27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Whales with a lot of money to spend have taken a noticeably bearish stance on MicroStrategy.
Looking at options history for MicroStrategy (NASDAQ:MSTR) we detected 230 trades.
If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 43% with bearish.
From the overall spotted trades, 149 are puts, for a total amount of $9,085,698 and 81, calls, for a total amount of $7,217,904.
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 $500.0 and $3800.0 for MicroStrategy, spanning the last three months.
Insights into Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
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 activity within a strike price range from $500.0 to $3800.0 in the last 30 days.
MicroStrategy Option Volume And Open Interest Over Last 30 Days
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 | SWEEP | NEUTRAL | 05/17/24 | $300.8 | $288.25 | $294.53 | $1300.00 | $147.2K | 207 | 50 |
| MSTR | PUT | SWEEP | NEUTRAL | 05/17/24 | $213.95 | $207.35 | $210.65 | $1200.00 | $105.3K | 283 | 52 |
| MSTR | CALL | TRADE | BEARISH | 06/18/26 | $502.0 | $496.0 | $496.0 | $1250.00 | $99.2K | 12 | 2 |
| MSTR | PUT | SWEEP | BEARISH | 05/03/24 | $29.6 | $28.0 | $29.6 | $1010.00 | $88.8K | 58 | 93 |
| MSTR | PUT | TRADE | BEARISH | 06/18/26 | $623.75 | $610.0 | $621.12 | $1250.00 | $62.1K | 15 | 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.
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.
Current Position of MicroStrategy
- With a volume of 1,004,141, the price of MSTR is down -3.55% at $1027.27.
- RSI indicators hint that the underlying stock may be oversold.
- Next earnings are expected to be released in 90 days.
What The Experts Say On MicroStrategy
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $1803.0.
- An analyst from Benchmark has revised its rating downward to Buy, adjusting the price target to $1875.
- Consistent in their evaluation, an analyst from Canaccord Genuity keeps a Buy rating on MicroStrategy with a target price of $1590.
- Consistent in their evaluation, an analyst from Benchmark keeps a Buy rating on MicroStrategy with a target price of $1875.
- An analyst from Benchmark has revised its rating downward to Buy, adjusting the price target to $1875.
- Maintaining their stance, an analyst from BTIG continues to hold a Buy rating for MicroStrategy, targeting a price of $1800.
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.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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