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

73.7%

125 strike

EXPECTED MOVE

$46.88

ATM straddle

MAX PAIN

$145.00

+17.6%

PUT/CALL VOLUME

1.36

334 / 246

APR 16, 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
76.80	70.25	0.069	0.0011	-0.003	0.962	90.8%			73.53	50	1.60	174		96.4%	-0.040	-0.021	0.0011	0.069	1.23	1.97
72.35	65.75	0.083	0.0014	-0.007	0.951	88.3%			69.05	55	2.12	58		93.8%	-0.051	-0.024	0.0014	0.084	1.61	2.62
67.90	61.35	0.100	0.0018	-0.012	0.938	85.5%	1	4	64.63	60	2.48	94	2	89.0%	-0.064	-0.028	0.0018	0.100	2.17	2.79
63.90	57.05	0.117	0.0021	-0.017	0.923	84.5%		24	60.47	65	3.08	111		86.2%	-0.080	-0.032	0.0022	0.118	2.72	3.45
59.50	52.95	0.136	0.0025	-0.023	0.905	81.8%	2	19	56.23	70	3.92	78	4	84.6%	-0.097	-0.036	0.0026	0.137	3.75	4.10
55.40	48.95	0.156	0.0030	-0.028	0.885	79.8%		1	52.17	75	4.83	267		82.6%	-0.118	-0.040	0.0030	0.157	4.40	5.25
51.80	45.15	0.177	0.0034	-0.034	0.863	79.3%		6	48.47	80	5.72	213	26	79.9%	-0.141	-0.045	0.0035	0.177	5.10	6.35
48.00	41.50	0.197	0.0039	-0.039	0.838	77.7%		3	44.75	85	7.30	83	2	80.3%	-0.166	-0.049	0.0039	0.198	6.80	7.80
44.45	38.05	0.217	0.0043	-0.044	0.811	76.6%		9	41.25	90	8.35	179	6	77.3%	-0.193	-0.053	0.0044	0.218	7.50	9.20
40.20	37.20	0.236	0.0048	-0.049	0.782	78.8%	1	2	38.70	95	10.55	124	1	78.8%	-0.222	-0.057	0.0048	0.237	10.00	11.10
36.85	34.10	0.253	0.0052	-0.053	0.752	77.3%		38	35.48	100	12.07	196	19	76.6%	-0.253	-0.060	0.0053	0.254	11.55	12.60
34.30	31.15	0.268	0.0056	-0.057	0.721	77.1%	1	8	32.72	105	14.10	173	78	75.8%	-0.285	-0.063	0.0057	0.270	13.55	14.65
31.60	28.65	0.282	0.0059	-0.061	0.689	76.7%	1	152	30.13	110	16.15	113	17	74.5%	-0.318	-0.066	0.0060	0.283	15.55	16.75
28.70	25.80	0.293	0.0062	-0.064	0.656	74.9%		83	27.25	115	18.55	137	34	73.9%	-0.351	-0.067	0.0063	0.294	17.50	19.60
26.80	24.15	0.302	0.0064	-0.066	0.623	76.2%	1	136	25.48	120	21.27	78	7	73.9%	-0.385	-0.069	0.0066	0.303	20.20	22.35
24.45	21.25	0.309	0.0066	-0.068	0.591	74.2%	4	211	22.85	125	24.02	264	16	73.3%	-0.418	-0.069	0.0068	0.309	23.45	24.60
21.35	19.95	0.314	0.0068	-0.069	0.558	73.1%	30	543	20.65	130	27.23	108	2	73.7%	-0.452	-0.070	0.0070	0.314	25.90	28.55
19.75	18.50	0.317	0.0068	-0.069	0.526	73.8%	24	181	19.13	135	30.05	142		72.4%	-0.485	-0.069	0.0071	0.315	28.40	31.70
18.65	16.15	0.317	0.0069	-0.070	0.495	73.3%	25	136	17.40	140	33.63	237		73.1%	-0.517	-0.069	0.0072	0.315	32.20	35.05
16.25	15.10	0.316	0.0069	-0.069	0.465	72.5%	1	127	15.68	145	36.92	596	1	72.4%	-0.548	-0.067	0.0072	0.313	36.20	37.65
14.85	13.80	0.313	0.0068	-0.069	0.436	72.4%	21	267	14.32	150	40.58	448	2	72.5%	-0.579	-0.066	0.0072	0.309	39.35	41.80
13.95	12.00	0.309	0.0068	-0.068	0.409	72.0%	8	91	12.97	155	44.65	98	1	73.5%	-0.608	-0.064	0.0071	0.303	43.50	45.80
12.40	11.65	0.303	0.0066	-0.067	0.383	72.5%	38	228	12.03	160	48.35	86		73.0%	-0.635	-0.062	0.0070	0.295	47.05	49.65
11.30	10.30	0.297	0.0065	-0.065	0.358	71.9%	10	158	10.80	165	52.23	122	50	72.7%	-0.662	-0.060	0.0070	0.288	50.85	53.60
10.45	9.40	0.289	0.0064	-0.064	0.335	72.1%	4	227	9.93	170	56.00	37		71.7%	-0.687	-0.057	0.0068	0.278	54.35	57.65
9.65	8.55	0.281	0.0062	-0.062	0.313	72.2%	4	135	9.10	175	60.40	33		72.7%	-0.711	-0.055	0.0067	0.268	59.00	61.80
8.85	7.90	0.273	0.0060	-0.060	0.292	72.4%	4	736	8.38	180	64.65	26	3	72.8%	-0.733	-0.052	0.0065	0.258	63.30	66.00
8.10	6.80	0.264	0.0058	-0.058	0.273	71.6%	8	149	7.45	185	68.70	13		71.8%	-0.754	-0.049	0.0064	0.246	66.65	70.75
7.45	6.45	0.255	0.0056	-0.057	0.255	72.2%	2	250	6.95	190	73.88	20		75.2%	-0.774	-0.046	0.0062	0.234	71.85	75.90
6.75	5.95	0.246	0.0054	-0.055	0.238	72.1%	4	329	6.35	195	78.25	123	2	75.2%	-0.792	-0.044	0.0060	0.222	76.10	80.40
6.20	5.70	0.236	0.0052	-0.053	0.222	72.7%	17	600	5.95	200	82.63	75	51	74.9%	-0.810	-0.041	0.0058	0.209	80.75	84.50

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

APR 16, 2027 CHAIN

OPTIONS CHAIN FOR OTHER TICKERS