Tour v494
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SHOPIFY INC A
$151.57 +2.80%
$151.44 (-0.09%)🌙
as of 08/07 07:08 PM
(8/6 19:11) ◀
|
Friday, August 7, 2026 (7:08pm)
January 2026
|
▶ (8/10 19:07)
◀ 8/7 19:08 ▶

Option Volume

Detail
ℹ
Current (08/07) 71,141
Calls: 42,145 (59%)
Puts: 28,996 (41%)
Prior (08/06) 68,930
Calls: 41,242 (60%)
Puts: 27,688 (40%)
Current vs Prior +3.21%
Calls: +2.19% (Calls)
Puts: +4.72% (Puts)
Prior 7-Day Total 482,764
Calls: 269,463 (56%)
Puts: 213,301 (44%)
Prior 7-Day Average 68,966
Calls: 38,494 (56%)
Puts: 30,471 (44%)
Current vs Prior 7-Day Avg +3.15%
Calls: +9.48%
Puts: -4.84%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (08/07) $33.82M
Calls: $27.70M (82%)
Puts: $6.11M (18%)
Prior (08/06) $34.97M
Calls: $26.55M (76%)
Puts: $8.42M (24%)
Current vs Prior -3.31%
Calls: +4.32%
Puts: -27.38%
Prior 7-Day Total $278.13M
Calls: $178.09M (64%)
Puts: $100.04M (36%)
Prior 7-Day Average $39.73M
Calls: $25.44M (64%)
Puts: $14.29M (36%)
Current vs Prior 7-Day Avg -14.89%
Calls: +8.89%
Puts: -57.22%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (08/07) 0.69
Prior (08/06) 0.67
Current vs Prior +2.48%
Prior 7-Day Average 0.91
Current vs Prior 7-Day Avg -24.72%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (08/07) 706,782
Calls: 508,134 (72%)
Puts: 198,648 (28%)
Prior (08/06) 663,849
Calls: 475,415 (72%)
Puts: 188,434 (28%)
Current vs Prior +6.47%
Prior 7-Day Total 4,228,805
Calls: 3,141,696 (74%)
Puts: 1,087,109 (26%)
Prior 7-Day Average 604,115
Calls: 448,813 (74%)
Puts: 155,301 (26%)
Current vs Prior 7-Day Avg +16.99%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 1.68% | 6.16%9.17% | 14.50%
Prior 2.94% | 6.53%10.23% | 15.52%
Current vs Prior +109.12% | +40.41%-10.34% | -6.55%
Prior 7-Day Avg 7.88% | 12.06%14.01% | 19.97%
Current vs 7-Day Avg -21.91% | -23.98%-34.55% | -27.38%
Prior 7-Day Eod 2.94% | 6.53%10.23% | 15.52%
Current vs 7-Day Eod +109.12% | +40.41%-10.34% | -6.55%
Sentiment BEARISHBULLISH

Relative Spread

Detail
ℹ
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 19.22% | 20.41%
Calls: 17.31% | 28.70%
Puts: 21.12% | 12.13%
Current vs 7-Day Avg -31.68% | -0.27%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($27.70M) vs puts ($6.11M). Bullish P/C ratio of 0.69. Call-heavy open interest (508,134 calls vs 198,648 puts) suggests bullish positioning.

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 BULLISH
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 54 of results (avg 7.2%, best 4.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 721.1522.20$21.674.8%2061.005.1K
$122.00Aug 728.9030.35$29.634.9%101.00213
$135.00Aug 716.5017.35$16.935.0%2281.001.4K
$123.00Aug 727.9029.35$28.635.1%491.00256
$124.00Aug 726.9028.35$27.635.2%20.95--
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Sep 186.106.45$6.285.6%3760.36850
$125.00Sep 181.261.38$1.329.1%2690.103.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.67, cheapest $0.36)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$167.50Aug 140.320.39$0.3619.4%1350.0820
$162.50Aug 140.760.85$0.8111.1%2810.16310
$170.00Aug 210.780.90$0.8414.3%1710.12545
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 163 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Aug 1425.9527.55$26.756.0%521.00284
$126.00Aug 1424.9526.55$25.756.2%51.0081
$127.00Aug 1423.9525.50$24.736.3%71.00114
$128.00Aug 1422.9524.55$23.756.7%11.00--
$130.00Aug 1421.0022.55$21.787.1%851.00151
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$152.50Aug 70.241.56$0.90146.7%951.00171
$155.00Aug 72.654.10$3.3842.9%1171.0097
$160.00Aug 77.709.00$8.3515.6%41.00--
$165.00Aug 712.6514.10$13.3810.8%11.00--
$157.50Aug 75.156.60$5.8824.7%30.9757

Most actively traded options today. High liquidity = easy entry/exit. 363 active (total vol 57.8K, top 6.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Aug 71.461.83$1.6522.4%6.7K0.774.6K
$160.00Aug 70.000.01$0.01100.0%4.4K0.012.5K
$160.00Aug 141.151.25$1.208.3%4.1K0.22513
$155.00Aug 70.000.01$0.01100.0%2.0K0.011.1K
$148.00Aug 72.904.35$3.6339.9%1.7K0.821.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Aug 140.490.68$0.5932.2%5.4K0.11595
$147.00Aug 141.762.27$2.0225.2%2.8K0.3167
$125.00Aug 210.100.27$0.1989.5%1.6K0.035.7K
$136.00Aug 70.000.01$0.01100.0%1.3K0.001.6K
$135.00Aug 70.000.01$0.01100.0%1.3K0.001.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 73 strikes (avg 1053.9%, max 4060.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$127.00Aug 7Sep 41916.8%50.4%3703.0%34240
$128.00Aug 7Sep 41853.7%49.8%3624.5%87272
$126.00Aug 7Aug 281980.0%54.5%3533.9%28386
$129.00Aug 7Sep 41790.6%50.3%3460.5%24119
$124.00Aug 7Aug 141709.3%84.6%1921.3%8--
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$128.00Aug 7Sep 111853.7%44.6%4060.4%977
$134.00Aug 7Sep 11975.0%46.5%1996.1%18--
$139.00Aug 7Sep 11915.7%48.6%1782.4%68156
$123.00Aug 7Sep 4951.2%50.9%1767.8%77209
$125.00Aug 7Sep 18883.7%48.3%1731.4%2723.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 156 found (best R:R 21.73, avg 3.05)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$167.50$170.00Aug 14$0.11$2.39$0.1121.73$167.61
$165.00$167.50Aug 14$0.12$2.38$0.1219.83$165.12
$167.50$170.00Sep 11$0.17$2.33$0.1713.71$167.67
$175.00$180.00Sep 4$0.36$4.64$0.3612.89$175.36
$170.00$175.00Aug 21$0.37$4.63$0.3712.51$170.37
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$132.00$130.00Aug 21$0.15$1.85$0.1512.33$131.85
$144.00$143.00Aug 28$0.10$0.90$0.109.00$143.90
$144.00$143.00Aug 7$0.11$0.89$0.118.09$143.89
$134.00$132.00Sep 11$0.22$1.78$0.228.09$133.78
$148.00$147.00Aug 7$0.12$0.88$0.127.33$147.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 217 found (best R:R 14.38, avg 1.82)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$126.00$128.00Aug 28$1.87$1.87$0.1314.38$127.87
$123.00$125.00Aug 21$1.85$1.85$0.1512.33$124.85
$122.00$130.00Sep 11$7.21$7.21$0.799.13$129.21
$139.00$140.00Aug 14$0.90$0.90$0.109.00$139.90
$134.00$135.00Aug 21$0.90$0.90$0.109.00$134.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$165.00$157.50Aug 14$6.27$6.27$1.235.10$158.73
$150.00$149.00Aug 28$0.80$0.80$0.204.00$149.20
$170.00$165.00Sep 18$3.98$3.98$1.023.90$166.02
$150.00$149.00Sep 11$0.77$0.77$0.233.35$149.23
$140.00$139.00Sep 4$0.76$0.76$0.243.17$139.24

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 71 found (avg debit $0.91, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$132.00Aug 7Aug 14$0.07776.3%52.5%
$124.00Aug 7Aug 14$0.101709.3%84.6%
$127.00Aug 7Aug 14$0.101916.8%65.2%
$175.00Aug 7Aug 14$0.10661.4%52.7%
$130.00Aug 7Aug 14$0.11718.1%56.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$125.00Aug 7Aug 14$0.07883.7%65.8%
$132.00Aug 7Aug 14$0.08776.3%52.5%
$130.00Aug 7Aug 14$0.09718.1%56.1%
$126.00Aug 14Aug 21$0.0972.3%54.7%
$135.00Aug 7Aug 14$0.13556.1%47.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 139 found (cheapest 0.62% of stock, avg 11.15%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$152.50Aug 7$0.04$0.90$0.94$151.56$153.440.62%
$150.00Aug 7$1.65$0.32$1.97$148.03$151.971.30%
$149.00Aug 7$2.63$0.32$2.95$146.05$151.951.95%
$155.00Aug 7$0.01$3.38$3.39$151.61$158.392.24%
$148.00Aug 7$3.63$0.42$4.05$143.95$152.052.67%
$147.00Aug 7$4.63$0.30$4.93$142.07$151.933.25%
$146.00Aug 7$5.75$0.03$5.78$140.22$151.783.81%
$157.50Aug 7$0.07$5.88$5.95$151.55$163.453.93%
$145.00Aug 7$6.80$0.01$6.81$138.19$151.814.49%
$144.00Aug 7$7.63$0.14$7.77$136.23$151.775.13%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 155 found (cheapest 0.22% of stock, avg 5.45%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$152.50$147.00Aug 7$0.04$0.30$0.34$146.66$152.84
$152.50$150.00Aug 7$0.04$0.32$0.36$149.64$152.86
$152.50$149.00Aug 7$0.04$0.32$0.36$148.64$152.86
$152.50$148.00Aug 7$0.04$0.42$0.46$147.54$152.96
$152.50$128.00Aug 7$0.04$1.07$1.11$126.89$153.61
$175.00$142.00Aug 21$0.47$2.00$2.47$139.53$177.47
$162.50$146.00Aug 14$0.81$1.82$2.63$143.37$165.13
$175.00$143.00Aug 21$0.47$2.30$2.77$140.23$177.77
$162.50$147.00Aug 14$0.81$2.02$2.83$144.17$165.33
$170.00$142.00Aug 21$0.84$2.00$2.84$139.16$172.84

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 80 found (best R:R 9.00, avg credit $2.39)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
128/129143/145Sep 11$1.80$0.209.00$127.20$144.80
125/126137/138Sep 4$0.89$0.118.09$125.11$137.89
132/133134/135Sep 4$0.89$0.118.09$132.11$134.89
125/130135/140Sep 18$4.44$0.567.93$125.56$139.44
130/135140/145Sep 18$4.35$0.656.69$130.65$144.35
125/126129/130Sep 4$0.86$0.146.14$125.14$129.86
128/129137/138Sep 4$0.86$0.146.14$128.14$137.86
160/165170/175Sep 18$4.26$0.745.76$160.74$174.26
140/145150/155Sep 18$4.25$0.755.67$140.75$154.25
155/160165/170Sep 18$4.24$0.765.58$155.76$169.24

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 125 found (best R:R 82.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$165.00$170.00$175.00Sep 18$0.06$4.9482.33
$167.50$170.00$172.50Aug 14$0.05$2.4549.00
$165.00$170.00$175.00Aug 21$0.10$4.9049.00
$157.50$160.00$162.50Aug 7$0.06$2.4440.67
$160.00$162.50$165.00Aug 14$0.06$2.4440.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$155.00$160.00$165.00Sep 18$0.08$4.9261.50
$123.00$124.00$125.00Sep 4$0.05$0.9519.00
$145.00$150.00$155.00Aug 21$0.27$4.7317.52
$125.00$130.00$135.00Sep 18$0.29$4.7116.24
$136.00$137.00$138.00Aug 14$0.06$0.9415.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 134 found (best net $-1.31, 121 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$175.00$180.001:2Aug 14-$0.01$4.99
$160.00$165.001:2Aug 21-$0.10$4.90
$170.00$175.001:2Aug 21-$0.10$4.90
$170.00$175.001:2Aug 28-$0.25$4.75
$175.00$180.001:2Aug 21-$0.33$4.67
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$165.00$157.501:2Aug 14-$1.31$6.19
$130.00$125.001:2Sep 18-$0.56$4.44
$150.00$145.001:2Aug 21-$0.63$4.37
$135.00$130.001:2Sep 18-$1.03$3.97
$139.00$135.001:2Sep 11-$0.40$3.60

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 48 found (best yield 5.31%, avg 1.84%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$155.00Sep 18$8.050.482.3%5.31%7.57%2501.5K
$152.50Sep 11$7.150.510.6%4.72%5.33%21
$160.00Sep 18$6.200.405.6%4.09%9.65%38983.6K
$155.00Sep 11$6.000.472.3%3.96%6.22%2229
$155.00Sep 4$5.950.462.3%3.93%6.19%14--
$152.50Aug 28$5.750.500.6%3.79%4.41%14--
$152.50Sep 4$5.750.510.6%3.79%4.41%5--
$155.00Aug 28$4.700.452.3%3.10%5.36%6161
$165.00Sep 18$4.600.338.9%3.03%11.90%321.2K
$157.50Sep 11$4.450.423.9%2.94%6.85%2--

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 42,145
Total Puts 28,996
Put/Call Ratio 0.69
Net Difference 13,149

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 269,463
Total Puts 213,301
Average Put/Call Ratio 0.91
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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