Tour v509
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SHOPIFY INC A
$158.53 +5.40%
$158.38 (-0.09%)🌙
as of 08/13 07:03 PM
8/13 19:03

Option Volume

Detail
Current (08/13) 36,136
Calls: 22,898 (63%)
Puts: 13,238 (37%)
Prior (08/12) 22,070
Calls: 14,488 (66%)
Puts: 7,582 (34%)
Current vs Prior +63.73%
Calls: +58.05% (Calls)
Puts: +74.60% (Puts)
Prior 7-Day Total 490,367
Calls: 291,118 (59%)
Puts: 199,249 (41%)
Prior 7-Day Average 70,052
Calls: 41,588 (59%)
Puts: 28,464 (41%)
Current vs Prior 7-Day Avg -48.42%
Calls: -44.94%
Puts: -53.49%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/13) $31.59M
Calls: $26.06M (82%)
Puts: $5.53M (18%)
Prior (08/12) $18.27M
Calls: $13.05M (71%)
Puts: $5.21M (29%)
Current vs Prior +72.94%
Calls: +99.65%
Puts: +6.09%
Prior 7-Day Total $304.69M
Calls: $224.21M (74%)
Puts: $80.48M (26%)
Prior 7-Day Average $43.53M
Calls: $32.03M (74%)
Puts: $11.50M (26%)
Current vs Prior 7-Day Avg -27.42%
Calls: -18.64%
Puts: -51.89%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/13) 0.58
Prior (08/12) 0.52
Current vs Prior +10.47%
Prior 7-Day Average 0.65
Current vs Prior 7-Day Avg -10.86%
Sentiment BULLISH

Open Interest

Detail
Current (08/13) 627,669
Calls: 476,113 (76%)
Puts: 151,556 (24%)
Prior (08/12) 614,498
Calls: 453,632 (74%)
Puts: 160,866 (26%)
Current vs Prior +2.14%
Prior 7-Day Total 4,573,404
Calls: 3,348,338 (73%)
Puts: 1,225,066 (27%)
Prior 7-Day Average 653,343
Calls: 478,334 (73%)
Puts: 175,009 (27%)
Current vs Prior 7-Day Avg -3.93%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 3.09% | 6.23%6.23% | 12.95%
Prior 3.72% | 6.22%6.22% | 12.88%
Current vs Prior -16.83% | +0.26%+0.26% | +0.51%
Prior 7-Day Avg 5.86% | 8.39%9.33% | 15.44%
Current vs 7-Day Avg -47.25% | -25.71%-33.22% | -16.15%
Prior 7-Day Eod 3.72% | 6.22%6.22% | 12.88%
Current vs 7-Day Eod -16.83% | +0.26%+0.26% | +0.51%
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 12.25% | 19.02%
Calls: 11.64% | 25.55%
Puts: 12.86% | 12.49%
Current vs 7-Day Avg +7.17% | +7.05%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($26.06M) vs puts ($5.53M). Elevated premium activity with dollar volume up 73% vs prior. Above-average activity with volume up 64% vs prior. Bullish P/C ratio of 0.58.

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 35 of results (avg 7.6%, best 3.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Sep 188.709.00$8.853.4%1.4K0.5183.6K
$155.00Sep 1811.0011.55$11.284.9%1500.601.5K
$170.00Sep 184.905.15$5.035.0%1610.351.3K
$130.00Sep 1128.5530.10$29.335.3%460.9231
$175.00Sep 183.603.80$3.705.4%1200.2844.3K
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 185.005.25$5.134.9%480.32672
$145.00Sep 183.403.65$3.537.1%1020.241.2K
$157.50Aug 213.503.85$3.689.5%890.45--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.53, cheapest $0.22)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Aug 210.911.05$0.9814.3%2730.171.7K
$185.00Aug 280.380.42$0.4010.0%670.0632
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$152.50Aug 140.200.23$0.2213.6%2810.10132

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 128 found (avg delta 0.83, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$135.00Aug 1421.6025.65$23.6317.1%131.00499
$139.00Aug 1417.6020.95$19.2717.4%11.00190
$128.00Aug 2129.1031.85$30.489.0%11.0095
$132.00Aug 1424.6027.95$26.2812.7%21.00--
$140.00Aug 1417.5020.05$18.7713.6%130.99354
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$185.00Aug 2825.3528.65$27.0012.2%20.96--
$185.00Sep 425.1029.00$27.0514.4%410.9252
$165.00Aug 145.957.70$6.8325.6%10.91--
$180.00Aug 2820.4523.10$21.7812.2%230.8830
$180.00Sep 420.5524.45$22.5017.3%460.8739

Most actively traded options today. High liquidity = easy entry/exit. 292 active (total vol 24.3K, top 2.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Aug 141.141.25$1.199.2%1.9K0.382.2K
$160.00Sep 188.709.00$8.853.4%1.4K0.5183.6K
$155.00Aug 143.854.45$4.1514.5%1.2K0.803.5K
$165.00Aug 211.852.09$1.9712.2%1.0K0.29878
$160.00Aug 213.503.80$3.658.2%7710.461.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Aug 140.000.04$0.02200.0%2.3K0.015.4K
$147.00Aug 140.000.27$0.14192.9%2.0K0.043.1K
$162.50Aug 215.457.60$6.5332.9%2900.63--
$152.50Aug 140.200.23$0.2213.6%2810.10132
$136.00Aug 140.000.10$0.05200.0%2250.0194

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 19.4%, max 27.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$162.50Aug 14Sep 1156.6%46.5%21.6%418570
$155.00Aug 14Sep 2555.8%47.5%17.5%1.3K3.5K
$157.50Aug 14Sep 2554.8%46.8%17.1%398396
$160.00Aug 14Sep 2557.1%48.9%16.8%1.9K2.3K
$172.50Aug 21Sep 1154.0%48.1%12.3%33579
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$155.00Aug 14Sep 1855.8%43.6%27.9%2731.1K
$160.00Aug 14Sep 1857.1%46.8%22.0%101359
$157.50Aug 14Sep 1154.8%45.5%20.4%21879

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 132 found (best R:R 0.85, avg 4.43)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$145.00$150.00Sep 11$2.70$2.30$2.7076%0.85$147.70
$150.00$152.50Aug 14$1.63$0.87$1.6396%0.53$151.63
$165.00$167.50Sep 4$0.20$2.30$0.2038%11.50$165.20
$160.00$162.50Aug 28$0.47$2.03$0.4749%4.32$160.47
$167.50$170.00Sep 11$0.22$2.28$0.2236%10.36$167.72
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$145.00$140.00Sep 4$0.13$4.87$0.1317%37.46$144.87
$149.00$146.00Aug 28$0.14$2.86$0.1421%20.43$148.86
$150.00$147.00Sep 11$0.53$2.47$0.5330%4.66$149.47
$152.50$150.00Sep 4$0.53$1.97$0.5333%3.72$151.97
$155.00$150.00Sep 18$1.57$3.43$1.5740%2.18$153.43

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 101 found (best R:R 0.59, avg 0.45)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$162.50$165.00Sep 4$1.48$1.48$1.0256%1.45$163.98
$172.50$175.00Sep 4$1.03$1.03$1.4773%0.70$173.53
$170.00$172.50Aug 28$0.92$0.92$1.5875%0.58$170.92
$180.00$185.00Aug 28$0.78$0.78$4.2286%0.18$180.78
$165.00$167.50Sep 25$1.37$1.37$1.1357%1.21$166.37
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$150.00$143.00Sep 25$2.60$2.60$4.4066%0.59$147.40
$144.00$143.00Sep 11$0.79$0.79$0.2180%3.76$143.21
$148.00$145.00Sep 4$1.14$1.14$1.8676%0.61$146.86
$157.50$155.00Sep 11$1.64$1.64$0.8654%1.91$155.86
$155.00$152.50Sep 4$1.43$1.43$1.0761%1.34$153.57

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $2.28, cheapest $2.44)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$160.00Aug 14Aug 21$2.4657.1%46.2%
$157.50Aug 14Aug 21$2.5454.8%45.1%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$160.00Aug 14Aug 21$2.4457.1%46.2%
$157.50Aug 14Aug 21$2.4354.8%45.1%
$162.50Aug 21Aug 28$1.5446.4%45.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 54 found (cheapest 2.26% of stock, avg 8.63%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$157.50Aug 14$2.34$1.25$3.59$153.91$161.092.26%
$160.00Aug 14$1.19$2.56$3.75$156.25$163.752.37%
$155.00Aug 14$4.15$0.52$4.67$150.33$159.672.95%
$165.00Aug 14$0.19$6.83$7.02$157.98$172.024.43%
$152.50Aug 14$6.90$0.22$7.12$145.38$159.624.49%
$157.50Aug 21$4.88$3.68$8.56$148.94$166.065.40%
$150.00Aug 14$8.53$0.10$8.63$141.37$158.635.44%
$160.00Aug 21$3.65$5.00$8.65$151.35$168.655.46%
$155.00Aug 21$6.23$2.46$8.69$146.31$163.695.48%
$162.50Aug 21$2.69$6.53$9.22$153.28$171.725.82%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 166 found (cheapest 0.20% of stock, avg 4.61%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$167.50$149.00Aug 14$0.18$0.14$0.32$148.68$167.82
$165.00$149.00Aug 14$0.19$0.14$0.33$148.67$165.33
$167.50$152.50Aug 14$0.18$0.22$0.40$152.10$167.90
$165.00$152.50Aug 14$0.19$0.22$0.41$152.09$165.41
$162.50$149.00Aug 14$0.49$0.14$0.63$148.37$163.13
$162.50$152.50Aug 14$0.49$0.22$0.71$151.79$163.21
$167.50$155.00Aug 14$0.18$0.52$0.70$154.30$168.20
$165.00$155.00Aug 14$0.19$0.52$0.71$154.29$165.71
$162.50$155.00Aug 14$0.49$0.52$1.01$153.99$163.51
$170.00$149.00Aug 21$0.98$0.99$1.97$147.03$171.97

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 148 found (best R:R 2.61, avg credit $1.08)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
145/148172/175Sep 4$2.17$0.8348%2.61$145.83$174.67
148/150172/175Sep 4$1.85$0.6544%2.85$148.15$174.35
150/152170/172Aug 28$1.77$0.7344%2.42$150.73$171.77
137/140172/175Sep 4$1.57$1.4359%1.10$138.43$174.07
149/150170/172Aug 28$1.59$0.9150%1.75$148.41$171.59
129/130172/175Sep 4$1.15$1.3567%0.85$128.85$173.65
135/137172/175Sep 4$1.21$1.2964%0.94$135.79$173.71
139/140170/172Aug 28$1.16$1.3465%0.87$138.84$171.16
141/142170/172Aug 28$1.21$1.2963%0.94$140.79$171.21
142/143170/172Aug 28$1.26$1.2460%1.02$141.74$171.26

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 102 found (best R:R 70.43, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$145.00$150.00$155.00Sep 18$0.25$4.7516%19.00
$157.50$160.00$162.50Aug 14$0.45$2.0540%4.56
$155.00$160.00$165.00Sep 18$0.33$4.6717%14.15
$155.00$157.50$160.00Aug 21$0.12$2.3819%19.83
$160.00$165.00$170.00Sep 18$0.38$4.6216%12.16
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$165.00$170.00$175.00Sep 18$0.07$4.9315%70.43
$155.00$157.50$160.00Aug 21$0.10$2.4019%24.00
$150.00$152.50$155.00Aug 21$0.09$2.4115%26.78
$140.00$145.00$150.00Sep 18$0.32$4.6815%14.62
$160.00$165.00$170.00Sep 18$0.38$4.6216%12.16

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 $-0.30, 109 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$172.50$180.001:2Sep 11-$0.30$7.20
$155.00$157.501:2Aug 14-$0.53$1.97
$157.50$160.001:2Aug 14-$0.04$2.46
$152.50$155.001:2Aug 14-$1.40$1.10
$170.00$172.501:2Aug 28-$0.27$2.23
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$150.00$143.001:2Sep 25-$1.28$5.72
$148.00$145.001:2Sep 4-$0.37$2.63
$140.00$139.001:2Aug 14$0.00$1.00
$140.00$137.001:2Sep 4-$0.30$2.70
$135.00$130.001:2Sep 18-$0.44$4.56

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 47 found (best yield 5.90%, avg 1.89%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$160.00Sep 25$9.350.510.9%5.90%6.83%14108
$160.00Sep 18$8.700.510.9%5.49%6.42%1.4K83.6K
$165.00Sep 18$6.500.434.1%4.10%8.18%1541.2K
$165.00Sep 25$6.250.434.1%3.94%8.02%111
$170.00Sep 18$4.900.357.2%3.09%10.33%1611.3K
$167.50Sep 25$5.350.395.7%3.37%9.03%1--
$170.00Sep 25$4.500.367.2%2.84%10.07%3710
$175.00Sep 18$3.600.2810.4%2.27%12.66%12044.3K
$160.00Sep 11$7.400.500.9%4.67%5.60%3592
$175.00Sep 25$3.150.2910.4%1.99%12.38%521

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 22,898
Total Puts 13,238
Put/Call Ratio 0.58
Net Difference 9,660

Prior's Put/Call Breakdown

Total Calls 14,488
Total Puts 7,582
Put/Call Ratio 0.52
Net Difference 6,906

Prior 7-Day Put/Call Summary

Total Calls 291,118
Total Puts 199,249
Average Put/Call Ratio 0.65
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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