Tour v528
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SHOPIFY INC A
$129.86 -3.01%
$130.06 (+0.15%)🌙
as of 09/15 07:09 PM
9/15 19:09

Option Volume

Detail
Current (09/15) 15,446
Calls: 8,318 (54%)
Puts: 7,128 (46%)
Prior (09/11) 30,111
Calls: 16,428 (55%)
Puts: 13,683 (45%)
Current vs Prior -48.70%
Calls: -49.37% (Calls)
Puts: -47.91% (Puts)
Prior 7-Day Total 305,263
Calls: 170,588 (56%)
Puts: 134,675 (44%)
Prior 7-Day Average 43,609
Calls: 24,369 (56%)
Puts: 19,239 (44%)
Current vs Prior 7-Day Avg -64.58%
Calls: -65.87%
Puts: -62.95%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/15) $11.10M
Calls: $5.20M (47%)
Puts: $5.90M (53%)
Prior (09/11) $11.17M
Calls: $5.72M (51%)
Puts: $5.45M (49%)
Current vs Prior -0.68%
Calls: -9.14%
Puts: +8.19%
Prior 7-Day Total $141.94M
Calls: $72.19M (51%)
Puts: $69.74M (49%)
Prior 7-Day Average $20.28M
Calls: $10.31M (51%)
Puts: $9.96M (49%)
Current vs Prior 7-Day Avg -45.28%
Calls: -49.61%
Puts: -40.80%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/15) 0.86
Prior (09/11) 0.83
Current vs Prior +2.89%
Prior 7-Day Average 0.79
Current vs Prior 7-Day Avg +8.61%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/15) 506,267
Calls: 358,956 (71%)
Puts: 147,311 (29%)
Prior (09/11) 531,973
Calls: 356,302 (67%)
Puts: 175,671 (33%)
Current vs Prior -4.83%
Prior 7-Day Total 3,873,047
Calls: 2,830,593 (73%)
Puts: 1,042,454 (27%)
Prior 7-Day Average 553,292
Calls: 404,370 (73%)
Puts: 148,922 (27%)
Current vs Prior 7-Day Avg -8.50%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 4.67% | 7.07%4.67% | 13.38%
Prior 5.40% | 7.63%5.40% | 13.63%
Current vs Prior -13.51% | -7.38%-13.50% | -1.78%
Prior 7-Day Avg 4.17% | 7.02%7.27% | 14.13%
Current vs 7-Day Avg +11.98% | +0.65%-35.72% | -5.28%
Prior 7-Day Eod 5.40% | 7.63%5.40% | 13.63%
Current vs 7-Day Eod -13.51% | -7.38%-13.50% | -1.78%
Sentiment BULLISHBULLISH

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 16.27% | 26.47%
Calls: 15.67% | 39.20%
Puts: 16.87% | 13.74%
Current vs 7-Day Avg +14.46% | +17.31%
Liquidity Expensive
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🤖 AI Insights

Below-average activity with volume down 49% vs prior. Call-heavy open interest (358,956 calls vs 147,311 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 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 11 of results (avg 7.1%, best 4.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$135.00Oct 165.205.45$5.334.7%5860.4246.5K
$130.00Oct 167.257.65$7.455.4%2830.53943
$145.00Oct 162.482.64$2.566.3%590.251.4K
$140.00Oct 163.603.85$3.736.7%1090.331.3K
$130.00Oct 238.058.65$8.357.2%30.5232
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$131.00Oct 25.806.20$6.006.7%20.5186
$135.00Oct 169.6510.40$10.037.5%250.581.5K
$130.00Oct 166.807.45$7.139.1%510.47934

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.30, cheapest $0.26)

CALLS (0)
No calls meet the criteria
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$120.00Sep 180.230.28$0.2619.2%2110.083.8K
$121.00Sep 180.300.36$0.3318.2%2320.1079

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 79 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$105.00Sep 1824.0526.10$25.088.2%21.00884
$110.00Sep 1819.0521.90$20.4813.9%11.00455
$115.00Sep 1814.1516.95$15.5518.0%5281.001.6K
$117.00Sep 1812.1515.00$13.5821.0%61.001
$118.00Sep 1811.5014.00$12.7519.6%60.93--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Sep 1823.8026.40$25.1010.4%6030.991.1K
$152.50Sep 1821.4524.55$23.0013.5%20.9816
$148.00Sep 1817.0020.15$18.5817.0%510.9845
$150.00Sep 1818.6521.55$20.1014.4%510.98725
$145.00Sep 1813.2516.80$15.0323.6%790.961.1K

Most actively traded options today. High liquidity = easy entry/exit. 241 active (total vol 11.5K, top 836)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Sep 180.090.20$0.1573.3%7970.043.7K
$135.00Oct 165.205.45$5.334.7%5860.4246.5K
$115.00Sep 1814.1516.95$15.5518.0%5281.001.6K
$132.00Sep 253.253.60$3.4310.2%3810.4457
$130.00Oct 167.257.65$7.455.4%2830.53943
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$112.00Sep 250.000.77$0.39197.4%8360.077
$117.00Sep 250.280.80$0.5496.3%8070.1015
$155.00Sep 1823.8026.40$25.1010.4%6030.991.1K
$130.00Sep 182.642.98$2.8112.1%5770.504.1K
$121.00Sep 180.300.36$0.3318.2%2320.1079

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 24 strikes (avg 18.6%, max 25.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$129.00Sep 18Oct 2356.8%45.3%25.3%1682
$137.00Sep 18Oct 961.4%49.4%24.4%21351
$136.00Sep 18Oct 2361.8%49.7%24.2%33577
$130.00Sep 18Oct 2359.0%48.4%21.9%573.3K
$132.00Sep 18Oct 3060.3%49.9%20.7%80146
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$129.00Sep 18Oct 2356.8%45.3%25.3%32129
$137.00Sep 18Oct 961.4%49.4%24.4%3100
$130.00Sep 18Oct 2359.0%48.4%21.9%5894.1K
$124.00Sep 18Sep 2561.2%50.5%21.2%48199
$126.00Sep 18Sep 2558.0%49.1%18.0%114844

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 150 found (best R:R 2.33, avg 3.44)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$132.00$140.00Oct 30$2.40$5.60$2.4051%2.33$134.40
$120.00$130.00Oct 16$6.00$4.00$6.0074%0.67$126.00
$130.00$132.00Oct 9$0.52$1.48$0.5252%2.85$130.52
$120.00$128.00Oct 23$4.85$3.15$4.8573%0.65$124.85
$127.00$128.00Oct 9$0.22$0.78$0.2259%3.55$127.22
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$130.00$128.00Oct 2$0.51$1.49$0.5148%2.92$129.49
$138.00$137.00Sep 18$0.48$0.52$0.4886%1.08$137.52
$135.00$132.00Oct 9$1.38$1.62$1.3860%1.17$133.62
$120.00$118.00Oct 23$0.20$1.80$0.2027%9.00$119.80
$129.00$125.00Oct 23$1.35$2.65$1.3546%1.96$127.65

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 116 found (best R:R 2.39, avg 0.45)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$134.00$135.00Oct 9$0.67$0.67$0.3357%2.03$134.67
$135.00$136.00Oct 23$0.65$0.65$0.3557%1.86$135.65
$131.00$132.00Oct 2$0.66$0.66$0.3451%1.94$131.66
$149.00$150.00Sep 18$0.20$0.20$0.8094%0.25$149.20
$143.00$144.00Sep 25$0.28$0.28$0.7285%0.39$143.28
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$122.00$120.00Oct 30$1.41$1.41$0.5967%2.39$120.59
$115.00$110.00Oct 23$1.30$1.30$3.7080%0.35$113.70
$125.00$123.00Oct 23$1.25$1.25$0.7562%1.67$123.75
$123.00$120.00Oct 23$1.34$1.34$1.6666%0.81$121.66
$110.00$105.00Oct 30$0.97$0.97$4.0383%0.24$109.03

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 13 found (avg debit $2.27, cheapest $2.57)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$132.00Sep 18Sep 25$1.5960.3%51.1%
$133.00Sep 18Sep 25$1.5560.2%51.3%
$130.00Sep 18Sep 25$1.7559.0%50.3%
$131.00Sep 18Sep 25$1.6759.8%51.4%
$129.00Sep 18Oct 2$2.8256.8%48.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$131.00Sep 18Oct 2$2.5759.8%50.6%
$132.00Sep 18Oct 9$3.5560.3%51.3%
$130.00Sep 18Sep 25$1.5459.0%50.3%
$128.00Sep 18Sep 25$1.4858.2%50.0%
$133.00Sep 18Oct 30$6.1560.2%53.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 47 found (cheapest 4.19% of stock, avg 8.70%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$130.00Sep 18$2.63$2.81$5.44$124.56$135.444.19%
$129.00Sep 18$3.26$2.25$5.51$123.49$134.514.24%
$131.00Sep 18$2.21$3.43$5.64$125.36$136.644.34%
$128.00Sep 18$3.83$1.88$5.71$122.29$133.714.40%
$127.00Sep 18$4.35$1.47$5.82$121.18$132.824.48%
$132.00Sep 18$1.84$4.05$5.89$126.11$137.894.54%
$133.00Sep 18$1.50$4.70$6.20$126.80$139.204.77%
$134.00Sep 18$1.21$5.43$6.64$127.36$140.645.11%
$125.00Sep 18$5.80$0.96$6.76$118.24$131.765.21%
$135.00Sep 18$0.96$6.18$7.14$127.86$142.145.50%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 1.52% of stock, avg 6.06%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$155.00$110.00Oct 16$1.00$0.98$1.98$108.02$156.98
$134.00$125.00Sep 18$1.21$0.96$2.17$122.83$136.17
$134.00$126.00Sep 18$1.21$1.18$2.39$123.61$136.39
$133.00$125.00Sep 18$1.50$0.96$2.46$122.54$135.46
$134.00$127.00Sep 18$1.21$1.47$2.68$124.32$136.68
$133.00$126.00Sep 18$1.50$1.18$2.68$123.32$135.68
$150.00$110.00Oct 16$1.70$0.98$2.68$107.32$152.68
$133.00$127.00Sep 18$1.50$1.47$2.97$124.03$135.97
$155.00$115.00Oct 16$1.00$1.90$2.90$112.10$157.90
$132.00$125.00Sep 18$1.84$0.96$2.80$122.20$134.80

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 174 found (best R:R 7.33, avg credit $0.74)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
120/121139/140Oct 2$0.88$0.1247%7.33$120.12$139.88
120/121143/144Oct 2$0.71$0.2956%2.45$120.29$143.71
113/114137/138Sep 25$0.61$0.3963%1.56$113.39$137.61
120/121144/145Oct 2$0.64$0.3658%1.78$120.36$144.64
113/114138/139Sep 25$0.51$0.4967%1.04$113.49$138.51
121/122139/140Oct 2$0.72$0.2844%2.57$121.28$139.72
113/114136/137Sep 25$0.54$0.4660%1.17$113.46$136.54
117/118147/148Sep 18$0.25$0.7589%0.33$117.75$147.25
123/124147/148Sep 18$0.35$0.6576%0.54$123.65$147.35
118/119137/138Sep 25$0.53$0.4757%1.13$118.47$137.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 59 found (best R:R 82.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$105.00$110.00$115.00Oct 16$0.06$4.9410%82.33
$145.00$150.00$155.00Oct 16$0.16$4.8413%30.25
$140.00$145.00$150.00Oct 16$0.31$4.6915%15.13
$135.00$140.00$145.00Oct 16$0.43$4.5718%10.63
$145.00$150.00$155.00Oct 30$0.26$4.7411%18.23
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$110.00$115.00$120.00Oct 16$0.23$4.7716%20.74
$105.00$110.00$115.00Oct 30$0.13$4.8711%37.46
$130.00$135.00$140.00Oct 16$0.40$4.6020%11.50
$125.00$130.00$135.00Oct 16$0.57$4.4321%7.77
$120.00$125.00$130.00Oct 16$0.58$4.4221%7.62

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 103 found (best net $-1.45, 94 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$120.00$130.001:2Oct 16-$1.45$8.55
$120.00$125.001:2Sep 18-$1.37$3.63
$120.00$127.001:2Oct 2-$2.13$4.87
$120.00$128.001:2Oct 23-$4.55$3.45
$120.00$125.001:2Sep 25-$3.26$1.74
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$155.00$145.001:2Sep 25-$5.72$4.28
$135.00$130.001:2Sep 25-$1.30$3.70
$155.00$145.001:2Oct 2-$7.57$2.43
$120.00$115.001:2Oct 9-$0.06$4.94
$115.00$110.001:2Oct 16-$0.06$4.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 78 found (best yield 3.85%, avg 1.67%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$140.00Oct 30$5.000.397.8%3.85%11.66%2--
$132.00Oct 30$7.350.511.6%5.66%7.31%18
$145.00Oct 30$3.500.3211.7%2.70%14.35%185
$130.00Oct 23$8.050.520.1%6.20%6.31%332
$135.00Oct 23$5.850.434.0%4.50%8.46%3--
$150.00Oct 30$2.450.2615.5%1.89%17.40%1--
$135.00Oct 16$5.200.424.0%4.00%7.96%58646.5K
$130.00Oct 16$7.250.530.1%5.58%5.69%283943
$155.00Oct 30$1.980.2119.4%1.52%20.88%1--
$134.00Oct 23$5.250.453.2%4.04%7.23%22

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 8,318
Total Puts 7,128
Put/Call Ratio 0.86
Net Difference 1,190

Prior's Put/Call Breakdown

Total Calls 16,428
Total Puts 13,683
Put/Call Ratio 0.83
Net Difference 2,745

Prior 7-Day Put/Call Summary

Total Calls 170,588
Total Puts 134,675
Average Put/Call Ratio 0.79
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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