Tour v526
MSTR
STRATEGY INC A
$110.53 +6.02%
8/20 09:40

Option Volume

Detail
Current (08/20 9:40am) 83,920
Calls: 58,315 (69%)
Puts: 25,605 (31%)
Prior (08/07) 54,349
Calls: 42,736 (79%)
Puts: 11,613 (21%)
Current vs Prior +54.41%
Calls: +36.45% (Calls)
Puts: +120.49% (Puts)
Prior 7-Day Total 3,439,580
Calls: 2,466,144 (72%)
Puts: 973,436 (28%)
Prior 7-Day Average 491,368
Calls: 352,306 (72%)
Puts: 139,062 (28%)
Current vs Prior 7-Day Avg -82.92%
Calls: -83.45%
Puts: -81.59%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/20 9:40am) $29.85M
Calls: $25.21M (84%)
Puts: $4.65M (16%)
Prior (08/07) $19.99M
Calls: $17.35M (87%)
Puts: $2.64M (13%)
Current vs Prior +49.33%
Calls: +45.30%
Puts: +75.75%
Prior 7-Day Total $1.83B
Calls: $1.19B (65%)
Puts: $639.18M (35%)
Prior 7-Day Average $260.96M
Calls: $169.65M (65%)
Puts: $91.31M (35%)
Current vs Prior 7-Day Avg -88.56%
Calls: -85.14%
Puts: -94.91%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/20 9:40am) 0.44
Prior (08/07) 0.27
Current vs Prior +61.58%
Prior 7-Day Average 0.45
Current vs Prior 7-Day Avg -2.12%
Sentiment BULLISH

Open Interest

Detail
Current (08/20 9:40am) 3,013,208
Calls: 1,678,468 (56%)
Puts: 1,334,740 (44%)
Prior (08/07) 2,708,973
Calls: 1,444,389 (53%)
Puts: 1,264,584 (47%)
Current vs Prior +11.23%
Prior 7-Day Total 19,586,322
Calls: 10,911,038 (56%)
Puts: 8,675,284 (44%)
Prior 7-Day Average 2,798,046
Calls: 1,558,719 (56%)
Puts: 1,239,326 (44%)
Current vs Prior 7-Day Avg +7.69%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 5.61% | 10.49%5.61% | 20.04%
Prior 5.80% | 10.07%5.80% | 19.02%
Current vs Prior -3.34% | +4.20%-3.34% | +5.35%
Prior 7-Day Avg 5.19% | 9.21%8.08% | 17.97%
Current vs 7-Day Avg +8.05% | +13.93%-30.57% | +11.51%
Prior 7-Day Eod 5.80% | 10.07%5.80% | 19.02%
Current vs 7-Day Eod -3.34% | +4.20%-3.34% | +5.35%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 12.90% | 7.76%
Calls: 6.45% | 6.90%
Puts: 19.35% | 8.62%
Prior 3.40% | 5.72%
Calls: 2.09% | 5.83%
Puts: 4.72% | 5.61%
Current vs Prior +279.41% | +35.66%
Prior 7-Day Avg 7.63% | 5.09%
Calls: 6.83% | 5.22%
Puts: 8.44% | 4.97%
Current vs 7-Day Avg +69.01% | +52.37%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 84% of dollar volume in calls ($25.21M) vs puts ($4.65M). Above-average activity with volume up 54% vs prior. Extreme bullish P/C ratio of 0.44 - heavy call buying (58,315 calls vs 25,605 puts). P/C ratio rising 62% - increased hedging/bearish positioning.

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 NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
09:40BULLISHBULLISHBULLISH
09:35BULLISHBULLISHBULLISH

📈 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 150 of results (avg 7.9%, best 3.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Sep 189.7510.15$9.954.0%2380.554.6K
$115.00Aug 211.381.44$1.414.3%3.4K0.307.6K
$105.00Sep 1812.2012.80$12.504.8%660.635.4K
$95.00Aug 2115.1515.90$15.534.8%331.0043.0K
$93.00Aug 2117.0517.95$17.505.1%1031.00503
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Sep 189.009.30$9.153.3%800.451.9K
$105.00Sep 186.456.70$6.583.8%400.363.9K
$120.00Sep 1815.1515.80$15.484.2%900.602.5K
$118.00Aug 2810.2510.75$10.504.8%10.67--
$115.00Sep 1811.9012.50$12.204.9%110.533.2K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 13 found (avg $0.65, cheapest $0.19)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Aug 210.280.34$0.3119.4%8240.0810.0K
$120.00Aug 210.580.68$0.6315.9%4.5K0.159.7K
$119.00Aug 210.670.79$0.7316.4%310.17--
$118.00Aug 210.770.90$0.8415.5%800.19--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 210.170.20$0.1915.8%3.4K0.067.0K
$105.00Aug 210.750.87$0.8114.8%5720.203.4K
$90.00Aug 280.340.37$0.368.3%8290.053.7K
$93.00Aug 280.500.57$0.5313.2%100.08999
$94.00Aug 280.550.66$0.6118.0%70.091.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 178 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$89.00Aug 2120.5022.20$21.358.0%11.0087
$90.00Aug 2119.5020.90$20.206.9%491.00978
$91.00Aug 2118.5020.15$19.338.5%11.00290
$92.00Aug 2117.5019.15$18.339.0%71.002.0K
$93.00Aug 2117.0517.95$17.505.1%1031.00503
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 2119.0520.50$19.777.3%40.96300
$125.00Aug 2114.2015.75$14.9810.3%10.921.2K
$120.00Aug 219.7510.65$10.208.8%440.851.6K
$130.00Aug 2819.9521.40$20.677.0%40.85108
$119.00Aug 218.759.50$9.138.2%10.83--

Most actively traded options today. High liquidity = easy entry/exit. 300 active (total vol 61.2K, top 6.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Aug 213.003.20$3.106.5%6.4K0.5415.3K
$115.00Aug 283.704.00$3.857.8%5.7K0.404.0K
$121.00Aug 282.332.52$2.427.9%5.0K0.28--
$120.00Aug 210.580.68$0.6315.9%4.5K0.159.7K
$115.00Aug 211.381.44$1.414.3%3.4K0.307.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 210.170.20$0.1915.8%3.4K0.067.0K
$90.00Aug 210.030.04$0.0425.0%1.1K0.0112.0K
$102.00Aug 210.300.38$0.3423.5%1.0K0.103.3K
$90.00Aug 280.340.37$0.368.3%8290.053.7K
$100.00Aug 281.381.55$1.4711.6%7710.194.3K

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 43.2%, max 54.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$117.00Aug 21Sep 25122.5%79.3%54.4%3971.8K
$116.00Aug 21Oct 2120.3%79.4%51.6%511925
$115.00Aug 21Oct 2119.5%79.5%50.3%3.4K7.7K
$114.00Aug 21Sep 25117.9%78.5%50.2%3331.6K
$113.00Aug 21Sep 25115.3%78.4%46.9%1.3K1.5K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$115.00Aug 21Sep 25119.5%77.3%54.5%133.0K
$114.00Aug 21Sep 4117.9%81.1%45.4%14521
$113.00Aug 21Oct 2115.3%79.3%45.3%2618
$104.00Aug 21Sep 25106.6%74.8%42.6%4261.0K
$108.00Aug 21Sep 11106.1%74.5%42.4%12661

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 247 found (best R:R 2.33, avg 2.52)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$116.00$120.00Oct 2$1.20$2.80$1.2048%2.33$117.20
$125.00$130.00Sep 25$1.00$4.00$1.0036%4.00$126.00
$115.00$120.00Sep 18$1.60$3.40$1.6047%2.13$116.60
$120.00$125.00Sep 18$1.25$3.75$1.2540%3.00$121.25
$125.00$130.00Sep 11$0.77$4.23$0.7730%5.49$125.77
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$97.00$96.00Oct 2$0.20$0.80$0.2026%4.00$96.80
$102.00$101.00Sep 4$0.22$0.78$0.2228%3.55$101.78
$95.00$94.00Sep 4$0.11$0.89$0.1116%8.09$94.89
$110.00$109.00Oct 2$0.40$0.60$0.4044%1.50$109.60
$105.00$104.00Sep 4$0.32$0.68$0.3235%2.12$104.68

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 170 found (best R:R 1.06, avg 0.47)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$114.00$115.00Sep 25$0.55$0.55$0.4550%1.22$114.55
$129.00$130.00Aug 28$0.14$0.14$0.8684%0.16$129.14
$111.00$112.00Aug 28$0.47$0.47$0.5349%0.89$111.47
$111.00$112.00Aug 21$0.42$0.42$0.5852%0.72$111.42
$115.00$116.00Aug 21$0.23$0.23$0.7770%0.30$115.23
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$110.00$105.00Sep 18$2.57$2.57$2.4355%1.06$107.43
$105.00$101.00Oct 2$1.75$1.75$2.2563%0.78$103.25
$105.00$100.00Sep 18$1.95$1.95$3.0564%0.64$103.05
$109.00$106.00Oct 2$1.55$1.55$1.4557%1.07$107.45
$107.00$105.00Sep 25$1.08$1.08$0.9260%1.17$105.92

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $2.60, cheapest $2.47)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$114.00Aug 21Aug 28$2.47117.9%84.9%
$113.00Aug 21Aug 28$2.57115.3%85.1%
$111.00Aug 21Aug 28$2.67112.5%84.1%
$112.00Aug 21Aug 28$2.62112.7%84.4%
$108.00Aug 21Aug 28$2.52106.1%81.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$114.00Aug 21Aug 28$2.57117.9%84.9%
$113.00Aug 21Aug 28$2.57115.3%85.1%
$111.00Aug 21Aug 28$2.70112.5%84.1%
$112.00Aug 21Aug 28$2.60112.7%84.4%
$108.00Aug 21Aug 28$2.52106.1%81.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 86 found (cheapest 5.10% of stock, avg 13.12%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$110.00Aug 21$3.10$2.54$5.64$104.36$115.645.10%
$109.00Aug 21$3.60$2.10$5.70$103.30$114.705.16%
$111.00Aug 21$2.68$3.10$5.78$105.22$116.785.23%
$108.00Aug 21$4.18$1.68$5.86$102.14$113.865.30%
$112.00Aug 21$2.26$3.78$6.04$105.96$118.045.46%
$107.00Aug 21$4.83$1.32$6.15$100.85$113.155.56%
$113.00Aug 21$1.93$4.43$6.36$106.64$119.365.75%
$106.00Aug 21$5.53$1.02$6.55$99.45$112.555.93%
$114.00Aug 21$1.63$5.08$6.71$107.29$120.716.07%
$105.00Aug 21$6.25$0.81$7.06$97.94$112.066.39%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 2.20% of stock, avg 10.84%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$115.00$106.00Aug 21$1.41$1.02$2.43$103.57$117.43
$115.00$107.00Aug 21$1.41$1.32$2.73$104.27$117.73
$114.00$106.00Aug 21$1.63$1.02$2.65$103.35$116.65
$114.00$107.00Aug 21$1.63$1.32$2.95$104.05$116.95
$115.00$108.00Aug 21$1.41$1.68$3.09$104.91$118.09
$114.00$108.00Aug 21$1.63$1.68$3.31$104.69$117.31
$113.00$106.00Aug 21$1.93$1.02$2.95$103.05$115.95
$113.00$107.00Aug 21$1.93$1.32$3.25$103.75$116.25
$113.00$108.00Aug 21$1.93$1.68$3.61$104.39$116.61
$115.00$109.00Aug 21$1.41$2.10$3.51$105.49$118.51

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 94 found (best R:R 1.78, avg credit $0.57)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
104/105119/120Aug 28$0.64$0.3637%1.78$104.36$119.64
103/104119/120Aug 28$0.61$0.3940%1.56$103.39$119.61
99/100119/120Aug 28$0.48$0.5250%0.92$99.52$119.48
101/102119/120Aug 28$0.51$0.4945%1.04$101.49$119.51
100/101119/120Aug 28$0.48$0.5248%0.92$100.52$119.48
104/105120/121Aug 28$0.56$0.4439%1.27$104.44$120.56
95/96119/120Aug 28$0.38$0.6257%0.61$95.62$119.38
103/104120/121Aug 28$0.53$0.4742%1.13$103.47$120.53
107/108117/118Aug 21$0.52$0.4843%1.08$107.48$117.52
107/108115/116Aug 21$0.59$0.4136%1.44$107.41$115.59

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 112 found (best R:R 40.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$120.00$125.00$130.00Aug 21$0.18$4.8211%26.78
$100.00$105.00$110.00Sep 18$0.35$4.6517%13.29
$120.00$125.00$130.00Sep 18$0.22$4.7812%21.73
$90.00$95.00$100.00Sep 18$0.27$4.7313%17.52
$115.00$120.00$125.00Sep 18$0.35$4.6514%13.29
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$115.00$120.00$125.00Sep 11$0.12$4.8815%40.67
$120.00$125.00$130.00Aug 28$0.12$4.8814%40.67
$110.00$115.00$120.00Sep 18$0.23$4.7715%20.74
$120.00$125.00$130.00Sep 25$0.19$4.8111%25.32
$115.00$120.00$125.00Sep 4$0.35$4.6516%13.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 53 found (best net $-4.91, 52 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$125.00$130.001:2Aug 21-$0.03$4.97
$119.00$120.001:2Aug 21-$0.53$0.47
$118.00$119.001:2Aug 21-$0.62$0.38
$117.00$118.001:2Aug 21-$0.68$0.32
$116.00$117.001:2Aug 21-$0.82$0.18
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$125.00$113.001:2Oct 2-$4.91$7.09
$96.50$96.001:2Aug 21-$0.05$0.45
$95.00$94.001:2Aug 21-$0.06$0.94
$94.00$93.001:2Aug 21-$0.06$0.94
$98.00$97.501:2Aug 21-$0.07$0.43

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 80 found (best yield 7.24%, avg 3.87%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$120.00Oct 2$8.000.438.6%7.24%15.81%2875
$125.00Oct 2$6.200.3813.1%5.61%18.70%22182
$115.00Oct 2$9.450.494.0%8.55%12.59%474
$116.00Oct 2$8.900.485.0%8.05%13.00%9--
$130.00Oct 2$5.050.3317.6%4.57%22.18%38343
$112.00Oct 2$10.400.531.3%9.41%10.74%7--
$111.00Oct 2$10.800.550.4%9.77%10.20%213
$120.00Sep 25$6.800.428.6%6.15%14.72%54301
$117.00Sep 25$7.500.465.8%6.79%12.64%1--
$115.00Sep 25$8.300.484.0%7.51%11.55%34240

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 58,315
Total Puts 25,605
Put/Call Ratio 0.44
Net Difference 32,710

Prior's Put/Call Breakdown

Total Calls 42,736
Total Puts 11,613
Put/Call Ratio 0.27
Net Difference 31,123

Prior 7-Day Put/Call Summary

Total Calls 2,466,144
Total Puts 973,436
Average Put/Call Ratio 0.45
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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Chart Title

Price — Past 7 Days

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