Whales with a lot of money to spend have taken a noticeably bullish stance on MicroStrategy.
Looking at options history for MicroStrategy MSTR we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 37% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $285,146 and 4, calls, for a total amount of $252,348.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $220.0 to $350.0 for MicroStrategy over the last 3 months.
Volume & Open Interest Trends
Looking at the volume and open interest is a powerful move while trading options. 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 trades within a strike price range from $220.0 to $350.0 in the last 30 days.
MicroStrategy Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MSTR | PUT | SWEEP | BULLISH | 11/08/24 | $4.6 | $4.4 | $4.6 | $250.00 | $175.1K | 1.8K | 621 |
| MSTR | CALL | TRADE | BULLISH | 11/15/24 | $11.7 | $10.9 | $11.7 | $265.00 | $117.0K | 1.3K | 100 |
| MSTR | CALL | TRADE | NEUTRAL | 11/22/24 | $30.4 | $28.55 | $29.4 | $240.00 | $73.5K | 670 | 26 |
| MSTR | PUT | SWEEP | BULLISH | 11/08/24 | $5.0 | $4.8 | $4.8 | $250.00 | $48.0K | 1.8K | 19 |
| MSTR | CALL | SWEEP | BULLISH | 11/15/24 | $17.0 | $15.15 | $17.05 | $255.00 | $34.0K | 34.0K | 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.
In light of the recent options history for MicroStrategy, it's now appropriate to focus on the company itself. We aim to explore its current performance.
MicroStrategy's Current Market Status
- Trading volume stands at 933,239, with MSTR's price down by -0.63%, positioned at $256.18.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 89 days.
Expert Opinions on MicroStrategy
5 market experts have recently issued ratings for this stock, with a consensus target price of $272.0.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Maintaining their stance, an analyst from Benchmark continues to hold a Buy rating for MicroStrategy, targeting a price of $245. * An analyst from Barclays persists with their Overweight rating on MicroStrategy, maintaining a target price of $225. * An analyst from TD Cowen persists with their Buy rating on MicroStrategy, maintaining a target price of $300. * An analyst from Canaccord Genuity has decided to maintain their Buy rating on MicroStrategy, which currently sits at a price target of $300. * An analyst from Bernstein has decided to maintain their Outperform rating on MicroStrategy, which currently sits at a price target of $290.
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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