Please use a PC Browser to access Register-Tadawul
Get It
Spotlight on Shopify: Analyzing the Surge in Options Activity
Shopify, Inc. Class A +1.78% Pre
Shopify, Inc. Class A SHOP | 123.80 123.54 | +1.78% -0.21% Pre |
Financial giants have made a conspicuous bearish move on Shopify. Our analysis of options history for Shopify (NASDAQ:SHOP) revealed 82 unusual trades.
Delving into the details, we found 40% of traders were bullish, while 47% showed bearish tendencies. Out of all the trades we spotted, 28 were puts, with a value of $8,860,321, and 54 were calls, valued at $4,168,338.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $40.0 to $170.0 for Shopify over the last 3 months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Shopify options trades today is 850.7 with a total volume of 28,850.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Shopify's big money trades within a strike price range of $40.0 to $170.0 over the last 30 days.
Shopify Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SHOP | PUT | TRADE | BEARISH | 09/18/26 | $11.4 | $9.3 | $11.1 | $90.00 | $5.5M | 1.3K | 5.0K |
| SHOP | PUT | TRADE | BULLISH | 01/15/27 | $14.8 | $13.8 | $14.0 | $90.00 | $1.4M | 1.8K | 1.0K |
| SHOP | PUT | SWEEP | NEUTRAL | 03/20/26 | $21.75 | $21.0 | $21.0 | $125.00 | $424.4K | 1.0K | 221 |
| SHOP | PUT | SWEEP | BULLISH | 05/15/26 | $25.3 | $24.4 | $24.45 | $125.00 | $313.0K | 331 | 145 |
| SHOP | CALL | TRADE | BEARISH | 06/18/26 | $14.75 | $14.45 | $14.45 | $110.00 | $252.8K | 250 | 196 |
About Shopify
Shopify offers an e-commerce platform mainly to small and medium-sized businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.
In light of the recent options history for Shopify, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of Shopify
- With a volume of 23,228,777, the price of SHOP is down -9.45% at $107.49.
- RSI indicators hint that the underlying stock may be oversold.
- Next earnings are expected to be released in 84 days.
Professional Analyst Ratings for Shopify
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $148.0.
- Consistent in their evaluation, an analyst from Benchmark keeps a Buy rating on Shopify with a target price of $145.
- An analyst from Citizens has decided to maintain their Market Outperform rating on Shopify, which currently sits at a price target of $160.
- Maintaining their stance, an analyst from Barclays continues to hold a Equal-Weight rating for Shopify, targeting a price of $130.
- An analyst from Wedbush persists with their Outperform rating on Shopify, maintaining a target price of $160.
- An analyst from UBS has decided to maintain their Neutral rating on Shopify, which currently sits at a price target of $145.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics.
