Shopify Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale has taken a bullish stance on Shopify (NYSE: SHOP) with 71% of the investors opening trades with bullish expectations and 28% with bearish. Whales have been targeting a price range of $45.0 to $65.0 for Shopify over the last 3 months. The price of SHOP is up 3.52% at $60.34.
June 05, 2023 | 5:31 pm
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A whale has taken a bullish stance on Shopify, with 71% of investors opening bullish trades and 28% bearish. The price of SHOP is up 3.52% at $60.34.
The article highlights a whale taking a bullish stance on Shopify, with a majority of investors opening bullish trades. This indicates a positive sentiment towards the stock, which could lead to an increase in its price in the short term. The current price of SHOP is up 3.52% at $60.34, further supporting the bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100