MSTR - Options Database

MSTR

STRATEGY INC A

$168.89 +5.22%

(10/2 09:40) ◀

Friday, October 2, 2026 (9:45am)

▶ (10/2 09:50)

◀ 10/2 09:45 ▶

Option Volume

Detail

ℹ

Current (10/02 9:45am) 156,667

Calls: 123,319 (79%)

Puts: 33,348 (21%)

Prior (09/18) 168,125

Calls: 136,017 (81%)

Puts: 32,108 (19%)

Current vs Prior -6.82%

Calls: -9.34% (Calls)

Puts: +3.86% (Puts)

Prior 7-Day Total 2,898,756

Calls: 1,924,418 (66%)

Puts: 974,338 (34%)

Prior 7-Day Average 414,108

Calls: 274,916 (66%)

Puts: 139,191 (34%)

Current vs Prior 7-Day Avg -62.17%

Calls: -55.14%

Puts: -76.04%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/02 9:45am) $66.59M

Calls: $62.35M (94%)

Puts: $4.25M (6%)

Prior (09/18) $81.29M

Calls: $66.35M (82%)

Puts: $14.94M (18%)

Current vs Prior -18.07%

Calls: -6.03%

Puts: -71.58%

Prior 7-Day Total $1.21B

Calls: $676.00M (56%)

Puts: $533.37M (44%)

Prior 7-Day Average $172.77M

Calls: $96.57M (56%)

Puts: $76.20M (44%)

Current vs Prior 7-Day Avg -61.45%

Calls: -35.44%

Puts: -94.43%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/02 9:45am) 0.27

Prior (09/18) 0.24

Current vs Prior +14.56%

Prior 7-Day Average 0.52

Current vs Prior 7-Day Avg -48.05%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/02 9:45am) 2,700,104

Calls: 1,510,077 (56%)

Puts: 1,190,027 (44%)

Prior (09/18) 2,892,043

Calls: 1,656,232 (57%)

Puts: 1,235,811 (43%)

Current vs Prior -6.64%

Prior 7-Day Total 20,255,974

Calls: 11,367,255 (56%)

Puts: 8,888,719 (44%)

Prior 7-Day Average 2,893,710

Calls: 1,623,893 (56%)

Puts: 1,269,817 (44%)

Current vs Prior 7-Day Avg -6.69%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (10/02) | Next (10/09)Expiry (10/16) | Next (11/20)

Current 3.16% | 8.16%11.10% | 21.69%

Prior 2.80% | 8.20%2.80% | 17.09%

Current vs Prior +12.87% | -0.56%+296.33% | +26.92%

Prior 7-Day Avg 3.87% | 8.74%6.85% | 18.00%

Current vs 7-Day Avg -18.27% | -6.63%+62.04% | +20.47%

Prior 7-Day Eod 2.80% | 8.20%11.20% | 21.94%

Current vs 7-Day Eod +12.87% | -0.56%-0.90% | -1.16%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 5.79% | 2.54%

Calls: 6.20% | 2.86%

Puts: 5.38% | 2.21%

Prior 3.07% | 3.75%

Calls: 2.26% | 3.48%

Puts: 3.88% | 4.01%

Current vs Prior +88.60% | -32.27%

Prior 7-Day Avg 7.33% | 4.73%

Calls: 6.95% | 4.15%

Puts: 7.72% | 5.31%

Current vs 7-Day Avg -21.06% | -46.32%

Liquidity Good

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🤖 AI Insights

Strong bullish conviction with 94% of dollar volume in calls ($62.35M) vs puts ($4.25M). Extreme bullish P/C ratio of 0.27 - heavy call buying (123,319 calls vs 33,348 puts).

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 BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
09:45	BULLISH	BULLISH	BULLISH
09:40	BULLISH	BULLISH	BULLISH
09:35	BULLISH	BULLISH	BULLISH

📈 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

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 214 of results (avg 5.2%, best 1.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Oct 30	17.30	17.65	$17.48	2.0%	99	0.65	750
$162.50	Oct 9	9.70	9.90	$9.80	2.0%	400	0.69	739
$167.50	Oct 16	9.45	9.65	$9.55	2.1%	114	0.55	746
$157.50	Oct 30	18.75	19.15	$18.95	2.1%	14	0.68	83
$162.50	Oct 30	15.95	16.30	$16.13	2.2%	5	0.62	165

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$182.50	Oct 16	17.55	17.75	$17.65	1.1%	2	0.69	24
$175.00	Oct 16	12.20	12.35	$12.27	1.2%	14	0.58	1.0K
$180.00	Oct 16	15.65	15.85	$15.75	1.3%	12	0.65	1.1K
$185.00	Oct 30	22.65	23.05	$22.85	1.8%	--	0.64	73
$177.50	Oct 16	13.85	14.10	$13.98	1.8%	4	0.62	31

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 21 found (avg $0.60, cheapest $0.11)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Oct 2	0.10	0.12	$0.11	18.2%	2.2K	0.04	9.4K
$175.00	Oct 2	0.36	0.41	$0.39	12.8%	3.8K	0.14	16.5K
$172.50	Oct 2	0.73	0.80	$0.77	9.1%	2.5K	0.26	19.7K
$202.50	Oct 9	0.50	0.56	$0.53	11.3%	17	0.07	16
$200.00	Oct 9	0.60	0.65	$0.63	7.9%	744	0.08	4.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$165.00	Oct 2	0.56	0.66	$0.61	16.4%	2.8K	0.21	1.5K
$146.00	Oct 9	0.33	0.37	$0.35	11.4%	13	0.05	407
$145.00	Oct 9	0.30	0.33	$0.32	9.4%	45	0.05	1.5K
$147.00	Oct 9	0.38	0.43	$0.41	12.2%	34	0.06	527
$148.00	Oct 9	0.44	0.49	$0.47	10.6%	13	0.07	865

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 172 found (avg delta 0.78, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$137.00	Oct 2	30.30	33.60	$31.95	10.3%	--	1.00	206
$140.00	Oct 2	27.85	30.10	$28.98	7.8%	30	1.00	733
$141.00	Oct 2	26.35	29.60	$27.98	11.6%	1	1.00	321
$145.00	Oct 2	22.80	24.60	$23.70	7.6%	5	1.00	2.6K
$138.00	Oct 2	29.40	32.50	$30.95	10.0%	--	0.99	339

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Oct 2	24.55	27.50	$26.03	11.3%	1	1.00	4
$180.00	Oct 2	10.20	12.45	$11.33	19.9%	2	0.95	43
$177.50	Oct 2	7.60	10.00	$8.80	27.3%	--	0.92	40
$200.00	Oct 9	31.10	32.75	$31.93	5.2%	--	0.91	16
$195.00	Oct 9	25.65	29.15	$27.40	12.8%	--	0.89	35

Most actively traded options today. High liquidity = easy entry/exit. 289 active (total vol 138.4K, top 17.8K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$167.50	Oct 2	2.65	2.82	$2.74	6.2%	17.8K	0.62	23.6K
$162.50	Oct 2	6.35	6.90	$6.63	8.3%	16.1K	0.90	30.9K
$175.00	Oct 9	3.95	4.10	$4.03	3.7%	10.8K	0.38	2.0K
$170.00	Oct 2	1.48	1.55	$1.52	4.6%	9.0K	0.42	30.5K
$182.50	Oct 9	2.25	2.32	$2.29	3.1%	6.9K	0.24	2.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$165.00	Oct 2	0.56	0.66	$0.61	16.4%	2.8K	0.21	1.5K
$160.00	Oct 2	0.06	0.11	$0.09	55.6%	2.3K	0.04	5.4K
$150.00	Oct 2	0.02	0.03	$0.03	33.3%	2.1K	0.01	9.8K
$152.50	Oct 2	0.01	0.03	$0.02	100.0%	1.9K	0.01	3.0K
$155.00	Oct 2	0.02	0.04	$0.03	66.7%	1.8K	0.01	7.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 9 strikes (avg 54.0%, max 66.2%)

CALLS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$165.00	Oct 2	Nov 13	109.8%	66.0%	66.2%	5.3K	29.8K
$167.50	Oct 2	Nov 13	109.9%	67.4%	63.2%	17.9K	23.6K
$170.00	Oct 2	Nov 13	110.8%	70.9%	56.3%	9.0K	30.5K
$172.50	Oct 2	Nov 13	113.9%	75.4%	51.0%	2.5K	19.7K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$165.00	Oct 2	Nov 13	109.8%	66.0%	66.2%	2.8K	1.6K
$172.50	Oct 2	Oct 30	113.9%	69.5%	63.9%	69	170
$167.50	Oct 2	Nov 13	109.9%	67.4%	63.2%	1.2K	363
$170.00	Oct 2	Nov 6	110.8%	72.0%	53.9%	770	415
$190.00	Oct 16	Oct 23	71.8%	70.6%	1.7%	6	418

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 209 found (best R:R 3.72, avg 2.97)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$157.50	$160.00	Nov 6	$0.53	$1.97	$0.53	67%	3.72	$158.03
$150.00	$152.50	Nov 13	$0.85	$1.65	$0.85	74%	1.94	$150.85
$195.00	$200.00	Nov 13	$0.60	$4.40	$0.60	31%	7.33	$195.60
$180.00	$185.00	Nov 13	$1.18	$3.82	$1.18	43%	3.24	$181.18
$142.00	$143.00	Oct 9	$0.20	$0.80	$0.20	97%	4.00	$142.20

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$160.00	$157.50	Nov 6	$0.35	$2.15	$0.35	36%	6.14	$159.65
$165.00	$162.50	Nov 6	$0.53	$1.97	$0.53	41%	3.72	$164.47
$165.00	$162.50	Nov 13	$0.68	$1.82	$0.68	42%	2.68	$164.32
$170.00	$167.50	Nov 6	$1.03	$1.47	$1.03	47%	1.43	$168.97
$143.00	$142.00	Nov 13	$0.17	$0.83	$0.17	23%	4.88	$142.83

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 147 found (best R:R 2.85, avg 0.49)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$175.00	$177.50	Nov 13	$1.50	$1.50	$1.00	52%	1.50	$176.50
$190.00	$195.00	Nov 13	$1.78	$1.78	$3.22	65%	0.55	$191.78
$185.00	$187.50	Nov 6	$1.04	$1.04	$1.46	61%	0.71	$186.04
$172.50	$175.00	Nov 13	$1.32	$1.32	$1.18	50%	1.12	$173.82
$182.50	$185.00	Nov 6	$1.06	$1.06	$1.44	59%	0.74	$183.56

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$162.50	$160.00	Nov 6	$1.85	$1.85	$0.65	61%	2.85	$160.65
$160.00	$157.50	Nov 13	$1.73	$1.73	$0.77	63%	2.25	$158.27
$155.00	$145.00	Nov 13	$3.31	$3.31	$6.69	68%	0.49	$151.69
$167.50	$165.00	Nov 6	$1.77	$1.77	$0.73	56%	2.42	$165.73
$155.00	$152.50	Nov 6	$1.40	$1.40	$1.10	69%	1.27	$153.60

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $3.72, cheapest $4.03)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$167.50	Oct 2	Oct 9	$4.26	109.9%	64.5%
$170.00	Oct 2	Oct 9	$4.31	110.8%	66.9%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$167.50	Oct 2	Oct 9	$4.03	109.9%	64.5%
$170.00	Oct 2	Oct 9	$4.18	110.8%	66.9%
$182.50	Oct 16	Oct 23	$1.80	69.6%	69.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 81 found (cheapest 2.43% of stock, avg 12.49%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$167.50	Oct 2	$2.74	$1.37	$4.11	$163.39	$171.61	2.43%
$170.00	Oct 2	$1.52	$2.60	$4.12	$165.88	$174.12	2.44%
$172.50	Oct 2	$0.77	$4.33	$5.10	$167.40	$177.60	3.02%
$165.00	Oct 2	$4.50	$0.61	$5.11	$159.89	$170.11	3.03%
$175.00	Oct 2	$0.39	$6.43	$6.82	$168.18	$181.82	4.04%
$162.50	Oct 2	$6.63	$0.23	$6.86	$155.64	$169.36	4.06%
$177.50	Oct 2	$0.20	$8.80	$9.00	$168.50	$186.50	5.33%
$160.00	Oct 2	$9.00	$0.09	$9.09	$150.91	$169.09	5.38%
$180.00	Oct 2	$0.11	$11.33	$11.44	$168.56	$191.44	6.77%
$157.50	Oct 2	$11.43	$0.04	$11.47	$146.03	$168.97	6.79%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 162 found (cheapest 0.25% of stock, avg 9.56%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$177.50	$162.50	Oct 2	$0.20	$0.23	$0.43	$162.07	$177.93
$175.00	$162.50	Oct 2	$0.39	$0.23	$0.62	$161.88	$175.62
$177.50	$165.00	Oct 2	$0.20	$0.61	$0.81	$164.19	$178.31
$175.00	$165.00	Oct 2	$0.39	$0.61	$1.00	$164.00	$176.00
$172.50	$162.50	Oct 2	$0.77	$0.23	$1.00	$161.50	$173.50
$172.50	$165.00	Oct 2	$0.77	$0.61	$1.38	$163.62	$173.88
$177.50	$167.50	Oct 2	$0.20	$1.37	$1.57	$165.93	$179.07
$175.00	$167.50	Oct 2	$0.39	$1.37	$1.76	$165.74	$176.76
$172.50	$167.50	Oct 2	$0.77	$1.37	$2.14	$165.36	$174.64
$170.00	$162.50	Oct 2	$1.52	$0.23	$1.75	$160.75	$171.75

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 202 found (best R:R 0.85, avg credit $0.93)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
140/141	188/190	Oct 23	$1.15	$1.35	58%	0.85	$139.85	$188.65
140/141	185/188	Oct 23	$1.20	$1.30	55%	0.92	$139.80	$186.20
138/139	188/190	Oct 23	$1.09	$1.41	59%	0.77	$137.91	$188.59
136/137	188/190	Oct 23	$1.05	$1.45	60%	0.72	$135.95	$188.55
138/139	185/188	Oct 23	$1.14	$1.36	56%	0.84	$137.86	$186.14
136/137	185/188	Oct 23	$1.10	$1.40	58%	0.79	$135.90	$186.10
141/142	175/178	Oct 2	$0.43	$2.07	82%	0.21	$141.57	$175.43
137/138	192/195	Oct 9	$0.35	$2.15	84%	0.16	$137.65	$192.85
137/138	190/192	Oct 9	$0.39	$2.11	82%	0.18	$137.61	$190.39
137/138	188/190	Oct 9	$0.43	$2.07	79%	0.21	$137.57	$187.93

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 171 found (best R:R 49.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$155.00	$160.00	$165.00	Nov 13	$0.10	$4.90	11%	49.00
$190.00	$195.00	$200.00	Oct 23	$0.11	$4.89	8%	44.45
$167.50	$170.00	$172.50	Oct 2	$0.47	$2.03	36%	4.32
$157.50	$160.00	$162.50	Oct 9	$0.08	$2.42	11%	30.25
$165.00	$167.50	$170.00	Oct 16	$0.06	$2.44	9%	40.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$165.00	$167.50	$170.00	Oct 2	$0.47	$2.03	37%	4.32
$170.00	$172.50	$175.00	Oct 9	$0.09	$2.41	12%	26.78
$167.50	$170.00	$172.50	Oct 2	$0.50	$2.00	36%	4.00
$170.00	$172.50	$175.00	Oct 2	$0.37	$2.13	28%	5.76
$175.00	$177.50	$180.00	Oct 16	$0.06	$2.44	8%	40.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 86 found (best net $-0.14, 79 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$167.50	$170.00	1:2	Oct 2	-$0.30	$2.20
$165.00	$167.50	1:2	Oct 2	-$0.98	$1.52
$170.00	$172.50	1:2	Oct 2	-$0.02	$2.48
$172.50	$175.00	1:2	Oct 2	-$0.01	$2.49
$175.00	$177.50	1:2	Oct 2	-$0.01	$2.49

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$170.00	$167.50	1:2	Oct 2	-$0.14	$2.36
$172.50	$170.00	1:2	Oct 2	-$0.87	$1.63
$155.00	$145.00	1:2	Nov 13	-$2.06	$7.94
$155.00	$152.50	1:2	Oct 2	-$0.01	$2.49
$157.50	$155.00	1:2	Oct 2	-$0.02	$2.48

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 71 found (best yield 5.60%, avg 3.59%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$185.00	Nov 13	$9.45	0.40	9.5%	5.60%	15.13%	10	7
$190.00	Nov 13	$8.50	0.35	12.5%	5.03%	17.53%	1	48
$172.50	Nov 13	$13.70	0.51	2.1%	8.11%	10.25%	1	--
$200.00	Nov 13	$6.35	0.29	18.4%	3.76%	22.18%	12	--
$175.00	Nov 13	$12.15	0.48	3.6%	7.19%	10.81%	6	4
$185.00	Nov 6	$8.70	0.39	9.5%	5.15%	14.69%	291	434
$180.00	Nov 13	$9.90	0.43	6.6%	5.86%	12.44%	158	2
$180.00	Nov 6	$9.70	0.44	6.6%	5.74%	12.32%	7	217
$182.50	Nov 6	$9.00	0.41	8.1%	5.33%	13.39%	7	53
$190.00	Nov 6	$7.25	0.34	12.5%	4.29%	16.79%	2	216

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 123,319

Total Puts 33,348

Put/Call Ratio 0.27

Net Difference 89,971

Prior's Put/Call Breakdown

Total Calls 136,017

Total Puts 32,108

Put/Call Ratio 0.24

Net Difference 103,909

Prior 7-Day Put/Call Summary

Total Calls 1,924,418

Total Puts 974,338

Average Put/Call Ratio 0.52

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

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Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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