Tour v526
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SHOPIFY INC A
$145.88 +2.83%
$145.50 (-0.26%)🌙
as of 09/03 06:58 PM
9/3 18:58

Option Volume

Detail
Current (09/03) 36,126
Calls: 19,885 (55%)
Puts: 16,241 (45%)
Prior (09/02) 15,424
Calls: 9,053 (59%)
Puts: 6,371 (41%)
Current vs Prior +134.22%
Calls: +119.65% (Calls)
Puts: +154.92% (Puts)
Prior 7-Day Total 187,501
Calls: 101,720 (54%)
Puts: 85,781 (46%)
Prior 7-Day Average 26,785
Calls: 14,531 (54%)
Puts: 12,254 (46%)
Current vs Prior 7-Day Avg +34.87%
Calls: +36.84%
Puts: +32.53%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/03) $16.94M
Calls: $10.84M (64%)
Puts: $6.10M (36%)
Prior (09/02) $11.57M
Calls: $6.79M (59%)
Puts: $4.78M (41%)
Current vs Prior +46.41%
Calls: +59.64%
Puts: +27.62%
Prior 7-Day Total $116.11M
Calls: $71.15M (61%)
Puts: $44.97M (39%)
Prior 7-Day Average $16.59M
Calls: $10.16M (61%)
Puts: $6.42M (39%)
Current vs Prior 7-Day Avg +2.15%
Calls: +6.68%
Puts: -5.02%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/03) 0.82
Prior (09/02) 0.70
Current vs Prior +16.06%
Prior 7-Day Average 0.82
Current vs Prior 7-Day Avg -0.28%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/03) 465,544
Calls: 356,733 (77%)
Puts: 108,811 (23%)
Prior (09/02) 534,693
Calls: 421,488 (79%)
Puts: 113,205 (21%)
Current vs Prior -12.93%
Prior 7-Day Total 3,724,340
Calls: 2,909,551 (78%)
Puts: 814,789 (22%)
Prior 7-Day Average 532,048
Calls: 415,650 (78%)
Puts: 116,398 (22%)
Current vs Prior 7-Day Avg -12.50%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 2.56% | 5.74%7.63% | 14.16%
Prior 3.26% | 5.62%7.70% | 13.60%
Current vs Prior -21.27% | +2.13%-0.97% | +4.10%
Prior 7-Day Avg 4.08% | 6.44%8.75% | 14.43%
Current vs 7-Day Avg -37.09% | -10.74%-12.76% | -1.88%
Prior 7-Day Eod 3.26% | 5.62%7.70% | 13.60%
Current vs 7-Day Eod -21.27% | +2.13%-0.97% | +4.10%
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 ($10.84M). Unusually high activity with volume up 134% vs prior - elevated interest. Call-heavy open interest (356,733 calls vs 108,811 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 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 14 of results (avg 7.8%, best 4.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Oct 169.5510.00$9.784.6%2950.55708
$135.00Oct 1615.3516.20$15.775.4%240.7245.9K
$140.00Oct 1612.3013.00$12.655.5%9890.63558
$140.00Oct 210.8011.50$11.156.3%400.6423
$145.00Sep 256.857.40$7.137.7%540.5529
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$146.00Sep 113.804.10$3.957.6%5890.495
$138.00Sep 111.091.20$1.159.6%1300.2056

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
$148.00Sep 40.710.83$0.7715.6%5860.30185
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 113 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Sep 423.9027.65$25.7814.5%241.0050
$122.00Sep 421.8525.80$23.8316.6%151.0017
$131.00Sep 413.3015.70$14.5016.6%41.0019
$120.00Sep 1824.2027.85$26.0314.0%41.002.3K
$135.00Sep 49.6011.70$10.6519.7%50.9544
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.50Sep 410.9013.25$12.0819.5%20.972
$165.00Sep 417.5520.95$19.2517.7%100.97--
$155.00Sep 48.4010.90$9.6525.9%650.97--
$175.00Sep 1827.5031.25$29.3812.8%510.9633
$160.00Sep 413.3515.90$14.6317.4%250.95--

Most actively traded options today. High liquidity = easy entry/exit. 286 active (total vol 32.2K, top 4.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Sep 181.201.30$1.258.0%4.3K0.1782.0K
$155.00Sep 182.002.30$2.1514.0%1.2K0.274.3K
$140.00Oct 1612.3013.00$12.655.5%9890.63558
$145.00Sep 114.204.65$4.4310.2%6820.55365
$145.00Sep 41.822.28$2.0522.4%6680.59370
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 43.856.15$5.0046.0%2.1K0.864.5K
$134.00Sep 110.380.78$0.5869.0%2.1K0.112.0K
$139.00Sep 111.061.74$1.4048.6%2.1K0.2324
$145.00Sep 40.731.55$1.1471.9%2.0K0.414.2K
$144.00Sep 112.683.50$3.0926.5%1.5K0.4131

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 33.5%, max 213.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$147.00Sep 4Oct 957.2%44.6%28.1%279520
$143.00Sep 4Oct 258.5%46.0%27.3%393112
$144.00Sep 4Oct 256.2%44.7%25.8%244211
$142.00Sep 4Oct 255.5%44.6%24.6%9865
$146.00Sep 4Oct 955.9%45.0%24.2%209325
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$136.00Sep 4Oct 9153.8%49.1%213.2%51214
$144.00Sep 4Sep 2556.2%44.8%25.4%100505
$146.00Sep 4Sep 1155.9%45.4%23.1%598340
$143.00Sep 4Sep 2558.5%48.0%22.0%105211
$147.00Sep 4Sep 1857.2%47.3%20.8%10120

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 161 found (best R:R 0.62, avg 3.66)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$134.00$140.00Sep 25$3.70$2.30$3.7080%0.62$137.70
$131.00$133.00Sep 25$1.03$0.97$1.0385%0.94$132.03
$150.00$155.00Oct 2$1.20$3.80$1.2043%3.17$151.20
$150.00$155.00Oct 9$1.43$3.57$1.4345%2.50$151.43
$138.00$139.00Sep 18$0.30$0.70$0.3073%2.33$138.30
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$142.00$141.00Oct 2$0.13$0.87$0.1339%6.69$141.87
$140.00$139.00Sep 18$0.13$0.87$0.1332%6.69$139.87
$147.00$145.00Sep 18$0.80$1.20$0.8052%1.50$146.20
$140.00$139.00Oct 9$0.22$0.78$0.2236%3.55$139.78
$135.00$134.00Oct 9$0.14$0.86$0.1426%6.14$134.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 123 found (best R:R 0.63, avg 0.57)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$162.50$165.00Sep 4$0.97$0.97$1.5385%0.63$163.47
$165.00$167.50Oct 9$1.06$1.06$1.4478%0.74$166.06
$147.00$150.00Oct 9$1.95$1.95$1.0548%1.86$148.95
$172.50$175.00Sep 4$0.40$0.40$2.1094%0.19$172.90
$148.00$150.00Oct 2$1.27$1.27$0.7352%1.74$149.27
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$130.00$127.00Oct 9$1.26$1.26$1.7479%0.72$128.74
$126.00$125.00Sep 4$0.82$0.82$0.1889%4.56$125.18
$140.00$135.00Oct 16$2.25$2.25$2.7563%0.82$137.75
$139.00$137.00Oct 9$1.23$1.23$0.7766%1.60$137.77
$136.00$135.00Oct 9$0.82$0.82$0.1871%4.56$135.18

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $2.29, cheapest $2.28)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$147.00Sep 4Sep 11$2.2857.2%46.3%
$146.00Sep 4Sep 11$2.3955.9%45.4%
$144.00Sep 4Sep 11$2.3856.2%46.5%
$148.00Sep 4Sep 11$2.2455.2%46.2%
$145.00Sep 4Sep 11$2.3852.5%45.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$147.00Sep 4Sep 11$2.3057.2%46.3%
$146.00Sep 4Sep 11$2.2655.9%45.4%
$144.00Sep 4Sep 11$2.2256.2%46.5%
$148.00Sep 4Sep 11$2.1155.2%46.2%
$145.00Sep 4Sep 11$2.3352.5%45.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 66 found (cheapest 2.19% of stock, avg 7.66%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$145.00Sep 4$2.05$1.14$3.19$141.81$148.192.19%
$146.00Sep 4$1.56$1.69$3.25$142.75$149.252.23%
$147.00Sep 4$1.17$2.23$3.40$143.60$150.402.33%
$144.00Sep 4$2.57$0.87$3.44$140.56$147.442.36%
$148.00Sep 4$0.77$2.99$3.76$144.24$151.762.58%
$143.00Sep 4$3.25$0.64$3.89$139.11$146.892.67%
$142.00Sep 4$4.25$0.36$4.61$137.39$146.613.16%
$141.00Sep 4$4.80$0.23$5.03$135.97$146.033.45%
$150.00Sep 4$0.27$5.00$5.27$144.73$155.273.61%
$140.00Sep 4$5.75$0.16$5.91$134.09$145.914.05%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 0.55% of stock, avg 5.15%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$149.00$142.00Sep 4$0.44$0.36$0.80$141.20$149.80
$149.00$143.00Sep 4$0.44$0.64$1.08$141.92$150.08
$148.00$142.00Sep 4$0.77$0.36$1.13$140.87$149.13
$162.50$142.00Sep 4$1.07$0.36$1.43$140.57$163.93
$149.00$144.00Sep 4$0.44$0.87$1.31$142.69$150.31
$148.00$143.00Sep 4$0.77$0.64$1.41$141.59$149.41
$149.00$136.00Sep 4$0.44$1.08$1.52$134.48$150.52
$148.00$144.00Sep 4$0.77$0.87$1.64$142.36$149.64
$162.50$143.00Sep 4$1.07$0.64$1.71$141.29$164.21
$149.00$145.00Sep 4$0.44$1.14$1.58$143.42$150.58

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 222 found (best R:R 3.81, avg credit $0.91)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
135/136162/165Sep 4$1.98$0.5268%3.81$134.02$164.48
125/126162/165Sep 4$1.79$0.7174%2.52$124.21$164.29
127/130165/168Oct 9$2.32$0.6857%3.41$127.68$167.32
137/139165/168Oct 9$2.29$0.2144%10.90$136.71$167.29
135/136172/175Sep 4$1.41$1.0976%1.29$134.59$173.91
125/126172/175Sep 4$1.22$1.2882%0.95$124.78$173.72
135/136168/170Sep 4$1.26$1.2477%1.02$134.74$168.76
131/132162/165Sep 4$1.24$1.2678%0.98$130.76$163.74
125/126168/170Sep 4$1.07$1.4383%0.75$124.93$168.57
135/136165/168Oct 9$1.88$0.6249%3.03$134.12$166.88

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 98 found (best R:R 28.41, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$150.00$155.00$160.00Oct 9$0.17$4.8317%28.41
$145.00$150.00$155.00Oct 16$0.18$4.8217%26.78
$135.00$140.00$145.00Oct 16$0.25$4.7518%19.00
$155.00$160.00$165.00Oct 16$0.34$4.6615%13.71
$150.00$152.50$155.00Sep 4$0.09$2.4111%26.78
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$125.00$130.00$135.00Oct 16$0.24$4.7613%19.83
$145.00$150.00$155.00Sep 25$0.61$4.3924%7.20
$120.00$125.00$130.00Oct 16$0.25$4.7511%19.00
$120.00$125.00$130.00Sep 18$0.22$4.788%21.73
$140.00$141.00$142.00Sep 4$0.06$0.949%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. 105 found (best net $-2.53, 92 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$165.001:2Sep 25-$0.37$4.63
$155.00$157.501:2Sep 11-$0.18$2.32
$165.00$167.501:2Oct 9-$0.24$2.26
$170.00$175.001:2Sep 18-$0.05$4.95
$160.00$162.501:2Sep 18-$0.19$2.31
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$165.00$155.001:2Sep 18-$2.53$7.47
$150.00$148.001:2Sep 4-$0.98$1.02
$134.00$130.001:2Sep 18-$0.10$3.90
$134.00$130.001:2Oct 2-$0.47$3.53
$125.00$120.001:2Oct 16-$0.27$4.73

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 62 found (best yield 4.80%, avg 1.68%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$150.00Oct 16$7.000.462.8%4.80%7.62%5241.2K
$155.00Oct 16$4.650.386.2%3.19%9.44%281.1K
$146.00Oct 9$7.900.540.1%5.42%5.50%182
$160.00Oct 16$3.450.309.7%2.36%12.04%542.1K
$155.00Oct 9$4.050.366.2%2.78%9.03%26
$147.00Oct 9$6.600.520.8%4.52%5.29%27
$150.00Oct 9$4.850.452.8%3.32%6.15%144
$162.50Oct 9$2.380.2511.4%1.63%13.02%16--
$150.00Oct 2$4.750.432.8%3.26%6.08%21103
$148.00Oct 2$5.450.481.4%3.74%5.19%565

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 19,885
Total Puts 16,241
Put/Call Ratio 0.82
Net Difference 3,644

Prior's Put/Call Breakdown

Total Calls 9,053
Total Puts 6,371
Put/Call Ratio 0.70
Net Difference 2,682

Prior 7-Day Put/Call Summary

Total Calls 101,720
Total Puts 85,781
Average Put/Call Ratio 0.82
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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