MSTR - Options Database

MSTR

STRATEGY INC A

$165.86 +3.34%

(10/2 09:55) ◀

Friday, October 2, 2026 (10:00am)

▶ (10/2 10:05)

◀ 10/2 10:00 ▶

Option Volume

Detail

ℹ

Current (10/02 10:00am) 233,013

Calls: 178,413 (77%)

Puts: 54,600 (23%)

Prior (09/18) 302,830

Calls: 220,246 (73%)

Puts: 82,584 (27%)

Current vs Prior -23.05%

Calls: -18.99% (Calls)

Puts: -33.89% (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 -43.73%

Calls: -35.10%

Puts: -60.77%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/02 10:00am) $74.70M

Calls: $63.25M (85%)

Puts: $11.45M (15%)

Prior (09/18) $161.22M

Calls: $141.91M (88%)

Puts: $19.31M (12%)

Current vs Prior -53.67%

Calls: -55.43%

Puts: -40.72%

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 -56.76%

Calls: -34.50%

Puts: -84.98%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/02 10:00am) 0.31

Prior (09/18) 0.38

Current vs Prior -18.38%

Prior 7-Day Average 0.52

Current vs Prior 7-Day Avg -41.21%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/02 10:00am) 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 3.02% | 7.90%10.88% | 21.66%

Prior 2.80% | 8.20%2.80% | 17.09%

Current vs Prior +7.83% | -3.66%+288.50% | +26.74%

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

Current vs 7-Day Avg -21.92% | -9.55%+58.84% | +20.29%

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

Current vs 7-Day Eod +7.83% | -3.66%-2.85% | -1.31%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 5.44% | 6.83%

Calls: 5.83% | 3.86%

Puts: 5.04% | 9.80%

Prior 3.07% | 3.75%

Calls: 2.26% | 3.48%

Puts: 3.88% | 4.01%

Current vs Prior +77.20% | +82.13%

Prior 7-Day Avg 7.33% | 4.73%

Calls: 6.95% | 4.15%

Puts: 7.72% | 5.31%

Current vs 7-Day Avg -25.83% | +44.35%

Liquidity Pricy

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🤖 AI Insights

Strong bullish conviction with 85% of dollar volume in calls ($63.25M) vs puts ($11.45M). Light premium activity with dollar volume down 54% vs prior. Extreme bullish P/C ratio of 0.31 - heavy call buying (178,413 calls vs 54,600 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
10:00	BULLISH	BULLISH	BULLISH
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 167 of results (avg 5.7%, best 2.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Oct 16	5.05	5.15	$5.10	2.0%	1.1K	0.37	5.4K
$155.00	Oct 30	18.05	18.45	$18.25	2.2%	213	0.68	315
$160.00	Oct 23	13.20	13.55	$13.38	2.6%	37	0.62	1.2K
$157.50	Oct 16	12.90	13.25	$13.08	2.7%	40	0.69	753
$162.50	Oct 30	13.85	14.25	$14.05	2.8%	9	0.58	165

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Oct 23	19.00	19.40	$19.20	2.1%	18	0.66	62
$182.50	Oct 23	20.90	21.35	$21.13	2.1%	--	0.69	11
$177.50	Oct 30	18.95	19.40	$19.17	2.3%	11	0.60	7
$170.00	Oct 30	14.15	14.50	$14.33	2.4%	2	0.51	57
$175.00	Oct 16	13.80	14.15	$13.98	2.5%	94	0.63	1.0K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 14 found (avg $0.71, cheapest $0.22)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$172.50	Oct 2	0.20	0.23	$0.22	13.6%	4.6K	0.09	19.7K
$170.00	Oct 2	0.49	0.54	$0.52	9.6%	17.3K	0.20	30.5K
$195.00	Oct 9	0.55	0.64	$0.60	15.0%	239	0.08	738
$192.50	Oct 9	0.67	0.76	$0.72	12.5%	42	0.09	95
$190.00	Oct 9	0.82	0.89	$0.86	8.1%	540	0.11	1.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$149.00	Oct 9	0.68	0.77	$0.73	12.3%	91	0.10	863
$150.00	Oct 9	0.81	0.89	$0.85	9.4%	588	0.12	2.7K
$137.00	Oct 16	0.51	0.60	$0.55	16.4%	7	0.06	611
$139.00	Oct 16	0.65	0.75	$0.70	14.3%	20	0.07	935
$138.00	Oct 16	0.61	0.68	$0.65	10.8%	3	0.07	234

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 186 found (avg delta 0.79, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$133.00	Oct 2	31.50	35.10	$33.30	10.8%	5	1.00	355
$134.00	Oct 2	30.90	35.40	$33.15	13.6%	3	1.00	184
$135.00	Oct 2	29.50	33.10	$31.30	11.5%	2	1.00	681
$136.00	Oct 2	28.80	32.10	$30.45	10.8%	--	1.00	468
$137.00	Oct 2	27.40	31.10	$29.25	12.6%	--	1.00	206

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Oct 2	26.80	30.80	$28.80	13.9%	1	1.00	4
$180.00	Oct 2	12.60	15.50	$14.05	20.6%	3	0.99	43
$177.50	Oct 2	10.30	13.10	$11.70	23.9%	2	0.98	40
$175.00	Oct 2	7.70	10.15	$8.93	27.4%	43	0.95	867
$195.00	Oct 9	26.00	30.60	$28.30	16.3%	--	0.91	35

Most actively traded options today. High liquidity = easy entry/exit. 330 active (total vol 204.3K, top 23.9K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$167.50	Oct 2	1.10	1.19	$1.15	7.8%	23.9K	0.36	23.6K
$162.50	Oct 2	3.80	4.05	$3.93	6.4%	22.9K	0.78	30.9K
$170.00	Oct 2	0.49	0.54	$0.52	9.6%	17.3K	0.20	30.5K
$175.00	Oct 9	2.87	3.05	$2.96	6.1%	15.2K	0.30	2.0K
$182.50	Oct 9	1.51	1.76	$1.64	15.2%	10.4K	0.19	2.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$165.00	Oct 2	1.35	1.44	$1.40	6.4%	6.8K	0.42	1.5K
$167.50	Oct 2	2.71	2.85	$2.78	5.0%	3.4K	0.64	351
$160.00	Oct 2	0.19	0.25	$0.22	27.3%	3.3K	0.10	5.4K
$150.00	Oct 2	0.02	0.03	$0.03	33.3%	2.3K	0.01	9.8K
$155.00	Oct 2	0.04	0.06	$0.05	40.0%	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. 10 strikes (avg 40.0%, max 54.1%)

CALLS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$165.00	Oct 2	Nov 13	101.0%	66.8%	51.3%	6.5K	29.8K
$167.50	Oct 2	Nov 13	105.1%	70.0%	50.1%	23.9K	23.6K
$162.50	Oct 2	Nov 6	100.4%	67.3%	49.2%	22.9K	31.0K
$170.00	Oct 2	Nov 13	107.7%	74.6%	44.3%	17.3K	30.5K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$170.00	Oct 2	Nov 6	107.7%	69.9%	54.1%	1.2K	415
$165.00	Oct 2	Nov 13	101.0%	66.8%	51.3%	6.8K	1.6K
$167.50	Oct 2	Nov 13	105.1%	70.0%	50.1%	3.4K	363
$162.50	Oct 2	Nov 13	100.4%	69.0%	45.5%	1.5K	2.0K
$185.00	Oct 9	Nov 13	72.0%	70.2%	2.6%	2	108

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 202 found (best R:R 3.44, avg 2.95)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$147.00	$149.00	Nov 6	$0.45	$1.55	$0.45	76%	3.44	$147.45
$150.00	$152.50	Nov 6	$0.80	$1.70	$0.80	73%	2.13	$150.80
$160.00	$165.00	Nov 13	$1.95	$3.05	$1.95	61%	1.56	$161.95
$157.50	$160.00	Nov 6	$0.65	$1.85	$0.65	64%	2.85	$158.15
$133.00	$134.00	Oct 2	$0.15	$0.85	$0.15	100%	5.67	$133.15

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$172.50	$170.00	Nov 6	$0.65	$1.85	$0.65	52%	2.85	$171.85
$160.00	$157.50	Oct 30	$0.45	$2.05	$0.45	39%	4.56	$159.55
$157.50	$155.00	Nov 6	$0.55	$1.95	$0.55	36%	3.55	$156.95
$165.00	$162.50	Nov 13	$0.80	$1.70	$0.80	44%	2.13	$164.20
$167.50	$165.00	Nov 13	$0.88	$1.62	$0.88	47%	1.84	$166.62

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 138 found (best R:R 0.77, avg 0.57)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$170.00	$172.50	Nov 13	$2.30	$2.30	$0.20	49%	11.50	$172.30
$182.50	$185.00	Nov 6	$1.71	$1.71	$0.79	61%	2.16	$184.21
$177.50	$180.00	Nov 13	$1.20	$1.20	$1.30	56%	0.92	$178.70
$177.50	$180.00	Nov 6	$1.13	$1.13	$1.37	57%	0.82	$178.63
$167.50	$170.00	Nov 6	$1.38	$1.38	$1.12	47%	1.23	$168.88

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$155.00	$145.00	Nov 13	$4.36	$4.36	$5.64	66%	0.77	$150.64
$157.50	$155.00	Nov 13	$1.80	$1.80	$0.70	63%	2.57	$155.70
$157.50	$155.00	Oct 30	$1.62	$1.62	$0.88	64%	1.84	$155.88
$155.00	$152.50	Nov 6	$1.40	$1.40	$1.10	67%	1.27	$153.60
$150.00	$145.00	Nov 6	$1.78	$1.78	$3.22	72%	0.55	$148.22

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $4.10, cheapest $3.85)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$167.50	Oct 2	Oct 9	$4.23	105.1%	65.7%
$165.00	Oct 2	Oct 9	$4.25	101.0%	63.4%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$167.50	Oct 2	Oct 9	$3.85	105.1%	65.7%
$165.00	Oct 2	Oct 9	$4.08	101.0%	63.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 81 found (cheapest 2.19% of stock, avg 12.14%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$165.00	Oct 2	$2.23	$1.40	$3.63	$161.37	$168.63	2.19%
$167.50	Oct 2	$1.15	$2.78	$3.93	$163.57	$171.43	2.37%
$162.50	Oct 2	$3.93	$0.58	$4.51	$157.99	$167.01	2.72%
$170.00	Oct 2	$0.52	$4.65	$5.17	$164.83	$175.17	3.12%
$160.00	Oct 2	$6.10	$0.22	$6.32	$153.68	$166.32	3.81%
$172.50	Oct 2	$0.22	$6.88	$7.10	$165.40	$179.60	4.28%
$157.50	Oct 2	$8.73	$0.10	$8.83	$148.67	$166.33	5.32%
$175.00	Oct 2	$0.10	$8.93	$9.03	$165.97	$184.03	5.44%
$155.00	Oct 2	$11.03	$0.05	$11.08	$143.92	$166.08	6.68%
$177.50	Oct 2	$0.04	$11.70	$11.74	$165.76	$189.24	7.08%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 159 found (cheapest 0.27% of stock, avg 9.65%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$172.50	$160.00	Oct 2	$0.22	$0.22	$0.44	$159.56	$172.94
$170.00	$160.00	Oct 2	$0.52	$0.22	$0.74	$159.26	$170.74
$172.50	$162.50	Oct 2	$0.22	$0.58	$0.80	$161.70	$173.30
$170.00	$162.50	Oct 2	$0.52	$0.58	$1.10	$161.40	$171.10
$167.50	$160.00	Oct 2	$1.15	$0.22	$1.37	$158.63	$168.87
$167.50	$162.50	Oct 2	$1.15	$0.58	$1.73	$160.77	$169.23
$172.50	$165.00	Oct 2	$0.22	$1.40	$1.62	$163.38	$174.12
$170.00	$165.00	Oct 2	$0.52	$1.40	$1.92	$163.08	$171.92
$167.50	$165.00	Oct 2	$1.15	$1.40	$2.55	$162.45	$170.05
$177.50	$155.00	Oct 9	$2.37	$1.74	$4.11	$150.89	$181.61

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 212 found (best R:R 1.94, avg credit $0.84)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
152/155	188/190	Nov 6	$1.65	$0.85	33%	1.94	$153.35	$189.15
138/139	185/188	Oct 23	$0.99	$1.51	60%	0.66	$138.01	$185.99
136/137	185/188	Oct 23	$0.95	$1.55	61%	0.61	$136.05	$185.95
138/139	180/182	Oct 23	$1.11	$1.39	54%	0.80	$137.89	$181.11
136/137	180/182	Oct 23	$1.07	$1.43	56%	0.75	$135.93	$181.07
138/139	182/185	Oct 23	$1.03	$1.47	57%	0.70	$137.97	$183.53
136/137	182/185	Oct 23	$0.99	$1.51	58%	0.66	$136.01	$183.49
158/160	182/185	Oct 9	$1.22	$1.28	49%	0.95	$158.78	$183.72
138/139	188/190	Oct 23	$0.89	$1.61	62%	0.55	$138.11	$188.39
136/137	188/190	Oct 23	$0.85	$1.65	64%	0.52	$136.15	$188.35

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 150 found (best R:R 4.56, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$165.00	$167.50	$170.00	Oct 2	$0.45	$2.05	38%	4.56
$185.00	$190.00	$195.00	Nov 13	$0.13	$4.87	8%	37.46
$167.50	$170.00	$172.50	Oct 2	$0.33	$2.17	27%	6.58
$172.50	$175.00	$177.50	Oct 9	$0.08	$2.42	10%	30.25
$165.00	$167.50	$170.00	Oct 9	$0.12	$2.38	13%	19.83

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$165.00	$167.50	$170.00	Oct 2	$0.49	$2.01	38%	4.10
$162.50	$165.00	$167.50	Oct 2	$0.56	$1.94	41%	3.46
$162.50	$165.00	$167.50	Oct 16	$0.07	$2.43	10%	34.71
$162.50	$165.00	$167.50	Oct 23	$0.05	$2.45	8%	49.00
$157.50	$160.00	$162.50	Oct 9	$0.14	$2.36	13%	16.86

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 $-0.43, 76 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$162.50	$165.00	1:2	Oct 2	-$0.53	$1.97
$165.00	$167.50	1:2	Oct 2	-$0.07	$2.43
$160.00	$162.50	1:2	Oct 2	-$1.76	$0.74
$177.50	$180.00	1:2	Oct 2	-$0.02	$2.48
$182.50	$185.00	1:2	Oct 2	-$0.01	$2.49

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$155.00	$145.00	1:2	Nov 13	-$0.43	$9.57
$167.50	$165.00	1:2	Oct 2	-$0.02	$2.48
$170.00	$167.50	1:2	Oct 2	-$0.91	$1.59
$157.50	$155.00	1:2	Oct 2	$0.00	$2.50
$155.00	$152.50	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. 69 found (best yield 5.97%, avg 3.51%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$180.00	Nov 13	$9.90	0.42	8.5%	5.97%	14.49%	158	2
$177.50	Nov 13	$10.20	0.44	7.0%	6.15%	13.17%	5	18
$185.00	Nov 13	$7.95	0.37	11.5%	4.79%	16.33%	10	7
$172.50	Nov 13	$11.75	0.48	4.0%	7.08%	11.09%	1	--
$190.00	Nov 13	$6.85	0.33	14.6%	4.13%	18.68%	11	48
$167.50	Nov 13	$13.85	0.53	1.0%	8.35%	9.34%	5	11
$170.00	Nov 13	$12.55	0.51	2.5%	7.57%	10.06%	8	3
$182.50	Nov 6	$7.95	0.39	10.0%	4.79%	14.83%	7	53
$177.50	Nov 6	$9.40	0.43	7.0%	5.67%	12.69%	1	175
$195.00	Nov 13	$5.85	0.29	17.6%	3.53%	21.10%	150	--

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 178,413

Total Puts 54,600

Put/Call Ratio 0.31

Net Difference 123,813

Prior's Put/Call Breakdown

Total Calls 220,246

Total Puts 82,584

Put/Call Ratio 0.38

Net Difference 137,662

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
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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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