Tour v526
MSTR
STRATEGY INC A
$111.55 +7.00%
(8/20 09:46) ◀
|
Thursday, August 20, 2026 (9:50am)
January 2026
|
▶ (8/20 09:55)
◀ 8/20 09:51 ▶

Option Volume

Detail
ℹ
Current (08/20 9:50am) 150,280
Calls: 108,707 (72%)
Puts: 41,573 (28%)
Prior (08/07) 108,958
Calls: 89,561 (82%)
Puts: 19,397 (18%)
Current vs Prior +37.92%
Calls: +21.38% (Calls)
Puts: +114.33% (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 -69.42%
Calls: -69.14%
Puts: -70.10%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (08/20 9:50am) $57.17M
Calls: $49.20M (86%)
Puts: $7.97M (14%)
Prior (08/07) $89.95M
Calls: $84.59M (94%)
Puts: $5.36M (6%)
Current vs Prior -36.45%
Calls: -41.84%
Puts: +48.60%
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 -78.09%
Calls: -71.00%
Puts: -91.28%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (08/20 9:50am) 0.38
Prior (08/07) 0.22
Current vs Prior +76.58%
Prior 7-Day Average 0.45
Current vs Prior 7-Day Avg -14.76%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (08/20 9:50am) 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
ℹ
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 5.52% | 10.53%5.52% | 20.04%
Prior 5.80% | 10.07%5.80% | 19.02%
Current vs Prior -4.84% | +4.58%-4.85% | +5.33%
Prior 7-Day Avg 5.19% | 9.21%8.08% | 17.97%
Current vs 7-Day Avg +6.37% | +14.35%-31.65% | +11.49%
Prior 7-Day Eod 5.80% | 10.07%5.80% | 19.02%
Current vs 7-Day Eod -4.84% | +4.58%-4.85% | +5.33%
Sentiment BULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 7.86% | 5.94%
Calls: 11.01% | 6.61%
Puts: 4.70% | 5.26%
Prior 3.40% | 5.72%
Calls: 2.09% | 5.83%
Puts: 4.72% | 5.61%
Current vs Prior +131.18% | +3.85%
Prior 7-Day Avg 7.63% | 5.09%
Calls: 6.83% | 5.22%
Puts: 8.44% | 4.97%
Current vs 7-Day Avg +2.98% | +16.63%
Liquidity Pricy
+
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🤖 AI Insights

Strong bullish conviction with 86% of dollar volume in calls ($49.20M) vs puts ($7.97M). Extreme bullish P/C ratio of 0.38 - heavy call buying (108,707 calls vs 41,573 puts). P/C ratio rising 77% - 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
09:50BULLISHBULLISHBULLISH
09:45BULLISHBULLISHBULLISH
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 178 of results (avg 7.6%, best 3.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Sep 186.807.05$6.933.6%3920.435.6K
$100.00Aug 2812.8513.35$13.103.8%1060.844.9K
$90.00Aug 2121.5522.40$21.983.9%760.99978
$98.00Aug 2113.6014.20$13.904.3%940.9813.9K
$113.00Sep 46.707.00$6.854.4%800.52203
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Sep 184.304.50$4.404.5%1.3K0.269.4K
$110.00Sep 188.609.00$8.804.5%3600.421.9K
$112.00Aug 212.913.05$2.984.7%900.5018
$120.00Sep 1814.3515.05$14.704.8%1010.572.5K
$110.00Aug 211.922.02$1.975.1%1.3K0.385.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 14 found (avg $0.67, cheapest $0.06)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Aug 210.700.76$0.738.2%6.5K0.189.7K
$125.00Aug 210.330.40$0.3718.9%2.5K0.0910.0K
$119.00Aug 210.820.95$0.8914.6%860.21--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$96.00Aug 210.050.06$0.0616.7%370.022.1K
$105.00Aug 210.460.56$0.5119.6%2.1K0.143.4K
$106.00Aug 210.640.75$0.7015.7%5350.18499
$107.00Aug 210.890.99$0.9410.6%2400.2263
$91.00Aug 280.310.37$0.3417.6%130.054.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 182 found (avg delta 0.73, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Aug 2121.5522.40$21.983.9%760.99978
$92.00Aug 2119.4520.85$20.156.9%70.992.0K
$95.00Aug 2116.5017.85$17.187.9%530.9943.0K
$91.00Aug 2120.4021.85$21.136.9%10.98290
$93.00Aug 2118.4019.85$19.137.6%1160.98503
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 2117.4018.85$18.138.0%40.94300
$125.00Aug 2112.6014.00$13.3010.5%40.901.2K
$130.00Aug 2818.6020.00$19.307.3%40.83108
$120.00Aug 218.559.20$8.887.3%530.821.6K
$119.00Aug 217.258.35$7.8014.1%30.79--

Most actively traded options today. High liquidity = easy entry/exit. 330 active (total vol 112.4K, top 11.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Aug 284.254.55$4.406.8%11.2K0.454.0K
$110.00Aug 213.553.80$3.686.8%9.7K0.6215.3K
$120.00Aug 282.873.10$2.997.7%6.5K0.333.3K
$120.00Aug 210.700.76$0.738.2%6.5K0.189.7K
$115.00Aug 211.591.67$1.634.9%5.4K0.357.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 210.120.15$0.1421.4%4.2K0.047.0K
$105.00Aug 210.460.56$0.5119.6%2.1K0.143.4K
$110.00Aug 211.922.02$1.975.1%1.3K0.385.4K
$100.00Sep 184.304.50$4.404.5%1.3K0.269.4K
$90.00Aug 210.030.04$0.0425.0%1.2K0.0112.0K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 23 strikes (avg 38.9%, max 56.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$120.00Aug 21Oct 2126.5%81.0%56.1%6.5K9.8K
$117.00Aug 21Sep 25118.6%80.7%47.0%7771.8K
$116.00Aug 21Oct 2115.4%80.6%43.1%1.8K925
$112.00Aug 21Oct 2107.9%77.0%40.2%1.8K1.1K
$115.00Aug 21Oct 2113.3%81.3%39.3%5.4K7.7K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$120.00Aug 21Sep 25126.5%81.6%55.0%541.7K
$112.00Aug 21Oct 2107.9%77.0%40.2%9318
$110.00Aug 21Oct 2105.5%76.2%38.4%1.3K5.4K
$115.00Aug 21Sep 25113.3%81.9%38.4%433.0K
$113.00Aug 21Oct 2110.1%80.1%37.5%5218

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 250 found (best R:R 2.45, avg 2.39)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$120.00$125.00Oct 2$1.45$3.55$1.4546%2.45$121.45
$120.00$125.00Sep 11$1.16$3.84$1.1640%3.31$121.16
$100.00$105.00Sep 18$2.95$2.05$2.9574%0.69$102.95
$125.00$130.00Sep 18$1.03$3.97$1.0336%3.85$126.03
$125.00$130.00Oct 2$1.27$3.73$1.2740%2.94$126.27
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$111.00$110.00Oct 2$0.25$0.75$0.2544%3.00$110.75
$119.00$118.00Aug 21$0.65$0.35$0.6579%0.54$118.35
$101.00$100.00Sep 25$0.17$0.83$0.1729%4.88$100.83
$106.00$105.00Oct 2$0.25$0.75$0.2537%3.00$105.75
$94.00$93.00Sep 25$0.11$0.89$0.1120%8.09$93.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 166 found (best R:R 1.65, avg 0.50)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$114.00$115.00Sep 11$0.58$0.58$0.4250%1.38$114.58
$112.00$113.00Sep 4$0.60$0.60$0.4046%1.50$112.60
$115.00$116.00Sep 25$0.50$0.50$0.5049%1.00$115.50
$127.00$128.00Sep 4$0.26$0.26$0.7472%0.35$127.26
$115.00$116.00Oct 2$0.50$0.50$0.5048%1.00$115.50
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$110.00$107.00Sep 25$1.87$1.87$1.1357%1.65$108.13
$105.00$100.00Sep 18$2.03$2.03$2.9766%0.68$102.97
$105.00$101.00Oct 2$1.83$1.83$2.1765%0.84$103.17
$110.00$105.00Sep 18$2.37$2.37$2.6358%0.90$107.63
$110.00$109.00Oct 2$0.83$0.83$0.1758%4.88$109.17

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 17 found (avg debit $2.69, cheapest $2.57)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$116.00Aug 21Aug 28$2.71115.4%87.4%
$115.00Aug 21Aug 28$2.77113.3%86.2%
$113.00Aug 21Aug 28$2.90110.1%83.7%
$114.00Aug 21Aug 28$2.88111.2%85.7%
$112.00Aug 21Aug 28$2.91107.9%83.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$116.00Aug 21Aug 28$2.57115.4%87.4%
$115.00Aug 21Aug 28$2.65113.3%86.2%
$113.00Aug 21Aug 28$2.75110.1%83.7%
$114.00Aug 21Aug 28$2.85111.2%85.7%
$112.00Aug 21Aug 28$2.72107.9%83.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 87 found (cheapest 5.04% of stock, avg 13.41%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$111.00Aug 21$3.18$2.44$5.62$105.38$116.625.04%
$110.00Aug 21$3.68$1.97$5.65$104.35$115.655.06%
$112.00Aug 21$2.66$2.98$5.64$106.36$117.645.06%
$113.00Aug 21$2.25$3.50$5.75$107.25$118.755.15%
$109.00Aug 21$4.32$1.56$5.88$103.12$114.885.27%
$114.00Aug 21$1.92$4.13$6.05$107.95$120.055.42%
$108.00Aug 21$4.93$1.21$6.14$101.86$114.145.50%
$115.00Aug 21$1.63$4.90$6.53$108.47$121.535.85%
$107.00Aug 21$5.73$0.94$6.67$100.33$113.675.98%
$116.00Aug 21$1.39$5.63$7.02$108.98$123.026.29%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 160 found (cheapest 2.13% of stock, avg 10.78%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$117.00$108.00Aug 21$1.17$1.21$2.38$105.62$119.38
$116.00$108.00Aug 21$1.39$1.21$2.60$105.40$118.60
$117.00$109.00Aug 21$1.17$1.56$2.73$106.27$119.73
$116.00$109.00Aug 21$1.39$1.56$2.95$106.05$118.95
$115.00$108.00Aug 21$1.63$1.21$2.84$105.16$117.84
$115.00$109.00Aug 21$1.63$1.56$3.19$105.81$118.19
$117.00$110.00Aug 21$1.17$1.97$3.14$106.86$120.14
$114.00$108.00Aug 21$1.92$1.21$3.13$104.87$117.13
$116.00$110.00Aug 21$1.39$1.97$3.36$106.64$119.36
$115.00$110.00Aug 21$1.63$1.97$3.60$106.40$118.60

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 60 found (best R:R 1.38, avg credit $0.56)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
103/104121/122Aug 28$0.58$0.4244%1.38$103.42$121.58
102/103121/122Aug 28$0.53$0.4746%1.13$102.47$121.53
100/101121/122Aug 28$0.48$0.5251%0.92$100.52$121.48
98/99121/122Aug 28$0.44$0.5655%0.79$98.56$121.44
103/104120/121Aug 28$0.56$0.4442%1.27$103.44$120.56
108/109119/120Aug 21$0.51$0.4947%1.04$108.49$119.51
104/105121/122Aug 28$0.56$0.4441%1.27$104.44$121.56
106/107119/120Aug 21$0.40$0.6057%0.67$106.60$119.40
105/106119/120Aug 21$0.35$0.6561%0.54$105.65$119.35
95/96121/122Aug 28$0.37$0.6359%0.59$95.63$121.37

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 132 found (best R:R 21.73, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$120.00$125.00$130.00Aug 21$0.18$4.8214%26.78
$120.00$125.00$130.00Sep 11$0.19$4.8113%25.32
$120.00$125.00$130.00Oct 2$0.18$4.8210%26.78
$100.00$105.00$110.00Sep 18$0.35$4.6516%13.29
$105.00$110.00$115.00Sep 18$0.43$4.5716%10.63
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$115.00$120.00$125.00Sep 4$0.22$4.7817%21.73
$120.00$125.00$130.00Sep 18$0.19$4.8112%25.32
$105.00$110.00$115.00Sep 18$0.33$4.6716%14.15
$120.00$125.00$130.00Sep 11$0.24$4.7613%19.83
$100.00$105.00$110.00Sep 18$0.34$4.6616%13.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 47 found (best net $-4.37, 47 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$120.00$125.001:2Aug 21-$0.01$4.99
$125.00$130.001:2Aug 21-$0.01$4.99
$119.00$120.001:2Aug 21-$0.57$0.43
$118.00$119.001:2Aug 21-$0.78$0.22
$117.00$118.001:2Aug 21-$0.83$0.17
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$125.00$113.001:2Oct 2-$4.37$7.63
$125.00$120.001:2Aug 21-$4.46$0.54
$91.00$90.001:2Aug 21$0.00$1.00
$100.00$99.001:2Aug 21-$0.08$0.92
$96.50$96.001:2Aug 21-$0.06$0.44

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 78 found (best yield 6.41%, avg 4.15%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$125.00Oct 2$7.150.4012.1%6.41%18.47%185182
$120.00Oct 2$8.550.467.6%7.66%15.24%4075
$130.00Oct 2$5.950.3516.5%5.33%21.87%45343
$115.00Oct 2$10.550.523.1%9.46%12.55%974
$116.00Oct 2$9.950.504.0%8.92%12.91%9--
$112.00Oct 2$11.550.550.4%10.35%10.76%20--
$120.00Sep 25$7.700.447.6%6.90%14.48%83301
$115.00Sep 25$9.450.513.1%8.47%11.56%377240
$125.00Sep 25$6.100.3812.1%5.47%17.53%53300
$117.00Sep 25$8.500.484.9%7.62%12.51%3--

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 108,707
Total Puts 41,573
Put/Call Ratio 0.38
Net Difference 67,134

Prior's Put/Call Breakdown

Total Calls 89,561
Total Puts 19,397
Put/Call Ratio 0.22
Net Difference 70,164

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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