MSTR - Options Database

MSTR

STRATEGY INC A

$166.47 +3.72%

(10/2 09:50) ◀

Friday, October 2, 2026 (9:55am)

▶ (10/2 10:00)

◀ 10/2 09:55 ▶

Option Volume

Detail

ℹ

Current (10/02 9:55am) 206,029

Calls: 159,513 (77%)

Puts: 46,516 (23%)

Prior (09/18) 259,080

Calls: 193,092 (75%)

Puts: 65,988 (25%)

Current vs Prior -20.48%

Calls: -17.39% (Calls)

Puts: -29.51% (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 -50.25%

Calls: -41.98%

Puts: -66.58%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/02 9:55am) $70.43M

Calls: $61.28M (87%)

Puts: $9.15M (13%)

Prior (09/18) $133.77M

Calls: $116.76M (87%)

Puts: $17.01M (13%)

Current vs Prior -47.35%

Calls: -47.51%

Puts: -46.22%

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 -59.23%

Calls: -36.54%

Puts: -87.99%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/02 9:55am) 0.29

Prior (09/18) 0.34

Current vs Prior -14.67%

Prior 7-Day Average 0.52

Current vs Prior 7-Day Avg -43.97%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/02 9:55am) 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 3.11% | 8.03%10.88% | 21.72%

Prior 2.80% | 8.20%2.80% | 17.09%

Current vs Prior +11.08% | -2.19%+288.58% | +27.08%

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

Current vs 7-Day Avg -19.57% | -8.16%+58.87% | +20.62%

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

Current vs 7-Day Eod +11.08% | -2.19%-2.84% | -1.04%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 9.41% | 3.75%

Calls: 10.33% | 3.69%

Puts: 8.50% | 3.80%

Prior 3.07% | 3.75%

Calls: 2.26% | 3.48%

Puts: 3.88% | 4.01%

Current vs Prior +206.51% | +0.00%

Prior 7-Day Avg 7.33% | 4.73%

Calls: 6.95% | 4.15%

Puts: 7.72% | 5.31%

Current vs 7-Day Avg +28.30% | -20.74%

Liquidity Acceptable

Add Card

🤖 AI Insights

Strong bullish conviction with 87% of dollar volume in calls ($61.28M) vs puts ($9.15M). Extreme bullish P/C ratio of 0.29 - heavy call buying (159,513 calls vs 46,516 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
09:55	BULLISH	BULLISH	BULLISH
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 191 of results (avg 5.5%, best 2.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$155.00	Oct 30	18.45	18.85	$18.65	2.1%	213	0.68	315
$157.50	Oct 30	16.90	17.30	$17.10	2.3%	14	0.65	83
$162.50	Oct 23	12.30	12.60	$12.45	2.4%	127	0.59	1.5K
$167.50	Oct 30	11.90	12.20	$12.05	2.5%	14	0.52	48
$160.00	Oct 30	15.55	15.95	$15.75	2.5%	150	0.62	750

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$172.50	Oct 9	9.65	9.85	$9.75	2.1%	62	0.63	307
$180.00	Oct 23	18.80	19.20	$19.00	2.1%	18	0.66	62
$182.50	Oct 23	20.70	21.15	$20.92	2.2%	--	0.68	11
$172.50	Oct 23	13.65	13.95	$13.80	2.2%	23	0.56	57
$180.00	Oct 30	20.40	20.85	$20.63	2.2%	1	0.62	45

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 25 found (avg $0.56, cheapest $0.12)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Oct 2	0.11	0.13	$0.12	16.7%	5.5K	0.06	16.5K
$172.50	Oct 2	0.26	0.28	$0.27	7.4%	3.7K	0.12	19.7K
$170.00	Oct 2	0.62	0.65	$0.64	4.7%	13.2K	0.23	30.5K
$197.50	Oct 9	0.52	0.58	$0.55	10.9%	35	0.07	101
$195.00	Oct 9	0.62	0.68	$0.65	9.2%	230	0.08	738

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Oct 2	0.17	0.20	$0.19	15.8%	2.9K	0.09	5.4K
$162.50	Oct 2	0.47	0.54	$0.51	13.7%	1.1K	0.20	2.0K
$142.00	Oct 9	0.24	0.29	$0.27	18.5%	12	0.04	311
$138.00	Oct 9	0.16	0.19	$0.18	16.7%	4	0.03	415
$146.00	Oct 9	0.41	0.48	$0.44	15.9%	15	0.07	407

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 181 found (avg delta 0.78, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$134.00	Oct 2	31.65	36.15	$33.90	13.3%	3	1.00	184
$135.00	Oct 2	30.35	33.10	$31.73	8.7%	2	1.00	681
$136.00	Oct 2	29.45	32.90	$31.17	11.1%	--	1.00	468
$137.00	Oct 2	28.85	31.80	$30.33	9.7%	--	1.00	206
$138.00	Oct 2	27.45	30.85	$29.15	11.7%	--	1.00	339

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Oct 2	26.10	29.80	$27.95	13.2%	1	0.99	4
$180.00	Oct 2	12.20	14.20	$13.20	15.2%	3	0.98	43
$177.50	Oct 2	9.50	11.85	$10.68	22.0%	1	0.97	40
$175.00	Oct 2	7.50	9.80	$8.65	26.6%	43	0.94	867
$195.00	Oct 9	25.65	30.00	$27.83	15.6%	--	0.92	35

Most actively traded options today. High liquidity = easy entry/exit. 319 active (total vol 181.6K, top 23.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$167.50	Oct 2	1.34	1.45	$1.40	7.9%	23.0K	0.41	23.6K
$162.50	Oct 2	4.30	4.70	$4.50	8.9%	20.3K	0.80	30.9K
$175.00	Oct 9	3.00	3.15	$3.08	4.9%	15.1K	0.32	2.0K
$170.00	Oct 2	0.62	0.65	$0.64	4.7%	13.2K	0.23	30.5K
$182.50	Oct 9	1.65	1.74	$1.69	5.3%	10.3K	0.19	2.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$165.00	Oct 2	1.17	1.28	$1.23	8.9%	5.2K	0.38	1.5K
$160.00	Oct 2	0.17	0.20	$0.19	15.8%	2.9K	0.09	5.4K
$167.50	Oct 2	2.36	2.57	$2.47	8.5%	2.8K	0.59	351
$150.00	Oct 2	0.02	0.03	$0.03	33.3%	2.2K	0.01	9.8K
$155.00	Oct 2	0.04	0.05	$0.05	20.0%	2.2K	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. 9 strikes (avg 48.0%, max 58.4%)

CALLS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$165.00	Oct 2	Nov 13	104.5%	65.9%	58.4%	6.1K	29.8K
$167.50	Oct 2	Nov 13	104.4%	66.6%	56.9%	23.0K	23.6K
$162.50	Oct 2	Nov 6	104.9%	67.2%	56.1%	20.3K	31.0K
$170.00	Oct 2	Nov 13	105.9%	72.0%	47.1%	13.2K	30.5K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$165.00	Oct 2	Nov 13	104.5%	65.9%	58.4%	5.2K	1.6K
$167.50	Oct 2	Nov 13	104.4%	66.6%	56.9%	2.8K	363
$162.50	Oct 2	Nov 13	104.9%	68.0%	54.3%	1.1K	2.0K
$170.00	Oct 2	Nov 6	105.9%	74.2%	42.6%	1.1K	415
$190.00	Oct 16	Oct 23	70.9%	70.1%	1.1%	6	418

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 200 found (best R:R 4.00, avg 3.01)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$150.00	$152.50	Nov 6	$0.50	$2.00	$0.50	72%	4.00	$150.50
$155.00	$157.50	Nov 6	$0.53	$1.97	$0.53	67%	3.72	$155.53
$155.00	$160.00	Nov 13	$2.33	$2.67	$2.33	68%	1.15	$157.33
$140.00	$143.00	Nov 6	$1.53	$1.47	$1.53	82%	0.96	$141.53
$137.00	$138.00	Oct 9	$0.15	$0.85	$0.15	100%	5.67	$137.15

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$172.50	$170.00	Nov 6	$0.82	$1.68	$0.82	52%	2.05	$171.68
$167.50	$165.00	Oct 30	$0.77	$1.73	$0.77	48%	2.25	$166.73
$162.50	$160.00	Oct 30	$0.65	$1.85	$0.65	41%	2.85	$161.85
$157.50	$155.00	Oct 30	$0.50	$2.00	$0.50	35%	4.00	$157.00
$157.50	$155.00	Nov 6	$0.55	$1.95	$0.55	36%	3.55	$156.95

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 142 found (best R:R 0.74, avg 0.49)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$182.50	$185.00	Nov 6	$1.53	$1.53	$0.97	61%	1.58	$184.03
$175.00	$177.50	Nov 6	$1.20	$1.20	$1.30	54%	0.92	$176.20
$170.00	$172.50	Nov 6	$1.32	$1.32	$1.18	49%	1.12	$171.32
$167.50	$170.00	Oct 2	$0.76	$0.76	$1.74	59%	0.44	$168.26
$170.00	$172.50	Oct 2	$0.37	$0.37	$2.13	77%	0.17	$170.37

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$155.00	$145.00	Nov 13	$4.26	$4.26	$5.74	67%	0.74	$150.74
$155.00	$152.50	Nov 6	$1.75	$1.75	$0.75	67%	2.33	$153.25
$165.00	$162.50	Oct 30	$1.80	$1.80	$0.70	56%	2.57	$163.20
$160.00	$157.50	Oct 30	$1.63	$1.63	$0.87	62%	1.87	$158.37
$155.00	$152.50	Oct 30	$1.45	$1.45	$1.05	68%	1.38	$153.55

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $4.11, cheapest $4.02)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$165.00	Oct 2	Oct 9	$4.07	104.5%	63.6%
$167.50	Oct 2	Oct 9	$4.23	104.4%	65.4%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$165.00	Oct 2	Oct 9	$4.02	104.5%	63.6%
$167.50	Oct 2	Oct 9	$4.11	104.4%	65.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 83 found (cheapest 2.32% of stock, avg 12.35%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$167.50	Oct 2	$1.40	$2.47	$3.87	$163.63	$171.37	2.32%
$165.00	Oct 2	$2.71	$1.23	$3.94	$161.06	$168.94	2.37%
$170.00	Oct 2	$0.64	$4.20	$4.84	$165.16	$174.84	2.91%
$162.50	Oct 2	$4.50	$0.51	$5.01	$157.49	$167.51	3.01%
$172.50	Oct 2	$0.27	$6.00	$6.27	$166.23	$178.77	3.77%
$160.00	Oct 2	$6.63	$0.19	$6.82	$153.18	$166.82	4.10%
$175.00	Oct 2	$0.12	$8.65	$8.77	$166.23	$183.77	5.27%
$157.50	Oct 2	$9.80	$0.08	$9.88	$147.62	$167.38	5.94%
$177.50	Oct 2	$0.06	$10.68	$10.74	$166.76	$188.24	6.45%
$165.00	Oct 9	$6.78	$5.25	$12.03	$152.97	$177.03	7.23%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 162 found (cheapest 0.19% of stock, avg 9.59%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$175.00	$160.00	Oct 2	$0.12	$0.19	$0.31	$159.69	$175.31
$172.50	$160.00	Oct 2	$0.27	$0.19	$0.46	$159.54	$172.96
$175.00	$162.50	Oct 2	$0.12	$0.51	$0.63	$161.87	$175.63
$172.50	$162.50	Oct 2	$0.27	$0.51	$0.78	$161.72	$173.28
$170.00	$160.00	Oct 2	$0.64	$0.19	$0.83	$159.17	$170.83
$170.00	$162.50	Oct 2	$0.64	$0.51	$1.15	$161.35	$171.15
$175.00	$165.00	Oct 2	$0.12	$1.23	$1.35	$163.65	$176.35
$172.50	$165.00	Oct 2	$0.27	$1.23	$1.50	$163.50	$174.00
$170.00	$165.00	Oct 2	$0.64	$1.23	$1.87	$163.13	$171.87
$167.50	$160.00	Oct 2	$1.40	$0.19	$1.59	$158.41	$169.09

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 196 found (best R:R 3.31, avg credit $0.87)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
152/155	188/190	Nov 6	$1.92	$0.58	33%	3.31	$153.08	$189.42
138/139	182/185	Oct 23	$1.10	$1.40	56%	0.79	$137.90	$183.60
140/141	182/185	Oct 23	$1.13	$1.37	55%	0.82	$139.87	$183.63
136/137	182/185	Oct 23	$1.05	$1.45	58%	0.72	$135.95	$183.55
138/139	188/190	Oct 23	$0.95	$1.55	61%	0.61	$138.05	$188.45
140/141	188/190	Oct 23	$0.98	$1.52	60%	0.64	$140.02	$188.48
136/137	188/190	Oct 23	$0.90	$1.60	63%	0.56	$136.10	$188.40
138/139	185/188	Oct 23	$0.99	$1.51	59%	0.66	$138.01	$185.99
140/141	185/188	Oct 23	$1.02	$1.48	57%	0.69	$139.98	$186.02
138/139	180/182	Oct 23	$1.12	$1.38	53%	0.81	$137.88	$181.12

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 146 found (best R:R 34.71, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$162.50	$165.00	$167.50	Oct 2	$0.48	$2.02	39%	4.21
$160.00	$162.50	$165.00	Oct 2	$0.34	$2.16	29%	6.35
$180.00	$185.00	$190.00	Nov 13	$0.17	$4.83	9%	28.41
$162.50	$165.00	$167.50	Oct 16	$0.06	$2.44	9%	40.67
$165.00	$167.50	$170.00	Oct 2	$0.55	$1.95	39%	3.55

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$167.50	$170.00	$172.50	Oct 2	$0.07	$2.43	30%	34.71
$165.00	$167.50	$170.00	Oct 2	$0.49	$2.01	39%	4.10
$162.50	$165.00	$167.50	Oct 9	$0.08	$2.42	13%	30.25
$162.50	$165.00	$167.50	Oct 2	$0.52	$1.98	39%	3.81
$155.00	$157.50	$160.00	Oct 9	$0.09	$2.41	12%	26.78

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 81 found (best net $-0.63, 73 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$165.00	$167.50	1:2	Oct 2	-$0.09	$2.41
$162.50	$165.00	1:2	Oct 2	-$0.92	$1.58
$175.00	$177.50	1:2	Oct 2	$0.00	$2.50
$177.50	$180.00	1:2	Oct 2	-$0.02	$2.48
$187.50	$190.00	1:2	Oct 2	$0.00	$2.50

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$155.00	$145.00	1:2	Nov 13	-$0.63	$9.37
$170.00	$167.50	1:2	Oct 2	-$0.74	$1.76
$157.50	$155.00	1:2	Oct 2	-$0.02	$2.48
$155.00	$152.50	1:2	Oct 2	-$0.01	$2.49
$152.50	$150.00	1:2	Oct 2	-$0.03	$2.47

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 70 found (best yield 5.23%, avg 3.64%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$185.00	Nov 13	$8.70	0.39	11.1%	5.23%	16.36%	10	7
$177.50	Nov 13	$10.80	0.45	6.6%	6.49%	13.11%	5	18
$180.00	Nov 13	$9.90	0.43	8.1%	5.95%	14.07%	158	2
$175.00	Nov 13	$11.50	0.48	5.1%	6.91%	12.03%	6	4
$190.00	Nov 13	$7.45	0.34	14.1%	4.48%	18.61%	1	48
$195.00	Nov 13	$6.25	0.31	17.1%	3.75%	20.89%	150	--
$167.50	Nov 13	$14.45	0.55	0.6%	8.68%	9.30%	5	11
$180.00	Nov 6	$9.15	0.40	8.1%	5.50%	13.62%	8	217
$182.50	Nov 6	$8.25	0.39	9.6%	4.96%	14.59%	7	53
$175.00	Nov 6	$10.55	0.46	5.1%	6.34%	11.46%	5	187

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 159,513

Total Puts 46,516

Put/Call Ratio 0.29

Net Difference 112,997

Prior's Put/Call Breakdown

Total Calls 193,092

Total Puts 65,988

Put/Call Ratio 0.34

Net Difference 127,104

Prior 7-Day Put/Call Summary

Total Calls 1,924,418

Total Puts 974,338

Average Put/Call Ratio 0.52

Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
Loading data...

Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

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

Add Card