Tour v526
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SHOPIFY INC A
$150.29 -2.33%
$150.70 (+0.27%)🌙
as of 08/26 07:03 PM
8/26 19:03

Option Volume

Detail
Current (08/26) 17,680
Calls: 11,894 (67%)
Puts: 5,786 (33%)
Prior (08/25) 27,203
Calls: 13,713 (50%)
Puts: 13,490 (50%)
Current vs Prior -35.01%
Calls: -13.26% (Calls)
Puts: -57.11% (Puts)
Prior 7-Day Total 254,582
Calls: 154,632 (61%)
Puts: 99,950 (39%)
Prior 7-Day Average 36,368
Calls: 22,090 (61%)
Puts: 14,278 (39%)
Current vs Prior 7-Day Avg -51.39%
Calls: -46.16%
Puts: -59.48%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/26) $11.02M
Calls: $8.04M (73%)
Puts: $2.98M (27%)
Prior (08/25) $17.75M
Calls: $12.05M (68%)
Puts: $5.70M (32%)
Current vs Prior -37.94%
Calls: -33.30%
Puts: -47.75%
Prior 7-Day Total $149.15M
Calls: $111.47M (75%)
Puts: $37.67M (25%)
Prior 7-Day Average $21.31M
Calls: $15.92M (75%)
Puts: $5.38M (25%)
Current vs Prior 7-Day Avg -48.30%
Calls: -49.52%
Puts: -44.70%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/26) 0.49
Prior (08/25) 0.98
Current vs Prior -50.55%
Prior 7-Day Average 0.67
Current vs Prior 7-Day Avg -27.11%
Sentiment BULLISH

Open Interest

Detail
Current (08/26) 479,948
Calls: 372,360 (78%)
Puts: 107,588 (22%)
Prior (08/25) 431,712
Calls: 341,214 (79%)
Puts: 90,498 (21%)
Current vs Prior +11.17%
Prior 7-Day Total 3,758,658
Calls: 2,866,216 (76%)
Puts: 892,442 (24%)
Prior 7-Day Average 536,951
Calls: 409,459 (76%)
Puts: 127,491 (24%)
Current vs Prior 7-Day Avg -10.62%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 3.79% | 6.44%9.32% | 14.92%
Prior 4.55% | 7.10%9.92% | 15.62%
Current vs Prior -16.77% | -9.32%-6.07% | -4.43%
Prior 7-Day Avg 4.10% | 6.58%4.29% | 12.53%
Current vs 7-Day Avg -7.72% | -2.15%+117.31% | +19.15%
Prior 7-Day Eod 4.55% | 7.10%9.92% | 15.62%
Current vs 7-Day Eod -16.77% | -9.32%-6.07% | -4.43%
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 73% call dollar volume ($8.04M). Extreme bullish P/C ratio of 0.49 - heavy call buying (11,894 calls vs 5,786 puts). P/C ratio dropping 51% - sentiment shifting bullish. Call-heavy open interest (372,360 calls vs 107,588 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 NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
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 15 of results (avg 8.7%, best 5.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 186.507.00$6.757.4%180.5310.0K
$125.00Sep 1825.6527.75$26.707.9%170.952.5K
$160.00Sep 182.913.15$3.037.9%5710.3082.3K
$121.00Aug 2828.5031.10$29.808.7%71.0052
$124.00Aug 2825.7528.10$26.938.7%280.9184
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Aug 281.962.08$2.025.9%6590.47762
$180.00Sep 1128.1530.65$29.408.5%11.00--
$155.00Sep 188.309.10$8.709.2%220.591.1K
$152.50Sep 186.907.60$7.259.7%10.53--
$177.50Sep 425.4028.05$26.739.9%11.00--

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 92 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$121.00Aug 2828.5031.10$29.808.7%71.0052
$135.00Aug 2815.1017.45$16.2714.4%130.9990
$130.00Aug 2819.6022.10$20.8512.0%640.97260
$131.00Aug 2818.4021.40$19.9015.1%820.9636
$125.00Sep 424.9027.25$26.089.0%100.9665
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Aug 2812.9515.60$14.2718.6%221.0037
$167.50Aug 2815.5018.05$16.7715.2%251.0012
$175.00Aug 2822.6025.60$24.1012.4%181.00--
$177.50Aug 2825.1028.10$26.6011.3%81.00--
$180.00Aug 2828.0031.25$29.6311.0%101.00--

Most actively traded options today. High liquidity = easy entry/exit. 224 active (total vol 7.2K, top 659)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Sep 182.913.15$3.037.9%5710.3082.3K
$170.00Sep 181.181.63$1.4032.1%5360.161.7K
$155.00Aug 280.570.84$0.7138.0%3870.223.3K
$160.00Aug 280.120.18$0.1540.0%1550.061.4K
$155.00Sep 184.004.75$4.3817.1%1220.413.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Aug 281.962.08$2.025.9%6590.47762
$135.00Sep 181.011.50$1.2539.2%4460.141.4K
$146.00Sep 41.682.77$2.2348.9%3080.32185
$140.00Sep 182.132.62$2.3820.6%2110.241.6K
$155.00Aug 284.805.55$5.1814.5%2010.78484

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 16 strikes (avg 16.4%, max 22.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$148.00Aug 28Sep 1149.5%40.3%22.7%3175
$147.00Aug 28Oct 248.9%40.3%21.4%14204
$145.00Aug 28Oct 249.3%41.1%20.1%6768
$150.00Aug 28Sep 2550.3%42.2%19.2%54908
$146.00Aug 28Oct 250.4%42.6%18.5%499
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$148.00Aug 28Sep 1149.5%40.3%22.7%16143
$150.00Aug 28Oct 250.3%42.2%19.4%679762
$146.00Aug 28Oct 250.4%42.6%18.5%3399
$149.00Aug 28Sep 1849.5%42.0%17.9%247467
$147.00Aug 28Sep 1848.9%41.8%16.8%4174

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 120 found (best R:R 3.35, avg 4.14)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$134.00$135.00Aug 28$0.23$0.77$0.2396%3.35$134.23
$147.00$155.00Oct 2$3.48$4.52$3.4859%1.30$150.48
$150.00$152.50Sep 25$0.80$1.70$0.8054%2.13$150.80
$155.00$157.50Sep 18$0.48$2.02$0.4841%4.21$155.48
$140.00$141.00Oct 2$0.35$0.65$0.3572%1.86$140.35
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$135.00$130.00Oct 2$0.47$4.53$0.4720%9.64$134.53
$140.00$138.00Sep 11$0.19$1.81$0.1919%9.53$139.81
$134.00$130.00Sep 18$0.27$3.73$0.2713%13.81$133.73
$152.50$150.00Aug 28$1.28$1.22$1.2864%0.95$151.22
$144.00$142.00Sep 18$0.47$1.53$0.4732%3.26$143.53

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 90 found (best R:R 1.38, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$155.00$157.50Oct 2$1.45$1.45$1.0555%1.38$156.45
$165.00$175.00Oct 2$2.01$2.01$7.9972%0.25$167.01
$170.00$175.00Sep 25$0.91$0.91$4.0981%0.22$170.91
$167.50$180.00Sep 11$0.66$0.66$11.8487%0.06$168.16
$165.00$167.50Sep 11$0.49$0.49$2.0182%0.24$165.49
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$146.00$140.00Oct 2$2.26$2.26$3.7461%0.60$143.74
$132.00$125.00Sep 25$0.91$0.91$6.0986%0.15$131.09
$138.00$137.00Sep 18$0.48$0.48$0.5280%0.92$137.52
$144.00$141.00Sep 11$0.98$0.98$2.0271%0.49$143.02
$132.00$130.00Sep 4$0.33$0.33$1.6793%0.20$131.67

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $1.93, cheapest $1.86)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$150.00Aug 28Sep 4$2.1450.3%44.0%
$148.00Aug 28Sep 4$1.8849.5%43.5%
$152.50Aug 28Sep 4$2.0350.6%44.9%
$149.00Aug 28Sep 4$2.0149.5%44.4%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$150.00Aug 28Sep 4$1.8650.3%44.0%
$148.00Aug 28Sep 4$1.7549.5%43.5%
$152.50Aug 28Sep 4$1.8550.6%44.9%
$149.00Aug 28Sep 4$1.8949.5%44.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 49 found (cheapest 2.93% of stock, avg 7.47%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$150.00Aug 28$2.39$2.02$4.41$145.59$154.412.93%
$149.00Aug 28$3.02$1.54$4.56$144.44$153.563.03%
$152.50Aug 28$1.30$3.30$4.60$147.90$157.103.06%
$148.00Aug 28$3.72$1.17$4.89$143.11$152.893.25%
$147.00Aug 28$4.40$0.84$5.24$141.76$152.243.49%
$146.00Aug 28$5.20$0.65$5.85$140.15$151.853.89%
$155.00Aug 28$0.71$5.18$5.89$149.11$160.893.92%
$145.00Aug 28$6.10$0.43$6.53$138.47$151.534.34%
$157.50Aug 28$0.35$6.93$7.28$150.22$164.784.84%
$144.00Aug 28$7.25$0.30$7.55$136.45$151.555.02%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 0.53% of stock, avg 4.36%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$160.00$146.00Aug 28$0.15$0.65$0.80$145.20$160.80
$157.50$146.00Aug 28$0.35$0.65$1.00$145.00$158.50
$160.00$147.00Aug 28$0.15$0.84$0.99$146.01$160.99
$155.00$146.00Aug 28$0.71$0.65$1.36$144.64$156.36
$157.50$147.00Aug 28$0.35$0.84$1.19$145.81$158.69
$155.00$147.00Aug 28$0.71$0.84$1.55$145.45$156.55
$160.00$148.00Aug 28$0.15$1.17$1.32$146.68$161.32
$157.50$148.00Aug 28$0.35$1.17$1.52$146.48$159.02
$155.00$148.00Aug 28$0.71$1.17$1.88$146.12$156.88
$152.50$146.00Aug 28$1.30$0.65$1.95$144.05$154.45

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 181 found (best R:R 0.28, avg credit $0.83)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
130/132168/170Sep 4$0.54$1.9684%0.28$131.46$168.04
130/132160/162Sep 4$0.82$1.6872%0.49$131.18$160.82
130/132165/168Sep 4$0.57$1.9380%0.30$131.43$165.57
141/144165/168Sep 11$1.47$1.5353%0.96$142.53$166.47
135/137158/160Aug 28$0.44$2.0682%0.21$136.56$157.94
141/144158/160Sep 11$1.83$1.1737%1.56$142.17$159.33
130/132158/160Sep 4$0.80$1.7066%0.47$131.20$158.30
135/136168/170Sep 4$0.39$2.1181%0.18$135.61$167.89
134/137165/168Sep 11$0.88$2.1268%0.42$136.12$165.88
130/132155/158Sep 4$0.96$1.5458%0.62$131.04$155.96

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 65 found (best R:R 61.50, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$130.00$135.00$140.00Sep 18$0.08$4.9214%61.50
$170.00$175.00$180.00Sep 18$0.09$4.9110%54.56
$152.50$155.00$157.50Aug 28$0.23$2.2723%9.87
$155.00$157.50$160.00Aug 28$0.16$2.3416%14.62
$155.00$157.50$160.00Sep 4$0.16$2.3414%14.62
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$170.00$172.50$175.00Sep 4$0.07$2.436%34.71
$148.00$149.00$150.00Aug 28$0.11$0.8914%8.09
$144.00$145.00$146.00Aug 28$0.09$0.919%10.11
$139.00$140.00$141.00Sep 18$0.07$0.934%13.29
$143.00$144.00$145.00Aug 28$0.09$0.916%10.11

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 97 found (best net $-1.95, 84 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$141.00$148.001:2Sep 11-$1.95$5.05
$157.50$165.001:2Oct 2-$1.29$6.21
$150.00$152.501:2Aug 28-$0.21$2.29
$170.00$175.001:2Sep 25-$0.17$4.83
$152.50$155.001:2Aug 28-$0.12$2.38
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$152.50$150.001:2Aug 28-$0.74$1.76
$155.00$152.501:2Aug 28-$1.42$1.08
$146.00$140.001:2Oct 2-$1.51$4.49
$144.00$141.001:2Sep 11-$0.58$2.42
$137.00$134.001:2Sep 11-$0.27$2.73

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 41 found (best yield 4.16%, avg 1.32%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$155.00Oct 2$6.250.453.1%4.16%7.29%17122
$152.50Sep 25$6.450.491.5%4.29%5.76%2--
$155.00Sep 25$5.450.443.1%3.63%6.76%431
$157.50Oct 2$4.300.404.8%2.86%7.66%2107
$165.00Oct 2$2.190.289.8%1.46%11.24%1--
$160.00Sep 25$2.840.346.5%1.89%8.35%2135
$152.50Sep 18$5.100.471.5%3.39%4.86%3939
$155.00Sep 18$4.000.413.1%2.66%5.80%1223.7K
$160.00Sep 18$2.910.306.5%1.94%8.40%57182.3K
$157.50Sep 18$3.200.364.8%2.13%6.93%1--

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 11,894
Total Puts 5,786
Put/Call Ratio 0.49
Net Difference 6,108

Prior's Put/Call Breakdown

Total Calls 13,713
Total Puts 13,490
Put/Call Ratio 0.98
Net Difference 223

Prior 7-Day Put/Call Summary

Total Calls 154,632
Total Puts 99,950
Average Put/Call Ratio 0.67
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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