Financial giants have made a conspicuous bearish move on MicroStrategy. Our analysis of options history for MicroStrategy MSTR revealed 149 unusual trades.
Delving into the details, we found 39% of traders were bullish, while 60% showed bearish tendencies. Out of all the trades we spotted, 28 were puts, with a value of $3,029,165, and 121 were calls, valued at $11,313,911.
Predicted Price Range
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 $1450.0 for MicroStrategy during the past quarter.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for MicroStrategy options trades today is 194.05 with a total volume of 23,703.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for MicroStrategy's big money trades within a strike price range of $200.0 to $1450.0 over the last 30 days.
MicroStrategy Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MSTR | PUT | SWEEP | BULLISH | 06/21/24 | $970.00 | $1.3M | 0 | 106 |
| MSTR | CALL | TRADE | BULLISH | 06/21/24 | $700.00 | $345.0K | 305 | 15 |
| MSTR | CALL | TRADE | BULLISH | 06/21/24 | $1010.00 | $336.6K | 43 | 29 |
| MSTR | CALL | SWEEP | BULLISH | 01/16/26 | $730.00 | $263.1K | 9 | 5 |
| MSTR | CALL | SWEEP | NEUTRAL | 04/19/24 | $620.00 | $260.2K | 172 | 26 |
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.
MicroStrategy's Current Market Status
- Currently trading with a volume of 1,600,727, the MSTR's price is up by 9.89%, now at $957.99.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 61 days.
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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