MSFT260116P00595000 Option on Microsoft

MSFT Stock

USD 483.16 2.32 0.48%

Microsoft's latest option contracts expiring on February 20th 2026 are carrying combined implied volatility of 0.32 with a put-to-call open interest ratio of 0.26 over 154 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on February 20th 2026. The total put volume is at 4.7 K, with calls trading at the volume of 10.5 K. This yields a 0.45 put-to-call volume ratio.

Open Interest Against February 20th 2026 Option Contracts

Microsoft option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Microsoft's lending market. For example, when Microsoft's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Microsoft, he or she must hedge the risk by shorting Microsoft stock over its option's life.

The chart above shows Microsoft's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Microsoft's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Microsoft's option, there is no secondary market available for investors to trade.

Microsoft Maximum Pain Price Across 2026-02-20 Option Contracts

Max pain occurs when Microsoft's market makers reach a net positive position across all Microsoft's options at a strike price where option holders stand to lose the most money. By contrast, Microsoft's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Microsoft

Analyzing Microsoft's in-the-money options over time can help investors to take a profitable long position in Microsoft regardless of its overall volatility. This is especially true when Microsoft's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Microsoft's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Microsoft's stock while costing only a fraction of its price.

Microsoft In The Money Call Balance

When Microsoft's strike price is surpassing the current stock price, the option contract against Microsoft stock is said to be in the money. When it comes to buying Microsoft's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.

While 'out-of-the-money' option contracts written on Microsoft are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Microsoft Current Options Market Mood

Microsoft's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Microsoft Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Microsoft's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Microsoft's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Microsoft contract

Base on the Rule 16, the options market is currently suggesting that Microsoft will have an average daily up or down price movement of about 0.02% per day over the life of the 2026-02-20 option contract. With Microsoft trading at USD 483.16, that is roughly USD 0.0966. If you think that the market is fully incorporating Microsoft's daily price movement you should consider buying Microsoft options at the current volatility level of 0.32%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Build AI portfolio with Microsoft Stock

Purchasing Microsoft options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Microsoft calls. Remember, the seller must deliver Microsoft stock to the call owner when a call is exercised.

Microsoft Option Chain

When Microsoft's strike price is surpassing the current stock price, the option contract against Microsoft stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.

2026-02-20 2026-01-16

Microsoft's option chain is a display of a range of information that helps investors for ways to trade options on Microsoft. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Microsoft. It also shows strike prices and maturity days for a Microsoft against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.

		Open Int	Strike Price	Current Spread	Last Price
Call	MSFT260220C00720000	4332	720.0	0.05 - 0.1	0.05	Out
Call	MSFT260220C00700000	18463	700.0	0.05 - 0.13	0.09	Out
Call	MSFT260220C00680000	1668	680.0	0.16 - 0.19	0.15	Out
Call	MSFT260220C00675000	375	675.0	0.0 - 0.23	0.21	Out
Call	MSFT260220C00670000	156	670.0	0.0 - 0.24	0.28	Out
Call	MSFT260220C00665000	190	665.0	0.01 - 0.48	0.31	Out
Call	MSFT260220C00660000	118	660.0	0.23 - 0.48	0.33	Out
Call	MSFT260220C00655000	99	655.0	0.25 - 0.33	0.31	Out
Call	MSFT260220C00650000	3314	650.0	0.31 - 0.37	0.34	Out
Call	MSFT260220C00645000	232	645.0	0.01 - 0.43	0.39	Out
Call	MSFT260220C00640000	239	640.0	0.01 - 0.48	0.49	Out
Call	MSFT260220C00635000	447	635.0	0.23 - 0.71	0.41	Out
Call	MSFT260220C00630000	1120	630.0	0.33 - 0.6	0.58	Out
Call	MSFT260220C00625000	416	625.0	0.32 - 0.88	0.62	Out
Call	MSFT260220C00620000	1042	620.0	0.62 - 1.03	0.75	Out
Call	MSFT260220C00615000	1339	615.0	0.65 - 1.24	0.87	Out
Call	MSFT260220C00610000	2199	610.0	0.45 - 0.95	0.95	Out
Call	MSFT260220C00605000	786	605.0	0.96 - 1.07	1.28	Out
Call	MSFT260220C00600000	19013	600.0	1.11 - 1.4	1.17	Out
Call	MSFT260220C00595000	803	595.0	1.07 - 1.37	1.39	Out
Call	MSFT260220C00590000	2545	590.0	1.46 - 1.56	1.68	Out
Call	MSFT260220C00585000	2276	585.0	1.47 - 1.77	1.74	Out
Call	MSFT260220C00580000	1289	580.0	1.92 - 2.03	2.08	Out
Call	MSFT260220C00575000	1193	575.0	2.18 - 2.32	2.56	Out
Call	MSFT260220C00570000	3626	570.0	2.34 - 2.66	2.87	Out
Call	MSFT260220C00565000	938	565.0	2.96 - 4.1	3.15	Out
Call	MSFT260220C00560000	5175	560.0	3.35 - 3.55	3.9	Out
Call	MSFT260220C00555000	1813	555.0	3.9 - 5.05	4.35	Out
Call	MSFT260220C00550000	8433	550.0	4.5 - 4.65	4.6	Out
Call	MSFT260220C00545000	23014	545.0	5.15 - 5.65	5.3	Out
Call	MSFT260220C00540000	4821	540.0	5.85 - 6.65	6.0	Out
Call	MSFT260220C00535000	1085	535.0	6.05 - 8.0	7.05	Out
Call	MSFT260220C00530000	2774	530.0	6.8 - 8.35	7.8	Out
Call	MSFT260220C00525000	1245	525.0	8.0 - 9.15	9.15	Out
Call	MSFT260220C00520000	3137	520.0	9.5 - 10.4	10.33	Out
Call	MSFT260220C00515000	1909	515.0	11.2 - 11.8	11.7	Out
Call	MSFT260220C00510000	14620	510.0	13.05 - 14.2	13.2	Out
Call	MSFT260220C00505000	2295	505.0	14.65 - 15.5	15.14	Out
Call	MSFT260220C00500000	4502	500.0	16.5 - 16.8	16.7	Out
Call	MSFT260220C00495000	2270	495.0	18.0 - 19.5	18.71	Out
Call	MSFT260220C00490000	1478	490.0	20.0 - 21.65	21.0	Out
Call	MSFT260220C00485000	1038	485.0	23.0 - 23.35	23.15	Out
Call	MSFT260220C00480000	31043	480.0	24.6 - 27.05	25.82	Out
Call	MSFT260220C00475000	505	475.0	28.0 - 28.85	29.4	In
Call	MSFT260220C00470000	486	470.0	31.0 - 31.8	31.15	In
Call	MSFT260220C00465000	268	465.0	33.7 - 34.8	36.32	In
Call	MSFT260220C00460000	305	460.0	36.2 - 37.95	40.15	In
Call	MSFT260220C00455000	115	455.0	40.2 - 41.3	42.5	In
Call	MSFT260220C00450000	374	450.0	43.65 - 44.8	44.2	In
Call	MSFT260220C00445000	94	445.0	47.35 - 48.5	48.09	In
Call	MSFT260220C00440000	159	440.0	50.6 - 52.35	55.5	In
Call	MSFT260220C00435000	95	435.0	54.95 - 56.3	59.5	In
Call	MSFT260220C00430000	107	430.0	58.85 - 60.35	62.65	In
Call	MSFT260220C00425000	39	425.0	63.15 - 64.45	70.35	In
Call	MSFT260220C00420000	99	420.0	66.85 - 68.75	71.9	In
Call	MSFT260220C00415000	245	415.0	71.6 - 73.05	75.94	In
Call	MSFT260220C00410000	176	410.0	75.95 - 77.35	77.0	In
Call	MSFT260220C00405000	54	405.0	80.15 - 81.75	84.4	In
Call	MSFT260220C00400000	183	400.0	84.65 - 86.3	85.95	In
Call	MSFT260220C00395000	31	395.0	89.2 - 90.95	92.4	In
Call	MSFT260220C00390000	28	390.0	93.8 - 95.55	96.32	In
Call	MSFT260220C00385000	15	385.0	98.5 - 100.2	102.8	In
Call	MSFT260220C00380000	17	380.0	102.95 - 105.2	109.98	In
Call	MSFT260220C00375000	30	375.0	107.3 - 110.5	113.81	In
Call	MSFT260220C00370000	15	370.0	112.05 - 115.25	116.51	In
Call	MSFT260220C00365000	1	365.0	116.9 - 120.25	167.45	In
Call	MSFT260220C00360000	250	360.0	121.65 - 124.85	135.9	In
Call	MSFT260220C00355000	4	355.0	126.45 - 129.85	130.36	In
Call	MSFT260220C00350000	28	350.0	131.4 - 134.55	131.0	In
Call	MSFT260220C00345000	1	345.0	136.2 - 139.35	168.95	In
Call	MSFT260220C00340000	22	340.0	141.0 - 144.2	140.82	In
Call	MSFT260220C00335000	2	335.0	145.9 - 149.25	148.6	In
Call	MSFT260220C00330000	21	330.0	150.6 - 154.15	162.2	In
Call	MSFT260220C00325000	12	325.0	155.45 - 158.35	154.25	In
Call	MSFT260220C00320000	17	320.0	160.65 - 163.35	170.05	In
Call	MSFT260220C00315000	1	315.0	165.55 - 168.8	177.59	In
Call	MSFT260220C00310000	7	310.0	170.5 - 173.1	182.47	In
Call	MSFT260220C00305000	8	305.0	175.4 - 178.6	169.16	In
Call	MSFT260220C00300000	48	300.0	180.15 - 183.5	191.68	In
Call	MSFT260220C00295000	14	295.0	185.3 - 188.45	178.88	In
Call	MSFT260220C00290000	30	290.0	190.25 - 192.7	200.39	In
Call	MSFT260220C00285000	16	285.0	194.9 - 198.25	189.91	In
Call	MSFT260220C00280000	28	280.0	199.7 - 203.2	210.24	In
Call	MSFT260220C00275000	5	275.0	204.75 - 207.5	211.49	In
Put	MSFT260220P00275000	326	275.0	0.04 - 0.2	0.21	Out
Put	MSFT260220P00280000	114	280.0	0.01 - 0.22	0.18	Out
Put	MSFT260220P00285000	46	285.0	0.01 - 0.25	0.33	Out
Put	MSFT260220P00290000	38	290.0	0.01 - 0.27	0.37	Out
Put	MSFT260220P00295000	30	295.0	0.02 - 0.3	0.24	Out
Put	MSFT260220P00300000	86	300.0	0.07 - 0.52	0.28	Out
Put	MSFT260220P00305000	54	305.0	0.09 - 0.37	0.32	Out
Put	MSFT260220P00310000	37	310.0	0.33 - 0.41	0.3	Out
Put	MSFT260220P00315000	40	315.0	0.38 - 0.46	0.46	Out
Put	MSFT260220P00320000	31	320.0	0.23 - 0.66	0.8	Out
Put	MSFT260220P00325000	80	325.0	0.49 - 0.58	0.51	Out
Put	MSFT260220P00330000	1088	330.0	0.56 - 0.84	0.67	Out
Put	MSFT260220P00335000	113	335.0	0.44 - 0.87	0.71	Out
Put	MSFT260220P00340000	79	340.0	0.73 - 0.81	0.79	Out
Put	MSFT260220P00345000	315	345.0	0.83 - 0.9	0.82	Out
Put	MSFT260220P00350000	296	350.0	0.95 - 1.03	0.87	Out
Put	MSFT260220P00355000	149	355.0	1.08 - 1.16	1.03	Out
Put	MSFT260220P00360000	147	360.0	1.01 - 1.51	1.11	Out
Put	MSFT260220P00365000	164	365.0	0.96 - 1.67	1.29	Out
Put	MSFT260220P00370000	137	370.0	1.12 - 1.87	1.51	Out
Put	MSFT260220P00375000	289	375.0	1.13 - 1.9	1.62	Out
Put	MSFT260220P00380000	104	380.0	1.84 - 2.29	1.81	Out
Put	MSFT260220P00385000	376	385.0	1.93 - 2.64	2.08	Out
Put	MSFT260220P00390000	277	390.0	2.19 - 2.76	2.39	Out
Put	MSFT260220P00395000	376	395.0	2.77 - 3.1	3.0	Out
Put	MSFT260220P00400000	1377	400.0	3.4 - 3.5	3.38	Out
Put	MSFT260220P00405000	554	405.0	3.85 - 4.0	3.4	Out
Put	MSFT260220P00410000	790	410.0	4.35 - 4.55	4.1	Out
Put	MSFT260220P00415000	948	415.0	4.95 - 5.15	5.05	Out
Put	MSFT260220P00420000	694	420.0	4.4 - 5.85	5.8	Out
Put	MSFT260220P00425000	1961	425.0	6.3 - 6.6	6.45	Out
Put	MSFT260220P00430000	1062	430.0	6.05 - 7.5	7.35	Out
Put	MSFT260220P00435000	973	435.0	7.75 - 8.45	8.2	Out
Put	MSFT260220P00440000	3739	440.0	9.05 - 9.55	9.3	Out
Put	MSFT260220P00445000	2245	445.0	8.9 - 10.8	10.7	Out
Put	MSFT260220P00450000	1957	450.0	11.2 - 12.15	11.85	Out
Put	MSFT260220P00455000	2833	455.0	13.25 - 13.65	13.5	Out
Put	MSFT260220P00460000	2186	460.0	14.6 - 15.3	14.2	Out
Put	MSFT260220P00465000	1158	465.0	16.4 - 17.1	16.55	Out
Put	MSFT260220P00470000	2401	470.0	17.7 - 19.9	18.0	Out
Put	MSFT260220P00475000	1871	475.0	19.85 - 21.2	21.04	Out
Put	MSFT260220P00480000	2249	480.0	22.85 - 24.0	22.85	Out
Put	MSFT260220P00485000	1532	485.0	24.95 - 26.4	24.05	In
Put	MSFT260220P00490000	1471	490.0	27.6 - 29.45	28.4	In
Put	MSFT260220P00495000	1705	495.0	30.9 - 31.9	31.19	In
Put	MSFT260220P00500000	2525	500.0	33.9 - 35.1	31.25	In
Put	MSFT260220P00505000	833	505.0	36.2 - 38.15	35.25	In
Put	MSFT260220P00510000	1269	510.0	39.7 - 41.25	39.93	In
Put	MSFT260220P00515000	683	515.0	43.0 - 44.9	42.35	In
Put	MSFT260220P00520000	993	520.0	46.7 - 48.8	45.74	In
Put	MSFT260220P00525000	568	525.0	51.2 - 52.45	50.56	In
Put	MSFT260220P00530000	367	530.0	55.25 - 56.65	52.57	In
Put	MSFT260220P00535000	642	535.0	59.25 - 60.7	61.5	In
Put	MSFT260220P00540000	199	540.0	63.6 - 64.75	52.1	In
Put	MSFT260220P00545000	199	545.0	67.8 - 69.25	58.15	In
Put	MSFT260220P00550000	127	550.0	72.3 - 73.5	69.0	In
Put	MSFT260220P00555000	64	555.0	76.95 - 78.6	73.3	In
Put	MSFT260220P00560000	38	560.0	80.5 - 83.25	71.05	In
Put	MSFT260220P00565000	4	565.0	85.95 - 88.0	75.3	In
Put	MSFT260220P00570000	4	570.0	90.7 - 93.4	83.35	In
Put	MSFT260220P00645000	0	645.0	164.95 - 167.85	105.55	In
Put	MSFT260220P00650000	0	650.0	170.45 - 172.95	114.4	In
Put	MSFT260220P00655000	0	655.0	175.55 - 178.15	111.7	In
Put	MSFT260220P00660000	0	660.0	180.0 - 183.45	122.35	In
Put	MSFT260220P00665000	0	665.0	185.0 - 188.3	185.0	In
Put	MSFT260220P00670000	0	670.0	190.5 - 192.95	129.44	In
Put	MSFT260220P00675000	0	675.0	195.1 - 198.5	195.1	In
Put	MSFT260220P00680000	0	680.0	199.95 - 203.3	199.95	In
Put	MSFT260220P00700000	0	700.0	220.5 - 222.95	220.5	In
Put	MSFT260220P00720000	0	720.0	239.95 - 243.25	239.95	In

Microsoft Selling And Marketing Expenses Over Time

Selling And Marketing Expenses

Timeline

Microsoft Total Stockholder Equity

Total Stockholder Equity

360.65 Billion

At this time, Microsoft's Total Stockholder Equity is comparatively stable compared to the past year.

Microsoft Corporate Management

Hossein Nowbar	Chief Officer	Profile
Christopher Young	Strategy Development	Profile
Takeshi Numoto	Executive Officer	Profile
Rajesh Jha	Executive Devices	Profile
Judson Althoff	Executive Business	Profile

Additional Tools for Microsoft Stock Analysis

When running Microsoft's price analysis, check to measure Microsoft's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Microsoft is operating at the current time. Most of Microsoft's value examination focuses on studying past and present price action to predict the probability of Microsoft's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microsoft's price. Additionally, you may evaluate how the addition of Microsoft to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC