Financial giants have made a conspicuous bearish move on MicroStrategy. Our analysis of options history for MicroStrategy (NASDAQ:MSTR) revealed 45 unusual trades.
Delving into the details, we found 37% of traders were bullish, while 44% showed bearish tendencies. Out of all the trades we spotted, 10 were puts, with a value of $731,176, and 35 were calls, valued at $2,808,064.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $280.0 to $3800.0 for MicroStrategy over the recent three months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of MicroStrategy stands at 225.8, with a total volume reaching 1,464.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in MicroStrategy, situated within the strike price corridor from $280.0 to $3800.0, throughout the last 30 days.
MicroStrategy Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MSTR | CALL | TRADE | BULLISH | 01/17/25 | $430.0 | $426.0 | $430.0 | $1500.00 | $860.0K | 190 | 6 |
| MSTR | CALL | SWEEP | NEUTRAL | 08/16/24 | $219.65 | $210.3 | $214.98 | $1500.00 | $193.0K | 242 | 1 |
| MSTR | PUT | TRADE | BEARISH | 07/19/24 | $281.45 | $278.55 | $281.45 | $1630.00 | $168.8K | 18 | 1 |
| MSTR | CALL | TRADE | BULLISH | 06/18/26 | $790.0 | $788.0 | $790.0 | $1230.00 | $158.0K | 2 | 0 |
| MSTR | PUT | TRADE | NEUTRAL | 06/21/24 | $384.05 | $369.0 | $376.7 | $1840.00 | $150.6K | 59 | 0 |
About MicroStrategy
MicroStrategy Inc is a provider of enterprise analytics and mobility software. It offers MicroStrategy Analytics platform that delivers reports and dashboards and enables users to conduct ad hoc analysis and share insights through mobile devices or the Web; MicroStrategy Server, which provides analytical processing and job management. The company's reportable operating segment is engaged in the design, development, marketing, and sales of its software platform through licensing arrangements and cloud-based subscriptions and related services.
In light of the recent options history for MicroStrategy, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of MicroStrategy
- Trading volume stands at 186,014, with MSTR's price down by -4.09%, positioned at $1434.39.
- RSI indicators show the stock to be may be approaching oversold.
- Earnings announcement expected in 43 days.
What The Experts Say On MicroStrategy
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $2609.0.
- Reflecting concerns, an analyst from Bernstein lowers its rating to Outperform with a new price target of $2890.
- An analyst from Canaccord Genuity has decided to maintain their Buy rating on MicroStrategy, which currently sits at a price target of $2047.
- An analyst from Bernstein has revised its rating downward to Outperform, adjusting the price target to $2890.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.