MSTR option chain Strategy Inc

Expiration Cboe delayed options data · as of 15:40 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 ±16.4% (120.58–167.88) · ATM IV 70.4% · P/C open interest 0.68

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
68.30	73.05		18	144.6%	0.99	0.0008	-0.017	75	0.2100	0.3300	1	1,816	111.7%	-0.01	0.0008	-0.026
63.35	68.15		63	133.8%	0.98	0.0010	-0.022	80	0.2600	0.4000	5	5,188	105.1%	-0.02	0.0010	-0.030
58.50	62.60		72	116.5%	0.98	0.0013	-0.029	85	0.3700	0.4700	205	2,051	99.6%	-0.02	0.0013	-0.036
53.95	58.25		257	117.6%	0.97	0.0018	-0.036	90	0.5000	0.5400	389	4,937	93.9%	-0.03	0.0018	-0.043
48.75	52.00		535	90.5%	0.96	0.0023	-0.044	95	0.6400	0.7300	137	2,831	89.5%	-0.04	0.0023	-0.051
44.35	47.40		886	91.4%	0.95	0.0030	-0.055	100	0.8500	0.9000	321	4,310	84.8%	-0.05	0.0030	-0.060
39.90	42.45	1	480	86.3%	0.93	0.0039	-0.068	105	1.13	1.20	167	1,921	81.0%	-0.07	0.0040	-0.073
35.05	37.95	7	1,085	80.8%	0.91	0.0051	-0.083	110	1.54	1.62	263	4,626	78.0%	-0.09	0.0051	-0.087
31.75	32.10	2	575	75.8%	0.88	0.0064	-0.100	115	2.12	2.21	42	2,100	75.5%	-0.13	0.0065	-0.104
27.60	27.95	11	1,764	74.1%	0.84	0.0079	-0.119	120	2.93	3.05	274	6,858	73.8%	-0.16	0.0080	-0.123
23.70	24.05	15	1,061	72.6%	0.79	0.0094	-0.139	125	4.00	4.15	140	3,360	72.3%	-0.21	0.0095	-0.142
21.55	21.90	11	16	72.2%	0.76	0.0103	-0.150	128	4.85	5.00	21	32	72.0%	-0.25	0.0104	-0.153
20.85	21.20			72.0%	0.74	0.0106	-0.153	129	5.10	5.30	32	20	71.7%	-0.26	0.0107	-0.156
20.20	20.50	42	2,189	71.9%	0.73	0.0109	-0.157	130	5.45	5.60	451	4,673	71.6%	-0.27	0.0109	-0.160
19.50	19.85	11		71.8%	0.72	0.0111	-0.160	131	5.75	5.95	9	1,062	71.5%	-0.28	0.0112	-0.163
18.85	19.15		7	71.5%	0.71	0.0114	-0.163	132	6.10	6.30	10	13	71.4%	-0.29	0.0114	-0.166
18.20	18.55		5	71.5%	0.70	0.0116	-0.166	133	6.45	6.60	9	1,037	71.0%	-0.30	0.0117	-0.169
17.55	17.90	1		71.2%	0.68	0.0118	-0.169	134	6.80	7.00	17	51	71.0%	-0.32	0.0119	-0.171
17.00	17.30	33	42.3K	71.4%	0.67	0.0121	-0.172	135	7.20	7.35	159	2,358	70.8%	-0.33	0.0121	-0.174
16.40	16.70	15	33	71.2%	0.66	0.0123	-0.174	136	7.60	7.75	17	19	70.7%	-0.34	0.0123	-0.176
15.80	16.10	230	10	71.0%	0.65	0.0124	-0.176	137	8.00	8.20	58	24	70.7%	-0.36	0.0125	-0.179
15.25	15.50	28	2	70.9%	0.63	0.0126	-0.179	138	8.45	8.60	34	45	70.6%	-0.37	0.0127	-0.181
14.70	14.95	18	37	70.9%	0.62	0.0128	-0.180	139	8.85	9.05	14	16	70.4%	-0.38	0.0128	-0.182
14.15	14.40	465	12.6K	70.7%	0.61	0.0129	-0.182	140	9.35	9.50	425	2,820	70.5%	-0.40	0.0130	-0.184
13.60	13.90	9	53	70.7%	0.59	0.0130	-0.184	141	9.80	10.00	22	12	70.4%	-0.41	0.0131	-0.185
13.10	13.35	13	20	70.5%	0.58	0.0131	-0.185	142	10.30	10.50	72	22	70.4%	-0.42	0.0132	-0.187
12.60	12.85	40	43	70.5%	0.57	0.0132	-0.186	143	10.80	11.00	3	47	70.4%	-0.44	0.0133	-0.188
12.10	12.40	62	52	70.5%	0.55	0.0133	-0.187	144	11.30	11.50	15	33	70.2%	-0.45	0.0134	-0.189
11.65	11.90	102	3,295	70.4%	0.54	0.0134	-0.188	145	11.80	12.00	182	3,280	70.0%	-0.46	0.0135	-0.189
11.20	11.45	282	64	70.4%	0.53	0.0134	-0.188	146	12.35	12.60	9	81	70.2%	-0.48	0.0135	-0.190
10.80	11.00	267	37	70.5%	0.51	0.0134	-0.188	147	12.90	13.15	2	1	70.1%	-0.49	0.0136	-0.190
10.35	10.55	69	28	70.3%	0.50	0.0135	-0.188	148	13.50	13.70	4		70.1%	-0.50	0.0136	-0.190
9.90	10.15	27	59	70.2%	0.49	0.0135	-0.188	149	14.05	14.35	3	3	70.2%	-0.52	0.0136	-0.189
9.50	9.75	1,224	4,204	70.2%	0.47	0.0134	-0.188	150	14.65	14.90	31	3,471	70.0%	-0.53	0.0136	-0.189
8.55	8.75	46	56	70.0%	0.44	0.0133	-0.186	152.5	16.15	16.45	7	15	69.8%	-0.56	0.0135	-0.187
7.70	7.90	143	2,524	70.1%	0.41	0.0131	-0.183	155	17.75	18.05	47	3,122	69.6%	-0.59	0.0133	-0.184
6.90	7.05	27	18	69.9%	0.38	0.0129	-0.180	157.5	19.45	19.80	4	1	69.7%	-0.62	0.0130	-0.180
6.15	6.30	237	3,844	69.7%	0.35	0.0125	-0.175	160	21.20	21.60	49	4,280	69.7%	-0.65	0.0127	-0.175
5.50	5.65	1	35	69.8%	0.32	0.0121	-0.170	162.5	23.05	23.45	2		69.7%	-0.68	0.0123	-0.170
4.90	5.10	236	3,574	70.0%	0.30	0.0117	-0.164	165	24.95	25.35	40	2,801	69.7%	-0.71	0.0119	-0.164
3.90	4.05	238	2,977	70.1%	0.25	0.0107	-0.150	170	28.90	29.35	16	2,242	69.8%	-0.75	0.0109	-0.150
3.10	3.25	238	1,954	70.5%	0.21	0.0096	-0.136	175	33.15	33.55		1,179	70.5%	-0.80	0.0099	-0.136
2.48	2.58	487	8,764	70.9%	0.17	0.0086	-0.122	180	37.50	37.95	1	1,647	70.7%	-0.83	0.0088	-0.121
1.98	2.07	58	1,262	71.5%	0.15	0.0075	-0.108	185	41.90	42.50		557	71.2%	-0.86	0.0078	-0.107
1.58	1.65	140	1,602	72.0%	0.12	0.0066	-0.096	190	46.55	47.10		919	71.8%	-0.89	0.0068	-0.094
1.27	1.37	143	2,242	72.9%	0.10	0.0057	-0.084	195	49.45	52.80		91	64.9%	-0.91	0.0060	-0.082
1.04	1.10	374	5,404	73.7%	0.08	0.0049	-0.074	200	53.85	57.45		614		-0.93	0.0052	-0.072
0.8400	0.9200	12	2,063	74.6%	0.07	0.0042	-0.065	205	58.25	63.00		174		-0.94	0.0046	-0.063
0.6900	0.7600	42	1,085	75.5%	0.06	0.0037	-0.058	210	65.05	67.30	10	375	78.2%	-0.95	0.0040	-0.056
0.5800	0.6500	6	873	76.7%	0.05	0.0032	-0.051	215	67.80	72.70		37		-0.96	0.0036	-0.050

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.

callsputs

MSTR option chain Strategy Inc

Volatility smile — Nov 20, 2026

Consumer Cyclical

ETF

Technology

Financial Services

Industrials

Consumer Defensive