MSTR option chain Strategy Inc

Expiration Cboe delayed options data · as of 17:03 UTC

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 ±11.9% (123.65–157.15) · ATM IV 73.5% · P/C open interest 0.70

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
64.95	66.05	1	46		0.99	0.0005	0.000	75	0.0800	0.1000	1,304	4,496	132.5%	-0.01	0.0005	-0.021
60.10	60.90	8	169		0.99	0.0007	0.000	80	0.1000	0.1200	933	10.8K	123.2%	-0.01	0.0007	-0.025
55.05	56.15	2	286	105.5%	0.99	0.0009	-0.002	85	0.1000	0.1600	488	6,302	113.7%	-0.01	0.0009	-0.029
50.10	51.15	5	1,312	96.9%	0.99	0.0012	-0.010	90	0.1700	0.1900	299	5,878	107.1%	-0.01	0.0012	-0.035
45.25	46.10	16	1,634	90.9%	0.98	0.0017	-0.019	95	0.2100	0.2400	546	4,311	99.0%	-0.02	0.0017	-0.042
40.20	41.10	104	36.2K	76.7%	0.97	0.0024	-0.031	100	0.2700	0.2900	1,016	11.2K	90.4%	-0.03	0.0024	-0.051
35.30	36.40	82	4,764	80.0%	0.96	0.0034	-0.045	105	0.3500	0.3800	1,406	5,089	83.8%	-0.04	0.0034	-0.063
34.30	35.40	1	71	77.6%	0.96	0.0036	-0.048	106	0.3700	0.4200	44	303	82.8%	-0.04	0.0037	-0.066
33.45	34.30	1	48	76.6%	0.96	0.0039	-0.052	107	0.3700	0.4600	36	216	81.3%	-0.04	0.0039	-0.069
32.50	33.35		37	76.5%	0.95	0.0042	-0.056	108	0.3900	0.5000	5	408	80.1%	-0.05	0.0042	-0.072
31.55	32.40		29	76.2%	0.95	0.0045	-0.060	109	0.4300	0.5500	10	312	79.4%	-0.05	0.0046	-0.076
30.60	31.40	66	3,346	74.8%	0.95	0.0049	-0.065	110	0.4600	0.5600	1,219	5,502	77.8%	-0.06	0.0049	-0.080
29.65	30.45	5	13	74.2%	0.94	0.0053	-0.069	111	0.5100	0.6300	7	90	77.3%	-0.06	0.0053	-0.084
28.70	29.45	8	72	72.6%	0.94	0.0057	-0.075	112	0.5900	0.6800	7	95	76.8%	-0.06	0.0057	-0.089
27.75	28.55	3	14	72.6%	0.93	0.0061	-0.080	113	0.6500	0.7400	337	252	76.1%	-0.07	0.0061	-0.094
26.85	27.65	1	61	72.9%	0.92	0.0066	-0.086	114	0.7000	0.8300	22	370	75.4%	-0.08	0.0066	-0.100
25.90	26.80	81	6,482	69.2%	0.92	0.0071	-0.092	115	0.8000	0.8800	1,142	4,253	74.8%	-0.08	0.0071	-0.105
25.00	25.75	1	32	71.1%	0.91	0.0076	-0.099	116	0.8800	0.9600	194	436	74.1%	-0.09	0.0076	-0.112
24.10	24.90	1	28	71.4%	0.90	0.0082	-0.106	117	0.9600	1.07	335	341	73.7%	-0.10	0.0082	-0.118
23.20	24.00	11	32	70.9%	0.89	0.0087	-0.114	118	1.08	1.19	178	440	73.4%	-0.11	0.0088	-0.125
22.30	23.05	4	29	69.8%	0.88	0.0094	-0.122	119	1.18	1.29	482	533	72.6%	-0.12	0.0094	-0.133
21.45	22.00	150	3,951	68.1%	0.87	0.0100	-0.130	120	1.35	1.44	668	3,831	72.8%	-0.13	0.0100	-0.141
20.95	21.35	6	121	71.8%	0.86	0.0106	-0.138	121	1.49	1.61	928	372	72.6%	-0.14	0.0107	-0.149
19.75	20.55		167	69.8%	0.85	0.0113	-0.147	122	1.63	1.77	244	119	72.3%	-0.15	0.0113	-0.157
18.95	19.65	32	117	69.3%	0.84	0.0119	-0.156	123	1.80	1.96	422	252	72.2%	-0.16	0.0120	-0.166
18.40	18.90	34	157	70.3%	0.82	0.0126	-0.165	124	2.01	2.16	29	253	71.9%	-0.18	0.0126	-0.174
17.60	18.15	477	12.1K	71.4%	0.81	0.0132	-0.175	125	2.22	2.38	291	2,993	72.0%	-0.19	0.0133	-0.183
16.65	17.35	22	192	70.0%	0.80	0.0139	-0.184	126	2.45	2.63	26	62	72.0%	-0.21	0.0139	-0.192
15.90	16.60	64	357	69.9%	0.78	0.0145	-0.193	127	2.71	2.87	87	176	71.8%	-0.22	0.0145	-0.201
15.35	15.85	150	770	70.8%	0.76	0.0150	-0.202	128	2.97	3.25	63	242	72.3%	-0.24	0.0151	-0.209
14.70	15.10	94	230	70.9%	0.75	0.0156	-0.211	129	3.25	3.50	112	147	72.1%	-0.25	0.0157	-0.217
14.20	14.40	1,416	10.1K	70.8%	0.73	0.0161	-0.219	130	3.60	3.80	320	2,894	72.2%	-0.27	0.0162	-0.226
13.35	13.75	127	428	71.0%	0.71	0.0166	-0.228	131	3.90	4.20	67	58	72.4%	-0.29	0.0167	-0.233
12.70	13.10	308	494	71.0%	0.69	0.0170	-0.235	132	4.25	4.55	136	48	72.3%	-0.31	0.0171	-0.241
12.10	12.50	120	822	71.3%	0.67	0.0174	-0.242	133	4.65	4.95	65	91	72.6%	-0.33	0.0175	-0.247
10.95	11.35	1,459	4,793	71.8%	0.64	0.0180	-0.255	135	5.50	5.75	268	1,161	72.6%	-0.36	0.0181	-0.259
8.50	8.75	3,776	7,450	73.0%	0.54	0.0187	-0.277	140	8.00	8.25	1,261	4,502	73.9%	-0.46	0.0188	-0.279
6.50	6.70	1,414	2,903	74.3%	0.45	0.0183	-0.283	145	10.90	11.30	105	2,551	75.2%	-0.55	0.0184	-0.282
5.00	5.15	3,598	12.8K	76.3%	0.37	0.0171	-0.275	150	14.30	14.75	90	3,487	77.0%	-0.63	0.0172	-0.273
3.75	4.00	654	1,887	78.1%	0.30	0.0154	-0.258	155	18.15	18.55	3	1,167	78.8%	-0.70	0.0156	-0.253
2.92	2.99	914	3,492	79.8%	0.24	0.0135	-0.236	160	22.20	22.65	34	796	81.1%	-0.76	0.0137	-0.229
2.25	2.40	312	1,627	82.4%	0.19	0.0116	-0.212	165	26.50	26.95	7	1,006	82.9%	-0.81	0.0118	-0.202
1.76	1.87	1,542	4,828	84.5%	0.16	0.0099	-0.188	170	30.95	31.80	3	449	86.6%	-0.85	0.0100	-0.176
1.38	1.52	321	3,263	87.1%	0.13	0.0083	-0.166	175	35.60	36.45	1	34	89.5%	-0.88	0.0084	-0.151
1.11	1.20	699	4,894	89.2%	0.10	0.0070	-0.146	180	40.35	41.15	10	666	92.3%	-0.90	0.0071	-0.129
0.8500	0.9900	60	1,460	91.2%	0.08	0.0059	-0.128	185	45.05	45.95		105	94.3%	-0.92	0.0060	-0.108
0.6700	0.8100	156	2,253	93.2%	0.07	0.0050	-0.113	190	49.90	50.65		104	95.3%	-0.94	0.0050	-0.089
0.5700	0.6500	271	1,307	95.5%	0.06	0.0042	-0.099	195	54.85	55.60		56	100.1%	-0.95	0.0043	-0.073
0.4800	0.5600	2,566	16.7K	98.1%	0.05	0.0036	-0.087	200	59.65	60.65		382	103.8%	-0.96	0.0038	-0.058
0.3900	0.4800	57	558	100.3%	0.04	0.0030	-0.076	205	64.55	65.55			105.9%	-0.97	0.0034	-0.046
0.2900	0.4000	202	1,194	101.3%	0.03	0.0026	-0.067	210	69.50	70.50		5	109.2%	-0.97	0.0030	-0.036

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 — Sep 18, 2026

Volatility page →

Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.

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MSTR option chain Strategy Inc

Volatility smile — Sep 18, 2026

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