Find out what whales are doing with SHOP

A whale with plenty of cash to spend has taken a distinctly bullish stance on Shopify.

Reviewing Shopify SHOP's options history, we detected 20 strange transactions.

If we consider the specifics of each trade, it is correct to say that 55% of investors opened trades with bullish expectations and 45% with bearish expectations.

Of all the trades identified, 7 are puts, for a total amount of $339,974 and 13 are calls, for a total amount of $651,320.

What is the target price?

Given the volume and open interest on these contracts, it appears whales have targeted a price range of $20.0 to $120.0 for Shopify over the past few months. Last 3 months.

Development of volume and open interest

Watching volume and open interest is a powerful move when trading options. This data can help you track the liquidity and interest of Shopify's options for a given strike price. Below, we can observe the evolution of call and put volume and open interest, respectively, for all Shopify whale exchanges within a strike price range of $20.0 to $120.0 in the last 30 days.

Shopify Options Volume and Open Interest in the Last 30 Days The biggest options spotted: Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume STORE CALL SWEEP BULLISH 07/29/22 $28.00 $102,400 60 155 STORE PUT TRADE BEARISH 09/16/22 $120.00 $85.7K 130 0 STORE CALL SWEEP BULLISH 09/16/22 $40.00 $85.2000 5.8K 301 STORE CALL SWEEP BULLISH 12/16/22 $40.00 $71,000 367 296 STORE PUT SWEEP BEARISH 07/15/22 $33.50 $55.5,000 3.6K 139 Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume STORE CALL SWEEP BULLISH 07/29/22 $28.00 $102,400 60 155 STORE PUT TRADE BEARISH 09/16/22 $120.00 $85.7K 130 0 STORE CALL SWEEP BULLISH 09/16/22 $40.00 $85.2000 5.8K 301 STORE CALL SWEEP BULLISH 12/16/22 $40.00 $71,000 367 296 STORE PUT SWEEP BEARISH 07/15/22 $33.50 $55.5,000 3.6K 139 Where is Shopify right now? With a volume of 15,376,818, SHOP's price is down -1.44% to $33.51. RSI indicators suggest that the underlying stock is currently neutral between overbought and oversold. The next results should be published in 21 days. What the experts say about Shopify: Morgan Stanley downgraded its stock to Equal-Weight with a price target of $450 Barclays has decided to maintain its Equal-Weight rating on Shopify, which currently sits at a price target of $360. RBC Capital has decided to maintain its outperform rating on Shopify, which currently sits at a price target of $700. Truist...