Investors with a lot of money to spend have taken a bullish stance on Strategy (NASDAQ:MSTR).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MSTR, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 180 uncommon options trades for Strategy.
This isn't normal.
The overall sentiment of these big-money traders is split between 35% bullish and 30%, bearish.
Out of all of the special options we uncovered, 134 are puts, for a total amount of $7,977,906, and 46 are calls, for a total amount of $3,872,294.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $0.5 and $1080.0 for Strategy, spanning the last three months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Strategy options trades today is 2956.05 with a total volume of 46,633.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Strategy's big money trades within a strike price range of $0.5 to $1080.0 over the last 30 days.
Strategy Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MSTR | PUT | TRADE | BEARISH | 01/16/26 | $63.35 | $63.0 | $63.35 | $350.00 | $190.0K | 2.3K | 87 |
| MSTR | PUT | TRADE | NEUTRAL | 10/24/25 | $111.05 | $109.05 | $110.13 | $420.00 | $121.1K | 1.1K | 193 |
| MSTR | PUT | TRADE | NEUTRAL | 10/24/25 | $110.1 | $108.35 | $109.14 | $420.00 | $120.0K | 1.1K | 276 |
| MSTR | PUT | TRADE | NEUTRAL | 10/24/25 | $109.6 | $108.25 | $109.04 | $420.00 | $119.9K | 1.1K | 221 |
| MSTR | PUT | TRADE | BEARISH | 10/24/25 | $102.75 | $101.05 | $102.2 | $410.00 | $112.4K | 1.4K | 214 |
About Strategy
Strategy Inc 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 provides industry AI-powered enterprise analytics software.
Current Position of Strategy
- Currently trading with a volume of 6,512,278, the MSTR's price is down by -4.7%, now at $300.63.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 16 days.
Professional Analyst Ratings for Strategy
In the last month, 2 experts released ratings on this stock with an average target price of $337.0.
Turn $1000 into $1270 in just 20 days?
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. * An analyst from TD Cowen has decided to maintain their Buy rating on Strategy, which currently sits at a price target of $620. * An analyst from Wells Fargo downgraded its action to Equal-Weight with a price target of $54.
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 Strategy, Benzinga Pro gives you real-time options trades alerts.
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