Looking At MicroStrategy's Recent Unusual Options Activity

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 33% of the investors opened trades with bullish expectations and 44% with bearish.

From the overall spotted trades, 11 are puts, for a total amount of $1,273,721 and 25, calls, for a total amount of $1,159,232.

What's The Price Target?

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $5.0 and $1080.0 for MicroStrategy, spanning the last three months.

Volume & Open Interest Development

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in MicroStrategy's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to MicroStrategy's substantial trades, within a strike price spectrum from $5.0 to $1080.0 over the preceding 30 days.

MicroStrategy Call and Put Volume: 30-Day Overview

Biggest Options Spotted:

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.

Having examined the options trading patterns of MicroStrategy, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Present Market Standing of MicroStrategy

• With a volume of 2,749,351, the price of MSTR is up 2.76% at $375.42.
• RSI indicators hint that the underlying stock may be approaching overbought.
• Next earnings are expected to be released in 56 days.

Expert Opinions on MicroStrategy

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $531.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Consistent in their evaluation, an analyst from Benchmark keeps a Buy rating on MicroStrategy with a target price of $450. * Maintaining their stance, an analyst from Canaccord Genuity continues to hold a Buy rating for MicroStrategy, targeting a price of $510. * Maintaining their stance, an analyst from Bernstein continues to hold a Outperform rating for MicroStrategy, targeting a price of $600. * An analyst from TD Cowen persists with their Buy rating on MicroStrategy, maintaining a target price of $525. * An analyst from BTIG persists with their Buy rating on MicroStrategy, maintaining a target price of $570.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for MicroStrategy with Benzinga Pro for real-time alerts.