MSTR Options Chain

MSTR $123.33 · Updated Nov 10, 4:00 PM ET

MSTR is at $123.33. The nearest expiration, Nov 13, 2026 (3 days out), lists 102 strikes, with 70,418 calls and 56,015 puts traded in the latest session. At-the-money implied volatility is 94.1%. The at-the-money straddle prices a move of about $8.45 (6.9%) by expiration.

EXPIRATION

ATM IV

94.1%

123 strike

EXPECTED MOVE

$8.45

ATM straddle

MAX PAIN

$126.00

+2.2%

PUT/CALL VOLUME

0.80

56,015 / 70,418

NOV 13, 2026 CHAIN

CALLS											PUTS
Ask	Bid	Vega	Gamma	Theta	Delta	IV	Vol	OI	Mid	Strike	Mid	OI	Vol	IV	Delta	Theta	Gamma	Vega	Bid	Ask
14.45	13.10	0.020	0.0159	-0.316	0.895	109.7%	20	16	13.77	108	0.57	1,336	885	102.9%	-0.104	-0.317	0.0159	0.020	0.56	0.59
13.40	12.55	0.022	0.0178	-0.353	0.879	111.9%	12	14	12.98	109	0.69	437	1,009	102.0%	-0.121	-0.355	0.0178	0.022	0.67	0.70
12.10	11.70	0.024	0.0198	-0.394	0.861	102.2%	84	281	11.90	110	0.81	5,100	4,657	101.0%	-0.139	-0.396	0.0199	0.024	0.79	0.84
11.25	10.90	0.027	0.0220	-0.437	0.840	102.1%	35	26	11.07	111	0.95	717	702	100.0%	-0.160	-0.439	0.0220	0.027	0.94	0.97
10.45	10.10	0.029	0.0242	-0.481	0.817	102.1%	50	126	10.27	112	1.14	803	465	99.3%	-0.183	-0.483	0.0242	0.029	1.11	1.16
9.50	9.35	0.032	0.0264	-0.526	0.792	98.8%	77	42	9.43	113	1.33	1,196	918	98.6%	-0.208	-0.528	0.0265	0.032	1.31	1.34
8.70	8.55	0.034	0.0286	-0.571	0.764	98.0%	129	117	8.63	114	1.54	2,554	975	97.7%	-0.236	-0.572	0.0286	0.034	1.52	1.57
8.05	7.85	0.036	0.0306	-0.613	0.734	97.2%	581	306	7.95	115	1.79	3,473	5,826	97.0%	-0.267	-0.615	0.0307	0.036	1.77	1.82
7.25	7.10	0.038	0.0325	-0.652	0.701	96.8%	196	118	7.17	116	2.08	926	1,590	96.5%	-0.299	-0.654	0.0326	0.038	2.06	2.11
6.60	6.45	0.040	0.0342	-0.687	0.667	96.3%	568	225	6.53	117	2.41	3,962	1,076	96.1%	-0.333	-0.689	0.0343	0.040	2.37	2.45
5.95	5.80	0.042	0.0356	-0.716	0.632	95.4%	816	207	5.88	118	2.77	547	646	95.5%	-0.369	-0.718	0.0357	0.042	2.72	2.81
5.35	5.20	0.043	0.0367	-0.738	0.595	96.2%	1,113	259	5.28	119	3.17	626	1,445	95.3%	-0.405	-0.740	0.0368	0.043	3.10	3.25
4.80	4.65	0.043	0.0375	-0.752	0.558	95.4%	2,138	622	4.72	120	3.63	2,142	4,523	95.1%	-0.443	-0.754	0.0376	0.043	3.55	3.70
4.25	4.15	0.044	0.0380	-0.758	0.520	94.9%	1,859	580	4.20	121	4.10	2,370	1,120	94.0%	-0.481	-0.760	0.0381	0.044	4.05	4.15
3.80	3.65	0.044	0.0381	-0.755	0.482	95.3%	1,918	983	3.72	122	4.63	655	1,207	94.4%	-0.519	-0.758	0.0382	0.044	4.55	4.70
3.30	3.25	0.043	0.0379	-0.745	0.445	94.2%	4,354	1,332	3.27	123	5.17	3,228	3,413	93.9%	-0.557	-0.747	0.0380	0.043	5.10	5.25
2.91	2.86	0.043	0.0373	-0.726	0.407	94.4%	1,558	815	2.88	124	5.75	783	572	94.3%	-0.594	-0.729	0.0374	0.043	5.65	5.85
2.54	2.50	0.042	0.0364	-0.700	0.371	94.2%	4,877	2,939	2.52	125	6.40	3,849	2,748	93.8%	-0.630	-0.703	0.0366	0.042	6.30	6.50
2.21	2.17	0.040	0.0352	-0.668	0.337	94.2%	2,116	1,619	2.19	126	7.08	1,139	153	93.7%	-0.665	-0.671	0.0354	0.040	6.95	7.20
1.92	1.88	0.038	0.0338	-0.631	0.303	93.8%	882	605	1.90	127	7.83	467	195	93.4%	-0.699	-0.633	0.0339	0.038	7.75	7.90
1.67	1.61	0.036	0.0321	-0.590	0.271	93.7%	1,598	1,019	1.64	128	8.50	1,896	353	93.5%	-0.730	-0.592	0.0322	0.036	8.40	8.60
1.42	1.39	0.034	0.0303	-0.546	0.242	93.7%	613	660	1.40	129	9.32	347	125	93.6%	-0.760	-0.548	0.0304	0.034	9.25	9.40
1.22	1.18	0.032	0.0283	-0.501	0.214	93.7%	6,008	3,475	1.20	130	10.13	2,350	355	92.9%	-0.788	-0.503	0.0284	0.032	10.05	10.20
1.05	1.01	0.030	0.0262	-0.456	0.189	93.6%	984	2,177	1.03	131	10.90	610	146	91.2%	-0.813	-0.457	0.0264	0.030	10.75	11.05
0.87	0.85	0.027	0.0242	-0.412	0.166	93.6%	2,137	16,527	0.86	132	11.75	289	53	91.1%	-0.837	-0.413	0.0242	0.027	11.60	11.90
0.75	0.72	0.025	0.0221	-0.370	0.145	93.8%	2,411	43,758	0.73	133	12.60	482	46	90.1%	-0.857	-0.370	0.0222	0.025	12.40	12.80
0.64	0.61	0.023	0.0200	-0.330	0.126	94.0%	596	7,858	0.63	134	13.43	313	43	86.8%	-0.876	-0.330	0.0201	0.022	13.15	13.70
0.55	0.51	0.021	0.0181	-0.293	0.110	94.3%	10,382	11,541	0.53	135	14.47	1,582	266	93.9%	-0.892	-0.293	0.0182	0.020	14.35	14.60
0.46	0.43	0.019	0.0163	-0.260	0.096	94.4%	476	5,561	0.45	136	15.22	407	24	83.5%	-0.907	-0.259	0.0163	0.018	14.60	15.85
0.40	0.36	0.017	0.0146	-0.230	0.083	95.0%	818	1,070	0.38	137	16.17	275	11	83.6%	-0.919	-0.228	0.0146	0.016	15.70	16.65
0.34	0.30	0.015	0.0130	-0.203	0.072	95.7%	1,510	18,671	0.32	138	17.23	107	22	91.5%	-0.930	-0.201	0.0130	0.015	16.70	17.75

amber OI or volume 3x the chain median / blue volume over 2x open interest on a busy strike / darker rows are in the money

How this is calculated: Options Chain methodology

EXPIRATION

NOV 13, 2026 CHAIN

OPTIONS CHAIN FOR OTHER TICKERS