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Strategy Inc 10.00% Series A Perpetual Stride Preferred Stock STRD

i

Market dataready · fetched 2026-11-12T15:07:29.878Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-20

Calculation methodology

Options historyIV: ThetaData historical Greeks, equal-weight mean of call/put 50-delta IV across the next four listed Friday-cycle expirations, including holiday shifts verified against ThetaData’s market calendar. Missing inputs leave gaps. Skew: equal-weight mean of put minus call IV across those four expirations. IV-implied move history: mean of each expiration’s average call/put IV multiplied by the square root of remaining calendar days divided by 365.25; percentage of spot, not a quoted straddle premium.

History data

PriceAlpaca · sip · 2026-11-12T15:03:43.19584535Z

FundamentalsSEC EDGAR · ready · as of 2026-09-30 · fetched 2026-11-12T15:07:29.137422+00:00

Share price$68.00
1D+0.0%
$67.54$67.76$67.99$68.21$68.435:30 AM6:30 AM9:00 AM1:00 PMSTRD
Sold putSold call

Strategy Inc 10.00% Series A Perpetual Stride Preferred Stock options

Live interpolated STRD call and put midpoint premiums by absolute delta.Strategy Inc 10.00% Series A Perpetual Stride Preferred Stock$0.33$1.10$1.86$2.63$3.39$63.42$65.73$68.04$70.35$72.6720Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80Δ20Δ C unavailable: no unambiguous, price-consistent delta bracketC —OPTION PRICELive STRD spot · $68.00STRD PRICE$0.41$0.66$0.91$1.16$1.42$1.67$1.92$2.17$2.42$2.67$2.92$3.17$0.42$0.56$0.70$0.84$0.98$1.12$1.26$1.40$1.54$1.69$1.83$1.97$2.11
PutsCheap0.79×
Calls——
Skew——
Implied moveBullish±$2.93
Tilt——
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ65.1135.5%4.9%
25Δ69.9426.6%3.5%65.5134.3%4.5%
30Δ69.5227.1%3.2%65.9133.1%4.1%
35Δ69.0927.6%3.0%66.3131.9%3.7%
40Δ68.6728.1%2.7%66.7130.7%3.3%
45Δ68.2528.6%2.5%67.1029.5%3.0%
50Δ67.8329.2%2.2%67.5028.3%2.6%
55Δ67.4129.7%1.9%67.9027.2%2.2%
60Δ66.9830.2%1.7%68.3026.0%1.8%
65Δ66.5630.7%1.4%68.6924.8%1.5%
70Δ66.1431.3%1.2%69.0923.6%1.1%
75Δ65.7231.8%0.9%69.4922.4%0.7%
80Δ65.3032.3%0.7%69.8921.2%0.3%

20Δ

Calls
Pseudo strike
IV
B/E move
Puts
Pseudo strike
65.11
IV
35.5%
B/E move
4.9%

25Δ

Calls
Pseudo strike
69.94
IV
26.6%
B/E move
3.5%
Puts
Pseudo strike
65.51
IV
34.3%
B/E move
4.5%

30Δ

Calls
Pseudo strike
69.52
IV
27.1%
B/E move
3.2%
Puts
Pseudo strike
65.91
IV
33.1%
B/E move
4.1%

35Δ

Calls
Pseudo strike
69.09
IV
27.6%
B/E move
3.0%
Puts
Pseudo strike
66.31
IV
31.9%
B/E move
3.7%

40Δ

Calls
Pseudo strike
68.67
IV
28.1%
B/E move
2.7%
Puts
Pseudo strike
66.71
IV
30.7%
B/E move
3.3%

45Δ

Calls
Pseudo strike
68.25
IV
28.6%
B/E move
2.5%
Puts
Pseudo strike
67.10
IV
29.5%
B/E move
3.0%

50Δ

Calls
Pseudo strike
67.83
IV
29.2%
B/E move
2.2%
Puts
Pseudo strike
67.50
IV
28.3%
B/E move
2.6%

55Δ

Calls
Pseudo strike
67.41
IV
29.7%
B/E move
1.9%
Puts
Pseudo strike
67.90
IV
27.2%
B/E move
2.2%

60Δ

Calls
Pseudo strike
66.98
IV
30.2%
B/E move
1.7%
Puts
Pseudo strike
68.30
IV
26.0%
B/E move
1.8%

65Δ

Calls
Pseudo strike
66.56
IV
30.7%
B/E move
1.4%
Puts
Pseudo strike
68.69
IV
24.8%
B/E move
1.5%

70Δ

Calls
Pseudo strike
66.14
IV
31.3%
B/E move
1.2%
Puts
Pseudo strike
69.09
IV
23.6%
B/E move
1.1%

75Δ

Calls
Pseudo strike
65.72
IV
31.8%
B/E move
0.9%
Puts
Pseudo strike
69.49
IV
22.4%
B/E move
0.7%

80Δ

Calls
Pseudo strike
65.30
IV
32.3%
B/E move
0.7%
Puts
Pseudo strike
69.89
IV
21.2%
B/E move
0.3%

Options history

IV · four-Friday blend21.00%
Daily EOD
STRD18.6%19.9%21.2%2026-10-20: 19.51%2026-10-21: 19.41%2026-10-22: 19.28%2026-10-23: 19.47%2026-10-26: 19.15%2026-10-27: 18.79%2026-10-30: 21.00%Oct 20Oct 23Oct 30
7 observations2026-10-20 — 2026-10-30
Table
DateIV (%)
19.51%
19.41%
19.28%
19.47%
19.15%
18.79%
21.00%