Sunday, October 18

MSFT options

MSFT fundamentals

MSFT$526.83delayed

Call-heavy / bullish

ATM IV· 1d

19.2%

Exp. move ±1σ

±$5.30

Max pain

$535

P/C ratio (OI)· whole chain

0.58

Skew

Downside (puts bid)

Dealer GEX· negative · volatile

−$44.1M

Expiry

21 expiries · 3618 contracts

Smile / skew· Oct 19 '26free CBOE chain · delayed ~15m

Chain · Oct 19 '26Calls / Puts

OI	Vol	IV	Δ	Bid	Ask	Strike	Bid	Ask	Δ	IV	Vol	OI
16	0	36%	0.98	30.55	33.55	$497.50	0.04	0.34	-0.02	36%	5	35
76	68	31%	0.98	28.65	30.25	$500	0.07	0.11	-0.02	30%	1879	397
4	6	32%	0.98	25.55	28.60	$502.50	0.05	0.15	-0.02	28%	43	131
37	32	—	0.97	23.10	25.50	$505	0.06	0.20	-0.03	27%	661	223
87	54	30%	0.96	20.95	23.50	$507.50	0.05	0.25	-0.04	25%	277	79
29	118	21%	0.95	18.90	20.00	$510	0.22	0.26	-0.05	25%	1403	372
37	10	24%	0.93	15.85	18.50	$512.50	0.30	0.38	-0.07	24%	834	174
67	99	27%	0.90	13.25	16.10	$515	0.42	0.60	-0.10	23%	2272	305
20	88	25%	0.87	11.90	13.80	$517.50	0.61	0.91	-0.13	22%	1507	237
50	94	21%	0.82	9.80	10.65	$520	0.92	1.20	-0.18	21%	5137	767
19	120	20%	0.76	7.75	8.55	$522.50	1.31	1.54	-0.24	21%	3781	359
91	857	20%	0.68	5.95	6.60	$525	1.93	2.46	-0.32	20%	3580	724
65	1015	19%	0.58	3.70	4.80	$527.50	2.74	3.40	-0.42	20%	2464	255
225	3795	19%	0.48	3.05	3.40	$530	3.80	4.25	-0.53	19%	2462	726
196	2437	18%	0.37	2.00	2.25	$532.50	5.10	5.95	-0.64	19%	989	601
279	3538	18%	0.27	1.20	1.46	$535	6.75	7.55	-0.74	19%	1492	2441
426	2398	18%	0.18	0.75	0.88	$537.50	8.65	10.30	-0.82	19%	485	577
1168	4721	18%	0.12	0.43	0.50	$540	10.75	12.70	-0.89	19%	671	407
329	1893	18%	0.07	0.25	0.30	$542.50	12.40	14.75	-0.93	20%	159	87
664	4269	19%	0.05	0.15	0.18	$545	14.85	17.20	-0.96	22%	27	106
391	819	22%	0.03	0.07	0.35	$547.50	16.75	19.70	-0.97	16%	6	65
1836	2780	21%	0.02	0.07	0.08	$550	19.30	22.20	-0.98	20%	5	448
380	668	22%	0.02	0.04	0.25	$552.50	22.25	24.65	-0.98	28%	2	7
569	1434	27%	0.01	0.01	0.24	$555	24.05	27.40	-0.99	22%	0	17
159	149	25%	0.01	0.01	0.09	$557.50	26.75	30.45	-0.99	34%	0	0

Shaded row is nearest spot.

Strategy builderOct 19 '26 · 1d

Your view

Price target

±1σ $5.30 · spot $526.83

Risk appetite

Capital budget

Max loss

Defined risk only

Bull put spread (credit) · safetyestimates · market-implied (lognormal)

Value nowsolid = expiry

P&L distribution at expiry

Probability of profit84%

Expected value+$26.19

Chance of losing16%

Max loss−$658.50

Capital at risk$658.50

Net credit$91.50

Breakeven cushion1.0% from spot

Net Δ

-1.6

Θ / day

$24.81

Vega

−$6.78

Build your own

Start from a strategy

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