Market Whales and Their Recent Bets on MSTR Options

Financial giants have made a conspicuous bearish move on Strategy. Our analysis of options history for Strategy MSTR revealed 76 unusual trades.

Delving into the details, we found 30% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 23 were puts, with a value of $2,171,016, and 53 were calls, valued at $5,059,119.

Projected Price Targets

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 $420.0 for Strategy during the past quarter.

Volume & Open Interest Development

In today's trading context, the average open interest for options of Strategy stands at 4626.13, with a total volume reaching 235,481.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Strategy, situated within the strike price corridor from $200.0 to $420.0, throughout the last 30 days.

Strategy Option Volume And Open Interest Over Last 30 Days

Noteworthy Options Activity:

About Strategy

Strategy is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provide industry AI-powered enterprise analytics software.

Following our analysis of the options activities associated with Strategy, we pivot to a closer look at the company's own performance.

Present Market Standing of Strategy

• With a volume of 5,235,880, the price of MSTR is up 2.52% at $282.08.
• RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
• Next earnings are expected to be released in 54 days.

What Analysts Are Saying About Strategy

A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $501.8.

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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. * Consistent in their evaluation, an analyst from Canaccord Genuity keeps a Buy rating on Strategy with a target price of $409. * Consistent in their evaluation, an analyst from Maxim Group keeps a Buy rating on Strategy with a target price of $500. * An analyst from Keefe, Bruyette & Woods downgraded its action to Outperform with a price target of $560. * Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on Strategy with a target price of $421. * Consistent in their evaluation, an analyst from Cantor Fitzgerald keeps a Overweight rating on Strategy with a target price of $619.

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 Strategy options trades with real-time alerts from Benzinga Pro.