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
2026-02-06	155938	91637	247575	0.588
2026-02-13	214717	118855	333572	0.554
2026-02-20	228157	132751	360908	0.582
2026-02-27	18752	32213	50965	1.718
2026-03-06	7774	12040	19814	1.549
2026-03-13	6454	6058	12512	0.939
2026-03-20	268729	169327	438056	0.630
2026-03-27	302	598	900	1.980
2026-04-17	63800	48822	112622	0.765
2026-05-15	37930	31649	69579	0.834
2026-06-18	150354	165568	315922	1.101
2026-07-17	11738	16436	28174	1.400
2026-08-21	10679	25702	36381	2.407
2026-09-18	34068	41081	75149	1.206
2026-12-18	58182	73568	131750	1.264
2027-01-15	122722	99433	222155	0.810
2027-06-17	21177	43328	64505	2.046
2027-09-17	5768	7194	12962	1.247
2027-12-17	38275	49159	87434	1.284
2028-01-21	38893	45123	84016	1.160
2028-06-16	10015	4349	14364	0.434
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.