Tour v492
MSTR
STRATEGY INC A
$96.85 -1.55%
$97.06 (+0.22%)🌙
as of 08/06 06:12 PM
8/6 18:12

Option Volume

Detail
Current (08/06) 296,115
Calls: 186,780 (63%)
Puts: 109,335 (37%)
Prior (08/05) 337,470
Calls: 262,013 (78%)
Puts: 75,457 (22%)
Current vs Prior -12.25%
Calls: -28.71% (Calls)
Puts: +44.90% (Puts)
Prior 7-Day Total 2,199,500
Calls: 1,468,756 (67%)
Puts: 730,744 (33%)
Prior 7-Day Average 314,214
Calls: 209,822 (67%)
Puts: 104,392 (33%)
Current vs Prior 7-Day Avg -5.76%
Calls: -10.98%
Puts: +4.74%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/06) $303.47M
Calls: $39.27M (13%)
Puts: $264.20M (87%)
Prior (08/05) $144.17M
Calls: $113.90M (79%)
Puts: $30.27M (21%)
Current vs Prior +110.49%
Calls: -65.53%
Puts: +772.75%
Prior 7-Day Total $999.27M
Calls: $462.70M (46%)
Puts: $536.57M (54%)
Prior 7-Day Average $142.75M
Calls: $66.10M (46%)
Puts: $76.65M (54%)
Current vs Prior 7-Day Avg +112.58%
Calls: -40.60%
Puts: +244.67%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/06) 0.59
Prior (08/05) 0.29
Current vs Prior +103.26%
Prior 7-Day Average 0.56
Current vs Prior 7-Day Avg +4.15%
Sentiment BULLISH

Open Interest

Detail
Current (08/06) 1,845,088
Calls: 988,261 (54%)
Puts: 856,827 (46%)
Prior (08/05) 1,788,342
Calls: 979,939 (55%)
Puts: 808,403 (45%)
Current vs Prior +3.17%
Prior 7-Day Total 15,532,225
Calls: 8,178,239 (53%)
Puts: 7,353,986 (47%)
Prior 7-Day Average 2,218,889
Calls: 1,168,319 (53%)
Puts: 1,050,569 (47%)
Current vs Prior 7-Day Avg -16.85%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 3.55% | 8.21%11.21% | 19.22%
Prior 5.06% | 9.56%12.17% | 20.36%
Current vs Prior -29.84% | -14.10%-7.85% | -5.63%
Prior 7-Day Avg 6.84% | 10.82%14.66% | 22.36%
Current vs 7-Day Avg -48.06% | -24.11%-23.51% | -14.06%
Prior 7-Day Eod 5.06% | 9.56%12.17% | 20.36%
Current vs 7-Day Eod -29.84% | -14.10%-7.85% | -5.63%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 7.58% | 7.88%
Calls: 6.02% | 6.74%
Puts: 9.15% | 9.02%
Prior 6.22% | 8.35%
Calls: 4.31% | 7.56%
Puts: 8.13% | 9.13%
Current vs Prior +21.86% | -5.63%
Prior 7-Day Avg 8.01% | 8.01%
Calls: 6.67% | 8.00%
Puts: 9.35% | 8.02%
Current vs 7-Day Avg -5.40% | -1.64%
Liquidity Expensive
+
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🤖 AI Insights

Strong bearish conviction with 87% of dollar volume in puts ($264.20M) vs calls ($39.27M). Massive premium surge with dollar volume up 110% vs prior. Dollar volume significantly above 7-day average (113% higher). Bullish P/C ratio of 0.59.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
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 193 of results (avg 6.4%, best 1.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 142.552.60$2.581.9%5.0K0.404.3K
$80.00Aug 716.6017.05$16.832.7%11.00197
$100.00Sep 188.058.30$8.183.1%9360.5036.6K
$79.00Aug 717.6018.15$17.883.1%261.004
$78.00Aug 1418.8019.40$19.103.1%200.96--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Aug 2118.5519.15$18.853.2%300.863.5K
$115.00Sep 1821.1521.85$21.503.3%200.712.5K
$113.00Aug 1416.1516.75$16.453.6%10.908
$100.00Sep 1810.6511.05$10.853.7%2910.508.4K
$110.00Sep 1817.2517.90$17.583.7%60.651.8K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 19 found (avg $0.64, cheapest $0.12)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$102.00Aug 70.220.25$0.2412.5%5.0K0.1224.0K
$101.00Aug 70.350.39$0.3710.8%3.3K0.1715.0K
$112.00Aug 140.430.50$0.4714.9%2490.10349
$100.00Aug 70.510.56$0.549.3%14.0K0.2323.6K
$110.00Aug 140.590.65$0.629.7%1.9K0.132.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Aug 70.110.13$0.1216.7%2.1K0.065.9K
$93.00Aug 70.340.40$0.3716.2%2.4K0.172.0K
$85.00Aug 140.480.54$0.5111.8%5680.101.4K
$94.00Aug 70.490.55$0.5211.5%4.0K0.232.5K
$80.00Aug 210.600.69$0.6513.8%9830.099.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 142 found (avg delta 0.71, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$79.00Aug 717.6018.15$17.883.1%261.004
$80.00Aug 716.6017.05$16.832.7%11.00197
$85.00Aug 711.5512.20$11.885.5%131.0047
$78.00Aug 1418.8019.40$19.103.1%200.96--
$80.00Aug 1416.7517.45$17.104.1%200.9621
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Aug 717.8018.90$18.356.0%2091.00223
$112.00Aug 714.8515.45$15.154.0%10.99--
$113.00Aug 715.8516.45$16.153.7%230.9912
$110.00Aug 712.7513.35$13.054.6%8860.99486
$108.00Aug 710.8511.55$11.206.3%620.98101

Most actively traded options today. High liquidity = easy entry/exit. 349 active (total vol 210.1K, top 18.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$99.00Aug 70.730.82$0.7711.7%18.5K0.3116.6K
$100.00Aug 70.510.56$0.549.3%14.0K0.2323.6K
$106.00Aug 141.021.15$1.0911.9%13.2K0.20370
$101.00Aug 142.162.30$2.236.3%12.2K0.36813
$94.00Aug 73.253.65$3.4511.6%10.9K0.789.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$94.00Aug 70.490.55$0.5211.5%4.0K0.232.5K
$85.00Aug 70.030.04$0.0425.0%3.3K0.025.4K
$94.00Aug 142.432.65$2.548.7%3.0K0.363.8K
$95.00Aug 70.780.88$0.8312.0%3.0K0.312.7K
$93.00Aug 70.340.40$0.3716.2%2.4K0.172.0K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 73 strikes (avg 46.2%, max 129.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$80.00Aug 7Sep 18159.5%73.4%117.3%5330
$114.00Aug 7Sep 4131.4%71.3%84.3%685522
$111.00Aug 7Sep 4130.2%71.2%83.0%2811.4K
$116.00Aug 7Aug 14137.3%75.2%82.7%70446
$113.00Aug 7Sep 4125.2%71.0%76.2%114354
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$79.00Aug 7Aug 14184.7%80.5%129.4%1226
$81.00Aug 7Aug 21167.5%74.4%125.1%73--
$80.00Aug 7Sep 18159.5%73.4%117.3%43512.3K
$82.00Aug 7Sep 4159.9%74.5%114.5%614.6K
$78.00Aug 7Aug 14172.4%84.2%104.7%377974

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 213 found (best R:R 9.00, avg 2.27)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$110.00$115.00Aug 21$0.60$4.40$0.607.33$110.60
$101.00$102.00Aug 7$0.13$0.87$0.136.69$101.13
$114.00$115.00Aug 28$0.13$0.87$0.136.69$114.13
$106.00$107.00Aug 14$0.14$0.86$0.146.14$106.14
$107.00$108.00Aug 14$0.14$0.86$0.146.14$107.14
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$92.00$91.00Aug 7$0.10$0.90$0.109.00$91.90
$93.00$92.00Aug 7$0.11$0.89$0.118.09$92.89
$86.00$85.00Aug 14$0.11$0.89$0.118.09$85.89
$87.00$86.00Aug 14$0.11$0.89$0.118.09$86.89
$81.00$80.00Aug 21$0.11$0.89$0.118.09$80.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 270 found (best R:R 14.15, avg 1.45)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$80.00$85.00Aug 14$4.67$4.67$0.3314.15$84.67
$91.00$92.00Aug 7$0.88$0.88$0.127.33$91.88
$93.00$94.00Aug 7$0.88$0.88$0.127.33$93.88
$80.00$85.00Aug 21$4.32$4.32$0.686.35$84.32
$86.00$87.00Aug 14$0.85$0.85$0.155.67$86.85
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$110.00$108.00Aug 14$1.78$1.78$0.228.09$108.22
$115.00$110.00Aug 21$4.42$4.42$0.587.62$110.58
$102.00$101.00Aug 7$0.87$0.87$0.136.69$101.13
$108.00$107.00Aug 14$0.87$0.87$0.136.69$107.13
$115.00$113.00Aug 28$1.73$1.73$0.276.41$113.27

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 73 found (avg debit $1.33, cheapest $0.08)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$116.00Aug 7Aug 14$0.25137.3%75.2%
$80.00Aug 7Aug 14$0.27159.5%76.8%
$115.00Aug 7Aug 14$0.29122.5%74.6%
$114.00Aug 7Aug 14$0.32131.4%74.0%
$113.00Aug 7Aug 14$0.37125.2%73.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$115.00Aug 7Aug 14$0.08122.5%74.6%
$79.00Aug 7Aug 14$0.14184.7%80.5%
$78.00Aug 7Aug 14$0.16172.4%84.2%
$80.00Aug 7Aug 14$0.17159.5%76.8%
$81.00Aug 7Aug 14$0.21167.5%77.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 135 found (cheapest 3.31% of stock, avg 13.28%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$96.50Aug 7$1.75$1.46$3.21$93.29$99.713.31%
$97.00Aug 7$1.53$1.69$3.22$93.78$100.223.32%
$96.00Aug 7$2.09$1.15$3.24$92.76$99.243.35%
$97.50Aug 7$1.32$2.01$3.33$94.17$100.833.44%
$98.00Aug 7$1.10$2.26$3.36$94.64$101.363.47%
$95.00Aug 7$2.67$0.83$3.50$91.50$98.503.61%
$98.50Aug 7$0.95$2.58$3.53$94.97$102.033.64%
$99.00Aug 7$0.77$2.89$3.66$95.34$102.663.78%
$94.00Aug 7$3.45$0.52$3.97$90.03$97.974.10%
$100.00Aug 7$0.54$3.70$4.24$95.76$104.244.38%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 166 found (cheapest 1.18% of stock, avg 9.63%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$99.00$93.00Aug 7$0.77$0.37$1.14$91.86$100.14
$99.00$94.00Aug 7$0.77$0.52$1.29$92.71$100.29
$98.50$93.00Aug 7$0.95$0.37$1.32$91.68$99.82
$98.00$93.00Aug 7$1.10$0.37$1.47$91.53$99.47
$98.50$94.00Aug 7$0.95$0.52$1.47$92.53$99.97
$99.00$95.00Aug 7$0.77$0.83$1.60$93.40$100.60
$98.00$94.00Aug 7$1.10$0.52$1.62$92.38$99.62
$97.50$93.00Aug 7$1.32$0.37$1.69$91.31$99.19
$98.50$95.00Aug 7$0.95$0.83$1.78$93.22$100.28
$97.50$94.00Aug 7$1.32$0.52$1.84$92.16$99.34

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 341 found (best R:R 9.53, avg credit $1.13)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
83/8587/89Sep 4$1.81$0.199.53$83.19$88.81
91/9293/94Aug 14$0.90$0.109.00$91.10$93.90
89/9095/96Aug 21$0.90$0.109.00$89.10$95.90
91/9294/95Sep 4$0.90$0.109.00$91.10$94.90
93/9499/100Sep 11$0.90$0.109.00$93.10$99.90
95/9699/100Sep 11$0.90$0.109.00$95.10$99.90
96/98101/103Sep 11$1.79$0.218.52$96.21$102.79
85/8690/91Aug 14$0.89$0.118.09$85.11$90.89
86/8790/91Aug 14$0.89$0.118.09$86.11$90.89
88/8991/92Aug 14$0.89$0.118.09$88.11$91.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 70 found (best R:R 27.57, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$101.00$103.00$105.00Sep 11$0.07$1.9327.57
$100.00$105.00$110.00Sep 18$0.23$4.7720.74
$101.00$102.00$103.00Aug 7$0.05$0.9519.00
$85.00$86.00$87.00Aug 14$0.05$0.9519.00
$90.00$91.00$92.00Aug 21$0.05$0.9519.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$106.00$108.00$110.00Sep 4$0.09$1.9121.22
$107.00$110.00$113.00Aug 28$0.15$2.8519.00
$100.00$105.00$110.00Sep 18$0.27$4.7317.52
$96.00$98.00$100.00Sep 11$0.11$1.8917.18
$82.00$83.00$84.00Aug 7$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. 66 found (best net $-3.22, 66 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$85.00$93.001:2Aug 28-$3.22$4.78
$110.00$115.001:2Aug 21-$0.32$4.68
$105.00$110.001:2Aug 21-$0.57$4.43
$110.00$115.001:2Sep 11-$2.00$3.00
$110.00$115.001:2Sep 18-$2.75$2.25
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$85.00$80.001:2Sep 11-$0.93$4.07
$85.00$80.001:2Sep 18-$1.48$3.52
$90.00$85.001:2Sep 18-$2.43$2.57
$95.00$90.001:2Sep 18-$3.73$1.27
$82.00$80.001:2Aug 28-$0.93$1.07

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 95 found (best yield 8.36%, avg 3.29%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$97.00Sep 11$8.100.540.1%8.36%8.52%151
$100.00Sep 18$8.050.503.2%8.31%11.56%93636.6K
$98.00Sep 11$7.650.531.2%7.90%9.09%10311
$97.00Sep 4$7.350.540.1%7.59%7.74%3771
$99.00Sep 11$7.250.512.2%7.49%9.71%2--
$98.00Sep 4$6.900.521.2%7.12%8.31%57103
$100.00Sep 11$6.800.493.2%7.02%10.27%1986
$99.00Sep 4$6.450.502.2%6.66%8.88%11216
$101.00Sep 11$6.400.474.3%6.61%10.89%210
$97.00Aug 28$6.350.530.1%6.56%6.71%56167

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 186,780
Total Puts 109,335
Put/Call Ratio 0.59
Net Difference 77,445

Prior's Put/Call Breakdown

Total Calls 262,013
Total Puts 75,457
Put/Call Ratio 0.29
Net Difference 186,556

Prior 7-Day Put/Call Summary

Total Calls 1,468,756
Total Puts 730,744
Average Put/Call Ratio 0.56
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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