MicroStrategy Shares Down $6.92 to $179.90
Mixed options sentiment in MicroStrategy (MSTR), with shares down $6.92 near $179.90. Options volume roughly in line with average with 401k contracts traded and calls leading puts for a put/call ratio of 0.67, compared to a typical level near 0.58. Implied volatility (IV30) dropped 1.74 near 64.57,and below the 52wk median, suggesting an expected daily move of $7.32. Put-call skew steepened, indicating increased demand for downside protection.
