Tour v526
MSTR
STRATEGY INC A
$123.19 -1.35%
$123.40 (+0.17%)🌙
as of 09/02 06:04 PM
9/2 18:04

Option Volume

Detail
Current (09/02) 248,051
Calls: 177,842 (72%)
Puts: 70,209 (28%)
Prior (09/01) 251,865
Calls: 139,285 (55%)
Puts: 112,580 (45%)
Current vs Prior -1.51%
Calls: +27.68% (Calls)
Puts: -37.64% (Puts)
Prior 7-Day Total 4,144,141
Calls: 2,799,035 (68%)
Puts: 1,345,106 (32%)
Prior 7-Day Average 592,020
Calls: 399,862 (68%)
Puts: 192,158 (32%)
Current vs Prior 7-Day Avg -58.10%
Calls: -55.52%
Puts: -63.46%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/02) $75.95M
Calls: $46.41M (61%)
Puts: $29.54M (39%)
Prior (09/01) $119.17M
Calls: $66.73M (56%)
Puts: $52.45M (44%)
Current vs Prior -36.27%
Calls: -30.45%
Puts: -43.68%
Prior 7-Day Total $2.95B
Calls: $2.25B (76%)
Puts: $699.71M (24%)
Prior 7-Day Average $420.75M
Calls: $320.79M (76%)
Puts: $99.96M (24%)
Current vs Prior 7-Day Avg -81.95%
Calls: -85.53%
Puts: -70.45%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02) 0.39
Prior (09/01) 0.81
Current vs Prior -51.16%
Prior 7-Day Average 0.57
Current vs Prior 7-Day Avg -30.91%
Sentiment BULLISH

Open Interest

Detail
Current (09/02) 2,730,265
Calls: 1,540,373 (56%)
Puts: 1,189,892 (44%)
Prior (09/01) 2,692,365
Calls: 1,524,475 (57%)
Puts: 1,167,890 (43%)
Current vs Prior +1.41%
Prior 7-Day Total 19,675,645
Calls: 10,962,760 (56%)
Puts: 8,712,885 (44%)
Prior 7-Day Average 2,810,806
Calls: 1,566,108 (56%)
Puts: 1,244,697 (44%)
Current vs Prior 7-Day Avg -2.87%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 5.07% | 8.55%11.51% | 21.11%
Prior 6.13% | 9.25%12.08% | 21.39%
Current vs Prior -17.18% | -7.58%-4.68% | -1.32%
Prior 7-Day Avg 6.72% | 10.28%12.14% | 22.36%
Current vs 7-Day Avg -24.50% | -16.85%-5.16% | -5.63%
Prior 7-Day Eod 6.13% | 9.25%12.08% | 21.39%
Current vs 7-Day Eod -17.18% | -7.58%-4.68% | -1.32%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 4.88% | 5.45%
Calls: 5.98% | 3.48%
Puts: 3.77% | 7.41%
Prior 4.88% | 5.45%
Calls: 5.98% | 3.48%
Puts: 3.77% | 7.41%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 4.88% | 5.45%
Calls: 5.98% | 3.48%
Puts: 3.77% | 7.41%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Acceptable
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🤖 AI Insights

Moderately bullish flow with 61% call dollar volume ($46.41M). Extreme bullish P/C ratio of 0.39 - heavy call buying (177,842 calls vs 70,209 puts). P/C ratio dropping 51% - 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 NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg 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

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 384 of results (avg 5.4%, best 1.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Oct 1619.1019.50$19.302.1%1290.721.8K
$130.00Oct 169.309.50$9.402.1%5490.4613.4K
$123.00Sep 42.933.00$2.972.4%1.8K0.53327
$115.00Oct 1616.0016.40$16.202.5%90.661.0K
$135.00Oct 167.657.85$7.752.6%1.1K0.402.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Oct 1626.3026.70$26.501.5%20.701.1K
$140.00Oct 1622.4022.80$22.601.8%320.65985
$125.00Oct 1612.3512.60$12.482.0%2840.471.5K
$135.00Oct 1618.7519.15$18.952.1%500.601.4K
$130.00Oct 1615.4015.75$15.582.2%2590.541.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 18 found (avg $0.59, cheapest $0.10)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Sep 40.090.10$0.1010.0%23.1K0.0324.4K
$135.00Sep 40.300.34$0.3212.5%3.2K0.0912.1K
$133.00Sep 40.420.49$0.4515.6%3370.123.1K
$131.00Sep 40.650.72$0.6910.1%9480.1712.7K
$130.00Sep 40.810.85$0.834.8%6.0K0.2011.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$114.00Sep 40.280.33$0.3116.1%1430.091.0K
$115.00Sep 40.380.42$0.4010.0%2.1K0.116.0K
$105.00Sep 40.050.06$0.0616.7%2990.023.6K
$117.00Sep 40.640.75$0.7015.7%7700.18844
$118.00Sep 40.830.97$0.9015.6%1.0K0.223.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 246 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Sep 422.9023.55$23.232.8%1660.996.1K
$101.00Sep 421.9022.65$22.283.4%390.99655
$104.00Sep 418.9019.50$19.203.1%240.99468
$103.00Sep 419.9020.45$20.172.7%420.99311
$99.00Sep 423.9024.55$24.232.7%60.99564
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Sep 416.7017.30$17.003.5%461.00325
$141.00Sep 417.4518.30$17.884.8%1011.00226
$142.00Sep 418.7019.25$18.982.9%--1.0041
$143.00Sep 419.7020.25$19.982.8%--1.0011
$144.00Sep 420.6021.25$20.933.1%11.00296

Most actively traded options today. High liquidity = easy entry/exit. 483 active (total vol 188.8K, top 23.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Sep 40.090.10$0.1010.0%23.1K0.0324.4K
$146.00Sep 40.020.03$0.0333.3%21.3K0.0120.1K
$125.00Sep 42.022.18$2.107.6%8.7K0.422.3K
$141.00Sep 40.070.10$0.0933.3%6.4K0.0313.1K
$130.00Sep 40.810.85$0.834.8%6.0K0.2011.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Sep 41.361.46$1.417.1%9.0K0.315.3K
$122.00Sep 42.092.25$2.177.4%2.7K0.421.1K
$115.00Sep 40.380.42$0.4010.0%2.1K0.116.0K
$121.00Sep 41.631.83$1.7311.6%1.9K0.36554
$110.00Sep 40.100.13$0.1225.0%1.9K0.045.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 30 strikes (avg 16.8%, max 22.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$131.00Sep 4Oct 985.7%70.4%21.9%95412.7K
$129.00Sep 4Oct 984.3%70.2%20.0%1.6K2.3K
$128.00Sep 4Oct 984.0%70.2%19.6%2.2K2.7K
$118.00Sep 4Oct 979.3%66.4%19.5%35238
$117.00Sep 4Oct 979.6%66.9%19.0%42269
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$131.00Sep 4Oct 285.7%70.1%22.3%33349
$128.00Sep 4Oct 284.0%69.7%20.5%3401.3K
$129.00Sep 4Oct 984.3%70.2%20.0%402.5K
$118.00Sep 4Oct 979.3%66.4%19.5%1.1K3.3K
$117.00Sep 4Oct 979.6%66.9%19.0%910888

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 300 found (best R:R 0.56, avg 2.45)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$105.00$110.00Oct 16$3.20$1.80$3.2078%0.56$108.20
$125.00$130.00Oct 16$1.83$3.17$1.8352%1.73$126.83
$135.00$140.00Oct 16$1.32$3.68$1.3240%2.79$136.32
$120.00$125.00Oct 16$2.29$2.71$2.2959%1.18$122.29
$140.00$145.00Oct 16$1.10$3.90$1.1035%3.55$141.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$127.00$126.00Sep 18$0.35$0.65$0.3556%1.86$126.65
$119.00$118.00Sep 4$0.15$0.85$0.1525%5.67$118.85
$127.00$126.00Oct 2$0.45$0.55$0.4552%1.22$126.55
$120.00$119.00Sep 25$0.35$0.65$0.3541%1.86$119.65
$108.00$107.00Sep 25$0.15$0.85$0.1519%5.67$107.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 213 found (best R:R 0.65, avg 0.46)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$136.00$137.00Oct 9$0.42$0.42$0.5863%0.72$136.42
$127.00$128.00Oct 9$0.50$0.50$0.5051%1.00$127.50
$144.00$145.00Oct 9$0.30$0.30$0.7071%0.43$144.30
$132.00$133.00Sep 4$0.14$0.14$0.8685%0.16$132.14
$125.00$126.00Sep 25$0.50$0.50$0.5050%1.00$125.50
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$115.00$110.00Oct 16$1.97$1.97$3.0366%0.65$113.03
$120.00$115.00Oct 16$2.33$2.33$2.6759%0.87$117.67
$105.00$100.00Oct 16$1.21$1.21$3.7979%0.32$103.79
$110.00$105.00Oct 9$1.41$1.41$3.5974%0.39$108.59
$110.00$105.00Oct 16$1.45$1.45$3.5573%0.41$108.55

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 16 found (avg debit $2.10, cheapest $2.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$126.00Sep 4Sep 11$2.0581.8%65.9%
$127.00Sep 4Sep 11$2.0281.7%66.3%
$123.00Sep 4Sep 11$2.1678.8%64.3%
$125.00Sep 4Sep 11$2.1580.4%66.2%
$120.00Sep 4Sep 11$2.1077.7%63.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$126.00Sep 4Sep 11$2.0581.8%65.9%
$127.00Sep 4Sep 11$2.0081.7%66.3%
$123.00Sep 4Sep 11$2.1678.8%64.3%
$125.00Sep 4Sep 11$2.0580.4%66.2%
$120.00Sep 4Sep 11$1.9977.7%63.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 148 found (cheapest 4.59% of stock, avg 12.80%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$123.00Sep 4$2.97$2.69$5.66$117.34$128.664.59%
$121.00Sep 4$3.97$1.73$5.70$115.30$126.704.63%
$122.00Sep 4$3.53$2.17$5.70$116.30$127.704.63%
$124.00Sep 4$2.46$3.28$5.74$118.26$129.744.66%
$125.00Sep 4$2.10$3.88$5.98$119.02$130.984.85%
$120.00Sep 4$4.60$1.41$6.01$113.99$126.014.88%
$126.00Sep 4$1.78$4.55$6.33$119.67$132.335.14%
$119.00Sep 4$5.30$1.05$6.35$112.65$125.355.15%
$127.00Sep 4$1.46$5.25$6.71$120.29$133.715.45%
$118.00Sep 4$6.00$0.90$6.90$111.10$124.905.60%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 1.87% of stock, avg 10.24%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$128.00$119.00Sep 4$1.25$1.05$2.30$116.70$130.30
$127.00$119.00Sep 4$1.46$1.05$2.51$116.49$129.51
$128.00$120.00Sep 4$1.25$1.41$2.66$117.34$130.66
$127.00$120.00Sep 4$1.46$1.41$2.87$117.13$129.87
$126.00$119.00Sep 4$1.78$1.05$2.83$116.17$128.83
$128.00$121.00Sep 4$1.25$1.73$2.98$118.02$130.98
$127.00$121.00Sep 4$1.46$1.73$3.19$117.81$130.19
$126.00$120.00Sep 4$1.78$1.41$3.19$116.81$129.19
$126.00$121.00Sep 4$1.78$1.73$3.51$117.49$129.51
$125.00$119.00Sep 4$2.10$1.05$3.15$115.85$128.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 95 found (best R:R 1.00, avg credit $0.46)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
119/120132/133Sep 4$0.50$0.5054%1.00$119.50$132.50
119/120128/129Sep 4$0.59$0.4141%1.44$119.41$128.59
119/120129/130Sep 4$0.55$0.4545%1.22$119.45$129.55
119/120130/131Sep 4$0.50$0.5049%1.00$119.50$130.50
110/111130/131Sep 11$0.46$0.5453%0.85$110.54$130.46
115/116132/133Sep 4$0.28$0.7271%0.39$115.72$132.28
118/119130/131Sep 11$0.66$0.3433%1.94$118.34$130.66
110/111131/132Sep 11$0.43$0.5756%0.75$110.57$131.43
118/119131/132Sep 11$0.63$0.3735%1.70$118.37$131.63
112/113132/133Sep 18$0.57$0.4341%1.33$112.43$132.57

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 171 found (best R:R 49.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$105.00$110.00$115.00Oct 16$0.10$4.9012%49.00
$125.00$130.00$135.00Oct 16$0.18$4.8212%26.78
$135.00$140.00$145.00Sep 18$0.21$4.7913%22.81
$135.00$140.00$145.00Oct 16$0.22$4.7810%21.73
$116.00$117.00$118.00Sep 4$0.05$0.957%19.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$100.00$105.00$110.00Oct 16$0.24$4.7611%19.83
$125.00$130.00$135.00Oct 16$0.27$4.7312%17.52
$130.00$135.00$140.00Oct 16$0.28$4.7211%16.86
$135.00$140.00$145.00Oct 16$0.25$4.7510%19.00
$110.00$115.00$120.00Oct 16$0.36$4.6414%12.89

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 68 found (best net $-0.30, 68 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$141.00$142.001:2Sep 4-$0.05$0.95
$140.00$145.001:2Sep 18-$0.91$4.09
$139.00$140.001:2Sep 4-$0.07$0.93
$140.00$141.001:2Sep 4-$0.08$0.92
$144.00$145.001:2Sep 4-$0.07$0.93
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$105.00$100.001:2Sep 18-$0.30$4.70
$102.00$101.001:2Sep 4$0.00$1.00
$105.00$104.001:2Sep 4$0.00$1.00
$108.00$107.001:2Sep 4-$0.05$0.95
$112.00$111.001:2Sep 4-$0.09$0.91

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 128 found (best yield 7.55%, avg 3.42%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$130.00Oct 16$9.300.465.5%7.55%13.08%54913.4K
$135.00Oct 16$7.650.409.6%6.21%15.80%1.1K2.0K
$140.00Oct 16$6.300.3513.7%5.11%18.76%4323.9K
$125.00Oct 16$11.050.531.5%8.97%10.44%2971.6K
$145.00Oct 16$5.200.3017.7%4.22%21.93%2445.1K
$136.00Oct 9$6.200.3710.4%5.03%15.43%2113
$130.00Oct 9$7.750.455.5%6.29%11.82%31136
$133.00Oct 9$6.800.418.0%5.52%13.48%--33
$132.00Oct 9$7.100.427.2%5.76%12.92%1824
$129.00Oct 9$8.100.464.7%6.58%11.29%1614

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 177,842
Total Puts 70,209
Put/Call Ratio 0.39
Net Difference 107,633

Prior's Put/Call Breakdown

Total Calls 139,285
Total Puts 112,580
Put/Call Ratio 0.81
Net Difference 26,705

Prior 7-Day Put/Call Summary

Total Calls 2,799,035
Total Puts 1,345,106
Average Put/Call Ratio 0.57
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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Chart Title

Price — Past 7 Days

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