MSTR Unusual Options Activity

As of Oct 21, 2026, our scanner has flagged 200 unusual MSTR options trades in its recent history: 118 bullish and 82 bearish, totaling $429.3M in premium. Flow has leaned leaned bullish (call buying), with $325.6M in bullish call premium vs. $103.8M in bearish put premium. The most recent MSTR trade was flagged at 09:30 ET on Oct 21, 2026.

200Flagged trades

118Bullish

82Bearish

$429.3MTotal premium

$20.1MLargest trade

Recent MSTR options flow

09:30 ET
Oct 21, 2026
1877 $MSTR Oct 30th 2026 140 CALLS BOUGHT@ 7.5 vs Open Interest of 814 for a total of $1403996. 2.3x volume/OI ratio.
BULLISH
12:45 ET
Oct 20, 2026
2858 $MSTR Oct 23rd 2026 143 PUTS BOUGHT@ 3.8 vs Open Interest of 1174 for a total of $1076066. 2.4x volume/OI ratio.
BEARISH
12:30 ET
Oct 20, 2026
3851 $MSTR Oct 23rd 2026 144 PUTS BOUGHT@ 4.1 vs Open Interest of 1118 for a total of $1578409. 3.4x volume/OI ratio.
BEARISH
12:00 ET
Oct 20, 2026
2011 $MSTR Oct 23rd 2026 143 CALLS BOUGHT@ 3.9 vs Open Interest of 500 for a total of $779986. 4x volume/OI ratio.
BULLISH
11:45 ET
Oct 20, 2026
10015 $MSTR Oct 23rd 2026 135 PUTS BOUGHT@ 1.2 vs Open Interest of 2031 for a total of $1235551. 4.9x volume/OI ratio.
BEARISH
11:15 ET
Oct 20, 2026
1685 $MSTR Oct 30th 2026 140 CALLS BOUGHT@ 7.4 vs Open Interest of 642 for a total of $1241761. 2.6x volume/OI ratio.
BULLISH
09:30 ET
Oct 20, 2026
1652 $MSTR Oct 23rd 2026 139 PUTS BOUGHT@ 4.7 vs Open Interest of 797 for a total of $770873. 2.1x volume/OI ratio.
BEARISH
11:45 ET
Oct 19, 2026
1192 $MSTR Oct 23rd 2026 141 PUTS BOUGHT@ 5.1 vs Open Interest of 496 for a total of $613451. 2.4x volume/OI ratio.
BEARISH
10:15 ET
Oct 19, 2026
2397 $MSTR Oct 23rd 2026 138 CALLS BOUGHT@ 5.1 vs Open Interest of 559 for a total of $1221679. 4.3x volume/OI ratio.
BULLISH
09:30 ET
Oct 19, 2026
1031 $MSTR Oct 23rd 2026 143 PUTS BOUGHT@ 6.3 vs Open Interest of 405 for a total of $648612. 2.5x volume/OI ratio.
BEARISH
09:30 ET
Oct 19, 2026
1291 $MSTR Oct 23rd 2026 136 CALLS BOUGHT@ 5.8 vs Open Interest of 545 for a total of $744210. 2.4x volume/OI ratio.
BULLISH
09:30 ET
Oct 19, 2026
1086 $MSTR Oct 23rd 2026 144 PUTS BOUGHT@ 7 vs Open Interest of 429 for a total of $755715. 2.5x volume/OI ratio.
BEARISH
09:30 ET
Oct 19, 2026
1561 $MSTR Oct 23rd 2026 139 PUTS BOUGHT@ 4.6 vs Open Interest of 429 for a total of $718200. 3.6x volume/OI ratio.
BEARISH
09:30 ET
Oct 19, 2026
1679 $MSTR Oct 23rd 2026 143 CALLS BOUGHT@ 4.2 vs Open Interest of 524 for a total of $698531. 3.2x volume/OI ratio.
BULLISH
09:30 ET
Oct 19, 2026
5230 $MSTR Oct 23rd 2026 135 PUTS BOUGHT@ 3.1 vs Open Interest of 1946 for a total of $1620149. 2.7x volume/OI ratio.
BEARISH
09:30 ET
Oct 19, 2026
4866 $MSTR Oct 23rd 2026 140 CALLS BOUGHT@ 4.4 vs Open Interest of 2288 for a total of $2144933. 2.1x volume/OI ratio.
BULLISH
15:30 ET
Oct 16, 2026
747 $MSTR Oct 23rd 2026 134 CALLS BOUGHT@ 7.1 vs Open Interest of 56 for a total of $529593. 13.3x volume/OI ratio.
BULLISH
15:30 ET
Oct 16, 2026
3988 $MSTR Oct 23rd 2026 139 CALLS BOUGHT@ 4.1 vs Open Interest of 100 for a total of $1622438. 39.9x volume/OI ratio.
BULLISH
14:45 ET
Oct 16, 2026
2758 $MSTR Oct 23rd 2026 137 CALLS BOUGHT@ 5.1 vs Open Interest of 175 for a total of $1419818. 15.8x volume/OI ratio.
BULLISH
14:30 ET
Oct 16, 2026
11260 $MSTR Oct 23rd 2026 141 CALLS BOUGHT@ 3.5 vs Open Interest of 587 for a total of $3891343. 19.2x volume/OI ratio.
BULLISH
14:30 ET
Oct 16, 2026
11760 $MSTR Oct 23rd 2026 147 CALLS BOUGHT@ 1.9 vs Open Interest of 480 for a total of $2266034. 24.5x volume/OI ratio.
BULLISH
13:45 ET
Oct 16, 2026
4798 $MSTR Oct 23rd 2026 144 CALLS BOUGHT@ 2.8 vs Open Interest of 284 for a total of $1346751. 16.9x volume/OI ratio.
BULLISH
13:15 ET
Oct 16, 2026
8689 $MSTR Oct 23rd 2026 142 CALLS BOUGHT@ 3.5 vs Open Interest of 90 for a total of $3007784. 96.5x volume/OI ratio.
BULLISH
12:45 ET
Oct 16, 2026
1227 $MSTR Oct 23rd 2026 135 CALLS BOUGHT@ 8.1 vs Open Interest of 295 for a total of $999109. 4.2x volume/OI ratio.
BULLISH
12:30 ET
Oct 16, 2026
1524 $MSTR Oct 23rd 2026 143 CALLS BOUGHT@ 4.3 vs Open Interest of 101 for a total of $656768. 15.1x volume/OI ratio.
BULLISH
11:45 ET
Oct 16, 2026
10391 $MSTR Oct 23rd 2026 150 CALLS BOUGHT@ 2.2 vs Open Interest of 2299 for a total of $2261289. 4.5x volume/OI ratio.
BULLISH
11:45 ET
Oct 16, 2026
8578 $MSTR Oct 23rd 2026 145 CALLS BOUGHT@ 3.5 vs Open Interest of 1940 for a total of $2996210. 4.4x volume/OI ratio.
BULLISH
11:30 ET
Oct 16, 2026
12027 $MSTR Oct 23rd 2026 146 CALLS BOUGHT@ 2.9 vs Open Interest of 441 for a total of $3513808. 27.3x volume/OI ratio.
BULLISH
11:15 ET
Oct 16, 2026
28103 $MSTR Oct 23rd 2026 155 CALLS BOUGHT@ 1.6 vs Open Interest of 11131 for a total of $4635590. 2.5x volume/OI ratio.
BULLISH
10:15 ET
Oct 16, 2026
31654 $MSTR Oct 23rd 2026 148 CALLS BOUGHT@ 3.2 vs Open Interest of 174 for a total of $10134028. 181.9x volume/OI ratio.
BULLISH
09:30 ET
Oct 16, 2026
4305 $MSTR Oct 23rd 2026 140 CALLS BOUGHT@ 4.5 vs Open Interest of 696 for a total of $1928855. 6.2x volume/OI ratio.
BULLISH
15:30 ET
Oct 15, 2026
5850 $MSTR Oct 23rd 2026 162.5 CALLS BOUGHT@ 2 vs Open Interest of 2217 for a total of $1155785. 2.6x volume/OI ratio.
BULLISH
15:15 ET
Oct 15, 2026
8621 $MSTR Oct 23rd 2026 155 CALLS BOUGHT@ 3.9 vs Open Interest of 1881 for a total of $3344345. 4.6x volume/OI ratio.
BULLISH
12:15 ET
Oct 15, 2026
1408 $MSTR Oct 23rd 2026 140 CALLS BOUGHT@ 7.7 vs Open Interest of 567 for a total of $1080246. 2.5x volume/OI ratio.
BULLISH
12:15 ET
Oct 15, 2026
800 $MSTR Oct 23rd 2026 141 CALLS BOUGHT@ 8.8 vs Open Interest of 101 for a total of $706008. 7.9x volume/OI ratio.
BULLISH
11:45 ET
Oct 15, 2026
7665 $MSTR Oct 23rd 2026 157.5 CALLS BOUGHT@ 2.7 vs Open Interest of 2059 for a total of $2049774. 3.7x volume/OI ratio.
BULLISH
11:45 ET
Oct 15, 2026
11037 $MSTR Oct 23rd 2026 152.5 CALLS BOUGHT@ 4.5 vs Open Interest of 677 for a total of $4911906. 16.3x volume/OI ratio.
BULLISH
10:30 ET
Oct 15, 2026
3667 $MSTR Oct 23rd 2026 145 CALLS BOUGHT@ 4.3 vs Open Interest of 936 for a total of $1585317. 3.9x volume/OI ratio.
BULLISH
09:30 ET
Oct 15, 2026
874 $MSTR Oct 23rd 2026 146 CALLS BOUGHT@ 5.8 vs Open Interest of 419 for a total of $506806. 2.1x volume/OI ratio.
BULLISH
09:30 ET
Oct 15, 2026
10434 $MSTR Oct 23rd 2026 160 CALLS BOUGHT@ 2.4 vs Open Interest of 3022 for a total of $2535045. 3.5x volume/OI ratio.
BULLISH
14:30 ET
Oct 14, 2026
6230 $MSTR Oct 23rd 2026 160 CALLS BOUGHT@ 1.9 vs Open Interest of 2562 for a total of $1186067. 2.4x volume/OI ratio.
BULLISH
14:15 ET
Oct 14, 2026
1246 $MSTR Oct 23rd 2026 145 CALLS BOUGHT@ 5.9 vs Open Interest of 281 for a total of $737296. 4.4x volume/OI ratio.
BULLISH
15:45 ET
Oct 13, 2026
331 $MSTR Oct 16th 2026 138 CALLS BOUGHT@ 15.5 vs Open Interest of 81 for a total of $512613. 4.1x volume/OI ratio.
BULLISH
09:30 ET
Oct 12, 2026
322 $MSTR Oct 16th 2026 137 CALLS BOUGHT@ 19.2 vs Open Interest of 129 for a total of $618746. 2.5x volume/OI ratio.
BULLISH
15:00 ET
Oct 9, 2026
320 $MSTR Oct 16th 2026 137 CALLS BOUGHT@ 19.2 vs Open Interest of 60 for a total of $615226. 5.3x volume/OI ratio.
BULLISH
13:45 ET
Oct 9, 2026
32314 $MSTR Oct 16th 2026 160 CALLS BOUGHT@ 3.6 vs Open Interest of 14722 for a total of $11558718. 2.2x volume/OI ratio.
BULLISH
11:00 ET
Oct 9, 2026
19908 $MSTR Oct 16th 2026 167.5 CALLS BOUGHT@ 1.8 vs Open Interest of 4117 for a total of $3623455. 4.8x volume/OI ratio.
BULLISH
11:00 ET
Oct 9, 2026
38661 $MSTR Oct 16th 2026 165 CALLS BOUGHT@ 1.9 vs Open Interest of 10350 for a total of $7414020. 3.7x volume/OI ratio.
BULLISH
10:30 ET
Oct 9, 2026
30380 $MSTR Oct 16th 2026 157.5 CALLS BOUGHT@ 3.5 vs Open Interest of 8841 for a total of $10542771. 3.4x volume/OI ratio.
BULLISH
09:30 ET
Oct 9, 2026
852 $MSTR Oct 16th 2026 149 CALLS BOUGHT@ 6 vs Open Interest of 371 for a total of $507664. 2.3x volume/OI ratio.
BULLISH
09:30 ET
Oct 9, 2026
937 $MSTR Oct 16th 2026 148 CALLS BOUGHT@ 6 vs Open Interest of 208 for a total of $559595. 4.5x volume/OI ratio.
BULLISH
15:45 ET
Oct 8, 2026
843 $MSTR Oct 16th 2026 149 CALLS BOUGHT@ 5.9 vs Open Interest of 219 for a total of $501180. 3.8x volume/OI ratio.
BULLISH
15:45 ET
Oct 8, 2026
9809 $MSTR Oct 16th 2026 165 CALLS BOUGHT@ 1.6 vs Open Interest of 4149 for a total of $1605929. 2.4x volume/OI ratio.
BULLISH
14:30 ET
Oct 8, 2026
915 $MSTR Oct 16th 2026 148 CALLS BOUGHT@ 5.9 vs Open Interest of 129 for a total of $542604. 7.1x volume/OI ratio.
BULLISH
13:45 ET
Oct 8, 2026
7933 $MSTR Oct 16th 2026 162.5 CALLS BOUGHT@ 1.8 vs Open Interest of 2143 for a total of $1418500. 3.7x volume/OI ratio.
BULLISH
12:45 ET
Oct 8, 2026
6545 $MSTR Oct 16th 2026 152.5 CALLS BOUGHT@ 3.9 vs Open Interest of 557 for a total of $2556084. 11.8x volume/OI ratio.
BULLISH
11:15 ET
Oct 8, 2026
9575 $MSTR Oct 16th 2026 157.5 CALLS BOUGHT@ 3.4 vs Open Interest of 1280 for a total of $3278576. 7.5x volume/OI ratio.
BULLISH
13:15 ET
Oct 7, 2026
5433 $MSTR Oct 16th 2026 167.5 CALLS BOUGHT@ 2.1 vs Open Interest of 980 for a total of $1116319. 5.5x volume/OI ratio.
BULLISH
12:00 ET
Oct 7, 2026
1995 $MSTR Oct 16th 2026 157.5 CALLS BOUGHT@ 5.1 vs Open Interest of 598 for a total of $1026068. 3.3x volume/OI ratio.
BULLISH
12:15 ET
Oct 6, 2026
1691 $MSTR Oct 16th 2026 167.5 CALLS BOUGHT@ 6.4 vs Open Interest of 683 for a total of $1084489. 2.5x volume/OI ratio.
BULLISH
11:45 ET
Oct 6, 2026
6842 $MSTR Oct 9th 2026 165 PUTS BOUGHT@ 3.5 vs Open Interest of 1783 for a total of $2387379. 3.8x volume/OI ratio.
BEARISH
10:45 ET
Oct 6, 2026
3565 $MSTR Oct 9th 2026 167.5 PUTS BOUGHT@ 4.7 vs Open Interest of 581 for a total of $1681361. 6.1x volume/OI ratio.
BEARISH
10:45 ET
Oct 6, 2026
9126 $MSTR Oct 16th 2026 185 CALLS BOUGHT@ 2.1 vs Open Interest of 2996 for a total of $1956614. 3x volume/OI ratio.
BULLISH
09:30 ET
Oct 6, 2026
6017 $MSTR Oct 9th 2026 162.5 PUTS BOUGHT@ 4.4 vs Open Interest of 2067 for a total of $2628827. 2.9x volume/OI ratio.
BEARISH
15:30 ET
Oct 5, 2026
809 $MSTR Oct 9th 2026 167.5 PUTS BOUGHT@ 7.3 vs Open Interest of 386 for a total of $592868. 2.1x volume/OI ratio.
BEARISH
13:15 ET
Oct 5, 2026
6552 $MSTR Oct 9th 2026 160 PUTS BOUGHT@ 3.3 vs Open Interest of 2591 for a total of $2161308. 2.5x volume/OI ratio.
BEARISH
09:30 ET
Oct 5, 2026
5595 $MSTR Oct 9th 2026 162.5 PUTS BOUGHT@ 4.4 vs Open Interest of 1289 for a total of $2487089. 4.3x volume/OI ratio.
BEARISH
09:30 ET
Oct 5, 2026
3642 $MSTR Oct 16th 2026 172.5 CALLS BOUGHT@ 5.2 vs Open Interest of 1575 for a total of $1910083. 2.3x volume/OI ratio.
BULLISH
15:00 ET
Sep 29, 2026
3840 $MSTR Oct 2nd 2026 157.5 CALLS BOUGHT@ 3.3 vs Open Interest of 1685 for a total of $1248230. 2.3x volume/OI ratio.
BULLISH
13:30 ET
Sep 29, 2026
1686 $MSTR Oct 2nd 2026 152.5 CALLS BOUGHT@ 5.1 vs Open Interest of 472 for a total of $855746. 3.6x volume/OI ratio.
BULLISH
13:00 ET
Sep 29, 2026
3915 $MSTR Oct 2nd 2026 155 CALLS BOUGHT@ 4.2 vs Open Interest of 1234 for a total of $1638427. 3.2x volume/OI ratio.
BULLISH
09:30 ET
Sep 29, 2026
5219 $MSTR Oct 2nd 2026 157.5 PUTS BOUGHT@ 4.7 vs Open Interest of 2413 for a total of $2439674. 2.2x volume/OI ratio.
BEARISH
09:30 ET
Sep 29, 2026
10915 $MSTR Oct 2nd 2026 160 CALLS BOUGHT@ 4.3 vs Open Interest of 5149 for a total of $4665726. 2.1x volume/OI ratio.
BULLISH
11:45 ET
Sep 28, 2026
10315 $MSTR Oct 2nd 2026 160 CALLS BOUGHT@ 4.3 vs Open Interest of 3221 for a total of $4436378. 3.2x volume/OI ratio.
BULLISH
10:45 ET
Sep 28, 2026
4703 $MSTR Oct 2nd 2026 157.5 PUTS BOUGHT@ 4.6 vs Open Interest of 1318 for a total of $2180358. 3.6x volume/OI ratio.
BEARISH
15:45 ET
Sep 22, 2026
2678 $MSTR Sep 25th 2026 175 PUTS BOUGHT@ 8.8 vs Open Interest of 1110 for a total of $2350454. 2.4x volume/OI ratio.
BEARISH
15:00 ET
Sep 22, 2026
460 $MSTR Sep 25th 2026 180 PUTS BOUGHT@ 12.7 vs Open Interest of 88 for a total of $585125. 5.2x volume/OI ratio.
BEARISH
11:15 ET
Sep 22, 2026
26398 $MSTR Sep 25th 2026 175 CALLS BOUGHT@ 3.4 vs Open Interest of 9151 for a total of $8858113. 2.9x volume/OI ratio.
BULLISH
09:30 ET
Sep 22, 2026
691 $MSTR Sep 25th 2026 172.5 PUTS BOUGHT@ 10.1 vs Open Interest of 157 for a total of $694787. 4.4x volume/OI ratio.
BEARISH
09:30 ET
Sep 22, 2026
5376 $MSTR Sep 25th 2026 170 PUTS BOUGHT@ 5.6 vs Open Interest of 1121 for a total of $3020344. 4.8x volume/OI ratio.
BEARISH
09:30 ET
Sep 22, 2026
2398 $MSTR Sep 25th 2026 157.5 PUTS BOUGHT@ 2.5 vs Open Interest of 681 for a total of $602042. 3.5x volume/OI ratio.
BEARISH
09:30 ET
Sep 22, 2026
2921 $MSTR Sep 25th 2026 167.5 PUTS BOUGHT@ 4.5 vs Open Interest of 1382 for a total of $1307410. 2.1x volume/OI ratio.
BEARISH
09:30 ET
Sep 22, 2026
1926 $MSTR Sep 25th 2026 162.5 PUTS BOUGHT@ 4.2 vs Open Interest of 855 for a total of $817587. 2.3x volume/OI ratio.
BEARISH
09:30 ET
Sep 22, 2026
5091 $MSTR Sep 25th 2026 182.5 CALLS BOUGHT@ 2 vs Open Interest of 2225 for a total of $993509. 2.3x volume/OI ratio.
BULLISH
09:30 ET
Sep 22, 2026
6921 $MSTR Sep 25th 2026 190 CALLS BOUGHT@ 1.3 vs Open Interest of 3273 for a total of $921047. 2.1x volume/OI ratio.
BULLISH
09:30 ET
Sep 22, 2026
7580 $MSTR Sep 25th 2026 185 CALLS BOUGHT@ 1.8 vs Open Interest of 3090 for a total of $1373799. 2.5x volume/OI ratio.
BULLISH
09:30 ET
Sep 22, 2026
7172 $MSTR Sep 25th 2026 165 PUTS BOUGHT@ 3.1 vs Open Interest of 2875 for a total of $2248996. 2.5x volume/OI ratio.
BEARISH
09:30 ET
Sep 22, 2026
11496 $MSTR Sep 25th 2026 167.5 CALLS BOUGHT@ 6.1 vs Open Interest of 2458 for a total of $7005432. 4.7x volume/OI ratio.
BULLISH
09:30 ET
Sep 22, 2026
14166 $MSTR Sep 25th 2026 160 PUTS BOUGHT@ 1.6 vs Open Interest of 4098 for a total of $2316849. 3.5x volume/OI ratio.
BEARISH
09:30 ET
Sep 22, 2026
15060 $MSTR Sep 25th 2026 180 CALLS BOUGHT@ 2.2 vs Open Interest of 5162 for a total of $3373591. 2.9x volume/OI ratio.
BULLISH
09:30 ET
Sep 22, 2026
15080 $MSTR Sep 25th 2026 160 CALLS BOUGHT@ 10.3 vs Open Interest of 7404 for a total of $15529082. 2x volume/OI ratio.
BULLISH
09:30 ET
Sep 22, 2026
17900 $MSTR Sep 25th 2026 200 CALLS BOUGHT@ 0.7 vs Open Interest of 7152 for a total of $1241365. 2.5x volume/OI ratio.
BULLISH
09:30 ET
Sep 22, 2026
21386 $MSTR Sep 25th 2026 170 CALLS BOUGHT@ 5.2 vs Open Interest of 8531 for a total of $11145314. 2.5x volume/OI ratio.
BULLISH
13:45 ET
Sep 21, 2026
2199 $MSTR Sep 25th 2026 157.5 PUTS BOUGHT@ 2.6 vs Open Interest of 516 for a total of $565935. 4.3x volume/OI ratio.
BEARISH
13:30 ET
Sep 21, 2026
4449 $MSTR Sep 25th 2026 182.5 CALLS BOUGHT@ 1.9 vs Open Interest of 309 for a total of $847312. 14.4x volume/OI ratio.
BULLISH
12:45 ET
Sep 21, 2026
689 $MSTR Sep 25th 2026 172.5 PUTS BOUGHT@ 10.1 vs Open Interest of 75 for a total of $693072. 9.2x volume/OI ratio.
BEARISH
12:15 ET
Sep 21, 2026
1755 $MSTR Sep 25th 2026 162.5 PUTS BOUGHT@ 4.3 vs Open Interest of 71 for a total of $760266. 24.7x volume/OI ratio.
BEARISH
10:45 ET
Sep 21, 2026
12546 $MSTR Sep 25th 2026 180 CALLS BOUGHT@ 2.5 vs Open Interest of 2727 for a total of $3182167. 4.6x volume/OI ratio.
BULLISH
10:30 ET
Sep 21, 2026
7721 $MSTR Sep 25th 2026 155 PUTS BOUGHT@ 1.7 vs Open Interest of 1046 for a total of $1339902. 7.4x volume/OI ratio.
BEARISH
10:30 ET
Sep 21, 2026
6335 $MSTR Sep 25th 2026 190 CALLS BOUGHT@ 1.3 vs Open Interest of 890 for a total of $843632. 7.1x volume/OI ratio.
BULLISH

How to read MSTR unusual options activity

Each row is a single MSTR options trade where same-day volume was large relative to open interest and the premium was large. Bullish means calls were bought at or above the ask; bearish means puts were bought at or above the ask. Volume above open interest suggests, but does not prove, that new positions were opened. Check whether MSTR open interest rose the next day to confirm. Learn more in our guide to unusual options activity and volume vs. open interest.

MSTR options flow FAQ

Is there unusual options activity in MSTR today?

Our most recent flagged MSTR trade was at 09:30 ET on Oct 21, 2026. This page lists every recent MSTR trade our scanner flagged, newest first, and refreshes every few minutes during market hours.

Is MSTR options flow bullish or bearish right now?

Of 200 recent flagged MSTR trades, 118 were bullish (calls bought at or above the ask) and 82 were bearish (puts bought at or above the ask). Large put buying is often hedging, so treat this as positioning data, not a prediction.