MSTR Options History — July 2024

In July 2024, MSTR traded between $128.22 and $180.09. ATM implied volatility averaged 89.9%, placing in the 31.5% IV rank vs the trailing year. The 30-day expected move averaged 25.5%. IV traded above realized volatility by 14.5% (HV 20d: 75.4%). Max pain ranged from $127.00 to $149.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.68.

Notable Days

  • 2024-07-19: Highest Volume — 992,920 contracts
  • 2024-07-19: Largest IV spike — 12.6% change
  • 2024-07-19: Highest IV Rank — 42.4%
  • 2024-07-19: Largest Expected Move — 29.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$152.84$128.22$180.09$137.25$162.78
Max Pain$136.05$127.00$149.00$127.00$149.00
ATM IV89.9%84.1%102.0%86.4%87.0%
Expected Move25.5%22.1%29.3%23.5%24.4%
HV 20d75.4%62.9%88.0%68.4%83.6%
HV 60d85.4%79.9%89.5%89.5%79.9%
IV Rank31.5%26.2%42.4%28.3%28.9%
IV Percentile67.1%59.1%79.8%63.9%59.1%
Term Structure0.2%-1.5%2.4%1.3%-1.5%
VWIV90.9%80.3%103.7%85.4%87.0%
Skew 25d-2.8%-4.6%-0.4%-3.1%-0.4%
Skew 10d-4.1%-6.5%0.6%-5.5%0.6%
Call IV 25d92.7%87.4%105.1%90.3%87.7%
Put IV 25d89.8%84.3%102.3%87.2%87.2%
Bid-Ask Spread %38.8629.6554.3444.2354.34
Gamma HHI0.040.020.120.020.02
Net GEX51.0M-23.0M139.0M5.5M30.4M
Net DEX-5.84B-10.72B-2.86B-3.81B-5.57B
Net VEX-24.1M-26.7M-21.2M-22.3M-25.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.471.290.560.72
Total Volume424,139.091195,800992,920258,000211,740
Total OI1,999,6651,786,2302,313,7301,804,5701,940,780

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$137.25$127.0086.4%23.5%68.4%28.3%85.4%-3.1%1.3%5.5M-3.81B-22.3M0.5644.23N/AN/A165,17092,830848,060956,510
2024-07-02$131.78$128.0084.3%22.1%66.3%26.4%80.3%-2.7%1.4%-13.0M-3.04B-21.9M0.6744.40N/AN/A156,430104,600901,840993,120
2024-07-03$129.88$128.0084.1%22.5%65.1%26.2%82.1%-2.6%2.4%-21.7M-2.88B-21.8M1.2940.86N/AN/A151,740195,360940,3301,030,060
2024-07-05$128.22$134.0088.6%26.1%63.1%30.3%91.5%-2.3%1.1%-23.0M-2.86B-21.2M0.9529.65N/AN/A384,110363,790968,2901,136,310
2024-07-08$128.74$130.0088.5%25.5%63.3%30.2%91.0%-1.8%0.2%-1.1M-3.19B-21.4M0.6530.82N/AN/A126,60082,280892,700980,250
2024-07-09$130.23$130.0086.6%25.0%63.4%28.5%90.3%-1.7%0.5%7.5M-3.40B-21.8M0.6930.72N/AN/A118,94082,390937,7901,016,920
2024-07-10$130.13$130.0085.0%24.7%62.9%27.1%89.2%-2.5%0.7%12.6M-3.52B-21.6M0.7932.70N/AN/A109,14086,660979,3001,047,800
2024-07-11$137.08$130.0085.8%24.6%65.3%27.7%87.8%-3.4%-0.1%63.4M-4.65B-22.4M0.4736.20N/AN/A317,750149,6901,002,6701,073,980
2024-07-12$140.09$130.0084.9%24.5%65.0%26.9%87.3%-4.0%0.5%104.4M-5.15B-22.1M0.5837.06N/AN/A416,930240,0201,062,5501,103,760
2024-07-15$161.85$130.0093.7%26.8%76.8%34.9%95.8%-4.1%-0.4%90.0M-7.84B-23.9M0.4734.13N/AN/A470,000219,900937,940978,810
2024-07-16$165.55$130.0091.7%26.3%76.7%33.1%93.1%-2.9%-1.1%104.0M-8.49B-25.0M0.5234.00N/AN/A272,640141,2801,026,0701,044,320
2024-07-17$159.97$133.0091.3%26.2%77.8%32.7%91.7%-2.7%-0.3%104.9M-7.54B-25.0M0.6435.34N/AN/A304,780195,4601,077,3301,084,870
2024-07-18$155.67$135.0090.6%26.0%77.6%32.1%95.1%-2.5%-0.1%88.9M-6.78B-25.6M0.7538.52N/AN/A201,940150,9901,117,8901,149,900
2024-07-19$175.35$135.00102.0%29.3%87.7%42.4%103.7%-2.8%-0.9%139.0M-10.72B-26.4M0.5238.78N/AN/A651,520341,4001,140,7201,173,010
2024-07-22$180.09$140.0098.2%28.2%88.0%39.0%99.0%-3.7%-1.2%85.6M-8.60B-26.4M0.5541.49N/AN/A231,560127,850853,080933,150
2024-07-23$172.54$140.0093.1%26.6%84.9%34.4%93.3%-4.2%0.3%79.5M-7.56B-26.7M0.7142.10N/AN/A176,270124,560913,670978,430
2024-07-24$168.34$141.0092.8%26.2%82.5%34.1%91.4%-3.5%1.2%53.8M-6.86B-26.3M0.7043.17N/AN/A186,410130,980933,2101,029,060
2024-07-25$161.88$148.0091.7%26.1%83.9%33.1%92.2%-4.6%0.8%6.7M-5.67B-25.8M0.6441.72N/AN/A310,620200,100958,1301,064,190
2024-07-26$174.64$148.0094.7%27.1%87.2%35.8%95.5%-3.9%0.5%121.4M-8.28B-26.7M0.5541.68N/AN/A472,730260,3601,005,1001,099,300
2024-07-29$169.23$148.0089.6%25.2%84.1%31.2%89.4%-2.4%-0.7%54.9M-6.63B-26.3M0.8840.14N/AN/A190,320168,380832,740957,730
2024-07-30$161.28$149.0087.9%24.7%85.6%29.6%88.2%-0.5%-0.4%28.1M-5.43B-25.2M0.5842.98N/AN/A154,65090,190869,7601,021,200
2024-07-31$162.78$149.0087.0%24.4%83.6%28.9%87.0%-0.4%-1.5%30.4M-5.57B-25.2M0.7254.34N/AN/A123,02088,720897,7501,043,030