Whales with plenty of money to spend have taken a decidedly bullish stance Microstrategy.

View options history for MicroStrategy MSTR We discovered 92 trades.

If we consider the specifics of each trade, it is fair to say that 38% of investors opened trades with bullish expectations and 38% with bearish expectations.

Of the total trades spotted, 30 are puts totaling $1,469,918 and 62 are calls totaling $3,834,945.

Forecasted price targets

When analyzing the volume and open interest in these contracts, it appears that the major players were eyeing a $100.0 to $420.0 pricing window for MicroStrategy last quarter.

Analyzing volume and open interest

Examining volume and open interest provides important insights into stock analysis. This information is critical to assessing the liquidity and interest levels for MicroStrategy's options at specific exercise prices. Below we present a snapshot of volume and open interest trends for calls and puts on MicroStrategy's significant trades within a strike price range of $100.0 to $420.0 over the past month.

MicroStrategy Options Activity Analysis: Last 30 Days

Significant options trades discovered:

About MicroStrategy

MicroStrategy Inc. is a provider of business analytics and mobility software. It offers a MicroStrategy Analytics platform that delivers reports and dashboards, enabling users to conduct ad hoc analysis and share insights via mobile devices or the web; MicroStrategy Server, which provides analytical processing and order management. The Company's reportable operating segment is engaged in the design, development, marketing and sales of its software platform through licensing agreements and cloud-based subscriptions and related services.

After a thorough review of options trading surrounding MicroStrategy, we move on to examining the company in more detail. This also includes an assessment of the current market status and performance.

Current market status of MicroStrategy

• Trading volume stands at 7,885,035, with the price of MSTR increasing by 5.75% to $224.82.
• RSI indicators suggest that the stock may be overbought.
• Earnings announcement is expected in 16 days.

What analysts say about MicroStrategy

In the last month, 4 experts have published ratings on this stock with an average price target of $209.0.

Unusual options activity detected: Smart money on the move

Benzinga Edge's Unusual Options Board identifies potential market drivers before they happen. See what positions the big money is taking on your favorite stocks. Click here for access. * A Barclays analyst has decided to maintain his “Overweight” rating on MicroStrategy, which currently sits at a price target of $173. * A Canaccord Genuity analyst maintains a Buy rating on MicroStrategy with a price target of $173. * A Bernstein analyst consistently maintains an Outperform rating on MicroStrategy with a price target of $290. * An analyst at TD Cowen maintains his stance and maintains a Buy rating on MicroStrategy, targeting a price of $200.

Options are a riskier asset compared to just trading stocks, but offer higher profit potential. Reputable options traders manage this risk by educating themselves daily, entering and exiting trades, tracking more than one indicator, and closely following the markets.

If you want to stay up-to-date on the latest MicroStrategy options trades, Benzinga Pro provides you with real-time options trade alerts.