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MSTR Options Chain – 2026-02-20

Detailed MSTR options chain for 2026-02-20 – real-time call and put contracts with last price, bid/ask, volume, open interest, implied volatility, and in-the-money status.

Tip: Use this page together with the price chart, short-term prediction, and multi-expiry options overview to build a complete view of positioning and risk for MSTR.

MSTR Call Options — 2026-02-20 Expiration

This page focuses on a single options expiration date for MSTR – 2026-02-20 – and lists every available call and put contract in a clean chain view. Each row shows the contract symbol, last trade, bid/ask quotes, daily change, percentage change, trading volume, open interest, implied volatility (IV), and whether the option is currently in-the-money (ITM).

Traders often use a specific expiry’s options chain to identify key strike levels, unusual activity, and risk hedging behavior. High open interest around certain strikes or sudden spikes in volume can reveal where large traders and market makers are concentrating their positions for MSTR into 2026-02-20.

This MSTR 2026-02-20 options chain provides a complete strike-by-strike breakdown of pricing, liquidity and volatility. By comparing changes in volume, open interest distribution and IV across calls and puts, traders can understand where the market is positioning ahead of this specific expiration date.

MSTR Put Options — 2026-02-20 Expiration

The table below shows all call options on MSTR expiring on 2026-02-20. You can quickly compare strikes, pricing, liquidity (volume and open interest), and implied volatility to spot popular strike zones and potential directional bets.

Contract Strike Last Bid Ask Volume Open Int. Implied Vol ITM
MSTR 260220C00165000 165.00 16.65 16.15 16.65 121 25487 71.61%
MSTR 260220C00170000 170.00 14.8 14.3 14.7 64 8722 71.64%
MSTR 260220C00200000 200.00 6.42 6.25 6.6 577 5181 70.90%
MSTR 260220C00540000 540.00 0.29 0.17 0.27 2 4703 116.80%
MSTR 260220C00300000 300.00 1.02 0.97 1.03 175 4471 84.91%
MSTR 260220C00450000 450.00 0.37 0.24 0.5 1 3996 108.64%
MSTR 260220C00250000 250.00 1.97 1.95 2.04 129 3378 75.78%
MSTR 260220C00330000 330.00 0.75 0.7 0.79 1 2628 90.19%
MSTR 260220C00230000 230.00 2.95 2.95 3.1 25 2392 73.12%
MSTR 260220C00350000 350.00 0.63 0.56 0.66 28 2241 92.99%
MSTR 260220C00910000 910.00 0.06 0.02 0.11 92 2192 140.23%
MSTR 260220C00390000 390.00 0.49 0.4 0.49 5 1954 98.63%
MSTR 260220C00440000 440.00 0.41 0.28 0.49 1 1794 107.23%
MSTR 260220C00270000 270.00 1.4 1.41 1.52 170 1635 79.49%
MSTR 260220C00400000 400.00 0.42 0.4 0.49 38 1595 100.88%
MSTR 260220C00370000 370.00 0.52 0.47 0.57 3 1582 95.95%
MSTR 260220C00520000 520.00 0.33 0.16 0.51 9 1451 119.43%
MSTR 260220C00460000 460.00 0.3 0.26 0.46 1 1391 110.16%
MSTR 260220C00380000 380.00 0.52 0.43 0.52 37 1341 97.17%
MSTR 260220C00280000 280.00 1.29 1.21 1.32 8 1297 81.18%
MSTR 260220C00500000 500.00 0.26 0.23 0.42 3 1213 115.72%
MSTR 260220C00160000 160.00 18.95 18.5 19.2 40 1184 72.94%
MSTR 260220C00410000 410.00 0.46 0.34 0.51 87 981 102.44%
MSTR 260220C00240000 240.00 2.42 2.34 2.48 27 962 74.18%
MSTR 260220C00690000 690.00 0.45 0.04 0.42 10 961 136.52%
MSTR 260220C00220000 220.00 3.8 3.65 3.9 61 862 71.77%
MSTR 260220C00800000 800.00 0.13 0.01 0.39 11 856 145.70%
MSTR 260220C00290000 290.00 1.1 1.09 1.17 12 854 83.20%
MSTR 260220C00190000 190.00 8.5 8.3 8.5 97 760 70.64%
MSTR 260220C00180000 180.00 11.18 10.95 11.35 153 757 71.28%
MSTR 260220C00360000 360.00 0.7 0.5 0.64 13 755 94.68%
MSTR 260220C00310000 310.00 0.95 0.86 0.94 6 728 86.69%
MSTR 260220C00205000 205.00 5.55 5.4 5.75 234 723 70.85%
MSTR 260220C00750000 750.00 0.17 0.04 0.4 6 712 142.29%
MSTR 260220C00175000 175.00 12.58 12.5 12.9 30 660 71.33%
MSTR 260220C00420000 420.00 0.42 0.32 0.52 23 579 104.40%
MSTR 260220C00700000 700.00 0.5 0.03 0.42 1 569 137.31%
MSTR 260220C00275000 275.00 1.38 1.3 1.41 8 555 80.30%
MSTR 260220C00210000 210.00 4.91 4.75 5.05 80 530 71.19%
MSTR 260220C00880000 880.00 0.14 0.02 0.14 15 526 140.23%
MSTR 260220C00320000 320.00 0.8 0.76 0.86 16 523 88.33%
MSTR 260220C00340000 340.00 0.64 0.59 0.71 7 511 91.11%
MSTR 260220C00185000 185.00 9.7 9.55 9.9 21 491 71.08%
MSTR 260220C00600000 600.00 0.18 0.13 0.35 2 445 126.27%
MSTR 260220C00680000 680.00 0.22 0 0.43 1 410 134.47%
MSTR 260220C00630000 630.00 0.2 0.1 0.26 1 400 126.17%
MSTR 260220C00530000 530.00 0.19 0.18 0.28 2 378 115.82%
MSTR 260220C00430000 430.00 0.4 0.27 0.52 1 354 105.62%
MSTR 260220C00260000 260.00 1.64 1.6 1.81 18 346 77.71%
MSTR 260220C00900000 900.00 0.04 0.04 0.06 67 315 136.33%
MSTR 260220C00470000 470.00 0.36 0.29 0.62 3 308 115.33%
MSTR 260220C00245000 245.00 2.18 2.11 2.33 12 306 75.23%
MSTR 260220C00195000 195.00 7.32 7.15 7.45 73 276 70.54%
MSTR 260220C00550000 550.00 0.26 0.12 0.38 1 271 119.92%
MSTR 260220C00810000 810.00 0.18 0.01 0.28 1 248 141.99%
MSTR 260220C00650000 650.00 0.13 0.04 0.23 15 237 124.90%
MSTR 260220C00225000 225.00 3.3 3.3 3.5 9 225 72.61%
MSTR 260220C00480000 480.00 0.3 0.2 0.35 2 217 110.16%
MSTR 260220C00140000 140.00 30 29.9 30.8 2 206 77.13% ITM
MSTR 260220C00490000 490.00 0.75 0.25 0.5 8 183 116.06%
MSTR 260220C00150000 150.00 24.12 23.65 24.6 64 164 74.70% ITM
MSTR 260220C00790000 790.00 0.09 0 0.28 6 156 139.84%
MSTR 260220C00720000 720.00 0.37 0 0.41 2 152 138.09%
MSTR 260220C00780000 780.00 0.15 0 0.29 1 149 139.26%
MSTR 260220C00670000 670.00 0.28 0.02 0.43 10 142 133.98%
MSTR 260220C00215000 215.00 4.3 4.15 4.45 25 140 71.47%
MSTR 260220C00510000 510.00 0.35 0.16 0.4 4 123 115.33%
MSTR 260220C00130000 130.00 41.45 36.15 38 152 122 78.28% ITM
MSTR 260220C00050000 50.00 113.53 109 111.8 6 118 137.50% ITM
MSTR 260220C00235000 235.00 2.66 2.58 2.77 397 118 73.49%
MSTR 260220C00760000 760.00 0.28 0 0.4 1 114 141.89%
MSTR 260220C00570000 570.00 0.15 0.11 0.36 2 111 121.88%
MSTR 260220C00610000 610.00 0.19 0.08 0.24 1 104 122.27%
MSTR 260220C00265000 265.00 1.57 1.51 1.61 386 95 78.42%
MSTR 260220C00580000 580.00 0.6 0.1 0.27 1 87 120.12%
MSTR 260220C00100000 100.00 62 61.25 64.15 2 84 95.42% ITM
MSTR 260220C00560000 560.00 0.23 0.11 0.27 10 79 117.77%
MSTR 260220C00890000 890.00 0.2 0 0.37 5 77 152.44%
MSTR 260220C00740000 740.00 5.67 1.38 2.2 12 73 183.98%
MSTR 260220C00255000 255.00 1.77 1.75 1.95 5 73 76.83%
MSTR 260220C00830000 830.00 0.63 0 0.38 32 72 147.66%
MSTR 260220C00155000 155.00 20.6 20.9 21.5 32 72 73.07% ITM
MSTR 260220C00860000 860.00 0.08 0.02 0.27 6 65 146.48%
MSTR 260220C00590000 590.00 0.56 0.08 0.36 4 65 123.73%
MSTR 260220C00640000 640.00 0.56 0.05 0.33 3 63 128.13%
MSTR 260220C00710000 710.00 0.5 0 0.42 1 52 137.40%
MSTR 260220C00660000 660.00 0.04 0.03 0.44 11 51 133.40%
MSTR 260220C00770000 770.00 0.09 0 0.4 49 45 142.87%
MSTR 260220C00620000 620.00 0.5 0.06 0.34 1 45 126.37%
MSTR 260220C00850000 850.00 0.36 0 0.38 7 43 149.41%
MSTR 260220C00120000 120.00 45.05 44.2 46.6 2 42 84.91% ITM
MSTR 260220C00730000 730.00 0.58 0 0.41 1 31 139.16%
MSTR 260220C00870000 870.00 0.35 0 0.37 2 26 150.78%
MSTR 260220C00820000 820.00 1.1 0 0.38 2 21 146.88%
MSTR 260220C00110000 110.00 52.8 52.35 54.55 2 19 86.65% ITM
MSTR 260220C00145000 145.00 30.66 26.25 27.15 2 14 74.00% ITM
MSTR 260220C00135000 135.00 33.04 33.4 34.2 2 9 78.63% ITM
MSTR 260220C00125000 125.00 49.5 40.4 41.4 1 8 79.88% ITM
MSTR 260220C00840000 840.00 0.67 0 0.38 1 7 148.63%
MSTR 260220C00090000 90.00 98.9 70.85 73.55 1 5 106.03% ITM
MSTR 260220C00005000 5.00 159.5 153.55 156.55 1 4 606.25% ITM
MSTR 260220C00060000 60.00 126.35 99.3 101.75 5 4 123.34% ITM
MSTR 260220C00105000 105.00 63.99 56.75 59 1 2 89.29% ITM
MSTR 260220C00115000 115.00 72.83 48.45 50.25 1 2 85.79% ITM
MSTR 260220C00095000 95.00 93.5 66.2 68.85 0 2 101.64% ITM
MSTR 260220C00080000 80.00 113.5 80.3 82.55 0 1 111.28% ITM
MSTR 260220C00070000 70.00 90.1 89.9 92.3 1 1 122.56% ITM
MSTR 260220C00040000 40.00 154.05 118.75 122.1 2 0 164.45% ITM

MSTR Put Options Chain – 2026-02-20

The table below lists all put options on MSTR expiring on 2026-02-20. Use it to track downside protection demand, hedge activity, and deep out-of-the-money puts that may indicate tail-risk hedging or speculation.

Contract Strike Last Bid Ask Volume Open Int. Implied Vol ITM
MSTR 260220P00025000 25.00 0.14 0.05 0.62 2 8231 218.16%
MSTR 260220P00050000 50.00 0.31 0.31 0.51 1 3872 142.58%
MSTR 260220P00200000 200.00 45.28 44.95 45.9 27 2231 66.47% ITM
MSTR 260220P00250000 250.00 92 90.5 91.8 4 1932 68.07% ITM
MSTR 260220P00080000 80.00 1.07 1 1.08 13 1904 105.27%
MSTR 260220P00100000 100.00 2.13 2.12 2.23 154 1874 90.56%
MSTR 260220P00320000 320.00 159.9 159.45 161 65 1695 76.37% ITM
MSTR 260220P00220000 220.00 63.48 62.25 63.3 4 1679 65.89% ITM
MSTR 260220P00140000 140.00 9.63 9.3 9.65 92 1659 73.46%
MSTR 260220P00190000 190.00 37.25 37 37.75 26 1448 66.53% ITM
MSTR 260220P00280000 280.00 121.05 119.85 121.15 4 1446 70.63% ITM
MSTR 260220P00150000 150.00 13 13 13.3 37 1377 70.99%
MSTR 260220P00130000 130.00 6.62 6.5 6.75 52 1354 76.27%
MSTR 260220P00340000 340.00 175.55 179.5 180.85 3 1291 79.98% ITM
MSTR 260220P00170000 170.00 23.57 23.25 23.75 68 1284 68.07% ITM
MSTR 260220P00290000 290.00 131.15 129.75 131.15 1 1248 73.10% ITM
MSTR 260220P00180000 180.00 30.65 29.7 30.35 12 1237 67.08% ITM
MSTR 260220P00165000 165.00 20.5 20.6 20.75 105 1150 69.10% ITM
MSTR 260220P00195000 195.00 41.1 40.85 41.65 6 1039 66.11% ITM
MSTR 260220P00240000 240.00 82.4 80.85 82 2 1037 66.24% ITM
MSTR 260220P00350000 350.00 190.61 189.4 190.9 7 1017 81.45% ITM
MSTR 260220P00120000 120.00 4.6 4.5 4.6 9 961 79.83%
MSTR 260220P00105000 105.00 2.59 2.54 2.68 5 959 87.48%
MSTR 260220P00270000 270.00 110.83 110 111.35 6 925 70.04% ITM
MSTR 260220P00210000 210.00 55.05 53.4 54.25 2 913 65.71% ITM
MSTR 260220P00230000 230.00 72.2 71.45 72.55 6 892 66.09% ITM
MSTR 260220P00110000 110.00 3.27 3.05 3.25 19 778 84.77%
MSTR 260220P00160000 160.00 17.94 17.6 18.05 99 758 69.24% ITM
MSTR 260220P00300000 300.00 140.42 139.65 141.05 3 710 74.02% ITM
MSTR 260220P00175000 175.00 26.68 26.45 26.95 28 631 67.71% ITM
MSTR 260220P00185000 185.00 33.4 33.25 34.05 2 572 66.94% ITM
MSTR 260220P00145000 145.00 11.1 11 11.3 23 535 71.95%
MSTR 260220P00090000 90.00 1.6 1.42 1.55 1 477 97.07%
MSTR 260220P00260000 260.00 101.58 100.2 101.45 35 469 68.31% ITM
MSTR 260220P00010000 10.00 0.1 0.01 0.18 276 466 279.69%
MSTR 260220P00330000 330.00 164.98 169.5 171 183 451 79.98% ITM
MSTR 260220P00070000 70.00 0.72 0.64 0.77 5 419 114.06%
MSTR 260220P00020000 20.00 0.12 0.04 0.12 10 380 203.13%
MSTR 260220P00060000 60.00 0.5 0.45 0.53 1 318 125.10%
MSTR 260220P00115000 115.00 4.05 3.7 3.95 5 314 82.47%
MSTR 260220P00155000 155.00 15.5 15.15 15.65 177 271 70.19%
MSTR 260220P00310000 310.00 144.73 148.95 151.9 4 270 79.00% ITM
MSTR 260220P00125000 125.00 5.57 5.4 5.7 11 268 78.25%
MSTR 260220P00235000 235.00 72.63 75.55 77.85 201 250 66.25% ITM
MSTR 260220P00035000 35.00 0.22 0.05 0.49 48 232 173.24%
MSTR 260220P00045000 45.00 0.29 0.16 0.36 36 203 144.63%
MSTR 260220P00370000 370.00 208.66 209.45 211 16 182 89.36% ITM
MSTR 260220P00135000 135.00 8.1 7.75 8.15 16 164 74.80%
MSTR 260220P00380000 380.00 215.27 218.7 221.7 1270 154 90.67% ITM
MSTR 260220P00015000 15.00 0.05 0.01 0.49 3 138 268.75%
MSTR 260220P00040000 40.00 0.22 0.07 0.53 121 135 160.74%
MSTR 260220P00085000 85.00 1.07 1.13 1.34 65 131 100.88%
MSTR 260220P00360000 360.00 195 198.7 201.7 6 129 85.94% ITM
MSTR 260220P00245000 245.00 86.34 85.1 87.45 1 88 67.11% ITM
MSTR 260220P00095000 95.00 1.9 1.75 1.86 52 87 93.80%
MSTR 260220P00005000 5.00 0.02 0 0.05 17 84 309.38%
MSTR 260220P00215000 215.00 57.07 57.55 58.9 2 49 65.59% ITM
MSTR 260220P00225000 225.00 67.59 66.35 68.4 2 46 66.13% ITM
MSTR 260220P00205000 205.00 49.93 48.85 50.15 1 44 65.74% ITM
MSTR 260220P00275000 275.00 106.48 114.35 116.1 1 43 62.35% ITM
MSTR 260220P00030000 30.00 0.12 0 0.46 22 41 186.33%
MSTR 260220P00255000 255.00 92.11 94.9 97.15 1 17 68.82% ITM
MSTR 260220P00480000 480.00 152.75 181.75 184.3 8 10 0.00% ITM
MSTR 260220P00075000 75.00 0.83 0.8 0.93 18 8 109.72%
MSTR 260220P00265000 265.00 103.2 104.75 106.65 1 2 68.48% ITM
MSTR 260220P00540000 540.00 186.26 232.75 236.65 2 2 0.00% ITM
MSTR 260220P00500000 500.00 332.63 338.75 341.25 1 1 100.00% ITM
MSTR 260220P00750000 750.00 347.9 439.2 443.1 2 1 0.00% ITM
MSTR 260220P00560000 560.00 224.9 257.6 260.75 2 1 0.00% ITM
MSTR 260220P00680000 680.00 423.6 496.65 500.55 6 0 0.00% ITM
MSTR 260220P00900000 900.00 542.02 587.55 594.85 3 0 0.00% ITM
MSTR 260220P00660000 660.00 432.05 498.75 501.25 2 0 120.70% ITM
MSTR 260220P00630000 630.00 397.5 468.75 471.25 1 0 117.19% ITM
MSTR 260220P00620000 620.00 386.28 458.75 461.7 2 0 132.62% ITM
MSTR 260220P00600000 600.00 360.17 438.75 441.6 7 0 127.34% ITM
MSTR 260220P00580000 580.00 277.1 405.9 410.1 0 0 0.00% ITM
MSTR 260220P00700000 700.00 365.27 389.4 393.35 1 0 0.00% ITM
MSTR 260220P00550000 550.00 233.49 368.95 373.15 1 0 0.00% ITM
MSTR 260220P00720000 720.00 307.1 409.3 413.25 0 0 0.00% ITM
MSTR 260220P00530000 530.00 227.49 349.35 353.3 0 0 0.00% ITM
MSTR 260220P00520000 520.00 277.15 358.75 361.25 1 0 102.93% ITM
MSTR 260220P00510000 510.00 183.85 0 0 1 0 0.00% ITM
MSTR 260220P00670000 670.00 430.6 508.75 511.65 2 0 137.50% ITM
MSTR 260220P00490000 490.00 198.7 308.95 313.35 1 0 0.00% ITM
MSTR 260220P00470000 470.00 261 308.75 311.25 8 0 95.31% ITM
MSTR 260220P00460000 460.00 198.52 276.75 280.65 2 0 0.00% ITM
MSTR 260220P00450000 450.00 264.16 288.75 291.25 1 0 91.99% ITM
MSTR 260220P00440000 440.00 264.33 278.7 281.25 1 0 87.11% ITM
MSTR 260220P00430000 430.00 257.5 268.95 271.25 20 0 96.19% ITM
MSTR 260220P00420000 420.00 245 258.7 261.25 1 0 83.59% ITM
MSTR 260220P00650000 650.00 418 488.75 491.65 1 0 135.06% ITM
MSTR 260220P00410000 410.00 227.21 248.7 251.25 3 0 81.84% ITM
MSTR 260220P00640000 640.00 406.75 478.75 481.65 0 0 133.89% ITM
MSTR 260220P00400000 400.00 240.75 238.7 241.25 405 0 79.88% ITM
MSTR 260220P00390000 390.00 227.68 228.7 231.7 74 0 92.92% ITM

MSTR 2026-02-20 Options Chain FAQ

1. What does this MSTR options chain for 2026-02-20 show?

This page displays the full MSTR options chain for contracts expiring on 2026-02-20. Both call and put tables include contract symbols, last trade price, bid/ask quotes, daily change and percentage change, trading volume, open interest, implied volatility, and an in-the-money (ITM) flag. It is designed to give you a complete snapshot of how the market is pricing risk and direction for this specific expiry.

2. How can I use this MSTR options chain around key events?

Around earnings, macro data releases, or company-specific news, traders often focus on a single expiration such as 2026-02-20. By monitoring changes in implied volatility, volume, and open interest for each strike, you can see where traders are concentrating their bets and hedges. Large shifts in activity on out-of-the-money calls or puts can be early signs of expected volatility or directional moves in MSTR.

3. What is the difference between in-the-money and out-of-the-money options here?

The ITM column highlights whether a contract is currently in-the-money for MSTR: call options are ITM when their strike is below the current stock price, while put options are ITM when their strike is above the current stock price. ITM contracts have intrinsic value, while out-of-the-money options are purely time and volatility value. This distinction helps you quickly identify which strikes are already “in the money” for this expiry.

4. How should I read implied volatility (IV) in this MSTR options table?

Implied volatility reflects how much movement the market expects for MSTR between now and 2026-02-20. Higher IV typically means options are more expensive and the market is pricing in larger potential moves. You can compare IV across strikes and between calls and puts to identify skew – for example, expensive downside puts may indicate demand for crash protection, while rich upside calls can signal speculative interest.

5. Can this single-expiry chain replace a full multi-expiry options overview?

No. This 2026-02-20 options chain gives a granular view for one maturity only. For a complete picture of positioning in MSTR, you should also review the multi-expiry options overview where you can compare put/call ratios, total open interest and volume across different expiration dates. Combining both perspectives helps you understand whether traders are focused on very short-term moves or longer-dated themes.

6. How often is this MSTR options chain for 2026-02-20 updated?

The MSTR options data on this page is refreshed regularly during market hours to reflect the latest trades, mid-market quotes, and open interest updates. Intraday changes in volume, open interest, and implied volatility can provide important signals about how sentiment and risk pricing are evolving as 2026-02-20 approaches.