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 43 trades.
If we consider the specifics of each trade, it is accurate to state that 44% of the investors opened trades with bullish expectations and 55% with bearish.
From the overall spotted trades, 12 are puts, for a total amount of $505,121 and 31, calls, for a total amount of $2,045,173.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $200.0 to $3800.0 for MicroStrategy over the recent three months.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for MicroStrategy options trades today is 121.66 with a total volume of 260.00.
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 $3800.0 over the last 30 days.
MicroStrategy 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MSTR | CALL | TRADE | BULLISH | 04/05/24 | $55.2 | $47.5 | $55.0 | $1650.00 | $247.5K | 265 | 48 |
| MSTR | CALL | TRADE | BEARISH | 01/17/25 | $595.0 | $587.5 | $587.5 | $1800.00 | $176.2K | 182 | 0 |
| MSTR | CALL | TRADE | BEARISH | 04/12/24 | $142.3 | $136.25 | $136.25 | $1600.00 | $136.2K | 125 | 13 |
| MSTR | CALL | TRADE | BULLISH | 01/16/26 | $1222.0 | $1204.0 | $1222.0 | $490.00 | $122.2K | 13 | 1 |
| MSTR | CALL | SWEEP | BEARISH | 04/12/24 | $81.95 | $75.0 | $75.0 | $1765.00 | $105.0K | 24 | 1 |
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 46,483, the price of MSTR is up by 0.08%, reaching $1580.1.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 26 days from now.
Professional Analyst Ratings for MicroStrategy
A total of 4 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $1657.5.
- An analyst from TD Cowen persists with their Outperform rating on MicroStrategy, maintaining a target price of $1560.
- Consistent in their evaluation, an analyst from Canaccord Genuity keeps a Buy rating on MicroStrategy with a target price of $1810.
- Reflecting concerns, an analyst from Canaccord Genuity lowers its rating to Buy with a new price target of $1810.
- Consistent in their evaluation, an analyst from TD Cowen keeps a Outperform rating on MicroStrategy with a target price of $1450.
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.
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