MicroStrategy (MSTR)
MicroStrategy Max Pain By Strike
MSTR trades at $363.58, 2.4% below the near-term max pain of $372.5 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($115-$430), signaling increased put positioning or downside protection. Key magnetic zone at 380 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
MicroStrategy Max Pain By Expiry
Max pain for MSTR shows a downward trend from 430 to 115, indicating bearish sentiment or hedging activity. The 92% spread signals divergent expectations across timeframes. Levels distributed around 363.58. Strong magnetic level at 380 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 22, 2025 | 372.5 | 8.92 (2.45%) |
| Aug 29, 2025 | 400 | 36.42 (10.02%) |
| Sep 5, 2025 | 410 | 46.42 (12.77%) |
| Sep 12, 2025 | 420 | 56.42 (15.52%) |
| Sep 19, 2025 | 380 | 16.42 (4.52%) |
| Sep 26, 2025 | 430 | 66.42 (18.27%) |
| Oct 17, 2025 | 375 | 11.42 (3.14%) |
| Nov 21, 2025 | 380 | 16.42 (4.52%) |
| Dec 19, 2025 | 115 | -248.58 (-68.37%) |
| Jan 16, 2026 | 120 | -243.58 (-66.99%) |
| Feb 20, 2026 | 380 | 16.42 (4.52%) |
| Mar 20, 2026 | 380 | 16.42 (4.52%) |
| Apr 17, 2026 | 350 | -13.58 (-3.74%) |
| Jun 18, 2026 | 235 | -128.58 (-35.36%) |
| Sep 18, 2026 | 400 | 36.42 (10.02%) |
| Dec 18, 2026 | 330 | -33.58 (-9.24%) |
| Jan 15, 2027 | 300 | -63.58 (-17.49%) |
| Jun 17, 2027 | 340 | -23.58 (-6.49%) |
| Sep 17, 2027 | 380 | 16.42 (4.52%) |
| Dec 17, 2027 | 370 | 6.42 (1.77%) |