Tour v504
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SHOPIFY INC A
$152.61 -1.66%
$152.51 (-0.07%)🌙
as of 08/11 07:09 PM
8/11 19:09

Option Volume

Detail
Current (08/11) 21,389
Calls: 13,261 (62%)
Puts: 8,128 (38%)
Prior (08/10) 33,833
Calls: 20,396 (60%)
Puts: 13,437 (40%)
Current vs Prior -36.78%
Calls: -34.98% (Calls)
Puts: -39.51% (Puts)
Prior 7-Day Total 524,099
Calls: 301,441 (58%)
Puts: 222,658 (42%)
Prior 7-Day Average 74,871
Calls: 43,063 (58%)
Puts: 31,808 (42%)
Current vs Prior 7-Day Avg -71.43%
Calls: -69.21%
Puts: -74.45%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/11) $24.84M
Calls: $19.89M (80%)
Puts: $4.95M (20%)
Prior (08/10) $27.58M
Calls: $23.33M (85%)
Puts: $4.25M (15%)
Current vs Prior -9.95%
Calls: -14.75%
Puts: +16.37%
Prior 7-Day Total $302.16M
Calls: $210.47M (70%)
Puts: $91.69M (30%)
Prior 7-Day Average $43.17M
Calls: $30.07M (70%)
Puts: $13.10M (30%)
Current vs Prior 7-Day Avg -42.46%
Calls: -33.86%
Puts: -62.21%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/11) 0.61
Prior (08/10) 0.66
Current vs Prior -6.96%
Prior 7-Day Average 0.78
Current vs Prior 7-Day Avg -21.49%
Sentiment BULLISH

Open Interest

Detail
Current (08/11) 593,517
Calls: 450,256 (76%)
Puts: 143,261 (24%)
Prior (08/10) 634,268
Calls: 475,990 (75%)
Puts: 158,278 (25%)
Current vs Prior -6.42%
Prior 7-Day Total 4,520,184
Calls: 3,329,007 (74%)
Puts: 1,191,177 (26%)
Prior 7-Day Average 645,740
Calls: 475,572 (74%)
Puts: 170,168 (26%)
Current vs Prior 7-Day Avg -8.09%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 4.48% | 6.86%6.86% | 13.17%
Prior 5.01% | 7.58%7.58% | 14.04%
Current vs Prior -10.60% | -9.47%-9.47% | -6.16%
Prior 7-Day Avg 8.36% | 10.64%11.84% | 17.94%
Current vs 7-Day Avg -46.38% | -35.51%-42.04% | -26.58%
Prior 7-Day Eod 5.01% | 7.58%7.58% | 14.04%
Current vs 7-Day Eod -10.60% | -9.47%-9.47% | -6.16%
Sentiment BULLISHBULLISH

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 15.73% | 19.72%
Calls: 14.48% | 27.12%
Puts: 16.99% | 12.31%
Current vs 7-Day Avg -16.55% | +3.26%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 80% of dollar volume in calls ($19.89M) vs puts ($4.95M). Bullish P/C ratio of 0.61. Call-heavy open interest (450,256 calls vs 143,261 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 27 of results (avg 7.6%, best 4.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 1810.2510.75$10.504.8%610.587.5K
$123.00Aug 1428.9530.45$29.705.1%10.98--
$125.00Aug 2127.1028.65$27.885.6%391.001.7K
$125.00Aug 1426.8528.45$27.655.8%131.00234
$126.00Aug 1425.9027.45$26.675.8%10.99--
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Sep 184.905.35$5.138.8%1160.331.2K
$125.00Sep 180.860.94$0.908.9%1430.083.2K
$150.00Sep 186.957.65$7.309.6%910.42631

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.73, cheapest $0.55)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Aug 140.510.59$0.5514.5%6120.153.6K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Sep 180.860.94$0.908.9%1430.083.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 98 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Aug 2127.1028.65$27.885.6%391.001.7K
$130.00Aug 2122.2023.75$22.986.7%91.00--
$125.00Aug 1426.8528.45$27.655.8%131.00234
$130.00Aug 1421.8523.45$22.657.1%221.00123
$126.00Aug 1425.9027.45$26.675.8%10.99--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Aug 2116.7018.50$17.6010.2%170.90--
$167.50Aug 2114.4016.25$15.3312.1%190.87--
$160.00Aug 147.058.80$7.9322.1%30.84--
$157.50Aug 145.056.50$5.7825.1%20.7582
$160.00Aug 218.259.85$9.0517.7%30.7236

Most actively traded options today. High liquidity = easy entry/exit. 257 active (total vol 12.2K, top 3.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Sep 185.656.25$5.9510.1%3.2K0.4083.6K
$160.00Aug 140.510.59$0.5514.5%6120.153.6K
$155.00Aug 141.561.94$1.7521.7%4600.381.1K
$170.00Aug 210.450.61$0.5330.2%3800.101.2K
$165.00Aug 140.130.17$0.1526.7%2980.05696
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$142.00Aug 210.751.21$0.9846.9%5100.16519
$150.00Aug 141.421.71$1.5718.5%2750.34159
$135.00Aug 210.130.55$0.34123.5%1980.06756
$152.50Aug 214.155.05$4.6019.6%1870.48124
$140.00Sep 183.253.65$3.4511.6%1790.25912

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 14 strikes (avg 10.4%, max 12.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$152.50Aug 14Sep 1149.2%43.7%12.7%172248
$150.00Aug 14Sep 2549.6%44.1%12.4%73929
$148.00Aug 14Aug 2150.2%44.7%12.2%1153
$160.00Aug 14Sep 2550.8%46.6%9.2%6193.7K
$155.00Aug 14Sep 2550.6%46.4%9.1%4971.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$149.00Aug 14Aug 2149.7%44.0%12.8%4937
$152.50Aug 14Sep 2549.2%43.7%12.6%113118
$150.00Aug 14Sep 2549.6%44.1%12.4%279159
$148.00Aug 14Aug 2150.2%44.7%12.2%3389
$147.00Aug 14Sep 2550.6%45.2%11.8%1782.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 130 found (best R:R 9.00, avg 3.99)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$129.00$130.00Aug 28$0.10$0.90$0.1094%9.00$129.10
$150.00$152.50Sep 4$0.64$1.86$0.6460%2.91$150.64
$175.00$180.00Sep 25$0.29$4.71$0.2921%16.24$175.29
$160.00$162.50Sep 4$0.25$2.25$0.2537%9.00$160.25
$150.00$152.50Sep 11$0.82$1.68$0.8259%2.05$150.82
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$150.00$146.00Sep 4$0.90$3.10$0.9041%3.44$149.10
$130.00$125.00Sep 11$0.22$4.78$0.2211%21.73$129.78
$155.00$152.50Aug 21$1.15$1.35$1.1557%1.17$153.85
$155.00$150.00Sep 4$2.18$2.82$2.1852%1.29$152.82
$145.00$144.00Aug 21$0.13$0.87$0.1324%6.69$144.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 101 found (best R:R 3.35, avg 0.45)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$162.50$165.00Sep 4$1.05$1.05$1.4567%0.72$163.55
$160.00$162.50Sep 25$1.25$1.25$1.2557%1.00$161.25
$170.00$172.50Aug 28$0.50$0.50$2.0083%0.25$170.50
$170.00$175.00Sep 25$1.30$1.30$3.7072%0.35$171.30
$155.00$160.00Sep 4$2.24$2.24$2.7652%0.81$157.24
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$136.00$135.00Sep 4$0.77$0.77$0.2384%3.35$135.23
$133.00$130.00Sep 25$0.99$0.99$2.0183%0.49$132.01
$138.00$137.00Sep 11$0.74$0.74$0.2680%2.85$137.26
$128.00$125.00Aug 14$0.47$0.47$2.5394%0.19$127.53
$140.00$139.00Sep 25$0.65$0.65$0.3574%1.86$139.35

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $1.94, cheapest $1.69)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$150.00Aug 14Aug 21$1.8349.6%44.1%
$155.00Aug 14Aug 21$1.8350.6%46.8%
$152.50Aug 14Aug 21$1.9349.2%45.8%
$149.00Aug 21Sep 4$2.6544.0%46.3%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$150.00Aug 14Aug 21$1.6949.6%44.1%
$155.00Aug 14Aug 21$1.7050.6%46.8%
$152.50Aug 14Aug 21$1.9849.2%45.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 53 found (cheapest 3.54% of stock, avg 8.73%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$152.50Aug 14$2.79$2.62$5.41$147.09$157.913.54%
$155.00Aug 14$1.75$4.05$5.80$149.20$160.803.80%
$150.00Aug 14$4.25$1.57$5.82$144.18$155.823.81%
$148.00Aug 14$5.68$0.98$6.66$141.34$154.664.36%
$157.50Aug 14$0.98$5.78$6.76$150.74$164.264.43%
$147.00Aug 14$6.43$0.77$7.20$139.80$154.204.72%
$146.00Aug 14$7.28$0.61$7.89$138.11$153.895.17%
$160.00Aug 14$0.55$7.93$8.48$151.52$168.485.56%
$145.00Aug 14$8.15$0.44$8.59$136.41$153.595.63%
$152.50Aug 21$4.72$4.60$9.32$143.18$161.826.11%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 0.60% of stock, avg 4.89%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$165.00$147.00Aug 14$0.15$0.77$0.92$146.08$165.92
$162.50$147.00Aug 14$0.28$0.77$1.05$145.95$163.55
$160.00$147.00Aug 14$0.55$0.77$1.32$145.68$161.32
$165.00$148.00Aug 14$0.15$0.98$1.13$146.87$166.13
$162.50$148.00Aug 14$0.28$0.98$1.26$146.74$163.76
$160.00$148.00Aug 14$0.55$0.98$1.53$146.47$161.53
$165.00$149.00Aug 14$0.15$1.24$1.39$147.61$166.39
$157.50$147.00Aug 14$0.98$0.77$1.75$145.25$159.25
$162.50$149.00Aug 14$0.28$1.24$1.52$147.48$164.02
$157.50$148.00Aug 14$0.98$0.98$1.96$146.04$159.46

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 172 found (best R:R 2.68, avg credit $0.95)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
135/136162/165Sep 4$1.82$0.6851%2.68$134.18$164.32
143/144162/165Sep 4$2.12$0.3837%5.58$141.88$164.62
139/140162/165Sep 4$1.52$0.9847%1.55$138.48$164.02
140/142162/165Sep 4$1.60$0.9043%1.78$140.40$164.10
125/128162/165Aug 14$0.60$2.4085%0.25$127.40$163.10
135/137170/172Aug 28$0.87$1.6370%0.53$136.13$170.87
126/128170/172Aug 28$0.67$1.8377%0.37$127.33$170.67
125/128160/162Aug 14$0.74$2.2679%0.33$127.26$160.74
125/126178/180Aug 21$0.26$2.2492%0.12$125.74$177.76
130/132178/180Aug 21$0.29$2.2191%0.13$131.71$177.79

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 69 found (best R:R 82.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$155.00$160.00$165.00Sep 18$0.06$4.9417%82.33
$160.00$170.00$180.00Sep 11$1.23$8.7727%7.13
$145.00$150.00$155.00Sep 18$0.21$4.7918%22.81
$135.00$140.00$145.00Sep 18$0.20$4.8015%24.00
$165.00$170.00$175.00Sep 25$0.18$4.8214%26.78
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$145.00$150.00$155.00Sep 18$0.13$4.8718%37.46
$130.00$135.00$140.00Sep 18$0.21$4.7913%22.81
$152.50$155.00$157.50Aug 14$0.30$2.2027%7.33
$150.00$152.50$155.00Aug 14$0.38$2.1229%5.58
$150.00$152.50$155.00Aug 28$0.15$2.3513%15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 114 found (best net $-2.77, 108 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$165.00$175.001:2Sep 4-$0.34$9.66
$160.00$165.001:2Aug 28-$0.52$4.48
$155.00$157.501:2Aug 14-$0.21$2.29
$152.50$155.001:2Aug 14-$0.71$1.79
$157.50$160.001:2Aug 14-$0.12$2.38
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$167.50$160.001:2Aug 21-$2.77$4.73
$160.00$155.001:2Aug 21-$2.45$2.55
$152.50$150.001:2Aug 14-$0.52$1.98
$155.00$152.501:2Aug 14-$1.19$1.31
$135.00$130.001:2Sep 18-$0.48$4.52

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 45 found (best yield 4.23%, avg 1.61%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$160.00Sep 25$6.450.434.8%4.23%9.07%7101
$157.50Sep 25$6.850.473.2%4.49%7.69%27
$165.00Sep 25$4.650.358.1%3.05%11.17%2--
$155.00Sep 25$7.450.511.6%4.88%6.45%3738
$160.00Sep 18$5.650.404.8%3.70%8.54%3.2K83.6K
$155.00Sep 18$7.350.491.6%4.82%6.38%811.5K
$162.50Sep 25$4.500.396.5%2.95%9.43%15
$155.00Sep 11$6.550.491.6%4.29%5.86%133
$165.00Sep 18$3.600.328.1%2.36%10.48%511.2K
$170.00Sep 18$2.840.2511.4%1.86%13.26%841.2K

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 13,261
Total Puts 8,128
Put/Call Ratio 0.61
Net Difference 5,133

Prior's Put/Call Breakdown

Total Calls 20,396
Total Puts 13,437
Put/Call Ratio 0.66
Net Difference 6,959

Prior 7-Day Put/Call Summary

Total Calls 301,441
Total Puts 222,658
Average Put/Call Ratio 0.78
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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