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
2026-08-21	335251	244579	579830	0.730
2026-08-28	27397	71232	98629	2.600
2026-09-04	18746	44635	63381	2.381
2026-09-11	7496	21388	28884	2.853
2026-09-18	223681	139068	362749	0.622
2026-09-25	3895	4810	8705	1.235
2026-10-02	401	1763	2164	4.397
2026-10-16	103838	80721	184559	0.777
2026-11-20	24315	39312	63627	1.617
2026-12-18	118303	135609	253912	1.146
2027-01-15	231643	138380	370023	0.597
2027-03-19	24338	24549	48887	1.009
2027-06-17	61294	61370	122664	1.001
2027-09-17	20501	25925	46426	1.265
2027-12-17	60763	54748	115511	0.901
2028-01-21	71602	53801	125403	0.751
2028-06-16	18575	11204	29779	0.603
2028-12-15	153263	15968	169231	0.104
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.