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MSTR

Strategy IncClose $163.97EOD only
Max Pain
$146.00
Next expiry Apr 24, 2026
Expected Move
±$10.75
6.6% from close
Price Gap
-17.97
Distance to max pain
IV Rank
21
Low premium
P/C OI
0.79
Slightly call-heavy
Consensus
5.5/10
Range bias
Published snapshot: Apr 21, 2026 close
End-of-day snapshot

This page reflects MSTR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Apr 21, 2026 close
MSTR AI Consensus Report
Analysis based on market close April 22, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Conviction
6.5

out of 10

6.5 because positioning and dealer gamma materially support a pin but the elevated IV/earnings-term risk and the spot being well above max-pain leave a palpable one-off downside tail that could invalidate the setup quickly.

Where Perspectives Agree

Pinning regime supports a short-term bullish bias centered inside current ranges — dealer gamma and concentrated call flow make the market resistant to upside exhaustion and favor premium sellers and defined-risk upside exposure.

Where They Diverge

Flow shows institutional accumulation and sticky call buying while earnings term-structure and elevated IV imply a priced-in binary that could prompt protective hedging and a post-event fade; that event-risk directly undermines the accumulation thesis if realized. Additionally, directional bullishness favors directional call structures while theta prefers short premium; those are complementary but produce opposite P&L under a surprise gap move.

Top Trade
via theta

Sell May 8 167.5/149 put spread for ~credit (defined-risk premium sell)

Key Risk

A break and close below $149 triggers dealer gamma flip and rapid deleveraging—removes the pin and accelerates downside toward the $145 gap, invalidating the bullish thesis.

How to Use These Reports
This ai consensus reflects the market close on April 22, 2026.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.