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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.

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
2026-10-02 239875 120870 360745 0.504
2026-10-09 51505 63694 115199 1.237
2026-10-16 174140 144880 319020 0.832
2026-10-23 20619 26107 46726 1.266
2026-10-30 14991 20453 35444 1.364
2026-11-06 2676 4395 7071 1.642
2026-11-20 94222 63811 158033 0.677
2026-12-18 163869 152824 316693 0.933
2027-01-15 250041 155241 405282 0.621
2027-03-19 38001 46839 84840 1.233
2027-04-16 4811 2691 7502 0.559
2027-06-17 83427 63711 147138 0.764
2027-09-17 29405 30421 59826 1.035
2027-12-17 86455 62197 148652 0.719
2028-01-21 86484 63830 150314 0.738
2028-06-16 23689 19615 43304 0.828
2028-12-15 109610 40403 150013 0.369
2029-01-19 3345 4031 7376 1.205

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.