Whales with a lot of money to spend have taken a noticeably bullish stance on MicroStrategy.
Looking at options history for MicroStrategy (NASDAQ:MSTR) we detected 88 trades.
If we consider the specifics of each trade, it is accurate to state that 48% of the investors opened trades with bullish expectations and 36% with bearish.
From the overall spotted trades, 26 are puts, for a total amount of $1,841,443 and 62, calls, for a total amount of $6,438,966.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $750.0 to $3800.0 for MicroStrategy over the recent three months.
Volume & Open Interest Trends
In today's trading context, the average open interest for options of MicroStrategy stands at 161.82, with a total volume reaching 3,242.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in MicroStrategy, situated within the strike price corridor from $750.0 to $3800.0, throughout the last 30 days.
MicroStrategy 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MSTR | PUT | TRADE | BULLISH | 01/17/25 | $657.1 | $650.0 | $650.0 | $2000.00 | $325.0K | 99 | 5 |
| MSTR | CALL | TRADE | BEARISH | 10/18/24 | $272.3 | $256.45 | $262.0 | $1700.00 | $262.0K | 140 | 10 |
| MSTR | CALL | SWEEP | BULLISH | 08/02/24 | $42.5 | $42.5 | $42.5 | $1700.00 | $187.0K | 803 | 465 |
| MSTR | PUT | TRADE | NEUTRAL | 08/23/24 | $140.4 | $130.75 | $135.1 | $1620.00 | $148.6K | 10 | 11 |
| MSTR | CALL | TRADE | BULLISH | 01/17/25 | $329.4 | $316.5 | $327.0 | $2000.00 | $98.1K | 1.1K | 10 |
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.
Present Market Standing of MicroStrategy
- Currently trading with a volume of 212,246, the MSTR's price is down by -3.05%, now at $1633.41.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 2 days.
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