Bullish option flow detected in Shopify (SHOP) with 30,515 calls trading, 1.5x expected, and implied vol increasing over 1 point to 54.77%. Feb-26 140 calls and Dec-25 165 calls are the most active options, with total volume in those strikes near 12,100 contracts. The Put/Call Ratio is 0.32. Earnings are expected on February 11th.
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