MSTR - Options Database

MSTR

STRATEGY INC A

$167.38 +4.29%

(10/2 09:45) ◀

Friday, October 2, 2026 (9:50am)

▶

◀ 10/2 09:50

Option Volume

Detail

ℹ

Current (10/02 9:50am) 183,872

Calls: 142,310 (77%)

Puts: 41,562 (23%)

Prior (09/18) 203,181

Calls: 157,927 (78%)

Puts: 45,254 (22%)

Current vs Prior -9.50%

Calls: -9.89% (Calls)

Puts: -8.16% (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 -55.60%

Calls: -48.24%

Puts: -70.14%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/02 9:50am) $68.54M

Calls: $61.49M (90%)

Puts: $7.05M (10%)

Prior (09/18) $103.88M

Calls: $87.73M (84%)

Puts: $16.15M (16%)

Current vs Prior -34.01%

Calls: -29.91%

Puts: -56.33%

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 -60.33%

Calls: -36.32%

Puts: -90.75%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/02 9:50am) 0.29

Prior (09/18) 0.29

Current vs Prior +1.92%

Prior 7-Day Average 0.52

Current vs Prior 7-Day Avg -43.88%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/02 9:50am) 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 3.22% | 8.13%11.10% | 21.78%

Prior 2.80% | 8.20%2.80% | 17.09%

Current vs Prior +14.96% | -0.97%+296.28% | +27.44%

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

Current vs 7-Day Avg -16.76% | -7.02%+62.02% | +20.96%

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

Current vs 7-Day Eod +14.96% | -0.97%-0.91% | -0.76%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 5.69% | 3.64%

Calls: 7.40% | 4.03%

Puts: 3.98% | 3.25%

Prior 3.07% | 3.75%

Calls: 2.26% | 3.48%

Puts: 3.88% | 4.01%

Current vs Prior +85.34% | -2.93%

Prior 7-Day Avg 7.33% | 4.73%

Calls: 6.95% | 4.15%

Puts: 7.72% | 5.31%

Current vs 7-Day Avg -22.42% | -23.07%

Liquidity Acceptable

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🤖 AI Insights

Strong bullish conviction with 90% of dollar volume in calls ($61.49M) vs puts ($7.05M). Extreme bullish P/C ratio of 0.29 - heavy call buying (142,310 calls vs 41,562 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
09:50	BULLISH	BULLISH	BULLISH
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 161 of results (avg 5.5%, best 1.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Oct 23	14.45	14.80	$14.63	2.4%	35	0.64	1.2K
$157.50	Oct 30	17.75	18.20	$17.98	2.5%	14	0.66	83
$162.50	Oct 23	13.05	13.40	$13.23	2.6%	127	0.60	1.5K
$160.00	Oct 30	16.35	16.80	$16.58	2.7%	104	0.63	750
$157.50	Oct 23	15.90	16.35	$16.13	2.8%	2	0.68	271

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$182.50	Oct 23	20.05	20.40	$20.23	1.7%	--	0.67	11
$185.00	Oct 30	23.60	24.10	$23.85	2.1%	--	0.66	73
$185.00	Oct 23	21.95	22.45	$22.20	2.3%	--	0.70	38
$182.50	Oct 30	21.75	22.25	$22.00	2.3%	10	0.64	30
$177.50	Oct 16	14.80	15.15	$14.98	2.3%	4	0.64	31

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 22 found (avg $0.65, cheapest $0.38)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Oct 2	0.18	0.21	$0.20	15.0%	4.5K	0.08	16.5K
$172.50	Oct 2	0.40	0.46	$0.43	14.0%	3.2K	0.16	19.7K
$170.00	Oct 2	0.89	0.92	$0.91	3.3%	11.1K	0.30	30.5K
$197.50	Oct 9	0.57	0.69	$0.63	19.0%	34	0.08	101
$200.00	Oct 9	0.48	0.56	$0.52	15.4%	940	0.07	4.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$162.50	Oct 2	0.35	0.41	$0.38	15.8%	911	0.16	2.0K
$165.00	Oct 2	0.91	1.01	$0.96	10.4%	4.5K	0.31	1.5K
$145.00	Oct 9	0.34	0.41	$0.38	18.4%	55	0.06	1.5K
$146.00	Oct 9	0.39	0.47	$0.43	18.6%	15	0.06	407
$147.00	Oct 9	0.46	0.53	$0.50	14.0%	34	0.07	527

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 184 found (avg delta 0.78, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$134.00	Oct 2	32.20	36.25	$34.23	11.8%	1	1.00	184
$135.00	Oct 2	31.55	35.40	$33.48	11.5%	1	1.00	681
$137.00	Oct 2	29.15	33.60	$31.38	14.2%	--	1.00	206
$139.00	Oct 2	26.95	31.15	$29.05	14.5%	--	0.99	282
$140.00	Oct 2	26.25	30.10	$28.18	13.7%	31	0.99	733

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Oct 2	10.30	14.20	$12.25	31.8%	2	1.00	43
$195.00	Oct 2	24.55	29.15	$26.85	17.1%	1	1.00	4
$177.50	Oct 2	7.85	11.50	$9.68	37.7%	--	0.95	40
$175.00	Oct 2	6.10	8.60	$7.35	34.0%	40	0.92	867
$200.00	Oct 9	30.75	33.80	$32.28	9.4%	--	0.92	16

Most actively traded options today. High liquidity = easy entry/exit. 318 active (total vol 164.4K, top 20.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$167.50	Oct 2	1.80	1.91	$1.86	5.9%	20.1K	0.49	23.6K
$162.50	Oct 2	5.10	5.45	$5.28	6.6%	18.2K	0.84	30.9K
$175.00	Oct 9	3.40	3.60	$3.50	5.7%	13.0K	0.34	2.0K
$170.00	Oct 2	0.89	0.92	$0.91	3.3%	11.1K	0.30	30.5K
$182.50	Oct 9	1.86	2.00	$1.93	7.3%	8.3K	0.21	2.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$165.00	Oct 2	0.91	1.01	$0.96	10.4%	4.5K	0.31	1.5K
$160.00	Oct 2	0.12	0.19	$0.16	43.8%	2.5K	0.07	5.4K
$167.50	Oct 2	1.97	2.05	$2.01	4.0%	2.4K	0.51	351
$150.00	Oct 2	0.01	0.02	$0.02	50.0%	2.2K	0.01	9.8K
$155.00	Oct 2	0.02	0.05	$0.04	75.0%	2.1K	0.02	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. 11 strikes (avg 53.3%, max 61.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$172.50	Oct 2	Nov 13	111.0%	68.8%	61.4%	3.2K	19.7K
$165.00	Oct 2	Nov 13	107.2%	66.5%	61.2%	5.6K	29.8K
$167.50	Oct 2	Nov 13	109.2%	67.8%	61.0%	20.1K	23.6K
$170.00	Oct 2	Nov 13	108.2%	70.5%	53.5%	11.1K	30.5K
$162.50	Oct 2	Nov 6	108.9%	71.4%	52.5%	18.2K	31.0K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$165.00	Oct 2	Nov 13	107.2%	66.5%	61.2%	4.6K	1.6K
$167.50	Oct 2	Nov 13	109.2%	67.8%	61.0%	2.4K	363
$172.50	Oct 2	Nov 6	111.0%	70.3%	57.9%	88	158
$162.50	Oct 2	Nov 13	108.9%	69.1%	57.6%	911	2.0K
$170.00	Oct 2	Nov 6	108.2%	69.1%	56.8%	1.1K	415

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 211 found (best R:R 4.21, avg 3.08)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$162.50	$165.00	Nov 6	$0.48	$2.02	$0.48	62%	4.21	$162.98
$155.00	$160.00	Nov 13	$2.25	$2.75	$2.25	68%	1.22	$157.25
$190.00	$195.00	Nov 6	$0.72	$4.28	$0.72	34%	5.94	$190.72
$165.00	$167.50	Nov 13	$0.65	$1.85	$0.65	58%	2.85	$165.65
$150.00	$152.50	Oct 30	$1.11	$1.39	$1.11	75%	1.25	$151.11

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$165.00	$162.50	Nov 6	$0.50	$2.00	$0.50	42%	4.00	$164.50
$165.00	$162.50	Nov 13	$0.68	$1.82	$0.68	43%	2.68	$164.32
$157.50	$155.00	Nov 13	$0.60	$1.90	$0.60	35%	3.17	$156.90
$182.50	$180.00	Oct 16	$1.58	$0.92	$1.58	72%	0.58	$180.92
$143.00	$142.00	Nov 13	$0.15	$0.85	$0.15	23%	5.67	$142.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 151 found (best R:R 0.69, avg 0.51)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$170.00	$172.50	Nov 13	$2.08	$2.08	$0.42	47%	4.95	$172.08
$182.50	$185.00	Nov 6	$1.70	$1.70	$0.80	58%	2.13	$184.20
$167.50	$170.00	Nov 6	$2.07	$2.07	$0.43	44%	4.81	$169.57
$175.00	$177.50	Nov 6	$1.48	$1.48	$1.02	51%	1.45	$176.48
$175.00	$177.50	Nov 13	$1.32	$1.32	$1.18	52%	1.12	$176.32

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$155.00	$145.00	Nov 13	$4.10	$4.10	$5.90	68%	0.69	$150.90
$160.00	$157.50	Nov 13	$1.83	$1.83	$0.67	62%	2.73	$158.17
$155.00	$152.50	Nov 6	$1.40	$1.40	$1.10	69%	1.27	$153.60
$162.50	$160.00	Nov 6	$1.41	$1.41	$1.09	61%	1.29	$161.09
$141.00	$140.00	Oct 23	$0.58	$0.58	$0.42	86%	1.38	$140.42

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $4.13, cheapest $4.14)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$167.50	Oct 2	Oct 9	$4.37	109.2%	64.9%
$165.00	Oct 2	Oct 9	$4.07	107.2%	65.1%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$167.50	Oct 2	Oct 9	$4.14	109.2%	64.9%
$165.00	Oct 2	Oct 9	$3.94	107.2%	65.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 77 found (cheapest 2.31% of stock, avg 12.35%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$167.50	Oct 2	$1.86	$2.01	$3.87	$163.63	$171.37	2.31%
$165.00	Oct 2	$3.38	$0.96	$4.34	$160.66	$169.34	2.59%
$170.00	Oct 2	$0.91	$3.53	$4.44	$165.56	$174.44	2.65%
$162.50	Oct 2	$5.28	$0.38	$5.66	$156.84	$168.16	3.38%
$172.50	Oct 2	$0.43	$5.53	$5.96	$166.54	$178.46	3.56%
$175.00	Oct 2	$0.20	$7.35	$7.55	$167.45	$182.55	4.51%
$160.00	Oct 2	$7.53	$0.16	$7.69	$152.31	$167.69	4.59%
$177.50	Oct 2	$0.09	$9.68	$9.77	$167.73	$187.27	5.84%
$157.50	Oct 2	$10.65	$0.07	$10.72	$146.78	$168.22	6.40%
$180.00	Oct 2	$0.05	$12.25	$12.30	$167.70	$192.30	7.35%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 162 found (cheapest 0.22% of stock, avg 9.53%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$175.00	$160.00	Oct 2	$0.20	$0.16	$0.36	$159.64	$175.36
$175.00	$162.50	Oct 2	$0.20	$0.38	$0.58	$161.92	$175.58
$172.50	$160.00	Oct 2	$0.43	$0.16	$0.59	$159.41	$173.09
$172.50	$162.50	Oct 2	$0.43	$0.38	$0.81	$161.69	$173.31
$170.00	$160.00	Oct 2	$0.91	$0.16	$1.07	$158.93	$171.07
$170.00	$162.50	Oct 2	$0.91	$0.38	$1.29	$161.21	$171.29
$175.00	$165.00	Oct 2	$0.20	$0.96	$1.16	$163.84	$176.16
$172.50	$165.00	Oct 2	$0.43	$0.96	$1.39	$163.61	$173.89
$170.00	$165.00	Oct 2	$0.91	$0.96	$1.87	$163.13	$171.87
$167.50	$162.50	Oct 2	$1.86	$0.38	$2.24	$160.26	$169.74

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 197 found (best R:R 0.13, avg credit $0.96)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
135/136	175/178	Oct 2	$0.29	$2.21	90%	0.13	$135.71	$175.29
140/141	182/185	Oct 23	$1.18	$1.32	54%	0.89	$139.82	$183.68
138/139	182/185	Oct 23	$1.14	$1.36	55%	0.84	$137.86	$183.64
140/141	188/190	Oct 23	$1.03	$1.47	59%	0.70	$139.97	$188.53
138/139	188/190	Oct 23	$0.99	$1.51	60%	0.66	$138.01	$188.49
140/141	185/188	Oct 23	$1.08	$1.42	56%	0.76	$139.92	$186.08
138/139	185/188	Oct 23	$1.04	$1.46	58%	0.71	$137.96	$186.04
135/136	172/175	Oct 2	$0.41	$2.09	82%	0.20	$135.59	$172.91
136/137	182/185	Oct 23	$1.03	$1.47	57%	0.70	$135.97	$183.53
137/138	190/192	Oct 9	$0.34	$2.16	84%	0.16	$137.66	$190.34

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 161 found (best R:R 82.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$162.50	$165.00	$167.50	Oct 2	$0.38	$2.12	35%	5.58
$170.00	$172.50	$175.00	Oct 2	$0.25	$2.25	22%	9.00
$172.50	$175.00	$177.50	Oct 2	$0.12	$2.38	12%	19.83
$167.50	$170.00	$172.50	Oct 9	$0.12	$2.38	12%	19.83
$180.00	$182.50	$185.00	Oct 9	$0.05	$2.45	7%	49.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$185.00	$190.00	$195.00	Oct 16	$0.06	$4.94	10%	82.33
$165.00	$167.50	$170.00	Oct 2	$0.47	$2.03	39%	4.32
$162.50	$165.00	$167.50	Oct 2	$0.47	$2.03	35%	4.32
$172.50	$175.00	$177.50	Oct 16	$0.06	$2.44	8%	40.67
$167.50	$170.00	$172.50	Oct 9	$0.12	$2.38	12%	19.83

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 87 found (best net $-0.95, 76 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$165.00	$167.50	1:2	Oct 2	-$0.34	$2.16
$162.50	$165.00	1:2	Oct 2	-$1.48	$1.02
$177.50	$180.00	1:2	Oct 2	-$0.01	$2.49
$197.50	$200.00	1:2	Oct 2	$0.00	$2.50
$180.00	$182.50	1:2	Oct 2	-$0.03	$2.47

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$155.00	$145.00	1:2	Nov 13	-$0.95	$9.05
$170.00	$167.50	1:2	Oct 2	-$0.49	$2.01
$172.50	$170.00	1:2	Oct 2	-$1.53	$0.97
$157.50	$155.00	1:2	Oct 2	-$0.01	$2.49
$155.00	$152.50	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. 76 found (best yield 5.32%, avg 3.65%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$185.00	Nov 13	$8.90	0.40	10.5%	5.32%	15.84%	10	7
$180.00	Nov 13	$9.90	0.44	7.5%	5.91%	13.45%	158	2
$190.00	Nov 13	$7.45	0.35	13.5%	4.45%	17.97%	1	48
$175.00	Nov 13	$11.70	0.48	4.5%	6.99%	11.54%	6	4
$182.50	Nov 6	$8.60	0.42	9.0%	5.14%	14.17%	7	53
$177.50	Nov 13	$10.30	0.46	6.0%	6.15%	12.20%	5	18
$200.00	Nov 13	$5.70	0.28	19.5%	3.41%	22.89%	12	--
$195.00	Nov 13	$6.25	0.31	16.5%	3.73%	20.24%	150	--
$185.00	Nov 6	$8.00	0.38	10.5%	4.78%	15.31%	298	434
$180.00	Nov 6	$9.25	0.43	7.5%	5.53%	13.07%	7	217

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 142,310

Total Puts 41,562

Put/Call Ratio 0.29

Net Difference 100,748

Prior's Put/Call Breakdown

Total Calls 157,927

Total Puts 45,254

Put/Call Ratio 0.29

Net Difference 112,673

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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