Tour v422
MSTR
STRATEGY INC A
$98.65 +7.61%
$98.13 (-0.52%)🌙
as of 07/27 06:05 PM
7/27 18:06

Option Volume

Detail
Current (07/27) 230,216
Calls: 119,469 (52%)
Puts: 110,747 (48%)
Prior (07/24) 521,855
Calls: 339,961 (65%)
Puts: 181,894 (35%)
Current vs Prior -55.89%
Calls: -64.86% (Calls)
Puts: -39.11% (Puts)
Prior 7-Day Total 2,565,870
Calls: 1,725,097 (67%)
Puts: 840,773 (33%)
Prior 7-Day Average 366,552
Calls: 246,442 (67%)
Puts: 120,110 (33%)
Current vs Prior 7-Day Avg -37.19%
Calls: -51.52%
Puts: -7.80%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/27) $112.24M
Calls: $40.50M (36%)
Puts: $71.74M (64%)
Prior (07/24) $273.19M
Calls: $107.55M (39%)
Puts: $165.64M (61%)
Current vs Prior -58.91%
Calls: -62.34%
Puts: -56.69%
Prior 7-Day Total $1.23B
Calls: $501.68M (41%)
Puts: $731.48M (59%)
Prior 7-Day Average $176.17M
Calls: $71.67M (41%)
Puts: $104.50M (59%)
Current vs Prior 7-Day Avg -36.29%
Calls: -43.49%
Puts: -31.35%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27) 0.93
Prior (07/24) 0.54
Current vs Prior +73.26%
Prior 7-Day Average 0.54
Current vs Prior 7-Day Avg +72.60%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/27) 2,428,026
Calls: 1,257,663 (52%)
Puts: 1,170,363 (48%)
Prior (07/24) 1,816,097
Calls: 978,593 (54%)
Puts: 837,504 (46%)
Current vs Prior +33.69%
Prior 7-Day Total 16,341,817
Calls: 8,557,665 (52%)
Puts: 7,784,152 (48%)
Prior 7-Day Average 2,334,545
Calls: 1,222,523 (52%)
Puts: 1,112,021 (48%)
Current vs Prior 7-Day Avg +4.00%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 8.48% | 11.96%17.06% | 24.66%
Prior 10.01% | 13.25%18.28% | 25.47%
Current vs Prior -15.27% | -9.75%-6.69% | -3.18%
Prior 7-Day Avg 6.88% | 11.93%14.64% | 25.84%
Current vs 7-Day Avg +23.35% | +0.25%+16.55% | -4.54%
Prior 7-Day Eod 10.01% | 13.25%18.28% | 25.47%
Current vs 7-Day Eod -15.27% | -9.75%-6.69% | -3.18%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 2.98% | 6.30%
Calls: 3.63% | 6.00%
Puts: 2.33% | 6.61%
Prior 5.67% | 5.76%
Calls: 6.04% | 5.41%
Puts: 5.30% | 6.11%
Current vs Prior -47.44% | +9.38%
Prior 7-Day Avg 8.89% | 6.03%
Calls: 9.05% | 6.15%
Puts: 8.73% | 5.92%
Current vs 7-Day Avg -66.48% | +4.40%
Liquidity Good
+
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🤖 AI Insights

Moderately bearish flow with 64% put dollar volume ($71.74M). Light premium activity with dollar volume down 59% vs prior. Below-average activity with volume down 56% vs prior. P/C ratio rising 73% - increased hedging/bearish positioning.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 255 of results (avg 6.4%, best 2.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$93.00Jul 317.357.55$7.452.7%3830.73574
$105.00Jul 311.711.76$1.742.9%3.2K0.295.1K
$85.00Aug 2116.5517.10$16.833.3%170.78609
$79.00Jul 3119.4520.10$19.773.3%20.975
$98.00Jul 314.304.45$4.383.4%8640.55625
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$96.50Jul 312.973.05$3.012.7%5660.3970
$98.00Jul 313.653.75$3.702.7%6110.45299
$115.00Aug 2118.9019.45$19.172.9%2220.733.5K
$97.50Jul 313.403.50$3.452.9%2.7K0.4376
$110.00Aug 2115.1015.60$15.353.3%2330.665.3K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 13 found (avg $0.68, cheapest $0.37)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Jul 310.360.38$0.375.4%1.7K0.081.4K
$113.00Jul 310.470.55$0.5115.7%1190.11238
$112.00Jul 310.570.64$0.6111.5%2.1K0.12595
$111.00Jul 310.660.74$0.7011.4%5140.14887
$110.00Jul 310.810.86$0.846.0%2.9K0.162.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.00Jul 310.340.39$0.3713.5%3030.078.2K
$85.00Jul 310.410.45$0.439.3%1.1K0.083.0K
$80.00Aug 70.650.74$0.7012.9%7520.09773
$88.00Jul 310.710.82$0.7614.5%6920.132.8K
$81.00Aug 70.730.84$0.7814.1%100.10490

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 187 found (avg delta 0.68, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$79.00Jul 3119.4520.10$19.773.3%20.975
$81.00Jul 3117.5018.15$17.833.6%610.9644
$80.00Jul 3118.4519.10$18.773.5%670.9698
$82.00Jul 3116.5517.20$16.883.9%200.9511
$83.00Jul 3115.6016.25$15.934.1%460.9456
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$118.00Jul 3119.3020.00$19.653.6%20.9213
$117.00Jul 3118.1519.05$18.604.8%--0.9259
$116.00Jul 3117.3518.10$17.734.2%320.9158
$115.00Jul 3116.4017.15$16.774.5%4680.911.3K
$114.00Jul 3115.5016.20$15.854.4%120.9047

Most actively traded options today. High liquidity = easy entry/exit. 378 active (total vol 113.6K, top 7.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Jul 313.353.50$3.434.4%7.1K0.4719.2K
$105.00Jul 311.711.76$1.742.9%3.2K0.295.1K
$110.00Jul 310.810.86$0.846.0%2.9K0.162.9K
$103.00Jul 312.232.37$2.306.1%2.3K0.3620.8K
$95.00Jul 316.006.25$6.134.1%2.1K0.6622.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Jul 312.382.46$2.423.3%7.0K0.343.9K
$80.00Jul 310.180.25$0.2231.8%4.7K0.044.6K
$90.00Jul 311.051.10$1.084.6%4.6K0.184.4K
$82.00Aug 70.800.98$0.8920.2%3.8K0.11548
$86.00Jul 310.440.56$0.5024.0%3.2K0.101.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 78 strikes (avg 24.2%, max 38.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$80.00Jul 31Aug 28120.8%87.0%38.8%67112
$82.00Jul 31Aug 21113.4%85.1%33.3%5012
$85.00Jul 31Sep 4107.8%81.4%32.3%51235
$83.00Jul 31Aug 21110.9%84.4%31.4%4670
$93.00Jul 31Sep 4101.2%78.6%28.8%387586
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$80.00Jul 31Sep 4120.8%87.9%37.4%4.7K4.6K
$82.00Jul 31Aug 28113.4%85.7%32.4%6543.4K
$85.00Jul 31Sep 4107.8%81.4%32.3%1.3K3.0K
$84.00Jul 31Sep 4109.7%83.5%31.4%3048.2K
$81.00Jul 31Aug 21112.7%85.9%31.3%328409

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 276 found (best R:R 8.09, avg 2.05)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$109.00$110.00Jul 31$0.11$0.89$0.118.09$109.11
$109.00$110.00Aug 14$0.11$0.89$0.118.09$109.11
$113.00$114.00Sep 4$0.12$0.88$0.127.33$113.12
$111.00$112.00Aug 28$0.13$0.87$0.136.69$111.13
$110.00$111.00Jul 31$0.14$0.86$0.146.14$110.14
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$82.00$81.00Aug 7$0.11$0.89$0.118.09$81.89
$88.00$87.00Jul 31$0.12$0.88$0.127.33$87.88
$85.00$84.00Aug 7$0.12$0.88$0.127.33$84.88
$81.00$80.00Aug 21$0.12$0.88$0.127.33$80.88
$85.00$84.00Sep 4$0.12$0.88$0.127.33$84.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 355 found (best R:R 7.33, avg 1.44)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$86.00$87.00Jul 31$0.88$0.88$0.127.33$86.88
$82.00$83.00Aug 7$0.88$0.88$0.127.33$82.88
$84.00$85.00Jul 31$0.87$0.87$0.136.69$84.87
$80.00$81.00Aug 7$0.87$0.87$0.136.69$80.87
$83.00$84.00Aug 7$0.87$0.87$0.136.69$83.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$111.00$110.00Jul 31$0.88$0.88$0.127.33$110.12
$109.00$108.00Jul 31$0.87$0.87$0.136.69$108.13
$112.00$111.00Jul 31$0.87$0.87$0.136.69$111.13
$117.00$116.00Jul 31$0.87$0.87$0.136.69$116.13
$114.00$113.00Aug 14$0.87$0.87$0.136.69$113.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 78 found (avg debit $1.34, cheapest $0.48)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$80.00Jul 31Aug 7$0.58120.8%94.7%
$81.00Jul 31Aug 7$0.65112.7%93.5%
$82.00Jul 31Aug 7$0.70113.4%92.6%
$83.00Jul 31Aug 7$0.77110.9%90.8%
$84.00Jul 31Aug 7$0.88109.7%90.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$80.00Jul 31Aug 7$0.48120.8%94.7%
$81.00Jul 31Aug 7$0.58112.7%93.5%
$82.00Jul 31Aug 7$0.63113.4%92.6%
$83.00Jul 31Aug 7$0.68110.9%90.8%
$84.00Jul 31Aug 7$0.78109.7%90.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 183 found (cheapest 8.16% of stock, avg 16.62%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$97.50Jul 31$4.60$3.45$8.05$89.45$105.558.16%
$98.00Jul 31$4.38$3.70$8.08$89.92$106.088.19%
$98.50Jul 31$4.15$3.93$8.08$90.42$106.588.19%
$99.00Jul 31$3.90$4.22$8.12$90.88$107.128.23%
$97.00Jul 31$4.93$3.22$8.15$88.85$105.158.26%
$96.50Jul 31$5.18$3.01$8.19$88.31$104.698.30%
$100.00Jul 31$3.43$4.80$8.23$91.77$108.238.34%
$96.00Jul 31$5.45$2.82$8.27$87.73$104.278.38%
$101.00Jul 31$2.96$5.40$8.36$92.64$109.368.47%
$95.00Jul 31$6.13$2.42$8.55$86.45$103.558.67%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 5.30% of stock, avg 13.17%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$104.00$97.00Jul 31$2.01$3.22$5.23$91.77$109.23
$104.00$97.50Jul 31$2.01$3.45$5.46$92.04$109.46
$103.00$97.00Jul 31$2.30$3.22$5.52$91.48$108.52
$104.00$98.00Jul 31$2.01$3.70$5.71$92.29$109.71
$103.00$97.50Jul 31$2.30$3.45$5.75$91.75$108.75
$102.00$97.00Jul 31$2.63$3.22$5.85$91.15$107.85
$104.00$98.50Jul 31$2.01$3.93$5.94$92.56$109.94
$103.00$98.00Jul 31$2.30$3.70$6.00$92.00$109.00
$102.00$97.50Jul 31$2.63$3.45$6.08$91.42$108.08
$101.00$97.00Jul 31$2.96$3.22$6.18$90.82$107.18

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 170 found (best R:R 10.76, avg credit $1.06)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
85/8687/89Sep 4$1.83$0.1710.76$84.17$88.83
80/8182/84Aug 14$1.81$0.199.53$79.19$83.81
82/8385/86Aug 21$0.90$0.109.00$82.10$85.90
86/8791/92Aug 21$0.90$0.109.00$86.10$91.90
86/8792/93Aug 21$0.90$0.109.00$86.10$92.90
87/8891/92Aug 21$0.90$0.109.00$87.10$91.90
87/8892/93Aug 21$0.90$0.109.00$87.10$92.90
88/8991/92Aug 21$0.90$0.109.00$88.10$91.90
88/8992/93Aug 21$0.90$0.109.00$88.10$92.90
82/8389/90Aug 28$0.90$0.109.00$82.10$89.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 109 found (best R:R 27.57, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$80.00$82.00$84.00Aug 14$0.07$1.9327.57
$110.00$111.00$112.00Jul 31$0.05$0.9519.00
$85.00$86.00$87.00Aug 7$0.05$0.9519.00
$95.00$96.00$97.00Aug 28$0.05$0.9519.00
$97.00$98.00$99.00Aug 28$0.05$0.9519.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$88.00$89.00$90.00Aug 7$0.05$0.9519.00
$103.00$104.00$105.00Aug 7$0.05$0.9519.00
$87.00$88.00$89.00Aug 14$0.05$0.9519.00
$91.00$92.00$93.00Aug 21$0.05$0.9519.00
$86.00$87.00$88.00Aug 28$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. 30 found (best net $-1.87, 30 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$110.00$115.001:2Aug 21-$1.87$3.13
$105.00$110.001:2Aug 21-$2.75$2.25
$117.00$118.001:2Jul 31-$0.17$0.83
$116.00$117.001:2Jul 31-$0.25$0.75
$115.00$116.001:2Jul 31-$0.29$0.71
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$84.00$80.001:2Sep 4-$2.68$1.32
$80.00$79.001:2Jul 31-$0.10$0.90
$82.00$81.001:2Jul 31-$0.14$0.86
$83.00$82.001:2Jul 31-$0.22$0.78
$84.00$83.001:2Jul 31-$0.23$0.77

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 95 found (best yield 9.73%, avg 4.28%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$99.00Sep 4$9.600.550.3%9.73%10.09%8--
$100.00Sep 4$9.350.531.4%9.48%10.85%1922
$99.00Aug 28$9.050.540.3%9.17%9.53%3142
$101.00Sep 4$8.950.522.4%9.07%11.45%365
$100.00Aug 28$8.750.531.4%8.87%10.24%67237
$101.00Aug 28$8.400.512.4%8.51%10.90%810
$99.00Aug 21$8.000.540.3%8.11%8.46%5879
$102.00Aug 28$7.950.493.4%8.06%11.45%1.3K114
$103.00Sep 4$7.900.494.4%8.01%12.42%161
$100.00Aug 21$7.600.521.4%7.70%9.07%60610.6K

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 119,469
Total Puts 110,747
Put/Call Ratio 0.93
Net Difference 8,722

Prior's Put/Call Breakdown

Total Calls 339,961
Total Puts 181,894
Put/Call Ratio 0.54
Net Difference 158,067

Prior 7-Day Put/Call Summary

Total Calls 1,725,097
Total Puts 840,773
Average Put/Call Ratio 0.54
Ratio Trend Rising

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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