Tour v509
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SHOPIFY INC A
$154.32 -2.66%
$154.54 (+0.14%)🌙
as of 08/14 07:02 PM
8/14 19:02

Option Volume

Detail
Current (08/14) 41,141
Calls: 24,561 (60%)
Puts: 16,580 (40%)
Prior (08/13) 36,136
Calls: 22,898 (63%)
Puts: 13,238 (37%)
Current vs Prior +13.85%
Calls: +7.26% (Calls)
Puts: +25.25% (Puts)
Prior 7-Day Total 429,429
Calls: 254,083 (59%)
Puts: 175,346 (41%)
Prior 7-Day Average 61,347
Calls: 36,297 (59%)
Puts: 25,049 (41%)
Current vs Prior 7-Day Avg -32.94%
Calls: -32.33%
Puts: -33.81%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/14) $25.71M
Calls: $19.92M (77%)
Puts: $5.79M (23%)
Prior (08/13) $31.59M
Calls: $26.06M (82%)
Puts: $5.53M (18%)
Current vs Prior -18.61%
Calls: -23.57%
Puts: +4.75%
Prior 7-Day Total $287.41M
Calls: $217.13M (76%)
Puts: $70.28M (24%)
Prior 7-Day Average $41.06M
Calls: $31.02M (76%)
Puts: $10.04M (24%)
Current vs Prior 7-Day Avg -37.38%
Calls: -35.79%
Puts: -42.29%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/14) 0.68
Prior (08/13) 0.58
Current vs Prior +16.77%
Prior 7-Day Average 0.64
Current vs Prior 7-Day Avg +5.06%
Sentiment BULLISH

Open Interest

Detail
Current (08/14) 607,972
Calls: 468,173 (77%)
Puts: 139,799 (23%)
Prior (08/13) 627,669
Calls: 476,113 (76%)
Puts: 151,556 (24%)
Current vs Prior -3.14%
Prior 7-Day Total 4,613,642
Calls: 3,375,813 (73%)
Puts: 1,237,829 (27%)
Prior 7-Day Average 659,091
Calls: 482,259 (73%)
Puts: 176,832 (27%)
Current vs Prior 7-Day Avg -7.76%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 1.45% | 5.48%5.48% | 12.36%
Prior 3.09% | 6.23%6.23% | 12.95%
Current vs Prior +77.36% | +17.60%-12.04% | -4.53%
Prior 7-Day Avg 4.32% | 7.19%8.02% | 14.26%
Current vs 7-Day Avg +26.90% | +1.91%-31.63% | -13.28%
Prior 7-Day Eod 3.09% | 6.23%6.23% | 12.95%
Current vs 7-Day Eod +77.36% | +17.60%-12.04% | -4.53%
Sentiment BEARISHBULLISH

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 13.13% | 20.36%
Calls: 12.93% | 28.55%
Puts: 13.33% | 12.17%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 77% of dollar volume in calls ($19.92M) vs puts ($5.79M). Bullish P/C ratio of 0.68. Call-heavy open interest (468,173 calls vs 139,799 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 17 of results (avg 8.6%, best 4.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Sep 186.056.35$6.204.8%4.9K0.4283.6K
$124.00Aug 1429.1531.50$30.337.7%430.9941
$125.00Sep 1829.1531.60$30.388.1%670.922.4K
$124.00Aug 2829.2031.75$30.488.4%10.9383
$160.00Sep 256.857.45$7.158.4%40.44102
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Sep 1814.2015.20$14.706.8%2310.6640
$160.00Sep 1810.9512.05$11.509.6%3750.57259
$155.00Sep 187.858.65$8.259.7%1150.49963
$165.00Aug 2110.5011.60$11.0510.0%160.8817

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.98, cheapest $0.98)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Sep 180.901.05$0.9815.3%780.092.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 130 found (avg delta 0.84, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Aug 2128.1530.65$29.408.5%111.001.6K
$126.00Aug 2127.0530.25$28.6511.2%161.0035
$127.00Aug 2126.0529.25$27.6511.6%101.00--
$130.00Aug 2122.8525.65$24.2511.5%601.002.1K
$135.00Aug 2118.1520.70$19.4213.1%491.005.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Aug 140.330.80$0.5782.5%3671.00175
$157.50Aug 142.054.40$3.2372.8%1941.00206
$160.00Aug 144.357.05$5.7047.4%341.0098
$162.50Aug 146.459.55$8.0038.8%21.00--
$165.00Aug 149.5012.05$10.7823.7%111.00--

Most actively traded options today. High liquidity = easy entry/exit. 292 active (total vol 33.4K, top 4.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Sep 186.056.35$6.204.8%4.9K0.4283.6K
$155.00Aug 140.010.05$0.03133.3%3.6K0.133.4K
$160.00Aug 211.291.44$1.3710.9%3.2K0.271.6K
$165.00Aug 281.221.83$1.5339.9%6230.22269
$155.00Aug 212.953.30$3.1311.2%5550.482.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Aug 210.450.69$0.5742.1%4.1K0.13426
$150.00Aug 211.371.91$1.6432.9%2.6K0.30595
$140.00Aug 140.000.01$0.01100.0%2.0K0.005.4K
$148.00Aug 211.081.34$1.2121.5%4590.2344
$160.00Sep 1810.9512.05$11.509.6%3750.57259

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 5 strikes (avg 1839.9%, max 2459.0%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$167.50Aug 14Sep 41065.8%41.6%2459.0%14173
$147.00Aug 14Aug 28801.1%40.8%1861.1%301.9K
$149.00Aug 14Aug 28665.8%40.7%1536.1%7377
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$147.00Aug 14Sep 11801.1%41.1%1848.8%453.1K
$149.00Aug 14Sep 4665.8%41.8%1494.3%8480

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 130 found (best R:R 2.70, avg 4.04)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$160.00$165.00Sep 25$1.35$3.65$1.3544%2.70$161.35
$167.50$175.00Sep 4$0.64$6.86$0.6422%10.72$168.14
$140.00$145.00Sep 18$3.32$1.68$3.3278%0.51$143.32
$175.00$180.00Sep 11$0.16$4.84$0.1615%30.25$175.16
$135.00$136.00Sep 4$0.45$0.55$0.4591%1.22$135.45
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$142.00$140.00Sep 25$0.27$1.73$0.2726%6.41$141.73
$155.00$152.50Sep 11$0.93$1.57$0.9348%1.69$154.07
$133.00$130.00Sep 25$0.25$2.75$0.2514%11.00$132.75
$150.00$148.00Sep 11$0.60$1.40$0.6037%2.33$149.40
$149.00$148.00Aug 21$0.17$0.83$0.1726%4.88$148.83

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 95 found (best R:R 0.74, avg 0.43)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$167.50$170.00Aug 14$1.06$1.06$1.4483%0.74$168.56
$157.50$160.00Sep 4$1.30$1.30$1.2055%1.08$158.80
$160.00$162.50Aug 28$1.00$1.00$1.5065%0.67$161.00
$165.00$170.00Sep 25$1.80$1.80$3.2063%0.56$166.80
$157.50$160.00Sep 11$1.25$1.25$1.2553%1.00$158.75
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$150.00$145.00Sep 25$2.58$2.58$2.4261%1.07$147.42
$143.00$142.00Aug 14$0.75$0.75$0.2587%3.00$142.25
$135.00$134.00Sep 25$0.63$0.63$0.3783%1.70$134.37
$141.00$140.00Sep 4$0.54$0.54$0.4682%1.17$140.46
$150.00$145.00Sep 18$2.00$2.00$3.0061%0.67$148.00

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 68 found (cheapest 0.39% of stock, avg 7.86%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$155.00Aug 14$0.03$0.57$0.60$154.40$155.600.39%
$152.50Aug 14$1.67$0.01$1.68$150.82$154.181.09%
$157.50Aug 14$0.01$3.23$3.24$154.26$160.742.10%
$150.00Aug 14$4.60$0.03$4.63$145.37$154.633.00%
$160.00Aug 14$0.02$5.70$5.72$154.28$165.723.71%
$149.00Aug 14$5.25$1.06$6.31$142.69$155.314.09%
$148.00Aug 14$6.63$0.03$6.66$141.34$154.664.32%
$155.00Aug 21$3.13$3.78$6.91$148.09$161.914.48%
$157.50Aug 21$2.00$5.23$7.23$150.27$164.734.69%
$152.50Aug 21$4.68$2.58$7.26$145.24$159.764.70%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 0.36% of stock, avg 4.28%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$155.00$144.00Aug 14$0.03$0.52$0.55$143.45$155.55
$155.00$143.00Aug 14$0.03$0.76$0.79$142.21$155.79
$155.00$141.00Aug 14$0.03$1.07$1.10$139.90$156.10
$155.00$147.00Aug 14$0.03$1.06$1.09$145.91$156.09
$155.00$149.00Aug 14$0.03$1.06$1.09$147.91$156.09
$165.00$147.00Aug 21$0.53$0.84$1.37$145.63$166.37
$175.00$144.00Aug 14$1.07$0.52$1.59$142.41$176.59
$162.50$147.00Aug 21$0.78$0.84$1.62$145.38$164.12
$172.50$144.00Aug 14$1.07$0.52$1.59$142.41$174.09
$167.50$144.00Aug 14$1.07$0.52$1.59$142.41$169.09

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 182 found (best R:R 5.58, avg credit $0.91)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
140/141168/170Aug 14$2.12$0.3869%5.58$138.88$169.62
146/147168/170Aug 14$2.09$0.4164%5.10$144.91$169.59
148/149168/170Aug 14$2.09$0.4160%5.10$146.91$169.59
142/143168/170Aug 14$1.81$0.6970%2.62$141.19$169.31
130/132160/162Aug 28$1.26$1.2459%1.02$130.74$161.26
130/131172/175Aug 21$0.45$2.0589%0.22$130.55$172.95
130/131160/162Aug 21$0.92$1.5868%0.58$130.08$160.92
130/131168/170Aug 21$0.45$2.0586%0.22$130.55$167.95
140/141165/168Sep 4$1.24$1.2655%0.98$139.76$166.24
130/131165/168Aug 21$0.53$1.9782%0.27$130.47$165.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 91 found (best R:R 3.31, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$152.50$155.00$157.50Aug 14$1.62$0.8898%0.54
$155.00$160.00$165.00Sep 18$0.10$4.9018%49.00
$150.00$152.50$155.00Aug 14$1.29$1.2184%0.94
$165.00$170.00$175.00Sep 11$0.08$4.9215%61.50
$145.00$150.00$155.00Sep 18$0.29$4.7119%16.24
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$150.00$152.50$155.00Aug 14$0.58$1.9297%3.31
$145.00$150.00$155.00Sep 18$0.32$4.6819%14.62
$152.50$155.00$157.50Aug 14$2.10$0.4098%0.19
$135.00$140.00$145.00Sep 18$0.28$4.7215%16.86
$152.50$155.00$157.50Aug 21$0.25$2.2523%9.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 120 found (best net $-2.91, 104 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$175.00$185.001:2Sep 25-$0.19$9.81
$167.50$175.001:2Sep 4-$0.61$6.89
$160.00$165.001:2Sep 11-$1.20$3.80
$170.00$175.001:2Sep 11-$0.44$4.56
$160.00$165.001:2Sep 4-$1.25$3.75
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$170.00$160.001:2Sep 11-$2.91$7.09
$160.00$157.501:2Aug 14-$0.76$1.74
$165.00$160.001:2Aug 21-$2.95$2.05
$175.00$165.001:2Sep 18-$6.95$3.05
$136.00$131.001:2Sep 11-$0.04$4.96

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 43 found (best yield 4.44%, avg 1.71%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$160.00Sep 25$6.850.443.7%4.44%8.12%4102
$165.00Sep 25$5.000.376.9%3.24%10.16%3--
$155.00Sep 25$8.200.520.4%5.31%5.75%621
$160.00Sep 18$6.050.423.7%3.92%7.60%4.9K83.6K
$155.00Sep 18$7.550.510.4%4.89%5.33%1331.5K
$165.00Sep 18$4.200.346.9%2.72%9.64%3711.3K
$170.00Sep 25$2.600.2910.2%1.68%11.85%347
$155.00Sep 11$6.750.520.4%4.37%4.81%435
$170.00Sep 18$2.930.2610.2%1.90%12.06%391.4K
$175.00Sep 25$2.300.2213.4%1.49%14.89%526

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 24,561
Total Puts 16,580
Put/Call Ratio 0.68
Net Difference 7,981

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 254,083
Total Puts 175,346
Average Put/Call Ratio 0.64
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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