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Viewing Shopify’s Recent Abnormal Options Activity – Shopify (NYSE:SHOP)


27% profits every 20 days?

This is what Nic Chahine is buying with his options. We do not sell call options or spreads… I BUY options. Most traders don’t even have the winning percentage of 27% of a call option. Its effectiveness is 83%. Here’s how he does it.


Financial giants have made a clear bearish move on Shopify. Our analysis of the options history for Shopify (NYSE:SHOP) revealed 8 unusual trades.

Digging deeper, we found that 12% of traders were bullish, while 62% were bearish. Of the total trades we detected, 3 were puts worth $120,475 and 5 were calls worth $487,755.

What is the target price?

Analyzing the volume and open interest in these contracts, it appears that large players were looking at a Shopify price window of $35.0 to $100.0 last quarter.

Development of volume and open interests

In terms of liquidity and interest, Shopify Options’ average open interest is currently 1,431.71 on total volume of 1,559.00.

In the chart below, we can track the development of volume and open interest in Shopify’s large cash trades in the strike price range of $35.0 to $100.0 over the last 30 days.

Shopify 30-day snapshot of option volume and interests

Notable Activity Options:

Symbol SEND/CALL Trade type Sentiment To the power of. Date Ask Offer Price Strike price Total trading price Open interest volume
STORE CALL TRADE BEARISH 16/01/26 $7.50 $7.35 $7.35 $100.00 288.8 thousand dollars 878 107
STORE CALL TRADE BULLISH 20/09/24 $7.8 $7.7 $7.8 $60.00 89.7 thousand dollars 970 839
STORE PLACE TRADE BEARISH 21/06/24 $5.15 $5.05 $5.15 $65.00 48.9 thousand dollars 4.4 thousand 443
STORE PLACE TRADE BEARISH 16/01/26 $15.1 $14.25 $14.85 $65.00 44.5 thousand dollars 1.2 thousand thirty
STORE CALL TRADE NEUTRAL 20/09/24 $8.3 $8.0 $8.15 $60.00 40.7 thousand dollars 970 124

About Shopify

Shopify offers an e-commerce platform primarily for small and medium-sized businesses. The company has two segments. The Subscription Solutions segment enables Shopify merchants to conduct e-commerce across a variety of platforms, including the company’s website, brick-and-mortar stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The commerce solutions segment offers platform add-on products that facilitate e-commerce and includes Shopify Payments, Shopify Shipping and Shopify Capital.

Shopify’s current market status

  • Currently, with a volume of 4,735,740, the SHOP price has decreased by -1.2% and is currently $61.7.
  • RSI readings suggest that stocks may be approaching oversold right now.
  • Results are expected to be published in 82 days.

Options are a riskier asset compared to regular stock trading, but they have greater profit potential. Serious options traders manage this risk by educating themselves daily, increasing their trading volume, tracking more than one indicator, and closely following the markets.

If you want to stay on top of the latest Shopify options trades, Benzinga Pro has real-time options trade alerts.


27% profits every 20 days?

This is what Nic Chahine is buying with his options. We do not sell call options or spreads… I BUY options. Most traders don’t even have the winning percentage of 27% of a call option. Its effectiveness is 83%. Here’s how he does it.


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