MSTR Options Chain by Expiration – Open Interest & Put/Call Ratio

Explore the MSTR options chain aggregated by expiration date, with call and put open interest, total OI and put/call ratios. Use this overview to spot where options positioning is most concentrated and which expirations carry bullish, bearish or neutral sentiment for MSTR.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from MSTR Options by Expiration Date

The table below aggregates MSTR options data by expiration date, including call volume, put volume, total open interest and the put/call ratio. Each row is assigned a sentiment label and numerical sentiment score, highlighting expirations where positioning is extremely bullish, defensive or balanced. Click on an expiration date to drill down into the detailed options chain for that maturity.

Expiration Date	Call OI	Put OI	Total Open Interest	Put/Call Ratio
2026-03-27	246757	143982	390739	0.583
2026-04-02	32986	60079	93065	1.821
2026-04-10	16237	36271	52508	2.234
2026-04-17	176014	134618	310632	0.765
2026-04-24	9198	10411	19609	1.132
2026-05-01	6579	3794	10373	0.577
2026-05-15	102623	59921	162544	0.584
2026-06-18	168326	188140	356466	1.118
2026-07-17	21550	26893	48443	1.248
2026-08-21	21869	29860	51729	1.365
2026-09-18	50390	46942	97332	0.932
2026-10-16	3163	4752	7915	1.502
2026-12-18	70098	77095	147193	1.100
2027-01-15	142761	110327	253088	0.773
2027-03-19	79	0	79	0.000
2027-06-17	26834	44844	71678	1.671
2027-09-17	8085	8893	16978	1.100
2027-12-17	42892	52976	95868	1.235
2028-01-21	48097	48355	96452	1.005
2028-06-16	11359	7179	18538	0.632
2028-12-15	7216	2258	9474	0.313
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for MSTR based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Compares put and call activity. A higher PCR usually indicates more defensive or bearish positioning, while a lower PCR suggests bullish call demand. Open Interest (OI): Represents the number of outstanding option contracts. Higher open interest reflects strong market attention, hedging activity or speculative positioning around MSTR. Unusual activity ⚠️: Expirations with extreme PCR or unusually high OI are flagged with a warning icon, signaling concentrated bets, hedging pressure or potential event-driven risk. The sentiment score combines PCR and OI into a 0–100 scale, then classifies each expiration into intuitive labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Higher scores reflect more aggressive bullish positioning in MSTR options, while lower scores highlight more defensive or bearish structures.