Tour v472
MSTR
STRATEGY INC A
$97.74 +4.73%
$97.10 (-0.65%)🌙
as of 07/30 06:04 PM
7/30 18:04

Option Volume

Detail
Current (07/30) 263,353
Calls: 146,613 (56%)
Puts: 116,740 (44%)
Prior (07/29) 289,011
Calls: 198,138 (69%)
Puts: 90,873 (31%)
Current vs Prior -8.88%
Calls: -26.00% (Calls)
Puts: +28.47% (Puts)
Prior 7-Day Total 2,139,871
Calls: 1,415,602 (66%)
Puts: 724,269 (34%)
Prior 7-Day Average 305,695
Calls: 202,228 (66%)
Puts: 103,467 (34%)
Current vs Prior 7-Day Avg -13.85%
Calls: -27.50%
Puts: +12.83%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/30) $245.34M
Calls: $42.51M (17%)
Puts: $202.83M (83%)
Prior (07/29) $133.50M
Calls: $64.18M (48%)
Puts: $69.32M (52%)
Current vs Prior +83.78%
Calls: -33.76%
Puts: +192.61%
Prior 7-Day Total $1.03B
Calls: $426.11M (41%)
Puts: $602.29M (59%)
Prior 7-Day Average $146.91M
Calls: $60.87M (41%)
Puts: $86.04M (59%)
Current vs Prior 7-Day Avg +67.00%
Calls: -30.16%
Puts: +135.73%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/30) 0.80
Prior (07/29) 0.46
Current vs Prior +73.61%
Prior 7-Day Average 0.58
Current vs Prior 7-Day Avg +37.82%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/30) 2,584,735
Calls: 1,330,583 (51%)
Puts: 1,254,152 (49%)
Prior (07/29) 2,539,103
Calls: 1,309,898 (52%)
Puts: 1,229,205 (48%)
Current vs Prior +1.80%
Prior 7-Day Total 15,048,317
Calls: 7,908,431 (53%)
Puts: 7,139,886 (47%)
Prior 7-Day Average 2,149,759
Calls: 1,129,775 (53%)
Puts: 1,019,983 (47%)
Current vs Prior 7-Day Avg +20.23%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 5.44% | 9.92%15.53% | 23.28%
Prior 7.40% | 11.71%16.99% | 24.09%
Current vs Prior -26.48% | -15.26%-8.61% | -3.37%
Prior 7-Day Avg 7.14% | 11.73%18.15% | 26.16%
Current vs 7-Day Avg -23.79% | -15.40%-14.45% | -11.04%
Prior 7-Day Eod 7.40% | 11.71%16.99% | 24.09%
Current vs 7-Day Eod -26.48% | -15.26%-8.61% | -3.37%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 4.50% | 8.64%
Calls: 4.04% | 8.95%
Puts: 4.96% | 8.33%
Prior 10.65% | 11.32%
Calls: 11.11% | 11.44%
Puts: 10.20% | 11.21%
Current vs Prior -57.75% | -23.67%
Prior 7-Day Avg 6.33% | 6.92%
Calls: 6.09% | 6.58%
Puts: 6.57% | 7.27%
Current vs 7-Day Avg -28.94% | +24.80%
Liquidity Acceptable
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🤖 AI Insights

Strong bearish conviction with 83% of dollar volume in puts ($202.83M) vs calls ($42.51M). Elevated premium activity with dollar volume up 84% vs prior. Dollar volume significantly above 7-day average (67% higher). P/C ratio rising 74% - increased hedging/bearish positioning.

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 BULLISH
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 162 of results (avg 7.5%, best 3.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Jul 310.470.49$0.484.2%6.3K0.156.6K
$80.00Aug 717.6518.50$18.084.7%10.9267
$79.00Aug 718.5519.45$19.004.7%120.93--
$81.00Aug 716.7017.60$17.155.2%10.9159
$80.00Aug 1418.3019.30$18.805.3%--0.8837
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Aug 2119.0519.80$19.433.9%60.773.5K
$110.00Aug 2115.1015.75$15.434.2%300.705.3K
$116.00Jul 3117.9018.85$18.385.2%10.9885
$97.00Aug 145.605.90$5.755.2%430.4577
$105.00Aug 79.309.80$9.555.2%630.70611

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 13 found (avg $0.63, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Jul 310.050.06$0.0616.7%1.2K0.023.1K
$105.00Jul 310.470.49$0.484.2%6.3K0.156.6K
$104.00Jul 310.570.63$0.6010.0%2.0K0.182.1K
$115.00Aug 70.600.66$0.639.5%5610.112.1K
$103.00Jul 310.690.80$0.7514.7%2.6K0.2121.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Jul 310.320.36$0.3411.8%7.8K0.118.4K
$91.00Jul 310.420.49$0.4515.6%6520.142.6K
$92.00Jul 310.580.65$0.6211.3%1.6K0.171.9K
$83.00Aug 70.580.66$0.6212.9%6360.10352
$93.00Jul 310.800.85$0.836.0%2.4K0.221.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 192 found (avg delta 0.70, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Jul 3117.2018.15$17.675.4%221.0094
$81.00Jul 3116.1017.15$16.636.3%11.0074
$82.00Jul 3115.2516.15$15.705.7%--1.0019
$83.00Jul 3114.2515.20$14.736.4%11.0088
$84.00Jul 3113.3014.10$13.705.8%--1.0049
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$116.00Jul 3117.9018.85$18.385.2%10.9885
$117.00Jul 3115.2024.00$19.6044.9%10.9853
$115.00Jul 3116.4517.85$17.158.2%230.98733
$114.00Jul 3115.4517.45$16.4512.2%--0.9835
$112.00Jul 3113.5015.45$14.4813.5%--0.97151

Most actively traded options today. High liquidity = easy entry/exit. 364 active (total vol 161.3K, top 9.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 73.553.85$3.708.1%9.1K0.454.8K
$94.00Jul 314.405.20$4.8016.7%8.9K0.7310.4K
$105.00Aug 72.012.28$2.1412.6%8.7K0.301.2K
$100.00Jul 311.491.58$1.545.8%8.7K0.3719.1K
$99.00Jul 311.781.96$1.879.6%7.4K0.429.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Jul 310.320.36$0.3411.8%7.8K0.118.4K
$80.00Aug 211.561.73$1.6510.3%4.0K0.1410.9K
$95.00Jul 311.351.46$1.417.8%3.3K0.335.5K
$88.00Jul 310.150.20$0.1827.8%2.8K0.063.0K
$85.00Jul 310.060.12$0.0966.7%2.8K0.033.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 82 strikes (avg 77.4%, max 124.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$80.00Jul 31Sep 4177.2%83.4%112.5%22125
$117.00Jul 31Aug 14167.2%81.0%106.4%220364
$82.00Jul 31Aug 28166.0%83.8%98.1%--39
$115.00Jul 31Sep 4155.8%78.7%97.8%1.2K3.2K
$116.00Jul 31Aug 14158.1%80.2%97.0%89709
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$79.00Jul 31Aug 14201.8%89.7%124.9%112299
$80.00Jul 31Sep 4177.2%83.4%112.5%1.6K6.0K
$117.00Jul 31Aug 14167.2%81.0%106.4%353
$81.00Jul 31Aug 21167.5%83.6%100.4%129320
$109.00Jul 31Sep 11138.8%69.6%99.3%656

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 264 found (best R:R 9.00, avg 2.26)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$109.00$110.00Aug 7$0.10$0.90$0.109.00$109.10
$112.00$113.00Aug 7$0.11$0.89$0.118.09$112.11
$104.00$105.00Jul 31$0.12$0.88$0.127.33$104.12
$115.00$116.00Aug 7$0.12$0.88$0.127.33$115.12
$103.00$106.00Sep 11$0.38$2.62$0.386.89$103.38
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$80.00$79.00Aug 14$0.10$0.90$0.109.00$79.90
$91.00$90.00Jul 31$0.11$0.89$0.118.09$90.89
$86.00$85.00Aug 7$0.11$0.89$0.118.09$85.89
$89.00$88.00Sep 11$0.11$0.89$0.118.09$88.89
$82.00$81.00Aug 7$0.12$0.88$0.127.33$81.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 341 found (best R:R 9.00, avg 1.48)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$82.00$83.00Aug 7$0.90$0.90$0.109.00$82.90
$80.00$82.00Aug 28$1.78$1.78$0.228.09$81.78
$89.00$90.00Jul 31$0.87$0.87$0.136.69$89.87
$84.00$85.00Aug 7$0.87$0.87$0.136.69$84.87
$82.00$84.00Aug 14$1.72$1.72$0.286.14$83.72
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$95.00$94.00Sep 4$0.90$0.90$0.109.00$94.10
$109.00$108.00Aug 7$0.88$0.88$0.127.33$108.12
$110.00$109.00Aug 7$0.88$0.88$0.127.33$109.12
$113.00$112.00Aug 7$0.88$0.88$0.127.33$112.12
$99.00$97.00Sep 11$1.75$1.75$0.257.00$97.25

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 82 found (avg debit $1.41, cheapest $0.28)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$80.00Jul 31Aug 7$0.41177.2%93.6%
$116.00Jul 31Aug 7$0.46158.1%84.6%
$117.00Jul 31Aug 7$0.46167.2%87.5%
$82.00Jul 31Aug 7$0.50166.0%92.4%
$81.00Jul 31Aug 7$0.52167.5%91.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$79.00Jul 31Aug 7$0.28201.8%94.7%
$80.00Jul 31Aug 7$0.36177.2%93.6%
$81.00Jul 31Aug 7$0.42167.5%91.6%
$82.00Jul 31Aug 7$0.52166.0%92.4%
$83.00Jul 31Aug 7$0.56160.4%89.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 186 found (cheapest 5.07% of stock, avg 15.29%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$96.50Jul 31$3.03$1.93$4.96$91.54$101.465.07%
$98.00Jul 31$2.32$2.70$5.02$92.98$103.025.14%
$98.50Jul 31$2.13$2.94$5.07$93.43$103.575.19%
$97.00Jul 31$2.85$2.24$5.09$91.91$102.095.21%
$97.50Jul 31$2.62$2.50$5.12$92.38$102.625.24%
$99.00Jul 31$1.87$3.28$5.15$93.85$104.155.27%
$96.00Jul 31$3.40$1.77$5.17$90.83$101.175.29%
$95.00Jul 31$4.08$1.41$5.49$89.51$100.495.62%
$100.00Jul 31$1.54$3.98$5.52$94.48$105.525.65%
$94.00Jul 31$4.80$1.08$5.88$88.12$99.886.02%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 160 found (cheapest 2.70% of stock, avg 11.80%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$101.00$95.00Jul 31$1.23$1.41$2.64$92.36$103.64
$100.00$95.00Jul 31$1.54$1.41$2.95$92.05$102.95
$101.00$96.00Jul 31$1.23$1.77$3.00$93.00$104.00
$101.00$96.50Jul 31$1.23$1.93$3.16$93.34$104.16
$99.00$95.00Jul 31$1.87$1.41$3.28$91.72$102.28
$100.00$96.00Jul 31$1.54$1.77$3.31$92.69$103.31
$100.00$96.50Jul 31$1.54$1.93$3.47$93.03$103.47
$101.00$97.00Jul 31$1.23$2.24$3.47$93.53$104.47
$98.50$95.00Jul 31$2.13$1.41$3.54$91.46$102.04
$99.00$96.00Jul 31$1.87$1.77$3.64$92.36$102.64

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 204 found (best R:R 19.00, avg credit $1.19)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
80/8293/95Sep 4$1.90$0.1019.00$80.10$94.90
80/8182/84Aug 14$1.85$0.1512.33$79.15$83.85
81/8283/85Aug 21$1.85$0.1512.33$80.15$84.85
79/8082/84Aug 14$1.82$0.1810.11$78.18$83.82
80/8287/90Sep 4$2.73$0.2710.11$79.27$89.73
80/8185/86Aug 14$0.90$0.109.00$80.10$85.90
82/8385/86Aug 14$0.90$0.109.00$82.10$85.90
86/8790/91Aug 14$0.90$0.109.00$86.10$90.90
87/8891/92Aug 21$0.90$0.109.00$87.10$91.90
85/8694/95Aug 28$0.90$0.109.00$85.10$94.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 112 found (best R:R 39.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$81.00$82.00$83.00Aug 7$0.05$0.9519.00
$86.00$87.00$88.00Aug 7$0.05$0.9519.00
$93.00$94.00$95.00Aug 28$0.05$0.9519.00
$83.00$84.00$85.00Jul 31$0.06$0.9415.67
$87.00$88.00$89.00Jul 31$0.06$0.9415.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$110.00$112.00$114.00Aug 14$0.05$1.9539.00
$95.00$97.00$99.00Sep 11$0.05$1.9539.00
$100.00$101.00$102.00Jul 31$0.05$0.9519.00
$83.00$84.00$85.00Aug 21$0.05$0.9519.00
$86.00$87.00$88.00Aug 21$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. 48 found (best net $-1.31, 48 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$110.00$115.001:2Aug 21-$1.31$3.69
$105.00$110.001:2Aug 21-$1.85$3.15
$116.00$117.001:2Jul 31-$0.05$0.95
$114.00$115.001:2Jul 31-$0.06$0.94
$112.00$113.001:2Jul 31-$0.10$0.90
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$81.00$80.001:2Jul 31-$0.05$0.95
$80.00$79.001:2Jul 31-$0.08$0.92
$85.00$84.001:2Jul 31-$0.09$0.91
$88.00$87.001:2Jul 31-$0.10$0.90
$89.00$88.001:2Jul 31-$0.10$0.90

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 103 found (best yield 9.16%, avg 3.64%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$98.00Sep 4$8.950.540.3%9.16%9.42%--22
$98.00Aug 28$8.300.540.3%8.49%8.76%1383
$99.00Sep 4$8.100.531.3%8.29%9.58%112
$99.00Aug 28$7.800.521.3%7.98%9.27%1145
$100.00Sep 4$7.700.512.3%7.88%10.19%640
$101.00Sep 4$7.600.503.3%7.78%11.11%--68
$100.00Aug 28$7.350.502.3%7.52%9.83%48248
$98.00Aug 21$7.150.530.3%7.32%7.58%32145
$98.50Aug 21$6.950.520.8%7.11%7.89%2311
$103.00Sep 4$6.800.475.4%6.96%12.34%--11

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 146,613
Total Puts 116,740
Put/Call Ratio 0.80
Net Difference 29,873

Prior's Put/Call Breakdown

Total Calls 198,138
Total Puts 90,873
Put/Call Ratio 0.46
Net Difference 107,265

Prior 7-Day Put/Call Summary

Total Calls 1,415,602
Total Puts 724,269
Average Put/Call Ratio 0.58
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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