MSTR - Options Database

MSTR

STRATEGY INC A

$165.56 +3.15%

(10/2 10:05) ◀

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

▶ (10/2 10:15)

◀ 10/2 10:10 ▶

Option Volume

Detail

ℹ

Current (10/02 10:10am) 263,462

Calls: 200,919 (76%)

Puts: 62,543 (24%)

Prior (09/18) 355,931

Calls: 255,323 (72%)

Puts: 100,608 (28%)

Current vs Prior -25.98%

Calls: -21.31% (Calls)

Puts: -37.83% (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 -36.38%

Calls: -26.92%

Puts: -55.07%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/02 10:10am) $82.13M

Calls: $68.23M (83%)

Puts: $13.90M (17%)

Prior (09/18) $179.12M

Calls: $155.77M (87%)

Puts: $23.35M (13%)

Current vs Prior -54.15%

Calls: -56.20%

Puts: -40.47%

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 -52.46%

Calls: -29.34%

Puts: -81.76%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/02 10:10am) 0.31

Prior (09/18) 0.39

Current vs Prior -21.00%

Prior 7-Day Average 0.52

Current vs Prior 7-Day Avg -40.19%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/02 10:10am) 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 2.94% | 7.93%10.87% | 21.70%

Prior 2.80% | 8.20%2.80% | 17.09%

Current vs Prior +5.01% | -3.34%+288.13% | +27.00%

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

Current vs 7-Day Avg -23.97% | -9.25%+58.69% | +20.54%

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

Current vs 7-Day Eod +5.01% | -3.34%-2.95% | -1.10%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 4.93% | 2.66%

Calls: 4.93% | 2.39%

Puts: 4.93% | 2.92%

Prior 3.07% | 3.75%

Calls: 2.26% | 3.48%

Puts: 3.88% | 4.01%

Current vs Prior +60.59% | -29.07%

Prior 7-Day Avg 7.33% | 4.73%

Calls: 6.95% | 4.15%

Puts: 7.72% | 5.31%

Current vs 7-Day Avg -32.78% | -43.78%

Liquidity Good

Add Card

🤖 AI Insights

Strong bullish conviction with 83% of dollar volume in calls ($68.23M) vs puts ($13.90M). Light premium activity with dollar volume down 54% vs prior. Extreme bullish P/C ratio of 0.31 - heavy call buying (200,919 calls vs 62,543 puts). P/C ratio dropping 21% - sentiment shifting bullish.

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
10:10	BULLISH	BULLISH	BULLISH
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 216 of results (avg 5.0%, best 1.4%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$155.00	Oct 30	17.95	18.20	$18.08	1.4%	213	0.68	315
$157.50	Oct 16	12.80	13.00	$12.90	1.6%	40	0.68	753
$160.00	Oct 16	11.30	11.50	$11.40	1.8%	444	0.64	8.7K
$165.00	Oct 30	12.65	12.90	$12.78	2.0%	50	0.55	1.0K
$167.50	Oct 16	7.55	7.70	$7.63	2.0%	310	0.49	746

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Oct 16	14.00	14.20	$14.10	1.4%	97	0.64	1.0K
$180.00	Oct 23	19.20	19.50	$19.35	1.6%	18	0.66	62
$177.50	Oct 16	15.80	16.05	$15.93	1.6%	20	0.67	31
$185.00	Oct 30	24.70	25.10	$24.90	1.6%	--	0.68	73
$180.00	Oct 30	20.95	21.30	$21.13	1.7%	1	0.63	45

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 23 found (avg $0.61, cheapest $0.08)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Oct 2	0.07	0.08	$0.08	12.5%	7.4K	0.04	16.5K
$172.50	Oct 2	0.16	0.19	$0.18	16.7%	5.4K	0.08	19.7K
$170.00	Oct 2	0.38	0.41	$0.40	7.5%	23.2K	0.17	30.5K
$167.50	Oct 2	0.91	0.99	$0.95	8.4%	25.1K	0.34	23.6K
$197.50	Oct 9	0.46	0.52	$0.49	12.2%	133	0.06	101

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$162.50	Oct 2	0.54	0.61	$0.57	12.3%	1.7K	0.22	2.0K
$145.00	Oct 9	0.34	0.40	$0.37	16.2%	113	0.06	1.5K
$144.00	Oct 9	0.29	0.34	$0.32	15.6%	15	0.05	767
$146.00	Oct 9	0.40	0.48	$0.44	18.2%	40	0.07	407
$147.00	Oct 9	0.48	0.55	$0.52	13.5%	40	0.08	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
$133.00	Oct 2	32.35	35.05	$33.70	8.0%	13	1.00	355
$134.00	Oct 2	30.70	35.00	$32.85	13.1%	10	1.00	184
$135.00	Oct 2	30.40	33.10	$31.75	8.5%	14	1.00	681
$136.00	Oct 2	29.40	32.10	$30.75	8.8%	9	1.00	468
$137.00	Oct 2	27.75	31.10	$29.43	11.4%	9	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	13.05	15.30	$14.18	15.9%	3	0.99	43
$177.50	Oct 2	10.30	13.10	$11.70	23.9%	2	0.98	40
$175.00	Oct 2	8.50	10.25	$9.38	18.7%	45	0.96	867
$172.50	Oct 2	6.20	7.60	$6.90	20.3%	97	0.92	158

Most actively traded options today. High liquidity = easy entry/exit. 342 active (total vol 231.2K, top 25.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$162.50	Oct 2	3.60	3.80	$3.70	5.4%	25.4K	0.78	30.9K
$167.50	Oct 2	0.91	0.99	$0.95	8.4%	25.1K	0.34	23.6K
$170.00	Oct 2	0.38	0.41	$0.40	7.5%	23.2K	0.17	30.5K
$175.00	Oct 9	2.75	2.82	$2.79	2.5%	15.4K	0.30	2.0K
$170.00	Oct 9	4.15	4.30	$4.22	3.6%	12.7K	0.41	4.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$165.00	Oct 2	1.36	1.45	$1.41	6.4%	8.2K	0.43	1.5K
$160.00	Oct 2	0.17	0.22	$0.20	25.0%	4.0K	0.09	5.4K
$167.50	Oct 2	2.77	2.91	$2.84	4.9%	3.7K	0.66	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	0.05	$0.03	133.3%	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 36.5%, max 48.7%)

CALLS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$165.00	Oct 2	Nov 13	98.3%	66.1%	48.7%	7.2K	29.8K
$170.00	Oct 2	Nov 13	102.3%	69.3%	47.6%	23.3K	30.5K
$162.50	Oct 2	Nov 6	98.5%	67.7%	45.6%	25.5K	31.0K
$167.50	Oct 2	Nov 13	98.1%	69.6%	41.1%	25.1K	23.6K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$165.00	Oct 2	Nov 13	97.8%	66.1%	48.0%	8.2K	1.6K
$170.00	Oct 2	Nov 13	102.3%	69.3%	47.6%	1.2K	412
$167.50	Oct 2	Nov 13	98.5%	69.6%	41.6%	3.7K	363
$162.50	Oct 2	Nov 13	98.5%	69.8%	41.1%	1.7K	2.0K
$185.00	Oct 9	Nov 13	71.5%	69.8%	2.5%	2	108

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 211 found (best R:R 2.64, avg 2.96)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$147.00	$149.00	Nov 6	$0.55	$1.45	$0.55	76%	2.64	$147.55
$150.00	$152.50	Nov 6	$0.85	$1.65	$0.85	73%	1.94	$150.85
$157.50	$160.00	Nov 6	$0.65	$1.85	$0.65	65%	2.85	$158.15
$141.00	$150.00	Nov 13	$5.95	$3.05	$5.95	78%	0.51	$146.95
$133.00	$134.00	Oct 9	$0.10	$0.90	$0.10	97%	9.00	$133.10

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$160.00	$157.50	Nov 13	$0.32	$2.18	$0.32	39%	6.81	$159.68
$165.00	$162.50	Nov 13	$0.47	$2.03	$0.47	44%	4.32	$164.53
$172.50	$170.00	Nov 6	$0.75	$1.75	$0.75	52%	2.33	$171.75
$182.50	$180.00	Oct 23	$1.43	$1.07	$1.43	69%	0.75	$181.07
$180.00	$177.50	Oct 16	$1.57	$0.93	$1.57	71%	0.59	$178.43

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 143 found (best R:R 0.87, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$182.50	$185.00	Nov 6	$1.65	$1.65	$0.85	61%	1.94	$184.15
$167.50	$170.00	Oct 2	$0.55	$0.55	$1.95	66%	0.28	$168.05
$170.00	$172.50	Oct 2	$0.22	$0.22	$2.28	82%	0.10	$170.22
$177.50	$180.00	Nov 6	$1.00	$1.00	$1.50	57%	0.67	$178.50
$170.00	$172.50	Nov 13	$1.20	$1.20	$1.30	49%	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	$4.66	$4.66	$5.34	66%	0.87	$150.34
$157.50	$155.00	Nov 13	$1.50	$1.50	$1.00	64%	1.50	$156.00
$155.00	$152.50	Nov 6	$1.32	$1.32	$1.18	67%	1.12	$153.68
$150.00	$145.00	Nov 6	$1.68	$1.68	$3.32	73%	0.51	$148.32
$141.00	$140.00	Nov 6	$0.65	$0.65	$0.35	81%	1.86	$140.35

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $4.13, cheapest $4.25)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$165.00	Oct 2	Oct 9	$4.25	98.3%	62.4%
$167.50	Oct 2	Oct 9	$4.20	98.1%	64.4%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$165.00	Oct 2	Oct 9	$4.07	97.8%	62.3%
$167.50	Oct 2	Oct 9	$4.01	98.5%	64.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 82 found (cheapest 2.08% of stock, avg 12.23%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$165.00	Oct 2	$2.03	$1.41	$3.44	$161.56	$168.44	2.08%
$167.50	Oct 2	$0.95	$2.84	$3.79	$163.71	$171.29	2.29%
$162.50	Oct 2	$3.70	$0.57	$4.27	$158.23	$166.77	2.58%
$170.00	Oct 2	$0.40	$4.78	$5.18	$164.82	$175.18	3.13%
$160.00	Oct 2	$5.88	$0.20	$6.08	$153.92	$166.08	3.67%
$172.50	Oct 2	$0.18	$6.90	$7.08	$165.42	$179.58	4.28%
$157.50	Oct 2	$9.03	$0.07	$9.10	$148.40	$166.60	5.50%
$175.00	Oct 2	$0.08	$9.38	$9.46	$165.54	$184.46	5.71%
$155.00	Oct 2	$10.98	$0.05	$11.03	$143.97	$166.03	6.66%
$177.50	Oct 2	$0.05	$11.70	$11.75	$165.75	$189.25	7.10%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 159 found (cheapest 0.23% of stock, avg 9.75%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$172.50	$160.00	Oct 2	$0.18	$0.20	$0.38	$159.62	$172.88
$170.00	$160.00	Oct 2	$0.40	$0.20	$0.60	$159.40	$170.60
$172.50	$162.50	Oct 2	$0.18	$0.57	$0.75	$161.75	$173.25
$170.00	$162.50	Oct 2	$0.40	$0.57	$0.97	$161.53	$170.97
$167.50	$160.00	Oct 2	$0.95	$0.20	$1.15	$158.85	$168.65
$167.50	$162.50	Oct 2	$0.95	$0.57	$1.52	$160.98	$169.02
$170.00	$165.00	Oct 2	$0.40	$1.41	$1.81	$163.19	$171.81
$172.50	$165.00	Oct 2	$0.18	$1.41	$1.59	$163.41	$174.09
$167.50	$165.00	Oct 2	$0.95	$1.41	$2.36	$162.64	$169.86
$177.50	$155.00	Oct 9	$2.26	$1.75	$4.01	$150.99	$181.51

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 212 found (best R:R 1.25, avg credit $0.82)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
140/141	190/195	Nov 13	$2.78	$2.22	44%	1.25	$138.22	$192.78
136/137	185/188	Oct 23	$0.95	$1.55	61%	0.61	$136.05	$185.95
136/137	180/182	Oct 23	$1.07	$1.43	56%	0.75	$135.93	$181.07
136/137	188/190	Oct 23	$0.87	$1.63	64%	0.53	$136.13	$188.37
140/141	185/188	Oct 23	$1.01	$1.49	58%	0.68	$139.99	$186.01
136/137	182/185	Oct 23	$0.99	$1.51	58%	0.66	$136.01	$183.49
140/141	180/182	Oct 23	$1.13	$1.37	52%	0.82	$139.87	$181.13
140/141	188/190	Oct 23	$0.93	$1.57	60%	0.59	$140.07	$188.43
140/141	182/185	Oct 23	$1.05	$1.45	55%	0.72	$139.95	$183.55
138/139	185/188	Oct 23	$0.93	$1.57	60%	0.59	$138.07	$185.93

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 168 found (best R:R 12.89, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$155.00	$160.00	$165.00	Nov 13	$0.16	$4.84	11%	30.25
$162.50	$165.00	$167.50	Oct 2	$0.59	$1.91	44%	3.24
$165.00	$167.50	$170.00	Oct 2	$0.53	$1.97	40%	3.72
$170.00	$172.50	$175.00	Oct 2	$0.12	$2.38	14%	19.83
$162.50	$165.00	$167.50	Oct 23	$0.05	$2.45	8%	49.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$167.50	$170.00	$172.50	Oct 2	$0.18	$2.32	26%	12.89
$165.00	$167.50	$170.00	Oct 2	$0.51	$1.99	40%	3.90
$162.50	$165.00	$167.50	Oct 2	$0.59	$1.91	44%	3.24
$160.00	$162.50	$165.00	Oct 16	$0.08	$2.42	10%	30.25
$157.50	$160.00	$162.50	Oct 23	$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. 84 found (best net $-0.11, 73 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$162.50	$165.00	1:2	Oct 2	-$0.36	$2.14
$160.00	$162.50	1:2	Oct 2	-$1.52	$0.98
$175.00	$177.50	1:2	Oct 2	-$0.02	$2.48
$177.50	$180.00	1:2	Oct 2	-$0.01	$2.49
$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	-$0.11	$9.89
$170.00	$167.50	1:2	Oct 2	-$0.90	$1.60
$157.50	$155.00	1:2	Oct 2	-$0.03	$2.47
$155.00	$152.50	1:2	Oct 2	-$0.01	$2.49
$140.00	$139.00	1:2	Oct 2	$0.00	$1.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 69 found (best yield 5.83%, avg 3.55%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$180.00	Nov 13	$9.65	0.42	8.7%	5.83%	14.55%	179	2
$177.50	Nov 13	$10.40	0.44	7.2%	6.28%	13.49%	5	18
$175.00	Nov 13	$11.10	0.46	5.7%	6.70%	12.41%	6	4
$190.00	Nov 13	$7.00	0.34	14.8%	4.23%	18.99%	11	48
$172.50	Nov 13	$11.95	0.48	4.2%	7.22%	11.41%	1	--
$185.00	Nov 13	$8.10	0.37	11.7%	4.89%	16.63%	15	7
$170.00	Nov 13	$13.00	0.51	2.7%	7.85%	10.53%	8	3
$167.50	Nov 13	$14.10	0.54	1.2%	8.52%	9.69%	5	11
$195.00	Nov 13	$5.95	0.30	17.8%	3.59%	21.38%	150	--
$182.50	Nov 6	$7.95	0.39	10.2%	4.80%	15.03%	7	53

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 200,919

Total Puts 62,543

Put/Call Ratio 0.31

Net Difference 138,376

Prior's Put/Call Breakdown

Total Calls 255,323

Total Puts 100,608

Put/Call Ratio 0.39

Net Difference 154,715

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