Tour v526
MSTR
STRATEGY INC A
$112.19 +7.62%
8/20 10:02

Option Volume

Detail
Current (08/20 10:00am) 193,948
Calls: 140,992 (73%)
Puts: 52,956 (27%)
Prior (08/07) 123,692
Calls: 102,079 (83%)
Puts: 21,613 (17%)
Current vs Prior +56.80%
Calls: +38.12% (Calls)
Puts: +145.02% (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 -60.53%
Calls: -59.98%
Puts: -61.92%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/20 10:00am) $81.46M
Calls: $70.76M (87%)
Puts: $10.71M (13%)
Prior (08/07) $92.12M
Calls: $85.23M (93%)
Puts: $6.89M (7%)
Current vs Prior -11.56%
Calls: -16.98%
Puts: +55.44%
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 -68.78%
Calls: -58.29%
Puts: -88.28%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/20 10:00am) 0.38
Prior (08/07) 0.21
Current vs Prior +77.40%
Prior 7-Day Average 0.45
Current vs Prior 7-Day Avg -16.28%
Sentiment BULLISH

Open Interest

Detail
Current (08/20 10:00am) 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 5.56% | 10.52%5.56% | 20.01%
Prior 5.80% | 10.07%5.80% | 19.02%
Current vs Prior -4.16% | +4.43%-4.16% | +5.20%
Prior 7-Day Avg 5.19% | 9.21%8.08% | 17.97%
Current vs 7-Day Avg +7.14% | +14.18%-31.15% | +11.34%
Prior 7-Day Eod 5.80% | 10.07%5.80% | 19.02%
Current vs 7-Day Eod -4.16% | +4.43%-4.16% | +5.20%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 9.90% | 6.79%
Calls: 6.08% | 6.96%
Puts: 13.72% | 6.61%
Prior 3.40% | 5.72%
Calls: 2.09% | 5.83%
Puts: 4.72% | 5.61%
Current vs Prior +191.18% | +18.71%
Prior 7-Day Avg 7.63% | 5.09%
Calls: 6.83% | 5.22%
Puts: 8.44% | 4.97%
Current vs 7-Day Avg +29.70% | +33.32%
Liquidity Pricy
+
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🤖 AI Insights

Strong bullish conviction with 87% of dollar volume in calls ($70.76M) vs puts ($10.71M). Above-average activity with volume up 57% vs prior. Extreme bullish P/C ratio of 0.38 - heavy call buying (140,992 calls vs 52,956 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
10:00BULLISHBULLISHBULLISH
09:55BULLISHBULLISHBULLISH
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 213 of results (avg 7.7%, best 3.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Sep 1810.7511.10$10.933.2%4590.574.6K
$95.00Aug 2116.9017.50$17.203.5%1151.0043.0K
$96.00Sep 417.5518.30$17.934.2%120.85196
$120.00Sep 186.957.25$7.104.2%1.1K0.425.6K
$99.00Aug 2112.9513.55$13.254.5%3710.956.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Sep 1814.3514.85$14.603.4%1020.572.5K
$115.00Aug 287.157.45$7.304.1%2030.55496
$100.00Sep 184.104.30$4.204.8%1.4K0.269.4K
$95.00Sep 182.732.87$2.805.0%1620.193.8K
$125.00Sep 1116.6017.50$17.055.3%200.67216

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 15 found (avg $0.66, cheapest $0.19)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 210.180.21$0.2015.0%2.3K0.0512.6K
$125.00Aug 210.350.42$0.3917.9%3.1K0.0910.0K
$120.00Aug 210.770.84$0.818.6%7.5K0.199.7K
$119.00Aug 210.900.99$0.959.5%8210.21--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$102.00Aug 210.170.20$0.1915.8%1.1K0.073.3K
$105.00Aug 210.460.49$0.486.2%3.7K0.133.4K
$107.00Aug 210.730.86$0.8016.2%2820.2163
$95.00Aug 280.510.62$0.5619.6%1520.083.8K
$93.00Aug 280.400.49$0.4520.0%240.07999

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 183 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Aug 2121.2022.45$21.835.7%761.00978
$91.00Aug 2120.1521.75$20.957.6%11.00290
$92.00Aug 2119.3520.90$20.137.7%121.002.0K
$93.00Aug 2118.2019.65$18.927.7%1181.00503
$94.00Aug 2117.2518.55$17.907.3%2.0K1.003.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 2117.3019.00$18.159.4%40.95300
$125.00Aug 2112.7514.10$13.4310.1%100.911.2K
$130.00Aug 2818.6520.10$19.387.5%40.82108
$120.00Aug 218.358.85$8.605.8%540.811.6K
$119.00Aug 217.308.00$7.659.2%50.79--

Most actively traded options today. High liquidity = easy entry/exit. 344 active (total vol 147.0K, top 11.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Aug 284.454.70$4.585.5%11.4K0.454.0K
$123.00Aug 282.392.54$2.476.1%10.2K0.27--
$117.00Aug 283.704.05$3.889.0%10.1K0.39469
$110.00Aug 213.854.10$3.976.3%10.1K0.6415.3K
$120.00Aug 210.770.84$0.818.6%7.5K0.199.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 210.100.13$0.1225.0%5.0K0.047.0K
$105.00Aug 210.460.49$0.486.2%3.7K0.133.4K
$110.00Aug 211.681.79$1.746.3%1.6K0.365.4K
$109.00Aug 211.281.42$1.3510.4%1.5K0.3116
$100.00Sep 184.104.30$4.204.8%1.4K0.269.4K

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 39.4%, max 54.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$120.00Aug 21Oct 2124.2%80.3%54.6%7.5K9.8K
$117.00Aug 21Sep 25116.2%79.8%45.6%8331.8K
$116.00Aug 21Oct 2114.4%80.4%42.2%1.9K925
$115.00Aug 21Oct 2112.8%79.6%41.7%6.4K7.7K
$114.00Aug 21Sep 25111.6%79.6%40.1%1.8K1.6K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$120.00Aug 21Sep 25124.2%80.3%54.7%561.7K
$115.00Aug 21Sep 25112.8%79.7%41.5%763.0K
$112.00Aug 21Oct 2107.4%77.0%39.6%19518
$113.00Aug 21Oct 2109.8%79.5%38.1%5618
$110.00Aug 21Oct 2104.7%76.2%37.5%1.6K5.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 254 found (best R:R 3.46, avg 2.42)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$125.00$130.00Oct 2$1.12$3.88$1.1240%3.46$126.12
$100.00$105.00Sep 18$2.85$2.15$2.8574%0.75$102.85
$115.00$120.00Sep 18$1.65$3.35$1.6550%2.03$116.65
$125.00$130.00Sep 25$1.13$3.87$1.1338%3.42$126.13
$120.00$125.00Sep 25$1.42$3.58$1.4244%2.52$121.42
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$118.00$117.00Aug 21$0.65$0.35$0.6576%0.54$117.35
$100.00$99.00Sep 25$0.18$0.82$0.1828%4.56$99.82
$111.00$110.00Sep 11$0.35$0.65$0.3544%1.86$110.65
$94.00$93.00Sep 25$0.12$0.88$0.1220%7.33$93.88
$101.00$100.00Sep 4$0.18$0.82$0.1823%4.56$100.82

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 169 found (best R:R 1.02, avg 0.51)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$133.00$134.00Aug 28$0.11$0.11$0.8986%0.12$133.11
$113.00$114.00Sep 4$0.47$0.47$0.5349%0.89$113.47
$115.00$116.00Aug 28$0.40$0.40$0.6055%0.67$115.40
$128.00$129.00Aug 28$0.15$0.15$0.8580%0.18$128.15
$117.00$118.00Aug 21$0.21$0.21$0.7972%0.27$117.21
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$110.00$105.00Sep 18$2.52$2.52$2.4858%1.02$107.48
$105.00$100.00Sep 18$1.93$1.93$3.0766%0.63$103.07
$101.00$100.00Oct 2$0.75$0.75$0.2570%3.00$100.25
$110.00$107.00Sep 25$1.57$1.57$1.4358%1.10$108.43
$100.00$95.00Sep 18$1.40$1.40$3.6074%0.39$98.60

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 17 found (avg debit $2.66, cheapest $2.63)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$116.00Aug 21Aug 28$2.63114.4%86.3%
$114.00Aug 21Aug 28$2.75111.6%84.9%
$115.00Aug 21Aug 28$2.76112.8%86.9%
$113.00Aug 21Aug 28$2.82109.8%84.4%
$112.00Aug 21Aug 28$2.79107.4%82.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$116.00Aug 21Aug 28$2.63114.4%86.3%
$114.00Aug 21Aug 28$2.75111.6%84.9%
$115.00Aug 21Aug 28$2.73112.8%86.9%
$113.00Aug 21Aug 28$2.77109.8%84.4%
$112.00Aug 21Aug 28$2.80107.4%82.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 90 found (cheapest 4.96% of stock, avg 13.35%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$111.00Aug 21$3.40$2.17$5.57$105.43$116.574.96%
$112.00Aug 21$2.96$2.68$5.64$106.36$117.645.03%
$110.00Aug 21$3.97$1.74$5.71$104.29$115.715.09%
$113.00Aug 21$2.51$3.28$5.79$107.21$118.795.16%
$109.00Aug 21$4.60$1.35$5.95$103.05$114.955.30%
$114.00Aug 21$2.15$3.90$6.05$107.95$120.055.39%
$108.00Aug 21$5.35$1.05$6.40$101.60$114.405.70%
$115.00Aug 21$1.82$4.57$6.39$108.61$121.395.70%
$107.00Aug 21$6.05$0.80$6.85$100.15$113.856.11%
$116.00Aug 21$1.55$5.30$6.85$109.15$122.856.11%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 160 found (cheapest 2.12% of stock, avg 10.70%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$117.00$108.00Aug 21$1.33$1.05$2.38$105.62$119.38
$117.00$109.00Aug 21$1.33$1.35$2.68$106.32$119.68
$116.00$108.00Aug 21$1.55$1.05$2.60$105.40$118.60
$116.00$109.00Aug 21$1.55$1.35$2.90$106.10$118.90
$115.00$108.00Aug 21$1.82$1.05$2.87$105.13$117.87
$117.00$110.00Aug 21$1.33$1.74$3.07$106.93$120.07
$115.00$109.00Aug 21$1.82$1.35$3.17$105.83$118.17
$116.00$110.00Aug 21$1.55$1.74$3.29$106.71$119.29
$115.00$110.00Aug 21$1.82$1.74$3.56$106.44$118.56
$114.00$108.00Aug 21$2.15$1.05$3.20$104.80$117.20

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 90 found (best R:R 1.78, avg credit $0.50)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
101/102122/123Sep 4$0.64$0.3641%1.78$101.36$122.64
99/100122/123Sep 4$0.56$0.4444%1.27$99.44$122.56
90/91121/122Aug 28$0.33$0.6764%0.49$90.67$121.33
97/98122/123Sep 4$0.48$0.5248%0.92$97.52$122.48
105/106121/122Aug 28$0.57$0.4339%1.33$105.43$121.57
90/91122/123Aug 28$0.30$0.7066%0.43$90.70$122.30
104/105121/122Aug 28$0.54$0.4642%1.17$104.46$121.54
90/91120/121Aug 28$0.33$0.6762%0.49$90.67$120.33
101/102121/122Aug 28$0.46$0.5449%0.85$101.54$121.46
105/106122/123Aug 28$0.54$0.4641%1.17$105.46$122.54

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 123 found (best R:R 24.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$100.00$105.00$110.00Sep 18$0.20$4.8016%24.00
$115.00$120.00$125.00Sep 18$0.15$4.8514%32.33
$90.00$95.00$100.00Sep 18$0.16$4.8412%30.25
$120.00$125.00$130.00Aug 21$0.23$4.7714%20.74
$120.00$125.00$130.00Sep 25$0.29$4.7111%16.24
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$110.00$115.00$120.00Sep 18$0.21$4.7915%22.81
$115.00$120.00$125.00Sep 25$0.18$4.8213%26.78
$105.00$110.00$115.00Sep 18$0.35$4.6516%13.29
$120.00$125.00$130.00Sep 25$0.24$4.7611%19.83
$115.00$120.00$125.00Sep 4$0.42$4.5817%10.90

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 49 found (best net $-4.57, 48 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$125.00$130.001:2Aug 21-$0.01$4.99
$119.00$120.001:2Aug 21-$0.67$0.33
$118.00$119.001:2Aug 21-$0.78$0.22
$117.00$118.001:2Aug 21-$0.91$0.09
$133.00$134.001:2Aug 28-$0.95$0.05
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$125.00$113.001:2Oct 2-$4.57$7.43
$125.00$120.001:2Aug 21-$3.77$1.23
$95.00$90.001:2Sep 18-$0.68$4.32
$92.00$91.001:2Aug 21-$0.05$0.95
$94.00$93.001:2Aug 21-$0.05$0.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 75 found (best yield 5.26%, avg 3.95%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$130.00Oct 2$5.900.3515.9%5.26%21.13%61343
$120.00Oct 2$8.600.457.0%7.67%14.63%4375
$125.00Oct 2$6.950.4011.4%6.19%17.61%192182
$116.00Oct 2$9.900.503.4%8.82%12.22%9--
$115.00Oct 2$10.250.512.5%9.14%11.64%1074
$113.00Oct 2$11.150.540.7%9.94%10.66%14--
$125.00Sep 25$6.250.3811.4%5.57%16.99%65300
$120.00Sep 25$7.600.447.0%6.77%13.74%94301
$130.00Sep 25$5.150.3315.9%4.59%20.47%29456
$115.00Sep 25$9.450.512.5%8.42%10.93%389240

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 140,992
Total Puts 52,956
Put/Call Ratio 0.38
Net Difference 88,036

Prior's Put/Call Breakdown

Total Calls 102,079
Total Puts 21,613
Put/Call Ratio 0.21
Net Difference 80,466

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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