$152.900
-1.422 (-0.93%)At close
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8/24 15:00
Shopify Shares Up 0.29% to $149.69
Moderately bullish activity in Shopify (SHOP), with shares up 44c, or 0.29%, near $149.69. Options volume relatively light with 14k contracts traded and calls leading puts for a put/call ratio of 0.55, compared to a typical level near 0.77. Implied volatility (IV30) is higher by 2.0 points near 45.85,in the bottom quartile of the past year, suggesting an expected daily move of $4.32. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Accumulate at Phillip Securities.
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