Tour v492
MSTR
STRATEGY INC A
$95.97 -2.44%
8/6 15:06

Option Volume

Detail
Current (08/06 3:05pm) 257,212
Calls: 169,387 (66%)
Puts: 87,825 (34%)
Prior (08/05) 280,616
Calls: 217,958 (78%)
Puts: 62,658 (22%)
Current vs Prior -8.34%
Calls: -22.28% (Calls)
Puts: +40.17% (Puts)
Prior 7-Day Total 1,812,673
Calls: 1,173,743 (65%)
Puts: 638,930 (35%)
Prior 7-Day Average 258,953
Calls: 167,677 (65%)
Puts: 91,275 (35%)
Current vs Prior 7-Day Avg -0.67%
Calls: +1.02%
Puts: -3.78%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/06 3:05pm) $167.28M
Calls: $32.04M (19%)
Puts: $135.23M (81%)
Prior (08/05) $123.57M
Calls: $97.71M (79%)
Puts: $25.86M (21%)
Current vs Prior +35.37%
Calls: -67.21%
Puts: +423.00%
Prior 7-Day Total $652.30M
Calls: $338.14M (52%)
Puts: $314.16M (48%)
Prior 7-Day Average $93.19M
Calls: $48.31M (52%)
Puts: $44.88M (48%)
Current vs Prior 7-Day Avg +79.51%
Calls: -33.67%
Puts: +201.32%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/06 3:05pm) 0.52
Prior (08/05) 0.29
Current vs Prior +80.36%
Prior 7-Day Average 0.62
Current vs Prior 7-Day Avg -16.06%
Sentiment BULLISH

Open Interest

Detail
Current (08/06 3:05pm) 2,653,404
Calls: 1,419,302 (53%)
Puts: 1,234,102 (47%)
Prior (08/05) 2,582,523
Calls: 1,374,694 (53%)
Puts: 1,207,829 (47%)
Current vs Prior +2.74%
Prior 7-Day Total 17,688,188
Calls: 9,201,975 (52%)
Puts: 8,486,213 (48%)
Prior 7-Day Average 2,526,884
Calls: 1,314,567 (52%)
Puts: 1,212,316 (48%)
Current vs Prior 7-Day Avg +5.01%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 3.96% | 8.68%11.62% | 19.33%
Prior 6.33% | 10.20%12.99% | 21.04%
Current vs Prior -37.42% | -14.92%-10.57% | -8.12%
Prior 7-Day Avg 6.36% | 10.71%15.36% | 22.96%
Current vs 7-Day Avg -37.76% | -18.99%-24.36% | -15.82%
Prior 7-Day Eod 6.33% | 10.20%12.17% | 20.36%
Current vs 7-Day Eod -37.42% | -14.92%-4.52% | -5.07%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 7.58% | 7.88%
Calls: 6.02% | 6.74%
Puts: 9.15% | 9.02%
Prior 8.61% | 7.54%
Calls: 6.35% | 5.94%
Puts: 10.86% | 9.13%
Current vs Prior -11.96% | +4.51%
Prior 7-Day Avg 7.55% | 7.72%
Calls: 6.58% | 7.77%
Puts: 8.52% | 7.66%
Current vs 7-Day Avg +0.40% | +2.09%
Liquidity Expensive
+
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🤖 AI Insights

Strong bearish conviction with 81% of dollar volume in puts ($135.23M) vs calls ($32.04M). Dollar volume significantly above 7-day average (80% higher). Bullish P/C ratio of 0.52. P/C ratio rising 80% - increased hedging/bearish positioning.

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 BULLISH
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 262 of results (avg 6.3%, best 1.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Sep 187.757.85$7.801.3%8770.4836.6K
$100.00Aug 142.322.37$2.342.1%4.7K0.364.3K
$95.00Sep 189.8510.10$9.982.5%1090.561.6K
$85.00Sep 1815.6016.10$15.853.2%50.73268
$78.00Aug 1417.9518.60$18.273.6%140.96--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Sep 1821.8522.40$22.132.5%200.722.5K
$90.00Aug 141.481.52$1.502.7%4480.253.4K
$115.00Aug 2119.3519.90$19.632.8%300.863.5K
$95.00Sep 188.458.70$8.572.9%3060.442.6K
$113.00Aug 716.7517.25$17.002.9%51.0012

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 19 found (avg $0.63, cheapest $0.07)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Aug 70.060.07$0.0714.3%6.7K0.0414.7K
$101.00Aug 70.250.29$0.2714.8%3.1K0.1315.0K
$115.00Aug 140.280.33$0.3116.1%4310.071.5K
$100.00Aug 70.400.42$0.414.9%12.1K0.1823.6K
$110.00Aug 140.570.61$0.596.8%1.4K0.122.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Aug 140.230.25$0.248.3%1.8K0.051.9K
$93.00Aug 70.490.58$0.5317.0%1.8K0.222.0K
$80.00Aug 210.650.75$0.7014.3%9690.109.9K
$86.00Aug 140.700.79$0.7512.0%410.14141
$81.00Aug 210.750.87$0.8114.8%520.11130

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 176 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$79.00Aug 716.7017.40$17.054.1%200.994
$80.00Aug 715.7016.30$16.003.8%10.99197
$81.00Aug 714.7015.40$15.054.7%--0.9959
$83.00Aug 712.7013.40$13.055.4%--0.99106
$82.00Aug 713.7014.40$14.055.0%--0.9921
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$106.00Aug 79.6510.35$10.007.0%21.00113
$107.00Aug 710.6511.35$11.006.4%11.0075
$108.00Aug 711.6512.35$12.005.8%621.00101
$109.00Aug 712.7013.25$12.984.2%101.0033
$110.00Aug 713.7014.35$14.024.6%861.00486

Most actively traded options today. High liquidity = easy entry/exit. 339 active (total vol 187.7K, top 17.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$99.00Aug 70.560.67$0.6217.7%17.1K0.2516.6K
$106.00Aug 140.931.07$1.0014.0%13.1K0.19370
$100.00Aug 70.400.42$0.414.9%12.1K0.1823.6K
$101.00Aug 142.012.17$2.097.7%12.1K0.33813
$94.00Aug 72.662.86$2.767.2%10.2K0.699.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Aug 70.030.04$0.0425.0%3.2K0.025.4K
$94.00Aug 142.853.10$2.988.4%3.0K0.403.8K
$94.00Aug 70.780.86$0.829.8%2.9K0.312.5K
$95.00Aug 71.101.22$1.1610.3%2.5K0.402.7K
$91.00Aug 70.210.26$0.2420.8%2.2K0.112.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 79 strikes (avg 38.7%, max 96.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$80.00Aug 7Sep 18143.3%72.8%96.9%4330
$114.00Aug 7Sep 4133.7%72.5%84.5%671522
$82.00Aug 7Aug 28129.7%71.7%80.9%--41
$115.00Aug 7Sep 18128.8%73.5%75.4%4608.1K
$113.00Aug 7Sep 4123.2%72.0%71.1%98387
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$80.00Aug 7Sep 18143.3%72.8%96.9%42412.3K
$77.00Aug 7Aug 14169.8%86.3%96.8%14166
$78.00Aug 7Aug 14155.6%81.6%90.6%367974
$79.00Aug 7Aug 14147.0%79.4%85.1%12632
$81.00Aug 7Aug 21134.7%72.8%85.0%642.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 225 found (best R:R 8.26, avg 2.25)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$110.00$115.00Aug 21$0.54$4.46$0.548.26$110.54
$106.00$107.00Aug 14$0.11$0.89$0.118.09$106.11
$113.00$114.00Aug 28$0.12$0.88$0.127.33$113.12
$100.00$101.00Aug 7$0.14$0.86$0.146.14$100.14
$113.00$114.00Sep 4$0.14$0.86$0.146.14$113.14
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$81.00$80.00Aug 21$0.11$0.89$0.118.09$80.89
$92.00$91.00Aug 7$0.12$0.88$0.127.33$91.88
$87.00$86.00Aug 14$0.12$0.88$0.127.33$86.88
$82.00$80.00Aug 28$0.27$1.73$0.276.41$81.73
$85.00$84.00Aug 14$0.14$0.86$0.146.14$84.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 301 found (best R:R 19.00, avg 1.59)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$80.00$82.00Aug 14$1.90$1.90$0.1019.00$81.90
$82.00$84.00Aug 14$1.85$1.85$0.1512.33$83.85
$91.00$92.00Aug 7$0.90$0.90$0.109.00$91.90
$80.00$82.00Aug 21$1.78$1.78$0.228.09$81.78
$90.00$91.00Aug 7$0.88$0.88$0.127.33$90.88
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$108.00$107.00Aug 14$0.88$0.88$0.127.33$107.12
$115.00$110.00Aug 21$4.40$4.40$0.607.33$110.60
$115.00$113.00Aug 28$1.75$1.75$0.257.00$113.25
$113.00$111.00Aug 28$1.72$1.72$0.286.14$111.28
$100.00$99.00Aug 7$0.85$0.85$0.155.67$99.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 78 found (avg debit $1.24, cheapest $0.17)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$115.00Aug 7Aug 14$0.30128.8%77.5%
$80.00Aug 7Aug 14$0.33143.3%77.4%
$114.00Aug 7Aug 14$0.34133.7%77.5%
$113.00Aug 7Aug 14$0.37123.2%75.9%
$82.00Aug 7Aug 14$0.38129.7%75.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$77.00Aug 7Aug 14$0.17169.8%86.3%
$78.00Aug 7Aug 14$0.17155.6%81.6%
$79.00Aug 7Aug 14$0.19147.0%79.4%
$80.00Aug 7Aug 14$0.22143.3%77.3%
$81.00Aug 7Aug 14$0.25134.7%74.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 175 found (cheapest 3.42% of stock, avg 13.96%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$96.00Aug 7$1.64$1.64$3.28$92.72$99.283.42%
$95.00Aug 7$2.16$1.16$3.32$91.68$98.323.46%
$96.50Aug 7$1.43$1.93$3.36$93.14$99.863.50%
$97.00Aug 7$1.22$2.23$3.45$93.55$100.453.59%
$94.00Aug 7$2.76$0.82$3.58$90.42$97.583.73%
$97.50Aug 7$1.05$2.56$3.61$93.89$101.113.76%
$98.00Aug 7$0.90$2.84$3.74$94.26$101.743.90%
$98.50Aug 7$0.73$3.19$3.92$94.58$102.424.08%
$93.00Aug 7$3.50$0.53$4.03$88.97$97.034.20%
$99.00Aug 7$0.62$3.60$4.22$94.78$103.224.40%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 166 found (cheapest 1.14% of stock, avg 9.72%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$98.50$92.00Aug 7$0.73$0.36$1.09$90.91$99.59
$98.00$92.00Aug 7$0.90$0.36$1.26$90.74$99.26
$98.50$93.00Aug 7$0.73$0.53$1.26$91.74$99.76
$97.50$92.00Aug 7$1.05$0.36$1.41$90.59$98.91
$98.00$93.00Aug 7$0.90$0.53$1.43$91.57$99.43
$98.50$94.00Aug 7$0.73$0.82$1.55$92.45$100.05
$97.00$92.00Aug 7$1.22$0.36$1.58$90.42$98.58
$97.50$93.00Aug 7$1.05$0.53$1.58$91.42$99.08
$98.00$94.00Aug 7$0.90$0.82$1.72$92.28$99.72
$97.00$93.00Aug 7$1.22$0.53$1.75$91.25$98.75

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 214 found (best R:R 14.38, avg credit $1.23)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
80/8283/85Sep 4$1.87$0.1314.38$80.13$84.87
81/8283/85Aug 21$1.81$0.199.53$80.19$84.81
86/8789/90Aug 14$0.90$0.109.00$86.10$89.90
80/8186/87Aug 21$0.90$0.109.00$80.10$86.90
87/8889/90Sep 4$0.90$0.109.00$87.10$89.90
85/8790/92Sep 11$1.80$0.209.00$85.20$91.80
80/8183/85Aug 21$1.78$0.228.09$79.22$84.78
82/8389/90Aug 21$0.89$0.118.09$82.11$89.89
84/8592/93Aug 28$0.89$0.118.09$84.11$92.89
85/8692/93Aug 28$0.89$0.118.09$85.11$92.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 101 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
$111.00$112.00$113.00Aug 14$0.05$0.9519.00
$87.00$88.00$89.00Aug 21$0.05$0.9519.00
$86.00$87.00$88.00Aug 7$0.06$0.9415.67
$100.00$101.00$102.00Aug 7$0.06$0.9415.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$91.00$92.00$93.00Aug 7$0.05$0.9519.00
$93.00$94.00$95.00Aug 7$0.05$0.9519.00
$100.00$101.00$102.00Aug 14$0.05$0.9519.00
$101.00$102.00$103.00Aug 14$0.05$0.9519.00
$84.00$85.00$86.00Aug 21$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. 53 found (best net $-0.33, 53 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$110.00$115.001:2Aug 21-$0.33$4.67
$105.00$110.001:2Aug 21-$0.55$4.45
$110.00$115.001:2Sep 11-$1.99$3.01
$110.00$115.001:2Sep 18-$2.60$2.40
$105.00$110.001:2Sep 18-$3.30$1.70
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$85.00$80.001:2Sep 11-$1.26$3.74
$85.00$80.001:2Sep 18-$1.56$3.44
$90.00$85.001:2Sep 18-$2.53$2.47
$95.00$90.001:2Sep 18-$3.89$1.11
$82.00$80.001:2Aug 28-$1.04$0.96

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 105 found (best yield 8.44%, avg 3.37%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$96.00Sep 11$8.100.540.0%8.44%8.47%422
$100.00Sep 18$7.750.484.2%8.08%12.27%87736.6K
$97.00Sep 11$7.700.521.1%8.02%9.10%151
$96.00Sep 4$7.300.540.0%7.61%7.64%1869
$98.00Sep 11$7.200.502.1%7.50%9.62%10311
$97.00Sep 4$7.050.521.1%7.35%8.42%2571
$99.00Sep 11$6.800.493.2%7.09%10.24%--26
$98.00Sep 4$6.650.502.1%6.93%9.04%57103
$96.00Aug 28$6.500.530.0%6.77%6.80%21331
$100.00Sep 11$6.400.474.2%6.67%10.87%886

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 169,387
Total Puts 87,825
Put/Call Ratio 0.52
Net Difference 81,562

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 1,173,743
Total Puts 638,930
Average Put/Call Ratio 0.62
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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