SHOP - Options Database

SHOP

SHOPIFY INC A

$135.13 -6.86%

(9/8 13:00) ◀

Tuesday, September 8, 2026 (2:00pm)

▶ (9/8 15:00)

◀ 9/8 14:00 ▶

Option Volume

Detail

ℹ

Current (09/08 2:00pm) 61,713

Calls: 25,359 (41%)

Puts: 36,354 (59%)

Prior (08/05) 155,843

Calls: 86,341 (55%)

Puts: 69,502 (45%)

Current vs Prior -60.40%

Calls: -70.63% (Calls)

Puts: -47.69% (Puts)

Prior 7-Day Total 611,618

Calls: 377,069 (62%)

Puts: 234,549 (38%)

Prior 7-Day Average 122,323

Calls: 53,867 (62%)

Puts: 33,507 (38%)

Current vs Prior 7-Day Avg -49.55%

Calls: -52.92%

Puts: +8.50%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/08 2:00pm) $29.53M

Calls: $17.11M (58%)

Puts: $12.42M (42%)

Prior (08/05) $109.78M

Calls: $80.68M (73%)

Puts: $29.10M (27%)

Current vs Prior -73.10%

Calls: -78.79%

Puts: -57.32%

Prior 7-Day Total $251.79M

Calls: $144.13M (57%)

Puts: $107.67M (43%)

Prior 7-Day Average $50.36M

Calls: $20.59M (57%)

Puts: $15.38M (43%)

Current vs Prior 7-Day Avg -41.35%

Calls: -16.89%

Puts: -19.24%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/08 2:00pm) 1.43

Prior (08/05) 0.81

Current vs Prior +78.09%

Prior 7-Day Average 0.81

Current vs Prior 7-Day Avg +78.01%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/08 2:00pm) 793,928

Calls: 529,079 (67%)

Puts: 264,849 (33%)

Prior (08/05) 824,777

Calls: 548,816 (67%)

Puts: 275,961 (33%)

Current vs Prior -3.74%

Prior 7-Day Total 3,832,051

Calls: 2,510,796 (66%)

Puts: 1,321,255 (34%)

Prior 7-Day Average 766,410

Calls: 502,159 (66%)

Puts: 264,251 (34%)

Current vs Prior 7-Day Avg +3.59%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (09/11) | Next (09/18)Expiry (09/18) | Next (10/16)

Current 4.63% | 7.33%7.33% | 14.29%

Prior 4.84% | 7.75%9.84% | 16.74%

Current vs Prior -4.42% | -5.48%-25.58% | -14.65%

Prior 7-Day Avg 7.42% | 10.54%14.42% | 20.53%

Current vs 7-Day Avg -37.69% | -30.52%-49.19% | -30.41%

Prior 7-Day Eod 4.84% | 7.75%7.89% | 14.54%

Current vs 7-Day Eod -4.42% | -5.48%-7.16% | -1.74%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 6.59% | 12.16%

Calls: 7.12% | 13.46%

Puts: 6.06% | 10.85%

Prior 13.13% | 20.36%

Calls: 12.93% | 28.55%

Puts: 13.33% | 12.17%

Current vs Prior -49.81% | -40.28%

Prior 7-Day Avg 14.00% | 14.88%

Calls: 12.27% | 18.59%

Puts: 15.73% | 11.18%

Current vs 7-Day Avg -52.93% | -18.29%

Liquidity Pricy

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🤖 AI Insights

Light premium activity with dollar volume down 73% vs prior. Below-average activity with volume down 60% vs prior. Bearish P/C ratio of 1.43 indicates protective positioning. P/C ratio rising 78% - increased hedging/bearish positioning.

Smart Money BULLISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BEARISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
14:00	BULLISH	BEARISH	BEARISH
13:00	BULLISH	BEARISH	BEARISH

📈 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

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 68 of results (avg 8.1%, best 3.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$130.00	Oct 16	11.05	11.45	$11.25	3.6%	125	0.63	741
$135.00	Oct 16	8.45	8.80	$8.63	4.1%	451	0.53	45.9K
$140.00	Oct 16	6.15	6.55	$6.35	6.3%	315	0.44	1.3K
$115.00	Oct 16	21.40	22.95	$22.17	7.0%	16	0.87	622
$132.00	Oct 2	8.25	8.85	$8.55	7.0%	8	0.60	1

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$135.00	Oct 16	7.80	8.10	$7.95	3.8%	128	0.47	1.5K
$140.00	Oct 16	10.45	10.90	$10.68	4.2%	144	0.56	895
$130.00	Oct 16	5.50	5.80	$5.65	5.3%	86	0.37	899
$142.00	Oct 2	10.40	11.05	$10.73	6.1%	50	0.62	20
$136.00	Sep 11	3.20	3.40	$3.30	6.1%	106	0.54	158

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.85, cheapest $0.61)

CALLS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$142.00	Sep 11	0.70	0.82	$0.76	15.8%	292	0.19	84
$141.00	Sep 11	0.88	1.00	$0.94	12.8%	559	0.23	41

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$128.00	Sep 11	0.56	0.66	$0.61	16.4%	621	0.15	17
$129.00	Sep 11	0.68	0.83	$0.76	19.7%	476	0.19	34
$130.00	Sep 11	0.91	0.99	$0.95	8.4%	2.1K	0.22	142
$120.00	Sep 25	0.93	1.05	$0.99	12.1%	108	0.13	219
$110.00	Oct 16	0.87	1.00	$0.94	13.8%	1.7K	0.09	17.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 151 found (avg delta 0.73, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$115.00	Sep 11	19.00	22.00	$20.50	14.6%	4	0.99	--
$110.00	Sep 11	24.15	27.05	$25.60	11.3%	20	0.99	91
$111.00	Sep 11	23.25	25.90	$24.58	10.8%	4	0.99	--
$112.00	Sep 11	22.15	25.05	$23.60	12.3%	7	0.99	1
$113.00	Sep 11	21.00	24.05	$22.53	13.5%	6	0.99	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$152.50	Sep 11	16.30	19.70	$18.00	18.9%	15	1.00	69
$155.00	Sep 11	18.45	21.55	$20.00	15.5%	74	1.00	84
$157.50	Sep 11	21.10	23.75	$22.43	11.8%	52	1.00	54
$160.00	Sep 11	23.75	26.25	$25.00	10.0%	66	1.00	51
$150.00	Sep 11	14.25	16.55	$15.40	14.9%	67	0.94	147

Most actively traded options today. High liquidity = easy entry/exit. 326 active (total vol 49.4K, top 10.6K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$139.00	Sep 11	1.34	1.47	$1.41	9.2%	2.3K	0.31	174
$149.00	Sep 11	0.10	0.38	$0.24	116.7%	2.1K	0.07	2.9K
$140.00	Sep 25	3.65	4.10	$3.88	11.6%	1.1K	0.39	24
$150.00	Oct 16	3.25	3.50	$3.38	7.4%	953	0.28	1.3K
$140.00	Sep 11	1.10	1.22	$1.16	10.3%	941	0.27	82

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$110.00	Oct 23	1.12	1.51	$1.32	29.5%	10.6K	0.11	--
$134.00	Sep 11	2.17	2.36	$2.26	8.4%	2.4K	0.42	4.0K
$123.00	Sep 11	0.10	0.39	$0.25	116.0%	2.3K	0.06	46
$130.00	Sep 11	0.91	0.99	$0.95	8.4%	2.1K	0.22	142
$110.00	Oct 16	0.87	1.00	$0.94	13.8%	1.7K	0.09	17.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 30 strikes (avg 18.4%, max 26.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$132.00	Sep 11	Oct 23	57.7%	46.7%	23.6%	8	18
$129.00	Sep 11	Sep 25	58.9%	48.2%	22.3%	157	70
$143.00	Sep 11	Oct 23	61.0%	50.6%	20.6%	85	54
$134.00	Sep 11	Oct 23	57.5%	48.2%	19.4%	100	26
$130.00	Sep 11	Oct 23	57.8%	48.4%	19.3%	46	77

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$128.00	Sep 11	Oct 9	59.7%	47.2%	26.4%	627	17
$129.00	Sep 11	Oct 9	58.9%	47.6%	23.6%	487	34
$132.00	Sep 11	Oct 9	57.7%	47.2%	22.2%	362	59
$133.00	Sep 11	Oct 9	57.6%	47.4%	21.6%	491	43
$143.00	Sep 11	Oct 2	61.0%	50.1%	21.6%	15	138

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 216 found (best R:R 0.88, avg 2.96)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$125.00	$128.00	Oct 23	$1.60	$1.40	$1.60	71%	0.88	$126.60
$130.00	$131.00	Oct 9	$0.20	$0.80	$0.20	64%	4.00	$130.20
$136.00	$137.00	Oct 9	$0.17	$0.83	$0.17	51%	4.88	$136.17
$130.00	$135.00	Oct 16	$2.62	$2.38	$2.62	63%	0.91	$132.62
$134.00	$135.00	Sep 18	$0.24	$0.76	$0.24	56%	3.17	$134.24

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$149.00	$148.00	Sep 18	$0.53	$0.47	$0.53	85%	0.89	$148.47
$146.00	$145.00	Sep 18	$0.50	$0.50	$0.50	80%	1.00	$145.50
$139.00	$138.00	Sep 18	$0.32	$0.68	$0.32	61%	2.13	$138.68
$143.00	$142.00	Sep 11	$0.58	$0.42	$0.58	84%	0.72	$142.42
$145.00	$144.00	Sep 25	$0.47	$0.53	$0.47	72%	1.13	$144.53

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 149 found (best R:R 0.86, avg 0.47)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$137.00	$138.00	Sep 25	$0.67	$0.67	$0.33	53%	2.03	$137.67
$146.00	$147.00	Sep 25	$0.45	$0.45	$0.55	73%	0.82	$146.45
$149.00	$150.00	Sep 25	$0.36	$0.36	$0.64	78%	0.56	$149.36
$139.00	$140.00	Sep 25	$0.57	$0.57	$0.43	58%	1.33	$139.57
$149.00	$150.00	Oct 9	$0.39	$0.39	$0.61	72%	0.64	$149.39

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$134.00	$130.00	Sep 18	$1.85	$1.85	$2.15	56%	0.86	$132.15
$130.00	$127.00	Oct 23	$1.35	$1.35	$1.65	62%	0.82	$128.65
$130.00	$125.00	Oct 16	$1.82	$1.82	$3.18	63%	0.57	$128.18
$125.00	$120.00	Oct 9	$1.27	$1.27	$3.73	74%	0.34	$123.73
$120.00	$115.00	Oct 23	$1.08	$1.08	$3.92	78%	0.28	$118.92

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 16 found (avg debit $2.01, cheapest $1.62)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$138.00	Sep 11	Sep 18	$1.62	58.3%	50.8%
$132.00	Sep 11	Sep 25	$2.98	57.7%	50.2%
$136.00	Sep 11	Sep 18	$1.69	58.3%	50.9%
$133.00	Sep 11	Sep 25	$2.93	57.6%	50.2%
$139.00	Sep 11	Sep 18	$1.60	58.2%	51.5%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$138.00	Sep 11	Sep 18	$1.68	58.3%	50.8%
$132.00	Sep 11	Sep 25	$2.88	57.7%	50.2%
$136.00	Sep 11	Sep 18	$1.77	58.3%	50.9%
$133.00	Sep 11	Sep 25	$3.01	57.6%	50.2%
$139.00	Sep 11	Sep 18	$1.27	58.2%	51.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 103 found (cheapest 4.20% of stock, avg 9.51%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$135.00	Sep 11	$2.95	$2.72	$5.67	$129.33	$140.67	4.20%
$134.00	Sep 11	$3.43	$2.26	$5.69	$128.31	$139.69	4.21%
$136.00	Sep 11	$2.51	$3.30	$5.81	$130.19	$141.81	4.30%
$133.00	Sep 11	$4.05	$1.84	$5.89	$127.11	$138.89	4.36%
$137.00	Sep 11	$2.05	$3.98	$6.03	$130.97	$143.03	4.46%
$132.00	Sep 11	$4.65	$1.52	$6.17	$125.83	$138.17	4.57%
$138.00	Sep 11	$1.73	$4.55	$6.28	$131.72	$144.28	4.65%
$131.00	Sep 11	$5.30	$1.19	$6.49	$124.51	$137.49	4.80%
$139.00	Sep 11	$1.41	$5.28	$6.69	$132.31	$145.69	4.95%
$130.00	Sep 11	$6.03	$0.95	$6.98	$123.02	$136.98	5.17%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 1.74% of stock, avg 7.07%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$140.00	$131.00	Sep 11	$1.16	$1.19	$2.35	$128.65	$142.35
$139.00	$131.00	Sep 11	$1.41	$1.19	$2.60	$128.40	$141.60
$140.00	$132.00	Sep 11	$1.16	$1.52	$2.68	$129.32	$142.68
$139.00	$132.00	Sep 11	$1.41	$1.52	$2.93	$129.07	$141.93
$138.00	$131.00	Sep 11	$1.73	$1.19	$2.92	$128.08	$140.92
$140.00	$133.00	Sep 11	$1.16	$1.84	$3.00	$130.00	$143.00
$160.00	$115.00	Oct 16	$1.73	$1.53	$3.26	$111.74	$163.26
$138.00	$132.00	Sep 11	$1.73	$1.52	$3.25	$128.75	$141.25
$139.00	$133.00	Sep 11	$1.41	$1.84	$3.25	$129.75	$142.25
$138.00	$133.00	Sep 11	$1.73	$1.84	$3.57	$129.43	$141.57

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 150 found (best R:R 5.67, avg credit $0.81)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
129/130	146/147	Sep 25	$0.85	$0.15	39%	5.67	$129.15	$146.85
125/126	146/147	Sep 25	$0.72	$0.28	49%	2.57	$125.28	$146.72
126/127	146/147	Sep 25	$0.72	$0.28	47%	2.57	$126.28	$146.72
128/129	146/147	Oct 9	$0.83	$0.17	33%	4.88	$128.17	$146.83
129/130	143/144	Sep 25	$0.82	$0.18	33%	4.56	$129.18	$143.82
129/130	144/145	Sep 25	$0.78	$0.22	36%	3.55	$129.22	$144.78
125/126	146/147	Oct 9	$0.75	$0.25	39%	3.00	$125.25	$146.75
126/127	146/147	Oct 9	$0.77	$0.23	36%	3.35	$126.23	$146.77
125/126	149/150	Oct 23	$0.75	$0.25	37%	3.00	$125.25	$149.75
125/126	143/144	Sep 25	$0.69	$0.31	43%	2.23	$125.31	$143.69

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 121 found (best R:R 21.73, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$120.00	$125.00	$130.00	Sep 18	$0.22	$4.78	22%	21.73
$115.00	$120.00	$125.00	Sep 18	$0.13	$4.87	12%	37.46
$130.00	$135.00	$140.00	Oct 16	$0.34	$4.66	19%	13.71
$140.00	$145.00	$150.00	Oct 16	$0.33	$4.67	16%	14.15
$145.00	$150.00	$155.00	Oct 16	$0.32	$4.68	14%	14.62

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$145.00	$150.00	$155.00	Oct 16	$0.08	$4.92	14%	61.50
$115.00	$120.00	$125.00	Oct 2	$0.25	$4.75	15%	19.00
$130.00	$135.00	$140.00	Oct 16	$0.43	$4.57	19%	10.63
$110.00	$115.00	$120.00	Sep 25	$0.16	$4.84	9%	30.25
$140.00	$145.00	$150.00	Oct 16	$0.38	$4.62	16%	12.16

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 85 found (best net $-0.45, 82 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$125.00	$130.00	1:2	Sep 18	-$3.33	$1.67
$150.00	$152.50	1:2	Sep 11	$0.00	$2.50
$155.00	$157.50	1:2	Sep 11	-$0.02	$2.48
$152.50	$155.00	1:2	Sep 11	-$0.06	$2.44
$130.00	$134.00	1:2	Sep 18	-$2.61	$1.39

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$134.00	$130.00	1:2	Sep 18	-$0.45	$3.55
$125.00	$120.00	1:2	Sep 25	-$0.10	$4.90
$120.00	$115.00	1:2	Oct 2	-$0.18	$4.82
$115.00	$110.00	1:2	Oct 2	$0.00	$5.00
$120.00	$115.00	1:2	Sep 25	-$0.13	$4.87

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 104 found (best yield 5.70%, avg 2.02%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$138.00	Oct 23	$7.70	0.49	2.1%	5.70%	7.82%	3	--
$140.00	Oct 23	$6.85	0.46	3.6%	5.07%	8.67%	8	2
$141.00	Oct 23	$6.40	0.44	4.3%	4.74%	9.08%	5	--
$143.00	Oct 23	$5.75	0.41	5.8%	4.26%	10.08%	14	4
$142.00	Oct 23	$6.00	0.42	5.1%	4.44%	9.52%	4	--
$145.00	Oct 23	$5.05	0.38	7.3%	3.74%	11.04%	1	2
$136.00	Oct 23	$8.10	0.52	0.6%	5.99%	6.64%	4	--
$147.00	Oct 23	$4.35	0.35	8.8%	3.22%	12.00%	2	--
$149.00	Oct 23	$3.90	0.32	10.3%	2.89%	13.15%	1	--
$140.00	Oct 16	$6.15	0.44	3.6%	4.55%	8.16%	315	1.3K

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 25,359

Total Puts 36,354

Put/Call Ratio 1.43

Net Difference -10,995

Prior's Put/Call Breakdown

Total Calls 86,341

Total Puts 69,502

Put/Call Ratio 0.81

Net Difference 16,839

Prior 7-Day Put/Call Summary

Total Calls 377,069

Total Puts 234,549

Average Put/Call Ratio 0.81

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

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Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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