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
2025-12-26	279348	112831	392179	0.404
2026-01-02	75677	67306	142983	0.889
2026-01-09	16196	29562	45758	1.825
2026-01-16	394224	254964	649188	0.647
2026-01-23	11300	8239	19539	0.729
2026-01-30	9251	7317	16568	0.791
2026-02-20	104856	54886	159742	0.523
2026-03-20	105290	81286	186576	0.772
2026-04-17	30058	26238	56296	0.873
2026-05-15	21061	19270	40331	0.915
2026-06-18	124402	114111	238513	0.917
2026-07-17	3989	4556	8545	1.142
2026-08-21	7200	9616	16816	1.336
2026-09-18	18198	19673	37871	1.081
2026-12-18	30434	45900	76334	1.508
2027-01-15	92421	72316	164737	0.782
2027-06-17	18370	32990	51360	1.796
2027-09-17	4809	5621	10430	1.169
2027-12-17	31421	45388	76809	1.445
2028-01-21	28229	28694	56923	1.016
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.