Tour v526
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SHOPIFY INC A
$134.10 -7.57%
$134.27 (+0.13%)🌙
as of 09/08 04:00 PM
9/8 16:00

Option Volume

Detail
Current (09/08 4:00pm) 86,368
Calls: 45,001 (52%)
Puts: 41,367 (48%)
Prior (08/05) 176,042
Calls: 99,737 (57%)
Puts: 76,305 (43%)
Current vs Prior -50.94%
Calls: -54.88% (Calls)
Puts: -45.79% (Puts)
Prior 7-Day Total 739,637
Calls: 430,313 (58%)
Puts: 309,324 (42%)
Prior 7-Day Average 105,662
Calls: 61,473 (58%)
Puts: 44,189 (42%)
Current vs Prior 7-Day Avg -18.26%
Calls: -26.80%
Puts: -6.39%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/08 4:00pm) $36.53M
Calls: $21.30M (58%)
Puts: $15.23M (42%)
Prior (08/05) $116.50M
Calls: $80.70M (69%)
Puts: $35.80M (31%)
Current vs Prior -68.65%
Calls: -73.61%
Puts: -57.46%
Prior 7-Day Total $312.89M
Calls: $178.73M (57%)
Puts: $134.15M (43%)
Prior 7-Day Average $44.70M
Calls: $25.53M (57%)
Puts: $19.16M (43%)
Current vs Prior 7-Day Avg -18.28%
Calls: -16.60%
Puts: -20.53%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/08 4:00pm) 0.92
Prior (08/05) 0.77
Current vs Prior +20.15%
Prior 7-Day Average 0.98
Current vs Prior 7-Day Avg -5.90%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/08 4:00pm) 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 5,419,907
Calls: 3,568,954 (66%)
Puts: 1,850,953 (34%)
Prior 7-Day Average 774,272
Calls: 509,850 (66%)
Puts: 264,421 (34%)
Current vs Prior 7-Day Avg +2.54%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/11) | Next (09/18)Expiry (09/18) | Next (10/16)
Current 4.71% | 7.07%7.07% | 14.30%
Prior 4.84% | 7.75%9.84% | 16.74%
Current vs Prior -2.61% | -8.79%-28.19% | -14.57%
Prior 7-Day Avg 7.42% | 10.54%14.42% | 20.53%
Current vs 7-Day Avg -36.51% | -32.96%-50.97% | -30.35%
Prior 7-Day Eod 4.84% | 7.75%7.89% | 14.54%
Current vs 7-Day Eod -2.61% | -8.79%-10.42% | -1.65%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 18.62% | 31.05%
Calls: 17.73% | 47.19%
Puts: 19.52% | 14.91%
Prior 13.13% | 20.36%
Calls: 12.93% | 28.55%
Puts: 13.33% | 12.17%
Current vs Prior +41.81% | +52.50%
Prior 7-Day Avg 14.00% | 14.88%
Calls: 12.27% | 18.59%
Puts: 15.73% | 11.18%
Current vs 7-Day Avg +33.00% | +108.63%
Liquidity Expensive
+
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🤖 AI Insights

Light premium activity with dollar volume down 69% vs prior. Below-average activity with volume down 51% vs prior. Call-heavy open interest (529,079 calls vs 264,849 puts) suggests bullish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
16:00BULLISHNEUTRALBULLISH
15:00BULLISHBEARISHBEARISH
14:00BULLISHBEARISHBEARISH
13:00BULLISHBEARISHBEARISH

📈 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 19 of results (avg 7.8%, best 4.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Oct 1610.6011.05$10.834.2%1590.62741
$135.00Oct 168.008.40$8.204.9%4900.5245.9K
$150.00Oct 163.103.30$3.206.2%2.2K0.271.3K
$135.00Sep 184.204.50$4.356.9%3390.48915
$135.00Sep 112.372.55$2.467.3%1.3K0.4738
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Sep 1811.8012.60$12.206.6%800.801.2K
$125.00Oct 163.954.25$4.107.3%7970.29658
$130.00Oct 165.806.25$6.037.5%1170.39899
$140.00Oct 1610.6511.55$11.108.1%1540.57895
$135.00Oct 168.008.70$8.358.4%1470.481.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.92, cheapest $0.92)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Sep 110.841.00$0.9217.4%1.1K0.2382
PUTS (0)
No puts meet the criteria

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)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Sep 1823.2026.45$24.8313.1%11.00545
$110.00Sep 1122.9025.50$24.2010.7%321.0091
$111.00Sep 1121.9024.50$23.2011.2%161.00--
$115.00Sep 1118.3021.35$19.8315.4%40.99--
$112.00Sep 1120.9024.30$22.6015.0%70.991
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$152.50Sep 1117.5019.70$18.6011.8%151.0069
$155.00Sep 1118.7522.15$20.4516.6%751.0084
$157.50Sep 1122.3525.30$23.8312.4%521.0054
$160.00Sep 1124.8527.15$26.008.8%661.0051
$160.00Sep 1823.8527.30$25.5813.5%140.96880

Most actively traded options today. High liquidity = easy entry/exit. 333 active (total vol 64.5K, top 10.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Oct 162.202.38$2.297.9%5.2K0.211.1K
$139.00Sep 111.011.31$1.1625.9%2.4K0.27174
$150.00Oct 163.103.30$3.206.2%2.2K0.271.3K
$149.00Sep 110.050.30$0.18138.9%2.1K0.052.9K
$140.00Sep 253.303.85$3.5815.4%1.7K0.3724
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$110.00Oct 230.871.40$1.1446.5%10.6K0.10--
$134.00Sep 112.422.92$2.6718.7%2.5K0.484.0K
$123.00Sep 110.150.24$0.2045.0%2.3K0.0646
$130.00Sep 111.061.23$1.1514.8%2.1K0.26142
$110.00Oct 160.771.08$0.9333.3%1.9K0.0917.8K

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 20.7%, max 30.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$133.00Sep 11Oct 2358.9%46.3%27.1%4711
$132.00Sep 11Oct 2358.5%46.7%25.2%918
$134.00Sep 11Oct 2357.7%46.4%24.5%14226
$142.00Sep 11Oct 2360.5%49.0%23.4%35684
$141.00Sep 11Oct 2360.3%49.2%22.5%58841
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$129.00Sep 11Oct 2358.4%44.8%30.4%53434
$132.00Sep 11Oct 958.5%46.2%26.7%52859
$139.00Sep 11Oct 959.4%47.3%25.4%1682.3K
$131.00Sep 11Oct 2358.4%46.7%25.1%402385
$128.00Sep 11Oct 2360.0%48.5%23.8%63817

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 201 found (best R:R 3.00, avg 3.22)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$130.00$132.00Oct 2$0.50$1.50$0.5062%3.00$130.50
$128.00$130.00Oct 23$0.65$1.35$0.6564%2.08$128.65
$114.00$115.00Sep 11$0.55$0.45$0.5598%0.82$114.55
$129.00$130.00Sep 11$0.32$0.68$0.3278%2.13$129.32
$138.00$140.00Oct 9$0.42$1.58$0.4245%3.76$138.42
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$147.00$146.00Sep 11$0.63$0.37$0.6394%0.59$146.37
$138.00$137.00Oct 9$0.23$0.77$0.2355%3.35$137.77
$142.00$141.00Sep 11$0.55$0.45$0.5585%0.82$141.45
$143.00$142.00Sep 18$0.48$0.52$0.4877%1.08$142.52
$141.00$140.00Oct 2$0.37$0.63$0.3763%1.70$140.63

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 145 found (best R:R 3.55, avg 0.56)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$142.00$143.00Sep 18$0.78$0.78$0.2271%3.55$142.78
$146.00$147.00Oct 23$0.70$0.70$0.3065%2.33$146.70
$144.00$145.00Oct 2$0.62$0.62$0.3869%1.63$144.62
$140.00$142.00Oct 9$1.02$1.02$0.9858%1.04$141.02
$147.00$148.00Sep 18$0.32$0.32$0.6884%0.47$147.32
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$125.00$120.00Oct 9$1.47$1.47$3.5372%0.42$123.53
$127.00$126.00Oct 2$0.69$0.69$0.3169%2.23$126.31
$133.00$132.00Oct 9$0.81$0.81$0.1955%4.26$132.19
$125.00$120.00Oct 16$1.52$1.52$3.4871%0.44$123.48
$128.00$127.00Oct 23$0.67$0.67$0.3364%2.03$127.33

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 16 found (avg debit $2.10, cheapest $2.71)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$133.00Sep 11Sep 25$3.0858.9%48.3%
$131.00Sep 11Sep 25$2.8758.4%47.7%
$132.00Sep 11Sep 25$3.0058.5%48.5%
$134.00Sep 11Sep 18$1.4657.7%48.8%
$137.00Sep 11Sep 18$1.6458.9%52.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$133.00Sep 11Sep 25$2.7158.9%48.3%
$131.00Sep 11Sep 25$2.5358.4%47.7%
$132.00Sep 11Sep 25$2.7058.5%48.5%
$134.00Sep 11Sep 18$1.6657.7%48.8%
$137.00Sep 11Sep 18$1.5558.9%52.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 102 found (cheapest 4.22% of stock, avg 9.52%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$134.00Sep 11$2.99$2.67$5.66$128.34$139.664.22%
$133.00Sep 11$3.47$2.26$5.73$127.27$138.734.27%
$135.00Sep 11$2.46$3.33$5.79$129.21$140.794.32%
$136.00Sep 11$2.05$3.85$5.90$130.10$141.904.40%
$132.00Sep 11$4.10$1.83$5.93$126.07$137.934.42%
$131.00Sep 11$4.78$1.47$6.25$124.75$137.254.66%
$137.00Sep 11$1.73$4.53$6.26$130.74$143.264.67%
$138.00Sep 11$1.42$5.15$6.57$131.43$144.574.90%
$130.00Sep 11$5.48$1.15$6.63$123.37$136.634.94%
$129.00Sep 11$5.80$0.91$6.71$122.29$135.715.00%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 1.72% of stock, avg 7.02%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$139.00$130.00Sep 11$1.16$1.15$2.31$127.69$141.31
$138.00$130.00Sep 11$1.42$1.15$2.57$127.43$140.57
$139.00$131.00Sep 11$1.16$1.47$2.63$128.37$141.63
$138.00$131.00Sep 11$1.42$1.47$2.89$128.11$140.89
$137.00$130.00Sep 11$1.73$1.15$2.88$127.12$139.88
$139.00$132.00Sep 11$1.16$1.83$2.99$129.01$141.99
$160.00$115.00Oct 16$1.65$1.65$3.30$111.70$163.30
$137.00$131.00Sep 11$1.73$1.47$3.20$127.80$140.20
$138.00$132.00Sep 11$1.42$1.83$3.25$128.75$141.25
$137.00$132.00Sep 11$1.73$1.83$3.56$128.44$140.56

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 164 found (best R:R 7.33, avg credit $0.81)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
126/127148/149Oct 9$0.88$0.1240%7.33$126.12$148.88
126/127147/148Oct 2$0.80$0.2045%4.00$126.20$147.80
126/127146/147Oct 9$0.87$0.1337%6.69$126.13$146.87
126/127147/148Oct 9$0.84$0.1639%5.25$126.16$147.84
126/127144/145Oct 9$0.88$0.1234%7.33$126.12$144.88
126/127145/146Oct 9$0.85$0.1536%5.67$126.15$145.85
125/126144/145Sep 25$0.72$0.2846%2.57$125.28$144.72
127/128144/145Oct 2$0.81$0.1936%4.26$127.19$144.81
125/126143/144Sep 25$0.72$0.2844%2.57$125.28$143.72
124/125148/149Sep 11$0.31$0.6982%0.45$124.69$148.31

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 136 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$115.00$120.00$125.00Oct 16$0.05$4.9515%99.00
$120.00$125.00$130.00Sep 18$0.43$4.5725%10.63
$125.00$130.00$135.00Oct 16$0.37$4.6319%12.51
$135.00$140.00$145.00Oct 16$0.37$4.6318%12.51
$125.00$127.00$129.00Sep 25$0.05$1.9511%39.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$115.00$120.00$125.00Sep 25$0.08$4.9216%61.50
$140.00$145.00$150.00Oct 16$0.29$4.7116%16.24
$120.00$125.00$130.00Sep 18$0.57$4.4325%7.77
$125.00$130.00$135.00Oct 16$0.39$4.6119%11.82
$110.00$115.00$120.00Oct 16$0.21$4.7912%22.81

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 86 found (best net $-1.35, 79 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$130.00$134.001:2Sep 18-$1.35$2.65
$155.00$157.501:2Sep 18-$0.07$2.43
$150.00$152.501:2Sep 18-$0.19$2.31
$155.00$160.001:2Oct 23-$0.92$4.08
$152.50$155.001:2Sep 11-$0.04$2.46
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$134.00$130.001:2Sep 18-$0.83$3.17
$125.00$120.001:2Oct 9-$0.45$4.55
$125.00$120.001:2Oct 2-$0.37$4.63
$120.00$115.001:2Oct 9-$0.18$4.82
$125.00$120.001:2Sep 25-$0.41$4.59

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 108 found (best yield 4.88%, avg 1.81%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$140.00Oct 23$6.550.444.4%4.88%9.28%92
$135.00Oct 23$8.600.520.7%6.41%7.08%33--
$145.00Oct 23$4.800.378.1%3.58%11.71%22
$135.00Oct 16$8.000.520.7%5.97%6.64%49045.9K
$146.00Oct 23$4.200.358.9%3.13%12.01%11
$140.00Oct 16$5.800.434.4%4.33%8.72%3651.3K
$149.00Oct 23$3.700.3011.1%2.76%13.87%1--
$150.00Oct 23$3.500.2911.9%2.61%14.47%5--
$136.00Oct 23$7.150.501.4%5.33%6.75%4--
$138.00Oct 23$6.250.472.9%4.66%7.57%3--

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 45,001
Total Puts 41,367
Put/Call Ratio 0.92
Net Difference 3,634

Prior's Put/Call Breakdown

Total Calls 99,737
Total Puts 76,305
Put/Call Ratio 0.77
Net Difference 23,432

Prior 7-Day Put/Call Summary

Total Calls 430,313
Total Puts 309,324
Average Put/Call Ratio 0.98
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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