Tour v388
MSTR
STRATEGY INC A
$100.01 -1.90%
$99.84 (-0.17%)🌙
as of 07/22 06:18 PM
7/22 18:19

Option Volume

Detail
Current (07/22) 281,836
Calls: 205,857 (73%)
Puts: 75,979 (27%)
Prior (07/21) 274,563
Calls: 177,661 (65%)
Puts: 96,902 (35%)
Current vs Prior +2.65%
Calls: +15.87% (Calls)
Puts: -21.59% (Puts)
Prior 7-Day Total 2,009,171
Calls: 1,223,085 (61%)
Puts: 786,086 (39%)
Prior 7-Day Average 287,024
Calls: 174,726 (61%)
Puts: 112,298 (39%)
Current vs Prior 7-Day Avg -1.81%
Calls: +17.82%
Puts: -32.34%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/22) $88.43M
Calls: $58.73M (66%)
Puts: $29.70M (34%)
Prior (07/21) $92.91M
Calls: $60.42M (65%)
Puts: $32.48M (35%)
Current vs Prior -4.81%
Calls: -2.80%
Puts: -8.56%
Prior 7-Day Total $931.47M
Calls: $376.63M (40%)
Puts: $554.84M (60%)
Prior 7-Day Average $133.07M
Calls: $53.80M (40%)
Puts: $79.26M (60%)
Current vs Prior 7-Day Avg -33.54%
Calls: +9.16%
Puts: -62.53%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/22) 0.37
Prior (07/21) 0.55
Current vs Prior -32.33%
Prior 7-Day Average 0.74
Current vs Prior 7-Day Avg -50.34%
Sentiment BULLISH

Open Interest

Detail
Current (07/22) 1,600,959
Calls: 878,097 (55%)
Puts: 722,862 (45%)
Prior (07/21) 2,450,767
Calls: 1,267,148 (52%)
Puts: 1,183,619 (48%)
Current vs Prior -34.68%
Prior 7-Day Total 17,445,202
Calls: 9,113,570 (52%)
Puts: 8,331,632 (48%)
Prior 7-Day Average 2,492,171
Calls: 1,301,938 (52%)
Puts: 1,190,233 (48%)
Current vs Prior 7-Day Avg -35.76%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 5.54% | 11.18%19.12% | 29.03%
Prior 6.90% | 11.97%20.12% | 29.48%
Current vs Prior -19.67% | -6.58%-4.97% | -1.55%
Prior 7-Day Avg 7.13% | 11.96%9.61% | 24.13%
Current vs 7-Day Avg -22.28% | -6.52%+98.87% | +20.28%
Prior 7-Day Eod 6.90% | 11.97%20.12% | 29.48%
Current vs 7-Day Eod -19.67% | -6.58%-4.97% | -1.55%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 5.67% | 5.76%
Calls: 6.04% | 5.41%
Puts: 5.30% | 6.11%
Prior 7.08% | 5.81%
Calls: 5.71% | 4.96%
Puts: 8.45% | 6.67%
Current vs Prior -19.92% | -0.86%
Prior 7-Day Avg 9.53% | 6.93%
Calls: 9.89% | 7.12%
Puts: 9.16% | 6.75%
Current vs 7-Day Avg -40.48% | -16.88%
Liquidity Pricy
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🤖 AI Insights

Moderately bullish flow with 66% call dollar volume ($58.73M). Extreme bullish P/C ratio of 0.37 - heavy call buying (205,857 calls vs 75,979 puts). P/C ratio dropping 32% - sentiment shifting bullish. Declining open interest (down 35%) indicates positions being closed.

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 BEARISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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 190 of results (avg 6.8%, best 1.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$101.00Jul 242.032.06$2.051.5%43.9K0.4512.3K
$98.50Jul 243.253.35$3.303.0%1860.61697
$100.00Aug 219.409.70$9.553.1%8560.5510.3K
$90.00Aug 2114.9515.50$15.233.6%150.72613
$95.00Aug 2111.9012.40$12.154.1%3720.631.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Aug 2111.8512.15$12.002.5%650.531.9K
$100.00Aug 219.009.25$9.132.7%9380.454.7K
$120.00Aug 2122.5023.15$22.832.8%350.742.8K
$102.00Aug 2110.1010.40$10.252.9%540.4866
$104.00Aug 2111.2511.60$11.433.1%370.5265

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 12 found (avg $0.48, cheapest $0.09)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Jul 240.080.09$0.0911.1%1.7K0.034.8K
$114.00Jul 240.100.12$0.1118.2%2770.04577
$112.00Jul 240.150.18$0.1618.8%1.1K0.062.4K
$110.00Jul 240.240.29$0.2718.5%5.2K0.096.1K
$108.00Jul 240.390.46$0.4316.3%1.2K0.132.2K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Jul 240.200.24$0.2218.2%2.6K0.076.4K
$95.00Jul 240.770.83$0.807.5%1.7K0.214.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 145 found (avg delta 0.69, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.00Jul 2415.8016.50$16.154.3%21.0053
$87.00Jul 2412.8513.55$13.205.3%10.94--
$89.00Jul 2410.9011.60$11.256.2%130.93119
$90.00Jul 249.9510.65$10.306.8%790.92752
$83.00Jul 3117.3518.25$17.805.1%280.9112
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Jul 2419.6020.30$19.953.5%1280.98511
$119.00Jul 2418.6019.30$18.953.7%10.98--
$115.00Jul 2414.6015.35$14.985.0%1040.97492
$114.00Jul 2413.6514.40$14.035.3%700.96139
$111.00Jul 2410.7011.50$11.107.2%430.9362

Most actively traded options today. High liquidity = easy entry/exit. 342 active (total vol 227.8K, top 43.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$101.00Jul 242.032.06$2.051.5%43.9K0.4512.3K
$105.00Jul 240.810.86$0.846.0%34.2K0.234.5K
$96.00Jul 244.955.35$5.157.8%23.8K0.7524.3K
$102.00Jul 241.631.76$1.697.7%19.5K0.3928.9K
$100.00Jul 242.482.61$2.555.1%11.0K0.5113.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$91.00Jul 240.180.37$0.2867.9%3.3K0.086.4K
$96.00Jul 313.303.55$3.437.3%3.3K0.35764
$100.00Jul 242.452.60$2.535.9%2.7K0.498.3K
$90.00Jul 240.200.24$0.2218.2%2.6K0.076.4K
$91.00Jul 311.721.96$1.8413.0%2.3K0.22222

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 77 strikes (avg 15.7%, max 53.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$120.00Jul 24Aug 28114.5%82.8%38.3%4213.6K
$84.00Jul 24Jul 31124.8%92.1%35.6%2653
$118.00Jul 24Jul 31118.2%88.2%34.1%190681
$117.00Jul 24Jul 31112.2%87.0%28.9%2981.8K
$119.00Jul 24Jul 31111.7%88.6%26.1%1232.0K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$82.00Jul 24Aug 28133.5%87.0%53.5%133.0K
$83.00Jul 24Aug 21128.0%85.5%49.7%33341
$84.00Jul 24Aug 28124.8%84.4%47.9%2781.4K
$81.00Jul 24Jul 31140.7%97.1%44.8%32544
$120.00Jul 24Aug 28114.5%82.8%38.3%130511

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 224 found (best R:R 8.09, avg 2.08)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$113.00$114.00Jul 31$0.12$0.88$0.127.33$113.12
$116.00$117.00Jul 31$0.12$0.88$0.127.33$116.12
$114.00$115.00Jul 31$0.13$0.87$0.136.69$114.13
$115.00$116.00Jul 31$0.14$0.86$0.146.14$115.14
$115.00$120.00Aug 7$0.72$4.28$0.725.94$115.72
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$92.00$91.00Jul 24$0.11$0.89$0.118.09$91.89
$83.00$82.00Aug 7$0.11$0.89$0.118.09$82.89
$85.00$84.00Jul 31$0.12$0.88$0.127.33$84.88
$86.00$85.00Jul 31$0.12$0.88$0.127.33$85.88
$94.00$93.00Jul 24$0.14$0.86$0.146.14$93.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 284 found (best R:R 12.33, avg 1.41)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$93.00$94.00Jul 24$0.90$0.90$0.109.00$93.90
$84.00$85.00Jul 31$0.90$0.90$0.109.00$84.90
$86.00$87.00Jul 31$0.88$0.88$0.127.33$86.88
$85.00$86.00Jul 31$0.87$0.87$0.136.69$85.87
$88.00$89.00Jul 31$0.83$0.83$0.174.88$88.83
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$120.00$118.00Jul 31$1.85$1.85$0.1512.33$118.15
$118.00$115.00Jul 31$2.67$2.67$0.338.09$115.33
$115.00$114.00Jul 31$0.88$0.88$0.127.33$114.12
$107.00$106.00Jul 24$0.85$0.85$0.155.67$106.15
$113.00$111.00Jul 31$1.70$1.70$0.305.67$111.30

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 77 found (avg debit $1.85, cheapest $0.44)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$120.00Jul 24Jul 31$0.65114.5%89.4%
$119.00Jul 24Jul 31$0.72111.7%88.6%
$84.00Jul 24Jul 31$0.75124.8%92.1%
$118.00Jul 24Jul 31$0.75118.2%88.2%
$117.00Jul 24Jul 31$0.83112.2%87.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$81.00Jul 24Jul 31$0.44140.7%97.1%
$82.00Jul 24Jul 31$0.49133.5%95.2%
$120.00Jul 24Jul 31$0.55114.5%89.4%
$83.00Jul 24Jul 31$0.57128.0%94.0%
$84.00Jul 24Jul 31$0.62124.8%92.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 140 found (cheapest 5.04% of stock, avg 15.00%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$101.00Jul 24$2.05$2.99$5.04$95.96$106.045.04%
$98.50Jul 24$3.30$1.78$5.08$93.42$103.585.08%
$100.00Jul 24$2.55$2.53$5.08$94.92$105.085.08%
$99.00Jul 24$3.10$2.03$5.13$93.87$104.135.13%
$102.00Jul 24$1.69$3.58$5.27$96.73$107.275.27%
$98.00Jul 24$3.78$1.61$5.39$92.61$103.395.39%
$97.50Jul 24$4.10$1.43$5.53$91.97$103.035.53%
$103.00Jul 24$1.32$4.33$5.65$97.35$108.655.65%
$97.00Jul 24$4.45$1.29$5.74$91.26$102.745.74%
$96.50Jul 24$4.78$1.14$5.92$90.58$102.425.92%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 2.27% of stock, avg 11.83%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$105.00$97.50Jul 24$0.84$1.43$2.27$95.23$107.27
$105.00$98.00Jul 24$0.84$1.61$2.45$95.55$107.45
$104.00$97.50Jul 24$1.07$1.43$2.50$95.00$106.50
$105.00$98.50Jul 24$0.84$1.78$2.62$95.88$107.62
$104.00$98.00Jul 24$1.07$1.61$2.68$95.32$106.68
$103.00$97.50Jul 24$1.32$1.43$2.75$94.75$105.75
$104.00$98.50Jul 24$1.07$1.78$2.85$95.65$106.85
$105.00$99.00Jul 24$0.84$2.03$2.87$96.13$107.87
$103.00$98.00Jul 24$1.32$1.61$2.93$95.07$105.93
$103.00$98.50Jul 24$1.32$1.78$3.10$95.40$106.10

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 258 found (best R:R 10.11, avg credit $1.00)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
82/8490/92Aug 14$1.82$0.1810.11$82.18$91.82
89/9091/92Jul 31$0.90$0.109.00$89.10$91.90
83/8490/91Aug 7$0.90$0.109.00$83.10$90.90
90/9196/97Aug 14$0.90$0.109.00$90.10$96.90
94/9599/100Aug 14$0.90$0.109.00$94.10$99.90
95/96101/102Aug 14$0.90$0.109.00$95.10$101.90
96/97101/102Aug 14$0.90$0.109.00$96.10$101.90
90/91102/103Aug 28$0.90$0.109.00$90.10$102.90
91/9294/95Jul 24$0.89$0.118.09$91.11$94.89
84/8588/89Aug 7$0.89$0.118.09$84.11$88.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 90 found (best R:R 40.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$105.00$107.00$109.00Aug 14$0.08$1.9224.00
$99.00$100.00$101.00Jul 24$0.05$0.9519.00
$118.00$119.00$120.00Jul 24$0.05$0.9519.00
$116.00$117.00$118.00Jul 31$0.05$0.9519.00
$110.00$115.00$120.00Aug 28$0.26$4.7418.23
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$110.00$115.00$120.00Aug 7$0.12$4.8840.67
$92.00$93.00$94.00Jul 24$0.05$0.9519.00
$105.00$106.00$107.00Jul 24$0.05$0.9519.00
$83.00$84.00$85.00Jul 31$0.05$0.9519.00
$91.00$92.00$93.00Jul 31$0.05$0.9519.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 57 found (best net $-0.83, 57 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$115.00$120.001:2Aug 7-$0.83$4.17
$110.00$115.001:2Aug 7-$1.06$3.94
$115.00$120.001:2Aug 14-$1.50$3.50
$110.00$115.001:2Aug 14-$2.06$2.94
$115.00$120.001:2Aug 21-$2.27$2.73
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$115.00$105.001:2Aug 28-$6.48$3.52
$89.00$85.001:2Aug 14-$1.46$2.54
$84.00$83.001:2Jul 24-$0.05$0.95
$86.00$85.001:2Jul 24-$0.06$0.94
$87.00$86.001:2Jul 24-$0.06$0.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 72 found (best yield 9.45%, avg 3.89%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$101.00Aug 28$9.450.541.0%9.45%10.44%17
$102.00Aug 28$9.000.522.0%9.00%10.99%1--
$101.00Aug 21$8.900.531.0%8.90%9.89%62634
$103.00Aug 28$8.650.513.0%8.65%11.64%224
$102.00Aug 21$8.450.522.0%8.45%10.44%37123
$104.00Aug 28$8.100.494.0%8.10%12.09%2027
$103.00Aug 21$8.000.503.0%8.00%10.99%23127
$105.00Aug 28$7.800.485.0%7.80%12.79%6187
$101.00Aug 14$7.650.531.0%7.65%8.64%78102
$104.00Aug 21$7.600.484.0%7.60%11.59%20147

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 205,857
Total Puts 75,979
Put/Call Ratio 0.37
Net Difference 129,878

Prior's Put/Call Breakdown

Total Calls 177,661
Total Puts 96,902
Put/Call Ratio 0.55
Net Difference 80,759

Prior 7-Day Put/Call Summary

Total Calls 1,223,085
Total Puts 786,086
Average Put/Call Ratio 0.74
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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