MSTR Options History — August 2024

In August 2024, MSTR traded between $127.06 and $150.96. ATM implied volatility averaged 83.7%, placing in the 25.8% IV rank vs the trailing year. The 30-day expected move averaged 23.9%. IV traded below realized volatility by 5.0% (HV 20d: 88.7%). Max pain ranged from $136.00 to $150.00. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.67.

Notable Days

  • 2024-08-02: Highest Volume — 529,350 contracts
  • 2024-08-05: Largest IV spike — 17.3% change
  • 2024-08-05: Highest IV Rank — 48.1%
  • 2024-08-05: Largest Expected Move — 29.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$136.49$127.06$150.96$150.96$132.34
Max Pain$140.33$136.00$150.00$150.00$136.00
ATM IV83.7%72.1%108.3%87.8%74.9%
Expected Move23.9%20.8%29.7%25.2%20.8%
HV 20d88.7%77.3%105.9%88.7%80.3%
HV 60d80.6%75.8%86.9%81.3%78.3%
IV Rank25.8%15.3%48.1%29.6%17.8%
IV Percentile52.8%38.9%82.5%59.9%38.9%
Term Structure1.2%-5.3%6.8%0.2%5.3%
VWIV84.8%74.3%104.9%90.7%74.3%
Skew 25d2.8%-2.5%10.6%-2.5%0.8%
Skew 10d7.1%-2.6%20.8%-2.6%5.2%
Call IV 25d83.1%72.6%102.4%90.8%74.9%
Put IV 25d85.9%74.7%113.0%88.4%75.7%
Bid-Ask Spread %26.6218.3849.1449.1432.43
Gamma HHI0.070.020.250.020.03
Net GEX13.4M-51.0M65.8M-12.9M12.3M
Net DEX-3.24B-5.95B134.4M-3.76B-3.24B
Net VEX-21.8M-24.3M-954.4K-24.3M-21.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.301.200.910.34
Total Volume201,932.31893,359529,350399,790229,905
Total OI1,661,621.59141,6012,092,0201,981,1101,646,816

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$150.96$150.0087.8%25.2%88.7%29.6%90.7%-2.5%0.2%-12.9M-3.76B-24.3M0.9149.14N/AN/A209,590190,200919,4101,061,700
2024-08-02$145.32$149.0092.3%26.4%89.9%33.6%94.4%-1.0%-1.8%-51.0M-2.87B-24.1M1.0745.85N/AN/A255,720273,630977,7601,114,260
2024-08-05$129.75$148.00108.3%29.7%99.4%48.1%104.9%10.6%-0.3%-15.5M-1.98B-22.8M1.1118.45N/AN/A207,170229,140803,130970,810
2024-08-06$136.94$144.0093.5%26.9%101.2%34.7%95.0%7.3%0.4%-1.6M-2.98B-23.9M0.8419.37N/AN/A116,58097,850863,5801,014,880
2024-08-07$127.06$141.00100.9%29.1%104.9%41.5%101.0%8.9%-0.0%-17.7M-1.87B-22.9M1.2019.14N/AN/A115,730138,880887,8601,033,570
2024-08-08$135.71$0.0089.7%26.6%105.9%31.2%93.0%7.8%-0.7%-929.9K134.4M-954.4K0.8518.39N/AN/A98,75883,5663,83437,767
2024-08-09$134.84$140.0088.0%25.3%105.6%29.7%89.7%7.1%4.9%-42.6M-2.91B-23.0M0.7518.38N/AN/A106,67379,667918,8101,060,615
2024-08-12$131.66$140.0089.6%24.8%90.5%31.2%87.2%10.0%-5.3%3.4M-2.70B-22.4M0.6819.15N/AN/A58,44939,827802,303928,952
2024-08-13$135.97$140.0079.7%23.8%91.0%22.2%83.4%4.0%3.5%13.8M-3.16B-22.6M0.3319.29N/AN/A127,97042,635814,466942,925
2024-08-14$130.00$140.0079.8%23.3%91.5%22.3%83.2%4.1%2.1%-663.0K-2.72B-22.0M0.7720.72N/AN/A62,20947,680835,556952,252
2024-08-15$130.93$140.0076.6%22.2%91.4%19.4%78.7%3.5%1.3%3.9M-2.87B-22.3M0.7023.70N/AN/A90,09263,280848,691956,482
2024-08-16$132.91$140.0074.4%21.3%78.7%17.4%76.7%0.8%-1.0%10.3M-3.17B-22.2M0.5428.21N/AN/A134,33271,961864,186960,445
2024-08-19$134.60$140.0072.1%20.8%77.9%15.3%74.4%2.1%1.7%36.5M-3.57B-22.3M0.7022.16N/AN/A56,13339,457710,933814,677
2024-08-20$134.20$140.0076.4%21.9%77.3%19.3%78.1%2.4%1.2%40.4M-3.58B-22.7M0.6027.31N/AN/A80,86148,270729,332828,915
2024-08-21$140.58$136.0074.2%21.3%79.9%17.2%76.1%0.7%0.5%65.8M-4.47B-23.0M0.4821.04N/AN/A85,19540,590748,644841,595
2024-08-22$135.09$136.0078.6%22.5%79.9%21.2%79.4%0.8%1.0%63.6M-3.78B-22.3M0.5130.13N/AN/A61,70131,658770,555851,303
2024-08-23$149.28$136.0081.8%23.3%83.7%24.1%83.0%-2.1%1.5%63.5M-5.95B-23.5M0.3029.89N/AN/A283,63585,761775,431859,327
2024-08-26$148.06$138.0083.0%23.4%83.2%25.2%83.4%-1.8%1.1%54.4M-5.08B-23.5M0.5827.62N/AN/A78,71445,392740,276821,799
2024-08-27$140.31$138.0079.8%22.5%83.6%22.3%79.8%-1.1%1.7%39.0M-4.09B-22.9M0.5331.03N/AN/A64,97034,267756,764836,691
2024-08-28$133.38$138.0082.5%23.2%84.8%24.8%82.3%-0.1%6.8%18.0M-3.34B-21.8M0.5430.98N/AN/A80,17243,622768,425843,816
2024-08-29$132.97$137.0077.7%21.7%81.2%20.4%77.4%-1.0%1.7%13.0M-3.29B-21.6M0.4133.25N/AN/A78,66731,952784,210851,922
2024-08-30$132.34$136.0074.9%20.8%80.3%17.8%74.3%0.8%5.3%12.3M-3.24B-21.4M0.3432.43N/AN/A171,03458,871796,178850,638