MSTR - Options Database

MSTR

STRATEGY INC A

$164.83 +2.70%

(10/2 10:20) ◀

Friday, October 2, 2026 (10:25am)

▶ (10/2 10:30)

◀ 10/2 10:25 ▶

Option Volume

Detail

ℹ

Current (10/02 10:25am) 310,880

Calls: 226,143 (73%)

Puts: 84,737 (27%)

Prior (09/18) 448,583

Calls: 311,895 (70%)

Puts: 136,688 (30%)

Current vs Prior -30.70%

Calls: -27.49% (Calls)

Puts: -38.01% (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 -24.93%

Calls: -17.74%

Puts: -39.12%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/02 10:25am) $90.14M

Calls: $69.07M (77%)

Puts: $21.07M (23%)

Prior (09/18) $247.97M

Calls: $221.03M (89%)

Puts: $26.94M (11%)

Current vs Prior -63.65%

Calls: -68.75%

Puts: -21.79%

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 -47.83%

Calls: -28.48%

Puts: -72.35%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/02 10:25am) 0.37

Prior (09/18) 0.44

Current vs Prior -14.50%

Prior 7-Day Average 0.52

Current vs Prior 7-Day Avg -28.01%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/02 10:25am) 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 2.84% | 7.77%10.67% | 21.26%

Prior 2.80% | 8.20%2.80% | 17.09%

Current vs Prior +1.36% | -5.28%+280.75% | +24.44%

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

Current vs 7-Day Avg -26.61% | -11.07%+55.67% | +18.11%

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

Current vs 7-Day Eod +1.36% | -5.28%-4.79% | -3.10%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 4.84% | 2.36%

Calls: 4.35% | 2.15%

Puts: 5.33% | 2.57%

Prior 3.07% | 3.75%

Calls: 2.26% | 3.48%

Puts: 3.88% | 4.01%

Current vs Prior +57.65% | -37.07%

Prior 7-Day Avg 7.33% | 4.73%

Calls: 6.95% | 4.15%

Puts: 7.72% | 5.31%

Current vs 7-Day Avg -34.01% | -50.12%

Liquidity Good

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🤖 AI Insights

Strong bullish conviction with 77% of dollar volume in calls ($69.07M) vs puts ($21.07M). Light premium activity with dollar volume down 64% vs prior. Extreme bullish P/C ratio of 0.37 - heavy call buying (226,143 calls vs 84,737 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
10:25	BULLISH	BULLISH	BULLISH
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 238 of results (avg 5.0%, best 0.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$157.50	Oct 16	12.15	12.30	$12.23	1.2%	46	0.67	753
$155.00	Oct 30	17.20	17.50	$17.35	1.7%	221	0.67	315
$165.00	Oct 9	5.70	5.80	$5.75	1.7%	2.5K	0.51	8.1K
$157.50	Oct 23	13.90	14.15	$14.03	1.8%	9	0.65	271
$160.00	Oct 16	10.65	10.85	$10.75	1.9%	477	0.62	8.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Oct 23	16.10	16.25	$16.18	0.9%	20	0.62	101
$172.50	Oct 23	14.40	14.55	$14.48	1.0%	39	0.58	57
$170.00	Oct 9	8.85	8.95	$8.90	1.1%	502	0.62	947
$172.50	Oct 16	12.75	12.90	$12.83	1.2%	81	0.61	332
$177.50	Oct 16	16.40	16.60	$16.50	1.2%	24	0.69	31

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 30 found (avg $0.59, cheapest $0.10)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$172.50	Oct 2	0.09	0.10	$0.10	10.0%	6.0K	0.05	19.7K
$170.00	Oct 2	0.22	0.24	$0.23	8.7%	29.0K	0.11	30.5K
$167.50	Oct 2	0.59	0.64	$0.62	8.1%	26.3K	0.26	23.6K
$197.50	Oct 9	0.39	0.45	$0.42	14.3%	133	0.06	101
$195.00	Oct 9	0.47	0.53	$0.50	12.0%	259	0.07	738

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$155.00	Oct 2	0.05	0.06	$0.06	16.7%	2.7K	0.03	7.4K
$162.50	Oct 2	0.68	0.73	$0.71	7.0%	3.9K	0.28	2.0K
$140.00	Oct 9	0.20	0.23	$0.22	13.6%	686	0.04	3.6K
$143.00	Oct 9	0.28	0.34	$0.31	19.4%	34	0.05	528
$145.00	Oct 9	0.39	0.45	$0.42	14.3%	469	0.07	1.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 194 found (avg delta 0.79, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$132.00	Oct 2	31.35	34.10	$32.73	8.4%	6	1.00	176
$133.00	Oct 2	30.35	33.10	$31.73	8.7%	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	30.40	$29.45	6.5%	17	1.00	681
$140.00	Oct 2	23.50	25.35	$24.43	7.6%	45	1.00	733

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Oct 2	9.45	11.30	$10.38	17.8%	47	1.00	867
$177.50	Oct 2	12.15	14.15	$13.15	15.2%	2	1.00	40
$180.00	Oct 2	14.20	16.50	$15.35	15.0%	3	1.00	43
$195.00	Oct 2	29.05	31.50	$30.28	8.1%	1	1.00	4
$172.50	Oct 2	7.35	8.75	$8.05	17.4%	100	0.94	158

Most actively traded options today. High liquidity = easy entry/exit. 357 active (total vol 271.1K, top 29.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$170.00	Oct 2	0.22	0.24	$0.23	8.7%	29.0K	0.11	30.5K
$167.50	Oct 2	0.59	0.64	$0.62	8.1%	26.3K	0.26	23.6K
$162.50	Oct 2	2.92	3.05	$2.99	4.3%	26.1K	0.72	30.9K
$175.00	Oct 9	2.47	2.56	$2.52	3.6%	16.1K	0.28	2.0K
$170.00	Oct 9	3.75	3.90	$3.83	3.9%	13.5K	0.38	4.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$165.00	Oct 2	1.65	1.74	$1.69	5.3%	10.2K	0.52	1.5K
$160.00	Oct 2	0.22	0.27	$0.25	20.0%	7.3K	0.12	5.4K
$162.50	Oct 2	0.68	0.73	$0.71	7.0%	3.9K	0.28	2.0K
$167.50	Oct 2	3.25	3.45	$3.35	6.0%	3.8K	0.74	351
$150.00	Oct 2	0.02	0.03	$0.03	33.3%	3.0K	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. 8 strikes (avg 31.6%, max 45.7%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$162.50	Oct 2	Nov 6	94.7%	65.0%	45.7%	26.1K	31.0K
$165.00	Oct 2	Nov 13	93.5%	66.1%	41.4%	10.5K	29.8K
$167.50	Oct 2	Nov 13	95.1%	67.9%	40.1%	26.3K	23.6K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$162.50	Oct 2	Nov 13	95.1%	66.4%	43.1%	3.9K	2.0K
$167.50	Oct 2	Nov 13	95.1%	67.9%	40.1%	3.8K	363
$165.00	Oct 2	Nov 13	92.6%	66.1%	40.0%	10.3K	1.6K
$182.50	Oct 9	Oct 30	70.0%	69.0%	1.5%	11	30
$190.00	Oct 16	Oct 23	70.0%	69.4%	0.8%	7	418

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 220 found (best R:R 2.68, avg 3.05)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$150.00	$152.50	Nov 6	$0.68	$1.82	$0.68	71%	2.68	$150.68
$157.50	$160.00	Nov 6	$0.53	$1.97	$0.53	62%	3.72	$158.03
$160.00	$165.00	Nov 13	$1.97	$3.03	$1.97	59%	1.54	$161.97
$167.50	$170.00	Nov 13	$0.50	$2.00	$0.50	51%	4.00	$168.00
$144.00	$145.00	Oct 23	$0.12	$0.88	$0.12	84%	7.33	$144.12

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$170.00	$167.50	Nov 13	$0.47	$2.03	$0.47	51%	4.32	$169.53
$172.50	$170.00	Nov 6	$0.77	$1.73	$0.77	54%	2.25	$171.73
$162.50	$160.00	Nov 6	$0.77	$1.73	$0.77	43%	2.25	$161.73
$140.00	$135.00	Nov 6	$0.70	$4.30	$0.70	18%	6.14	$139.30
$167.50	$165.00	Oct 2	$1.66	$0.84	$1.66	74%	0.51	$165.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 148 found (best R:R 0.94, avg 0.48)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$182.50	$185.00	Nov 6	$1.57	$1.57	$0.93	62%	1.69	$184.07
$170.00	$172.50	Nov 13	$1.45	$1.45	$1.05	51%	1.38	$171.45
$177.50	$180.00	Nov 13	$1.15	$1.15	$1.35	58%	0.85	$178.65
$165.00	$167.50	Nov 13	$1.45	$1.45	$1.05	46%	1.38	$166.45
$177.50	$180.00	Nov 6	$1.11	$1.11	$1.39	59%	0.80	$178.61

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$155.00	$145.00	Nov 13	$4.84	$4.84	$5.16	65%	0.94	$150.16
$162.50	$160.00	Nov 13	$1.78	$1.78	$0.72	57%	2.47	$160.72
$145.00	$144.00	Nov 6	$0.88	$0.88	$0.12	76%	7.33	$144.12
$141.00	$140.00	Nov 6	$0.72	$0.72	$0.28	80%	2.57	$140.28
$157.50	$155.00	Nov 6	$1.35	$1.35	$1.15	63%	1.17	$156.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $4.21, cheapest $4.27)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$165.00	Oct 2	Oct 9	$4.27	93.5%	63.2%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$165.00	Oct 2	Oct 9	$4.14	92.6%	63.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 87 found (cheapest 1.92% of stock, avg 12.14%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$165.00	Oct 2	$1.48	$1.69	$3.17	$161.83	$168.17	1.92%
$162.50	Oct 2	$2.99	$0.71	$3.70	$158.80	$166.20	2.24%
$167.50	Oct 2	$0.62	$3.35	$3.97	$163.53	$171.47	2.41%
$160.00	Oct 2	$5.05	$0.25	$5.30	$154.70	$165.30	3.22%
$170.00	Oct 2	$0.23	$5.40	$5.63	$164.37	$175.63	3.42%
$157.50	Oct 2	$7.58	$0.10	$7.68	$149.82	$165.18	4.66%
$172.50	Oct 2	$0.10	$8.05	$8.15	$164.35	$180.65	4.94%
$175.00	Oct 2	$0.05	$10.38	$10.43	$164.57	$185.43	6.33%
$155.00	Oct 2	$10.40	$0.06	$10.46	$144.54	$165.46	6.35%
$162.50	Oct 9	$6.98	$4.58	$11.56	$150.94	$174.06	7.01%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 158 found (cheapest 0.21% of stock, avg 9.60%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$172.50	$160.00	Oct 2	$0.10	$0.25	$0.35	$159.65	$172.85
$170.00	$160.00	Oct 2	$0.23	$0.25	$0.48	$159.52	$170.48
$167.50	$160.00	Oct 2	$0.62	$0.25	$0.87	$159.13	$168.37
$172.50	$162.50	Oct 2	$0.10	$0.71	$0.81	$161.69	$173.31
$170.00	$162.50	Oct 2	$0.23	$0.71	$0.94	$161.56	$170.94
$167.50	$162.50	Oct 2	$0.62	$0.71	$1.33	$161.17	$168.83
$165.00	$160.00	Oct 2	$1.48	$0.25	$1.73	$158.27	$166.73
$165.00	$162.50	Oct 2	$1.48	$0.71	$2.19	$160.31	$167.19
$177.50	$155.00	Oct 9	$2.04	$1.89	$3.93	$151.07	$181.43
$175.00	$155.00	Oct 9	$2.52	$1.89	$4.41	$150.59	$179.41

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 207 found (best R:R 2.13, avg credit $0.79)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
144/145	185/188	Nov 6	$1.70	$0.80	42%	2.13	$143.30	$186.70
150/152	185/188	Nov 6	$1.84	$0.66	34%	2.79	$150.66	$186.84
140/141	185/188	Nov 6	$1.54	$0.96	46%	1.60	$139.46	$186.54
152/155	185/188	Nov 6	$1.72	$0.78	32%	2.21	$153.28	$186.72
158/160	188/190	Oct 9	$1.05	$1.45	54%	0.72	$158.95	$188.55
155/158	188/190	Oct 9	$0.88	$1.62	60%	0.54	$156.62	$188.38
140/141	190/195	Nov 13	$2.60	$2.40	46%	1.08	$138.40	$192.60
158/160	185/188	Oct 9	$1.09	$1.41	51%	0.77	$158.91	$186.09
155/158	185/188	Oct 9	$0.92	$1.58	58%	0.58	$156.58	$185.92
152/155	188/190	Oct 9	$0.71	$1.79	66%	0.40	$154.29	$188.21

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 157 found (best R:R 5.41, cheapest $0.06)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$152.50	$155.00	$157.50	Oct 9	$0.06	$2.44	11%	40.67
$162.50	$165.00	$167.50	Oct 2	$0.65	$1.85	46%	2.85
$165.00	$167.50	$170.00	Oct 2	$0.47	$2.03	37%	4.32
$185.00	$190.00	$195.00	Nov 13	$0.12	$4.88	8%	40.67
$160.00	$162.50	$165.00	Oct 2	$0.55	$1.95	40%	3.55

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$165.00	$167.50	$170.00	Oct 2	$0.39	$2.11	37%	5.41
$160.00	$162.50	$165.00	Oct 2	$0.52	$1.98	40%	3.81
$157.50	$160.00	$162.50	Oct 16	$0.06	$2.44	10%	40.67
$162.50	$165.00	$167.50	Oct 2	$0.68	$1.82	46%	2.68
$185.00	$190.00	$195.00	Oct 16	$0.15	$4.85	8%	32.33

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 $-0.42, 78 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$160.00	$162.50	1:2	Oct 2	-$0.93	$1.57
$172.50	$175.00	1:2	Oct 2	$0.00	$2.50
$175.00	$177.50	1:2	Oct 2	-$0.01	$2.49
$177.50	$180.00	1:2	Oct 2	-$0.01	$2.49
$182.50	$185.00	1:2	Oct 2	-$0.03	$2.47

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$195.00	$180.00	1:2	Oct 2	-$0.42	$14.58
$155.00	$145.00	1:2	Nov 13	-$0.05	$9.95
$167.50	$165.00	1:2	Oct 2	-$0.03	$2.47
$170.00	$167.50	1:2	Oct 2	-$1.30	$1.20
$157.50	$155.00	1:2	Oct 2	-$0.02	$2.48

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 76 found (best yield 4.64%, avg 3.49%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$185.00	Nov 13	$7.65	0.36	12.2%	4.64%	16.88%	15	7
$190.00	Nov 13	$6.55	0.32	15.3%	3.97%	19.24%	21	48
$180.00	Nov 13	$8.50	0.40	9.2%	5.16%	14.36%	193	2
$165.00	Nov 13	$14.45	0.54	0.1%	8.77%	8.87%	16	4
$177.50	Nov 13	$9.20	0.42	7.7%	5.58%	13.27%	5	18
$175.00	Nov 13	$10.00	0.44	6.2%	6.07%	12.24%	6	4
$172.50	Nov 13	$10.75	0.46	4.7%	6.52%	11.18%	1	--
$167.50	Nov 13	$12.85	0.51	1.6%	7.80%	9.42%	6	11
$170.00	Nov 13	$11.65	0.49	3.1%	7.07%	10.20%	8	3
$172.50	Nov 6	$10.50	0.46	4.7%	6.37%	11.02%	6	25

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 226,143

Total Puts 84,737

Put/Call Ratio 0.37

Net Difference 141,406

Prior's Put/Call Breakdown

Total Calls 311,895

Total Puts 136,688

Put/Call Ratio 0.44

Net Difference 175,207

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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