Looking At MicroStrategy's Recent Unusual Options Activity

Looking At MicroStrategy's Recent Unusual Options Activity

A whale with a lot of money to spend has taken a noticeably bearish stance on MicroStrategy.

Looking at options history for MicroStrategy MSTR we detected 20 strange trades.

If we consider the specifics of each trade, it is accurate to state that 45% of the investors opened trades with bullish expectations and 55% with bearish.

From the overall spotted trades, 14 are puts, for a total amount of $1,234,535 and 6, calls, for a total amount of $392,267.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $100.0 to $1500.0 for MicroStrategy over the last 3 months.

Volume & Open Interest Development

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 $100.0 to $1500.0 in the last 30 days.

MicroStrategy Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

 

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
MSTR PUT TRADE BEARISH 01/20/23 $300.00 $231.0K 1.4K 1
MSTR PUT SWEEP BULLISH 12/16/22 $180.00 $190.0K 4.7K 424
MSTR PUT SWEEP BULLISH 12/16/22 $180.00 $190.0K 4.7K 224
MSTR PUT TRADE BEARISH 01/20/23 $1500.00 $131.0K 2 1
MSTR CALL TRADE BEARISH 07/21/23 $190.00 $100.0K 0 25

Where Is MicroStrategy Standing Right Now?

  • With a volume of 184,593, the price of MSTR is down -1.71% at $192.32.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 56 days.

What The Experts Say On MicroStrategy:

  • Jefferies has decided to maintain their Underperform rating on MicroStrategy, which currently sits at a price target of $140.

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.

Posted In: BZI-UOAOptionsMarkets