SHOP Unusual Option Activity
Shopify Inc (SHOP) option volume on Nov 4, 2026 was 22.8% of open interest, well above the 20-day average of 7.0%. Calls made up 88.7% of the volume. Relative to open interest, that was SHOP's most active day in 4 weeks.
SHOP Unusual Options FAQ
What makes option activity unusual?
Option activity is usually called unusual when a contract trades much more volume than its open interest, which can mean traders are opening new positions.
Is SHOP seeing unusual options activity?
On Nov 4, 2026, Shopify options traded 127.73K contracts against 559.8K open, a volume to open interest ratio of 0.23, well above its 20-day average. The table above lists the contracts with the highest ratios.
Are SHOP traders trading more calls or puts?
Calls made up 88.7% of Shopify option volume on Nov 4, 2026, a put/call ratio of 0.13, so calls outnumber puts. The SHOP option volume chart shows calls and puts by strike.
What is Shopify Inc?
Shopify offers an e-commerce platform primarily to small and medium-size businesses.