Tour v492
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SHOPIFY INC A
$147.44 +2.22%
$147.00 (-0.30%)🌙
as of 08/06 07:11 PM
8/6 19:11

Option Volume

Detail
Current (08/06) 68,930
Calls: 41,242 (60%)
Puts: 27,688 (40%)
Prior (08/05) 175,930
Calls: 99,653 (57%)
Puts: 76,277 (43%)
Current vs Prior -60.82%
Calls: -58.61% (Calls)
Puts: -63.70% (Puts)
Prior 7-Day Total 551,926
Calls: 350,350 (63%)
Puts: 201,576 (37%)
Prior 7-Day Average 78,846
Calls: 50,050 (63%)
Puts: 28,796 (37%)
Current vs Prior 7-Day Avg -12.58%
Calls: -17.60%
Puts: -3.85%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/06) $34.97M
Calls: $26.55M (76%)
Puts: $8.42M (24%)
Prior (08/05) $116.35M
Calls: $80.54M (69%)
Puts: $35.80M (31%)
Current vs Prior -69.94%
Calls: -67.03%
Puts: -76.48%
Prior 7-Day Total $326.83M
Calls: $229.80M (70%)
Puts: $97.03M (30%)
Prior 7-Day Average $46.69M
Calls: $32.83M (70%)
Puts: $13.86M (30%)
Current vs Prior 7-Day Avg -25.09%
Calls: -19.11%
Puts: -39.26%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/06) 0.67
Prior (08/05) 0.77
Current vs Prior -12.29%
Prior 7-Day Average 0.84
Current vs Prior 7-Day Avg -19.75%
Sentiment BULLISH

Open Interest

Detail
Current (08/06) 663,849
Calls: 475,415 (72%)
Puts: 188,434 (28%)
Prior (08/05) 773,059
Calls: 536,273 (69%)
Puts: 236,786 (31%)
Current vs Prior -14.13%
Prior 7-Day Total 4,161,724
Calls: 3,130,615 (75%)
Puts: 1,031,109 (25%)
Prior 7-Day Average 594,532
Calls: 447,230 (75%)
Puts: 147,301 (25%)
Current vs Prior 7-Day Avg +11.66%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 2.94% | 6.53%10.23% | 15.52%
Prior 4.84% | 7.75%9.84% | 16.74%
Current vs Prior -39.17% | -15.73%+3.89% | -7.31%
Prior 7-Day Avg 8.22% | 13.08%14.95% | 21.00%
Current vs 7-Day Avg -64.17% | -50.08%-31.60% | -26.09%
Prior 7-Day Eod 4.84% | 7.75%9.84% | 16.74%
Current vs 7-Day Eod -39.17% | -15.73%+3.89% | -7.31%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 13.13% | 20.36%
Calls: 12.93% | 28.55%
Puts: 13.33% | 12.17%
Prior 13.13% | 20.36%
Calls: 12.93% | 28.55%
Puts: 13.33% | 12.17%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 20.96% | 20.76%
Calls: 18.73% | 29.49%
Puts: 23.18% | 12.04%
Current vs 7-Day Avg -37.35% | -1.94%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 76% of dollar volume in calls ($26.55M) vs puts ($8.42M). Light premium activity with dollar volume down 70% vs prior. Below-average activity with volume down 61% vs prior. Bullish P/C ratio of 0.67.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
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 47 of results (avg 7.0%, best 2.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Aug 143.453.60$3.534.2%2960.43764
$130.00Aug 2818.7519.60$19.184.4%200.86176
$150.00Sep 188.709.15$8.935.0%2.1K0.495.6K
$118.00Aug 728.7530.25$29.505.1%51.00147
$119.00Aug 727.7529.25$28.505.3%40.98193
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Aug 214.704.80$4.752.1%2280.41100
$135.00Sep 184.304.50$4.404.5%2510.27983
$140.00Aug 141.491.60$1.557.1%5700.23149
$145.00Aug 143.203.45$3.337.5%1150.40190
$167.50Aug 719.2520.80$20.027.7%261.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.53, cheapest $0.06)

CALLS (0)
No calls meet the criteria
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$136.00Aug 70.050.06$0.0616.7%2590.021.4K
$144.00Aug 70.570.67$0.6216.1%1240.22116
$145.00Aug 70.870.96$0.929.8%3550.30622

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 143 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$118.00Aug 728.7530.25$29.505.1%51.00147
$120.00Aug 726.7528.25$27.505.5%471.00486
$122.00Aug 724.7526.25$25.505.9%501.00264
$123.00Aug 723.7525.25$24.506.1%101.00256
$125.00Aug 721.7523.00$22.385.6%900.991.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Aug 711.7513.30$12.5312.4%501.0055
$167.50Aug 719.2520.80$20.027.7%261.00--
$157.50Aug 79.3510.85$10.1014.9%250.9458
$155.00Aug 76.958.45$7.7019.5%270.91106
$152.50Aug 74.756.15$5.4525.7%1490.83118

Most actively traded options today. High liquidity = easy entry/exit. 355 active (total vol 38.9K, top 4.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Aug 70.981.05$1.026.9%4.4K0.324.6K
$160.00Sep 185.355.80$5.578.1%3.9K0.3583.8K
$150.00Sep 188.709.15$8.935.0%2.1K0.495.6K
$147.00Aug 144.255.45$4.8524.7%2.0K0.5365
$150.00Aug 214.755.15$4.958.1%1.6K0.464.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Aug 141.491.60$1.557.1%5700.23149
$138.00Aug 70.000.08$0.04200.0%5040.02152
$140.00Aug 70.100.13$0.1225.0%4470.06889
$145.00Sep 187.859.10$8.4814.7%3940.43525
$150.00Aug 217.108.10$7.6013.2%3720.55113

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 77 strikes (avg 99.4%, max 296.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$124.00Aug 7Sep 11202.9%52.8%284.6%10158
$126.00Aug 7Aug 28184.4%52.3%252.4%31366
$127.00Aug 7Aug 14160.2%58.0%176.0%68344
$129.00Aug 7Aug 28147.0%53.4%175.4%20--
$120.00Aug 7Sep 18141.3%52.0%171.8%1442.9K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$119.00Aug 7Aug 28216.4%54.6%296.2%7277
$124.00Aug 7Aug 28202.9%54.7%270.7%50310
$126.00Aug 7Sep 4184.4%51.1%261.1%61208
$127.00Aug 7Aug 28160.2%49.4%224.0%6562
$120.00Aug 7Sep 18141.3%52.0%171.8%1854.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 170 found (best R:R 24.00, avg 3.59)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$167.50$170.00Aug 14$0.10$2.40$0.1024.00$167.60
$162.50$165.00Sep 4$0.12$2.38$0.1219.83$162.62
$170.00$175.00Aug 21$0.28$4.72$0.2816.86$170.28
$170.00$175.00Aug 28$0.31$4.69$0.3115.13$170.31
$170.00$175.00Sep 4$0.31$4.69$0.3115.13$170.31
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$124.00$121.00Aug 28$0.13$2.87$0.1322.08$123.87
$130.00$128.00Aug 28$0.11$1.89$0.1117.18$129.89
$132.00$130.00Sep 4$0.11$1.89$0.1117.18$131.89
$125.00$123.00Sep 4$0.16$1.84$0.1611.50$124.84
$129.00$128.00Aug 14$0.10$0.90$0.109.00$128.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 233 found (best R:R 24.00, avg 1.79)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$120.00$125.00Aug 28$4.80$4.80$0.2024.00$124.80
$123.00$125.00Aug 21$1.87$1.87$0.1314.38$124.87
$126.00$130.00Aug 21$3.66$3.66$0.3410.76$129.66
$133.00$135.00Aug 14$1.80$1.80$0.209.00$134.80
$131.00$132.00Aug 21$0.90$0.90$0.109.00$131.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$157.50$155.00Aug 7$2.40$2.40$0.1024.00$155.10
$155.00$152.50Aug 7$2.25$2.25$0.259.00$152.75
$139.00$138.00Aug 28$0.85$0.85$0.155.67$138.15
$142.00$141.00Sep 11$0.80$0.80$0.204.00$141.20
$160.00$155.00Aug 21$3.90$3.90$1.103.55$156.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 70 found (avg debit $1.21, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$120.00Aug 7Aug 14$0.13141.3%76.3%
$122.00Aug 7Aug 14$0.13130.9%55.0%
$170.00Aug 7Aug 14$0.21111.0%56.3%
$126.00Aug 7Aug 14$0.23184.4%54.6%
$127.00Aug 7Aug 14$0.25160.2%58.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$119.00Aug 7Aug 14$0.06216.4%78.2%
$128.00Aug 7Aug 14$0.07143.1%53.4%
$129.00Aug 7Aug 14$0.12147.0%56.4%
$121.00Aug 7Aug 14$0.13136.1%69.6%
$120.00Aug 7Aug 14$0.19141.3%76.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 131 found (cheapest 2.63% of stock, avg 11.16%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$147.00Aug 7$2.18$1.70$3.88$143.12$150.882.63%
$148.00Aug 7$1.79$2.16$3.95$144.05$151.952.68%
$146.00Aug 7$2.76$1.25$4.01$141.99$150.012.72%
$145.00Aug 7$3.33$0.92$4.25$140.75$149.252.88%
$150.00Aug 7$1.02$3.55$4.57$145.43$154.573.10%
$144.00Aug 7$4.18$0.62$4.80$139.20$148.803.26%
$143.00Aug 7$4.93$0.43$5.36$137.64$148.363.64%
$152.50Aug 7$0.47$5.45$5.92$146.58$158.424.02%
$142.00Aug 7$5.63$0.31$5.94$136.06$147.944.03%
$141.00Aug 7$6.70$0.19$6.89$134.11$147.894.67%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 0.43% of stock, avg 6.21%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$155.00$143.00Aug 7$0.21$0.43$0.64$142.36$155.64
$155.00$144.00Aug 7$0.21$0.62$0.83$143.17$155.83
$152.50$143.00Aug 7$0.47$0.43$0.90$142.10$153.40
$152.50$144.00Aug 7$0.47$0.62$1.09$142.91$153.59
$155.00$145.00Aug 7$0.21$0.92$1.13$143.87$156.13
$152.50$145.00Aug 7$0.47$0.92$1.39$143.61$153.89
$150.00$143.00Aug 7$1.02$0.43$1.45$141.55$151.45
$155.00$146.00Aug 7$0.21$1.25$1.46$144.54$156.46
$150.00$144.00Aug 7$1.02$0.62$1.64$142.36$151.64
$152.50$146.00Aug 7$0.47$1.25$1.72$144.28$154.22

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 167 found (best R:R 27.57, avg credit $1.98)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
124/125126/130Aug 21$3.86$0.1427.57$121.14$129.86
119/120126/130Aug 21$3.77$0.2316.39$116.23$129.77
120/122125/130Sep 4$4.66$0.3413.71$117.34$129.66
120/122130/133Sep 4$2.75$0.2511.00$119.25$132.75
130/131132/134Aug 28$1.82$0.1810.11$129.18$133.82
140/142144/145Sep 4$1.80$0.209.00$140.20$145.80
155/160165/170Sep 18$4.49$0.518.80$155.51$169.49
130/131135/138Aug 28$2.68$0.328.38$128.32$137.68
140/142145/146Sep 4$1.78$0.228.09$140.22$146.78
135/140145/150Sep 18$4.45$0.558.09$135.55$149.45

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 111 found (best R:R 44.45, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$130.00$135.00$140.00Sep 18$0.11$4.8944.45
$155.00$157.50$160.00Aug 28$0.06$2.4440.67
$157.50$160.00$162.50Aug 7$0.07$2.4334.71
$162.50$165.00$167.50Aug 7$0.07$2.4334.71
$121.00$123.00$125.00Aug 21$0.06$1.9432.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$131.00$132.00$133.00Aug 7$0.05$0.9519.00
$135.00$140.00$145.00Sep 18$0.28$4.7216.86
$152.50$155.00$157.50Aug 7$0.15$2.3515.67
$124.00$125.00$126.00Aug 14$0.06$0.9415.67
$137.00$138.00$139.00Aug 7$0.07$0.9313.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 125 found (best net $-2.97, 114 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$170.00$175.001:2Aug 7-$0.02$4.98
$170.00$175.001:2Aug 21-$0.10$4.90
$165.00$170.001:2Aug 21-$0.15$4.85
$160.00$165.001:2Aug 21-$0.48$4.52
$155.00$160.001:2Aug 21-$0.62$4.38
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$157.50$148.001:2Sep 4-$2.97$6.53
$123.00$118.001:2Sep 11-$0.61$4.39
$125.00$120.001:2Sep 18-$0.72$4.28
$130.00$125.001:2Sep 18-$1.42$3.58
$130.00$126.001:2Sep 4-$0.49$3.51

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 58 found (best yield 5.90%, avg 2.07%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$150.00Sep 18$8.700.491.7%5.90%7.64%2.1K5.6K
$148.00Sep 11$7.750.520.4%5.26%5.64%5--
$149.00Sep 11$7.350.501.1%4.99%6.04%2--
$150.00Sep 11$7.100.481.7%4.82%6.55%826
$148.00Sep 4$7.050.520.4%4.78%5.16%4--
$155.00Sep 18$6.700.425.1%4.54%9.67%2521.4K
$149.00Sep 4$6.300.501.1%4.27%5.33%2--
$148.00Aug 28$6.150.510.4%4.17%4.55%14--
$152.50Sep 11$6.000.443.4%4.07%7.50%1--
$150.00Sep 4$5.850.481.7%3.97%5.70%64257

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 41,242
Total Puts 27,688
Put/Call Ratio 0.67
Net Difference 13,554

Prior's Put/Call Breakdown

Total Calls 99,653
Total Puts 76,277
Put/Call Ratio 0.77
Net Difference 23,376

Prior 7-Day Put/Call Summary

Total Calls 350,350
Total Puts 201,576
Average Put/Call Ratio 0.84
Ratio Trend Falling

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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