Tour v452
MSTR
STRATEGY INC A
$96.16 -2.52%
$97.09 (+0.97%)🌙
as of 07/28 06:10 PM
7/28 18:10

Option Volume

Detail
Current (07/28) 157,559
Calls: 83,517 (53%)
Puts: 74,042 (47%)
Prior (07/27) 230,216
Calls: 119,469 (52%)
Puts: 110,747 (48%)
Current vs Prior -31.56%
Calls: -30.09% (Calls)
Puts: -33.14% (Puts)
Prior 7-Day Total 2,524,235
Calls: 1,701,138 (67%)
Puts: 823,097 (33%)
Prior 7-Day Average 360,605
Calls: 243,019 (67%)
Puts: 117,585 (33%)
Current vs Prior 7-Day Avg -56.31%
Calls: -65.63%
Puts: -37.03%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/28) $80.12M
Calls: $21.51M (27%)
Puts: $58.61M (73%)
Prior (07/27) $112.24M
Calls: $40.50M (36%)
Puts: $71.74M (64%)
Current vs Prior -28.62%
Calls: -46.89%
Puts: -18.31%
Prior 7-Day Total $1.11B
Calls: $516.49M (46%)
Puts: $596.01M (54%)
Prior 7-Day Average $158.93M
Calls: $73.78M (46%)
Puts: $85.14M (54%)
Current vs Prior 7-Day Avg -49.59%
Calls: -70.84%
Puts: -31.17%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/28) 0.89
Prior (07/27) 0.93
Current vs Prior -4.36%
Prior 7-Day Average 0.54
Current vs Prior 7-Day Avg +63.70%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/28) 1,666,904
Calls: 905,364 (54%)
Puts: 761,540 (46%)
Prior (07/27) 2,428,026
Calls: 1,257,663 (52%)
Puts: 1,170,363 (48%)
Current vs Prior -31.35%
Prior 7-Day Total 16,027,456
Calls: 8,382,986 (52%)
Puts: 7,644,470 (48%)
Prior 7-Day Average 2,289,636
Calls: 1,197,569 (52%)
Puts: 1,092,067 (48%)
Current vs Prior 7-Day Avg -27.20%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 7.62% | 11.37%16.41% | 24.05%
Prior 8.48% | 11.96%17.06% | 24.66%
Current vs Prior -10.16% | -4.97%-3.81% | -2.47%
Prior 7-Day Avg 7.44% | 12.20%16.43% | 26.25%
Current vs 7-Day Avg +2.39% | -6.80%-0.11% | -8.36%
Prior 7-Day Eod 8.48% | 11.96%17.06% | 24.66%
Current vs 7-Day Eod -10.16% | -4.97%-3.81% | -2.47%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 6.61% | 7.75%
Calls: 4.08% | 7.41%
Puts: 9.14% | 8.08%
Prior 2.98% | 6.30%
Calls: 3.63% | 6.00%
Puts: 2.33% | 6.61%
Current vs Prior +121.81% | +23.02%
Prior 7-Day Avg 8.07% | 5.92%
Calls: 8.47% | 5.82%
Puts: 7.67% | 6.02%
Current vs 7-Day Avg -18.09% | +30.94%
Liquidity Pricy
+
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🤖 AI Insights

Moderately bearish flow with 73% put dollar volume ($58.61M). Declining open interest (down 31%) indicates positions being closed.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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 170 of results (avg 6.8%, best 2.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Jul 314.104.25$4.183.6%1.1K0.5722.2K
$97.50Jul 312.893.00$2.953.7%1.4K0.4619.5K
$96.50Aug 217.557.85$7.703.9%40.54--
$104.00Jul 310.991.03$1.014.0%1.7K0.211.4K
$95.00Aug 218.358.70$8.524.1%1720.571.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Aug 214.854.95$4.902.0%5810.336.7K
$97.00Aug 217.908.15$8.033.1%330.47127
$110.00Aug 2116.4517.00$16.733.3%410.715.3K
$98.50Aug 218.709.00$8.853.4%260.5148
$100.00Aug 219.559.90$9.733.6%3410.544.6K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 12 found (avg $0.60, cheapest $0.19)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Jul 310.320.37$0.3514.3%2.1K0.094.6K
$108.00Jul 310.450.52$0.4914.3%4200.121.5K
$107.00Jul 310.560.63$0.6011.7%7200.141.8K
$106.00Jul 310.670.77$0.7213.9%4410.161.3K
$115.00Aug 70.690.80$0.7514.7%1.1K0.121.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Jul 310.170.20$0.1915.8%3.6K0.045.1K
$85.00Jul 310.430.51$0.4717.0%1.1K0.103.0K
$78.00Aug 70.500.61$0.5520.0%10.08--
$87.00Jul 310.660.73$0.7010.0%4750.141.5K
$80.00Aug 70.700.80$0.7513.3%7490.101.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 139 found (avg delta 0.66, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Jul 3116.1016.85$16.484.6%10.96--
$83.00Jul 3113.2014.00$13.605.9%30.9388
$78.00Aug 718.5019.35$18.934.5%30.92--
$84.00Jul 3112.2513.05$12.656.3%300.9246
$85.00Jul 3111.3512.15$11.756.8%30.90--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Jul 3118.5019.25$18.884.0%2851.00902
$114.00Jul 3117.5018.30$17.904.5%60.9343
$113.00Jul 3116.5517.35$16.954.7%60.93--
$111.00Jul 3114.6015.45$15.025.7%510.91138
$110.00Jul 3113.6514.50$14.086.0%1720.91853

Most actively traded options today. High liquidity = easy entry/exit. 345 active (total vol 80.4K, top 5.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Jul 311.962.12$2.047.8%4.1K0.3518.2K
$105.00Jul 310.830.87$0.854.7%2.7K0.185.9K
$110.00Jul 310.320.37$0.3514.3%2.1K0.094.6K
$104.00Jul 310.991.03$1.014.0%1.7K0.211.4K
$93.00Jul 315.155.60$5.388.4%1.7K0.66780
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Jul 311.201.30$1.258.0%5.7K0.235.9K
$94.00Jul 312.392.60$2.508.4%3.8K0.381.0K
$80.00Jul 310.170.20$0.1915.8%3.6K0.045.1K
$78.00Jul 310.020.15$0.09144.4%2.1K0.02272
$95.00Jul 312.883.05$2.975.7%1.9K0.435.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 76 strikes (avg 31.0%, max 44.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$80.00Jul 31Sep 4122.8%85.2%44.2%2--
$113.00Jul 31Sep 4109.2%79.1%38.0%817316
$114.00Jul 31Aug 28111.0%80.7%37.6%158750
$111.00Jul 31Sep 4106.8%79.0%35.2%1301.0K
$112.00Jul 31Sep 4105.9%78.9%34.3%3501.9K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$82.00Jul 31Sep 4118.9%82.2%44.6%1503.3K
$80.00Jul 31Sep 4122.8%85.2%44.2%3.6K5.2K
$83.00Jul 31Aug 21117.0%83.9%39.5%1515.7K
$84.00Jul 31Aug 28114.7%82.2%39.5%1128.2K
$86.00Jul 31Aug 28112.2%80.9%38.6%461977

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 240 found (best R:R 9.00, avg 2.34)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$113.00$115.00Sep 4$0.20$1.80$0.209.00$113.20
$107.00$108.00Jul 31$0.11$0.89$0.118.09$107.11
$113.00$114.00Aug 14$0.11$0.89$0.118.09$113.11
$106.00$107.00Jul 31$0.12$0.88$0.127.33$106.12
$110.00$111.00Aug 7$0.12$0.88$0.127.33$110.12
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$93.00$92.00Sep 4$0.10$0.90$0.109.00$92.90
$79.00$78.00Aug 7$0.12$0.88$0.127.33$78.88
$81.00$80.00Aug 7$0.12$0.88$0.127.33$80.88
$82.00$81.00Aug 7$0.12$0.88$0.127.33$81.88
$97.00$96.00Sep 4$0.12$0.88$0.127.33$96.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 304 found (best R:R 24.00, avg 1.47)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$80.00$83.00Jul 31$2.88$2.88$0.1224.00$82.88
$78.00$80.00Aug 7$1.80$1.80$0.209.00$79.80
$80.00$83.00Aug 7$2.65$2.65$0.357.57$82.65
$86.00$87.00Jul 31$0.87$0.87$0.136.69$86.87
$84.00$85.00Aug 7$0.87$0.87$0.136.69$84.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$110.00$107.00Jul 31$2.78$2.78$0.2212.64$107.22
$115.00$113.00Aug 7$1.77$1.77$0.237.70$113.23
$113.00$110.00Aug 7$2.65$2.65$0.357.57$110.35
$96.00$95.00Sep 4$0.86$0.86$0.146.14$95.14
$105.00$104.00Jul 31$0.85$0.85$0.155.67$104.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 76 found (avg debit $1.34, cheapest $0.46)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$115.00Jul 31Aug 7$0.61109.0%86.3%
$80.00Jul 31Aug 7$0.65122.8%93.0%
$114.00Jul 31Aug 7$0.66111.0%86.4%
$113.00Jul 31Aug 7$0.71109.2%85.3%
$112.00Jul 31Aug 7$0.79105.9%85.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$77.00Jul 31Aug 7$0.46126.6%98.5%
$78.00Jul 31Aug 7$0.46119.1%94.4%
$79.00Jul 31Aug 7$0.51125.4%94.4%
$115.00Jul 31Aug 7$0.54109.0%86.3%
$80.00Jul 31Aug 7$0.56122.8%93.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 135 found (cheapest 7.36% of stock, avg 15.09%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$96.00Jul 31$3.65$3.43$7.08$88.92$103.087.36%
$96.50Jul 31$3.43$3.68$7.11$89.39$103.617.39%
$97.00Jul 31$3.18$3.93$7.11$89.89$104.117.39%
$95.00Jul 31$4.18$2.97$7.15$87.85$102.157.44%
$97.50Jul 31$2.95$4.20$7.15$90.35$104.657.44%
$94.00Jul 31$4.75$2.50$7.25$86.75$101.257.54%
$98.00Jul 31$2.79$4.50$7.29$90.71$105.297.58%
$98.50Jul 31$2.57$4.80$7.37$91.13$105.877.66%
$99.00Jul 31$2.36$5.05$7.41$91.59$106.417.71%
$93.00Jul 31$5.38$2.12$7.50$85.50$100.507.80%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 4.66% of stock, avg 12.65%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$99.00$93.00Jul 31$2.36$2.12$4.48$88.52$103.48
$98.50$93.00Jul 31$2.57$2.12$4.69$88.31$103.19
$99.00$94.00Jul 31$2.36$2.50$4.86$89.14$103.86
$98.00$93.00Jul 31$2.79$2.12$4.91$88.09$102.91
$97.50$93.00Jul 31$2.95$2.12$5.07$87.93$102.57
$98.50$94.00Jul 31$2.57$2.50$5.07$88.93$103.57
$98.00$94.00Jul 31$2.79$2.50$5.29$88.71$103.29
$97.00$93.00Jul 31$3.18$2.12$5.30$87.70$102.30
$99.00$95.00Jul 31$2.36$2.97$5.33$89.67$104.33
$97.50$94.00Jul 31$2.95$2.50$5.45$88.55$102.95

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 337 found (best R:R 12.04, avg credit $0.84)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
78/7980/83Aug 7$2.77$0.2312.04$76.23$82.77
78/7985/86Aug 7$0.90$0.109.00$78.10$85.90
80/8185/86Aug 7$0.90$0.109.00$80.10$85.90
81/8285/86Aug 7$0.90$0.109.00$81.10$85.90
85/8689/90Aug 7$0.90$0.109.00$85.10$89.90
86/8790/91Aug 7$0.90$0.109.00$86.10$90.90
87/8890/91Aug 7$0.90$0.109.00$87.10$90.90
82/8390/91Aug 21$0.90$0.109.00$82.10$90.90
90/9194/95Sep 4$0.90$0.109.00$90.10$94.90
90/9197/98Sep 4$0.90$0.109.00$90.10$97.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 84 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$83.00$84.00$85.00Jul 31$0.05$0.9519.00
$99.00$100.00$101.00Aug 21$0.05$0.9519.00
$111.00$112.00$113.00Sep 4$0.05$0.9519.00
$92.00$93.00$94.00Jul 31$0.06$0.9415.67
$93.00$94.00$95.00Jul 31$0.06$0.9415.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$100.00$105.00$110.00Sep 4$0.05$4.9599.00
$86.00$87.00$88.00Jul 31$0.05$0.9519.00
$93.00$94.00$95.00Aug 21$0.05$0.9519.00
$99.00$100.00$101.00Aug 21$0.05$0.9519.00
$92.00$93.00$94.00Jul 31$0.06$0.9415.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 41 found (best net $-6.23, 41 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$80.00$90.001:2Sep 4-$6.23$3.77
$110.00$115.001:2Aug 21-$1.33$3.67
$105.00$110.001:2Aug 21-$1.85$3.15
$114.00$115.001:2Jul 31-$0.09$0.91
$111.00$112.001:2Jul 31-$0.17$0.83
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$78.00$77.001:2Jul 31-$0.09$0.91
$82.00$81.001:2Jul 31-$0.12$0.88
$80.00$79.001:2Jul 31-$0.13$0.87
$81.00$80.001:2Jul 31-$0.18$0.82
$83.00$82.001:2Jul 31-$0.22$0.78

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 106 found (best yield 9.00%, avg 3.80%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$97.00Sep 4$8.650.530.9%9.00%9.87%3--
$97.00Aug 28$8.200.530.9%8.53%9.40%13--
$98.00Sep 4$8.150.521.9%8.48%10.39%1111
$98.00Aug 28$7.750.511.9%8.06%9.97%4811
$99.00Sep 4$7.750.503.0%8.06%11.01%46
$96.50Aug 21$7.550.540.3%7.85%8.21%4--
$100.00Sep 4$7.350.494.0%7.64%11.64%1131
$97.00Aug 21$7.300.530.9%7.59%8.47%1445
$99.00Aug 28$7.250.493.0%7.54%10.49%455
$97.50Aug 21$7.050.521.4%7.33%8.73%456

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 83,517
Total Puts 74,042
Put/Call Ratio 0.89
Net Difference 9,475

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 1,701,138
Total Puts 823,097
Average Put/Call Ratio 0.54
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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