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Market Whales and Their Recent Bets on SHOP Options

Benzinga ·  Dec 17, 2024 11:00

Investors with a lot of money to spend have taken a bullish stance onShopify(NYSE:SHOP).

And retail traders should know.

We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with SHOP, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 26 options trades forShopify.

This isn't normal.

The overall sentiment of these big-money traders is split between 42% bullish and 34%, bearish.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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