Tour v526
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SHOPIFY INC A
$152.90 -0.93%
$152.89 (-0.01%)🌙
as of 08/28 07:00 PM
8/28 19:00

Option Volume

Detail
Current (08/28) 33,830
Calls: 17,494 (52%)
Puts: 16,336 (48%)
Prior (08/27) 26,977
Calls: 14,650 (54%)
Puts: 12,327 (46%)
Current vs Prior +25.40%
Calls: +19.41% (Calls)
Puts: +32.52% (Puts)
Prior 7-Day Total 213,317
Calls: 129,848 (61%)
Puts: 83,469 (39%)
Prior 7-Day Average 30,473
Calls: 18,549 (61%)
Puts: 11,924 (39%)
Current vs Prior 7-Day Avg +11.01%
Calls: -5.69%
Puts: +37.00%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/28) $17.76M
Calls: $11.63M (66%)
Puts: $6.12M (34%)
Prior (08/27) $19.10M
Calls: $12.15M (64%)
Puts: $6.95M (36%)
Current vs Prior -7.03%
Calls: -4.26%
Puts: -11.88%
Prior 7-Day Total $124.34M
Calls: $90.10M (72%)
Puts: $34.24M (28%)
Prior 7-Day Average $17.76M
Calls: $12.87M (72%)
Puts: $4.89M (28%)
Current vs Prior 7-Day Avg -0.04%
Calls: -9.62%
Puts: +25.17%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/28) 0.93
Prior (08/27) 0.84
Current vs Prior +10.98%
Prior 7-Day Average 0.66
Current vs Prior 7-Day Avg +40.52%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/28) 550,911
Calls: 434,039 (79%)
Puts: 116,872 (21%)
Prior (08/27) 581,526
Calls: 446,610 (77%)
Puts: 134,916 (23%)
Current vs Prior -5.26%
Prior 7-Day Total 3,630,166
Calls: 2,768,920 (76%)
Puts: 861,246 (24%)
Prior 7-Day Average 518,595
Calls: 395,560 (76%)
Puts: 123,035 (24%)
Current vs Prior 7-Day Avg +6.23%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 1.79% | 5.53%8.95% | 13.93%
Prior 3.04% | 6.13%9.30% | 14.58%
Current vs Prior +81.86% | +17.69%-3.84% | -4.45%
Prior 7-Day Avg 3.68% | 6.36%5.55% | 13.19%
Current vs 7-Day Avg +50.20% | +13.41%+61.25% | +5.59%
Prior 7-Day Eod 3.04% | 6.13%9.30% | 14.58%
Current vs 7-Day Eod +81.86% | +17.69%-3.84% | -4.45%
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

Moderately bullish flow with 66% call dollar volume ($11.63M). Call-heavy open interest (434,039 calls vs 116,872 puts) suggests bullish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
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 16 of results (avg 8.7%, best 6.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Sep 185.155.50$5.336.6%2970.473.6K
$125.00Sep 1127.2029.15$28.176.9%40.9453
$124.00Sep 428.1030.20$29.157.2%10.90--
$128.00Sep 423.9526.00$24.988.2%10.89--
$125.00Aug 2826.7029.05$27.888.4%161.00155
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 1826.3528.70$27.538.5%70.92--

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. 105 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Aug 2826.7029.05$27.888.4%161.00155
$135.00Aug 2816.7519.05$17.9012.8%341.0086
$137.00Aug 2815.0017.10$16.0513.1%11.004
$140.00Aug 2810.8514.70$12.7730.1%1421.00467
$147.00Aug 284.507.05$5.7844.1%41.0057
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Aug 285.408.00$6.7038.8%400.99114
$175.00Sep 421.1523.50$22.3310.5%250.9981
$155.00Aug 281.662.92$2.2955.0%5610.95601
$180.00Sep 1826.3528.70$27.538.5%70.92--
$165.00Sep 410.7014.55$12.6330.5%60.90--

Most actively traded options today. High liquidity = easy entry/exit. 257 active (total vol 27.0K, top 4.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Aug 280.010.04$0.03100.0%3.1K0.053.5K
$157.50Sep 41.571.86$1.7216.9%2.5K0.31306
$145.00Sep 1810.0511.90$10.9816.8%6590.723.1K
$175.00Sep 110.110.65$0.38142.1%5270.07108
$160.00Sep 40.951.18$1.0721.5%4960.22757
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Sep 40.580.98$0.7851.3%4.2K0.17223
$150.00Sep 41.952.29$2.1216.0%2.1K0.362.4K
$140.00Aug 280.000.01$0.01100.0%2.0K0.002.4K
$155.00Aug 281.662.92$2.2955.0%5610.95601
$152.50Aug 280.020.21$0.12158.3%3350.29289

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 15 strikes (avg 1662.6%, max 2456.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$141.00Aug 28Sep 181096.6%44.3%2378.0%576
$143.00Aug 28Sep 4967.9%43.1%2144.1%1827
$144.00Aug 28Sep 11815.4%38.7%2007.2%6117
$145.00Aug 28Oct 2836.2%42.7%1857.0%405743
$146.00Aug 28Sep 18768.9%42.6%1704.8%14104
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$141.00Aug 28Oct 21096.6%42.9%2456.1%59211
$142.00Aug 28Sep 251032.5%42.2%2344.6%53304
$143.00Aug 28Sep 25967.9%42.1%2197.3%12173
$144.00Aug 28Sep 11815.4%38.7%2007.2%178318
$145.00Aug 28Oct 9836.2%43.7%1812.6%12593

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 124 found (best R:R 0.59, avg 4.01)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$155.00$157.50Oct 9$0.40$2.10$0.4049%5.25$155.40
$135.00$136.00Sep 25$0.25$0.75$0.2586%3.00$135.25
$133.00$134.00Oct 2$0.27$0.73$0.2786%2.70$133.27
$152.50$155.00Sep 25$0.65$1.85$0.6553%2.85$153.15
$140.00$145.00Oct 2$3.23$1.77$3.2376%0.55$143.23
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$160.00$157.50Aug 28$1.57$0.93$1.5799%0.59$158.43
$150.00$149.00Sep 11$0.11$0.89$0.1139%8.09$149.89
$147.00$145.00Sep 11$0.26$1.74$0.2629%6.69$146.74
$145.00$143.00Sep 25$0.40$1.60$0.4030%4.00$144.60
$135.00$130.00Sep 18$0.24$4.76$0.2411%19.83$134.76

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 92 found (best R:R 0.15, avg 0.45)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$160.00$162.50Sep 25$1.15$1.15$1.3562%0.85$161.15
$175.00$180.00Oct 2$0.85$0.85$4.1582%0.20$175.85
$167.50$170.00Sep 11$0.49$0.49$2.0185%0.24$167.99
$170.00$172.50Sep 18$0.53$0.53$1.9783%0.27$170.53
$162.50$165.00Sep 11$0.68$0.68$1.8276%0.37$163.18
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$133.00$125.00Aug 28$1.06$1.06$6.9489%0.15$131.94
$138.00$135.00Aug 28$1.06$1.06$1.9486%0.55$136.94
$139.00$135.00Oct 9$1.38$1.38$2.6278%0.53$137.62
$148.00$147.00Aug 28$0.62$0.62$0.3880%1.63$147.38
$147.00$145.00Sep 25$1.13$1.13$0.8765%1.30$145.87

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. 52 found (cheapest 0.37% of stock, avg 6.90%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$152.50Aug 28$0.45$0.12$0.57$151.93$153.070.37%
$155.00Aug 28$0.03$2.29$2.32$152.68$157.321.52%
$150.00Aug 28$2.83$0.07$2.90$147.10$152.901.90%
$149.00Aug 28$3.95$0.01$3.96$145.04$152.962.59%
$157.50Aug 28$0.21$5.13$5.34$152.16$162.843.49%
$148.00Aug 28$4.78$0.65$5.43$142.57$153.433.55%
$147.00Aug 28$5.78$0.03$5.81$141.19$152.813.80%
$160.00Aug 28$0.01$6.70$6.71$153.29$166.714.39%
$152.50Sep 4$3.80$3.38$7.18$145.32$159.684.70%
$155.00Sep 4$2.58$4.65$7.23$147.77$162.234.73%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 140 found (cheapest 0.22% of stock, avg 4.28%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$157.50$152.50Aug 28$0.21$0.12$0.33$152.17$157.83
$157.50$148.00Aug 28$0.21$0.65$0.86$147.14$158.36
$157.50$143.00Aug 28$0.21$1.07$1.28$141.72$158.78
$157.50$145.00Aug 28$0.21$1.07$1.28$143.72$158.78
$157.50$146.00Aug 28$0.21$1.07$1.28$144.72$158.78
$165.00$147.00Sep 4$0.40$1.25$1.65$145.35$166.65
$162.50$147.00Sep 4$0.68$1.25$1.93$145.07$164.43
$160.00$147.00Sep 4$1.07$1.25$2.32$144.68$162.32
$165.00$148.00Sep 4$0.40$1.65$2.05$145.95$167.05
$162.50$148.00Sep 4$0.68$1.65$2.33$145.67$164.83

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 207 found (best R:R 1.02, avg credit $0.77)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
140/141158/160Aug 28$1.26$1.2473%1.02$139.74$158.76
135/138158/160Aug 28$1.26$1.7475%0.72$136.74$158.76
145/147172/175Sep 25$1.67$0.8347%2.01$145.33$174.17
145/147165/168Sep 25$1.89$0.6136%3.10$145.11$166.89
135/137168/170Sep 11$0.87$1.6374%0.53$136.13$168.37
135/137162/165Sep 11$1.06$1.4465%0.74$135.94$163.56
141/142172/175Sep 25$1.24$1.2657%0.98$140.76$173.74
133/134168/170Sep 11$0.71$1.7978%0.40$133.29$168.21
141/142165/168Sep 25$1.46$1.0447%1.40$140.54$166.46
132/134178/180Sep 4$0.40$2.1089%0.19$133.60$177.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 70 found (best R:R 3.17, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$152.50$155.00$157.50Aug 28$0.60$1.9062%3.17
$145.00$150.00$155.00Oct 2$0.16$4.8419%30.25
$140.00$145.00$150.00Oct 2$0.30$4.7018%15.67
$150.00$152.50$155.00Sep 4$0.18$2.3223%12.89
$150.00$152.50$155.00Sep 18$0.06$2.4413%40.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$152.50$155.00$157.50Aug 28$0.67$1.8359%2.73
$152.50$155.00$157.50Sep 18$0.11$2.3912%21.73
$150.00$152.50$155.00Sep 18$0.13$2.3713%18.23
$155.00$157.50$160.00Sep 11$0.22$2.2816%10.36
$152.50$155.00$157.50Sep 4$0.31$2.1922%7.06

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 109 found (best net $-2.93, 91 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$130.00$142.001:2Oct 9-$6.78$5.22
$175.00$180.001:2Oct 2-$0.11$4.89
$167.50$170.001:2Sep 11-$0.03$2.47
$175.00$180.001:2Sep 18-$0.16$4.84
$157.50$160.001:2Sep 4-$0.42$2.08
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$175.00$165.001:2Sep 4-$2.93$7.07
$155.00$147.001:2Sep 25-$1.06$6.94
$155.00$150.001:2Sep 11-$0.66$4.34
$165.00$160.001:2Sep 4-$3.63$1.37
$139.00$135.001:2Oct 9-$0.16$3.84

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 42 found (best yield 4.32%, avg 1.40%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$157.50Oct 9$6.600.463.0%4.32%7.33%61--
$155.00Oct 9$6.650.491.4%4.35%5.72%5--
$155.00Sep 25$6.000.481.4%3.92%5.30%829
$160.00Oct 2$4.050.404.6%2.65%7.29%2--
$155.00Oct 2$5.850.491.4%3.83%5.20%4134
$157.50Oct 2$4.800.443.0%3.14%6.15%3113
$160.00Sep 25$4.000.384.6%2.62%7.26%16140
$162.50Oct 2$3.100.356.3%2.03%8.31%3--
$155.00Sep 18$5.150.471.4%3.37%4.74%2973.6K
$157.50Sep 18$4.050.413.0%2.65%5.66%169159

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 17,494
Total Puts 16,336
Put/Call Ratio 0.93
Net Difference 1,158

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 129,848
Total Puts 83,469
Average Put/Call Ratio 0.66
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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