MARKET SIGNAL$MSTRMSTROpen live chart →
The options tape classified a multi-leg trade in MSTR with $86.59M of traded premium.
Structure2 observed legs
Expiration2026-08-21
Premium$86.59M
First leg contracts4,901
First leg price$89.35
First leg sentimentBEARISH
Why traders are watching
This classification comes from the actual option-event tape, including the execution pattern and strategy type, rather than being inferred from end-of-day chain volume.
What the data does not prove
A classified trade does not reveal the trader’s full portfolio, hedge, or final intent. Multi-leg sentiment can differ by leg and should not be reduced to a single directional claim.
Snapshot generated Aug 22, 2026 8:31 AM CDT. Market data and model estimates only—not investment advice.
