Bullish option flow detected in Shopify (SHOP) with 18,290 calls trading, 1.2x expected, and implied vol increasing over 1 point to 39.26%. Dec-24 120 calls and Jan-25 120 calls are the most active options, with total volume in those strikes near 7,600 contracts. The Put/Call Ratio is 0.26. Earnings are expected on February 11th.
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