Whales with a lot of money to spend have taken a noticeably bearish stance onShopify.
Looking at options history for Shopify (NYSE:SHOP) we detected 18 trades.
If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 44% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $107,910 and 16, calls, for a total amount of $1,345,213.
Expected Price Movements
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 $115.0 for Shopify over...
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