Tour v528
MSTR
STRATEGY INC A
$142.85 +8.02%
9/18 09:50

Option Volume

Detail
Current (09/18 9:50am) 203,181
Calls: 157,927 (78%)
Puts: 45,254 (22%)
Prior (09/04) 111,307
Calls: 68,637 (62%)
Puts: 42,670 (38%)
Current vs Prior +82.54%
Calls: +130.09% (Calls)
Puts: +6.06% (Puts)
Prior 7-Day Total 2,629,957
Calls: 1,750,048 (67%)
Puts: 879,909 (33%)
Prior 7-Day Average 375,708
Calls: 250,006 (67%)
Puts: 125,701 (33%)
Current vs Prior 7-Day Avg -45.92%
Calls: -36.83%
Puts: -64.00%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/18 9:50am) $103.88M
Calls: $87.73M (84%)
Puts: $16.15M (16%)
Prior (09/04) $44.72M
Calls: $29.99M (67%)
Puts: $14.73M (33%)
Current vs Prior +132.27%
Calls: +192.49%
Puts: +9.64%
Prior 7-Day Total $1.02B
Calls: $497.37M (49%)
Puts: $522.57M (51%)
Prior 7-Day Average $145.71M
Calls: $71.05M (49%)
Puts: $74.65M (51%)
Current vs Prior 7-Day Avg -28.71%
Calls: +23.47%
Puts: -78.37%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/18 9:50am) 0.29
Prior (09/04) 0.62
Current vs Prior -53.91%
Prior 7-Day Average 0.51
Current vs Prior 7-Day Avg -43.55%
Sentiment BULLISH

Open Interest

Detail
Current (09/18 9:50am) 2,892,043
Calls: 1,656,232 (57%)
Puts: 1,235,811 (43%)
Prior (09/04) 2,913,508
Calls: 1,623,790 (56%)
Puts: 1,289,718 (44%)
Current vs Prior -0.74%
Prior 7-Day Total 20,138,200
Calls: 11,270,316 (56%)
Puts: 8,867,884 (44%)
Prior 7-Day Average 2,876,885
Calls: 1,610,045 (56%)
Puts: 1,266,840 (44%)
Current vs Prior 7-Day Avg +0.53%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 3.08% | 8.23%3.08% | 16.68%
Prior 2.48% | 8.14%13.26% | 21.50%
Current vs Prior +24.30% | +1.07%-76.77% | -22.42%
Prior 7-Day Avg 4.15% | 8.78%7.66% | 17.98%
Current vs 7-Day Avg -25.74% | -6.30%-59.80% | -7.22%
Prior 7-Day Eod 2.48% | 8.14%3.60% | 16.62%
Current vs 7-Day Eod +24.30% | +1.07%-14.42% | +0.37%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 4.32% | 3.41%
Calls: 4.26% | 3.28%
Puts: 4.39% | 3.54%
Prior 7.46% | 3.93%
Calls: 7.19% | 2.64%
Puts: 7.73% | 5.22%
Current vs Prior -42.09% | -13.23%
Prior 7-Day Avg 7.83% | 4.64%
Calls: 7.26% | 3.99%
Puts: 8.40% | 5.30%
Current vs 7-Day Avg -44.82% | -26.53%
Liquidity Acceptable
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🤖 AI Insights

Strong bullish conviction with 84% of dollar volume in calls ($87.73M) vs puts ($16.15M). Massive premium surge with dollar volume up 132% vs prior. Above-average activity with volume up 83% vs prior. Extreme bullish P/C ratio of 0.29 - heavy call buying (157,927 calls vs 45,254 puts).

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 BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
09:50BULLISHBULLISHBULLISH
09:45BULLISHBULLISHBULLISH
09:35BULLISHBULLISHBULLISH

📈 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 365 of results (avg 5.0%, best 1.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Oct 169.9510.05$10.001.0%2.2K0.517.8K
$160.00Sep 251.401.42$1.411.4%7.3K0.172.9K
$135.00Oct 1614.8515.10$14.981.7%1250.664.3K
$133.00Oct 2317.2517.55$17.401.7%20.6810
$135.00Oct 2316.0516.35$16.201.9%830.65136
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Oct 1621.8022.05$21.931.1%160.682.1K
$150.00Oct 1614.6014.80$14.701.4%10.561.8K
$155.00Oct 1618.0018.25$18.131.4%40.621.8K
$170.00Oct 1629.8530.30$30.081.5%50.771.8K
$145.00Oct 1611.5011.70$11.601.7%1190.491.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 25 found (avg $0.62, cheapest $0.25)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 180.240.25$0.254.0%4.9K0.1018.8K
$148.00Sep 180.420.50$0.4617.4%5160.17259
$147.00Sep 180.570.63$0.6010.0%7560.21437
$146.00Sep 180.810.84$0.833.6%5000.276.5K
$170.00Sep 250.620.70$0.6612.1%2810.091.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$138.00Sep 180.380.43$0.4112.2%5220.15430
$139.00Sep 180.540.59$0.568.9%8090.2079
$140.00Sep 180.790.84$0.826.1%6.0K0.275.2K
$120.00Sep 250.270.29$0.287.1%4370.043.2K
$119.00Sep 250.250.29$0.2714.8%60.04243

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 230 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Sep 1827.3528.60$27.984.5%831.006.0K
$116.00Sep 1826.3527.40$26.883.9%521.0045
$117.00Sep 1825.3526.60$25.984.8%711.00136
$118.00Sep 1824.3525.40$24.884.2%351.0042
$119.00Sep 1823.3524.40$23.884.4%361.0060
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Sep 1826.1030.40$28.2515.2%711.005
$165.00Sep 1821.5025.40$23.4516.6%711.0015
$162.50Sep 1818.7021.15$19.9212.3%710.99--
$160.00Sep 1816.6017.70$17.156.4%710.999
$167.50Sep 1823.5028.30$25.9018.5%710.991

Most actively traded options today. High liquidity = easy entry/exit. 399 active (total vol 184.9K, top 18.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$141.00Sep 182.883.00$2.944.1%18.7K0.6616.3K
$135.00Sep 187.608.40$8.0010.0%18.2K0.9422.1K
$140.00Sep 183.603.70$3.652.7%12.4K0.7321.5K
$142.00Sep 256.006.20$6.103.3%10.7K0.54558
$148.00Sep 253.653.85$3.755.3%10.5K0.381.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Sep 180.790.84$0.826.1%6.0K0.275.2K
$132.00Sep 180.040.05$0.0520.0%2.6K0.022.0K
$115.00Oct 161.551.62$1.594.4%2.2K0.114.3K
$135.00Sep 180.100.13$0.1225.0%1.3K0.052.6K
$137.00Sep 180.220.28$0.2524.0%1.0K0.11180

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 19 strikes (avg 86.6%, max 93.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$148.00Sep 18Oct 23133.8%69.2%93.4%520277
$147.00Sep 18Oct 30131.0%68.1%92.4%757458
$138.00Sep 18Oct 30126.4%66.6%89.8%2.1K16.5K
$139.00Sep 18Oct 30124.6%66.5%87.4%2.0K21.0K
$141.00Sep 18Oct 30124.4%66.5%87.1%18.7K16.3K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$139.00Sep 18Oct 9124.6%65.3%90.9%837129
$138.00Sep 18Oct 30126.4%66.6%89.8%523430
$142.00Sep 18Oct 23124.9%65.9%89.7%70844
$141.00Sep 18Oct 23124.4%65.8%89.0%534169
$146.00Sep 18Oct 2129.7%69.8%85.9%627

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 269 found (best R:R 6.14, avg 2.50)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$147.00$149.00Oct 30$0.28$1.72$0.2849%6.14$147.28
$155.00$160.00Oct 30$1.30$3.70$1.3041%2.85$156.30
$123.00$125.00Oct 30$1.00$1.00$1.0077%1.00$124.00
$150.00$155.00Oct 30$1.65$3.35$1.6546%2.03$151.65
$140.00$145.00Oct 16$2.23$2.77$2.2358%1.24$142.23
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$150.00$149.00Sep 25$0.46$0.54$0.4666%1.17$149.54
$150.00$148.00Oct 2$1.04$0.96$1.0461%0.92$148.96
$131.00$130.00Oct 30$0.22$0.78$0.2231%3.55$130.78
$133.00$132.00Sep 25$0.15$0.85$0.1522%5.67$132.85
$145.00$144.00Sep 18$0.60$0.40$0.6066%0.67$144.40

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 187 found (best R:R 0.84, avg 0.50)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$145.00$146.00Oct 30$0.75$0.75$0.2548%3.00$145.75
$146.00$147.00Oct 30$0.65$0.65$0.3549%1.86$146.65
$143.00$144.00Oct 30$0.65$0.65$0.3546%1.86$143.65
$144.00$145.00Oct 23$0.55$0.55$0.4547%1.22$144.55
$150.00$152.50Sep 18$0.14$0.14$2.3690%0.06$150.14
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$140.00$135.00Oct 16$2.28$2.28$2.7258%0.84$137.72
$135.00$130.00Oct 16$1.85$1.85$3.1566%0.59$133.15
$130.00$125.00Oct 16$1.42$1.42$3.5873%0.40$128.58
$125.00$120.00Oct 16$1.06$1.06$3.9479%0.27$123.94
$125.00$123.00Oct 30$0.70$0.70$1.3075%0.54$124.30

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $3.67, cheapest $3.65)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$145.00Sep 18Sep 25$3.72127.8%71.6%
$142.00Sep 18Sep 25$3.75124.9%69.1%
$141.00Sep 18Sep 25$3.66124.4%68.8%
$144.00Sep 18Sep 25$3.78125.7%71.1%
$143.00Sep 18Sep 25$3.79125.2%71.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$145.00Sep 18Sep 25$3.65127.8%71.6%
$142.00Sep 18Sep 25$3.61124.9%69.1%
$141.00Sep 18Sep 25$3.52124.4%68.8%
$144.00Sep 18Sep 25$3.67125.7%71.1%
$143.00Sep 18Sep 25$3.60125.2%71.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 127 found (cheapest 2.72% of stock, avg 11.92%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$142.00Sep 18$2.35$1.54$3.89$138.11$145.892.72%
$143.00Sep 18$1.84$2.05$3.89$139.11$146.892.72%
$144.00Sep 18$1.42$2.58$4.00$140.00$148.002.80%
$141.00Sep 18$2.94$1.13$4.07$136.93$145.072.85%
$145.00Sep 18$1.08$3.18$4.26$140.74$149.262.98%
$140.00Sep 18$3.65$0.82$4.47$135.53$144.473.13%
$146.00Sep 18$0.83$3.97$4.80$141.20$150.803.36%
$139.00Sep 18$4.43$0.56$4.99$134.01$143.993.49%
$147.00Sep 18$0.60$4.78$5.38$141.62$152.383.77%
$138.00Sep 18$5.32$0.41$5.73$132.27$143.734.01%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 0.71% of stock, avg 9.47%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$147.00$138.00Sep 18$0.60$0.41$1.01$136.99$148.01
$147.00$139.00Sep 18$0.60$0.56$1.16$137.84$148.16
$146.00$138.00Sep 18$0.83$0.41$1.24$136.76$147.24
$146.00$139.00Sep 18$0.83$0.56$1.39$137.61$147.39
$147.00$140.00Sep 18$0.60$0.82$1.42$138.58$148.42
$146.00$140.00Sep 18$0.83$0.82$1.65$138.35$147.65
$145.00$138.00Sep 18$1.08$0.41$1.49$136.51$146.49
$145.00$139.00Sep 18$1.08$0.56$1.64$137.36$146.64
$147.00$141.00Sep 18$0.60$1.13$1.73$139.27$148.73
$145.00$140.00Sep 18$1.08$0.82$1.90$138.10$146.90

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 118 found (best R:R 0.64, avg credit $0.96)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
137/138146/147Sep 18$0.39$0.6158%0.64$137.61$146.39
137/138148/149Sep 18$0.27$0.7368%0.37$137.73$148.27
139/140146/147Sep 18$0.49$0.5146%0.96$139.51$146.49
137/138147/148Sep 18$0.30$0.7063%0.43$137.70$147.30
139/140148/149Sep 18$0.37$0.6356%0.59$139.63$148.37
140/141146/147Sep 18$0.54$0.4638%1.17$140.46$146.54
137/138145/146Sep 18$0.41$0.5951%0.69$137.59$145.41
139/140147/148Sep 18$0.40$0.6052%0.67$139.60$147.40
140/141148/149Sep 18$0.42$0.5849%0.72$140.58$148.42
138/139146/147Sep 18$0.38$0.6252%0.61$138.62$146.38

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 144 found (best R:R 70.43, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$155.00$160.00$165.00Oct 30$0.07$4.939%70.43
$115.00$120.00$125.00Oct 16$0.10$4.9010%49.00
$125.00$130.00$135.00Oct 16$0.23$4.7714%20.74
$160.00$165.00$170.00Oct 16$0.14$4.869%34.71
$140.00$145.00$150.00Oct 16$0.28$4.7214%16.86
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$155.00$160.00$165.00Sep 25$0.18$4.8212%26.78
$155.00$160.00$165.00Oct 16$0.15$4.8510%32.33
$155.00$160.00$165.00Oct 9$0.18$4.8211%26.78
$139.00$140.00$141.00Sep 18$0.05$0.9514%19.00
$145.00$150.00$155.00Oct 16$0.33$4.6713%14.15

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 79 found (best net $-7.51, 77 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$152.50$155.001:2Sep 18-$0.03$2.47
$157.50$160.001:2Sep 18-$0.01$2.49
$162.50$165.001:2Sep 18$0.00$2.50
$155.00$157.501:2Sep 18-$0.03$2.47
$160.00$162.501:2Sep 18-$0.01$2.49
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$170.00$155.001:2Oct 23-$7.51$7.49
$138.00$137.001:2Sep 18-$0.09$0.91
$121.00$120.001:2Sep 18$0.00$1.00
$125.00$124.001:2Sep 18$0.00$1.00
$137.00$136.001:2Sep 18-$0.09$0.91

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 82 found (best yield 5.08%, avg 3.82%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$160.00Oct 30$7.250.3612.0%5.08%17.08%22298
$155.00Oct 30$8.350.418.5%5.85%14.35%3115
$150.00Oct 30$10.000.465.0%7.00%12.01%41149
$145.00Oct 30$12.150.521.5%8.51%10.01%2343
$149.00Oct 30$10.300.474.3%7.21%11.52%--387
$165.00Oct 30$6.100.3215.5%4.27%19.78%457
$144.00Oct 30$11.950.530.8%8.37%9.17%--113
$146.00Oct 30$10.900.512.2%7.63%9.84%--12
$155.00Oct 23$7.600.408.5%5.32%13.83%6243
$170.00Oct 30$4.850.2819.0%3.40%22.40%80314

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 157,927
Total Puts 45,254
Put/Call Ratio 0.29
Net Difference 112,673

Prior's Put/Call Breakdown

Total Calls 68,637
Total Puts 42,670
Put/Call Ratio 0.62
Net Difference 25,967

Prior 7-Day Put/Call Summary

Total Calls 1,750,048
Total Puts 879,909
Average Put/Call Ratio 0.51
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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