MSTR option chain Strategy Inc
Each row is one strike. The left half is the call, the right half the put. Bid/ask are what buyers and sellers currently quote; volume is contracts traded this session; open interest is standing contracts. The highlighted row sits closest to the stock price.
This expiration prices a move of about ±28.9% (102.69–186.25) · ATM IV 78.7% · P/C open interest 1.29
| CALLS | Strike | PUTS | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bid | Ask | Vol | OIThe number of option contracts currently outstanding at a strike or expiration. High open interest shows where positions are concentrated. | IV | ΔModel sensitivity of an option's price to a $1 move in the stock; also used as a rough moneyness scale (a 25-delta option is well out of the money). | Γ | Θ | Bid | Ask | Vol | OI | IV | Δ | Γ | Θ | |
| 69.95 | 73.05 | 1 | 16 | 88.5% | 0.96 | 0.0013 | -0.003 | 75 | 0.8800 | 1.06 | 39 | 1,324 | 90.0% | -0.04 | 0.0013 | -0.030 |
| 63.00 | 69.45 | 79 | 74.2% | 0.95 | 0.0016 | -0.010 | 80 | 1.17 | 1.37 | 195 | 4,811 | 87.4% | -0.05 | 0.0016 | -0.035 | |
| 60.70 | 63.30 | 1 | 87 | 80.4% | 0.94 | 0.0020 | -0.018 | 85 | 1.55 | 1.69 | 129 | 1,694 | 84.8% | -0.06 | 0.0020 | -0.041 |
| 55.15 | 60.85 | 5 | 260 | 84.5% | 0.93 | 0.0025 | -0.027 | 90 | 2.04 | 2.24 | 165 | 4,375 | 83.3% | -0.07 | 0.0025 | -0.048 |
| 51.15 | 55.15 | 16 | 577 | 78.0% | 0.91 | 0.0030 | -0.036 | 95 | 2.62 | 2.86 | 958 | 1,711 | 81.6% | -0.09 | 0.0030 | -0.056 |
| 47.65 | 49.90 | 62 | 828 | 75.7% | 0.89 | 0.0036 | -0.047 | 100 | 3.40 | 3.65 | 3,374 | 1,799 | 80.4% | -0.11 | 0.0036 | -0.065 |
| 43.95 | 46.25 | 69 | 475 | 77.7% | 0.86 | 0.0042 | -0.058 | 105 | 4.35 | 4.65 | 58 | 1,968 | 79.6% | -0.14 | 0.0042 | -0.074 |
| 40.20 | 42.55 | 156 | 1,047 | 75.7% | 0.83 | 0.0047 | -0.069 | 110 | 5.50 | 5.85 | 476 | 980 | 79.0% | -0.17 | 0.0048 | -0.083 |
| 37.20 | 38.95 | 91 | 562 | 77.0% | 0.80 | 0.0053 | -0.079 | 115 | 6.85 | 7.25 | 153 | 689 | 78.4% | -0.20 | 0.0054 | -0.092 |
| 33.90 | 35.60 | 258 | 1,645 | 77.0% | 0.77 | 0.0058 | -0.089 | 120 | 8.50 | 8.85 | 682 | 1,909 | 78.3% | -0.23 | 0.0059 | -0.100 |
| 31.20 | 32.00 | 107 | 819 | 77.8% | 0.73 | 0.0063 | -0.099 | 125 | 10.35 | 10.75 | 168 | 799 | 78.1% | -0.27 | 0.0064 | -0.108 |
| 28.35 | 28.95 | 179 | 2,247 | 77.8% | 0.69 | 0.0067 | -0.107 | 130 | 12.45 | 12.85 | 243 | 866 | 78.1% | -0.31 | 0.0068 | -0.114 |
| 25.70 | 26.35 | 328 | 2,479 | 78.0% | 0.66 | 0.0070 | -0.114 | 135 | 14.80 | 15.20 | 173 | 399 | 78.3% | -0.35 | 0.0071 | -0.120 |
| 23.30 | 23.90 | 644 | 1,427 | 78.1% | 0.62 | 0.0072 | -0.120 | 140 | 17.45 | 17.80 | 310 | 991 | 78.8% | -0.38 | 0.0073 | -0.124 |
| 21.10 | 21.75 | 340 | 3,145 | 78.5% | 0.58 | 0.0074 | -0.124 | 145 | 20.15 | 20.55 | 113 | 1,014 | 78.9% | -0.42 | 0.0075 | -0.126 |
| 19.25 | 19.70 | 921 | 2,813 | 79.0% | 0.55 | 0.0074 | -0.127 | 150 | 23.20 | 23.55 | 93 | 1,294 | 79.3% | -0.46 | 0.0076 | -0.128 |
| 17.30 | 18.10 | 989 | 1,751 | 79.5% | 0.51 | 0.0075 | -0.130 | 155 | 26.35 | 26.80 | 20 | 1,394 | 79.7% | -0.49 | 0.0076 | -0.128 |
| 15.80 | 16.55 | 895 | 1,695 | 79.7% | 0.48 | 0.0074 | -0.131 | 160 | 29.65 | 30.40 | 95 | 1,703 | 80.5% | -0.53 | 0.0076 | -0.128 |
| 14.35 | 14.70 | 998 | 775 | 80.0% | 0.45 | 0.0073 | -0.131 | 165 | 33.00 | 34.00 | 1 | 1,902 | 80.9% | -0.56 | 0.0075 | -0.126 |
| 13.05 | 13.50 | 804 | 768 | 80.6% | 0.42 | 0.0072 | -0.130 | 170 | 36.25 | 37.70 | 11 | 1,641 | 81.4% | -0.59 | 0.0073 | -0.124 |
| 11.85 | 12.30 | 157 | 864 | 81.1% | 0.39 | 0.0070 | -0.129 | 175 | 40.15 | 41.55 | 6 | 1,081 | 82.0% | -0.62 | 0.0072 | -0.121 |
| 10.80 | 11.20 | 311 | 2,424 | 81.6% | 0.36 | 0.0068 | -0.127 | 180 | 43.95 | 45.50 | 1,546 | 82.5% | -0.65 | 0.0070 | -0.118 | |
| 9.85 | 10.25 | 40 | 650 | 82.1% | 0.34 | 0.0066 | -0.125 | 185 | 47.90 | 49.60 | 1 | 468 | 83.1% | -0.67 | 0.0068 | -0.114 |
| 9.00 | 9.60 | 105 | 555 | 82.7% | 0.31 | 0.0064 | -0.122 | 190 | 52.55 | 53.40 | 5 | 887 | 83.2% | -0.69 | 0.0066 | -0.110 |
| 8.20 | 8.60 | 108 | 154 | 83.2% | 0.29 | 0.0061 | -0.119 | 195 | 56.55 | 57.80 | 11 | 42 | 84.1% | -0.72 | 0.0063 | -0.105 |
| 7.50 | 7.90 | 649 | 2,165 | 83.8% | 0.27 | 0.0059 | -0.116 | 200 | 60.85 | 61.95 | 10 | 422 | 83.9% | -0.74 | 0.0061 | -0.100 |
| 6.90 | 7.25 | 21 | 371 | 84.4% | 0.25 | 0.0056 | -0.113 | 205 | 65.20 | 66.70 | 174 | 85.4% | -0.76 | 0.0059 | -0.095 | |
| 6.35 | 6.70 | 48 | 454 | 85.0% | 0.24 | 0.0054 | -0.110 | 210 | 69.55 | 71.20 | 312 | 85.9% | -0.77 | 0.0056 | -0.090 | |
| 5.80 | 6.20 | 20 | 205 | 85.4% | 0.22 | 0.0052 | -0.106 | 215 | 74.10 | 75.65 | 41 | 86.6% | -0.79 | 0.0054 | -0.085 | |
Strikes shown: within ±50% of the underlying price. Intrinsic value = max(0, price − strike) for calls, max(0, strike − price) for puts; extrinsic = option price − intrinsic. Greeks and IV as computed by the exchange feed.
Volatility smile — Nov 20, 2026
Volatility page →Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.