Tour v526
MSTR
STRATEGY INC A
$111.60 +7.05%
8/20 10:10

Option Volume

Detail
Current (08/20 10:10am) 225,894
Calls: 168,810 (75%)
Puts: 57,084 (25%)
Prior (08/07) 170,816
Calls: 137,859 (81%)
Puts: 32,957 (19%)
Current vs Prior +32.24%
Calls: +22.45% (Calls)
Puts: +73.21% (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 -54.03%
Calls: -52.08%
Puts: -58.95%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/20 10:10am) $94.34M
Calls: $81.98M (87%)
Puts: $12.36M (13%)
Prior (08/07) $104.91M
Calls: $94.01M (90%)
Puts: $10.91M (10%)
Current vs Prior -10.08%
Calls: -12.79%
Puts: +13.31%
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 -63.85%
Calls: -51.68%
Puts: -86.46%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/20 10:10am) 0.34
Prior (08/07) 0.24
Current vs Prior +41.45%
Prior 7-Day Average 0.45
Current vs Prior 7-Day Avg -24.61%
Sentiment BULLISH

Open Interest

Detail
Current (08/20 10:10am) 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 5.44% | 10.47%5.44% | 19.98%
Prior 5.80% | 10.07%5.80% | 19.02%
Current vs Prior -6.28% | +3.91%-6.28% | +5.05%
Prior 7-Day Avg 5.19% | 9.21%8.08% | 17.97%
Current vs 7-Day Avg +4.77% | +13.62%-32.68% | +11.19%
Prior 7-Day Eod 5.80% | 10.07%5.80% | 19.02%
Current vs 7-Day Eod -6.28% | +3.91%-6.28% | +5.05%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 7.59% | 6.44%
Calls: 5.88% | 5.08%
Puts: 9.30% | 7.79%
Prior 3.40% | 5.72%
Calls: 2.09% | 5.83%
Puts: 4.72% | 5.61%
Current vs Prior +123.24% | +12.59%
Prior 7-Day Avg 7.63% | 5.09%
Calls: 6.83% | 5.22%
Puts: 8.44% | 4.97%
Current vs 7-Day Avg -0.56% | +26.45%
Liquidity Pricy
+
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🤖 AI Insights

Strong bullish conviction with 87% of dollar volume in calls ($81.98M) vs puts ($12.36M). Extreme bullish P/C ratio of 0.34 - heavy call buying (168,810 calls vs 57,084 puts). P/C ratio rising 41% - 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
10:10BULLISHBULLISHBULLISH
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 245 of results (avg 7.0%, best 2.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Sep 119.159.40$9.282.7%1010.57459
$125.00Sep 185.405.55$5.482.7%5020.355.1K
$115.00Sep 188.408.70$8.553.5%7280.497.4K
$120.00Sep 186.757.00$6.883.6%1.4K0.425.6K
$98.00Aug 2113.5014.00$13.753.6%2.3K1.0013.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Sep 188.508.80$8.653.5%4030.431.9K
$95.00Sep 182.802.91$2.863.8%1840.193.8K
$105.00Sep 186.106.35$6.234.0%1970.353.9K
$120.00Aug 2810.9511.40$11.184.0%150.68438
$130.00Sep 1822.0523.00$22.534.2%230.701.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 19 found (avg $0.54, cheapest $0.11)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Aug 210.280.32$0.3013.3%3.2K0.0810.0K
$130.00Aug 210.150.17$0.1612.5%3.0K0.0412.6K
$120.00Aug 210.650.69$0.676.0%8.1K0.169.7K
$119.00Aug 210.730.83$0.7812.8%8660.19--
$118.00Aug 210.870.99$0.9312.9%3230.22--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 210.100.12$0.1118.2%5.2K0.047.0K
$101.00Aug 210.150.16$0.166.3%2710.062.3K
$97.00Aug 210.050.06$0.0616.7%3780.022.2K
$105.00Aug 210.490.54$0.529.6%4.5K0.153.4K
$106.00Aug 210.650.73$0.6911.6%6650.18499

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 185 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Aug 2120.8021.95$21.385.4%961.00978
$91.00Aug 2119.8521.15$20.506.3%11.00290
$92.00Aug 2118.9520.15$19.556.1%121.002.0K
$93.00Aug 2118.0019.40$18.707.5%1191.00503
$94.00Aug 2116.8518.15$17.507.4%2.0K1.003.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 2118.1519.30$18.736.1%40.96300
$125.00Aug 2113.4014.50$13.957.9%100.921.2K
$130.00Aug 2819.1020.45$19.776.8%40.84108
$120.00Aug 218.859.30$9.075.0%540.841.6K
$119.00Aug 217.908.40$8.156.1%50.81--

Most actively traded options today. High liquidity = easy entry/exit. 352 active (total vol 175.0K, top 16.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Aug 284.204.40$4.304.7%16.6K0.434.0K
$110.00Aug 213.453.70$3.587.0%10.5K0.6115.3K
$123.00Aug 282.192.34$2.266.6%10.2K0.26--
$117.00Aug 283.503.85$3.689.5%10.1K0.39469
$120.00Aug 210.650.69$0.676.0%8.1K0.169.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 210.100.12$0.1118.2%5.2K0.047.0K
$105.00Aug 210.490.54$0.529.6%4.5K0.153.4K
$109.00Aug 211.441.59$1.529.9%2.0K0.3316
$110.00Aug 211.881.99$1.945.7%1.8K0.395.4K
$100.00Sep 184.204.40$4.304.7%1.4K0.279.4K

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 37.7%, max 54.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$120.00Aug 21Oct 2122.1%79.9%52.7%8.2K9.8K
$117.00Aug 21Sep 25115.4%80.4%43.5%8851.8K
$116.00Aug 21Oct 2114.0%80.1%42.3%2.0K925
$112.00Aug 21Oct 2107.6%76.4%40.7%2.5K1.1K
$115.00Aug 21Oct 2112.0%79.6%40.7%7.5K7.7K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$120.00Aug 21Sep 25122.1%78.8%54.9%561.7K
$112.00Aug 21Oct 2107.6%76.4%40.7%21418
$115.00Aug 21Oct 2112.0%79.6%40.7%772.9K
$113.00Aug 21Oct 2108.2%79.5%36.1%5818
$114.00Aug 21Sep 4110.4%81.8%34.9%18321

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 255 found (best R:R 3.46, avg 2.44)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$125.00$130.00Oct 2$1.12$3.88$1.1240%3.46$126.12
$120.00$125.00Sep 25$1.32$3.68$1.3244%2.79$121.32
$125.00$130.00Sep 25$1.08$3.92$1.0838%3.63$126.08
$115.00$120.00Sep 18$1.67$3.33$1.6749%1.99$116.67
$105.00$110.00Sep 18$2.53$2.47$2.5366%0.98$107.53
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$100.00$99.00Oct 2$0.20$0.80$0.2029%4.00$99.80
$96.00$95.00Oct 2$0.17$0.83$0.1724%4.88$95.83
$103.00$102.00Sep 4$0.21$0.79$0.2128%3.76$102.79
$101.00$100.00Sep 25$0.25$0.75$0.2529%3.00$100.75
$94.00$93.00Oct 2$0.18$0.82$0.1822%4.56$93.82

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 171 found (best R:R 0.94, avg 0.49)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$115.00$116.00Sep 4$0.48$0.48$0.5254%0.92$115.48
$113.00$114.00Sep 4$0.48$0.48$0.5250%0.92$113.48
$124.00$125.00Sep 4$0.28$0.28$0.7269%0.39$124.28
$117.00$118.00Aug 28$0.35$0.35$0.6561%0.54$117.35
$115.00$116.00Sep 11$0.45$0.45$0.5552%0.82$115.45
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$110.00$105.00Sep 18$2.42$2.42$2.5857%0.94$107.58
$105.00$100.00Sep 18$1.93$1.93$3.0765%0.63$103.07
$109.00$106.00Oct 2$1.62$1.62$1.3859%1.17$107.38
$110.00$107.00Sep 25$1.65$1.65$1.3557%1.22$108.35
$100.00$95.00Sep 18$1.44$1.44$3.5674%0.40$98.56

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $2.78, cheapest $2.66)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$115.00Aug 21Aug 28$2.75112.0%86.0%
$114.00Aug 21Aug 28$2.83110.4%85.7%
$112.00Aug 21Aug 28$2.89107.6%84.6%
$113.00Aug 21Aug 28$2.87108.2%85.4%
$111.00Aug 21Aug 28$2.84103.7%82.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$115.00Aug 21Aug 28$2.66112.0%86.0%
$114.00Aug 21Aug 28$2.78110.4%85.7%
$112.00Aug 21Aug 28$2.77107.6%84.6%
$113.00Aug 21Aug 28$2.78108.2%85.4%
$111.00Aug 21Aug 28$2.78103.7%82.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 92 found (cheapest 4.91% of stock, avg 13.50%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$111.00Aug 21$3.06$2.42$5.48$105.52$116.484.91%
$110.00Aug 21$3.58$1.94$5.52$104.48$115.524.95%
$112.00Aug 21$2.59$3.01$5.60$106.40$117.605.02%
$109.00Aug 21$4.18$1.52$5.70$103.30$114.705.11%
$113.00Aug 21$2.18$3.60$5.78$107.22$118.785.18%
$108.00Aug 21$4.80$1.19$5.99$102.01$113.995.37%
$114.00Aug 21$1.85$4.22$6.07$107.93$120.075.44%
$107.00Aug 21$5.55$0.92$6.47$100.53$113.475.80%
$115.00Aug 21$1.55$4.97$6.52$108.48$121.525.84%
$106.00Aug 21$6.25$0.69$6.94$99.06$112.946.22%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 160 found (cheapest 2.00% of stock, avg 10.91%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$116.00$107.00Aug 21$1.31$0.92$2.23$104.77$118.23
$116.00$108.00Aug 21$1.31$1.19$2.50$105.50$118.50
$115.00$107.00Aug 21$1.55$0.92$2.47$104.53$117.47
$115.00$108.00Aug 21$1.55$1.19$2.74$105.26$117.74
$116.00$109.00Aug 21$1.31$1.52$2.83$106.17$118.83
$115.00$109.00Aug 21$1.55$1.52$3.07$105.93$118.07
$114.00$107.00Aug 21$1.85$0.92$2.77$104.23$116.77
$114.00$108.00Aug 21$1.85$1.19$3.04$104.96$117.04
$114.00$109.00Aug 21$1.85$1.52$3.37$105.63$117.37
$116.00$110.00Aug 21$1.31$1.94$3.25$106.75$119.25

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 75 found (best R:R 2.03, avg credit $0.54)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
105/106120/121Aug 28$0.67$0.3337%2.03$105.33$120.67
105/106121/122Aug 28$0.62$0.3839%1.63$105.38$121.62
103/104120/121Aug 28$0.56$0.4442%1.27$103.44$120.56
102/103120/121Aug 28$0.53$0.4745%1.13$102.47$120.53
104/105120/121Aug 28$0.58$0.4240%1.38$104.42$120.58
101/102120/121Aug 28$0.50$0.5047%1.00$101.50$120.50
100/101120/121Aug 28$0.47$0.5349%0.89$100.53$120.47
97/98120/121Aug 28$0.41$0.5955%0.69$97.59$120.41
96/97120/121Aug 28$0.39$0.6157%0.64$96.61$120.39
99/100120/121Aug 28$0.44$0.5651%0.79$99.56$120.44

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 127 found (best R:R 32.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$95.00$100.00$105.00Sep 18$0.20$4.8015%24.00
$115.00$120.00$125.00Sep 18$0.27$4.7314%17.52
$120.00$125.00$130.00Aug 21$0.23$4.7712%20.74
$120.00$125.00$130.00Sep 11$0.27$4.7314%17.52
$105.00$110.00$115.00Sep 18$0.38$4.6216%12.16
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$120.00$125.00$130.00Aug 28$0.15$4.8516%32.33
$115.00$120.00$125.00Sep 11$0.29$4.7116%16.24
$120.00$125.00$130.00Sep 4$0.26$4.7414%18.23
$115.00$120.00$125.00Sep 4$0.39$4.6117%11.82
$120.00$125.00$130.00Sep 18$0.26$4.7412%18.23

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 46 found (best net $-4.19, 45 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$125.00$130.001:2Aug 21-$0.02$4.98
$119.00$120.001:2Aug 21-$0.56$0.44
$118.00$119.001:2Aug 21-$0.63$0.37
$117.00$118.001:2Aug 21-$0.75$0.25
$116.00$117.001:2Aug 21-$0.91$0.09
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$125.00$120.001:2Aug 21-$4.19$0.81
$101.00$100.001:2Aug 21-$0.06$0.94
$100.00$99.001:2Aug 21-$0.07$0.93
$96.50$96.001:2Aug 21-$0.05$0.45
$102.00$101.001:2Aug 21-$0.10$0.90

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 80 found (best yield 7.75%, avg 4.13%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$120.00Oct 2$8.650.457.5%7.75%15.28%5075
$125.00Oct 2$6.950.4012.0%6.23%18.23%192182
$130.00Oct 2$5.850.3516.5%5.24%21.73%61343
$115.00Oct 2$10.350.513.0%9.27%12.32%1274
$116.00Oct 2$9.800.503.9%8.78%12.72%9--
$113.00Oct 2$10.950.541.2%9.81%11.07%14--
$112.00Oct 2$11.400.550.4%10.22%10.57%20--
$130.00Sep 25$5.150.3316.5%4.61%21.10%35456
$125.00Sep 25$6.100.3812.0%5.47%17.47%70300
$117.00Sep 25$8.550.484.8%7.66%12.50%12--

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 168,810
Total Puts 57,084
Put/Call Ratio 0.34
Net Difference 111,726

Prior's Put/Call Breakdown

Total Calls 137,859
Total Puts 32,957
Put/Call Ratio 0.24
Net Difference 104,902

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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