Bullish option flow detected in Shopify (SHOP) with 29,584 calls trading, 1.9x expected, and implied vol increasing over 1 point to 65.01%. Jan-26 160 calls and Nov-25 180 calls are the most active options, with total volume in those strikes near 21,400 contracts. The Put/Call Ratio is 0.18. Earnings are expected on November 4th.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SHOP:
- Cathie Wood Boosts Biotech Bets, Cuts Back on Tech Favorites, Including Shopify and Palantir (PLTR)
- Cathie Wood Sounds the Alarm on AI Stocks — Should Investors Be Worried?
- Estee Lauder announces strategic partnership with Shopify
- Tesla (TSLA) Crowd Shows its Nerves as Investors Digest Earnings and Musk Pay Drama
- Shopify’s Strong Market Position and Growth Potential Justify Buy Rating