Option traders moderately bearish in MicroStrategy (MSTR), with shares down $3.17 near $163.81. Options volume more than double the daily average with 587k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.9. Implied volatility (IV30) is higher by 0.9 points near 67.83,and below the 52wk median, suggesting an expected daily move of $7.00. Put-call skew steepened, indicating increased demand for downside protection.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSTR:
- Crypto Currents: Morgan Stanley files for bitcoin, solana ETFs
- Notable open interest changes for January 9th
- QQQ ETF Daily Update, 1/9/2026
- Strategy price target lowered to $268 from $443 at Clear Street
- Cathie Wood Says Trump Government to Start Buying Bitcoin for Reserve