Deep-pocketed investors have adopted a bearish approach towards Shopify (NYSE:SHOP), as revealed by Benzinga's options scanner. The significant options activity includes 3 puts totaling $335,685 and 6 calls amounting to $186,695, with a general bearish sentiment. The expected price range for Shopify is between $60.0 to $70.0 over the next three months. Current trading volume is 1,453,004, with the stock price at $61.57, down by -1.74%. Analysts have mixed ratings, with an average price target of $81.25.