Tour v531
MSTR
STRATEGY INC A
$146.01 +0.14%
$146.94 (+0.64%)🌙
as of 10/23 06:03 PM
◀ 10/23 18:03 ▶

Option Volume

Detail
ℹ
Current (10/23) 786,544
Calls: 506,033 (64%)
Puts: 280,511 (36%)
Prior (10/22) 422,160
Calls: 248,182 (59%)
Puts: 173,978 (41%)
Current vs Prior +86.31%
Calls: +103.90% (Calls)
Puts: +61.23% (Puts)
Prior 7-Day Total 2,566,383
Calls: 1,519,402 (59%)
Puts: 1,046,981 (41%)
Prior 7-Day Average 366,626
Calls: 217,057 (59%)
Puts: 149,568 (41%)
Current vs Prior 7-Day Avg +114.54%
Calls: +133.13%
Puts: +87.55%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (10/23) $312.01M
Calls: $241.73M (77%)
Puts: $70.28M (23%)
Prior (10/22) $166.19M
Calls: $85.16M (51%)
Puts: $81.03M (49%)
Current vs Prior +87.75%
Calls: +183.85%
Puts: -13.26%
Prior 7-Day Total $1.35B
Calls: $816.96M (61%)
Puts: $531.49M (39%)
Prior 7-Day Average $192.64M
Calls: $116.71M (61%)
Puts: $75.93M (39%)
Current vs Prior 7-Day Avg +61.97%
Calls: +107.13%
Puts: -7.44%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (10/23) 0.55
Prior (10/22) 0.70
Current vs Prior -20.92%
Prior 7-Day Average 0.72
Current vs Prior 7-Day Avg -22.75%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (10/23) 2,595,866
Calls: 1,425,493 (55%)
Puts: 1,170,373 (45%)
Prior (10/22) 2,541,352
Calls: 1,393,398 (55%)
Puts: 1,147,954 (45%)
Current vs Prior +2.15%
Prior 7-Day Total 17,290,810
Calls: 9,703,736 (56%)
Puts: 7,587,074 (44%)
Prior 7-Day Average 2,470,115
Calls: 1,386,248 (56%)
Puts: 1,083,867 (44%)
Current vs Prior 7-Day Avg +5.09%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (10/23) | Next (10/30)Expiry (11/20) | Next (12/18)
Current 1.00% | 8.82%16.31% | 23.66%
Prior 4.05% | 9.61%16.58% | 23.99%
Current vs Prior +117.99% | +25.66%-1.63% | -1.37%
Prior 7-Day Avg 6.22% | 10.09%9.87% | 21.00%
Current vs 7-Day Avg +41.87% | +19.71%+65.30% | +12.68%
Prior 7-Day Eod 4.05% | 9.61%16.58% | 23.99%
Current vs 7-Day Eod +117.99% | +25.66%-1.63% | -1.37%
Sentiment BEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 2.58% | 3.54%
Calls: 2.70% | 3.61%
Puts: 2.47% | 3.48%
Prior 2.58% | 3.54%
Calls: 2.70% | 3.61%
Puts: 2.47% | 3.48%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 3.51% | 2.89%
Calls: 4.14% | 3.16%
Puts: 2.87% | 2.61%
Current vs 7-Day Avg -26.41% | +22.55%
Liquidity Good
+
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🤖 AI Insights

Strong bullish conviction with 77% of dollar volume in calls ($241.73M) vs puts ($70.28M). Elevated premium activity with dollar volume up 88% vs prior. Dollar volume significantly above 7-day average (62% higher). Above-average activity with volume up 86% vs prior.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
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 249 of results (avg 4.2%, best 0.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Nov 2021.4521.55$21.500.5%710.752.3K
$131.00Nov 2020.7520.85$20.800.5%40.7416
$136.00Nov 2017.4517.55$17.500.6%260.6847
$137.00Nov 2016.8516.95$16.900.6%140.6684
$128.00Nov 2022.8523.00$22.930.7%--0.7755
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Nov 2031.8031.95$31.880.5%30.781.2K
$170.00Nov 2027.6527.80$27.730.5%30.732.2K
$165.00Nov 2023.7023.90$23.800.8%1000.693.1K
$155.00Nov 2016.6516.80$16.730.9%2240.573.1K
$162.50Nov 2021.8022.00$21.900.9%410.66154

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 14 found (avg $0.67, cheapest $0.99)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Oct 300.430.45$0.444.5%8700.062.2K
$172.50Oct 300.530.57$0.557.3%1.9K0.08938
$170.00Oct 300.680.71$0.704.3%6.2K0.103.8K
$167.50Oct 300.860.90$0.884.5%2.2K0.12866
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$147.00Oct 230.961.01$0.995.1%17.0K0.921.1K
$121.00Oct 300.450.49$0.478.5%310.06285
$122.00Oct 300.500.53$0.525.8%420.06697
$123.00Oct 300.550.59$0.577.0%370.07909
$124.00Oct 300.610.64$0.634.8%1740.08258

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 197 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$117.00Oct 2327.6531.80$29.7314.0%171.0010
$118.00Oct 2327.1531.30$29.2314.2%171.0029
$119.00Oct 2325.4530.30$27.8817.4%211.0038
$120.00Oct 2324.9528.05$26.5011.7%791.00301
$121.00Oct 2322.2028.35$25.2824.3%371.0045
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Oct 2313.8014.85$14.337.3%1.1K0.994.4K
$162.50Oct 2315.9017.10$16.507.3%510.99239
$165.00Oct 2318.3522.25$20.3019.2%5010.99312
$152.50Oct 236.306.50$6.403.1%2.0K0.991.5K
$155.00Oct 238.709.50$9.108.8%1.4K0.993.6K

Most actively traded options today. High liquidity = easy entry/exit. 394 active (total vol 655.5K, top 51.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Oct 230.000.01$0.01100.0%51.8K0.0118.5K
$155.00Oct 230.000.02$0.01200.0%50.8K0.0134.4K
$148.00Oct 230.000.01$0.01100.0%36.8K0.0222.5K
$152.50Oct 230.000.01$0.01100.0%34.8K0.0111.1K
$152.50Oct 303.603.70$3.652.7%34.0K0.365.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Oct 230.050.08$0.0742.9%27.7K0.133.8K
$150.00Oct 233.904.00$3.952.5%19.3K0.995.1K
$147.00Oct 230.961.01$0.995.1%17.0K0.921.1K
$148.00Oct 231.921.98$1.953.1%15.8K0.98628
$146.00Oct 230.280.64$0.4678.3%15.1K0.482.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 1 strikes (avg 54.0%, max 54.0%)

CALLS (0)
No calls found
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$146.00Oct 23Nov 20111.3%72.2%54.0%15.4K2.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 227 found (best R:R 1.20, avg 2.38)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$120.00$125.00Nov 27$2.27$2.73$2.2783%1.20$122.27
$125.00$130.00Nov 13$2.27$2.73$2.2783%1.20$127.27
$145.00$150.00Dec 4$1.12$3.88$1.1254%3.46$146.12
$130.00$135.00Nov 27$2.51$2.49$2.5174%0.99$132.51
$132.00$133.00Oct 23$0.20$0.80$0.20100%4.00$132.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$155.00$150.00Dec 4$1.53$3.47$1.5355%2.27$153.47
$157.50$155.00Nov 6$1.43$1.07$1.4366%0.75$156.07
$162.50$160.00Nov 13$1.52$0.98$1.5269%0.64$160.98
$147.00$146.00Oct 23$0.53$0.47$0.5392%0.89$146.47
$147.00$146.00Nov 20$0.32$0.68$0.3247%2.12$146.68

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 141 found (best R:R 0.88, avg 0.52)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$165.00$170.00Dec 4$2.34$2.34$2.6666%0.88$167.34
$155.00$160.00Dec 4$2.24$2.24$2.7656%0.81$157.24
$167.50$170.00Nov 6$0.58$0.58$1.9279%0.30$168.08
$149.00$150.00Oct 30$0.55$0.55$0.4555%1.22$149.55
$172.50$175.00Nov 6$0.40$0.40$2.1084%0.19$172.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$130.00$125.00Dec 4$1.75$1.75$3.2572%0.54$128.25
$140.00$135.00Dec 4$2.25$2.25$2.7561%0.82$137.75
$135.00$130.00Nov 27$1.83$1.83$3.1768%0.58$133.17
$140.00$135.00Nov 27$2.12$2.12$2.8862%0.74$137.88
$129.00$128.00Nov 6$0.57$0.57$0.4381%1.33$128.43

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 1 found (avg debit $5.64, cheapest $5.64)

CALLS (0)
No calls found
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$146.00Oct 23Oct 30$5.64111.3%76.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 117 found (cheapest 0.64% of stock, avg 11.99%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$146.00Oct 23$0.47$0.46$0.93$145.07$146.930.64%
$147.00Oct 23$0.05$0.99$1.04$145.96$148.040.71%
$145.00Oct 23$1.12$0.07$1.19$143.81$146.190.82%
$148.00Oct 23$0.01$1.95$1.96$146.04$149.961.34%
$144.00Oct 23$2.05$0.03$2.08$141.92$146.081.42%
$149.00Oct 23$0.01$2.91$2.92$146.08$151.922.00%
$143.00Oct 23$3.08$0.03$3.11$139.89$146.112.13%
$150.00Oct 23$0.01$3.95$3.96$146.04$153.962.71%
$142.00Oct 23$4.05$0.01$4.06$137.94$146.062.78%
$141.00Oct 23$5.05$0.02$5.07$135.93$146.073.47%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 153 found (cheapest 0.05% of stock, avg 10.69%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$147.00$144.00Oct 23$0.05$0.03$0.08$143.92$147.08
$147.00$145.00Oct 23$0.05$0.07$0.12$144.88$147.12
$147.00$146.00Oct 23$0.05$0.46$0.51$145.49$147.51
$152.50$142.00Oct 30$3.65$4.25$7.90$134.10$160.40
$152.50$143.00Oct 30$3.65$4.68$8.33$134.67$160.83
$150.00$142.00Oct 30$4.35$4.25$8.60$133.40$158.60
$150.00$143.00Oct 30$4.35$4.68$9.03$133.97$159.03
$152.50$144.00Oct 30$3.65$5.10$8.75$135.25$161.25
$150.00$144.00Oct 30$4.35$5.10$9.45$134.55$159.45
$149.00$142.00Oct 30$4.90$4.25$9.15$132.85$158.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 128 found (best R:R 4.49, avg credit $1.00)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
125/130165/170Dec 4$4.09$0.9138%4.49$125.91$169.09
130/135165/170Dec 4$4.09$0.9133%4.49$130.91$169.09
120/125165/170Dec 4$3.17$1.8344%1.73$121.83$168.17
128/129162/165Nov 6$1.06$1.4455%0.74$127.94$163.56
128/129160/162Nov 6$1.14$1.3651%0.84$127.86$161.14
128/129158/160Nov 6$1.22$1.2848%0.95$127.78$158.72
119/120165/168Oct 30$0.37$2.1380%0.17$119.63$165.37
117/118165/168Oct 30$0.35$2.1581%0.16$117.65$165.35
119/120158/160Oct 30$0.64$1.8669%0.34$119.36$158.14
119/120162/165Oct 30$0.43$2.0777%0.21$119.57$162.93

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 137 found (best R:R 6.14, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$146.00$147.00$148.00Oct 23$0.38$0.6296%1.63
$145.00$146.00$147.00Oct 23$0.23$0.7782%3.35
$135.00$140.00$145.00Nov 27$0.21$4.7913%22.81
$155.00$157.50$160.00Oct 30$0.07$2.439%34.71
$165.00$170.00$175.00Nov 20$0.19$4.819%25.32
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$145.00$146.00$147.00Oct 23$0.14$0.8679%6.14
$135.00$140.00$145.00Nov 27$0.18$4.8212%26.78
$157.50$160.00$162.50Nov 6$0.05$2.457%49.00
$152.50$155.00$157.50Oct 30$0.10$2.4010%24.00
$150.00$155.00$160.00Nov 27$0.28$4.7212%16.86

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 74 found (best net $-1.50, 66 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$144.00$145.001:2Oct 23-$0.19$0.81
$152.50$155.001:2Oct 23-$0.01$2.49
$150.00$152.501:2Oct 23-$0.01$2.49
$160.00$162.501:2Oct 23-$0.01$2.49
$162.50$165.001:2Oct 23-$0.01$2.49
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$152.50$150.001:2Oct 23-$1.50$1.00
$141.00$140.001:2Oct 23$0.00$1.00
$131.00$130.001:2Oct 23$0.00$1.00
$149.00$148.001:2Oct 23-$0.99$0.01
$120.00$119.001:2Oct 30-$0.18$0.82

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 65 found (best yield 6.57%, avg 3.63%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$155.00Dec 4$9.600.446.2%6.57%12.73%433
$155.00Nov 27$9.050.446.2%6.20%12.36%99636
$150.00Nov 27$10.850.492.7%7.43%10.16%211284
$165.00Dec 4$6.000.3413.0%4.11%17.12%767
$165.00Nov 27$5.950.3313.0%4.08%17.08%154378
$160.00Nov 27$6.850.389.6%4.69%14.27%158326
$152.50Nov 20$9.150.464.4%6.27%10.71%1.2K190
$155.00Nov 20$8.250.436.2%5.65%11.81%8933.2K
$160.00Dec 4$6.800.389.6%4.66%14.24%29339
$149.00Nov 20$10.600.502.0%7.26%9.31%93340

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 506,033
Total Puts 280,511
Put/Call Ratio 0.55
Net Difference 225,522

Prior's Put/Call Breakdown

Total Calls 248,182
Total Puts 173,978
Put/Call Ratio 0.70
Net Difference 74,204

Prior 7-Day Put/Call Summary

Total Calls 1,519,402
Total Puts 1,046,981
Average Put/Call Ratio 0.72
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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