Whales with a lot of money to spend have taken a noticeably bearish stance on MicroStrategy.
Looking at options history for MicroStrategy MSTR we detected 36 trades.
If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 69% with bearish.
From the overall spotted trades, 8 are puts, for a total amount of $324,465 and 28, calls, for a total amount of $2,278,544.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $200.0 to $1200.0 for MicroStrategy during the past quarter.
Volume & Open Interest Trends
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for MicroStrategy's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of MicroStrategy's whale activity within a strike price range from $200.0 to $1200.0 in the last 30 days.
MicroStrategy 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MSTR | CALL | SWEEP | BEARISH | 04/19/24 | $850.00 | $590.9K | 231 | 252 |
| MSTR | CALL | SWEEP | BULLISH | 12/19/25 | $1200.00 | $135.0K | 21 | 45 |
| MSTR | CALL | TRADE | BULLISH | 02/09/24 | $500.00 | $130.9K | 341 | 2 |
| MSTR | CALL | TRADE | BEARISH | 07/19/24 | $400.00 | $129.5K | 209 | 14 |
| MSTR | CALL | SWEEP | NEUTRAL | 07/19/24 | $400.00 | $123.4K | 209 | 29 |
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.
Following our analysis of the options activities associated with MicroStrategy, we pivot to a closer look at the company's own performance.
Current Position of MicroStrategy
- With a trading volume of 502,395, the price of MSTR is up by 6.62%, reaching $626.7.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 80 days from now.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest MicroStrategy options trades with real-time alerts from Benzinga Pro.
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