Tour v528
SHOP
SHOPIFY INC A
$148.70 +7.82%
9/22 10:35

Option Volume

Detail
Current (09/22 10:35am) 81,809
Calls: 62,239 (76%)
Puts: 19,570 (24%)
Prior (08/05) 79,704
Calls: 48,687 (61%)
Puts: 31,017 (39%)
Current vs Prior +2.64%
Calls: +27.83% (Calls)
Puts: -36.91% (Puts)
Prior 7-Day Total 802,163
Calls: 522,122 (65%)
Puts: 280,041 (35%)
Prior 7-Day Average 114,594
Calls: 74,588 (65%)
Puts: 40,005 (35%)
Current vs Prior 7-Day Avg -28.61%
Calls: -16.56%
Puts: -51.08%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/22 10:35am) $44.63M
Calls: $38.89M (87%)
Puts: $5.74M (13%)
Prior (08/05) $61.52M
Calls: $42.12M (68%)
Puts: $19.40M (32%)
Current vs Prior -27.46%
Calls: -7.67%
Puts: -70.43%
Prior 7-Day Total $352.80M
Calls: $229.69M (65%)
Puts: $123.11M (35%)
Prior 7-Day Average $50.40M
Calls: $32.81M (65%)
Puts: $17.59M (35%)
Current vs Prior 7-Day Avg -11.45%
Calls: +18.52%
Puts: -67.38%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/22 10:35am) 0.31
Prior (08/05) 0.64
Current vs Prior -50.64%
Prior 7-Day Average 0.57
Current vs Prior 7-Day Avg -44.56%
Sentiment BULLISH

Open Interest

Detail
Current (09/22 10:35am) 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 4,985,545
Calls: 3,118,134 (63%)
Puts: 1,867,411 (37%)
Prior 7-Day Average 712,220
Calls: 445,447 (63%)
Puts: 266,773 (37%)
Current vs Prior 7-Day Avg -19.02%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)
Current 5.48% | 8.12%12.80% | 21.45%
Prior 4.71% | 7.07%7.07% | 14.30%
Current vs Prior +16.29% | +14.91%+81.03% | +49.99%
Prior 7-Day Avg 6.88% | 9.85%12.58% | 18.98%
Current vs 7-Day Avg -20.35% | -17.52%+1.72% | +13.05%
Prior 7-Day Eod 4.71% | 7.07%11.11% | 21.63%
Current vs 7-Day Eod +16.29% | +14.91%+15.21% | -0.81%
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 12.32% | 14.61%
Calls: 10.66% | 8.13%
Puts: 13.99% | 21.08%
Prior 18.62% | 31.05%
Calls: 17.73% | 47.19%
Puts: 19.52% | 14.91%
Current vs Prior -33.83% | -52.95%
Prior 7-Day Avg 14.92% | 18.12%
Calls: 13.36% | 24.31%
Puts: 16.49% | 11.92%
Current vs 7-Day Avg -17.45% | -19.35%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 87% of dollar volume in calls ($38.89M) vs puts ($5.74M). Extreme bullish P/C ratio of 0.31 - heavy call buying (62,239 calls vs 19,570 puts). P/C ratio dropping 51% - 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)
TimeSmart MoneyRetailOverall
10:35BULLISHBULLISHBULLISH
10:30BULLISHBULLISHBULLISH
10:25BULLISHBULLISHBULLISH
10:20BULLISHBULLISHBULLISH
10:15BULLISHBULLISHBULLISH
10:10BULLISHBULLISHBULLISH
10:05BULLISHBULLISHBULLISH
10:00BULLISHBULLISHBULLISH
09:55BULLISHBULLISHBULLISH
09:50BULLISHBULLISHBULLISH
09:45BULLISHBULLISHBULLISH
09:40BULLISHBULLISHBULLISH
09:35BULLISHBULLISHBULLISH

📈 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 57 of results (avg 7.4%, best 2.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Sep 259.559.80$9.682.6%1.7K0.845.5K
$140.00Oct 1613.3013.65$13.482.6%6640.702.2K
$150.00Oct 167.708.00$7.853.8%2.1K0.518.7K
$160.00Oct 164.204.40$4.304.7%5920.332.9K
$165.00Oct 163.053.20$3.134.8%6770.264.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Oct 26.006.35$6.185.7%260.5226
$150.00Oct 168.208.75$8.486.5%1520.49784
$145.00Oct 165.906.30$6.106.6%590.401.6K
$157.50Sep 259.5010.15$9.826.6%120.79--
$160.00Sep 2511.6512.45$12.056.6%--0.8510

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.75, cheapest $0.84)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Sep 250.770.84$0.818.6%9.6K0.15645
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Sep 250.770.91$0.8416.7%2.1K0.16348
$120.00Oct 160.550.65$0.6016.7%5050.066.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 159 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$119.00Sep 2528.4530.95$29.708.4%21.001
$120.00Sep 2528.1029.55$28.835.0%--1.00205
$121.00Sep 2526.4529.40$27.9210.6%21.0011
$122.00Sep 2525.4527.95$26.709.4%41.003
$123.00Sep 2524.8526.55$25.706.6%61.003
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Sep 2511.6512.45$12.056.6%--0.8510
$170.00Oct 1621.9524.40$23.1710.6%--0.8062
$172.50Oct 2324.5527.45$26.0011.2%--0.8021
$157.50Sep 259.5010.15$9.826.6%120.79--
$160.00Oct 212.0514.25$13.1516.7%10.7510

Most actively traded options today. High liquidity = easy entry/exit. 327 active (total vol 64.1K, top 9.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Sep 250.770.84$0.818.6%9.6K0.15645
$152.50Sep 252.222.38$2.307.0%6.4K0.36176
$155.00Sep 251.511.70$1.6111.8%5.8K0.27572
$150.00Sep 253.053.35$3.209.4%3.5K0.451.5K
$134.00Sep 2513.6016.30$14.9518.1%2.3K0.952.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Sep 250.770.91$0.8416.7%2.1K0.16348
$124.00Sep 250.000.58$0.29200.0%2.0K0.042.2K
$135.00Oct 162.572.85$2.7110.3%5870.211.7K
$120.00Oct 160.550.65$0.6016.7%5050.066.1K
$148.00Sep 253.203.55$3.3810.4%3570.4621

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 25 strikes (avg 22.0%, max 36.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$160.00Sep 25Oct 3074.5%54.7%36.2%9.6K856
$157.50Sep 25Oct 2373.1%55.9%30.9%548114
$155.00Sep 25Oct 3070.7%56.1%26.1%5.8K588
$149.00Sep 25Oct 2367.7%53.7%26.0%915122
$152.50Sep 25Oct 2370.0%55.6%26.0%6.4K202
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$160.00Sep 25Oct 3074.5%54.7%36.2%110
$148.00Sep 25Oct 2366.5%53.0%25.4%39921
$140.00Sep 25Oct 2367.1%54.8%22.6%2.1K395
$145.00Sep 25Oct 3065.2%53.7%21.4%183104
$147.00Sep 25Oct 266.9%55.1%21.4%7134

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 190 found (best R:R 2.77, avg 3.12)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$141.00$143.00Oct 23$0.53$1.47$0.5366%2.77$141.53
$145.00$150.00Oct 30$2.10$2.90$2.1059%1.38$147.10
$132.00$133.00Oct 2$0.30$0.70$0.3089%2.33$132.30
$150.00$152.50Oct 16$0.65$1.85$0.6551%2.85$150.65
$170.00$175.00Oct 30$0.58$4.42$0.5825%7.62$170.58
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$135.00$133.00Oct 23$0.10$1.90$0.1024%19.00$134.90
$138.00$137.00Oct 16$0.10$0.90$0.1027%9.00$137.90
$145.00$141.00Oct 16$1.25$2.75$1.2540%2.20$143.75
$140.00$139.00Oct 2$0.15$0.85$0.1524%5.67$139.85
$150.00$148.00Oct 23$0.88$1.12$0.8849%1.27$149.12

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 136 found (best R:R 1.04, avg 0.49)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$157.50$160.00Oct 23$1.21$1.21$1.2961%0.94$158.71
$152.50$155.00Oct 16$1.30$1.30$1.2053%1.08$153.80
$157.50$160.00Oct 9$1.00$1.00$1.5064%0.67$158.50
$149.00$150.00Oct 9$0.69$0.69$0.3146%2.23$149.69
$152.50$155.00Oct 2$1.12$1.12$1.3858%0.81$153.62
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$132.00$130.00Oct 30$1.02$1.02$0.9877%1.04$130.98
$120.00$119.00Oct 30$0.60$0.60$0.4087%1.50$119.40
$141.00$140.00Oct 9$0.75$0.75$0.2570%3.00$140.25
$137.00$136.00Oct 9$0.67$0.67$0.3377%2.03$136.33
$136.00$135.00Oct 23$0.70$0.70$0.3074%2.33$135.30

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 13 found (avg debit $2.05, cheapest $2.72)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$147.00Sep 25Oct 2$2.0066.9%55.1%
$148.00Sep 25Oct 2$1.9366.5%56.0%
$150.00Sep 25Oct 2$2.0069.1%58.9%
$145.00Sep 25Oct 2$2.1465.2%55.2%
$146.00Sep 25Oct 2$2.2565.3%56.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$149.00Sep 25Oct 9$2.7267.7%53.6%
$147.00Sep 25Oct 2$1.8766.9%55.1%
$148.00Sep 25Oct 2$1.8566.5%56.0%
$150.00Sep 25Oct 2$1.7369.1%58.9%
$145.00Sep 25Oct 2$1.8665.2%55.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 81 found (cheapest 5.06% of stock, avg 10.21%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$149.00Sep 25$3.60$3.93$7.53$141.47$156.535.06%
$148.00Sep 25$4.22$3.38$7.60$140.40$155.605.11%
$150.00Sep 25$3.20$4.45$7.65$142.35$157.655.14%
$146.00Sep 25$5.23$2.46$7.69$138.31$153.695.17%
$147.00Sep 25$4.75$2.96$7.71$139.29$154.715.18%
$145.00Sep 25$5.88$2.07$7.95$137.05$152.955.35%
$144.00Sep 25$6.57$1.78$8.35$135.65$152.355.62%
$143.00Sep 25$7.40$1.47$8.87$134.13$151.875.97%
$142.00Sep 25$8.13$1.23$9.36$132.64$151.366.29%
$155.00Sep 25$1.61$7.78$9.39$145.61$164.396.31%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 1.96% of stock, avg 6.56%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$157.50$144.00Sep 25$1.14$1.78$2.92$141.08$160.42
$155.00$144.00Sep 25$1.61$1.78$3.39$140.61$158.39
$157.50$145.00Sep 25$1.14$2.07$3.21$141.79$160.71
$155.00$145.00Sep 25$1.61$2.07$3.68$141.32$158.68
$157.50$146.00Sep 25$1.14$2.46$3.60$142.40$161.10
$152.50$144.00Sep 25$2.30$1.78$4.08$139.92$156.58
$152.50$145.00Sep 25$2.30$2.07$4.37$140.63$156.87
$155.00$146.00Sep 25$1.61$2.46$4.07$141.93$159.07
$152.50$146.00Sep 25$2.30$2.46$4.76$141.24$157.26
$157.50$147.00Sep 25$1.14$2.96$4.10$142.90$161.60

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 250 found (best R:R 0.37, avg credit $0.74)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
121/122168/170Oct 2$0.68$1.8279%0.37$121.32$168.18
121/122162/165Oct 2$0.80$1.7072%0.47$121.20$163.30
121/122158/160Oct 2$1.03$1.4763%0.70$120.97$158.53
121/122165/168Oct 2$0.70$1.8076%0.39$121.30$165.70
123/124168/170Sep 25$0.36$2.1489%0.17$123.64$167.86
131/133168/170Oct 23$1.24$1.2652%0.98$131.76$168.74
120/122168/170Oct 23$0.90$1.6065%0.56$121.10$168.40
121/122160/162Oct 2$0.82$1.6868%0.49$121.18$160.82
123/124162/165Sep 25$0.40$2.1084%0.19$123.60$162.90
120/121168/170Oct 2$0.45$2.0582%0.22$120.55$167.95

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 122 found (best R:R 21.73, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$160.00$165.00$170.00Oct 16$0.29$4.7113%16.24
$165.00$170.00$175.00Oct 16$0.23$4.7711%20.74
$150.00$152.50$155.00Sep 25$0.21$2.2918%10.90
$155.00$157.50$160.00Sep 25$0.14$2.3612%16.86
$160.00$162.50$165.00Sep 25$0.07$2.437%34.71
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$155.00$160.00$165.00Oct 30$0.22$4.7813%21.73
$155.00$157.50$160.00Sep 25$0.19$2.3112%12.16
$145.00$146.00$147.00Oct 2$0.06$0.946%15.67
$142.00$143.00$144.00Sep 25$0.07$0.937%13.29
$127.00$128.00$129.00Sep 25$0.06$0.942%15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 96 found (best net $-0.02, 93 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$170.00$175.001:2Oct 2-$0.26$4.74
$167.50$170.001:2Sep 25-$0.13$2.37
$170.00$172.501:2Sep 25-$0.10$2.40
$172.50$175.001:2Sep 25-$0.11$2.39
$162.50$165.001:2Sep 25-$0.29$2.21
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$150.001:2Oct 9-$0.02$9.98
$162.50$150.001:2Oct 23-$1.67$10.83
$155.00$150.001:2Sep 25-$1.12$3.88
$145.00$137.001:2Oct 30-$2.62$5.38
$129.00$128.001:2Sep 25$0.00$1.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 55 found (best yield 4.91%, avg 2.37%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$155.00Oct 30$7.300.454.2%4.91%9.15%4316
$150.00Oct 30$9.250.520.9%6.22%7.09%51100
$160.00Oct 30$5.000.377.6%3.36%10.96%16211
$150.00Oct 23$8.350.510.9%5.62%6.49%20825
$152.50Oct 23$7.050.472.6%4.74%7.30%1826
$155.00Oct 23$6.100.434.2%4.10%8.34%684
$149.00Oct 23$8.600.530.2%5.78%5.99%778
$165.00Oct 30$3.700.3111.0%2.49%13.45%1324
$157.50Oct 23$5.200.395.9%3.50%9.41%236
$155.00Oct 16$5.750.424.2%3.87%8.10%5434.1K

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 62,239
Total Puts 19,570
Put/Call Ratio 0.31
Net Difference 42,669

Prior's Put/Call Breakdown

Total Calls 48,687
Total Puts 31,017
Put/Call Ratio 0.64
Net Difference 17,670

Prior 7-Day Put/Call Summary

Total Calls 522,122
Total Puts 280,041
Average Put/Call Ratio 0.57
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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Chart Title

Price — Past 7 Days

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