MSTR - Options Database

MSTR

STRATEGY INC A

$166.75 +3.89%

(10/2 10:00) ◀

Friday, October 2, 2026 (10:05am)

▶ (10/2 10:10)

◀ 10/2 10:05 ▶

Option Volume

Detail

ℹ

Current (10/02 10:05am) 253,212

Calls: 194,181 (77%)

Puts: 59,031 (23%)

Prior (09/18) 331,559

Calls: 241,051 (73%)

Puts: 90,508 (27%)

Current vs Prior -23.63%

Calls: -19.44% (Calls)

Puts: -34.78% (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 -38.85%

Calls: -29.37%

Puts: -57.59%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/02 10:05am) $85.47M

Calls: $73.57M (86%)

Puts: $11.90M (14%)

Prior (09/18) $163.08M

Calls: $141.70M (87%)

Puts: $21.38M (13%)

Current vs Prior -47.59%

Calls: -48.08%

Puts: -44.33%

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 -50.53%

Calls: -23.82%

Puts: -84.38%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/02 10:05am) 0.30

Prior (09/18) 0.38

Current vs Prior -19.04%

Prior 7-Day Average 0.52

Current vs Prior 7-Day Avg -41.59%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/02 10:05am) 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 2.97% | 7.93%10.85% | 21.63%

Prior 2.80% | 8.20%2.80% | 17.09%

Current vs Prior +6.19% | -3.30%+287.50% | +26.59%

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

Current vs 7-Day Avg -23.12% | -9.21%+58.43% | +20.15%

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

Current vs 7-Day Eod +6.19% | -3.30%-3.11% | -1.42%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 4.99% | 3.39%

Calls: 5.43% | 3.63%

Puts: 4.55% | 3.15%

Prior 3.07% | 3.75%

Calls: 2.26% | 3.48%

Puts: 3.88% | 4.01%

Current vs Prior +62.54% | -9.60%

Prior 7-Day Avg 7.33% | 4.73%

Calls: 6.95% | 4.15%

Puts: 7.72% | 5.31%

Current vs 7-Day Avg -31.96% | -28.35%

Liquidity Acceptable

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🤖 AI Insights

Strong bullish conviction with 86% of dollar volume in calls ($73.57M) vs puts ($11.90M). Extreme bullish P/C ratio of 0.30 - heavy call buying (194,181 calls vs 59,031 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
10:05	BULLISH	BULLISH	BULLISH
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 209 of results (avg 5.6%, best 1.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$157.50	Oct 16	13.55	13.85	$13.70	2.2%	40	0.69	753
$160.00	Oct 16	12.00	12.30	$12.15	2.5%	417	0.65	8.7K
$160.00	Oct 9	9.65	9.90	$9.78	2.6%	504	0.69	6.3K
$162.50	Oct 16	10.55	10.85	$10.70	2.8%	176	0.60	1.1K
$160.00	Oct 23	13.70	14.10	$13.90	2.9%	47	0.63	1.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$170.00	Oct 16	10.20	10.30	$10.25	1.0%	89	0.54	1.9K
$172.50	Oct 16	11.70	11.85	$11.77	1.3%	73	0.58	332
$180.00	Oct 16	17.05	17.30	$17.18	1.5%	74	0.70	1.1K
$175.00	Oct 16	13.35	13.60	$13.48	1.9%	94	0.62	1.0K
$177.50	Oct 16	15.10	15.40	$15.25	2.0%	11	0.66	31

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 21 found (avg $0.64, cheapest $0.40)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$170.00	Oct 2	0.60	0.65	$0.63	7.9%	21.3K	0.22	30.5K
$197.50	Oct 9	0.52	0.57	$0.54	9.3%	43	0.07	101
$200.00	Oct 9	0.43	0.50	$0.47	14.9%	1.2K	0.06	4.8K
$192.50	Oct 9	0.74	0.83	$0.78	11.5%	43	0.09	95
$195.00	Oct 9	0.61	0.70	$0.66	13.6%	247	0.08	738

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$162.50	Oct 2	0.36	0.43	$0.40	17.5%	1.6K	0.18	2.0K
$145.00	Oct 9	0.32	0.37	$0.35	14.3%	112	0.05	1.5K
$146.00	Oct 9	0.38	0.43	$0.41	12.2%	33	0.06	407
$148.00	Oct 9	0.51	0.58	$0.54	13.0%	17	0.08	865
$147.00	Oct 9	0.43	0.50	$0.47	14.9%	40	0.07	527

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 187 found (avg delta 0.79, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$134.00	Oct 2	30.90	35.00	$32.95	12.4%	3	1.00	184
$135.00	Oct 2	30.70	33.10	$31.90	7.5%	3	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
$138.00	Oct 2	26.50	30.10	$28.30	12.7%	--	1.00	339

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	13.05	15.30	$14.18	15.9%	3	0.98	43
$177.50	Oct 2	10.30	13.10	$11.70	23.9%	2	0.97	40
$175.00	Oct 2	7.70	10.15	$8.93	27.4%	43	0.95	867
$200.00	Oct 9	33.35	35.60	$34.48	6.5%	--	0.94	16

Most actively traded options today. High liquidity = easy entry/exit. 338 active (total vol 225.6K, top 25.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$162.50	Oct 2	4.45	4.75	$4.60	6.5%	25.4K	0.82	30.9K
$167.50	Oct 2	1.37	1.48	$1.43	7.7%	24.4K	0.40	23.6K
$170.00	Oct 2	0.60	0.65	$0.63	7.9%	21.3K	0.22	30.5K
$175.00	Oct 9	3.05	3.20	$3.13	4.8%	15.3K	0.31	2.0K
$170.00	Oct 9	4.55	4.75	$4.65	4.3%	12.6K	0.43	4.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$165.00	Oct 2	1.01	1.08	$1.05	6.7%	7.1K	0.37	1.5K
$160.00	Oct 2	0.12	0.15	$0.14	21.4%	3.6K	0.07	5.4K
$167.50	Oct 2	2.15	2.25	$2.20	4.5%	3.5K	0.60	351
$150.00	Oct 2	0.02	0.03	$0.03	33.3%	2.7K	0.01	9.8K
$152.50	Oct 2	0.01	0.04	$0.03	100.0%	2.4K	0.01	3.0K

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 38.2%, max 49.7%)

CALLS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$165.00	Oct 2	Nov 13	99.4%	66.4%	49.7%	6.9K	29.8K
$162.50	Oct 2	Nov 6	99.5%	66.6%	49.2%	25.4K	31.0K
$170.00	Oct 2	Nov 13	102.6%	68.8%	49.2%	21.3K	30.5K
$167.50	Oct 2	Nov 13	99.9%	69.1%	44.6%	24.5K	23.6K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$165.00	Oct 2	Nov 13	99.4%	66.4%	49.7%	7.1K	1.6K
$170.00	Oct 2	Nov 13	102.6%	68.8%	49.2%	1.2K	412
$167.50	Oct 2	Nov 13	99.9%	69.1%	44.6%	3.5K	363
$162.50	Oct 2	Nov 13	99.5%	70.3%	41.5%	1.6K	2.0K
$185.00	Oct 9	Nov 13	71.8%	69.9%	2.7%	2	108

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 222 found (best R:R 3.44, avg 2.84)

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	75%	3.44	$147.45
$150.00	$152.50	Nov 6	$0.75	$1.75	$0.75	72%	2.33	$150.75
$141.00	$150.00	Nov 13	$5.97	$3.03	$5.97	78%	0.51	$146.97
$142.00	$143.00	Oct 23	$0.12	$0.88	$0.12	87%	7.33	$142.12
$137.00	$138.00	Oct 9	$0.30	$0.70	$0.30	94%	2.33	$137.30

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$165.00	$162.50	Nov 13	$0.42	$2.08	$0.42	44%	4.95	$164.58
$160.00	$157.50	Nov 13	$0.35	$2.15	$0.35	38%	6.14	$159.65
$172.50	$170.00	Nov 6	$0.75	$1.75	$0.75	52%	2.33	$171.75
$185.00	$182.50	Oct 16	$1.63	$0.87	$1.63	76%	0.53	$183.37
$157.50	$155.00	Nov 6	$0.65	$1.85	$0.65	36%	2.85	$156.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 144 found (best R:R 0.83, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$182.50	$185.00	Nov 6	$1.60	$1.60	$0.90	61%	1.78	$184.10
$167.50	$170.00	Oct 2	$0.80	$0.80	$1.70	60%	0.47	$168.30
$170.00	$172.50	Oct 2	$0.38	$0.38	$2.12	78%	0.18	$170.38
$172.50	$175.00	Oct 2	$0.13	$0.13	$2.37	90%	0.05	$172.63
$170.00	$172.50	Nov 6	$1.20	$1.20	$1.30	50%	0.92	$171.20

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$155.00	$145.00	Nov 13	$4.55	$4.55	$5.45	67%	0.83	$150.45
$157.50	$155.00	Nov 13	$1.51	$1.51	$0.99	64%	1.53	$155.99
$155.00	$152.50	Nov 6	$1.32	$1.32	$1.18	67%	1.12	$153.68
$162.50	$160.00	Nov 6	$1.53	$1.53	$0.97	58%	1.58	$160.97
$150.00	$145.00	Nov 6	$1.68	$1.68	$3.32	72%	0.51	$148.32

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $4.12, cheapest $3.98)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$165.00	Oct 2	Oct 9	$4.12	99.4%	62.5%
$167.50	Oct 2	Oct 9	$4.22	99.9%	64.3%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$165.00	Oct 2	Oct 9	$3.98	99.4%	62.5%
$167.50	Oct 2	Oct 9	$4.15	99.9%	64.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 79 found (cheapest 2.18% of stock, avg 12.23%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$167.50	Oct 2	$1.43	$2.20	$3.63	$163.87	$171.13	2.18%
$165.00	Oct 2	$2.76	$1.05	$3.81	$161.19	$168.81	2.28%
$170.00	Oct 2	$0.63	$3.93	$4.56	$165.44	$174.56	2.73%
$162.50	Oct 2	$4.60	$0.40	$5.00	$157.50	$167.50	3.00%
$172.50	Oct 2	$0.25	$6.40	$6.65	$165.85	$179.15	3.99%
$160.00	Oct 2	$6.68	$0.14	$6.82	$153.18	$166.82	4.09%
$175.00	Oct 2	$0.12	$8.93	$9.05	$165.95	$184.05	5.43%
$157.50	Oct 2	$9.35	$0.07	$9.42	$148.08	$166.92	5.65%
$177.50	Oct 2	$0.07	$11.70	$11.77	$165.73	$189.27	7.06%
$155.00	Oct 2	$11.75	$0.05	$11.80	$143.20	$166.80	7.08%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 159 found (cheapest 0.23% of stock, avg 9.74%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$172.50	$160.00	Oct 2	$0.25	$0.14	$0.39	$159.61	$172.89
$172.50	$162.50	Oct 2	$0.25	$0.40	$0.65	$161.85	$173.15
$170.00	$160.00	Oct 2	$0.63	$0.14	$0.77	$159.23	$170.77
$170.00	$162.50	Oct 2	$0.63	$0.40	$1.03	$161.47	$171.03
$172.50	$165.00	Oct 2	$0.25	$1.05	$1.30	$163.70	$173.80
$170.00	$165.00	Oct 2	$0.63	$1.05	$1.68	$163.32	$171.68
$167.50	$160.00	Oct 2	$1.43	$0.14	$1.57	$158.43	$169.07
$167.50	$162.50	Oct 2	$1.43	$0.40	$1.83	$160.67	$169.33
$167.50	$165.00	Oct 2	$1.43	$1.05	$2.48	$162.52	$169.98
$177.50	$155.00	Oct 9	$2.57	$1.53	$4.10	$150.90	$181.60

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 196 found (best R:R 1.33, avg credit $0.97)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
140/141	190/195	Nov 13	$2.85	$2.15	45%	1.33	$138.15	$192.85
136/137	182/185	Oct 23	$1.07	$1.43	58%	0.75	$135.93	$183.57
152/155	188/190	Nov 6	$1.67	$0.83	34%	2.01	$153.33	$189.17
145/150	195/200	Nov 6	$2.81	$2.19	44%	1.28	$147.19	$197.81
136/137	188/190	Oct 23	$0.92	$1.58	63%	0.58	$136.08	$188.42
155/158	190/192	Oct 9	$0.90	$1.60	64%	0.56	$156.60	$190.90
140/141	182/185	Oct 23	$1.12	$1.38	55%	0.81	$139.88	$183.62
155/158	188/190	Oct 9	$0.93	$1.57	62%	0.59	$156.57	$188.43
136/137	185/188	Oct 23	$0.96	$1.54	60%	0.62	$136.04	$185.96
138/139	182/185	Oct 23	$1.06	$1.44	56%	0.74	$137.94	$183.56

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 164 found (best R:R 9.42, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$160.00	$162.50	$165.00	Oct 2	$0.24	$2.26	30%	9.42
$162.50	$165.00	$167.50	Oct 2	$0.51	$1.99	42%	3.90
$165.00	$167.50	$170.00	Oct 2	$0.53	$1.97	41%	3.72
$162.50	$165.00	$167.50	Oct 9	$0.12	$2.38	13%	19.83
$190.00	$195.00	$200.00	Oct 16	$0.14	$4.86	7%	34.71

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$170.00	$172.50	$175.00	Oct 2	$0.06	$2.44	17%	40.67
$162.50	$165.00	$167.50	Oct 2	$0.50	$2.00	41%	4.00
$165.00	$167.50	$170.00	Oct 2	$0.58	$1.92	41%	3.31
$157.50	$160.00	$162.50	Oct 16	$0.07	$2.43	9%	34.71
$172.50	$175.00	$177.50	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. 88 found (best net $-0.22, 79 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$165.00	$167.50	1:2	Oct 2	-$0.10	$2.40
$162.50	$165.00	1:2	Oct 2	-$0.92	$1.58
$175.00	$177.50	1:2	Oct 2	-$0.02	$2.48
$177.50	$180.00	1:2	Oct 2	-$0.01	$2.49
$180.00	$182.50	1:2	Oct 2	-$0.02	$2.48

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$155.00	$145.00	1:2	Nov 13	-$0.22	$9.78
$170.00	$167.50	1:2	Oct 2	-$0.47	$2.03
$172.50	$170.00	1:2	Oct 2	-$1.46	$1.04
$160.00	$157.50	1:2	Oct 2	$0.00	$2.50
$157.50	$155.00	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. 75 found (best yield 5.82%, avg 3.51%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$180.00	Nov 13	$9.70	0.42	8.0%	5.82%	13.76%	163	2
$177.50	Nov 13	$10.40	0.44	6.5%	6.24%	12.68%	5	18
$190.00	Nov 13	$7.10	0.34	13.9%	4.26%	18.20%	11	48
$172.50	Nov 13	$12.15	0.49	3.5%	7.29%	10.73%	1	--
$175.00	Nov 13	$11.10	0.46	5.0%	6.66%	11.60%	6	4
$185.00	Nov 13	$8.10	0.37	10.9%	4.86%	15.80%	15	7
$167.50	Nov 13	$14.35	0.54	0.5%	8.61%	9.06%	5	11
$170.00	Nov 13	$13.00	0.51	1.9%	7.80%	9.75%	8	3
$195.00	Nov 13	$5.95	0.30	16.9%	3.57%	20.51%	150	--
$200.00	Nov 13	$5.35	0.27	19.9%	3.21%	23.15%	28	--

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 194,181

Total Puts 59,031

Put/Call Ratio 0.30

Net Difference 135,150

Prior's Put/Call Breakdown

Total Calls 241,051

Total Puts 90,508

Put/Call Ratio 0.38

Net Difference 150,543

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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