SHOP - Options Database

SHOP

SHOPIFY INC A

$134.12 -7.56%

(9/8 14:00) ◀

Tuesday, September 8, 2026 (3:00pm)

▶ (9/8 16:00)

◀ 9/8 15:00 ▶

Option Volume

Detail

ℹ

Current (09/08 3:00pm) 66,306

Calls: 27,885 (42%)

Puts: 38,421 (58%)

Prior (08/05) 164,364

Calls: 91,987 (56%)

Puts: 72,377 (44%)

Current vs Prior -59.66%

Calls: -69.69% (Calls)

Puts: -46.92% (Puts)

Prior 7-Day Total 673,331

Calls: 402,428 (60%)

Puts: 270,903 (40%)

Prior 7-Day Average 112,221

Calls: 57,489 (60%)

Puts: 38,700 (40%)

Current vs Prior 7-Day Avg -40.92%

Calls: -51.50%

Puts: -0.72%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/08 3:00pm) $31.56M

Calls: $17.50M (55%)

Puts: $14.06M (45%)

Prior (08/05) $115.78M

Calls: $85.85M (74%)

Puts: $29.93M (26%)

Current vs Prior -72.74%

Calls: -79.62%

Puts: -53.00%

Prior 7-Day Total $281.33M

Calls: $161.24M (57%)

Puts: $120.09M (43%)

Prior 7-Day Average $46.89M

Calls: $23.03M (57%)

Puts: $17.16M (43%)

Current vs Prior 7-Day Avg -32.69%

Calls: -24.04%

Puts: -18.02%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/08 3:00pm) 1.38

Prior (08/05) 0.79

Current vs Prior +75.12%

Prior 7-Day Average 0.91

Current vs Prior 7-Day Avg +51.40%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/08 3:00pm) 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 4,625,979

Calls: 3,039,875 (66%)

Puts: 1,586,104 (34%)

Prior 7-Day Average 770,996

Calls: 506,645 (66%)

Puts: 264,350 (34%)

Current vs Prior 7-Day Avg +2.97%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 4.63% | 7.23%7.23% | 14.14%

Prior 4.84% | 7.75%9.84% | 16.74%

Current vs Prior -4.32% | -6.69%-26.54% | -15.57%

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

Current vs 7-Day Avg -37.62% | -31.41%-49.84% | -31.15%

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

Current vs 7-Day Eod -4.32% | -6.69%-8.36% | -2.79%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 15.90% | 13.38%

Calls: 15.28% | 12.90%

Puts: 16.52% | 13.86%

Prior 13.13% | 20.36%

Calls: 12.93% | 28.55%

Puts: 13.33% | 12.17%

Current vs Prior +21.10% | -34.28%

Prior 7-Day Avg 14.00% | 14.88%

Calls: 12.27% | 18.59%

Puts: 15.73% | 11.18%

Current vs 7-Day Avg +13.57% | -10.10%

Liquidity Expensive

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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 1.38 indicates protective positioning. P/C ratio rising 75% - 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
15:00	BULLISH	BEARISH	BEARISH
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 37 of results (avg 8.3%, best 4.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$130.00	Sep 18	7.00	7.30	$7.15	4.2%	196	0.66	2.6K
$140.00	Oct 16	5.80	6.15	$5.98	5.9%	346	0.42	1.3K
$130.00	Oct 16	10.25	10.90	$10.58	6.1%	126	0.61	741
$132.00	Oct 2	7.70	8.30	$8.00	7.5%	8	0.57	1
$135.00	Oct 16	7.70	8.30	$8.00	7.5%	480	0.51	45.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$140.00	Oct 16	10.95	11.40	$11.18	4.0%	149	0.58	895
$130.00	Oct 16	5.90	6.20	$6.05	5.0%	86	0.39	899
$135.00	Oct 16	8.15	8.60	$8.38	5.4%	133	0.48	1.5K
$147.00	Sep 11	12.75	13.55	$13.15	6.1%	79	0.94	493
$140.00	Oct 23	11.65	12.40	$12.03	6.2%	7	0.56	5

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.29, cheapest $0.11)

CALLS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$150.00	Sep 11	0.10	0.12	$0.11	18.2%	282	0.04	2.2K

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$125.00	Sep 11	0.30	0.36	$0.33	18.2%	536	0.09	49
$126.00	Sep 11	0.40	0.47	$0.44	15.9%	341	0.12	30

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 153 found (avg delta 0.73, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$110.00	Sep 11	23.10	25.90	$24.50	11.4%	32	1.00	91
$111.00	Sep 11	22.35	24.70	$23.53	10.0%	16	1.00	--
$112.00	Sep 11	21.10	23.70	$22.40	11.6%	7	1.00	1
$113.00	Sep 11	20.20	22.70	$21.45	11.7%	6	1.00	--
$114.00	Sep 11	19.20	21.70	$20.45	12.2%	4	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$157.50	Sep 11	21.90	24.95	$23.42	13.0%	52	0.98	54
$155.00	Sep 11	19.40	22.50	$20.95	14.8%	74	0.98	84
$160.00	Sep 11	24.40	27.75	$26.08	12.8%	66	0.98	51
$152.50	Sep 11	17.05	19.85	$18.45	15.2%	15	0.97	69
$150.00	Sep 11	15.15	18.05	$16.60	17.5%	68	0.96	147

Most actively traded options today. High liquidity = easy entry/exit. 332 active (total vol 53.1K, top 10.6K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$139.00	Sep 11	0.96	1.23	$1.10	24.5%	2.3K	0.26	174
$149.00	Sep 11	0.08	0.25	$0.17	100.0%	2.1K	0.05	2.9K
$140.00	Sep 25	3.35	3.75	$3.55	11.3%	1.7K	0.37	24
$150.00	Oct 16	2.97	3.25	$3.11	9.0%	1.3K	0.26	1.3K
$140.00	Sep 11	0.78	1.00	$0.89	24.7%	965	0.22	82

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$110.00	Oct 23	1.14	1.40	$1.27	20.5%	10.6K	0.11	--
$134.00	Sep 11	2.58	2.90	$2.74	11.7%	2.5K	0.48	4.0K
$123.00	Sep 11	0.14	0.25	$0.20	55.0%	2.3K	0.06	46
$130.00	Sep 11	1.09	1.23	$1.16	12.1%	2.1K	0.27	142
$110.00	Oct 16	0.95	1.08	$1.02	12.7%	1.9K	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. 28 strikes (avg 19.1%, max 25.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$133.00	Sep 11	Oct 23	57.7%	45.9%	25.7%	46	11
$134.00	Sep 11	Oct 23	57.1%	46.7%	22.1%	107	26
$132.00	Sep 11	Oct 23	57.0%	47.0%	21.2%	8	18
$142.00	Sep 11	Oct 23	59.7%	49.5%	20.5%	350	84
$135.00	Sep 11	Oct 23	59.3%	49.5%	19.7%	330	38

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$129.00	Sep 11	Oct 23	57.3%	47.0%	21.9%	506	34
$131.00	Sep 11	Oct 23	56.9%	46.8%	21.7%	294	385
$128.00	Sep 11	Oct 23	57.2%	47.1%	21.6%	630	17
$139.00	Sep 11	Oct 9	58.5%	48.3%	21.2%	166	2.3K
$141.00	Sep 11	Oct 9	59.4%	49.1%	20.9%	24	136

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 217 found (best R:R 5.25, avg 3.13)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$138.00	$140.00	Oct 23	$0.32	$1.68	$0.32	47%	5.25	$138.32
$130.00	$131.00	Oct 9	$0.14	$0.86	$0.14	62%	6.14	$130.14
$133.00	$134.00	Oct 9	$0.20	$0.80	$0.20	56%	4.00	$133.20
$125.00	$126.00	Sep 11	$0.55	$0.45	$0.55	90%	0.82	$125.55
$135.00	$136.00	Oct 23	$0.20	$0.80	$0.20	52%	4.00	$135.20

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$146.00	$145.00	Sep 18	$0.32	$0.68	$0.32	82%	2.12	$145.68
$140.00	$139.00	Oct 9	$0.20	$0.80	$0.20	58%	4.00	$139.80
$144.00	$143.00	Sep 18	$0.45	$0.55	$0.45	78%	1.22	$143.55
$141.00	$140.00	Oct 2	$0.32	$0.68	$0.32	63%	2.13	$140.68
$148.00	$147.00	Sep 25	$0.52	$0.48	$0.52	80%	0.92	$147.48

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 154 found (best R:R 0.45, avg 0.47)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$140.00	$142.00	Oct 9	$0.97	$0.97	$1.03	58%	0.94	$140.97
$140.00	$141.00	Oct 23	$0.60	$0.60	$0.40	56%	1.50	$140.60
$141.00	$142.00	Sep 25	$0.48	$0.48	$0.52	65%	0.92	$141.48
$141.00	$142.00	Oct 23	$0.55	$0.55	$0.45	58%	1.22	$141.55
$144.00	$145.00	Sep 25	$0.37	$0.37	$0.63	72%	0.59	$144.37

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$125.00	$120.00	Oct 23	$1.55	$1.55	$3.45	70%	0.45	$123.45
$130.00	$125.00	Oct 16	$1.95	$1.95	$3.05	61%	0.64	$128.05
$125.00	$120.00	Oct 9	$1.38	$1.38	$3.62	72%	0.38	$123.62
$120.00	$115.00	Oct 9	$0.96	$0.96	$4.04	81%	0.24	$119.04
$131.00	$130.00	Sep 25	$0.65	$0.65	$0.35	60%	1.86	$130.35

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 16 found (avg debit $2.14, cheapest $2.95)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$133.00	Sep 11	Sep 25	$3.13	57.7%	49.6%
$132.00	Sep 11	Sep 25	$3.07	57.0%	49.3%
$136.00	Sep 11	Sep 18	$1.66	59.5%	52.2%
$131.00	Sep 11	Sep 25	$2.98	56.9%	50.2%
$135.00	Sep 11	Sep 18	$1.72	59.3%	52.7%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$133.00	Sep 11	Sep 25	$2.95	57.7%	49.6%
$132.00	Sep 11	Sep 25	$2.88	57.0%	49.3%
$136.00	Sep 11	Sep 18	$1.68	59.5%	52.2%
$131.00	Sep 11	Sep 25	$2.90	56.9%	50.2%
$135.00	Sep 11	Sep 18	$1.72	59.3%	52.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 102 found (cheapest 4.19% of stock, avg 9.57%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$134.00	Sep 11	$2.88	$2.74	$5.62	$128.38	$139.62	4.19%
$133.00	Sep 11	$3.35	$2.30	$5.65	$127.35	$138.65	4.21%
$135.00	Sep 11	$2.48	$3.33	$5.81	$129.19	$140.81	4.33%
$132.00	Sep 11	$4.03	$1.84	$5.87	$126.13	$137.87	4.38%
$136.00	Sep 11	$2.07	$3.95	$6.02	$129.98	$142.02	4.49%
$131.00	Sep 11	$4.70	$1.48	$6.18	$124.82	$137.18	4.61%
$137.00	Sep 11	$1.67	$4.72	$6.39	$130.61	$143.39	4.76%
$130.00	Sep 11	$5.33	$1.16	$6.49	$123.51	$136.49	4.84%
$138.00	Sep 11	$1.35	$5.45	$6.80	$131.20	$144.80	5.07%
$129.00	Sep 11	$6.15	$0.92	$7.07	$121.93	$136.07	5.27%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 1.69% of stock, avg 6.92%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$139.00	$130.00	Sep 11	$1.10	$1.16	$2.26	$127.74	$141.26
$138.00	$130.00	Sep 11	$1.35	$1.16	$2.51	$127.49	$140.51
$139.00	$131.00	Sep 11	$1.10	$1.48	$2.58	$128.42	$141.58
$138.00	$131.00	Sep 11	$1.35	$1.48	$2.83	$128.17	$140.83
$137.00	$130.00	Sep 11	$1.67	$1.16	$2.83	$127.17	$139.83
$137.00	$131.00	Sep 11	$1.67	$1.48	$3.15	$127.85	$140.15
$139.00	$132.00	Sep 11	$1.10	$1.84	$2.94	$129.06	$141.94
$160.00	$115.00	Oct 16	$1.63	$1.72	$3.35	$111.65	$163.35
$138.00	$132.00	Sep 11	$1.35	$1.84	$3.19	$128.81	$141.19
$137.00	$132.00	Sep 11	$1.67	$1.84	$3.51	$128.49	$140.51

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 145 found (best R:R 4.56, avg credit $0.84)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
125/126	149/150	Oct 23	$0.82	$0.18	37%	4.56	$125.18	$149.82
126/127	141/142	Sep 25	$0.81	$0.19	36%	4.26	$126.19	$141.81
127/128	141/142	Sep 25	$0.82	$0.18	34%	4.56	$127.18	$141.82
126/127	144/145	Sep 25	$0.70	$0.30	43%	2.33	$126.30	$144.70
127/128	146/147	Oct 2	$0.72	$0.28	40%	2.57	$127.28	$146.72
127/128	144/145	Sep 25	$0.71	$0.29	40%	2.45	$127.29	$144.71
127/128	144/145	Oct 2	$0.75	$0.25	36%	3.00	$127.25	$144.75
126/127	149/150	Oct 23	$0.75	$0.25	35%	3.00	$126.25	$149.75
125/126	141/142	Sep 25	$0.70	$0.30	39%	2.33	$125.30	$141.70
127/128	143/144	Oct 2	$0.73	$0.27	34%	2.70	$127.27	$143.73

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 131 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$120.00	$125.00	$130.00	Oct 16	$0.20	$4.80	18%	24.00
$135.00	$140.00	$145.00	Oct 16	$0.32	$4.68	18%	14.62
$110.00	$115.00	$120.00	Sep 18	$0.17	$4.83	10%	28.41
$145.00	$150.00	$155.00	Oct 16	$0.27	$4.73	14%	17.52
$115.00	$120.00	$125.00	Sep 18	$0.28	$4.72	13%	16.86

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$140.00	$145.00	$150.00	Oct 16	$0.05	$4.95	16%	99.00
$140.00	$145.00	$150.00	Oct 23	$0.20	$4.80	15%	24.00
$150.00	$155.00	$160.00	Oct 16	$0.08	$4.92	11%	61.50
$125.00	$130.00	$135.00	Oct 16	$0.38	$4.62	19%	12.16
$110.00	$115.00	$120.00	Oct 2	$0.16	$4.84	11%	30.25

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 $-0.75, 79 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$125.00	$130.00	1:2	Sep 18	-$3.55	$1.45
$130.00	$134.00	1:2	Sep 18	-$2.15	$1.85
$150.00	$152.50	1:2	Sep 18	-$0.16	$2.34
$150.00	$152.50	1:2	Sep 11	-$0.05	$2.45
$155.00	$157.50	1:2	Sep 11	-$0.03	$2.47

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$134.00	$130.00	1:2	Sep 18	-$0.75	$3.25
$125.00	$120.00	1:2	Sep 25	-$0.21	$4.79
$125.00	$120.00	1:2	Oct 2	-$0.40	$4.60
$120.00	$115.00	1:2	Oct 9	-$0.28	$4.72
$120.00	$115.00	1:2	Sep 25	-$0.07	$4.93

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 109 found (best yield 4.88%, avg 2.03%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$140.00	Oct 23	$6.55	0.44	4.4%	4.88%	9.27%	8	2
$135.00	Oct 23	$8.40	0.52	0.7%	6.26%	6.92%	33	--
$136.00	Oct 23	$7.90	0.50	1.4%	5.89%	7.29%	4	--
$141.00	Oct 23	$5.90	0.42	5.1%	4.40%	9.53%	5	--
$138.00	Oct 23	$6.90	0.47	2.9%	5.14%	8.04%	3	--
$142.00	Oct 23	$5.50	0.40	5.9%	4.10%	9.98%	4	--
$143.00	Oct 23	$5.15	0.39	6.6%	3.84%	10.46%	14	4
$147.00	Oct 23	$4.10	0.34	9.6%	3.06%	12.66%	2	--
$145.00	Oct 23	$4.60	0.35	8.1%	3.43%	11.54%	1	2
$146.00	Oct 23	$4.30	0.34	8.9%	3.21%	12.06%	1	1

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 27,885

Total Puts 38,421

Put/Call Ratio 1.38

Net Difference -10,536

Prior's Put/Call Breakdown

Total Calls 91,987

Total Puts 72,377

Put/Call Ratio 0.79

Net Difference 19,610

Prior 7-Day Put/Call Summary

Total Calls 402,428

Total Puts 270,903

Average Put/Call Ratio 0.91

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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📈 Options Analysis

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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