Tour v492
MSTR
STRATEGY INC A
$98.31 +0.68%
8/5 15:06

Option Volume

Detail
Current (08/05 3:05pm) 280,616
Calls: 217,958 (78%)
Puts: 62,658 (22%)
Prior (08/04) 183,025
Calls: 127,510 (70%)
Puts: 55,515 (30%)
Current vs Prior +53.32%
Calls: +70.93% (Calls)
Puts: +12.87% (Puts)
Prior 7-Day Total 2,014,479
Calls: 1,337,232 (66%)
Puts: 677,247 (34%)
Prior 7-Day Average 287,782
Calls: 191,033 (66%)
Puts: 96,749 (34%)
Current vs Prior 7-Day Avg -2.49%
Calls: +14.09%
Puts: -35.24%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/05 3:05pm) $123.57M
Calls: $97.71M (79%)
Puts: $25.86M (21%)
Prior (08/04) $89.91M
Calls: $51.14M (57%)
Puts: $38.77M (43%)
Current vs Prior +37.43%
Calls: +91.06%
Puts: -33.31%
Prior 7-Day Total $810.40M
Calls: $360.21M (44%)
Puts: $450.19M (56%)
Prior 7-Day Average $115.77M
Calls: $51.46M (44%)
Puts: $64.31M (56%)
Current vs Prior 7-Day Avg +6.73%
Calls: +89.88%
Puts: -59.79%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/05 3:05pm) 0.29
Prior (08/04) 0.44
Current vs Prior -33.97%
Prior 7-Day Average 0.60
Current vs Prior 7-Day Avg -52.21%
Sentiment BULLISH

Open Interest

Detail
Current (08/05 3:05pm) 2,582,523
Calls: 1,374,694 (53%)
Puts: 1,207,829 (47%)
Prior (08/04) 2,523,279
Calls: 1,338,906 (53%)
Puts: 1,184,373 (47%)
Current vs Prior +2.35%
Prior 7-Day Total 17,711,370
Calls: 9,174,737 (52%)
Puts: 8,536,633 (48%)
Prior 7-Day Average 2,530,195
Calls: 1,310,676 (52%)
Puts: 1,219,519 (48%)
Current vs Prior 7-Day Avg +2.07%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 5.10% | 9.72%12.26% | 20.56%
Prior 7.41% | 10.95%13.70% | 21.06%
Current vs Prior -31.26% | -11.22%-10.51% | -2.38%
Prior 7-Day Avg 6.04% | 10.78%16.26% | 24.09%
Current vs 7-Day Avg -15.56% | -9.82%-24.60% | -14.67%
Prior 7-Day Eod 7.41% | 10.95%12.88% | 21.13%
Current vs 7-Day Eod -31.26% | -11.22%-4.86% | -2.69%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 6.22% | 8.35%
Calls: 4.31% | 7.56%
Puts: 8.13% | 9.13%
Prior 6.35% | 6.69%
Calls: 5.71% | 6.69%
Puts: 6.98% | 6.69%
Current vs Prior -2.05% | +24.81%
Prior 7-Day Avg 7.13% | 7.46%
Calls: 6.53% | 7.70%
Puts: 7.73% | 7.23%
Current vs 7-Day Avg -12.76% | +11.87%
Liquidity Pricy
+
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🤖 AI Insights

Strong bullish conviction with 79% of dollar volume in calls ($97.71M) vs puts ($25.86M). Above-average activity with volume up 53% vs prior. Extreme bullish P/C ratio of 0.29 - heavy call buying (217,958 calls vs 62,658 puts). P/C ratio dropping 34% - sentiment shifting bullish.

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 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 224 of results (avg 7.0%, best 1.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$96.00Aug 145.655.75$5.701.8%2120.60379
$99.00Aug 72.052.10$2.082.4%16.8K0.4712.4K
$97.00Aug 73.053.15$3.103.2%2.1K0.6016.5K
$100.00Sep 189.259.60$9.433.7%3560.5236.4K
$98.50Aug 72.252.34$2.303.9%14.6K0.5012.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Sep 1813.5013.80$13.652.2%180.553.4K
$115.00Sep 1820.6021.30$20.953.3%--0.682.5K
$110.00Aug 2113.5514.05$13.803.6%120.745.5K
$95.00Sep 187.958.25$8.103.7%1700.402.5K
$99.00Aug 72.702.81$2.764.0%1640.53240

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 11 found (avg $0.57, cheapest $0.13)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Aug 70.120.13$0.137.7%6.8K0.057.4K
$105.00Aug 70.430.48$0.4511.1%8.6K0.1514.1K
$104.00Aug 70.560.62$0.5910.2%9610.182.9K
$115.00Aug 140.580.65$0.6211.3%6180.111.1K
$113.00Aug 140.670.80$0.7417.6%680.13420
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$79.00Aug 140.220.26$0.2416.7%130.0423
$80.00Aug 140.250.30$0.2817.9%5240.051.7K
$80.00Aug 210.730.78$0.766.6%2630.0910.0K
$81.00Aug 210.800.88$0.849.5%360.10145
$94.00Aug 70.800.94$0.8716.1%7900.232.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 171 found (avg delta 0.71, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Aug 717.7518.70$18.235.2%--0.99197
$81.00Aug 716.7517.65$17.205.2%10.9959
$82.00Aug 715.7516.60$16.185.3%10.9921
$84.00Aug 713.8014.75$14.286.7%10.9820
$83.00Aug 714.7515.60$15.185.6%10.98106
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$112.00Aug 713.5514.40$13.986.1%--1.0021
$113.00Aug 714.4515.40$14.936.4%11.0012
$114.00Aug 715.4516.40$15.936.0%51.005
$115.00Aug 716.5017.35$16.935.0%581.00244
$111.00Aug 712.4513.40$12.937.3%--0.9441

Most actively traded options today. High liquidity = easy entry/exit. 330 active (total vol 215.9K, top 24.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$93.00Aug 75.606.10$5.858.5%24.6K0.8123.0K
$98.00Aug 72.492.60$2.554.3%22.9K0.5311.5K
$99.00Aug 72.052.10$2.082.4%16.8K0.4712.4K
$98.50Aug 72.252.34$2.303.9%14.6K0.5012.5K
$103.00Aug 70.710.81$0.7613.2%14.0K0.233.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$94.00Aug 142.482.81$2.6512.5%4.0K0.33216
$88.00Aug 70.130.19$0.1637.5%3.9K0.055.1K
$89.00Aug 141.151.39$1.2718.9%3.8K0.19125
$82.00Aug 70.020.05$0.0475.0%3.7K0.015.1K
$90.00Aug 70.200.33$0.2748.1%3.4K0.096.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 78 strikes (avg 21.9%, max 56.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$80.00Aug 7Sep 18120.2%76.8%56.5%2330
$83.00Aug 7Sep 4111.6%74.0%50.9%1118
$82.00Aug 7Aug 28109.6%76.4%43.4%141
$86.00Aug 7Sep 499.7%73.1%36.3%3157
$87.00Aug 7Sep 497.2%72.8%33.5%2125
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$80.00Aug 7Sep 18120.2%76.8%56.5%53312.6K
$79.00Aug 7Aug 14126.6%84.0%50.8%37638
$83.00Aug 7Sep 4111.6%74.0%50.8%27882
$82.00Aug 7Sep 4109.6%74.7%46.8%3.7K5.1K
$81.00Aug 7Aug 21113.9%77.8%46.4%562.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 243 found (best R:R 9.00, avg 2.22)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$114.00$115.00Sep 4$0.10$0.90$0.109.00$114.10
$112.00$113.00Aug 14$0.11$0.89$0.118.09$112.11
$115.00$116.00Aug 14$0.11$0.89$0.118.09$115.11
$110.00$111.00Aug 14$0.12$0.88$0.127.33$110.12
$105.00$106.00Aug 7$0.13$0.87$0.136.69$105.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$85.00$84.00Aug 14$0.11$0.89$0.118.09$84.89
$86.00$85.00Aug 14$0.11$0.89$0.118.09$85.89
$82.00$80.00Sep 4$0.23$1.77$0.237.70$81.77
$83.00$82.00Aug 21$0.12$0.88$0.127.33$82.88
$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. 314 found (best R:R 9.81, avg 1.44)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$91.00$92.00Aug 7$0.88$0.88$0.127.33$91.88
$85.00$86.00Aug 28$0.88$0.88$0.127.33$85.88
$82.00$83.00Aug 14$0.87$0.87$0.136.69$82.87
$82.00$83.00Aug 21$0.87$0.87$0.136.69$82.87
$80.00$82.00Aug 21$1.73$1.73$0.276.41$81.73
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$115.00$111.00Aug 14$3.63$3.63$0.379.81$111.37
$109.00$108.00Aug 7$0.88$0.88$0.127.33$108.12
$104.00$103.00Aug 7$0.87$0.87$0.136.69$103.13
$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

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 78 found (avg debit $1.36, cheapest $0.21)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$82.00Aug 7Aug 14$0.37109.6%80.7%
$117.00Aug 7Aug 14$0.42101.3%77.7%
$80.00Aug 7Aug 14$0.45120.2%82.6%
$116.00Aug 7Aug 14$0.4799.0%77.0%
$83.00Aug 7Aug 14$0.50111.6%79.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$79.00Aug 7Aug 14$0.21126.6%84.0%
$80.00Aug 7Aug 14$0.25120.2%82.6%
$81.00Aug 7Aug 14$0.31113.9%81.7%
$82.00Aug 7Aug 14$0.36109.6%80.6%
$83.00Aug 7Aug 14$0.40111.6%79.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 169 found (cheapest 4.84% of stock, avg 14.38%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$98.50Aug 7$2.30$2.46$4.76$93.74$103.264.84%
$98.00Aug 7$2.55$2.23$4.78$93.22$102.784.86%
$97.50Aug 7$2.82$2.01$4.83$92.67$102.334.91%
$99.00Aug 7$2.08$2.76$4.84$94.16$103.844.92%
$97.00Aug 7$3.10$1.81$4.91$92.09$101.914.99%
$96.50Aug 7$3.33$1.66$4.99$91.51$101.495.08%
$100.00Aug 7$1.65$3.38$5.03$94.97$105.035.12%
$96.00Aug 7$3.72$1.42$5.14$90.86$101.145.23%
$101.00Aug 7$1.30$4.08$5.38$95.62$106.385.47%
$95.00Aug 7$4.38$1.13$5.51$89.49$100.515.60%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 2.47% of stock, avg 10.58%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$102.00$96.00Aug 7$1.01$1.42$2.43$93.57$104.43
$102.00$96.50Aug 7$1.01$1.66$2.67$93.83$104.67
$101.00$96.00Aug 7$1.30$1.42$2.72$93.28$103.72
$102.00$97.00Aug 7$1.01$1.81$2.82$94.18$104.82
$101.00$96.50Aug 7$1.30$1.66$2.96$93.54$103.96
$102.00$97.50Aug 7$1.01$2.01$3.02$94.48$105.02
$100.00$96.00Aug 7$1.65$1.42$3.07$92.93$103.07
$101.00$97.00Aug 7$1.30$1.81$3.11$93.89$104.11
$102.00$98.00Aug 7$1.01$2.23$3.24$94.76$105.24
$100.00$96.50Aug 7$1.65$1.66$3.31$93.19$103.31

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 223 found (best R:R 17.18, avg credit $1.35)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
81/8283/85Aug 21$1.89$0.1117.18$80.11$84.89
90/9296/98Sep 11$1.85$0.1512.33$90.15$97.85
84/8593/94Aug 28$0.90$0.109.00$84.10$93.90
85/8691/92Aug 28$0.90$0.109.00$85.10$91.90
89/9091/92Aug 28$0.90$0.109.00$89.10$91.90
93/9499/100Sep 11$0.90$0.109.00$93.10$99.90
81/8286/88Aug 21$1.79$0.218.52$80.21$87.79
84/8586/88Aug 21$1.79$0.218.52$83.21$87.79
82/8385/86Aug 21$0.89$0.118.09$82.11$85.89
83/8486/88Aug 21$1.78$0.228.09$82.22$87.78

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 113 found (best R:R 34.71, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$100.00$105.00$110.00Sep 18$0.20$4.8024.00
$80.00$85.00$90.00Sep 18$0.21$4.7922.81
$94.00$95.00$96.00Aug 14$0.05$0.9519.00
$108.00$109.00$110.00Aug 14$0.05$0.9519.00
$115.00$116.00$117.00Aug 14$0.05$0.9519.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$105.00$110.00$115.00Sep 18$0.14$4.8634.71
$95.00$100.00$105.00Sep 18$0.19$4.8125.32
$112.00$113.00$114.00Aug 7$0.05$0.9519.00
$104.00$105.00$106.00Aug 14$0.05$0.9519.00
$105.00$106.00$107.00Aug 14$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. 56 found (best net $-0.53, 56 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$110.00$115.001:2Aug 21-$0.53$4.47
$105.00$110.001:2Aug 21-$0.90$4.10
$110.00$115.001:2Sep 11-$2.40$2.60
$110.00$115.001:2Sep 18-$3.37$1.63
$112.00$113.001:2Aug 7-$0.08$0.92
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$85.00$80.001:2Sep 11-$1.37$3.63
$85.00$80.001:2Sep 18-$1.70$3.30
$90.00$85.001:2Sep 18-$2.56$2.44
$95.00$90.001:2Sep 18-$3.90$1.10
$82.00$80.001:2Aug 28-$1.05$0.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 86 found (best yield 9.41%, avg 3.50%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$100.00Sep 18$9.250.521.7%9.41%11.13%35636.4K
$99.00Sep 11$8.200.530.7%8.34%9.04%--26
$100.00Sep 11$7.750.511.7%7.88%9.60%14617
$99.00Sep 4$7.350.520.7%7.48%8.18%18419
$100.00Sep 4$7.350.501.7%7.48%9.20%115152
$101.00Sep 11$7.350.492.7%7.48%10.21%82
$105.00Sep 18$7.300.456.8%7.43%14.23%2473.6K
$101.00Sep 4$6.550.482.7%6.66%9.40%4593
$99.00Aug 28$6.400.520.7%6.51%7.21%--152
$102.00Sep 4$6.150.463.8%6.26%10.01%4227

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 217,958
Total Puts 62,658
Put/Call Ratio 0.29
Net Difference 155,300

Prior's Put/Call Breakdown

Total Calls 127,510
Total Puts 55,515
Put/Call Ratio 0.44
Net Difference 71,995

Prior 7-Day Put/Call Summary

Total Calls 1,337,232
Total Puts 677,247
Average Put/Call Ratio 0.60
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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