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

75.8%

125 strike

EXPECTED MOVE

$21.83

ATM straddle

MAX PAIN

$160.00

+29.7%

PUT/CALL VOLUME

2.54

4,814 / 1,892

DEC 11, 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
74.65	67.95	0.010	0.0006	-0.015	0.989	116.0%			71.30	50	0.28	150		135.4%	-0.011	-0.023	0.0006	0.010	0.00	0.55
69.65	62.95	0.013	0.0008	-0.020	0.986	95.1%			66.30	55	0.39	31		144.8%	-0.015	-0.028	0.0008	0.013	0.00	0.78
64.65	58.10	0.017	0.0010	-0.026	0.981	101.3%			61.38	60	0.38	16		123.0%	-0.020	-0.034	0.0010	0.017	0.00	0.75
59.85	53.40	0.021	0.0014	-0.033	0.975	111.9%			56.63	65	0.42	452	457	119.0%	-0.026	-0.040	0.0014	0.021	0.37	0.48
55.05	48.70	0.026	0.0019	-0.041	0.967	111.0%			51.88	70	0.56	511	503	112.5%	-0.034	-0.047	0.0019	0.026	0.51	0.62
50.25	44.00	0.033	0.0025	-0.050	0.956	106.7%			47.13	75	0.76	600	616	106.6%	-0.044	-0.056	0.0025	0.033	0.60	0.91
45.50	39.20	0.041	0.0033	-0.060	0.942	100.0%			42.35	80	0.93	981	661	99.1%	-0.059	-0.066	0.0033	0.041	0.85	1.00
40.80	34.80	0.051	0.0043	-0.073	0.923	97.0%			37.80	85	1.29	999	565	95.1%	-0.078	-0.078	0.0043	0.051	1.17	1.42
36.30	30.10	0.063	0.0056	-0.088	0.897	91.1%			33.20	90	1.60	588	18	88.4%	-0.103	-0.092	0.0056	0.064	1.19	2.02
30.45	26.15	0.077	0.0071	-0.104	0.864	80.0%	3	3	28.30	95	2.42	106	11	87.6%	-0.137	-0.108	0.0071	0.078	1.80	3.05
27.85	22.10	0.092	0.0088	-0.122	0.821	86.9%		121	24.98	100	2.99	1,142	66	81.2%	-0.180	-0.125	0.0089	0.093	2.58	3.40
22.45	18.65	0.108	0.0106	-0.139	0.769	78.5%		1	20.55	105	4.22	85	70	80.0%	-0.233	-0.142	0.0106	0.108	3.50	4.95
18.35	16.10	0.121	0.0122	-0.154	0.708	78.4%	1	2	17.23	110	6.00	95	59	80.5%	-0.294	-0.157	0.0123	0.122	5.25	6.75
14.85	12.95	0.132	0.0135	-0.166	0.640	75.4%	340	336	13.90	115	7.40	89	49	75.4%	-0.362	-0.167	0.0136	0.132	6.85	7.95
11.95	11.30	0.139	0.0144	-0.172	0.568	77.6%	372	373	11.63	120	10.03	163	141	76.9%	-0.434	-0.173	0.0146	0.139	9.80	10.25
11.30	8.00	0.141	0.0148	-0.172	0.495	79.2%	85	117	9.65	125	12.18	534	190	72.4%	-0.508	-0.173	0.0150	0.141	11.45	12.90
8.05	6.65	0.138	0.0147	-0.167	0.424	76.0%	52	118	7.35	130	15.32	1,007	188	71.8%	-0.580	-0.168	0.0148	0.138	14.65	16.00
6.15	4.50	0.132	0.0141	-0.158	0.356	72.3%	78	213	5.33	135	18.40	1,147	162	69.1%	-0.648	-0.158	0.0143	0.131	17.20	19.60
4.65	3.95	0.122	0.0131	-0.145	0.295	73.9%	14	213	4.30	140	22.80	799	72	74.1%	-0.711	-0.145	0.0133	0.120	21.95	23.65
3.60	3.10	0.110	0.0119	-0.130	0.241	74.3%	54	199	3.35	145	26.42	416	75	70.4%	-0.765	-0.130	0.0121	0.108	24.20	28.65
2.67	2.43	0.097	0.0105	-0.115	0.195	74.3%	57	140	2.55	150	30.67	430	155	70.1%	-0.813	-0.114	0.0108	0.095	28.05	33.30
2.10	1.69	0.085	0.0091	-0.100	0.156	73.8%	31	197	1.90	155	34.50	825	175	60.3%	-0.852	-0.099	0.0094	0.081	32.40	36.60
1.64	1.25	0.073	0.0078	-0.086	0.125	74.2%	114	216	1.44	160	38.70	827	128	0.0%	-0.884	-0.084	0.0081	0.068	36.90	40.50
1.61	0.90	0.062	0.0066	-0.073	0.100	77.0%	8	95	1.26	165	44.90	829	212	78.6%	-0.910	-0.071	0.0069	0.057	41.55	48.25
0.91	0.75	0.053	0.0056	-0.063	0.081	74.8%	19	342	0.83	170	49.40	332	80	74.4%	-0.931	-0.061	0.0059	0.046	48.75	50.05
0.85	0.51	0.045	0.0047	-0.054	0.066	76.3%	27	138	0.68	175	53.80	305	80	0.0%	-0.947	-0.052	0.0051	0.038	51.10	56.50
0.85	0.39	0.039	0.0040	-0.047	0.054	79.4%	65	255	0.62	180	58.75	379	80	0.0%	-0.959	-0.045	0.0044	0.030	56.15	61.35
0.90	0.01	0.033	0.0034	-0.041	0.045	79.0%	10	136	0.46	185	64.10	98		78.5%	-0.969	-0.040	0.0038	0.024	60.95	67.25
0.55	0.30	0.029	0.0029	-0.036	0.038	81.9%	33	315	0.43	190	69.22	205		87.5%	-0.977	-0.035	0.0035	0.018	65.80	72.65
0.70	0.01	0.026	0.0025	-0.032	0.032	83.2%		239	0.35	195	74.28			93.3%	-0.984	-0.028	0.0031	0.014	70.95	77.60
0.65	0.11	0.023	0.0022	-0.029	0.028	87.7%	495	415	0.38	200	79.20	76	1	94.6%	-0.989	-0.025	0.0024	0.008	75.80	82.60

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

DEC 11, 2026 CHAIN

OPTIONS CHAIN FOR OTHER TICKERS