MSTR - Options Database

MSTR

STRATEGY INC A

$164.17 +2.29%

(10/2 10:15) ◀

Friday, October 2, 2026 (10:20am)

▶ (10/2 10:25)

◀ 10/2 10:20 ▶

Option Volume

Detail

ℹ

Current (10/02 10:20am) 300,578

Calls: 219,257 (73%)

Puts: 81,321 (27%)

Prior (09/18) 415,645

Calls: 292,369 (70%)

Puts: 123,276 (30%)

Current vs Prior -27.68%

Calls: -25.01% (Calls)

Puts: -34.03% (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 -27.42%

Calls: -20.25%

Puts: -41.58%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/02 10:20am) $84.15M

Calls: $62.48M (74%)

Puts: $21.67M (26%)

Prior (09/18) $209.63M

Calls: $183.46M (88%)

Puts: $26.17M (12%)

Current vs Prior -59.86%

Calls: -65.94%

Puts: -17.17%

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 -51.29%

Calls: -35.30%

Puts: -71.56%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/02 10:20am) 0.37

Prior (09/18) 0.42

Current vs Prior -12.04%

Prior 7-Day Average 0.52

Current vs Prior 7-Day Avg -28.74%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/02 10:20am) 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 2.83% | 7.74%10.71% | 21.28%

Prior 2.80% | 8.20%2.80% | 17.09%

Current vs Prior +0.90% | -5.72%+282.28% | +24.51%

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

Current vs 7-Day Avg -26.95% | -11.48%+56.30% | +18.18%

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

Current vs 7-Day Eod +0.90% | -5.72%-4.41% | -3.04%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 4.60% | 3.15%

Calls: 3.89% | 3.03%

Puts: 5.31% | 3.28%

Prior 3.07% | 3.75%

Calls: 2.26% | 3.48%

Puts: 3.88% | 4.01%

Current vs Prior +49.84% | -16.00%

Prior 7-Day Avg 7.33% | 4.73%

Calls: 6.95% | 4.15%

Puts: 7.72% | 5.31%

Current vs 7-Day Avg -37.28% | -33.42%

Liquidity Acceptable

Add Card

🤖 AI Insights

Moderately bullish flow with 74% call dollar volume ($62.48M). Light premium activity with dollar volume down 60% vs prior. Extreme bullish P/C ratio of 0.37 - heavy call buying (219,257 calls vs 81,321 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
10:20	BULLISH	BULLISH	BULLISH
10:15	BULLISH	BULLISH	BULLISH
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 205 of results (avg 4.9%, best 0.8%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Oct 30	14.15	14.35	$14.25	1.4%	175	0.59	750
$160.00	Oct 16	10.30	10.45	$10.38	1.4%	473	0.61	8.7K
$155.00	Oct 30	16.85	17.15	$17.00	1.8%	220	0.66	315
$157.50	Oct 30	15.45	15.75	$15.60	1.9%	14	0.63	83
$155.00	Oct 23	14.95	15.25	$15.10	2.0%	105	0.68	465

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Oct 16	5.95	6.00	$5.98	0.8%	252	0.39	4.5K
$175.00	Oct 23	16.45	16.70	$16.58	1.5%	20	0.62	101
$175.00	Oct 16	14.85	15.10	$14.98	1.7%	142	0.67	1.0K
$172.50	Oct 23	14.70	14.95	$14.83	1.7%	39	0.59	57
$170.00	Oct 16	11.40	11.60	$11.50	1.7%	123	0.58	1.9K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 22 found (avg $0.64, cheapest $0.20)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$170.00	Oct 2	0.19	0.21	$0.20	10.0%	27.2K	0.10	30.5K
$167.50	Oct 2	0.50	0.55	$0.53	9.4%	26.0K	0.22	23.6K
$195.00	Oct 9	0.43	0.48	$0.45	11.1%	259	0.06	738
$192.50	Oct 9	0.51	0.56	$0.54	9.3%	44	0.07	95
$190.00	Oct 9	0.62	0.68	$0.65	9.2%	629	0.09	1.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$155.00	Oct 2	0.06	0.07	$0.07	14.3%	2.5K	0.03	7.4K
$160.00	Oct 2	0.31	0.36	$0.34	14.7%	6.0K	0.15	5.4K
$162.50	Oct 2	0.89	0.95	$0.92	6.5%	3.6K	0.33	2.0K
$144.00	Oct 9	0.36	0.41	$0.39	12.8%	16	0.06	767
$147.00	Oct 9	0.60	0.66	$0.63	9.5%	45	0.09	527

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 193 found (avg delta 0.79, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$132.00	Oct 2	30.20	34.80	$32.50	14.2%	6	1.00	176
$133.00	Oct 2	29.95	33.90	$31.92	12.4%	13	1.00	355
$134.00	Oct 2	28.50	33.05	$30.78	14.8%	10	1.00	184
$135.00	Oct 2	28.50	29.60	$29.05	3.8%	17	1.00	681
$136.00	Oct 2	26.80	30.85	$28.83	14.0%	9	1.00	468

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Oct 2	28.45	33.05	$30.75	15.0%	1	1.00	4
$180.00	Oct 2	15.15	17.00	$16.08	11.5%	3	0.99	43
$177.50	Oct 2	12.25	14.70	$13.48	18.2%	2	0.98	40
$175.00	Oct 2	8.50	12.10	$10.30	35.0%	47	0.98	867
$172.50	Oct 2	7.80	9.85	$8.82	23.2%	99	0.95	158

Most actively traded options today. High liquidity = easy entry/exit. 351 active (total vol 261.3K, top 27.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$170.00	Oct 2	0.19	0.21	$0.20	10.0%	27.2K	0.10	30.5K
$167.50	Oct 2	0.50	0.55	$0.53	9.4%	26.0K	0.22	23.6K
$162.50	Oct 2	2.52	2.62	$2.57	3.9%	25.8K	0.67	30.9K
$175.00	Oct 9	2.25	2.33	$2.29	3.5%	15.9K	0.26	2.0K
$170.00	Oct 9	3.50	3.65	$3.58	4.2%	13.3K	0.37	4.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$165.00	Oct 2	2.01	2.12	$2.07	5.3%	9.9K	0.57	1.5K
$160.00	Oct 2	0.31	0.36	$0.34	14.7%	6.0K	0.15	5.4K
$167.50	Oct 2	3.75	3.90	$3.83	3.9%	3.8K	0.78	351
$162.50	Oct 2	0.89	0.95	$0.92	6.5%	3.6K	0.33	2.0K
$150.00	Oct 2	0.02	0.03	$0.03	33.3%	2.9K	0.01	9.8K

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 38.5%, max 58.0%)

CALLS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$160.00	Oct 2	Nov 13	98.9%	62.6%	58.0%	6.9K	9.2K
$162.50	Oct 2	Nov 6	94.9%	64.4%	47.4%	25.8K	31.0K
$167.50	Oct 2	Nov 13	98.4%	67.5%	45.9%	26.0K	23.6K
$165.00	Oct 2	Nov 13	94.8%	66.7%	42.1%	9.3K	29.8K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$160.00	Oct 2	Nov 13	98.9%	62.6%	58.0%	6.0K	5.6K
$167.50	Oct 2	Nov 13	98.4%	67.5%	45.9%	3.8K	363
$162.50	Oct 2	Nov 13	94.9%	66.1%	43.4%	3.6K	2.0K
$165.00	Oct 2	Nov 13	94.8%	66.7%	42.1%	10.0K	1.6K
$190.00	Oct 16	Oct 23	69.8%	68.7%	1.6%	7	418

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 222 found (best R:R 2.33, avg 3.12)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$140.00	$143.00	Nov 6	$0.90	$2.10	$0.90	82%	2.33	$140.90
$150.00	$152.50	Oct 30	$0.60	$1.90	$0.60	72%	3.17	$150.60
$150.00	$152.50	Nov 6	$0.67	$1.83	$0.67	71%	2.73	$150.67
$180.00	$185.00	Nov 13	$0.80	$4.20	$0.80	39%	5.25	$180.80
$157.50	$160.00	Nov 6	$0.48	$2.02	$0.48	62%	4.21	$157.98

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$175.00	$172.50	Oct 2	$1.48	$1.02	$1.48	98%	0.69	$173.52
$170.00	$167.50	Nov 13	$0.47	$2.03	$0.47	51%	4.32	$169.53
$180.00	$177.50	Oct 30	$1.00	$1.50	$1.00	65%	1.50	$179.00
$185.00	$182.50	Oct 30	$1.14	$1.36	$1.14	70%	1.19	$183.86
$172.50	$170.00	Nov 6	$0.77	$1.73	$0.77	54%	2.25	$171.73

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 147 found (best R:R 0.97, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$182.50	$185.00	Nov 6	$1.77	$1.77	$0.73	62%	2.42	$184.27
$170.00	$172.50	Nov 13	$1.60	$1.60	$0.90	51%	1.78	$171.60
$177.50	$180.00	Nov 6	$1.36	$1.36	$1.14	59%	1.19	$178.86
$177.50	$180.00	Nov 13	$1.33	$1.33	$1.17	58%	1.14	$178.83
$170.00	$172.50	Nov 6	$1.35	$1.35	$1.15	51%	1.17	$171.35

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$155.00	$145.00	Nov 13	$4.93	$4.93	$5.07	65%	0.97	$150.07
$162.50	$160.00	Nov 13	$2.05	$2.05	$0.45	56%	4.56	$160.45
$160.00	$157.50	Nov 6	$1.48	$1.48	$1.02	59%	1.45	$158.52
$141.00	$140.00	Nov 6	$0.55	$0.55	$0.45	80%	1.22	$140.45
$157.50	$155.00	Nov 6	$1.22	$1.22	$1.28	62%	0.95	$156.28

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $4.03, cheapest $3.86)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$162.50	Oct 2	Oct 9	$4.03	94.9%	61.2%
$165.00	Oct 2	Oct 9	$4.18	94.8%	62.8%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$162.50	Oct 2	Oct 9	$3.86	94.9%	61.2%
$165.00	Oct 2	Oct 9	$4.03	94.8%	62.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 92 found (cheapest 2.02% of stock, avg 12.21%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$165.00	Oct 2	$1.25	$2.07	$3.32	$161.68	$168.32	2.02%
$162.50	Oct 2	$2.57	$0.92	$3.49	$159.01	$165.99	2.13%
$167.50	Oct 2	$0.53	$3.83	$4.36	$163.14	$171.86	2.66%
$160.00	Oct 2	$4.50	$0.34	$4.84	$155.16	$164.84	2.95%
$170.00	Oct 2	$0.20	$5.98	$6.18	$163.82	$176.18	3.76%
$157.50	Oct 2	$6.88	$0.14	$7.02	$150.48	$164.52	4.28%
$172.50	Oct 2	$0.09	$8.82	$8.91	$163.59	$181.41	5.43%
$155.00	Oct 2	$9.32	$0.07	$9.39	$145.61	$164.39	5.72%
$175.00	Oct 2	$0.05	$10.30	$10.35	$164.65	$185.35	6.30%
$162.50	Oct 9	$6.60	$4.78	$11.38	$151.12	$173.88	6.93%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 159 found (cheapest 0.21% of stock, avg 9.52%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$170.00	$157.50	Oct 2	$0.20	$0.14	$0.34	$157.16	$170.34
$170.00	$160.00	Oct 2	$0.20	$0.34	$0.54	$159.46	$170.54
$167.50	$157.50	Oct 2	$0.53	$0.14	$0.67	$156.83	$168.17
$167.50	$160.00	Oct 2	$0.53	$0.34	$0.87	$159.13	$168.37
$170.00	$162.50	Oct 2	$0.20	$0.92	$1.12	$161.38	$171.12
$167.50	$162.50	Oct 2	$0.53	$0.92	$1.45	$161.05	$168.95
$165.00	$157.50	Oct 2	$1.25	$0.14	$1.39	$156.11	$166.39
$165.00	$160.00	Oct 2	$1.25	$0.34	$1.59	$158.41	$166.59
$165.00	$162.50	Oct 2	$1.25	$0.92	$2.17	$160.33	$167.17
$175.00	$152.50	Oct 9	$2.29	$1.42	$3.71	$148.79	$178.71

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 217 found (best R:R 1.94, avg credit $0.74)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
144/145	185/188	Nov 6	$1.65	$0.85	43%	1.94	$143.35	$186.65
152/155	185/188	Nov 6	$1.75	$0.75	32%	2.33	$153.25	$186.75
150/152	185/188	Nov 6	$1.62	$0.88	34%	1.84	$150.88	$186.62
144/145	188/190	Nov 6	$1.33	$1.17	45%	1.14	$143.67	$188.83
140/141	185/188	Nov 6	$1.27	$1.23	46%	1.03	$139.73	$186.27
140/141	190/195	Nov 13	$2.63	$2.37	46%	1.11	$138.37	$192.63
155/158	188/190	Oct 9	$0.91	$1.59	60%	0.57	$156.59	$188.41
142/143	188/190	Oct 9	$0.32	$2.18	83%	0.15	$142.68	$187.82
152/155	188/190	Oct 9	$0.74	$1.76	66%	0.42	$154.26	$188.24
155/158	182/185	Oct 9	$1.00	$1.50	55%	0.67	$156.50	$183.50

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 155 found (best R:R 3.17, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$162.50	$165.00	$167.50	Oct 2	$0.60	$1.90	45%	3.17
$165.00	$167.50	$170.00	Oct 2	$0.39	$2.11	33%	5.41
$167.50	$170.00	$172.50	Oct 9	$0.07	$2.43	12%	34.71
$155.00	$157.50	$160.00	Oct 2	$0.06	$2.44	10%	40.67
$162.50	$165.00	$167.50	Oct 9	$0.12	$2.38	14%	19.83

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$165.00	$167.50	$170.00	Oct 2	$0.39	$2.11	33%	5.41
$162.50	$165.00	$167.50	Oct 2	$0.61	$1.89	45%	3.10
$160.00	$162.50	$165.00	Oct 2	$0.57	$1.93	42%	3.39
$165.00	$167.50	$170.00	Oct 16	$0.05	$2.45	9%	49.00
$157.50	$160.00	$162.50	Oct 23	$0.05	$2.45	8%	49.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 83 found (best net $-1.41, 74 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$160.00	$162.50	1:2	Oct 2	-$0.64	$1.86
$157.50	$160.00	1:2	Oct 2	-$2.12	$0.38
$172.50	$175.00	1:2	Oct 2	-$0.01	$2.49
$175.00	$177.50	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
$195.00	$180.00	1:2	Oct 2	-$1.41	$13.59
$167.50	$165.00	1:2	Oct 2	-$0.31	$2.19
$170.00	$167.50	1:2	Oct 2	-$1.68	$0.82
$157.50	$155.00	1:2	Oct 2	$0.00	$2.50
$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. 74 found (best yield 4.57%, avg 3.50%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$185.00	Nov 13	$7.50	0.36	12.7%	4.57%	17.26%	15	7
$177.50	Nov 13	$9.20	0.42	8.1%	5.60%	13.72%	5	18
$175.00	Nov 13	$10.00	0.44	6.6%	6.09%	12.69%	6	4
$190.00	Nov 13	$6.50	0.32	15.7%	3.96%	19.69%	21	48
$180.00	Nov 13	$8.50	0.39	9.6%	5.18%	14.82%	193	2
$172.50	Nov 13	$10.75	0.46	5.1%	6.55%	11.62%	1	--
$170.00	Nov 13	$11.65	0.49	3.5%	7.10%	10.65%	8	3
$167.50	Nov 13	$12.70	0.51	2.0%	7.74%	9.76%	6	11
$172.50	Nov 6	$10.50	0.46	5.1%	6.40%	11.47%	6	25
$195.00	Nov 13	$5.50	0.28	18.8%	3.35%	22.13%	152	--

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 219,257

Total Puts 81,321

Put/Call Ratio 0.37

Net Difference 137,936

Prior's Put/Call Breakdown

Total Calls 292,369

Total Puts 123,276

Put/Call Ratio 0.42

Net Difference 169,093

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