Tour v490
MSTR
STRATEGY INC A
$97.65 +2.94%
8/4 18:17

Option Volume

Detail
Current (08/04) 203,823
Calls: 141,274 (69%)
Puts: 62,549 (31%)
Prior (08/03) 204,005
Calls: 127,260 (62%)
Puts: 76,745 (38%)
Current vs Prior -0.09%
Calls: +11.01% (Calls)
Puts: -18.50% (Puts)
Prior 7-Day Total 2,410,278
Calls: 1,524,899 (63%)
Puts: 885,379 (37%)
Prior 7-Day Average 344,325
Calls: 217,842 (63%)
Puts: 126,482 (37%)
Current vs Prior 7-Day Avg -40.81%
Calls: -35.15%
Puts: -50.55%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/04) $101.60M
Calls: $56.16M (55%)
Puts: $45.43M (45%)
Prior (08/03) $85.17M
Calls: $26.07M (31%)
Puts: $59.11M (69%)
Current vs Prior +19.28%
Calls: +115.47%
Puts: -23.13%
Prior 7-Day Total $1.14B
Calls: $440.69M (39%)
Puts: $698.25M (61%)
Prior 7-Day Average $162.70M
Calls: $62.96M (39%)
Puts: $99.75M (61%)
Current vs Prior 7-Day Avg -37.56%
Calls: -10.79%
Puts: -54.45%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/04) 0.44
Prior (08/03) 0.60
Current vs Prior -26.58%
Prior 7-Day Average 0.67
Current vs Prior 7-Day Avg -33.59%
Sentiment BULLISH

Open Interest

Detail
Current (08/04) 1,837,468
Calls: 980,450 (53%)
Puts: 857,018 (47%)
Prior (08/03) 2,478,562
Calls: 1,307,287 (53%)
Puts: 1,171,275 (47%)
Current vs Prior -25.87%
Prior 7-Day Total 16,150,538
Calls: 8,454,106 (52%)
Puts: 7,696,432 (48%)
Prior 7-Day Average 2,307,219
Calls: 1,207,729 (52%)
Puts: 1,099,490 (48%)
Current vs Prior 7-Day Avg -20.36%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 6.19% | 9.98%12.88% | 21.13%
Prior 7.33% | 10.84%13.65% | 20.94%
Current vs Prior -15.58% | -7.87%-5.63% | +0.91%
Prior 7-Day Avg 7.87% | 11.63%16.13% | 23.59%
Current vs 7-Day Avg -21.45% | -14.13%-20.14% | -10.46%
Prior 7-Day Eod 7.33% | 10.84%13.65% | 20.94%
Current vs 7-Day Eod -15.58% | -7.87%-5.63% | +0.91%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 8.61% | 7.54%
Calls: 6.35% | 5.94%
Puts: 10.86% | 9.13%
Prior 6.35% | 6.69%
Calls: 5.71% | 6.69%
Puts: 6.98% | 6.69%
Current vs Prior +35.59% | +12.71%
Prior 7-Day Avg 7.13% | 7.46%
Calls: 6.53% | 7.70%
Puts: 7.73% | 7.23%
Current vs 7-Day Avg +20.76% | +1.01%
Liquidity Expensive
+
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🤖 AI Insights

Extreme bullish P/C ratio of 0.44 - heavy call buying (141,274 calls vs 62,549 puts). P/C ratio dropping 27% - sentiment shifting bullish. Declining open interest (down 26%) 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 BEARISH
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 210 of results (avg 6.5%, best 3.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Aug 717.5018.05$17.773.1%160.98193
$80.00Aug 2118.5019.10$18.803.2%260.89--
$79.00Aug 718.4519.05$18.753.2%10.994
$80.00Aug 1417.8518.45$18.153.3%10.94--
$85.00Aug 2114.3014.85$14.583.8%40.82603
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Sep 1817.4017.95$17.673.1%390.621.8K
$115.00Aug 2118.2518.85$18.553.2%570.813.5K
$115.00Aug 717.1017.70$17.403.4%421.00279
$113.00Aug 715.1515.70$15.433.6%70.9417
$94.00Aug 71.361.41$1.393.6%9810.292.2K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 14 found (avg $0.55, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$112.00Aug 70.160.19$0.1816.7%4680.05843
$111.00Aug 70.190.22$0.2114.3%2320.061.3K
$110.00Aug 70.240.28$0.2615.4%3.3K0.087.3K
$109.00Aug 70.310.34$0.339.1%1560.09794
$107.00Aug 70.460.52$0.4912.2%1.4K0.131.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Aug 70.050.06$0.0616.7%4280.022.5K
$90.00Aug 70.500.55$0.539.4%2.9K0.135.8K
$91.00Aug 70.620.69$0.6610.6%3530.162.5K
$84.00Aug 140.640.75$0.7015.7%390.1172
$92.00Aug 70.790.89$0.8411.9%1.1K0.201.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 143 found (avg delta 0.70, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$79.00Aug 718.4519.05$18.753.2%10.994
$80.00Aug 717.5018.05$17.773.1%160.98193
$82.00Aug 715.4016.10$15.754.4%160.9819
$83.00Aug 714.5015.10$14.804.1%610.9755
$84.00Aug 713.5514.10$13.834.0%10.96--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$114.00Aug 716.1016.70$16.403.7%11.00--
$115.00Aug 717.1017.70$17.403.4%421.00279
$113.00Aug 715.1515.70$15.433.6%70.9417
$112.00Aug 714.1514.90$14.535.2%10.93--
$111.00Aug 713.2013.80$13.504.4%70.9247

Most actively traded options today. High liquidity = easy entry/exit. 350 active (total vol 112.4K, top 10.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 71.882.01$1.946.7%10.2K0.3921.5K
$105.00Aug 70.680.76$0.7211.1%7.6K0.1812.4K
$98.00Aug 72.702.83$2.774.7%3.9K0.5012.9K
$105.00Aug 213.403.65$3.537.1%3.5K0.367.0K
$100.00Aug 143.703.90$3.805.3%3.3K0.451.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Aug 70.500.55$0.539.4%2.9K0.135.8K
$93.00Aug 71.001.12$1.0611.3%2.0K0.241.1K
$95.00Aug 71.641.76$1.707.1%1.8K0.342.6K
$92.00Aug 70.790.89$0.8411.9%1.1K0.201.2K
$96.00Aug 72.012.26$2.1311.7%9860.40276

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 17.3%, max 38.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$80.00Aug 7Sep 18106.5%77.2%38.1%37335
$115.00Aug 7Sep 1896.0%75.9%26.5%1.9K7.3K
$82.00Aug 7Sep 497.5%77.8%25.3%1819
$112.00Aug 7Sep 492.4%74.8%23.6%474843
$114.00Aug 7Sep 492.6%75.0%23.5%84509
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$80.00Aug 7Sep 18106.5%77.2%38.1%68112.5K
$81.00Aug 7Aug 21102.1%79.6%28.2%572.5K
$115.00Aug 7Sep 1896.0%75.9%26.5%50279
$82.00Aug 7Sep 497.5%77.8%25.3%3315.4K
$79.00Aug 7Aug 14105.6%84.5%25.0%242850

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 238 found (best R:R 8.09, avg 2.09)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$112.00$113.00Aug 14$0.11$0.89$0.118.09$112.11
$110.00$111.00Aug 14$0.12$0.88$0.127.33$110.12
$105.00$106.00Aug 7$0.14$0.86$0.146.14$105.14
$108.00$109.00Aug 14$0.14$0.86$0.146.14$108.14
$110.00$115.00Aug 21$0.78$4.22$0.785.41$110.78
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$89.00$88.00Aug 7$0.11$0.89$0.118.09$88.89
$82.00$81.00Aug 21$0.12$0.88$0.127.33$81.88
$82.00$80.00Aug 28$0.24$1.76$0.247.33$81.76
$90.00$89.00Aug 7$0.13$0.87$0.136.69$89.87
$91.00$90.00Aug 7$0.13$0.87$0.136.69$90.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 287 found (best R:R 9.00, avg 1.29)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$80.00$86.00Aug 14$5.40$5.40$0.609.00$85.40
$88.00$89.00Aug 7$0.88$0.88$0.127.33$88.88
$89.00$90.00Aug 7$0.87$0.87$0.136.69$89.87
$90.00$91.00Aug 7$0.85$0.85$0.155.67$90.85
$80.00$85.00Aug 21$4.22$4.22$0.785.41$84.22
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$115.00$114.00Aug 14$0.90$0.90$0.109.00$114.10
$111.00$110.00Aug 14$0.87$0.87$0.136.69$110.13
$105.00$104.00Aug 7$0.85$0.85$0.155.67$104.15
$106.00$105.00Aug 7$0.85$0.85$0.155.67$105.15
$110.00$109.00Aug 7$0.85$0.85$0.155.67$109.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 76 found (avg debit $1.33, cheapest $0.29)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$80.00Aug 7Aug 14$0.38106.5%81.0%
$117.00Aug 7Aug 14$0.5299.6%81.4%
$116.00Aug 7Aug 14$0.5996.6%80.9%
$115.00Aug 7Aug 14$0.6596.0%80.5%
$114.00Aug 7Aug 14$0.7292.6%79.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$80.00Aug 7Aug 14$0.29106.5%81.0%
$79.00Aug 7Aug 14$0.31105.6%84.5%
$81.00Aug 7Aug 14$0.38102.1%81.5%
$82.00Aug 7Aug 14$0.4597.5%80.7%
$83.00Aug 7Aug 14$0.5196.7%79.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 135 found (cheapest 5.94% of stock, avg 14.26%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$98.00Aug 7$2.77$3.03$5.80$92.20$103.805.94%
$98.50Aug 7$2.50$3.30$5.80$92.70$104.305.94%
$97.50Aug 7$3.01$2.81$5.82$91.68$103.325.96%
$97.00Aug 7$3.30$2.53$5.83$91.17$102.835.97%
$96.50Aug 7$3.55$2.29$5.84$90.66$102.345.98%
$99.00Aug 7$2.32$3.58$5.90$93.10$104.906.04%
$96.00Aug 7$3.85$2.13$5.98$90.02$101.986.12%
$100.00Aug 7$1.94$4.20$6.14$93.86$106.146.29%
$95.00Aug 7$4.47$1.70$6.17$88.83$101.176.32%
$94.00Aug 7$5.10$1.39$6.49$87.51$100.496.65%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 3.40% of stock, avg 10.99%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$101.00$95.00Aug 7$1.62$1.70$3.32$91.68$104.32
$100.00$95.00Aug 7$1.94$1.70$3.64$91.36$103.64
$101.00$96.00Aug 7$1.62$2.13$3.75$92.25$104.75
$101.00$96.50Aug 7$1.62$2.29$3.91$92.59$104.91
$99.00$95.00Aug 7$2.32$1.70$4.02$90.98$103.02
$100.00$96.00Aug 7$1.94$2.13$4.07$91.93$104.07
$101.00$97.00Aug 7$1.62$2.53$4.15$92.85$105.15
$98.50$95.00Aug 7$2.50$1.70$4.20$90.80$102.70
$100.00$96.50Aug 7$1.94$2.29$4.23$92.27$104.23
$101.00$97.50Aug 7$1.62$2.81$4.43$93.07$105.43

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 350 found (best R:R 9.53, avg credit $1.12)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
84/8586/88Aug 14$1.81$0.199.53$83.19$87.81
89/9094/95Aug 14$0.90$0.109.00$89.10$94.90
83/8488/89Aug 28$0.89$0.118.09$83.11$88.89
83/8489/90Aug 28$0.89$0.118.09$83.11$89.89
86/8788/89Aug 28$0.89$0.118.09$86.11$88.89
86/8789/90Aug 28$0.89$0.118.09$86.11$89.89
90/9295/97Sep 11$1.78$0.228.09$90.22$96.78
100/105110/115Sep 18$4.43$0.577.77$100.57$114.43
92/9395/96Aug 14$0.88$0.127.33$92.12$95.88
83/8485/87Aug 21$1.76$0.247.33$82.24$86.76

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 86 found (best R:R 39.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$105.00$106.00$107.00Aug 7$0.05$0.9519.00
$86.00$88.00$90.00Aug 14$0.10$1.9019.00
$93.00$94.00$95.00Aug 14$0.05$0.9519.00
$94.00$95.00$96.00Aug 14$0.05$0.9519.00
$99.00$100.00$101.00Aug 7$0.06$0.9415.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$101.00$103.00$105.00Sep 4$0.05$1.9539.00
$100.00$105.00$110.00Sep 18$0.16$4.8430.25
$87.00$88.00$89.00Aug 7$0.05$0.9519.00
$90.00$91.00$92.00Aug 7$0.05$0.9519.00
$100.00$101.00$102.00Aug 7$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. 59 found (best net $-3.67, 59 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$110.00$115.001:2Aug 21-$0.71$4.29
$105.00$110.001:2Aug 21-$1.01$3.99
$110.00$115.001:2Sep 11-$2.70$2.30
$80.00$90.001:2Sep 18-$8.12$1.88
$110.00$115.001:2Sep 18-$3.45$1.55
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$110.00$100.001:2Sep 11-$3.67$6.33
$85.00$80.001:2Sep 11-$1.04$3.96
$85.00$80.001:2Sep 18-$1.77$3.23
$90.00$85.001:2Sep 18-$2.76$2.24
$80.00$79.001:2Aug 7$0.00$1.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 95 found (best yield 9.47%, avg 3.76%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$100.00Sep 18$9.250.522.4%9.47%11.88%56236.5K
$98.00Sep 11$8.900.540.4%9.11%9.47%2--
$99.00Sep 11$8.450.531.4%8.65%10.04%391
$98.00Sep 4$8.050.540.4%8.24%8.60%5031
$100.00Sep 11$8.000.512.4%8.19%10.60%177
$99.00Sep 4$7.600.521.4%7.78%9.17%715
$105.00Sep 18$7.350.457.5%7.53%15.05%3073.5K
$100.00Sep 4$7.200.502.4%7.37%9.78%7692
$102.00Sep 11$7.200.484.5%7.37%11.83%1--
$98.00Aug 28$7.100.530.4%7.27%7.63%1492

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 141,274
Total Puts 62,549
Put/Call Ratio 0.44
Net Difference 78,725

Prior's Put/Call Breakdown

Total Calls 127,260
Total Puts 76,745
Put/Call Ratio 0.60
Net Difference 50,515

Prior 7-Day Put/Call Summary

Total Calls 1,524,899
Total Puts 885,379
Average Put/Call Ratio 0.67
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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