Tour v526
MSTR
STRATEGY INC A
$109.82 +5.34%
(8/20 10:30) ◀
|
Thursday, August 20, 2026 (10:35am)
January 2026
|
▶ (8/20 18:04)
◀ 8/20 10:35 ▶

Option Volume

Detail
ℹ
Current (08/20 10:35am) 277,589
Calls: 204,259 (74%)
Puts: 73,330 (26%)
Prior (08/07) 298,843
Calls: 249,629 (84%)
Puts: 49,214 (16%)
Current vs Prior -7.11%
Calls: -18.17% (Calls)
Puts: +49.00% (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 -43.51%
Calls: -42.02%
Puts: -47.27%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (08/20 10:35am) $104.39M
Calls: $83.38M (80%)
Puts: $21.01M (20%)
Prior (08/07) $360.73M
Calls: $348.89M (97%)
Puts: $11.84M (3%)
Current vs Prior -71.06%
Calls: -76.10%
Puts: +77.39%
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 -60.00%
Calls: -50.85%
Puts: -76.99%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (08/20 10:35am) 0.36
Prior (08/07) 0.20
Current vs Prior +82.10%
Prior 7-Day Average 0.45
Current vs Prior 7-Day Avg -19.98%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (08/20 10:35am) 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 5.15% | 10.15%5.15% | 19.33%
Prior 5.80% | 10.07%5.80% | 19.02%
Current vs Prior -11.19% | +0.80%-11.19% | +1.63%
Prior 7-Day Avg 5.19% | 9.21%8.08% | 17.97%
Current vs 7-Day Avg -0.72% | +10.22%-36.21% | +7.57%
Prior 7-Day Eod 5.80% | 10.07%5.80% | 19.02%
Current vs 7-Day Eod -11.19% | +0.80%-11.19% | +1.63%
Sentiment BULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 4.88% | 5.45%
Calls: 5.98% | 3.48%
Puts: 3.77% | 7.41%
Prior 3.40% | 5.72%
Calls: 2.09% | 5.83%
Puts: 4.72% | 5.61%
Current vs Prior +43.53% | -4.72%
Prior 7-Day Avg 7.63% | 5.09%
Calls: 6.83% | 5.22%
Puts: 8.44% | 4.97%
Current vs 7-Day Avg -36.07% | +7.01%
Liquidity Acceptable
+
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🤖 AI Insights

Strong bullish conviction with 80% of dollar volume in calls ($83.38M) vs puts ($21.01M). Light premium activity with dollar volume down 71% vs prior. Extreme bullish P/C ratio of 0.36 - heavy call buying (204,259 calls vs 73,330 puts). P/C ratio rising 82% - 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
10:35BULLISHBULLISHBULLISH
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 250 of results (avg 6.9%, best 2.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Sep 189.459.65$9.552.1%6880.544.6K
$120.00Sep 185.906.05$5.982.5%1.6K0.395.6K
$115.00Sep 187.457.65$7.552.6%8960.467.4K
$95.00Sep 1818.1518.70$18.423.0%1750.782.1K
$108.00Aug 286.156.35$6.253.2%2340.58832
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Sep 1819.3519.95$19.653.1%40.671.5K
$115.00Aug 288.358.65$8.503.5%4380.62496
$115.00Sep 1812.2012.65$12.433.6%1890.543.2K
$110.00Sep 189.209.55$9.383.7%7430.461.9K
$110.00Aug 212.602.70$2.653.8%2.3K0.505.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 22 found (avg $0.56, cheapest $0.16)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$118.00Aug 210.510.62$0.5619.6%5680.15--
$120.00Aug 210.400.44$0.429.5%9.3K0.119.7K
$125.00Aug 210.190.22$0.2114.3%3.7K0.0610.0K
$130.00Aug 210.100.11$0.119.1%3.5K0.0312.6K
$117.00Aug 210.620.73$0.6816.2%1.0K0.181.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 210.150.18$0.1618.8%6.7K0.067.0K
$99.00Aug 210.120.13$0.137.7%1820.04822
$95.00Aug 210.050.06$0.0616.7%5790.027.7K
$103.00Aug 210.380.45$0.4216.7%8050.131.0K
$104.00Aug 210.520.63$0.5719.3%7730.171.0K

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
$88.00Aug 2121.0522.45$21.756.4%11.00108
$89.00Aug 2120.1021.45$20.786.5%21.0087
$90.00Aug 2119.3520.15$19.754.1%1171.00978
$91.00Aug 2118.1019.45$18.777.2%11.00290
$92.00Aug 2117.1018.45$17.777.6%121.002.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 2119.7020.80$20.255.4%40.97300
$125.00Aug 2114.8515.90$15.386.8%100.941.2K
$120.00Aug 2110.0511.25$10.6511.3%570.891.6K
$119.00Aug 219.1010.15$9.6310.9%50.87--
$130.00Aug 2820.4521.65$21.055.7%40.87108

Most actively traded options today. High liquidity = easy entry/exit. 369 active (total vol 212.7K, top 20.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Aug 283.253.55$3.408.8%20.0K0.384.0K
$110.00Aug 212.442.57$2.515.2%13.7K0.5015.3K
$117.00Aug 282.782.97$2.886.6%10.2K0.33469
$123.00Aug 281.651.78$1.727.6%10.2K0.22--
$120.00Aug 210.400.44$0.429.5%9.3K0.119.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 210.150.18$0.1618.8%6.7K0.067.0K
$105.00Aug 210.720.80$0.7610.5%5.5K0.213.4K
$109.00Aug 212.082.21$2.156.0%2.6K0.4416
$110.00Aug 212.602.70$2.653.8%2.3K0.505.4K
$100.00Sep 184.554.85$4.706.4%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 35.4%, max 41.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$116.00Aug 21Oct 2111.3%78.6%41.7%2.1K925
$117.00Aug 21Oct 2113.4%80.3%41.1%1.0K1.8K
$115.00Aug 21Oct 2110.1%79.4%38.6%8.8K7.7K
$109.00Aug 21Oct 2100.3%73.2%37.1%3.4K18.7K
$104.00Aug 21Oct 299.7%72.9%36.8%64212.5K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$115.00Aug 21Oct 2110.1%79.4%38.6%1192.9K
$104.00Aug 21Sep 2599.7%72.7%37.1%7881.0K
$109.00Aug 21Oct 2100.3%73.2%37.1%2.6K19
$110.00Aug 21Oct 2101.4%74.5%36.0%2.4K5.4K
$107.00Aug 21Sep 2598.7%72.7%35.8%61477

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 258 found (best R:R 2.91, avg 2.39)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$120.00$125.00Oct 2$1.28$3.72$1.2842%2.91$121.28
$125.00$130.00Oct 2$1.05$3.95$1.0537%3.76$126.05
$105.00$110.00Sep 18$2.30$2.70$2.3062%1.17$107.30
$125.00$130.00Sep 25$1.03$3.97$1.0335%3.85$126.03
$115.00$120.00Sep 18$1.57$3.43$1.5746%2.18$116.57
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$94.00$93.00Sep 25$0.10$0.90$0.1021%9.00$93.90
$94.00$93.00Oct 2$0.17$0.83$0.1723%4.88$93.83
$115.00$114.00Aug 28$0.57$0.43$0.5762%0.75$114.43
$101.00$100.00Sep 25$0.27$0.73$0.2732%2.70$100.73
$106.00$105.00Sep 25$0.35$0.65$0.3539%1.86$105.65

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 175 found (best R:R 0.72, avg 0.48)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$114.00$115.00Sep 25$0.61$0.61$0.3951%1.56$114.61
$115.00$116.00Oct 2$0.50$0.50$0.5051%1.00$115.50
$119.00$120.00Sep 4$0.35$0.35$0.6565%0.54$119.35
$114.00$115.00Sep 11$0.43$0.43$0.5754%0.75$114.43
$111.00$112.00Sep 25$0.50$0.50$0.5047%1.00$111.50
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$105.00$100.00Sep 18$2.10$2.10$2.9062%0.72$102.90
$100.00$95.00Sep 18$1.57$1.57$3.4371%0.46$98.43
$109.00$106.00Oct 2$1.58$1.58$1.4256%1.11$107.42
$105.00$102.00Oct 2$1.40$1.40$1.6062%0.88$103.60
$95.00$90.00Sep 18$1.09$1.09$3.9179%0.28$93.91

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $2.66, cheapest $2.52)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$113.00Aug 21Aug 28$2.60106.1%82.8%
$112.00Aug 21Aug 28$2.65104.6%82.0%
$111.00Aug 21Aug 28$2.70102.9%81.7%
$109.00Aug 21Aug 28$2.74100.3%79.7%
$108.00Aug 21Aug 28$2.7599.4%79.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$113.00Aug 21Aug 28$2.52106.1%82.8%
$112.00Aug 21Aug 28$2.62104.6%82.0%
$111.00Aug 21Aug 28$2.65102.9%81.7%
$109.00Aug 21Aug 28$2.70100.3%79.7%
$108.00Aug 21Aug 28$2.6499.4%79.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 107 found (cheapest 4.70% of stock, avg 13.64%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$109.00Aug 21$3.01$2.15$5.16$103.84$114.164.70%
$110.00Aug 21$2.51$2.65$5.16$104.84$115.164.70%
$108.00Aug 21$3.50$1.69$5.19$102.81$113.194.73%
$111.00Aug 21$2.10$3.30$5.40$105.60$116.404.92%
$107.00Aug 21$4.10$1.31$5.41$101.59$112.414.93%
$112.00Aug 21$1.75$3.98$5.73$106.27$117.735.22%
$106.00Aug 21$4.78$1.00$5.78$100.22$111.785.26%
$113.00Aug 21$1.45$4.68$6.13$106.87$119.135.58%
$105.00Aug 21$5.55$0.76$6.31$98.69$111.315.75%
$114.00Aug 21$1.19$5.40$6.59$107.41$120.596.00%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 1.82% of stock, avg 11.25%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$115.00$106.00Aug 21$1.00$1.00$2.00$104.00$117.00
$114.00$106.00Aug 21$1.19$1.00$2.19$103.81$116.19
$115.00$107.00Aug 21$1.00$1.31$2.31$104.69$117.31
$114.00$107.00Aug 21$1.19$1.31$2.50$104.50$116.50
$113.00$106.00Aug 21$1.45$1.00$2.45$103.55$115.45
$113.00$107.00Aug 21$1.45$1.31$2.76$104.24$115.76
$115.00$108.00Aug 21$1.00$1.69$2.69$105.31$117.69
$112.00$106.00Aug 21$1.75$1.00$2.75$103.25$114.75
$114.00$108.00Aug 21$1.19$1.69$2.88$105.12$116.88
$113.00$108.00Aug 21$1.45$1.69$3.14$104.86$116.14

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 92 found (best R:R 2.33, avg credit $0.64)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
100/101119/120Sep 4$0.70$0.3038%2.33$100.30$119.70
95/96119/120Sep 4$0.58$0.4247%1.38$95.42$119.58
97/98119/120Sep 4$0.60$0.4044%1.50$97.40$119.60
93/94119/120Sep 4$0.53$0.4750%1.13$93.47$119.53
99/100119/120Sep 4$0.62$0.3840%1.63$99.38$119.62
92/93119/120Sep 4$0.50$0.5052%1.00$92.50$119.50
91/92119/120Sep 4$0.47$0.5353%0.89$91.53$119.47
98/99119/120Sep 4$0.58$0.4242%1.38$98.42$119.58
104/105118/119Aug 28$0.63$0.3736%1.70$104.37$118.63
96/97119/120Sep 4$0.53$0.4746%1.13$96.47$119.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 131 found (best R:R 40.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$90.00$95.00$100.00Sep 18$0.17$4.8313%28.41
$105.00$110.00$115.00Sep 18$0.30$4.7016%15.67
$120.00$125.00$130.00Aug 21$0.11$4.898%44.45
$120.00$125.00$130.00Sep 11$0.24$4.7613%19.83
$120.00$125.00$130.00Sep 18$0.23$4.7712%20.74
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$120.00$125.00$130.00Aug 28$0.12$4.8814%40.67
$115.00$120.00$125.00Sep 11$0.22$4.7815%21.73
$120.00$125.00$130.00Sep 18$0.15$4.8512%32.33
$120.00$125.00$130.00Sep 4$0.26$4.7413%18.23
$110.00$115.00$120.00Sep 18$0.32$4.6815%14.62

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 58 found (best net $--, 58 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$120.00$125.001:2Aug 21$0.00$5.00
$125.00$130.001:2Aug 21-$0.01$4.99
$118.00$119.001:2Aug 21-$0.38$0.62
$119.00$120.001:2Aug 21-$0.37$0.63
$117.00$118.001:2Aug 21-$0.44$0.56
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$101.00$100.001:2Aug 21-$0.09$0.91
$96.00$95.001:2Aug 21-$0.06$0.94
$94.00$93.001:2Aug 21-$0.06$0.94
$97.00$96.501:2Aug 21-$0.06$0.44
$100.00$99.001:2Aug 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. 91 found (best yield 5.74%, avg 4.12%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$125.00Oct 2$6.300.3713.8%5.74%19.56%219182
$117.00Oct 2$8.550.466.5%7.79%14.32%2--
$120.00Oct 2$7.550.429.3%6.87%16.14%5575
$116.00Oct 2$8.900.475.6%8.10%13.73%9--
$115.00Oct 2$9.250.494.7%8.42%13.14%1474
$130.00Oct 2$5.200.3218.4%4.74%23.11%101343
$113.00Oct 2$9.950.512.9%9.06%11.96%14--
$112.00Oct 2$10.300.532.0%9.38%11.36%22--
$111.00Oct 2$10.700.541.1%9.74%10.82%413
$110.00Oct 2$11.150.550.2%10.15%10.32%43337

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 204,259
Total Puts 73,330
Put/Call Ratio 0.36
Net Difference 130,929

Prior's Put/Call Breakdown

Total Calls 249,629
Total Puts 49,214
Put/Call Ratio 0.20
Net Difference 200,415

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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