Shopify's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing significant interest in Shopify (NYSE:SHOP) options, with a mix of bullish and bearish sentiments. The options activity suggests a potential price range of $65 to $90 for Shopify, with notable trades including both calls and puts. Currently, Shopify's stock is down by 3.02% at $72.28.
August 28, 2024 | 7:31 pm
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Significant options activity in Shopify (NYSE:SHOP) indicates mixed investor sentiment, with a potential price range of $65 to $90. The stock is currently down 3.02% at $72.28.
The article highlights significant options activity in Shopify, with both bullish and bearish trades. This suggests a potential price range of $65 to $90, indicating uncertainty in the short term. The stock's current decline of 3.02% adds to the mixed sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100