6/9/2023-Unusual Options Activity In SHOP

6/9/2023-Unusual Options Activity In SHOP

$SHOP – Bullish option flow detected in Shopify (61.02 +1.74) with 87,473 calls trading (3x expected) and implied vol increasing over 2 points to 48.42%. . The Put/Call Ratio is 0.15. Earnings are expected on 07/25. The JUN 16th 63.00 & 65.00 Calls are active.

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