210.350.41$0.3815.8%7040.122.9K
$87.00Aug 210.470.55$0.5115.7%3260.1511.0K
$88.00Aug 210.630.73$0.6814.7%3180.192.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 160 found (avg delta 0.70, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Aug 2117.8518.50$18.183.6%190.99382
$80.00Aug 2112.8513.80$13.337.1%220.97435
$81.00Aug 2111.9012.55$12.235.3%--0.9736
$82.00Aug 2110.9011.60$11.256.2%2920.95325
$83.00Aug 219.9510.60$10.276.3%--0.9425
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Aug 2116.6517.35$17.004.1%191.005.3K
$108.00Aug 2114.4015.35$14.886.4%20.9310
$107.00Aug 2113.7014.40$14.055.0%20.9314
$109.00Aug 2115.6516.35$16.004.4%30.939
$106.00Aug 2112.7013.40$13.055.4%--0.9319

Most actively traded options today. High liquidity = easy entry/exit. 297 active (total vol 135.2K, top 17.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Aug 210.070.09$0.0825.0%17.1K0.0317.1K
$100.00Aug 210.580.62$0.606.7%10.8K0.1730.7K
$105.00Aug 210.190.21$0.2010.0%7.2K0.0726.0K
$100.00Aug 281.831.96$1.906.8%5.2K0.293.7K
$102.00Aug 210.350.38$0.378.1%4.4K0.129.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Aug 213.403.70$3.558.5%6.9K0.597.2K
$92.00Aug 211.831.92$1.884.8%3.3K0.418.9K
$90.00Aug 211.101.18$1.147.0%3.1K0.2814.9K
$94.00Aug 212.832.91$2.872.8%2.2K0.531.2K
$83.00Sep 112.182.44$2.3111.3%1.8K0.2327

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 26 strikes (avg 4.9%, max 10.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$89.00Aug 21Sep 1173.1%66.2%10.4%1199
$100.00Aug 21Oct 278.5%72.9%7.7%10.8K30.7K
$94.00Aug 21Oct 274.1%68.9%7.6%7804.2K
$98.00Aug 21Oct 276.4%71.9%6.4%3.9K23.5K
$93.00Aug 21Oct 273.4%69.2%6.0%540872
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$98.00Aug 21Sep 2576.4%70.7%8.1%170526
$100.00Aug 21Oct 278.5%72.9%7.7%8074.7K
$94.00Aug 21Oct 274.1%68.9%7.6%2.3K1.2K
$93.00Aug 21Oct 273.4%69.2%6.0%1.5K2.6K
$99.00Aug 21Oct 276.5%72.2%5.9%74238

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 215 found (best R:R 1.56, avg 2.46)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$88.00$90.00Oct 2$0.78$1.22$0.7865%1.56$88.78
$90.00$95.00Sep 18$2.35$2.65$2.3561%1.13$92.35
$100.00$105.00Sep 18$1.35$3.65$1.3540%2.70$101.35
$100.00$103.00Oct 2$0.92$2.08$0.9246%2.26$100.92
$105.00$110.00Sep 18$0.95$4.05$0.9532%4.26$105.95
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$92.00$91.00Oct 2$0.24$0.76$0.2442%3.17$91.76
$86.00$85.00Oct 2$0.17$0.83$0.1732%4.88$85.83
$97.00$96.00Oct 2$0.37$0.63$0.3750%1.70$96.63
$97.50$97.00Aug 21$0.33$0.17$0.3373%0.52$97.17
$80.00$75.00Aug 28$0.24$4.76$0.249%19.83$79.76

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 151 found (best R:R 0.67, avg 0.49)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$109.00$110.00Oct 2$0.67$0.67$0.3366%2.03$109.67
$97.00$98.00Oct 2$0.60$0.60$0.4050%1.50$97.60
$94.00$95.00Oct 2$0.57$0.57$0.4345%1.33$94.57
$95.00$96.00Sep 25$0.53$0.53$0.4749%1.13$95.53
$107.00$108.00Oct 2$0.36$0.36$0.6464%0.56$107.36
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$90.00$85.00Sep 18$2.00$2.00$3.0061%0.67$88.00
$80.00$75.00Oct 2$1.19$1.19$3.8178%0.31$78.81
$85.00$83.00Oct 2$0.88$0.88$1.1270%0.79$84.12
$85.00$80.00Sep 18$1.38$1.38$3.6272%0.38$83.62
$80.00$75.00Sep 25$1.02$1.02$3.9879%0.26$78.98

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $1.67, cheapest $1.68)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$93.00Aug 21Aug 28$1.6873.4%67.1%
$92.00Aug 21Aug 28$1.6572.6%66.7%
$91.00Aug 21Aug 28$1.5572.6%66.7%
$95.00Aug 21Aug 28$1.7074.3%69.2%
$96.00Aug 21Aug 28$1.6674.7%69.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$93.00Aug 21Aug 28$1.7173.4%67.1%
$92.00Aug 21Aug 28$1.6772.6%66.7%
$91.00Aug 21Aug 28$1.6372.6%66.7%
$95.00Aug 21Aug 28$1.6574.3%69.2%
$96.00Aug 21Aug 28$1.6874.7%69.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 104 found (cheapest 5.30% of stock, avg 13.19%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$93.00Aug 21$2.60$2.34$4.94$88.06$97.945.30%
$92.00Aug 21$3.10$1.88$4.98$87.02$96.985.35%
$94.00Aug 21$2.14$2.87$5.01$88.99$99.015.38%
$91.00Aug 21$3.78$1.47$5.25$85.75$96.255.63%
$95.00Aug 21$1.75$3.55$5.30$89.70$100.305.69%
$90.00Aug 21$4.33$1.14$5.47$84.53$95.475.87%
$96.00Aug 21$1.42$4.15$5.57$90.43$101.575.98%
$96.50Aug 21$1.27$4.58$5.85$90.65$102.356.28%
$89.00Aug 21$5.08$0.87$5.95$83.05$94.956.39%
$97.00Aug 21$1.15$4.97$6.12$90.88$103.126.57%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 2.17% of stock, avg 10.45%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$97.00$89.00Aug 21$1.15$0.87$2.02$86.98$99.02
$97.00$90.00Aug 21$1.15$1.14$2.29$87.71$99.29
$96.50$89.00Aug 21$1.27$0.87$2.14$86.86$98.64
$96.50$90.00Aug 21$1.27$1.14$2.41$87.59$98.91
$96.00$89.00Aug 21$1.42$0.87$2.29$86.71$98.29
$96.00$90.00Aug 21$1.42$1.14$2.56$87.44$98.56
$97.00$91.00Aug 21$1.15$1.47$2.62$88.38$99.62
$96.50$91.00Aug 21$1.27$1.47$2.74$88.26$99.24
$96.00$91.00Aug 21$1.42$1.47$2.89$88.11$98.89
$95.00$89.00Aug 21$1.75$0.87$2.62$86.38$97.62

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 138 found (best R:R 1.50, avg credit $0.49)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
85/86101/102Sep 4$0.60$0.4040%1.50$85.40$101.60
87/88101/102Sep 4$0.64$0.3635%1.78$87.36$101.64
85/86102/103Sep 11$0.61$0.3937%1.56$85.39$102.61
86/87101/102Sep 4$0.60$0.4038%1.50$86.40$101.60
85/86102/103Sep 4$0.55$0.4543%1.22$85.45$102.55
82/83101/102Sep 4$0.49$0.5147%0.96$82.51$101.49
87/88102/103Sep 4$0.59$0.4137%1.44$87.41$102.59
85/86103/104Sep 11$0.57$0.4339%1.33$85.43$103.57
83/84101/102Sep 4$0.51$0.4945%1.04$83.49$101.51
86/87103/104Aug 28$0.43$0.5753%0.75$86.57$103.43

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 104 found (best R:R 10.90, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$80.00$85.00$90.00Sep 18$0.42$4.5819%10.90
$90.00$95.00$100.00Sep 18$0.47$4.5321%9.64
$86.00$88.00$90.00Sep 25$0.05$1.958%39.00
$100.00$105.00$110.00Sep 18$0.40$4.6016%11.50
$94.00$95.00$96.00Aug 21$0.06$0.9412%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$95.00$100.00$105.00Sep 18$0.42$4.5818%10.90
$89.00$90.00$91.00Aug 21$0.06$0.9411%15.67
$92.00$93.00$94.00Aug 21$0.07$0.9313%13.29
$100.00$105.00$110.00Sep 18$0.42$4.5815%10.90
$91.00$92.00$93.00Aug 28$0.05$0.958%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. 54 found (best net $-4.76, 54 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$80.00$87.001:2Sep 11-$4.76$2.24
$109.00$110.001:2Aug 21-$0.05$0.95
$110.00$111.001:2Aug 21-$0.08$0.92
$107.00$108.001:2Aug 21-$0.10$0.90
$108.00$109.001:2Aug 21-$0.10$0.90
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$80.00$75.001:2Sep 11-$0.25$4.75
$80.00$75.001:2Sep 4-$0.17$4.83
$80.00$75.001:2Aug 28-$0.06$4.94
$80.00$75.001:2Sep 18-$0.49$4.51
$85.00$80.001:2Sep 18-$0.89$4.11

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 103 found (best yield 6.76%, avg 3.38%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$100.00Oct 2$6.300.467.3%6.76%14.09%123
$103.00Oct 2$5.400.4110.6%5.80%16.35%134
$99.00Oct 2$6.650.476.3%7.14%13.39%2823
$106.00Oct 2$4.650.3713.8%4.99%18.76%--19
$107.00Oct 2$4.400.3614.8%4.72%19.57%--10
$105.00Oct 2$4.850.3812.7%5.21%17.90%73
$109.00Oct 2$3.950.3417.0%4.24%21.23%--12
$97.00Oct 2$7.400.504.1%7.94%12.05%811
$98.00Oct 2$7.000.485.2%7.51%12.70%--51
$96.00Oct 2$7.750.523.0%8.32%11.36%54

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 127,123
Total Puts 65,524
Put/Call Ratio 0.52
Net Difference 61,599

Prior's Put/Call Breakdown

Total Calls 291,208
Total Puts 182,146
Put/Call Ratio 0.63
Net Difference 109,062

Prior 7-Day Put/Call Summary

Total Calls 2,059,499
Total Puts 645,531
Average Put/Call Ratio 0.38
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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