Tour v526
MSTR
STRATEGY INC A
$109.94 +5.46%
(8/20 10:25) ◀
|
Thursday, August 20, 2026 (10:30am)
January 2026
|
▶ (8/20 10:35)
◀ 8/20 10:30 ▶

Option Volume

Detail
ℹ
Current (08/20 10:30am) 270,223
Calls: 201,021 (74%)
Puts: 69,202 (26%)
Prior (08/07) 251,480
Calls: 209,873 (83%)
Puts: 41,607 (17%)
Current vs Prior +7.45%
Calls: -4.22% (Calls)
Puts: +66.32% (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 -45.01%
Calls: -42.94%
Puts: -50.24%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (08/20 10:30am) $103.48M
Calls: $83.07M (80%)
Puts: $20.40M (20%)
Prior (08/07) $290.90M
Calls: $279.67M (96%)
Puts: $11.23M (4%)
Current vs Prior -64.43%
Calls: -70.30%
Puts: +81.63%
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 -60.35%
Calls: -51.03%
Puts: -77.65%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (08/20 10:30am) 0.34
Prior (08/07) 0.20
Current vs Prior +73.65%
Prior 7-Day Average 0.45
Current vs Prior 7-Day Avg -23.25%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (08/20 10:30am) 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 5.21% | 10.20%5.21% | 19.37%
Prior 5.80% | 10.07%5.80% | 19.02%
Current vs Prior -10.19% | +1.24%-10.19% | +1.85%
Prior 7-Day Avg 5.19% | 9.21%8.08% | 17.97%
Current vs 7-Day Avg +0.39% | +10.69%-35.49% | +7.80%
Prior 7-Day Eod 5.80% | 10.07%5.80% | 19.02%
Current vs 7-Day Eod -10.19% | +1.24%-10.19% | +1.85%
Sentiment BULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 4.17% | 5.40%
Calls: 6.45% | 4.29%
Puts: 1.90% | 6.51%
Prior 3.40% | 5.72%
Calls: 2.09% | 5.83%
Puts: 4.72% | 5.61%
Current vs Prior +22.65% | -5.59%
Prior 7-Day Avg 7.63% | 5.09%
Calls: 6.83% | 5.22%
Puts: 8.44% | 4.97%
Current vs 7-Day Avg -45.37% | +6.03%
Liquidity Acceptable
+
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🤖 AI Insights

Strong bullish conviction with 80% of dollar volume in calls ($83.07M) vs puts ($20.40M). Light premium activity with dollar volume down 64% vs prior. Extreme bullish P/C ratio of 0.34 - heavy call buying (201,021 calls vs 69,202 puts). P/C ratio rising 74% - 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
10:30BULLISHBULLISHBULLISH
10:25BULLISHBULLISHBULLISH
10:20BULLISHBULLISHBULLISH
10:15BULLISHBULLISHBULLISH
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 257 of results (avg 6.8%, best 1.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Aug 212.562.61$2.591.9%13.4K0.5215.3K
$96.50Aug 2113.3513.75$13.553.0%570.987.4K
$95.00Aug 2114.7515.20$14.983.0%2120.9843.0K
$97.00Sep 414.8515.35$15.103.3%280.81894
$113.00Sep 45.755.95$5.853.4%1560.47203
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Aug 212.602.65$2.631.9%2.2K0.485.4K
$115.00Aug 215.956.10$6.032.5%1170.742.9K
$130.00Sep 1823.2023.85$23.532.8%230.721.5K
$105.00Sep 186.606.80$6.703.0%2740.373.9K
$125.00Aug 2816.2516.80$16.523.3%50.81169

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 23 found (avg $0.58, cheapest $0.16)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Aug 210.180.20$0.1910.5%3.6K0.0510.0K
$130.00Aug 210.100.12$0.1118.2%3.4K0.0312.6K
$120.00Aug 210.410.43$0.424.8%9.1K0.129.7K
$118.00Aug 210.570.64$0.6111.5%5590.16--
$117.00Aug 210.670.78$0.7315.1%9590.191.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 210.150.18$0.1618.8%6.6K0.067.0K
$101.00Aug 210.200.23$0.2213.6%4830.072.3K
$95.00Aug 210.050.06$0.0616.7%5770.027.7K
$103.00Aug 210.380.44$0.4114.6%7900.121.0K
$104.00Aug 210.510.60$0.5516.4%7720.161.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 193 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$89.00Aug 2120.0521.50$20.787.0%20.9987
$88.00Aug 2121.0522.50$21.786.7%10.99108
$91.00Aug 2118.1519.50$18.837.2%10.99290
$90.00Aug 2119.1520.60$19.887.3%1170.99978
$92.00Aug 2117.8018.55$18.184.1%120.992.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 2119.6020.95$20.276.7%41.00300
$125.00Aug 2114.7016.05$15.388.8%100.931.2K
$120.00Aug 2110.1511.00$10.588.0%570.881.6K
$130.00Aug 2820.4021.70$21.056.2%40.87108
$119.00Aug 219.0010.35$9.6813.9%50.86--

Most actively traded options today. High liquidity = easy entry/exit. 369 active (total vol 209.6K, top 20.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Aug 283.403.60$3.505.7%20.0K0.384.0K
$110.00Aug 212.562.61$2.591.9%13.4K0.5215.3K
$117.00Aug 282.853.05$2.956.8%10.2K0.34469
$123.00Aug 281.681.84$1.769.1%10.2K0.22--
$120.00Aug 210.410.43$0.424.8%9.1K0.129.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 210.150.18$0.1618.8%6.6K0.067.0K
$105.00Aug 210.710.75$0.735.5%5.4K0.203.4K
$109.00Aug 212.082.20$2.145.6%2.5K0.4216
$110.00Aug 212.602.65$2.631.9%2.2K0.485.4K
$100.00Sep 184.554.75$4.654.3%1.5K0.299.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 24 strikes (avg 36.7%, max 43.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$117.00Aug 21Oct 2113.6%79.5%43.0%9611.8K
$116.00Aug 21Oct 2111.1%79.6%39.7%2.1K925
$115.00Aug 21Oct 2110.0%79.0%39.1%8.6K7.7K
$109.00Aug 21Oct 2102.2%74.0%38.1%3.4K18.7K
$106.00Aug 21Oct 2101.7%73.8%38.0%3.4K5.7K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$107.00Aug 21Sep 25102.0%73.0%39.7%43177
$115.00Aug 21Oct 2110.0%79.0%39.1%1182.9K
$104.00Aug 21Sep 25100.7%72.8%38.4%7871.0K
$109.00Aug 21Oct 2102.2%74.0%38.1%2.5K19
$106.00Aug 21Oct 2101.7%73.8%38.0%779540

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 258 found (best R:R 3.85, avg 2.43)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$125.00$130.00Oct 2$1.03$3.97$1.0337%3.85$126.03
$120.00$125.00Oct 2$1.32$3.68$1.3243%2.79$121.32
$125.00$130.00Sep 18$0.84$4.16$0.8432%4.95$125.84
$125.00$130.00Sep 25$0.98$4.02$0.9835%4.10$125.98
$115.00$120.00Sep 18$1.52$3.48$1.5246%2.29$116.52
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$106.00$105.00Sep 25$0.25$0.75$0.2539%3.00$105.75
$94.00$93.00Sep 25$0.10$0.90$0.1021%9.00$93.90
$101.00$100.00Oct 2$0.25$0.75$0.2532%3.00$100.75
$94.00$93.00Oct 2$0.17$0.83$0.1723%4.88$93.83
$113.00$112.00Sep 11$0.48$0.52$0.4852%1.08$112.52

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 178 found (best R:R 0.69, avg 0.47)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$114.00$115.00Sep 25$0.52$0.52$0.4851%1.08$114.52
$115.00$116.00Sep 4$0.40$0.40$0.6058%0.67$115.40
$119.00$120.00Sep 4$0.32$0.32$0.6865%0.47$119.32
$116.00$117.00Sep 11$0.40$0.40$0.6057%0.67$116.40
$113.00$114.00Aug 21$0.29$0.29$0.7165%0.41$113.29
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$105.00$100.00Sep 18$2.05$2.05$2.9563%0.69$102.95
$100.00$95.00Sep 18$1.55$1.55$3.4571%0.45$98.45
$109.00$106.00Oct 2$1.58$1.58$1.4257%1.11$107.42
$105.00$102.00Oct 2$1.37$1.37$1.6362%0.84$103.63
$95.00$90.00Sep 18$1.11$1.11$3.8979%0.29$93.89

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $2.67, cheapest $2.50)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$113.00Aug 21Aug 28$2.61106.2%83.4%
$107.00Aug 21Aug 28$2.63102.0%79.9%
$108.00Aug 21Aug 28$2.60102.0%79.9%
$109.00Aug 21Aug 28$2.73102.2%80.2%
$112.00Aug 21Aug 28$2.70104.7%83.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$113.00Aug 21Aug 28$2.50106.2%83.4%
$107.00Aug 21Aug 28$2.53102.0%79.9%
$108.00Aug 21Aug 28$2.65102.0%79.9%
$109.00Aug 21Aug 28$2.69102.2%80.2%
$112.00Aug 21Aug 28$2.65104.7%83.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 107 found (cheapest 4.75% of stock, avg 13.66%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$110.00Aug 21$2.59$2.63$5.22$104.78$115.224.75%
$109.00Aug 21$3.10$2.14$5.24$103.76$114.244.77%
$111.00Aug 21$2.17$3.18$5.35$105.65$116.354.87%
$108.00Aug 21$3.70$1.68$5.38$102.62$113.384.89%
$107.00Aug 21$4.22$1.32$5.54$101.46$112.545.04%
$112.00Aug 21$1.83$3.90$5.73$106.27$117.735.21%
$106.00Aug 21$4.95$1.02$5.97$100.03$111.975.43%
$113.00Aug 21$1.54$4.60$6.14$106.86$119.145.58%
$105.00Aug 21$5.73$0.73$6.46$98.54$111.465.88%
$114.00Aug 21$1.25$5.35$6.60$107.40$120.606.00%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 1.89% of stock, avg 11.32%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$115.00$106.00Aug 21$1.06$1.02$2.08$103.92$117.08
$114.00$106.00Aug 21$1.25$1.02$2.27$103.73$116.27
$115.00$107.00Aug 21$1.06$1.32$2.38$104.62$117.38
$114.00$107.00Aug 21$1.25$1.32$2.57$104.43$116.57
$113.00$106.00Aug 21$1.54$1.02$2.56$103.44$115.56
$113.00$107.00Aug 21$1.54$1.32$2.86$104.14$115.86
$115.00$108.00Aug 21$1.06$1.68$2.74$105.26$117.74
$114.00$108.00Aug 21$1.25$1.68$2.93$105.07$116.93
$113.00$108.00Aug 21$1.54$1.68$3.22$104.78$116.22
$112.00$106.00Aug 21$1.83$1.02$2.85$103.15$114.85

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 92 found (best R:R 2.70, avg credit $0.62)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
100/101119/120Sep 4$0.73$0.2738%2.70$100.27$119.73
98/99119/120Sep 4$0.59$0.4142%1.44$98.41$119.59
96/97119/120Sep 4$0.55$0.4546%1.22$96.45$119.55
92/93119/120Sep 4$0.47$0.5352%0.89$92.53$119.47
93/94119/120Sep 4$0.48$0.5250%0.92$93.52$119.48
91/92119/120Sep 4$0.45$0.5553%0.82$91.55$119.45
105/106113/114Aug 21$0.58$0.4240%1.38$105.42$113.58
94/95119/120Sep 4$0.49$0.5149%0.96$94.51$119.49
97/98119/120Sep 4$0.54$0.4644%1.17$97.46$119.54
105/106117/118Aug 21$0.41$0.5956%0.69$105.59$117.41

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 133 found (best R:R 49.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$115.00$120.00$125.00Sep 18$0.21$4.7914%22.81
$120.00$125.00$130.00Sep 11$0.21$4.7912%22.81
$120.00$125.00$130.00Aug 21$0.15$4.859%32.33
$90.00$95.00$100.00Sep 18$0.32$4.6814%14.62
$115.00$116.00$117.00Aug 21$0.05$0.957%19.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$115.00$120.00$125.00Sep 11$0.10$4.9015%49.00
$120.00$125.00$130.00Aug 21$0.09$4.9112%54.56
$110.00$115.00$120.00Sep 18$0.34$4.6615%13.71
$115.00$120.00$125.00Sep 4$0.42$4.5817%10.90
$120.00$125.00$130.00Aug 28$0.34$4.6614%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. 59 found (best net $-0.03, 58 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$125.00$130.001:2Aug 21-$0.03$4.97
$119.00$120.001:2Aug 21-$0.33$0.67
$118.00$119.001:2Aug 21-$0.41$0.59
$117.00$118.001:2Aug 21-$0.49$0.51
$116.00$117.001:2Aug 21-$0.59$0.41
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$91.00$90.001:2Aug 21-$0.05$0.95
$96.00$95.001:2Aug 21-$0.06$0.94
$101.00$100.001:2Aug 21-$0.10$0.90
$102.00$101.001:2Aug 21-$0.12$0.88
$94.00$93.001:2Aug 21-$0.06$0.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 91 found (best yield 6.96%, avg 4.16%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$120.00Oct 2$7.650.439.2%6.96%16.11%5475
$125.00Oct 2$6.350.3713.7%5.78%19.47%218182
$130.00Oct 2$5.300.3318.2%4.82%23.07%100343
$115.00Oct 2$9.400.494.6%8.55%13.15%1474
$117.00Oct 2$8.550.476.4%7.78%14.20%2--
$116.00Oct 2$8.950.485.5%8.14%13.65%9--
$113.00Oct 2$10.050.522.8%9.14%11.92%14--
$112.00Oct 2$10.400.531.9%9.46%11.33%22--
$111.00Oct 2$10.800.541.0%9.82%10.79%413
$110.00Oct 2$11.250.550.1%10.23%10.29%42337

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 201,021
Total Puts 69,202
Put/Call Ratio 0.34
Net Difference 131,819

Prior's Put/Call Breakdown

Total Calls 209,873
Total Puts 41,607
Put/Call Ratio 0.20
Net Difference 168,266

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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