MSTR Implied Volatility
MSTR $123.33 · Updated Nov 10, 4:00 PM ET
MSTR at-the-money implied volatility is 94.1% for Nov 13, 2026 (3 days out). For Dec 11, 2026 it is 75.8%. Near-term volatility is priced above longer-dated volatility, an inverted term structure that usually accompanies an event or stress.
TERM STRUCTURE (ATM IV)
| Expiration | DTE | ATM strike | ATM IV |
|---|---|---|---|
| Nov 13, 2026 | 3 | 123 | 94.1% |
| Nov 20, 2026 | 10 | 123 | 83.2% |
| Nov 27, 2026 | 17 | 123 | 77.0% |
| Dec 4, 2026 | 24 | 125 | 76.1% |
| Dec 11, 2026 | 31 | 125 | 75.8% |
| Dec 18, 2026 | 38 | 125 | 76.0% |
| Dec 24, 2026 | 44 | 125 | 75.0% |
| Jan 15, 2027 | 66 | 125 | 73.9% |
| Mar 19, 2027 | 129 | 125 | 73.9% |
| Apr 16, 2027 | 157 | 125 | 73.7% |
SKEW, NOV 13, 2026
| Strike | Call IV | Put IV |
|---|---|---|
| 115 | 97.2% | 97.0% |
| 116 | 96.8% | 96.5% |
| 117 | 96.3% | 96.1% |
| 118 | 95.4% | 95.5% |
| 119 | 96.2% | 95.3% |
| 120 | 95.4% | 95.1% |
| 121 | 94.9% | 94.0% |
| 122 | 95.3% | 94.4% |
| 123 | 94.2% | 93.9% |
| 124 | 94.4% | 94.3% |
| 125 | 94.2% | 93.8% |
| 126 | 94.2% | 93.7% |
| 127 | 93.8% | 93.4% |
| 128 | 93.7% | 93.5% |
| 129 | 93.7% | 93.6% |
| 130 | 93.7% | 92.9% |
| 131 | 93.6% | 91.2% |
How this is calculated: Implied Volatility methodology