SHOP - Options Database

SHOP

SHOPIFY INC A

$148.93 +7.98%

(9/22 09:35) ◀

Tuesday, September 22, 2026 (9:40am)

▶ (9/22 09:45)

◀ 9/22 09:40 ▶

Option Volume

Detail

ℹ

Current (09/22 9:40am) 24,351

Calls: 20,502 (84%)

Puts: 3,849 (16%)

Prior (08/05) 35,331

Calls: 21,770 (62%)

Puts: 13,561 (38%)

Current vs Prior -31.08%

Calls: -5.82% (Calls)

Puts: -71.62% (Puts)

Prior 7-Day Total 659,445

Calls: 414,460 (63%)

Puts: 244,985 (37%)

Prior 7-Day Average 109,907

Calls: 59,208 (63%)

Puts: 34,997 (37%)

Current vs Prior 7-Day Avg -77.84%

Calls: -65.37%

Puts: -89.00%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/22 9:40am) $16.16M

Calls: $14.46M (90%)

Puts: $1.70M (10%)

Prior (08/05) $27.90M

Calls: $19.52M (70%)

Puts: $8.38M (30%)

Current vs Prior -42.09%

Calls: -25.90%

Puts: -79.78%

Prior 7-Day Total $277.37M

Calls: $164.35M (59%)

Puts: $113.02M (41%)

Prior 7-Day Average $46.23M

Calls: $23.48M (59%)

Puts: $16.15M (41%)

Current vs Prior 7-Day Avg -65.05%

Calls: -38.40%

Puts: -89.50%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 9:40am) 0.19

Prior (08/05) 0.62

Current vs Prior -69.86%

Prior 7-Day Average 0.59

Current vs Prior 7-Day Avg -68.33%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/22 9:40am) 576,747

Calls: 303,669 (53%)

Puts: 273,078 (47%)

Prior (08/05) 824,777

Calls: 548,816 (67%)

Puts: 275,961 (33%)

Current vs Prior -30.07%

Prior 7-Day Total 4,408,798

Calls: 2,814,465 (64%)

Puts: 1,594,333 (36%)

Prior 7-Day Average 734,799

Calls: 469,077 (64%)

Puts: 265,722 (36%)

Current vs Prior 7-Day Avg -21.51%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)

Current 5.96% | 8.83%13.70% | 22.58%

Prior 4.71% | 7.07%7.07% | 14.30%

Current vs Prior +26.52% | +24.90%+93.76% | +57.88%

Prior 7-Day Avg 6.88% | 9.85%12.58% | 18.98%

Current vs 7-Day Avg -13.35% | -10.36%+8.88% | +19.00%

Prior 7-Day Eod 4.71% | 7.07%11.11% | 21.63%

Current vs 7-Day Eod +26.52% | +24.90%+23.31% | +4.40%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 11.01% | 17.63%

Calls: 5.34% | 13.93%

Puts: 16.67% | 21.33%

Prior 18.62% | 31.05%

Calls: 17.73% | 47.19%

Puts: 19.52% | 14.91%

Current vs Prior -40.87% | -43.22%

Prior 7-Day Avg 14.92% | 18.12%

Calls: 13.36% | 24.31%

Puts: 16.49% | 11.92%

Current vs 7-Day Avg -26.23% | -2.68%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 90% of dollar volume in calls ($14.46M) vs puts ($1.70M). Extreme bullish P/C ratio of 0.19 - heavy call buying (20,502 calls vs 3,849 puts). P/C ratio dropping 70% - sentiment shifting bullish. Declining open interest (down 30%) indicates positions being closed.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
09:40	BULLISH	BULLISH	BULLISH
09:35	BULLISH	BULLISH	BULLISH

📈 Options Analysis

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💰 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

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Tightest Spreads

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Best Value <$1

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 32 of results (avg 7.8%, best 4.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$152.50	Sep 25	2.80	2.94	$2.87	4.9%	3.5K	0.40	176
$160.00	Oct 16	4.80	5.05	$4.93	5.1%	116	0.35	2.9K
$138.00	Sep 25	11.45	12.05	$11.75	5.1%	91	0.87	1.1K
$148.00	Sep 25	4.55	4.80	$4.68	5.3%	359	0.57	157
$140.00	Oct 16	13.40	14.15	$13.78	5.4%	157	0.69	2.2K

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Sep 25	11.60	12.45	$12.02	7.1%	--	0.80	10

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 151 found (avg delta 0.75, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$120.00	Sep 25	27.55	29.55	$28.55	7.0%	--	1.00	205
$121.00	Sep 25	26.45	29.40	$27.92	10.6%	1	1.00	11
$123.00	Sep 25	24.45	27.55	$26.00	11.9%	5	1.00	3
$125.00	Sep 25	22.50	25.50	$24.00	12.5%	--	1.00	213
$126.00	Sep 25	21.50	24.20	$22.85	11.8%	4	1.00	34

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Sep 25	11.60	12.45	$12.02	7.1%	--	0.80	10
$172.50	Oct 23	24.85	27.60	$26.23	10.5%	--	0.79	21
$170.00	Oct 16	22.55	25.00	$23.78	10.3%	--	0.78	62
$170.00	Oct 30	23.45	26.50	$24.98	12.2%	--	0.74	51
$167.50	Oct 23	21.00	23.55	$22.28	11.4%	--	0.74	84

Most actively traded options today. High liquidity = easy entry/exit. 241 active (total vol 20.6K, top 3.5K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$152.50	Sep 25	2.80	2.94	$2.87	4.9%	3.5K	0.40	176
$155.00	Sep 25	2.05	2.19	$2.12	6.6%	1.6K	0.33	572
$150.00	Sep 25	3.60	3.95	$3.78	9.3%	1.4K	0.49	1.5K
$130.00	Sep 25	17.55	19.85	$18.70	12.3%	1.1K	1.00	1.8K
$160.00	Sep 25	1.10	1.27	$1.19	14.3%	776	0.20	645

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$135.00	Oct 16	2.77	3.80	$3.29	31.3%	532	0.23	1.7K
$120.00	Oct 16	0.63	0.79	$0.71	22.5%	370	0.07	6.1K
$144.00	Sep 25	1.90	2.29	$2.09	18.7%	152	0.29	13
$150.00	Oct 16	8.75	10.05	$9.40	13.8%	130	0.48	784
$120.00	Oct 9	0.40	0.81	$0.61	67.2%	119	0.06	254

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 31.0%, max 48.8%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$162.50	Sep 25	Oct 23	84.4%	56.8%	48.8%	159	26
$148.00	Sep 25	Oct 23	76.1%	52.0%	46.2%	362	161
$157.50	Sep 25	Oct 23	80.8%	55.5%	45.6%	187	114
$152.50	Sep 25	Oct 23	77.1%	54.8%	40.6%	3.5K	202
$147.00	Sep 25	Oct 23	75.6%	55.1%	37.1%	314	124

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$148.00	Sep 25	Oct 23	76.0%	52.0%	46.0%	34	21
$160.00	Sep 25	Oct 30	82.8%	60.4%	37.1%	1	10
$155.00	Sep 25	Oct 16	79.5%	59.7%	33.2%	20	514
$150.00	Sep 25	Oct 23	77.2%	58.2%	32.7%	7	10
$140.00	Sep 25	Oct 23	74.8%	56.9%	31.6%	46	395

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 186 found (best R:R 3.35, avg 3.36)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$135.00	$137.00	Oct 30	$0.46	$1.54	$0.46	73%	3.35	$135.46
$155.00	$160.00	Oct 30	$1.27	$3.73	$1.27	44%	2.94	$156.27
$130.00	$131.00	Sep 25	$0.27	$0.73	$0.27	100%	2.70	$130.27
$130.00	$132.00	Oct 30	$0.88	$1.12	$0.88	78%	1.27	$130.88
$132.00	$135.00	Oct 23	$1.77	$1.23	$1.77	79%	0.69	$133.77

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$148.00	$145.00	Oct 23	$0.85	$2.15	$0.85	45%	2.53	$147.15
$152.50	$150.00	Oct 2	$1.08	$1.42	$1.08	56%	1.31	$151.42
$130.00	$128.00	Oct 16	$0.12	$1.88	$0.12	16%	15.67	$129.88
$141.00	$140.00	Oct 2	$0.19	$0.81	$0.19	28%	4.26	$140.81
$165.00	$162.50	Oct 23	$1.66	$0.84	$1.66	70%	0.51	$163.34

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 133 found (best R:R 6.69, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$150.00	$152.50	Oct 23	$1.64	$1.64	$0.86	48%	1.91	$151.64
$150.00	$152.50	Oct 9	$1.50	$1.50	$1.00	50%	1.50	$151.50
$165.00	$170.00	Oct 30	$1.58	$1.58	$3.42	68%	0.46	$166.58
$165.00	$167.50	Oct 9	$0.73	$0.73	$1.77	75%	0.41	$165.73
$155.00	$157.50	Oct 23	$1.17	$1.17	$1.33	56%	0.88	$156.17

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$121.00	$120.00	Oct 2	$0.87	$0.87	$0.13	91%	6.69	$120.13
$145.00	$135.00	Oct 30	$3.60	$3.60	$6.40	59%	0.56	$141.40
$134.00	$130.00	Oct 16	$1.06	$1.06	$2.94	78%	0.36	$132.94
$129.00	$128.00	Oct 9	$0.46	$0.46	$0.54	87%	0.85	$128.54
$124.00	$123.00	Sep 25	$0.36	$0.36	$0.64	95%	0.56	$123.64

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $2.30, cheapest $4.20)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$155.00	Sep 25	Oct 2	$1.91	79.5%	65.5%
$152.50	Sep 25	Oct 2	$1.93	77.1%	63.5%
$148.00	Sep 25	Oct 2	$2.14	76.1%	63.4%
$146.00	Sep 25	Oct 2	$1.87	75.3%	62.8%
$147.00	Sep 25	Oct 2	$2.20	75.6%	63.3%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$155.00	Sep 25	Oct 16	$4.20	79.5%	59.7%
$148.00	Sep 25	Oct 9	$3.53	76.0%	59.2%
$146.00	Sep 25	Oct 2	$2.00	75.3%	62.8%
$147.00	Sep 25	Oct 2	$2.10	75.5%	63.3%
$150.00	Sep 25	Oct 2	$2.20	77.2%	65.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 61 found (cheapest 5.63% of stock, avg 10.41%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$148.00	Sep 25	$4.68	$3.70	$8.38	$139.62	$156.38	5.63%
$147.00	Sep 25	$5.23	$3.23	$8.46	$138.54	$155.46	5.68%
$150.00	Sep 25	$3.78	$4.70	$8.48	$141.52	$158.48	5.69%
$149.00	Sep 25	$4.30	$4.20	$8.50	$140.50	$157.50	5.71%
$146.00	Sep 25	$5.93	$2.80	$8.73	$137.27	$154.73	5.86%
$145.00	Sep 25	$6.48	$2.42	$8.90	$136.10	$153.90	5.98%
$144.00	Sep 25	$7.18	$2.09	$9.27	$134.73	$153.27	6.22%
$143.00	Sep 25	$7.82	$1.81	$9.63	$133.37	$152.63	6.47%
$142.00	Sep 25	$8.60	$1.52	$10.12	$131.88	$152.12	6.80%
$155.00	Sep 25	$2.12	$8.20	$10.32	$144.68	$165.32	6.93%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 2.42% of stock, avg 6.62%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$160.00	$145.00	Sep 25	$1.19	$2.42	$3.61	$141.39	$163.61
$157.50	$145.00	Sep 25	$1.58	$2.42	$4.00	$141.00	$161.50
$155.00	$145.00	Sep 25	$2.12	$2.42	$4.54	$140.46	$159.54
$160.00	$146.00	Sep 25	$1.19	$2.80	$3.99	$142.01	$163.99
$157.50	$146.00	Sep 25	$1.58	$2.80	$4.38	$141.62	$161.88
$155.00	$146.00	Sep 25	$2.12	$2.80	$4.92	$141.08	$159.92
$160.00	$147.00	Sep 25	$1.19	$3.23	$4.42	$142.58	$164.42
$157.50	$147.00	Sep 25	$1.58	$3.23	$4.81	$142.19	$162.31
$155.00	$147.00	Sep 25	$2.12	$3.23	$5.35	$141.65	$160.35
$152.50	$145.00	Sep 25	$2.87	$2.42	$5.29	$139.71	$157.79

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 254 found (best R:R 1.10, avg credit $0.75)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
120/121	168/170	Oct 2	$1.31	$1.19	74%	1.10	$119.69	$168.81
120/121	165/168	Oct 2	$1.24	$1.26	71%	0.98	$119.76	$166.24
120/121	160/162	Oct 2	$1.42	$1.08	63%	1.31	$119.58	$161.42
120/121	162/165	Oct 2	$1.25	$1.25	68%	1.00	$119.75	$163.75
120/121	158/160	Oct 2	$1.30	$1.20	59%	1.08	$119.70	$158.80
128/129	165/168	Oct 9	$1.19	$1.31	62%	0.91	$127.81	$166.19
123/124	170/172	Sep 25	$0.47	$2.03	88%	0.23	$123.53	$170.47
123/124	168/170	Oct 2	$0.69	$1.81	78%	0.38	$123.31	$168.19
121/122	170/172	Sep 25	$0.41	$2.09	88%	0.20	$121.59	$170.41
123/124	168/170	Sep 25	$0.46	$2.04	86%	0.23	$123.54	$167.96

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 119 found (best R:R 14.62, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$160.00	$165.00	$170.00	Oct 16	$0.12	$4.88	13%	40.67
$160.00	$165.00	$170.00	Oct 30	$0.12	$4.88	13%	40.67
$157.50	$160.00	$162.50	Sep 25	$0.06	$2.44	10%	40.67
$150.00	$152.50	$155.00	Sep 25	$0.16	$2.34	17%	14.62
$155.00	$157.50	$160.00	Sep 25	$0.15	$2.35	12%	15.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$150.00	$155.00	$160.00	Sep 25	$0.32	$4.68	29%	14.62
$160.00	$165.00	$170.00	Oct 30	$0.23	$4.77	13%	20.74
$150.00	$155.00	$160.00	Oct 16	$0.37	$4.63	16%	12.51
$145.00	$150.00	$155.00	Oct 16	$0.45	$4.55	17%	10.11
$160.00	$165.00	$170.00	Oct 16	$0.35	$4.65	13%	13.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 87 found (best net $-0.45, 84 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$170.00	$172.50	1:2	Sep 25	-$0.20	$2.30
$160.00	$162.50	1:2	Sep 25	-$0.53	$1.97
$165.00	$167.50	1:2	Sep 25	-$0.36	$2.14
$167.50	$170.00	1:2	Sep 25	-$0.32	$2.18
$170.00	$175.00	1:2	Oct 2	-$0.66	$4.34

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$160.00	$145.00	1:2	Oct 30	-$0.45	$14.55
$162.50	$150.00	1:2	Oct 23	-$2.04	$10.46
$160.00	$152.50	1:2	Oct 2	-$2.18	$5.32
$155.00	$150.00	1:2	Sep 25	-$1.20	$3.80
$145.00	$135.00	1:2	Oct 30	-$1.75	$8.25

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 57 found (best yield 4.30%, avg 2.45%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$160.00	Oct 30	$6.40	0.39	7.4%	4.30%	11.73%	5	211
$150.00	Oct 30	$9.45	0.52	0.7%	6.35%	7.06%	12	100
$150.00	Oct 23	$9.00	0.52	0.7%	6.04%	6.76%	5	25
$155.00	Oct 30	$6.80	0.45	4.1%	4.57%	8.64%	5	16
$155.00	Oct 23	$6.60	0.44	4.1%	4.43%	8.51%	2	84
$160.00	Oct 23	$5.30	0.36	7.4%	3.56%	10.99%	15	66
$162.50	Oct 23	$4.55	0.33	9.1%	3.06%	12.17%	130	--
$155.00	Oct 16	$6.25	0.43	4.1%	4.20%	8.27%	115	4.1K
$165.00	Oct 30	$3.70	0.32	10.8%	2.48%	13.27%	10	24
$150.00	Oct 16	$8.20	0.51	0.7%	5.51%	6.22%	740	8.7K

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 20,502

Total Puts 3,849

Put/Call Ratio 0.19

Net Difference 16,653

Prior's Put/Call Breakdown

Total Calls 21,770

Total Puts 13,561

Put/Call Ratio 0.62

Net Difference 8,209

Prior 7-Day Put/Call Summary

Total Calls 414,460

Total Puts 244,985

Average Put/Call Ratio 0.59

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 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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