Tour v526
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SHOPIFY INC A
$146.58 +0.00%
$147.08 (+0.34%)🌙
as of 08/19 07:01 PM
8/19 19:01

Option Volume

Detail
Current (08/19) 23,336
Calls: 14,186 (61%)
Puts: 9,150 (39%)
Prior (08/18) 33,377
Calls: 26,125 (78%)
Puts: 7,252 (22%)
Current vs Prior -30.08%
Calls: -45.70% (Calls)
Puts: +26.17% (Puts)
Prior 7-Day Total 232,727
Calls: 148,496 (64%)
Puts: 84,231 (36%)
Prior 7-Day Average 33,246
Calls: 21,213 (64%)
Puts: 12,033 (36%)
Current vs Prior 7-Day Avg -29.81%
Calls: -33.13%
Puts: -23.96%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/19) $12.49M
Calls: $7.79M (62%)
Puts: $4.70M (38%)
Prior (08/18) $18.72M
Calls: $15.93M (85%)
Puts: $2.79M (15%)
Current vs Prior -33.25%
Calls: -51.07%
Puts: +68.62%
Prior 7-Day Total $175.91M
Calls: $139.82M (79%)
Puts: $36.09M (21%)
Prior 7-Day Average $25.13M
Calls: $19.97M (79%)
Puts: $5.16M (21%)
Current vs Prior 7-Day Avg -50.28%
Calls: -60.98%
Puts: -8.86%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/19) 0.65
Prior (08/18) 0.28
Current vs Prior +132.36%
Prior 7-Day Average 0.57
Current vs Prior 7-Day Avg +12.91%
Sentiment BULLISH

Open Interest

Detail
Current (08/19) 578,624
Calls: 444,561 (77%)
Puts: 134,063 (23%)
Prior (08/18) 555,166
Calls: 435,389 (78%)
Puts: 119,777 (22%)
Current vs Prior +4.23%
Prior 7-Day Total 4,215,084
Calls: 3,207,646 (76%)
Puts: 1,007,438 (24%)
Prior 7-Day Average 602,154
Calls: 458,235 (76%)
Puts: 143,919 (24%)
Current vs Prior 7-Day Avg -3.91%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 3.15% | 5.81%3.15% | 11.94%
Prior 3.82% | 6.34%3.82% | 12.13%
Current vs Prior -17.68% | -8.49%-17.68% | -1.57%
Prior 7-Day Avg 4.27% | 6.77%5.79% | 12.86%
Current vs 7-Day Avg -26.40% | -14.18%-45.64% | -7.14%
Prior 7-Day Eod 3.82% | 6.34%3.82% | 12.13%
Current vs 7-Day Eod -17.68% | -8.49%-17.68% | -1.57%
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

Moderately bullish flow with 62% call dollar volume ($7.79M). Bullish P/C ratio of 0.65. P/C ratio rising 132% - increased hedging/bearish positioning. Call-heavy open interest (444,561 calls vs 134,063 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 7 of results (avg 8.3%, best 4.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Aug 284.855.05$4.954.0%5320.58207
$130.00Aug 2115.9017.35$16.638.7%120.932.1K
$120.00Aug 2825.4027.80$26.609.0%10.97--
$120.00Sep 425.7028.20$26.959.3%20.9514
$134.00Sep 1114.2015.65$14.939.7%400.81--
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$172.50Sep 425.1527.20$26.177.8%740.92--
$170.00Sep 422.7525.05$23.909.6%160.92--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.77, cheapest $0.77)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Aug 210.700.85$0.7719.5%6490.264.6K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 119 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$124.00Aug 2120.6523.90$22.2814.6%21.00127
$125.00Aug 2120.7022.90$21.8010.1%181.001.5K
$126.00Aug 2119.3021.55$20.4311.0%151.0033
$131.00Aug 2113.6516.90$15.2721.3%5001.00--
$132.00Aug 2112.7015.90$14.3022.4%41.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Aug 2112.2014.75$13.4818.9%320.98--
$157.50Aug 219.9512.30$11.1321.1%190.9778
$170.00Aug 2822.2025.50$23.8513.8%220.959
$155.00Aug 217.259.90$8.5730.9%170.94198
$172.50Aug 2824.7028.05$26.3812.7%210.9422

Most actively traded options today. High liquidity = easy entry/exit. 284 active (total vol 18.2K, top 4.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Sep 182.723.05$2.8911.4%4.2K0.2780.4K
$155.00Aug 210.080.19$0.1478.6%6920.064.7K
$150.00Aug 210.700.85$0.7719.5%6490.264.6K
$145.00Aug 284.855.05$4.954.0%5320.58207
$131.00Aug 2113.6516.90$15.2721.3%5001.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Sep 180.701.00$0.8535.3%5100.093.2K
$135.00Aug 210.040.06$0.0540.0%3830.02978
$140.00Sep 183.754.55$4.1519.3%3640.331.3K
$125.00Aug 210.000.01$0.01100.0%3530.005.0K
$134.00Aug 210.000.14$0.07200.0%3500.0379

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 17 strikes (avg 7.5%, max 12.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$143.00Aug 21Sep 2548.5%43.2%12.3%1734
$146.00Aug 21Oct 247.9%42.9%11.7%13234
$147.00Aug 21Oct 247.7%42.9%11.2%13381
$145.00Aug 21Oct 247.2%44.1%7.0%1403.3K
$148.00Aug 21Oct 247.9%45.0%6.4%5732
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$143.00Aug 21Oct 248.5%42.9%12.9%174196
$146.00Aug 21Oct 247.9%42.9%11.7%90171
$148.00Aug 21Sep 2547.9%44.0%8.8%67417
$142.00Aug 21Sep 2546.4%42.8%8.3%222.2K
$145.00Aug 21Oct 247.2%44.1%7.0%2824.8K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 152 found (best R:R 3.00, avg 3.69)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$133.00$134.00Sep 11$0.25$0.75$0.2583%3.00$133.25
$124.00$125.00Aug 21$0.48$0.52$0.48100%1.08$124.48
$134.00$143.00Sep 25$5.90$3.10$5.9077%0.53$139.90
$148.00$157.50Oct 2$3.42$6.08$3.4251%1.78$151.42
$150.00$155.00Sep 18$1.55$3.45$1.5546%2.23$151.55
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$142.00$140.00Sep 25$0.37$1.63$0.3738%4.41$141.63
$157.50$152.50Sep 11$3.20$1.80$3.2072%0.56$154.30
$145.00$144.00Aug 28$0.18$0.82$0.1842%4.56$144.82
$146.00$145.00Oct 2$0.27$0.73$0.2746%2.70$145.73
$135.00$132.00Sep 11$0.32$2.68$0.3219%8.38$134.68

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 108 found (best R:R 0.63, avg 0.41)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$167.50$170.00Sep 11$0.46$0.46$2.0486%0.23$167.96
$152.50$155.00Aug 28$0.82$0.82$1.6869%0.49$153.32
$149.00$150.00Aug 28$0.61$0.61$0.3957%1.56$149.61
$172.50$175.00Aug 28$0.22$0.22$2.2895%0.10$172.72
$147.00$148.00Oct 2$0.68$0.68$0.3248%2.13$147.68
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$140.00$134.00Sep 25$2.32$2.32$3.6865%0.63$137.68
$143.00$135.00Oct 2$2.96$2.96$5.0460%0.59$140.04
$138.00$135.00Sep 11$1.06$1.06$1.9473%0.55$136.94
$145.00$143.00Oct 2$1.20$1.20$0.8056%1.50$143.80
$130.00$125.00Sep 18$0.84$0.84$4.1684%0.20$129.16

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $2.16, cheapest $3.37)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$146.00Aug 21Sep 4$3.3747.9%43.0%
$145.00Aug 21Aug 28$1.9947.2%43.4%
$148.00Aug 21Aug 28$2.0947.9%44.3%
$147.00Aug 21Aug 28$2.2247.7%45.2%
$149.00Aug 21Aug 28$2.1647.2%45.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$146.00Aug 21Aug 28$1.8747.9%43.9%
$145.00Aug 21Aug 28$1.8247.2%43.4%
$148.00Aug 21Aug 28$1.8347.9%44.3%
$147.00Aug 21Aug 28$1.9047.7%45.2%
$149.00Aug 21Aug 28$1.7847.2%45.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 56 found (cheapest 2.76% of stock, avg 7.96%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$147.00Aug 21$1.81$2.23$4.04$142.96$151.042.76%
$146.00Aug 21$2.38$1.77$4.15$141.85$150.152.83%
$148.00Aug 21$1.40$2.82$4.22$143.78$152.222.88%
$145.00Aug 21$2.96$1.31$4.27$140.73$149.272.91%
$149.00Aug 21$1.02$3.45$4.47$144.53$153.473.05%
$150.00Aug 21$0.77$4.18$4.95$145.05$154.953.38%
$143.00Aug 21$4.35$0.73$5.08$137.92$148.083.47%
$141.00Aug 21$5.98$0.38$6.36$134.64$147.364.34%
$152.50Aug 21$0.34$6.03$6.37$146.13$158.874.35%
$140.00Aug 21$7.05$0.26$7.31$132.69$147.314.99%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 0.55% of stock, avg 4.68%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$152.50$142.00Aug 21$0.34$0.46$0.80$141.20$153.30
$152.50$143.00Aug 21$0.34$0.73$1.07$141.93$153.57
$150.00$142.00Aug 21$0.77$0.46$1.23$140.77$151.23
$150.00$143.00Aug 21$0.77$0.73$1.50$141.50$151.50
$152.50$144.00Aug 21$0.34$0.99$1.33$142.67$153.83
$149.00$142.00Aug 21$1.02$0.46$1.48$140.52$150.48
$150.00$144.00Aug 21$0.77$0.99$1.76$142.24$151.76
$149.00$143.00Aug 21$1.02$0.73$1.75$141.25$150.75
$149.00$144.00Aug 21$1.02$0.99$2.01$141.99$151.01
$152.50$145.00Aug 21$0.34$1.31$1.65$143.35$154.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 188 found (best R:R 1.03, avg credit $0.77)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
135/138168/170Sep 11$1.52$1.4860%1.03$136.48$169.02
121/123172/175Aug 28$0.50$2.0089%0.25$122.50$173.00
121/123152/155Aug 28$1.10$1.4063%0.79$121.90$153.60
128/129172/175Aug 28$0.46$2.0488%0.23$128.54$172.96
136/137149/150Aug 21$0.58$0.4258%1.38$136.42$149.58
128/129152/155Aug 28$1.06$1.4463%0.74$127.94$153.56
124/126168/170Sep 11$0.68$1.8278%0.37$125.32$168.18
127/128168/170Sep 11$0.73$1.7776%0.41$127.27$168.23
135/138165/168Sep 11$1.41$1.5956%0.89$136.59$166.41
136/137162/165Aug 21$0.44$2.0686%0.21$136.56$162.94

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 90 found (best R:R 26.78, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$140.00$145.00$150.00Sep 18$0.18$4.8222%26.78
$150.00$155.00$160.00Sep 18$0.14$4.8619%34.71
$130.00$135.00$140.00Sep 18$0.22$4.7817%21.73
$135.00$140.00$145.00Aug 28$0.65$4.3530%6.69
$135.00$138.00$141.00Sep 4$0.14$2.8615%20.43
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$145.00$150.00$155.00Sep 18$0.28$4.7221%16.86
$125.00$130.00$135.00Sep 18$0.08$4.9214%61.50
$155.00$160.00$165.00Sep 18$0.22$4.7817%21.73
$135.00$140.00$145.00Sep 18$0.41$4.5920%11.20
$143.00$144.00$145.00Aug 21$0.06$0.9414%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. 129 found (best net $-1.61, 117 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$148.00$157.501:2Oct 2-$1.61$7.89
$134.00$143.001:2Sep 25-$4.43$4.57
$140.00$145.001:2Aug 28-$1.65$3.35
$155.00$162.501:2Sep 25-$1.04$6.46
$150.00$155.001:2Sep 4-$0.75$4.25
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$143.00$135.001:2Oct 2-$1.01$6.99
$140.00$134.001:2Sep 25-$0.69$5.31
$130.00$125.001:2Sep 18-$0.01$4.99
$140.00$135.001:2Sep 18-$1.07$3.93
$130.00$126.001:2Sep 4-$0.15$3.85

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 63 found (best yield 5.25%, avg 1.65%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$147.00Oct 2$7.700.520.3%5.25%5.54%841
$148.00Oct 2$7.100.511.0%4.84%5.81%1--
$157.50Oct 2$3.600.357.5%2.46%9.91%6--
$150.00Sep 25$5.800.472.3%3.96%6.29%7110
$160.00Oct 2$2.930.329.2%2.00%11.15%1--
$152.50Sep 25$4.700.424.0%3.21%7.25%216
$149.00Sep 25$5.900.491.6%4.03%5.68%713
$148.00Sep 25$6.350.501.0%4.33%5.30%104
$147.00Sep 25$6.800.520.3%4.64%4.93%124
$155.00Sep 18$3.850.365.7%2.63%8.37%713.0K

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 14,186
Total Puts 9,150
Put/Call Ratio 0.65
Net Difference 5,036

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 148,496
Total Puts 84,231
Average Put/Call Ratio 0.57
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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