Tour v526
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SHOPIFY INC A
$154.33 +2.69%
$154.09 (-0.16%)🌙
as of 08/27 07:01 PM
8/27 19:01

Option Volume

Detail
Current (08/27) 26,977
Calls: 14,650 (54%)
Puts: 12,327 (46%)
Prior (08/26) 17,680
Calls: 11,894 (67%)
Puts: 5,786 (33%)
Current vs Prior +52.58%
Calls: +23.17% (Calls)
Puts: +113.05% (Puts)
Prior 7-Day Total 231,121
Calls: 141,965 (61%)
Puts: 89,156 (39%)
Prior 7-Day Average 33,017
Calls: 20,280 (61%)
Puts: 12,736 (39%)
Current vs Prior 7-Day Avg -18.29%
Calls: -27.76%
Puts: -3.22%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/27) $19.10M
Calls: $12.15M (64%)
Puts: $6.95M (36%)
Prior (08/26) $11.02M
Calls: $8.04M (73%)
Puts: $2.98M (27%)
Current vs Prior +73.39%
Calls: +51.15%
Puts: +133.45%
Prior 7-Day Total $134.45M
Calls: $99.59M (74%)
Puts: $34.86M (26%)
Prior 7-Day Average $19.21M
Calls: $14.23M (74%)
Puts: $4.98M (26%)
Current vs Prior 7-Day Avg -0.56%
Calls: -14.60%
Puts: +39.54%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/27) 0.84
Prior (08/26) 0.49
Current vs Prior +72.97%
Prior 7-Day Average 0.64
Current vs Prior 7-Day Avg +31.37%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/27) 581,526
Calls: 446,610 (77%)
Puts: 134,916 (23%)
Prior (08/26) 479,948
Calls: 372,360 (78%)
Puts: 107,588 (22%)
Current vs Prior +21.16%
Prior 7-Day Total 3,630,634
Calls: 2,770,403 (76%)
Puts: 860,231 (24%)
Prior 7-Day Average 518,662
Calls: 395,771 (76%)
Puts: 122,890 (24%)
Current vs Prior 7-Day Avg +12.12%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 3.04% | 6.13%9.30% | 14.58%
Prior 3.79% | 6.44%9.32% | 14.92%
Current vs Prior -19.73% | -4.83%-0.11% | -2.31%
Prior 7-Day Avg 3.86% | 6.46%4.83% | 12.89%
Current vs 7-Day Avg -21.28% | -5.05%+92.48% | +13.09%
Prior 7-Day Eod 3.79% | 6.44%9.32% | 14.92%
Current vs 7-Day Eod -19.73% | -4.83%-0.11% | -2.31%
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 64% call dollar volume ($12.15M). Elevated premium activity with dollar volume up 73% vs prior. Above-average activity with volume up 53% vs prior. P/C ratio rising 73% - increased hedging/bearish 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 NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 7.8%, best 5.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 188.709.20$8.955.6%860.6310.0K
$160.00Sep 184.104.45$4.288.2%1.9K0.3982.2K
$150.00Sep 259.6010.45$10.028.5%20.61161
$140.00Sep 1815.1016.45$15.778.6%1790.8347.6K
$145.00Sep 1811.8012.90$12.358.9%880.743.1K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Sep 186.406.75$6.585.3%5690.491.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.85, cheapest $0.85)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$135.00Sep 180.780.91$0.8515.3%1130.101.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 104 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Aug 2827.8531.30$29.5811.7%11.00--
$135.00Aug 2818.3520.50$19.4311.1%231.0086
$140.00Aug 2813.0015.45$14.2317.2%131.00477
$134.00Sep 418.8021.85$20.3315.0%211.005
$135.00Sep 417.6020.90$19.2517.1%221.0046
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Aug 2819.2522.65$20.9516.2%80.99--
$172.50Aug 2816.7520.25$18.5018.9%60.97--
$162.50Aug 286.909.45$8.1831.2%230.9638
$175.00Sep 419.9022.00$20.9510.0%110.9678
$180.00Sep 1124.2027.70$25.9513.5%270.931

Most actively traded options today. High liquidity = easy entry/exit. 270 active (total vol 20.2K, top 2.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Sep 184.104.45$4.288.2%1.9K0.3982.2K
$155.00Sep 185.956.75$6.3512.6%1.0K0.513.7K
$155.00Aug 281.181.33$1.2512.0%1.0K0.433.4K
$160.00Aug 280.160.21$0.1926.3%9340.101.4K
$160.00Sep 41.772.04$1.9114.1%6320.30428
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Aug 280.050.16$0.11100.0%2.1K0.042.5K
$140.00Aug 280.000.10$0.05200.0%2.0K0.024.4K
$150.00Aug 280.230.44$0.3461.8%7000.15625
$155.00Sep 186.406.75$6.585.3%5690.491.1K
$152.50Aug 280.710.97$0.8431.0%3860.32295

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 19.0%, max 33.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$150.00Aug 28Oct 255.0%41.2%33.4%223786
$152.50Aug 28Oct 951.4%43.1%19.3%206708
$155.00Aug 28Oct 951.1%43.2%18.3%1.0K3.4K
$157.50Aug 28Oct 251.6%46.1%11.9%475743
$137.00Sep 25Oct 243.9%43.8%0.2%8046
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$150.00Aug 28Sep 2555.0%41.9%31.2%706625
$152.50Aug 28Oct 951.4%43.1%19.3%390295
$155.00Aug 28Oct 951.1%43.2%18.3%312505

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 146 found (best R:R 2.73, avg 4.15)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$155.00$157.50Oct 2$0.67$1.83$0.6751%2.73$155.67
$152.50$155.00Oct 9$0.95$1.55$0.9557%1.63$153.45
$134.00$135.00Oct 2$0.45$0.55$0.4587%1.22$134.45
$160.00$165.00Sep 25$1.30$3.70$1.3040%2.85$161.30
$137.00$138.00Oct 2$0.42$0.58$0.4282%1.38$137.42
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$148.00$146.00Sep 25$0.19$1.81$0.1934%9.53$147.81
$148.00$147.00Sep 4$0.10$0.90$0.1025%9.00$147.90
$130.00$125.00Sep 25$0.19$4.81$0.198%25.32$129.81
$145.00$143.00Oct 2$0.44$1.56$0.4430%3.55$144.56
$138.00$136.00Sep 18$0.14$1.86$0.1414%13.29$137.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 111 found (best R:R 0.74, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$162.50$165.00Oct 2$1.25$1.25$1.2562%1.00$163.75
$172.50$175.00Sep 25$0.69$0.69$1.8179%0.38$173.19
$167.50$170.00Sep 11$0.50$0.50$2.0082%0.25$168.00
$167.50$170.00Sep 25$0.77$0.77$1.7372%0.45$168.27
$157.50$160.00Sep 25$1.22$1.22$1.2854%0.95$158.72
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$139.00$137.00Aug 28$0.85$0.85$1.1587%0.74$138.15
$142.00$141.00Sep 25$0.63$0.63$0.3777%1.70$141.37
$140.00$139.00Oct 2$0.54$0.54$0.4677%1.17$139.46
$150.00$148.00Sep 25$1.03$1.03$0.9762%1.06$148.97
$136.00$134.00Sep 4$0.37$0.37$1.6393%0.23$135.63

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $2.13, cheapest $2.28)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$152.50Aug 28Sep 4$2.2851.4%44.5%
$155.00Aug 28Sep 4$2.4851.1%45.4%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$152.50Aug 28Sep 4$2.3951.4%44.5%
$155.00Aug 28Sep 4$2.4951.1%45.4%
$160.00Sep 4Sep 11$1.0345.4%41.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 54 found (cheapest 2.07% of stock, avg 8.06%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$155.00Aug 28$1.25$1.94$3.19$151.81$158.192.07%
$152.50Aug 28$2.75$0.84$3.59$148.91$156.092.33%
$157.50Aug 28$0.49$3.75$4.24$153.26$161.742.75%
$150.00Aug 28$4.60$0.34$4.94$145.06$154.943.20%
$149.00Aug 28$5.40$0.23$5.63$143.37$154.633.65%
$148.00Aug 28$6.78$0.18$6.96$141.04$154.964.51%
$147.00Aug 28$7.35$0.13$7.48$139.52$154.484.85%
$155.00Sep 4$3.73$4.43$8.16$146.84$163.165.29%
$162.50Aug 28$0.08$8.18$8.26$154.24$170.765.35%
$152.50Sep 4$5.03$3.23$8.26$144.24$160.765.35%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 143 found (cheapest 0.27% of stock, avg 4.69%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$160.00$149.00Aug 28$0.19$0.23$0.42$148.58$160.42
$160.00$146.00Aug 28$0.19$0.30$0.49$145.51$160.49
$160.00$150.00Aug 28$0.19$0.34$0.53$149.47$160.53
$157.50$149.00Aug 28$0.49$0.23$0.72$148.28$158.22
$157.50$150.00Aug 28$0.49$0.34$0.83$149.17$158.33
$157.50$146.00Aug 28$0.49$0.30$0.79$145.21$158.29
$160.00$139.00Aug 28$0.19$1.07$1.26$137.74$161.26
$160.00$152.50Aug 28$0.19$0.84$1.03$151.47$161.03
$157.50$152.50Aug 28$0.49$0.84$1.33$151.17$158.83
$157.50$139.00Aug 28$0.49$1.07$1.56$137.44$159.06

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 258 found (best R:R 0.62, avg credit $0.79)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
137/139160/162Aug 28$0.96$1.5477%0.62$138.04$160.96
137/139158/160Aug 28$1.15$1.3565%0.85$137.85$158.65
141/142172/175Sep 25$1.32$1.1856%1.12$140.68$173.82
134/136168/170Sep 4$0.67$1.8381%0.37$135.33$168.17
134/136160/162Sep 4$1.11$1.3963%0.80$134.89$161.11
141/142168/170Sep 25$1.40$1.1049%1.27$140.60$168.90
134/136162/165Sep 4$0.82$1.6871%0.49$135.18$163.32
133/135172/175Sep 25$0.94$1.5666%0.60$134.06$173.44
145/147168/170Sep 11$1.22$1.2855%0.95$145.78$168.72
130/132172/175Sep 25$0.86$1.6469%0.52$131.14$173.36

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 78 found (best R:R 14.15, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$150.00$152.50$155.00Aug 28$0.35$2.1542%6.14
$150.00$152.50$155.00Sep 4$0.07$2.4319%34.71
$152.50$155.00$157.50Sep 4$0.18$2.3220%12.89
$157.50$160.00$162.50Aug 28$0.19$2.3118%12.16
$155.00$157.50$160.00Aug 28$0.46$2.0434%4.43
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$155.00$160.00$165.00Sep 18$0.33$4.6722%14.15
$150.00$152.50$155.00Sep 11$0.13$2.3715%18.23
$150.00$152.50$155.00Sep 25$0.08$2.4211%30.25
$150.00$152.50$155.00Aug 28$0.60$1.9042%3.17
$125.00$130.00$135.00Sep 18$0.12$4.886%40.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 116 found (best net $-0.91, 97 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$167.50$175.001:2Oct 2-$0.54$6.96
$150.00$152.501:2Aug 28-$0.90$1.60
$175.00$180.001:2Sep 18-$0.12$4.88
$160.00$162.501:2Sep 4-$0.43$2.07
$162.50$165.001:2Sep 4-$0.27$2.23
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$155.00$146.001:2Oct 2-$0.91$8.09
$160.00$155.001:2Sep 4-$1.36$3.64
$157.50$155.001:2Aug 28-$0.13$2.37
$160.00$155.001:2Sep 11-$2.37$2.63
$135.00$130.001:2Sep 18-$0.21$4.79

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 52 found (best yield 5.35%, avg 1.63%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$155.00Oct 9$8.250.530.4%5.35%5.78%1--
$160.00Oct 9$5.800.453.7%3.76%7.43%3--
$157.50Oct 2$6.600.462.0%4.28%6.33%7109
$155.00Oct 2$7.400.510.4%4.79%5.23%3136
$162.50Oct 2$4.500.385.3%2.92%8.21%32
$160.00Oct 2$5.050.423.7%3.27%6.95%3--
$157.50Sep 25$5.900.462.0%3.82%5.88%172--
$155.00Sep 25$7.000.510.4%4.54%4.97%730
$165.00Sep 25$3.450.326.9%2.24%9.15%20270
$167.50Oct 2$2.830.308.5%1.83%10.37%3--

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 14,650
Total Puts 12,327
Put/Call Ratio 0.84
Net Difference 2,323

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 141,965
Total Puts 89,156
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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