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

73.9%

125 strike

EXPECTED MOVE

$30.83

ATM straddle

MAX PAIN

$150.00

+21.6%

PUT/CALL VOLUME

0.42

4,217 / 9,981

JAN 15, 2027 CHAIN

CALLS											PUTS
Ask	Bid	Vega	Gamma	Theta	Delta	IV	Vol	OI	Mid	Strike	Mid	OI	Vol	IV	Delta	Theta	Gamma	Vega	Bid	Ask
75.20	69.35	0.024	0.0008	-0.012	0.982	123.2%		688	72.28	50	0.51	12,090	81	115.8%	-0.019	-0.020	0.0008	0.024	0.38	0.64
70.40	65.10	0.030	0.0010	-0.017	0.976	123.0%		155	67.75	55	0.65	1,089	1	109.5%	-0.025	-0.024	0.0011	0.030	0.51	0.79
65.65	60.20	0.038	0.0014	-0.022	0.968	114.1%		174	62.93	60	0.82	3,375	7	103.7%	-0.033	-0.029	0.0014	0.038	0.67	0.98
59.50	55.30	0.047	0.0018	-0.028	0.958	90.4%	13	272	57.40	65	1.06	938	188	98.5%	-0.044	-0.035	0.0018	0.048	0.91	1.21
56.00	50.90	0.058	0.0023	-0.035	0.945	100.0%		349	53.45	70	1.35	4,824	30	94.2%	-0.057	-0.041	0.0023	0.059	1.20	1.51
51.55	45.30	0.071	0.0030	-0.043	0.928	88.9%		87	48.42	75	1.67	2,550	19	89.2%	-0.073	-0.048	0.0030	0.071	1.54	1.80
47.25	41.40	0.086	0.0037	-0.051	0.908	89.9%	7	349	44.33	80	2.24	6,650	50	86.6%	-0.093	-0.056	0.0037	0.086	2.10	2.38
42.20	38.95	0.102	0.0045	-0.060	0.883	91.8%	1	260	40.58	85	2.92	1,321	104	83.9%	-0.118	-0.065	0.0046	0.102	2.78	3.05
38.65	35.10	0.119	0.0054	-0.070	0.853	91.7%		271	36.88	90	3.83	3,521	185	82.4%	-0.148	-0.074	0.0055	0.119	3.65	4.00
33.40	30.70	0.137	0.0064	-0.079	0.818	82.0%	22	419	32.05	95	4.95	3,592	31	80.7%	-0.184	-0.083	0.0064	0.137	4.75	5.15
28.60	27.90	0.154	0.0073	-0.089	0.778	79.3%	52	4,121	28.25	100	6.20	12,509	398	78.8%	-0.224	-0.092	0.0074	0.154	6.10	6.30
25.65	24.45	0.169	0.0082	-0.097	0.734	79.1%	50	637	25.05	105	7.83	1,665	61	77.8%	-0.269	-0.100	0.0083	0.170	7.60	8.05
22.55	21.30	0.183	0.0090	-0.104	0.687	77.8%	20	1,121	21.93	110	9.60	3,709	274	76.2%	-0.316	-0.106	0.0090	0.183	9.40	9.80
19.65	18.45	0.193	0.0096	-0.109	0.638	76.6%	21	616	19.05	115	11.75	2,584	86	75.4%	-0.366	-0.111	0.0097	0.194	11.50	12.00
16.60	16.10	0.201	0.0101	-0.112	0.587	75.1%	86	5,546	16.35	120	14.18	7,308	490	74.6%	-0.418	-0.114	0.0102	0.201	14.00	14.35
14.15	13.80	0.205	0.0104	-0.114	0.536	74.0%	2,293	2,115	13.98	125	16.85	2,326	402	73.9%	-0.469	-0.115	0.0105	0.205	16.60	17.10
12.20	11.95	0.205	0.0105	-0.113	0.485	73.7%	431	1,987	12.07	130	19.85	4,141	281	73.5%	-0.521	-0.114	0.0107	0.205	19.65	20.05
10.45	10.00	0.203	0.0104	-0.111	0.436	73.2%	132	1,139	10.22	135	23.05	1,717	83	73.0%	-0.571	-0.112	0.0106	0.202	22.70	23.40
8.75	8.50	0.198	0.0102	-0.108	0.390	73.0%	96	3,017	8.63	140	26.50	2,654	84	72.6%	-0.618	-0.108	0.0104	0.196	26.20	26.80
7.55	7.10	0.190	0.0098	-0.103	0.347	72.6%	183	1,196	7.32	145	30.18	2,268	80	72.4%	-0.663	-0.104	0.0101	0.187	29.85	30.50
6.30	6.10	0.181	0.0094	-0.098	0.307	72.3%	407	6,631	6.20	150	34.08	6,262	187	72.2%	-0.704	-0.098	0.0097	0.177	33.90	34.25
5.45	5.10	0.170	0.0088	-0.092	0.270	72.5%	663	4,166	5.28	155	38.08	2,414	122	72.0%	-0.742	-0.092	0.0092	0.166	37.65	38.50
4.55	4.25	0.159	0.0083	-0.086	0.237	72.1%	356	3,488	4.40	160	42.20	2,349	149	71.5%	-0.776	-0.085	0.0086	0.153	41.30	43.10
4.00	3.55	0.147	0.0076	-0.080	0.208	72.5%	97	1,915	3.77	165	46.55	2,223	273	71.6%	-0.806	-0.079	0.0080	0.140	45.25	47.85
3.40	3.00	0.136	0.0070	-0.074	0.182	72.7%	145	5,310	3.20	170	50.92	3,875	146	71.1%	-0.834	-0.072	0.0074	0.127	49.60	52.25
2.92	2.54	0.125	0.0064	-0.068	0.159	73.0%	32	5,522	2.73	175	55.33	1,179	83	69.8%	-0.858	-0.066	0.0069	0.114	53.70	56.95
2.41	2.10	0.114	0.0059	-0.062	0.140	72.6%	127	3,592	2.25	180	60.05	2,366	82	70.7%	-0.879	-0.060	0.0063	0.102	58.55	61.55
2.18	1.80	0.104	0.0053	-0.057	0.122	73.6%	44	1,402	1.99	185	64.85	797	13	71.9%	-0.897	-0.055	0.0058	0.089	62.30	67.40
1.83	1.60	0.096	0.0048	-0.052	0.108	74.0%	346	2,963	1.72	190	69.60	1,482	1	71.9%	-0.913	-0.050	0.0054	0.079	66.65	72.55
1.65	1.31	0.087	0.0044	-0.048	0.095	74.5%	33	2,485	1.48	195	74.42	1,227	9	72.4%	-0.927	-0.045	0.0049	0.070	72.00	76.85
1.43	1.15	0.080	0.0040	-0.044	0.085	75.0%	270	16,666	1.29	200	79.40	3,458	19	74.9%	-0.939	-0.042	0.0046	0.059	78.10	80.70

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

JAN 15, 2027 CHAIN

OPTIONS CHAIN FOR OTHER TICKERS