MSTR - Options Database

MSTR

STRATEGY INC A

$93.63 -6.38%

$91.24 (-0.47%)🌙

as of 07/24 10:55 PM

(7/23 18:06) ◀

Thursday, July 23, 2026 (10:55pm)

▶

◀ 7/23 22:56

Option Volume

Detail

ℹ

Current (07/23 10:55pm) 384,831

Calls: 290,999 (76%)

Puts: 93,832 (24%)

Prior (07/22 3:06pm) 200,569

Calls: 136,033 (68%)

Puts: 64,536 (32%)

Current vs Prior +91.87%

Calls: +113.92% (Calls)

Puts: +45.39% (Puts)

Prior 7-Day Total 2,083,609

Calls: 1,322,191 (63%)

Puts: 761,418 (37%)

Prior 7-Day Average 297,658

Calls: 188,884 (63%)

Puts: 108,774 (37%)

Current vs Prior 7-Day Avg +29.29%

Calls: +54.06%

Puts: -13.74%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/23 10:55pm) $248.01M

Calls: $73.21M (30%)

Puts: $174.80M (70%)

Prior (07/22 3:06pm) $68.71M

Calls: $41.90M (61%)

Puts: $26.81M (39%)

Current vs Prior +260.95%

Calls: +74.71%

Puts: +552.04%

Prior 7-Day Total $890.64M

Calls: $397.89M (45%)

Puts: $492.75M (55%)

Prior 7-Day Average $127.23M

Calls: $56.84M (45%)

Puts: $70.39M (55%)

Current vs Prior 7-Day Avg +94.92%

Calls: +28.79%

Puts: +148.32%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/23 10:55pm) 0.32

Prior (07/22 3:06pm) 0.47

Current vs Prior -32.03%

Prior 7-Day Average 0.66

Current vs Prior 7-Day Avg -51.24%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/23 10:55pm) 2,546,461

Calls: 1,311,668 (52%)

Puts: 1,234,793 (48%)

Prior (07/22 3:06pm) 2,486,139

Calls: 1,276,107 (51%)

Puts: 1,210,032 (49%)

Current vs Prior +2.43%

Prior 7-Day Total 16,455,149

Calls: 9,459,234 (52%)

Puts: 8,744,851 (48%)

Prior 7-Day Average 2,350,735

Calls: 1,351,319 (52%)

Puts: 1,249,264 (48%)

Current vs Prior 7-Day Avg +8.33%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)

Current 5.66% | 11.26%19.27% | 28.94%

Prior 5.66% | 11.26%19.27% | 28.94%

Current vs Prior -28.70% | -5.18%+0.00% | +0.00%

Prior 7-Day Avg 6.72% | 11.72%11.29% | 24.83%

Current vs 7-Day Avg -39.96% | -8.91%+70.76% | +16.55%

Prior 7-Day Eod 5.54% | 11.18%19.12% | 29.03%

Current vs 7-Day Eod -27.12% | -4.46%+0.81% | -0.30%

Sentiment BULLISHNEUTRAL

Relative Spread

Detail

ℹ

Expiry | Next

Current 5.67% | 5.76%

Calls: 6.04% | 5.41%

Puts: 5.30% | 6.11%

Prior 5.67% | 5.76%

Calls: 6.04% | 5.41%

Puts: 5.30% | 6.11%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 9.06% | 7.10%

Calls: 9.29% | 7.28%

Puts: 8.83% | 6.92%

Current vs 7-Day Avg -37.42% | -18.86%

Liquidity Pricy

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🤖 AI Insights

Moderately bearish flow with 70% put dollar volume ($174.80M). Massive premium surge with dollar volume up 261% vs prior. Dollar volume significantly above 7-day average (95% higher). Above-average activity with volume up 92% vs prior.

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 BULLISH

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BEARISH

7-Day Avg BEARISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
22:55	BEARISH	BULLISH	BULLISH
16:20	BEARISH	BULLISH	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

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 175 of results (avg 7.0%, best 3.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$76.00	Jul 24	17.45	18.10	$17.77	3.7%	3	0.98	26
$77.00	Jul 24	16.45	17.10	$16.77	3.9%	3	0.98	--
$83.00	Aug 21	14.85	15.45	$15.15	4.0%	14	0.74	--
$86.00	Aug 21	12.90	13.45	$13.18	4.2%	15	0.69	--
$90.00	Aug 21	10.55	11.00	$10.78	4.2%	165	0.62	619

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$110.00	Aug 21	19.05	19.65	$19.35	3.1%	82	0.71	5.3K
$105.00	Aug 21	15.30	15.85	$15.58	3.5%	76	0.64	1.9K
$100.00	Aug 21	11.95	12.40	$12.18	3.7%	357	0.56	4.6K
$104.00	Aug 21	14.60	15.15	$14.88	3.7%	--	0.63	62
$112.00	Jul 24	17.90	18.60	$18.25	3.8%	3	1.00	64

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.52, cheapest $0.16)

CALLS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$100.00	Jul 24	0.15	0.17	$0.16	12.5%	11.3K	0.08	13.9K
$99.00	Jul 24	0.20	0.24	$0.22	18.2%	2.1K	0.11	1.4K
$110.00	Jul 31	0.60	0.71	$0.66	16.7%	2.3K	0.12	3.6K
$96.00	Jul 24	0.70	0.85	$0.77	19.5%	8.0K	0.30	8.2K

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$77.00	Jul 31	0.50	0.55	$0.53	9.4%	27	0.08	310
$80.00	Jul 31	0.75	0.85	$0.80	12.5%	1.5K	0.12	2.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 186 found (avg delta 0.71, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$75.00	Jul 24	18.25	19.10	$18.68	4.6%	32	0.99	65
$78.00	Jul 24	15.25	16.10	$15.68	5.4%	--	0.99	42
$76.00	Jul 24	17.45	18.10	$17.77	3.7%	3	0.98	26
$77.00	Jul 24	16.45	17.10	$16.77	3.9%	3	0.98	--
$82.00	Jul 24	11.25	12.15	$11.70	7.7%	18	0.98	79

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$104.00	Jul 24	9.90	10.60	$10.25	6.8%	26	1.00	143
$105.00	Jul 24	10.90	11.60	$11.25	6.2%	322	1.00	1.1K
$106.00	Jul 24	11.90	12.80	$12.35	7.3%	23	1.00	65
$107.00	Jul 24	12.90	13.60	$13.25	5.3%	47	1.00	122
$108.00	Jul 24	13.90	14.60	$14.25	4.9%	132	1.00	936

Most actively traded options today. High liquidity = easy entry/exit. 390 active (total vol 279.9K, top 38.8K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$105.00	Jul 24	0.02	0.04	$0.03	66.7%	38.8K	0.02	32.8K
$101.00	Jul 24	0.10	0.13	$0.12	25.0%	36.5K	0.06	32.4K
$97.50	Jul 31	3.00	3.40	$3.20	12.5%	18.4K	0.40	169
$103.00	Jul 31	1.48	1.76	$1.62	17.3%	18.2K	0.25	451
$102.00	Jul 24	0.05	0.15	$0.10	100.0%	14.3K	0.05	22.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$93.00	Jul 24	1.16	1.48	$1.32	24.2%	4.1K	0.42	813
$95.00	Jul 24	2.09	2.48	$2.29	17.0%	2.7K	0.61	4.2K
$75.00	Aug 21	2.03	2.31	$2.17	12.9%	2.3K	0.16	3.9K
$90.00	Jul 24	0.38	0.48	$0.43	23.3%	2.1K	0.18	5.2K
$94.00	Jul 24	1.56	1.91	$1.74	20.1%	2.1K	0.52	891

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 74 strikes (avg 33.9%, max 117.2%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$75.00	Jul 24	Aug 21	189.0%	89.0%	112.4%	34	368
$80.00	Jul 24	Aug 28	164.0%	84.0%	95.2%	9	229
$77.00	Jul 24	Jul 31	193.0%	99.0%	94.9%	43	--
$78.00	Jul 24	Jul 31	172.0%	98.0%	75.5%	2	42
$109.00	Jul 24	Aug 14	136.0%	83.0%	63.9%	402	1.0K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$75.00	Jul 24	Aug 28	189.0%	87.0%	117.2%	522	10.7K
$76.00	Jul 24	Jul 31	204.0%	102.0%	100.0%	257	1.5K
$80.00	Jul 24	Aug 28	164.0%	84.0%	95.2%	567	12.8K
$77.00	Jul 24	Jul 31	193.0%	99.0%	94.9%	27	668
$79.00	Jul 24	Jul 31	173.0%	98.0%	76.5%	318	1.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 250 found (best R:R 8.09, avg 2.05)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$107.00	$108.00	Jul 31	$0.11	$0.89	$0.11	8.09	$107.11
$108.00	$109.00	Jul 31	$0.11	$0.89	$0.11	8.09	$108.11
$109.00	$110.00	Jul 31	$0.11	$0.89	$0.11	8.09	$109.11
$109.00	$110.00	Aug 7	$0.11	$0.89	$0.11	8.09	$109.11
$96.00	$100.00	Sep 4	$0.47	$3.53	$0.47	7.51	$96.47

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$89.00	$88.00	Jul 24	$0.12	$0.88	$0.12	7.33	$88.88
$80.00	$75.00	Aug 7	$0.63	$4.37	$0.63	6.94	$79.37
$90.00	$89.00	Jul 24	$0.13	$0.87	$0.13	6.69	$89.87
$79.00	$78.00	Jul 31	$0.14	$0.86	$0.14	6.14	$78.86
$83.00	$82.00	Jul 31	$0.14	$0.86	$0.14	6.14	$82.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 320 found (best R:R 15.67, avg 1.44)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$75.00	$77.00	Jul 31	$1.88	$1.88	$0.12	15.67	$76.88
$81.00	$83.00	Jul 31	$1.82	$1.82	$0.18	10.11	$82.82
$80.00	$81.00	Jul 31	$0.88	$0.88	$0.12	7.33	$80.88
$85.00	$86.00	Jul 31	$0.88	$0.88	$0.12	7.33	$85.88
$89.00	$90.00	Jul 24	$0.85	$0.85	$0.15	5.67	$89.85

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$100.00	$99.00	Jul 24	$0.90	$0.90	$0.10	9.00	$99.10
$110.00	$109.00	Jul 31	$0.89	$0.89	$0.11	8.09	$109.11
$109.00	$107.00	Aug 7	$1.75	$1.75	$0.25	7.00	$107.25
$107.00	$106.00	Jul 31	$0.87	$0.87	$0.13	6.69	$106.13
$101.00	$100.00	Aug 7	$0.85	$0.85	$0.15	5.67	$100.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 80 found (avg debit $1.74, cheapest $0.37)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$75.00	Jul 24	Jul 31	$0.47	189.0%	103.0%
$77.00	Jul 24	Jul 31	$0.50	193.0%	99.0%
$112.00	Jul 24	Jul 31	$0.51	126.0%	88.0%
$111.00	Jul 24	Jul 31	$0.61	129.0%	88.0%
$110.00	Jul 24	Jul 31	$0.64	129.0%	86.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$75.00	Jul 24	Jul 31	$0.37	189.0%	103.0%
$76.00	Jul 24	Jul 31	$0.41	204.0%	102.0%
$77.00	Jul 24	Jul 31	$0.46	193.0%	99.0%
$112.00	Jul 24	Jul 31	$0.50	126.0%	88.0%
$110.00	Jul 24	Jul 31	$0.52	129.0%	86.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 182 found (cheapest 3.49% of stock, avg 15.81%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$94.00	Jul 24	$1.53	$1.74	$3.27	$90.73	$97.27	3.49%
$93.00	Jul 24	$2.04	$1.32	$3.36	$89.64	$96.36	3.59%
$95.00	Jul 24	$1.10	$2.29	$3.39	$91.61	$98.39	3.62%
$92.00	Jul 24	$2.69	$0.90	$3.59	$88.41	$95.59	3.83%
$96.00	Jul 24	$0.77	$2.97	$3.74	$92.26	$99.74	3.99%
$96.50	Jul 24	$0.67	$3.33	$4.00	$92.50	$100.50	4.27%
$91.00	Jul 24	$3.40	$0.62	$4.02	$86.98	$95.02	4.29%
$97.00	Jul 24	$0.48	$3.80	$4.28	$92.72	$101.28	4.57%
$97.50	Jul 24	$0.45	$4.13	$4.58	$92.92	$102.08	4.89%
$90.00	Jul 24	$4.20	$0.43	$4.63	$85.37	$94.63	4.94%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 0.83% of stock, avg 12.87%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$97.00	$89.00	Jul 24	$0.48	$0.30	$0.78	$88.22	$97.78
$97.00	$90.00	Jul 24	$0.48	$0.43	$0.91	$89.09	$97.91
$96.50	$89.00	Jul 24	$0.67	$0.30	$0.97	$88.03	$97.47
$96.00	$89.00	Jul 24	$0.77	$0.30	$1.07	$87.93	$97.07
$96.50	$90.00	Jul 24	$0.67	$0.43	$1.10	$88.90	$97.60
$97.00	$91.00	Jul 24	$0.48	$0.62	$1.10	$89.90	$98.10
$96.00	$90.00	Jul 24	$0.77	$0.43	$1.20	$88.80	$97.20
$96.50	$91.00	Jul 24	$0.67	$0.62	$1.29	$89.71	$97.79
$97.00	$92.00	Jul 24	$0.48	$0.90	$1.38	$90.62	$98.38
$96.00	$91.00	Jul 24	$0.77	$0.62	$1.39	$89.61	$97.39

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 217 found (best R:R 9.00, avg credit $1.22)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
85/86	87/88	Jul 31	$0.90	$0.10	9.00	$85.10	$87.90
82/83	87/88	Aug 7	$0.90	$0.10	9.00	$82.10	$87.90
83/84	90/91	Aug 21	$0.90	$0.10	9.00	$83.10	$90.90
82/83	94/95	Aug 28	$0.90	$0.10	9.00	$82.10	$94.90
86/87	94/95	Aug 28	$0.90	$0.10	9.00	$86.10	$94.90
84/85	86/87	Jul 31	$0.88	$0.12	7.33	$84.12	$86.88
84/85	90/91	Aug 14	$0.88	$0.12	7.33	$84.12	$90.88
84/85	93/94	Aug 14	$0.88	$0.12	7.33	$84.12	$93.88
87/88	91/92	Aug 14	$0.88	$0.12	7.33	$87.12	$91.88
89/90	94/95	Aug 14	$0.88	$0.12	7.33	$89.12	$94.88

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 111 found (best R:R 19.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$78.00	$79.00	$80.00	Jul 24	$0.05	$0.95	19.00
$88.00	$89.00	$90.00	Jul 24	$0.05	$0.95	19.00
$94.00	$95.00	$96.00	Aug 28	$0.05	$0.95	19.00
$96.00	$97.00	$98.00	Aug 28	$0.05	$0.95	19.00
$80.00	$82.00	$84.00	Aug 28	$0.11	$1.89	17.18

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$80.00	$81.00	$82.00	Jul 24	$0.05	$0.95	19.00
$85.00	$86.00	$87.00	Jul 24	$0.05	$0.95	19.00
$91.00	$92.00	$93.00	Aug 7	$0.05	$0.95	19.00
$87.00	$88.00	$89.00	Aug 28	$0.05	$0.95	19.00
$99.00	$100.00	$101.00	Aug 28	$0.05	$0.95	19.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 47 found (best net $-0.34, 47 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$105.00	$110.00	1:2	Aug 21	-$2.19	$2.81
$103.00	$104.00	1:2	Jul 24	$0.00	$1.00
$110.00	$111.00	1:2	Jul 24	$0.00	$1.00
$102.00	$103.00	1:2	Jul 24	-$0.06	$0.94
$100.00	$101.00	1:2	Jul 24	-$0.08	$0.92

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$80.00	$75.00	1:2	Aug 7	-$0.34	$4.66
$80.00	$75.00	1:2	Aug 14	-$0.64	$4.36
$80.00	$75.00	1:2	Aug 21	-$1.14	$3.86
$80.00	$75.00	1:2	Aug 28	-$1.45	$3.55
$80.00	$79.00	1:2	Jul 24	-$0.06	$0.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 114 found (best yield 9.93%, avg 3.97%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$94.00	Aug 28	$9.30	0.55	0.4%	9.93%	10.33%	16	12
$95.00	Aug 28	$8.85	0.54	1.5%	9.45%	10.92%	17	39
$94.00	Aug 21	$8.50	0.54	0.4%	9.08%	9.47%	30	12
$96.00	Aug 28	$8.30	0.52	2.5%	8.86%	11.40%	3	9
$95.00	Aug 21	$8.00	0.53	1.5%	8.54%	10.01%	318	1.6K
$97.00	Aug 28	$7.90	0.50	3.6%	8.44%	12.04%	4	9
$96.00	Sep 4	$7.90	0.52	2.5%	8.44%	10.97%	2	--
$96.00	Aug 21	$7.60	0.51	2.5%	8.12%	10.65%	62	13
$98.00	Aug 28	$7.50	0.49	4.7%	8.01%	12.68%	1	8
$94.00	Aug 14	$7.25	0.54	0.4%	7.74%	8.14%	47	74

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 290,999

Total Puts 93,832

Put/Call Ratio 0.32

Net Difference 197,167

Prior's Put/Call Breakdown

Total Calls 136,033

Total Puts 64,536

Put/Call Ratio 0.47

Net Difference 71,497

Prior 7-Day Put/Call Summary

Total Calls 1,322,191

Total Puts 761,418

Average Put/Call Ratio 0.66

Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

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📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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