Tour v297
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SHOPIFY INC A
$121.88 +1.45%
$121.87 (-0.01%)🌙
as of 07/07 07:01 PM
◀ 7/7 19:01 ▶

Option Volume

Detail
ℹ
Current (07/07) 36,506
Calls: 15,707 (43%)
Puts: 20,799 (57%)
Prior (07/06) 29,626
Calls: 15,609 (53%)
Puts: 14,017 (47%)
Current vs Prior +23.22%
Calls: +0.63% (Calls)
Puts: +48.38% (Puts)
Prior 7-Day Total 220,494
Calls: 114,160 (52%)
Puts: 106,334 (48%)
Prior 7-Day Average 31,499
Calls: 16,308 (52%)
Puts: 15,190 (48%)
Current vs Prior 7-Day Avg +15.90%
Calls: -3.69%
Puts: +36.92%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/07) $12.60M
Calls: $8.61M (68%)
Puts: $3.99M (32%)
Prior (07/06) $10.33M
Calls: $7.25M (70%)
Puts: $3.07M (30%)
Current vs Prior +22.04%
Calls: +18.69%
Puts: +29.96%
Prior 7-Day Total $75.21M
Calls: $50.07M (67%)
Puts: $25.13M (33%)
Prior 7-Day Average $10.74M
Calls: $7.15M (67%)
Puts: $3.59M (33%)
Current vs Prior 7-Day Avg +17.30%
Calls: +20.32%
Puts: +11.27%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/07) 1.32
Prior (07/06) 0.90
Current vs Prior +47.46%
Prior 7-Day Average 0.92
Current vs Prior 7-Day Avg +44.05%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/07) 468,847
Calls: 329,223 (70%)
Puts: 139,624 (30%)
Prior (07/06) 534,760
Calls: 398,090 (74%)
Puts: 136,670 (26%)
Current vs Prior -12.33%
Prior 7-Day Total 3,597,711
Calls: 2,606,127 (72%)
Puts: 991,584 (28%)
Prior 7-Day Average 513,958
Calls: 372,303 (72%)
Puts: 141,654 (28%)
Current vs Prior 7-Day Avg -8.78%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 5.36% | 8.39%8.39% | 22.11%
Prior 5.68% | 8.64%8.64% | 22.11%
Current vs Prior -5.76% | -2.85%-2.85% | +0.02%
Prior 7-Day Avg 4.89% | 8.23%8.64% | 22.11%
Current vs 7-Day Avg +9.49% | +1.99%-2.85% | +0.02%
Prior 7-Day Eod 5.69% | 8.64%-- | --
Current vs 7-Day Eod -5.76% | -2.85%-- | --
Sentiment BULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 10.57% | 5.39%
Calls: 9.38% | 4.22%
Puts: 11.76% | 6.56%
Prior 10.57% | 5.39%
Calls: 9.38% | 4.22%
Puts: 11.76% | 6.56%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 13.06% | 8.96%
Calls: 12.00% | 8.13%
Puts: 14.13% | 9.78%
Current vs 7-Day Avg -19.09% | -39.81%
Liquidity Pricy
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🤖 AI Insights

Moderately bullish flow with 68% call dollar volume ($8.61M). Bearish P/C ratio of 1.32 indicates protective positioning. P/C ratio rising 47% - increased hedging/bearish positioning. Call-heavy open interest (329,223 calls vs 139,624 puts) suggests bullish positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
⏰ Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
⚡ Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 24 of results (avg 8.1%, best 3.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 218.609.20$8.906.7%620.451.3K
$125.00Jul 173.403.65$3.537.1%8680.422.4K
$120.00Jul 103.954.25$4.107.3%5200.624.1K
$122.00Jul 102.863.10$2.988.1%2560.51456
$140.00Aug 215.656.15$5.908.5%2170.341.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Aug 2113.0513.45$13.253.0%890.49482
$122.00Jul 174.705.00$4.856.2%130.48118
$130.00Aug 2116.0517.10$16.586.3%630.5551
$121.00Jul 174.254.55$4.406.8%160.4557
$110.00Aug 216.056.50$6.287.2%300.29535

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 5 found (avg $0.77, cheapest $0.55)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Jul 100.500.61$0.5520.0%1.0K0.151.0K
$129.00Jul 100.650.79$0.7219.4%1920.18236
$128.00Jul 100.820.94$0.8813.6%1710.22397
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Jul 100.700.85$0.7719.5%4490.18823
$116.00Jul 100.860.99$0.9314.0%1040.21102

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 106 found (avg delta 0.70, highest 0.98)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$106.00Jul 1014.1517.30$15.7320.0%10.98--
$109.00Jul 1012.0514.25$13.1516.7%10.96--
$100.00Jul 1721.2023.45$22.3310.1%150.96--
$110.00Jul 1011.3513.35$12.3516.2%70.95104
$103.00Jul 1718.0020.60$19.3013.5%10.9429
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Jul 1722.0524.50$23.2810.5%200.93--
$133.00Jul 1010.1012.35$11.2320.0%260.92--
$140.00Jul 1716.3520.00$18.1820.1%20.91--
$128.00Jul 106.207.45$6.8318.3%50.78--
$127.00Jul 105.556.75$6.1519.5%150.748

Most actively traded options today. High liquidity = easy entry/exit. 295 active (total vol 19.7K, top 1.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Jul 100.500.61$0.5520.0%1.0K0.151.0K
$125.00Jul 173.403.65$3.537.1%8680.422.4K
$125.00Jul 101.601.78$1.6910.7%8630.351.7K
$140.00Jul 170.290.55$0.4261.9%8610.084.7K
$126.00Jul 101.301.48$1.3912.9%7680.30460
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Jul 100.700.85$0.7719.5%4490.18823
$115.00Jul 172.012.39$2.2017.3%3760.271.3K
$118.00Jul 244.104.95$4.5318.8%3690.388
$110.00Jul 170.751.27$1.0151.5%3040.152.9K
$105.00Jul 100.000.10$0.05200.0%2580.022.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 29 strikes (avg 30.4%, max 144.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$145.00Jul 10Aug 21105.1%69.9%50.4%2841.0K
$136.00Jul 10Jul 2484.6%63.0%34.2%304197
$106.00Jul 10Jul 2475.9%61.6%23.2%41--
$116.00Jul 10Jul 2470.9%60.5%17.3%2329
$112.00Jul 10Jul 2473.9%63.8%15.8%55--
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$98.00Jul 10Jul 31159.7%65.2%144.8%177548
$104.00Jul 10Aug 7160.4%72.1%122.5%136101
$102.00Jul 10Aug 7172.5%78.3%120.4%5951
$100.00Jul 10Aug 21135.1%71.4%89.3%653.7K
$103.00Jul 10Jul 31116.7%65.0%79.5%148164

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 180 found (best R:R 28.41, avg 2.62)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$140.00$145.00Jul 17$0.17$4.83$0.1728.41$140.17
$140.00$145.00Jul 24$0.51$4.49$0.518.80$140.51
$130.00$131.00Jul 10$0.11$0.89$0.118.09$130.11
$131.00$132.00Jul 24$0.11$0.89$0.118.09$131.11
$135.00$140.00Jul 17$0.59$4.41$0.597.47$135.59
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$107.00$105.00Jul 24$0.12$1.88$0.1215.67$106.88
$113.00$112.00Jul 10$0.11$0.89$0.118.09$112.89
$104.00$103.00Jul 24$0.11$0.89$0.118.09$103.89
$110.00$108.00Jul 24$0.22$1.78$0.228.09$109.78
$100.00$99.00Jul 31$0.11$0.89$0.118.09$99.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 223 found (best R:R 16.65, avg 1.42)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$105.00$108.00Jul 31$2.83$2.83$0.1716.65$107.83
$100.00$102.00Jul 24$1.85$1.85$0.1512.33$101.85
$109.00$110.00Jul 24$0.88$0.88$0.127.33$109.88
$111.00$112.00Jul 24$0.88$0.88$0.127.33$111.88
$110.00$111.00Jul 24$0.87$0.87$0.136.69$110.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$133.00$128.00Jul 10$4.40$4.40$0.607.33$128.60
$140.00$130.00Jul 17$8.43$8.43$1.575.37$131.57
$104.00$103.00Jul 10$0.83$0.83$0.174.88$103.17
$102.00$101.00Jul 10$0.82$0.82$0.184.56$101.18
$127.00$126.00Jul 10$0.80$0.80$0.204.00$126.20

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 64 found (avg debit $2.00, cheapest $0.08)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$145.00Jul 10Jul 17$0.09105.1%61.8%
$140.00Jul 10Jul 17$0.3477.0%58.3%
$104.00Jul 17Jul 24$0.5069.3%67.3%
$100.00Jul 17Jul 24$0.6071.8%65.6%
$135.00Jul 10Jul 17$0.8568.7%60.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$103.00Jul 10Jul 17$0.08116.7%66.7%
$101.00Jul 10Jul 17$0.10124.0%72.4%
$99.00Jul 24Jul 31$0.4067.5%64.6%
$105.00Jul 10Jul 17$0.4679.2%66.9%
$107.00Jul 10Jul 17$0.5375.1%63.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 93 found (cheapest 4.91% of stock, avg 13.29%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$122.00Jul 10$2.98$3.00$5.98$116.02$127.984.91%
$121.00Jul 10$3.53$2.50$6.03$114.97$127.034.95%
$123.00Jul 10$2.46$3.63$6.09$116.91$129.095.00%
$120.00Jul 10$4.10$2.09$6.19$113.81$126.195.08%
$124.00Jul 10$2.06$4.20$6.26$117.74$130.265.14%
$125.00Jul 10$1.69$4.72$6.41$118.59$131.415.26%
$119.00Jul 10$4.75$1.77$6.52$112.48$125.525.35%
$126.00Jul 10$1.39$5.35$6.74$119.26$132.745.53%
$118.00Jul 10$5.45$1.39$6.84$111.16$124.845.61%
$127.00Jul 10$1.12$6.15$7.27$119.73$134.275.96%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 2.06% of stock, avg 10.19%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$127.00$118.00Jul 10$1.12$1.39$2.51$115.49$129.51
$126.00$118.00Jul 10$1.39$1.39$2.78$115.22$128.78
$127.00$119.00Jul 10$1.12$1.77$2.89$116.11$129.89
$125.00$118.00Jul 10$1.69$1.39$3.08$114.92$128.08
$126.00$119.00Jul 10$1.39$1.77$3.16$115.84$129.16
$127.00$120.00Jul 10$1.12$2.09$3.21$116.79$130.21
$140.00$118.00Jul 17$0.42$3.00$3.42$114.58$143.42
$124.00$118.00Jul 10$2.06$1.39$3.45$114.55$127.45
$125.00$119.00Jul 10$1.69$1.77$3.46$115.54$128.46
$126.00$120.00Jul 10$1.39$2.09$3.48$116.52$129.48

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 200 found (best R:R 22.08, avg credit $1.82)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
100/103108/111Jul 31$2.87$0.1322.08$100.13$110.87
115/118128/130Aug 14$2.86$0.1420.43$115.14$130.86
105/106108/111Jul 31$2.84$0.1617.75$103.16$110.84
125/130135/140Aug 21$4.71$0.2916.24$125.29$139.71
110/115125/130Aug 21$4.70$0.3015.67$110.30$129.70
115/118124/125Aug 14$2.81$0.1914.79$115.19$126.81
120/123126/127Aug 14$2.80$0.2014.00$120.20$128.80
103/104115/120Jul 31$4.63$0.3712.51$99.37$119.63
115/120125/130Aug 21$4.60$0.4011.50$115.40$129.60
125/130140/145Aug 21$4.60$0.4011.50$125.40$144.60

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 84 found (best R:R 44.45, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$135.00$140.00$145.00Aug 21$0.11$4.8944.45
$111.00$113.00$115.00Jul 31$0.05$1.9539.00
$110.00$115.00$120.00Aug 21$0.21$4.7922.81
$130.00$135.00$140.00Aug 21$0.24$4.7619.83
$118.00$119.00$120.00Jul 10$0.05$0.9519.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$110.00$111.00$112.00Jul 10$0.06$0.9415.67
$108.00$109.00$110.00Jul 17$0.06$0.9415.67
$113.00$114.00$115.00Jul 24$0.07$0.9313.29
$115.00$116.00$117.00Jul 10$0.08$0.9211.50
$119.00$120.00$121.00Jul 10$0.09$0.9110.11

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 83 found (best net $-4.93, 78 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$100.00$114.001:2Aug 7-$4.93$9.07
$130.00$135.001:2Jul 17$0.00$5.00
$140.00$145.001:2Jul 17-$0.08$4.92
$140.00$145.001:2Jul 24-$0.20$4.80
$140.00$145.001:2Jul 10-$0.24$4.76
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$140.00$130.001:2Jul 17-$1.32$8.68
$140.00$128.001:2Aug 14-$6.61$5.39
$105.00$100.001:2Aug 14-$0.93$4.07
$105.00$100.001:2Aug 21-$1.78$3.22
$133.00$128.001:2Jul 10-$2.43$2.57

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 76 found (best yield 8.78%, avg 3.68%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$122.00Aug 14$10.700.550.1%8.78%8.88%62
$125.00Aug 21$10.450.522.6%8.57%11.13%291.2K
$123.00Aug 14$10.200.540.9%8.37%9.29%7--
$124.00Aug 14$10.050.531.7%8.25%9.99%46
$123.00Aug 7$9.450.540.9%7.75%8.67%3--
$122.00Aug 7$9.200.560.1%7.55%7.65%34
$126.00Aug 14$9.050.503.4%7.43%10.81%4--
$124.00Aug 7$8.900.531.7%7.30%9.04%115
$125.00Aug 14$8.850.512.6%7.26%9.82%771
$125.00Aug 7$8.700.512.6%7.14%9.70%2420

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 15,707
Total Puts 20,799
Put/Call Ratio 1.32
Net Difference -5,092

Prior's Put/Call Breakdown

Total Calls 15,609
Total Puts 14,017
Put/Call Ratio 0.90
Net Difference 1,592

Prior 7-Day Put/Call Summary

Total Calls 114,160
Total Puts 106,334
Average Put/Call Ratio 0.92
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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