Tour v527
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SHOPIFY INC A
$126.79 -5.45%
$126.89 (+0.08%)🌙
as of 09/09 06:59 PM
9/9 18:59

Option Volume

Detail
Current (09/09) 63,294
Calls: 38,550 (61%)
Puts: 24,744 (39%)
Prior (09/08) 86,357
Calls: 45,032 (52%)
Puts: 41,325 (48%)
Current vs Prior -26.71%
Calls: -14.39% (Calls)
Puts: -40.12% (Puts)
Prior 7-Day Total 270,227
Calls: 148,810 (55%)
Puts: 121,417 (45%)
Prior 7-Day Average 38,603
Calls: 21,258 (55%)
Puts: 17,345 (45%)
Current vs Prior 7-Day Avg +63.96%
Calls: +81.34%
Puts: +42.66%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/09) $27.34M
Calls: $13.47M (49%)
Puts: $13.87M (51%)
Prior (09/08) $36.55M
Calls: $21.35M (58%)
Puts: $15.21M (42%)
Current vs Prior -25.22%
Calls: -36.91%
Puts: -8.80%
Prior 7-Day Total $135.20M
Calls: $79.63M (59%)
Puts: $55.58M (41%)
Prior 7-Day Average $19.31M
Calls: $11.38M (59%)
Puts: $7.94M (41%)
Current vs Prior 7-Day Avg +41.53%
Calls: +18.42%
Puts: +74.65%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/09) 0.64
Prior (09/08) 0.92
Current vs Prior -30.06%
Prior 7-Day Average 0.80
Current vs Prior 7-Day Avg -19.58%
Sentiment BULLISH

Open Interest

Detail
Current (09/09) 669,132
Calls: 475,766 (71%)
Puts: 193,366 (29%)
Prior (09/08) 653,712
Calls: 479,509 (73%)
Puts: 174,203 (27%)
Current vs Prior +2.36%
Prior 7-Day Total 3,793,712
Calls: 2,930,403 (77%)
Puts: 863,309 (23%)
Prior 7-Day Average 541,958
Calls: 418,629 (77%)
Puts: 123,329 (23%)
Current vs Prior 7-Day Avg +23.47%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/11) | Next (09/18)Expiry (09/18) | Next (10/16)
Current 4.08% | 8.96%8.96% | 14.49%
Prior 4.71% | 7.07%7.07% | 14.30%
Current vs Prior -13.48% | +26.74%+26.74% | +1.30%
Prior 7-Day Avg 4.39% | 6.58%7.90% | 14.13%
Current vs 7-Day Avg -7.13% | +36.10%+13.47% | +2.52%
Prior 7-Day Eod 4.71% | 7.07%7.07% | 14.30%
Current vs 7-Day Eod -13.48% | +26.74%+26.74% | +1.30%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 18.62% | 31.05%
Calls: 17.73% | 47.19%
Puts: 19.52% | 14.91%
Prior 18.62% | 31.05%
Calls: 17.73% | 47.19%
Puts: 19.52% | 14.91%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 13.91% | 21.89%
Calls: 13.62% | 31.21%
Puts: 14.21% | 12.56%
Current vs 7-Day Avg +33.82% | +41.86%
Liquidity Expensive
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🤖 AI Insights

Bullish P/C ratio of 0.64. P/C ratio dropping 30% - sentiment shifting bullish. Call-heavy open interest (475,766 calls vs 193,366 puts) suggests bullish positioning.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
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 23 of results (avg 7.2%, best 2.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Oct 166.706.90$6.802.9%2080.47821
$125.00Sep 185.155.40$5.284.7%3690.592.4K
$135.00Oct 164.705.00$4.856.2%6030.3846.0K
$130.00Sep 182.803.00$2.906.9%1.6K0.402.6K
$125.00Oct 168.759.40$9.077.2%2870.57804
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$135.00Oct 1612.2012.65$12.433.6%720.621.5K
$125.00Oct 166.606.90$6.754.4%1650.431.2K
$145.00Sep 1818.0518.90$18.484.6%600.921.1K
$140.00Sep 1813.4014.15$13.785.4%970.862.3K
$128.00Sep 112.823.00$2.916.2%8810.57530

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.75, cheapest $0.75)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Sep 180.670.82$0.7520.0%1.3K0.1448.1K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 137 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Sep 1119.8023.75$21.7818.1%80.99--
$105.00Sep 1820.7523.55$22.1512.6%10.98--
$110.00Sep 1115.6018.20$16.9015.4%160.9796
$110.00Sep 1815.7518.55$17.1516.3%240.95544
$113.00Sep 1111.7515.05$13.4024.6%330.941
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Sep 1112.4514.00$13.2311.7%381.00361
$142.00Sep 1114.5017.30$15.9017.6%411.00169
$143.00Sep 1114.3017.45$15.8819.8%521.0097
$144.00Sep 1115.8519.20$17.5219.1%311.001.7K
$145.00Sep 1117.1019.50$18.3013.1%711.001.1K

Most actively traded options today. High liquidity = easy entry/exit. 310 active (total vol 44.7K, top 2.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$135.00Sep 181.381.58$1.4813.5%2.5K0.241.0K
$139.00Sep 110.070.54$0.31151.6%2.2K0.082.1K
$133.00Sep 110.350.59$0.4751.1%1.6K0.1627
$130.00Sep 182.803.00$2.906.9%1.6K0.402.6K
$130.00Sep 111.011.14$1.0812.0%1.4K0.3081
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$115.00Sep 180.530.83$0.6844.1%2.1K0.121.2K
$123.00Sep 110.491.08$0.7974.7%2.1K0.232.2K
$125.00Sep 111.371.65$1.5118.5%1.5K0.37457
$130.00Sep 185.706.45$6.0812.3%1.3K0.604.0K
$130.00Sep 113.854.50$4.1815.6%1.3K0.702.0K

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 24.6%, max 36.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$126.00Sep 11Oct 2364.7%47.5%36.2%6111
$133.00Sep 11Oct 2363.4%50.6%25.2%1.6K27
$132.00Sep 11Oct 2363.1%50.8%24.3%82118
$131.00Sep 11Oct 2363.3%51.6%22.7%33127
$129.00Sep 11Oct 963.0%51.7%22.0%10528
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$125.00Sep 11Oct 2363.7%48.0%32.7%1.5K538
$127.00Sep 11Oct 964.5%49.4%30.6%209183
$126.00Sep 11Oct 264.7%50.5%28.2%298179
$132.00Sep 11Oct 2363.1%50.8%24.3%88447
$131.00Sep 11Oct 963.3%51.3%23.4%363522

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 166 found (best R:R 1.10, avg 3.30)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$120.00$125.00Oct 23$2.38$2.62$2.3866%1.10$122.38
$140.00$143.00Oct 23$0.37$2.63$0.3732%7.11$140.37
$120.00$125.00Oct 2$2.82$2.18$2.8270%0.77$122.82
$113.00$114.00Sep 11$0.50$0.50$0.5094%1.00$113.50
$128.00$129.00Oct 9$0.17$0.83$0.1751%4.88$128.17
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$135.00$132.00Oct 9$1.15$1.85$1.1564%1.61$133.85
$145.00$143.00Sep 18$1.25$0.75$1.2592%0.60$143.75
$140.00$139.00Sep 11$0.40$0.60$0.40100%1.50$139.60
$138.00$137.00Sep 18$0.43$0.57$0.4383%1.33$137.57
$132.00$131.00Oct 2$0.23$0.77$0.2360%3.35$131.77

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 117 found (best R:R 1.30, avg 0.48)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$144.00$145.00Oct 23$0.57$0.57$0.4373%1.33$144.57
$127.00$128.00Oct 9$0.80$0.80$0.2047%4.00$127.80
$149.00$150.00Oct 2$0.37$0.37$0.6387%0.59$149.37
$129.00$130.00Oct 2$0.73$0.73$0.2752%2.70$129.73
$139.00$140.00Oct 9$0.52$0.52$0.4871%1.08$139.52
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$125.00$120.00Oct 23$2.83$2.83$2.1757%1.30$122.17
$120.00$115.00Oct 2$1.52$1.52$3.4870%0.44$118.48
$125.00$120.00Oct 2$2.10$2.10$2.9058%0.72$122.90
$115.00$110.00Oct 23$1.34$1.34$3.6674%0.37$113.66
$110.00$105.00Sep 25$0.54$0.54$4.4690%0.12$109.46

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $2.65, cheapest $2.78)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$126.00Sep 11Sep 25$3.1564.7%49.3%
$127.00Sep 11Sep 25$3.1364.5%49.7%
$128.00Sep 11Sep 25$3.1662.9%51.6%
$125.00Sep 11Sep 18$2.0063.7%53.0%
$129.00Sep 11Sep 25$3.1863.0%52.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$126.00Sep 11Sep 25$2.7864.7%49.3%
$127.00Sep 11Sep 25$2.8864.5%49.7%
$128.00Sep 11Sep 25$3.1962.9%51.6%
$125.00Sep 11Sep 18$1.7963.7%53.0%
$129.00Sep 11Sep 25$2.8063.0%52.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 76 found (cheapest 3.71% of stock, avg 9.78%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$128.00Sep 11$1.79$2.91$4.70$123.30$132.703.71%
$126.00Sep 11$2.75$1.97$4.72$121.28$130.723.72%
$127.00Sep 11$2.30$2.42$4.72$122.28$131.723.72%
$125.00Sep 11$3.28$1.51$4.79$120.21$129.793.78%
$129.00Sep 11$1.42$3.70$5.12$123.88$134.124.04%
$124.00Sep 11$4.03$1.15$5.18$118.82$129.184.09%
$130.00Sep 11$1.08$4.18$5.26$124.74$135.264.15%
$131.00Sep 11$0.85$4.97$5.82$125.18$136.824.59%
$132.00Sep 11$0.63$5.98$6.61$125.39$138.615.21%
$133.00Sep 11$0.47$6.80$7.27$125.73$140.275.73%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 1.01% of stock, avg 6.27%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$132.00$122.00Sep 11$0.63$0.65$1.28$120.72$133.28
$132.00$123.00Sep 11$0.63$0.79$1.42$121.58$133.42
$131.00$122.00Sep 11$0.85$0.65$1.50$120.50$132.50
$131.00$123.00Sep 11$0.85$0.79$1.64$121.36$132.64
$137.00$115.00Sep 18$1.11$0.68$1.79$113.21$138.79
$130.00$122.00Sep 11$1.08$0.65$1.73$120.27$131.73
$132.00$124.00Sep 11$0.63$1.15$1.78$122.22$133.78
$130.00$123.00Sep 11$1.08$0.79$1.87$121.13$131.87
$131.00$124.00Sep 11$0.85$1.15$2.00$122.00$133.00
$136.00$115.00Sep 18$1.30$0.68$1.98$113.02$137.98

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 110 found (best R:R 0.79, avg credit $0.88)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
119/120147/148Sep 11$0.44$0.5681%0.79$119.56$147.44
119/120149/150Sep 11$0.43$0.5782%0.75$119.57$149.43
123/124147/148Sep 11$0.61$0.3964%1.56$123.39$147.61
123/124149/150Sep 11$0.60$0.4064%1.50$123.40$149.60
119/120139/140Sep 11$0.43$0.5779%0.75$119.57$139.43
123/124139/140Sep 11$0.60$0.4061%1.50$123.40$139.60
121/122147/148Sep 11$0.44$0.5675%0.79$121.56$147.44
121/122149/150Sep 11$0.43$0.5775%0.75$121.57$149.43
121/122139/140Sep 11$0.43$0.5772%0.75$121.57$139.43
122/123147/148Sep 11$0.39$0.6171%0.64$122.61$147.39

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 115 found (best R:R 20.74, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$115.00$120.00$125.00Sep 18$0.23$4.7729%20.74
$125.00$130.00$135.00Oct 16$0.32$4.6819%14.62
$120.00$125.00$130.00Sep 18$0.94$4.0636%4.32
$110.00$115.00$120.00Oct 16$0.38$4.6217%12.16
$135.00$140.00$145.00Oct 16$0.37$4.6316%12.51
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$140.00$145.00$150.00Oct 16$0.13$4.8712%37.46
$110.00$115.00$120.00Sep 18$0.36$4.6419%12.89
$130.00$135.00$140.00Oct 16$0.34$4.6618%13.71
$115.00$120.00$125.00Oct 16$0.39$4.6119%11.82
$120.00$125.00$130.00Sep 18$0.98$4.0236%4.10

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 98 found (best net $-1.46, 87 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$105.00$120.001:2Oct 23-$1.46$13.54
$110.00$120.001:2Sep 25-$1.01$8.99
$120.00$124.001:2Sep 11-$0.83$3.17
$115.00$120.001:2Sep 11-$2.51$2.49
$125.00$130.001:2Sep 18-$0.52$4.48
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$130.00$125.001:2Sep 18-$0.52$4.48
$125.00$120.001:2Sep 25-$0.65$4.35
$120.00$115.001:2Sep 25-$0.05$4.95
$120.00$115.001:2Oct 2-$0.16$4.84
$125.00$120.001:2Oct 2-$1.10$3.90

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 115 found (best yield 5.72%, avg 1.74%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$130.00Oct 23$7.250.482.5%5.72%8.25%2222
$128.00Oct 23$7.800.520.9%6.15%7.11%76
$135.00Oct 23$5.000.406.5%3.94%10.42%427
$130.00Oct 16$6.700.472.5%5.28%7.82%208821
$140.00Oct 23$3.900.3210.4%3.08%13.49%288
$131.00Oct 23$5.900.463.3%4.65%7.97%84
$135.00Oct 16$4.700.386.5%3.71%10.18%60346.0K
$143.00Oct 23$2.960.2912.8%2.33%15.12%1318
$132.00Oct 23$5.250.444.1%4.14%8.25%1--
$127.00Oct 23$7.400.530.2%5.84%6.00%2--

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 38,550
Total Puts 24,744
Put/Call Ratio 0.64
Net Difference 13,806

Prior's Put/Call Breakdown

Total Calls 45,032
Total Puts 41,325
Put/Call Ratio 0.92
Net Difference 3,707

Prior 7-Day Put/Call Summary

Total Calls 148,810
Total Puts 121,417
Average Put/Call Ratio 0.80
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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