Tour v452
MSTR
STRATEGY INC A
$96.13 -2.56%
7/28 15:06

Option Volume

Detail
Current (07/28 3:05pm) 138,048
Calls: 73,540 (53%)
Puts: 64,508 (47%)
Prior (07/27) 204,209
Calls: 104,206 (51%)
Puts: 100,003 (49%)
Current vs Prior -32.40%
Calls: -29.43% (Calls)
Puts: -35.49% (Puts)
Prior 7-Day Total 1,983,663
Calls: 1,327,130 (67%)
Puts: 656,533 (33%)
Prior 7-Day Average 283,380
Calls: 189,590 (67%)
Puts: 93,790 (33%)
Current vs Prior 7-Day Avg -51.29%
Calls: -61.21%
Puts: -31.22%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/28 3:05pm) $71.53M
Calls: $18.94M (26%)
Puts: $52.59M (74%)
Prior (07/27) $97.58M
Calls: $36.55M (37%)
Puts: $61.03M (63%)
Current vs Prior -26.70%
Calls: -48.17%
Puts: -13.84%
Prior 7-Day Total $791.48M
Calls: $320.44M (40%)
Puts: $471.04M (60%)
Prior 7-Day Average $113.07M
Calls: $45.78M (40%)
Puts: $67.29M (60%)
Current vs Prior 7-Day Avg -36.74%
Calls: -58.62%
Puts: -21.85%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/28 3:05pm) 0.88
Prior (07/27) 0.96
Current vs Prior -8.60%
Prior 7-Day Average 0.57
Current vs Prior 7-Day Avg +53.62%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/28 3:05pm) 2,497,372
Calls: 1,292,920 (52%)
Puts: 1,204,452 (48%)
Prior (07/27) 2,428,026
Calls: 1,257,663 (52%)
Puts: 1,170,363 (48%)
Current vs Prior +2.86%
Prior 7-Day Total 18,104,702
Calls: 9,385,543 (52%)
Puts: 8,719,159 (48%)
Prior 7-Day Average 2,586,386
Calls: 1,340,791 (52%)
Puts: 1,245,594 (48%)
Current vs Prior 7-Day Avg -3.44%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 7.81% | 11.41%16.42% | 23.91%
Prior 4.04% | 10.68%19.27% | 28.94%
Current vs Prior +93.51% | +6.85%-14.83% | -17.40%
Prior 7-Day Avg 5.24% | 11.01%13.00% | 25.68%
Current vs 7-Day Avg +48.97% | +3.62%+26.30% | -6.91%
Prior 7-Day Eod 4.04% | 10.68%17.06% | 24.66%
Current vs 7-Day Eod +93.51% | +6.85%-3.78% | -3.07%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 6.61% | 7.75%
Calls: 4.08% | 7.41%
Puts: 9.14% | 8.08%
Prior 5.67% | 5.76%
Calls: 6.04% | 5.41%
Puts: 5.30% | 6.11%
Current vs Prior +16.58% | +34.55%
Prior 7-Day Avg 9.27% | 6.57%
Calls: 9.56% | 6.75%
Puts: 8.97% | 6.39%
Current vs 7-Day Avg -28.67% | +17.93%
Liquidity Pricy
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🤖 AI Insights

Moderately bearish flow with 74% put dollar volume ($52.59M).

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 NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
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 277 of results (avg 6.5%, best 1.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$97.00Aug 217.457.65$7.552.6%120.5245
$98.50Aug 216.756.95$6.852.9%50.4911
$100.00Jul 311.962.02$1.993.0%3.6K0.3518.2K
$101.00Jul 311.701.76$1.733.5%6420.3110.5K
$97.00Aug 74.905.10$5.004.0%1140.50267
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 219.809.90$9.851.0%2250.544.6K
$88.00Aug 72.122.16$2.141.9%2810.25207
$95.00Aug 217.057.20$7.132.1%1880.442.9K
$99.00Aug 219.159.35$9.252.2%30.5256
$89.00Aug 214.504.60$4.552.2%580.3224

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 16 found (avg $0.65, cheapest $0.15)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Jul 310.140.15$0.156.7%1.2K0.042.1K
$110.00Jul 310.340.38$0.3611.1%1.8K0.094.6K
$109.00Jul 310.390.47$0.4318.6%1.1K0.101.2K
$108.00Jul 310.450.54$0.5018.0%4060.121.5K
$107.00Jul 310.580.64$0.619.8%7120.141.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.00Jul 310.390.45$0.4214.3%1090.098.2K
$85.00Jul 310.480.53$0.519.8%1.0K0.103.0K
$86.00Jul 310.580.68$0.6315.9%4540.12957
$87.00Jul 310.680.83$0.7619.7%4620.151.5K
$80.00Aug 70.690.84$0.7619.7%7400.101.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 177 found (avg delta 0.68, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$77.00Jul 3118.7019.50$19.104.2%--1.00100
$80.00Jul 3115.8016.60$16.204.9%--0.9488
$81.00Jul 3114.8015.60$15.205.3%--0.9374
$82.00Jul 3113.8514.65$14.255.6%--0.9317
$83.00Jul 3112.9013.75$13.336.4%30.9288
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Jul 3118.7519.55$19.154.2%2520.96902
$114.00Jul 3117.7518.65$18.204.9%60.9543
$113.00Jul 3116.8017.65$17.234.9%60.9419
$112.00Jul 3115.8516.70$16.275.2%--0.94151
$111.00Jul 3114.8515.75$15.305.9%510.92138

Most actively traded options today. High liquidity = easy entry/exit. 337 active (total vol 74.5K, top 5.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Jul 311.962.02$1.993.0%3.6K0.3518.2K
$105.00Jul 310.810.87$0.847.1%2.5K0.185.9K
$110.00Jul 310.340.38$0.3611.1%1.8K0.094.6K
$93.00Jul 315.255.50$5.384.6%1.7K0.65780
$104.00Jul 310.991.04$1.024.9%1.6K0.211.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Jul 311.291.39$1.347.5%5.5K0.235.9K
$94.00Jul 312.542.65$2.604.2%3.7K0.391.0K
$80.00Jul 310.160.21$0.1926.3%3.4K0.045.1K
$78.00Jul 310.110.15$0.1330.8%2.1K0.03272
$95.00Jul 312.983.10$3.043.9%1.8K0.435.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 81 strikes (avg 30.3%, max 42.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$80.00Jul 31Sep 4119.6%84.1%42.1%188
$86.00Jul 31Sep 4110.4%79.4%39.0%1117
$114.00Jul 31Sep 4112.1%81.5%37.6%156794
$82.00Jul 31Aug 21115.7%84.1%37.5%--48
$115.00Jul 31Sep 4108.8%80.2%35.6%1.2K2.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$80.00Jul 31Sep 4119.6%84.1%42.2%3.5K5.2K
$82.00Jul 31Sep 4115.7%82.3%40.5%1503.3K
$84.00Jul 31Aug 28112.9%80.7%40.0%1128.2K
$81.00Jul 31Aug 21117.5%84.7%38.7%152228
$114.00Jul 31Sep 4112.1%81.5%37.6%743

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 274 found (best R:R 9.00, avg 2.23)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$112.00$113.00Aug 7$0.10$0.90$0.109.00$112.10
$107.00$108.00Jul 31$0.11$0.89$0.118.09$107.11
$111.00$112.00Aug 7$0.11$0.89$0.118.09$111.11
$114.00$115.00Aug 7$0.11$0.89$0.118.09$114.11
$114.00$115.00Aug 14$0.12$0.88$0.127.33$114.12
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$84.00$83.00Jul 31$0.11$0.89$0.118.09$83.89
$80.00$79.00Aug 7$0.11$0.89$0.118.09$79.89
$86.00$85.00Jul 31$0.12$0.88$0.127.33$85.88
$82.00$81.00Aug 7$0.12$0.88$0.127.33$81.88
$83.00$82.00Aug 7$0.12$0.88$0.127.33$82.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 347 found (best R:R 10.11, avg 1.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$78.00$80.00Aug 7$1.82$1.82$0.1810.11$79.82
$85.00$86.00Jul 31$0.87$0.87$0.136.69$85.87
$80.00$81.00Aug 7$0.87$0.87$0.136.69$80.87
$82.00$83.00Aug 7$0.85$0.85$0.155.67$82.85
$83.00$84.00Aug 7$0.85$0.85$0.155.67$83.85
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$115.00$113.00Aug 7$1.82$1.82$0.1810.11$113.18
$105.00$104.00Aug 7$0.90$0.90$0.109.00$104.10
$112.00$110.00Aug 7$1.75$1.75$0.257.00$110.25
$105.00$104.00Jul 31$0.87$0.87$0.136.69$104.13
$106.00$105.00Sep 4$0.87$0.87$0.136.69$105.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 81 found (avg debit $1.32, cheapest $0.41)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$115.00Jul 31Aug 7$0.61108.8%86.7%
$80.00Jul 31Aug 7$0.65119.6%92.3%
$114.00Jul 31Aug 7$0.66112.1%87.1%
$113.00Jul 31Aug 7$0.72109.6%86.4%
$81.00Jul 31Aug 7$0.78117.5%92.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$77.00Jul 31Aug 7$0.41122.1%95.2%
$78.00Jul 31Aug 7$0.44124.6%93.9%
$79.00Jul 31Aug 7$0.50120.6%92.7%
$115.00Jul 31Aug 7$0.52108.8%86.8%
$80.00Jul 31Aug 7$0.57119.6%92.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 177 found (cheapest 7.47% of stock, avg 16.23%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$96.50Jul 31$3.35$3.83$7.18$89.32$103.687.47%
$95.00Jul 31$4.18$3.04$7.22$87.78$102.227.51%
$96.00Jul 31$3.68$3.58$7.26$88.74$103.267.55%
$97.00Jul 31$3.18$4.08$7.26$89.74$104.267.55%
$94.00Jul 31$4.72$2.60$7.32$86.68$101.327.61%
$97.50Jul 31$2.96$4.38$7.34$90.16$104.847.64%
$98.00Jul 31$2.74$4.68$7.42$90.58$105.427.72%
$98.50Jul 31$2.55$4.97$7.52$90.98$106.027.82%
$93.00Jul 31$5.38$2.22$7.60$85.40$100.607.91%
$99.00Jul 31$2.36$5.30$7.66$91.34$106.667.97%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 4.62% of stock, avg 12.85%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$98.50$92.00Jul 31$2.55$1.89$4.44$87.56$102.94
$98.00$92.00Jul 31$2.74$1.89$4.63$87.37$102.63
$98.50$93.00Jul 31$2.55$2.22$4.77$88.23$103.27
$97.50$92.00Jul 31$2.96$1.89$4.85$87.15$102.35
$98.00$93.00Jul 31$2.74$2.22$4.96$88.04$102.96
$97.00$92.00Jul 31$3.18$1.89$5.07$86.93$102.07
$98.50$94.00Jul 31$2.55$2.60$5.15$88.85$103.65
$97.50$93.00Jul 31$2.96$2.22$5.18$87.82$102.68
$96.50$92.00Jul 31$3.35$1.89$5.24$86.76$101.74
$98.00$94.00Jul 31$2.74$2.60$5.34$88.66$103.34

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 191 found (best R:R 11.50, avg credit $1.06)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
85/8791/93Sep 4$1.84$0.1611.50$85.16$92.84
82/8587/90Sep 4$2.74$0.2610.54$82.26$89.74
81/8286/87Aug 7$0.90$0.109.00$81.10$86.90
82/8386/87Aug 7$0.90$0.109.00$82.10$86.90
82/8395/96Aug 28$0.90$0.109.00$82.10$95.90
90/9195/96Aug 28$0.90$0.109.00$90.10$95.90
79/8086/87Aug 7$0.89$0.118.09$79.11$86.89
80/8188/89Aug 7$0.89$0.118.09$80.11$88.89
81/8291/92Aug 14$0.89$0.118.09$81.11$91.89
83/8490/91Aug 21$0.89$0.118.09$83.11$90.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 103 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$80.00$81.00$82.00Jul 31$0.05$0.9519.00
$105.00$106.00$107.00Jul 31$0.05$0.9519.00
$81.00$82.00$83.00Aug 7$0.05$0.9519.00
$83.00$84.00$85.00Aug 7$0.05$0.9519.00
$92.00$93.00$94.00Aug 14$0.05$0.9519.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$85.00$87.00$89.00Sep 4$0.11$1.8917.18
$93.00$94.00$95.00Jul 31$0.06$0.9415.67
$103.00$104.00$105.00Jul 31$0.06$0.9415.67
$102.00$103.00$104.00Aug 7$0.06$0.9415.67
$98.00$99.00$100.00Aug 14$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. 39 found (best net $-1.28, 39 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$110.00$115.001:2Aug 21-$1.28$3.72
$105.00$110.001:2Aug 21-$1.97$3.03
$114.00$115.001:2Jul 31-$0.09$0.91
$113.00$114.001:2Jul 31-$0.19$0.81
$111.00$112.001:2Jul 31-$0.20$0.80
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$79.00$78.001:2Jul 31-$0.11$0.89
$80.00$79.001:2Jul 31-$0.11$0.89
$81.00$80.001:2Jul 31-$0.15$0.85
$82.00$81.001:2Jul 31-$0.18$0.82
$84.00$83.001:2Jul 31-$0.20$0.80

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 114 found (best yield 9.52%, avg 3.97%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$97.00Sep 4$9.150.540.9%9.52%10.42%332
$98.00Sep 4$8.750.531.9%9.10%11.05%1111
$99.00Sep 4$8.350.513.0%8.69%11.67%46
$97.00Aug 28$8.200.530.9%8.53%9.44%1119
$100.00Sep 4$7.800.504.0%8.11%12.14%931
$98.00Aug 28$7.750.511.9%8.06%10.01%4411
$101.00Sep 4$7.550.485.1%7.85%12.92%--68
$96.50Aug 21$7.500.530.4%7.80%8.19%410
$97.00Aug 21$7.450.520.9%7.75%8.65%1245
$99.00Aug 28$7.300.493.0%7.59%10.58%455

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 73,540
Total Puts 64,508
Put/Call Ratio 0.88
Net Difference 9,032

Prior's Put/Call Breakdown

Total Calls 104,206
Total Puts 100,003
Put/Call Ratio 0.96
Net Difference 4,203

Prior 7-Day Put/Call Summary

Total Calls 1,327,130
Total Puts 656,533
Average Put/Call Ratio 0.57
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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