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

75.0%

125 strike

EXPECTED MOVE

$25.60

ATM straddle

MAX PAIN

$130.00

+5.4%

PUT/CALL VOLUME

0.48

401 / 836

DEC 24, 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
60.25	53.45	0.030	0.0016	-0.026	0.969	100.0%			56.85	65	0.77	22	1	112.5%	-0.032	-0.036	0.0016	0.030	0.01	1.53
55.50	49.15	0.037	0.0021	-0.034	0.959	103.6%			52.33	70	0.88	2	2	103.9%	-0.042	-0.043	0.0021	0.038	0.61	1.15
50.75	44.60	0.047	0.0027	-0.043	0.945	99.7%			47.67	75	1.09	9	5	97.8%	-0.056	-0.051	0.0027	0.047	0.97	1.22
46.10	39.95	0.058	0.0035	-0.054	0.927	94.5%			43.03	80	1.38	11		92.3%	-0.073	-0.061	0.0035	0.059	1.18	1.58
41.75	35.95	0.071	0.0045	-0.066	0.905	95.0%			38.85	85	2.10	110	112	92.2%	-0.096	-0.072	0.0045	0.071	1.62	2.58
37.00	31.45	0.086	0.0056	-0.079	0.876	87.7%			34.23	90	2.46	22	5	85.5%	-0.125	-0.084	0.0057	0.086	2.28	2.65
33.10	28.00	0.102	0.0069	-0.092	0.841	89.3%	2	2	30.55	95	3.27	17	20	82.7%	-0.161	-0.097	0.0069	0.102	3.00	3.55
27.55	24.40	0.118	0.0082	-0.105	0.798	80.7%	7	10	25.98	100	4.42	32	21	81.3%	-0.203	-0.110	0.0082	0.119	4.05	4.80
23.95	20.70	0.134	0.0095	-0.118	0.750	78.8%	1	6	22.32	105	6.13	26	13	82.1%	-0.252	-0.121	0.0095	0.134	5.35	6.90
22.10	16.75	0.147	0.0106	-0.128	0.695	80.2%		5	19.43	110	7.63	33	25	79.2%	-0.307	-0.131	0.0107	0.147	7.25	8.00
19.00	13.85	0.158	0.0116	-0.136	0.636	78.7%	1	1	16.43	115	9.85	115	114	79.4%	-0.366	-0.138	0.0117	0.158	9.35	10.35
14.30	12.25	0.165	0.0123	-0.140	0.575	74.6%	15	13	13.28	120	11.70	42	32	75.3%	-0.428	-0.142	0.0124	0.165	11.35	12.05
11.80	10.70	0.167	0.0126	-0.141	0.513	75.6%	50	48	11.25	125	14.35	26	7	74.4%	-0.491	-0.142	0.0128	0.167	13.85	14.85
9.70	8.45	0.166	0.0127	-0.139	0.452	73.9%	47	66	9.07	130	17.35	44	16	73.8%	-0.553	-0.139	0.0128	0.166	16.90	17.80
7.90	6.90	0.161	0.0124	-0.134	0.393	73.5%	42	83	7.40	135	19.85	33	2	68.2%	-0.613	-0.134	0.0126	0.161	17.75	21.95
6.55	5.20	0.153	0.0119	-0.127	0.338	72.4%	25	127	5.88	140	24.43	15	7	74.1%	-0.669	-0.126	0.0121	0.152	22.80	26.05
5.30	4.45	0.143	0.0111	-0.117	0.288	73.3%	24	17	4.88	145	27.63	24	2	69.3%	-0.720	-0.116	0.0114	0.141	25.20	30.05
4.10	3.55	0.131	0.0102	-0.107	0.243	72.4%	94	199	3.82	150	31.85	6		70.2%	-0.765	-0.105	0.0105	0.128	29.05	34.65
3.40	2.82	0.119	0.0093	-0.097	0.204	72.9%	15	37	3.11	155	37.13			78.7%	-0.805	-0.095	0.0096	0.115	34.30	39.95
2.75	2.40	0.107	0.0083	-0.087	0.171	73.7%	12	55	2.58	160	41.17	3		76.3%	-0.840	-0.084	0.0086	0.102	39.00	43.35
2.24	1.79	0.095	0.0073	-0.078	0.143	73.3%	19	48	2.02	165	45.08	6	3	69.8%	-0.869	-0.074	0.0077	0.088	43.70	46.45
1.74	1.44	0.084	0.0065	-0.069	0.120	73.2%	42	59	1.59	170	50.90	4		84.0%	-0.893	-0.065	0.0068	0.076	48.15	53.65
1.49	1.19	0.075	0.0057	-0.062	0.102	74.4%	193	190	1.34	175	54.92	1		77.1%	-0.913	-0.057	0.0060	0.066	51.50	58.35
1.22	1.01	0.066	0.0050	-0.055	0.086	75.2%	75	64	1.11	180	59.22	10		68.4%	-0.929	-0.049	0.0054	0.056	56.40	62.05
1.06	0.87	0.059	0.0044	-0.049	0.074	76.6%	79	81	0.97	185	64.60	1	14	80.2%	-0.943	-0.043	0.0048	0.047	61.25	67.95
0.88	0.44	0.052	0.0038	-0.045	0.064	74.4%	44	59	0.66	190	68.92	20		0.0%	-0.954	-0.038	0.0043	0.039	66.05	71.80
0.74	0.44	0.047	0.0034	-0.040	0.055	76.1%		24	0.59	195	74.38			83.1%	-0.963	-0.034	0.0039	0.032	71.00	77.75
0.73	0.49	0.042	0.0030	-0.037	0.048	79.7%	8	28	0.61	200	78.85	1		0.0%	-0.971	-0.031	0.0034	0.026	75.95	81.75

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

DEC 24, 2026 CHAIN

OPTIONS CHAIN FOR OTHER TICKERS