On January 20, Eastern Time, Strategy options saw a total of 481413 contracts traded, with calls accounting for 62% and puts making up 37%.
Strategy has 2123824 contracts outstanding, with calls accounting for 56% and puts making up 43%.
The top volume gainer was the 195 dollars Call option expiring on January 23, 2026, with 17186 contracts traded.
On the news front, Based on recent key news:

1. Jan 20, MSTR announced a $2.13B Bitcoin acquisition, increasing holdings to 709,715 BTC. This aggressive purchase during a market lull signals management's conviction, but shares fell 4.81% pre-market. Source: Benzinga

2. Jan 20, Vanguard disclosed a $505M acquisition of MSTR shares, indicating institutional confidence despite recent volatility. Source: CoinMarketCap

3. Jan 21, 14 of 16 brokerages maintain 'buy' ratings on MSTR, reflecting strong analyst support amid market fluctuations. Source: BenzingaBitcoin price volatility impacts MSTR.
Please note: The chart below does not include options expiring within five days.
<img src="https://assets.lbctrl.com/h5hub/optrank/images/2026-01-21/ST_US_MSTR_en.png" alt="image" original-src="https://assets.lbctrl.com/h5hub/optrank/images/2026-01-21/ST_US_MSTR_en.png"/>

MSTR

SMST

MSTZ

07799

07399

On January 20, Eastern Time, Strategy options saw a total of 481413 contracts traded, with calls accounting for 62% and puts making up 37%.

Trending | MSTR Plummets 7% on Tuesday, Some Put options Soar 228%