
Microstrategy, Inc. ($MSTR) is experiencing notable volatility ahead of its earnings report scheduled for release after market hours on October 30, 2024. The stock has seen a low of $239, hovering just above a target of approximately $236. Analysts have noted that the implied volatility for the November 1 weekly call options is at 135, while the November options stand at 123, compared to a 52-week range of 59 to 165. Following the earnings announcement, there are indications of a potential double miss, as the stock has been trading within a buy zone of $236 to $225 during after-hours trading, reflecting a negative reaction to the anticipated results.