Tour v509
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SHOPIFY INC A
$146.58 -1.39%
$146.41 (-0.12%)🌙
as of 08/18 07:02 PM
8/18 19:02

Option Volume

Detail
Current (08/18) 33,377
Calls: 26,125 (78%)
Puts: 7,252 (22%)
Prior (08/17) 44,781
Calls: 26,767 (60%)
Puts: 18,014 (40%)
Current vs Prior -25.47%
Calls: -2.40% (Calls)
Puts: -59.74% (Puts)
Prior 7-Day Total 270,491
Calls: 164,516 (61%)
Puts: 105,975 (39%)
Prior 7-Day Average 38,641
Calls: 23,502 (61%)
Puts: 15,139 (39%)
Current vs Prior 7-Day Avg -13.62%
Calls: +11.16%
Puts: -52.10%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/18) $18.72M
Calls: $15.93M (85%)
Puts: $2.79M (15%)
Prior (08/17) $29.21M
Calls: $21.65M (74%)
Puts: $7.56M (26%)
Current vs Prior -35.92%
Calls: -26.41%
Puts: -63.15%
Prior 7-Day Total $191.01M
Calls: $151.59M (79%)
Puts: $39.42M (21%)
Prior 7-Day Average $27.29M
Calls: $21.66M (79%)
Puts: $5.63M (21%)
Current vs Prior 7-Day Avg -31.41%
Calls: -26.44%
Puts: -50.51%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/18) 0.28
Prior (08/17) 0.67
Current vs Prior -58.75%
Prior 7-Day Average 0.63
Current vs Prior 7-Day Avg -55.93%
Sentiment BULLISH

Open Interest

Detail
Current (08/18) 555,166
Calls: 435,389 (78%)
Puts: 119,777 (22%)
Prior (08/17) 581,994
Calls: 448,093 (77%)
Puts: 133,901 (23%)
Current vs Prior -4.61%
Prior 7-Day Total 4,366,700
Calls: 3,280,391 (75%)
Puts: 1,086,309 (25%)
Prior 7-Day Average 623,814
Calls: 468,627 (75%)
Puts: 155,187 (25%)
Current vs Prior 7-Day Avg -11.00%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 3.82% | 6.34%3.82% | 12.13%
Prior 4.31% | 6.79%4.31% | 12.47%
Current vs Prior -11.26% | -6.62%-11.26% | -2.69%
Prior 7-Day Avg 4.61% | 7.17%6.55% | 13.20%
Current vs 7-Day Avg -17.07% | -11.50%-41.67% | -8.08%
Prior 7-Day Eod 4.31% | 6.79%4.31% | 12.47%
Current vs 7-Day Eod -11.26% | -6.62%-11.26% | -2.69%
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 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 85% of dollar volume in calls ($15.93M) vs puts ($2.79M). Extreme bullish P/C ratio of 0.28 - heavy call buying (26,125 calls vs 7,252 puts). P/C ratio dropping 59% - sentiment shifting bullish. Call-heavy open interest (435,389 calls vs 119,777 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 11 of results (avg 8.1%, best 5.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Sep 184.354.60$4.475.6%2.1K0.361.6K
$150.00Sep 186.006.40$6.206.5%3860.467.4K
$135.00Sep 1814.6015.75$15.187.6%210.76989
$123.00Aug 2123.3525.40$24.388.4%10.99181
$137.00Oct 214.5015.85$15.188.9%560.701
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Sep 184.154.40$4.285.8%1820.331.2K
$155.00Aug 218.359.10$8.738.6%190.88215
$155.00Sep 1811.6512.80$12.239.4%210.641.0K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.80, cheapest $0.66)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Aug 280.700.80$0.7513.3%1430.14553
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$141.00Aug 210.600.71$0.6616.7%630.18141
$142.00Aug 210.790.90$0.8512.9%530.232.2K
$125.00Sep 180.861.02$0.9417.0%200.103.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 120 found (avg delta 0.74, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$123.00Aug 2123.3525.40$24.388.4%10.99181
$126.00Aug 2119.7522.50$21.1313.0%240.9933
$125.00Aug 2120.3523.50$21.9314.4%140.981.5K
$119.00Aug 2126.2028.75$27.489.3%120.98124
$130.00Aug 2115.5518.55$17.0517.6%210.982.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Aug 2826.6030.15$28.3812.5%230.9821
$172.50Aug 2824.1027.65$25.8813.7%230.96--
$167.50Aug 2819.2521.55$20.4011.3%210.95--
$170.00Aug 2821.6524.00$22.8310.3%20.9510
$175.00Sep 426.7530.05$28.4011.6%740.9250

Most actively traded options today. High liquidity = easy entry/exit. 263 active (total vol 21.0K, top 3.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Sep 182.433.25$2.8428.9%3.5K0.2780.8K
$165.00Sep 182.002.22$2.1110.4%2.1K0.201.4K
$155.00Sep 184.354.60$4.475.6%2.1K0.361.6K
$170.00Aug 210.010.05$0.03133.3%7990.011.6K
$150.00Aug 211.141.32$1.2314.6%7530.314.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 210.020.10$0.06133.3%6270.02972
$133.00Aug 210.000.15$0.08187.5%4910.03689
$132.00Aug 210.000.14$0.07200.0%4790.02187
$131.00Aug 210.000.13$0.07185.7%4720.0227
$145.00Aug 211.601.86$1.7315.0%4210.394.7K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 22 strikes (avg 10.9%, max 18.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$152.50Aug 21Sep 2549.6%42.4%17.0%282364
$144.00Aug 21Oct 249.2%42.4%16.0%8454
$147.00Aug 21Oct 248.9%42.5%15.2%9028
$141.00Aug 21Oct 249.2%42.9%14.6%11678
$146.00Aug 21Oct 248.1%42.7%12.4%1542
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$143.00Aug 21Sep 1148.4%41.0%18.1%64182
$141.00Aug 21Aug 2849.2%43.4%13.3%77141
$152.50Aug 21Sep 449.6%44.2%12.1%20448
$146.00Aug 21Sep 448.1%43.2%11.3%65420
$144.00Aug 21Aug 2849.2%44.3%10.9%63681

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 153 found (best R:R 4.26, avg 3.71)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$152.50$157.50Sep 25$0.95$4.05$0.9541%4.26$153.45
$128.00$129.00Sep 11$0.40$0.60$0.4091%1.50$128.40
$130.00$131.00Sep 11$0.40$0.60$0.4087%1.50$130.40
$150.00$160.00Oct 2$3.35$6.65$3.3548%1.99$153.35
$135.00$136.00Aug 28$0.47$0.53$0.4786%1.13$135.47
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$149.00$148.00Sep 11$0.22$0.78$0.2254%3.55$148.78
$140.00$138.00Sep 11$0.32$1.68$0.3232%5.25$139.68
$150.00$149.00Sep 4$0.30$0.70$0.3057%2.33$149.70
$155.00$150.00Sep 18$2.83$2.17$2.8364%0.77$152.17
$130.00$127.00Sep 4$0.12$2.88$0.1210%24.00$129.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 102 found (best R:R 0.53, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$150.00$152.50Sep 25$1.53$1.53$0.9753%1.58$151.53
$155.00$157.50Aug 28$0.62$0.62$1.8876%0.33$155.62
$155.00$160.00Sep 18$1.63$1.63$3.3764%0.48$156.63
$160.00$165.00Sep 25$1.38$1.38$3.6269%0.38$161.38
$150.00$152.50Aug 28$0.97$0.97$1.5360%0.63$150.97
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$140.00$132.00Sep 25$2.77$2.77$5.2365%0.53$137.23
$135.00$125.00Oct 2$2.36$2.36$7.6473%0.31$132.64
$138.00$135.00Sep 11$1.17$1.17$1.8371%0.64$136.83
$135.00$130.00Sep 18$1.22$1.22$3.7876%0.32$133.78
$140.00$135.00Oct 2$1.79$1.79$3.2165%0.56$138.21

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $1.85, cheapest $3.04)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$144.00Aug 21Sep 4$3.0449.2%43.1%
$145.00Aug 21Aug 28$1.7847.0%43.2%
$146.00Aug 21Aug 28$1.8348.1%44.7%
$149.00Aug 21Aug 28$1.7748.7%46.0%
$147.00Aug 21Aug 28$1.8448.9%46.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$144.00Aug 21Aug 28$1.6649.2%44.3%
$145.00Aug 21Aug 28$1.7247.0%43.2%
$146.00Aug 21Aug 28$1.8548.1%44.7%
$149.00Aug 21Aug 28$1.7048.7%46.0%
$147.00Aug 21Aug 28$1.8748.9%46.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 58 found (cheapest 3.47% of stock, avg 7.80%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$147.00Aug 21$2.36$2.73$5.09$141.91$152.093.47%
$146.00Aug 21$2.87$2.23$5.10$140.90$151.103.48%
$145.00Aug 21$3.40$1.73$5.13$139.87$150.133.50%
$148.00Aug 21$1.91$3.35$5.26$142.74$153.263.59%
$149.00Aug 21$1.54$3.88$5.42$143.58$154.423.70%
$144.00Aug 21$4.03$1.46$5.49$138.51$149.493.75%
$143.00Aug 21$4.72$1.11$5.83$137.17$148.833.98%
$150.00Aug 21$1.23$4.63$5.86$144.14$155.864.00%
$142.00Aug 21$5.45$0.85$6.30$135.70$148.304.30%
$141.00Aug 21$6.48$0.66$7.14$133.86$148.144.87%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 1.04% of stock, avg 5.01%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$152.50$142.00Aug 21$0.68$0.85$1.53$140.47$154.03
$152.50$143.00Aug 21$0.68$1.11$1.79$141.21$154.29
$150.00$142.00Aug 21$1.23$0.85$2.08$139.92$152.08
$150.00$143.00Aug 21$1.23$1.11$2.34$140.66$152.34
$170.00$125.00Sep 18$1.37$0.94$2.31$122.69$172.31
$152.50$144.00Aug 21$0.68$1.46$2.14$141.86$154.64
$149.00$142.00Aug 21$1.54$0.85$2.39$139.61$151.39
$150.00$144.00Aug 21$1.23$1.46$2.69$141.31$152.69
$149.00$143.00Aug 21$1.54$1.11$2.65$140.35$151.65
$170.00$130.00Sep 18$1.37$1.58$2.95$127.05$172.95

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 152 found (best R:R 1.56, avg credit $0.95)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
135/138158/160Sep 11$1.83$1.1744%1.56$136.17$159.33
125/128158/160Aug 21$0.35$2.6588%0.13$127.65$157.85
127/128155/158Aug 28$0.75$1.7569%0.43$127.25$155.75
136/137155/158Aug 28$1.03$1.4757%0.70$135.97$156.03
127/128165/168Aug 28$0.26$2.2487%0.12$127.74$165.26
123/124158/160Sep 11$0.81$1.6964%0.48$123.19$158.31
125/126168/170Sep 4$0.36$2.1482%0.17$125.64$167.86
135/138155/158Sep 11$1.74$1.2639%1.38$136.26$156.74
125/128155/158Aug 21$0.42$2.5883%0.16$127.58$155.42
125/126155/158Sep 4$0.82$1.6864%0.49$125.18$155.82

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 85 found (best R:R 49.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$150.00$155.00$160.00Sep 18$0.10$4.9019%49.00
$145.00$150.00$155.00Sep 18$0.45$4.5520%10.11
$150.00$152.50$155.00Sep 4$0.13$2.3714%18.23
$155.00$157.50$160.00Aug 21$0.07$2.438%34.71
$152.50$155.00$157.50Aug 21$0.14$2.3613%16.86
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$130.00$135.00$140.00Sep 18$0.26$4.7418%18.23
$135.00$140.00$145.00Oct 2$0.31$4.6917%15.13
$150.00$152.50$155.00Aug 21$0.16$2.3419%14.62
$150.00$152.50$155.00Aug 28$0.14$2.3615%16.86
$141.00$142.00$143.00Aug 21$0.07$0.939%13.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 107 found (best net $-6.72, 100 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$125.00$136.001:2Oct 2-$6.72$4.28
$150.00$160.001:2Oct 2-$1.28$8.72
$125.00$135.001:2Sep 18-$6.91$3.09
$140.00$145.001:2Aug 28-$1.86$3.14
$160.00$165.001:2Sep 11-$0.36$4.64
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$140.00$135.001:2Sep 4-$0.33$4.67
$132.00$125.001:2Sep 25-$0.35$6.65
$135.00$130.001:2Sep 18-$0.36$4.64
$148.00$143.001:2Sep 11-$1.85$3.15
$130.00$125.001:2Sep 18-$0.30$4.70

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 59 found (best yield 4.60%, avg 1.75%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$150.00Oct 2$6.750.482.3%4.60%6.94%219
$147.00Oct 2$7.900.520.3%5.39%5.68%5811
$149.00Oct 2$6.900.491.6%4.71%6.36%6416
$148.00Oct 2$7.350.511.0%5.01%5.98%5419
$160.00Oct 2$3.350.329.2%2.29%11.44%3--
$150.00Sep 18$6.000.462.3%4.09%6.43%3867.4K
$155.00Sep 18$4.350.365.7%2.97%8.71%2.1K1.6K
$150.00Sep 25$5.650.472.3%3.85%6.19%3108
$147.00Sep 25$7.000.520.3%4.78%5.06%2--
$160.00Sep 25$3.000.319.2%2.05%11.20%3105

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 26,125
Total Puts 7,252
Put/Call Ratio 0.28
Net Difference 18,873

Prior's Put/Call Breakdown

Total Calls 26,767
Total Puts 18,014
Put/Call Ratio 0.67
Net Difference 8,753

Prior 7-Day Put/Call Summary

Total Calls 164,516
Total Puts 105,975
Average Put/Call Ratio 0.63
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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