Financial giants have made a conspicuous bearish move on MicroStrategy. Our analysis of options history for MicroStrategy MSTR revealed 12 unusual trades.
Delving into the details, we found 33% of traders were bullish, while 66% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $137,102, and 9 were calls, valued at $857,521.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $380.0 to $600.0 for MicroStrategy over the last 3 months.
Insights into Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in MicroStrategy's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to MicroStrategy's substantial trades, within a strike price spectrum from $380.0 to $600.0 over the preceding 30 days.
MicroStrategy Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MSTR | CALL | TRADE | BULLISH | 12/19/25 | $400.00 | $396.0K | 146 | 0 |
| MSTR | CALL | SWEEP | BULLISH | 12/19/25 | $400.00 | $176.0K | 146 | 19 |
| MSTR | PUT | TRADE | BULLISH | 01/26/24 | $500.00 | $80.1K | 548 | 7 |
| MSTR | CALL | SWEEP | BEARISH | 02/16/24 | $520.00 | $51.4K | 38 | 1 |
| MSTR | CALL | TRADE | NEUTRAL | 03/15/24 | $460.00 | $50.1K | 3 | 0 |
About MicroStrategy
MicroStrategy Inc is a provider of enterprise analytics and mobility software. It offers MicroStrategy Analytics platform that delivers reports and dashboards and enables users to conduct ad hoc analysis and share insights through mobile devices or the Web; MicroStrategy Server, which provides analytical processing and job management. The company's reportable operating segment is engaged in the design, development, marketing, and sales of its software platform through licensing arrangements and cloud-based subscriptions and related services.
After a thorough review of the options trading surrounding MicroStrategy, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of MicroStrategy
- Currently trading with a volume of 64,951, the MSTR's price is down by -2.66%, now at $468.22.
- RSI readings suggest the stock is currently may be approaching oversold.
- Anticipated earnings release is in 15 days.
Professional Analyst Ratings for MicroStrategy
In the last month, 1 experts released ratings on this stock with an average target price of $791.0.
- An analyst from Canaccord Genuity persists with their Buy rating on MicroStrategy, maintaining a target price of $791.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for MicroStrategy, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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