MSTR Options History — August 2022

In August 2022, MSTR traded between $23.32 and $35.20. ATM implied volatility averaged 103.9%, placing in the 25.6% IV rank vs the trailing year. The 30-day expected move averaged 29.6%. IV traded above realized volatility by 6.2% (HV 20d: 97.7%). Max pain ranged from $25.00 to $34.00. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 1.22.

Notable Days

  • 2022-08-03: Highest Volume — 307,110 contracts
  • 2022-08-19: Largest IV spike — 10.1% change
  • 2022-08-01: Highest IV Rank — 33.5%
  • 2022-08-01: Largest Expected Move — 34.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.77$23.32$35.20$27.59$23.32
Max Pain$29.93$25.00$34.00$25.00$29.00
ATM IV103.9%93.4%116.1%116.1%109.4%
Expected Move29.6%26.7%34.7%34.7%30.9%
HV 20d97.7%76.6%116.3%114.9%76.6%
HV 60d129.6%119.2%158.0%158.0%119.2%
IV Rank25.6%19.0%33.5%33.5%29.2%
IV Percentile74.1%67.9%79.4%79.4%76.6%
Term Structure-0.7%-3.5%3.2%-3.5%-1.4%
VWIV107.5%94.3%128.9%128.9%119.2%
Skew 25d12.7%9.2%19.8%17.7%19.8%
Skew 10d25.1%16.1%41.2%34.5%41.2%
Call IV 25d98.9%90.8%107.3%107.3%100.9%
Put IV 25d111.5%100.0%125.0%125.0%120.7%
Bid-Ask Spread %22.7214.2631.0618.8630.73
Gamma HHI0.050.020.180.030.03
Net GEX1.5M-7.3M10.0M1.6M-4.1M
Net DEX-103.4M-409.0M231.2M-99.5M231.2M
Net VEX-3.3M-3.8M-2.6M-3.1M-2.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.220.612.241.132.24
Total Volume147,193.04359,820307,110153,240300,150
Total OI1,202,142.6091,046,7001,304,7301,127,6201,207,910

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$27.59$25.00116.1%34.7%114.9%33.5%128.9%17.7%-3.5%1.6M-99.5M-3.1M1.1318.86N/AN/A72,06081,180558,290569,330
2022-08-02$27.87$25.00112.9%34.1%110.3%31.4%127.4%19.2%-1.8%1.3M-102.8M-3.1M1.1420.20N/AN/A79,36090,140564,820595,720
2022-08-03$31.54$25.00109.7%32.5%116.3%29.4%117.8%12.7%-3.0%5.9M-330.8M-3.5M0.8822.05N/AN/A163,600143,510587,570624,330
2022-08-04$30.82$28.00108.3%30.1%110.4%28.5%102.7%14.0%-2.9%4.6M-239.0M-3.4M0.9214.69N/AN/A101,18093,240609,600664,380
2022-08-05$31.82$28.00107.7%30.0%110.5%28.1%109.0%14.5%-3.3%6.7M-287.1M-3.5M0.9416.78N/AN/A116,940110,070613,290677,550
2022-08-08$33.01$29.00109.2%30.6%101.2%29.0%111.7%12.4%-2.3%3.4M-298.0M-3.6M1.2115.79N/AN/A79,48096,150562,930590,540
2022-08-09$31.83$30.00107.2%30.5%99.9%27.8%112.8%10.8%-0.5%2.4M-218.1M-3.5M1.2314.26N/AN/A33,57041,140580,370619,150
2022-08-10$33.77$30.0099.7%28.4%100.6%23.0%102.8%11.6%-0.5%4.4M-321.3M-3.6M0.9820.52N/AN/A60,63059,510589,040637,270
2022-08-11$33.54$30.0098.9%28.1%101.2%22.5%99.8%11.2%-0.1%4.3M-292.3M-3.7M0.6121.80N/AN/A104,96064,270593,850654,910
2022-08-12$35.20$31.0094.8%27.3%101.3%19.9%99.6%10.5%1.1%10.0M-409.0M-3.8M1.1422.90N/AN/A50,81057,970626,100678,630
2022-08-15$34.98$33.0095.7%27.4%101.2%20.4%100.6%11.3%-0.2%6.0M-328.9M-3.7M1.8925.23N/AN/A22,05041,730586,590611,330
2022-08-16$34.46$33.0096.3%27.6%86.5%20.8%96.8%10.8%-0.7%4.8M-286.5M-3.7M0.7727.77N/AN/A42,52032,910591,850629,970
2022-08-17$32.40$33.0096.9%27.8%87.2%21.2%98.5%9.4%-0.8%963.1K-167.1M-3.5M0.8829.92N/AN/A44,60039,230598,310640,720
2022-08-18$32.67$33.0093.4%26.7%87.2%19.0%94.3%9.2%1.5%1.1M-175.8M-3.6M0.9331.06N/AN/A31,06028,760610,330652,050
2022-08-19$28.50$34.00102.9%29.2%100.6%25.0%105.6%10.3%3.2%-2.8M91.7M-3.2M2.0321.14N/AN/A73,480149,440610,040656,310
2022-08-22$26.65$32.00107.9%30.9%101.5%28.2%111.8%12.0%-1.3%-1.7M91.1M-3.0M1.4914.52N/AN/A70,440104,770533,230513,470
2022-08-23$26.65$32.00105.8%30.2%93.6%26.9%109.2%11.6%-0.9%-1.5M93.3M-3.0M1.5220.46N/AN/A35,35053,590579,180568,300
2022-08-24$27.41$32.00101.8%28.9%87.2%24.4%101.9%11.9%-1.5%57.4K62.9M-3.1M0.6623.82N/AN/A40,52026,770593,790585,230
2022-08-25$27.26$28.5099.6%27.7%85.7%23.0%97.9%12.1%-0.2%1.1M67.8M-3.0M1.1228.69N/AN/A51,06057,290612,940590,340
2022-08-26$24.85$28.00104.4%29.3%90.7%26.0%106.7%11.9%0.3%-7.3M190.5M-2.7M1.6226.61N/AN/A81,490131,960613,920587,270
2022-08-29$24.80$30.00104.8%29.1%90.3%26.3%107.4%12.1%1.2%-2.5M158.3M-2.7M1.2324.79N/AN/A43,69053,920555,110561,240
2022-08-30$23.79$30.00105.2%29.4%91.0%26.5%110.0%14.7%0.9%-3.1M190.1M-2.7M1.5330.00N/AN/A51,04077,850576,800585,380
2022-08-31$23.32$29.00109.4%30.9%76.6%29.2%119.2%19.8%-1.4%-4.1M231.2M-2.6M2.2430.73N/AN/A92,510207,640592,790615,120