Shopify (SHOP) Options Chain

NASDAQ: SHOPTechnologyComputer Software: Prepackaged SoftwareUSD

170.85+6.29 (+3.82%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Oct 30, 2026
Days to expiration: 19
Share price: $170.85
Put/call ratio (OI): 2.16
Put/call ratio (volume): 1.14
ATM implied volatility: 50.6%
Expected move: ±$19.71
Open interest (C / P): 6.48K / 14.00K

SHOP options summary

The SHOP options chain for the October 30, 2026 expiration lists 47 call and 48 put contracts, with 19 days until expiration. Open interest stands at 6,482 calls and 14,003 puts, a put/call ratio of 2.16, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $170.00 strike is 50.6%, which implies the market expects a move of about ±$19.71 (11.5%) in Shopify stock by expiration.

The most open interest sits at the $150.00 call (1.92K contracts) and the $105.00 put (10.13K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

SHOP options chain · October 30, 2026

SHOP calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
—	—	—	—	—	—	80.00	0.00	1.03	1.13	171.0%	1	2
2	2	165.3%	83.25	84.95	88.05	85.00	—	—	—	—	—	—
—	—	—	—	—	—	90.00	0.00	1.00	1.05	146.3%	2	3
3	1	124.4%	70.58	74.10	78.20	95.00	0.00	1.00	0.01	135.3%	3	7
26	5	123.8%	51.93	70.00	72.65	100.00	0.00	0.99	0.01	124.7%	1	34
20	—	122.5%	33.77	65.00	68.10	105.00	0.00	0.82	0.06	111.0%	11	10,134
4	3	111.6%	59.46	60.00	63.05	110.00	0.00	1.03	0.22	106.0%	1	69
1	1	90.2%	50.38	54.20	58.20	115.00	0.00	0.54	0.09	86.5%	12	359
—	—	—	—	—	—	116.00	0.00	1.03	0.30	95.0%	1	53
—	—	—	—	—	—	117.00	0.00	1.32	1.38	97.8%	1	76
—	—	—	—	—	—	118.00	0.00	0.95	0.08	90.0%	1	26
138	—	82.4%	19.27	50.25	54.10	119.00	0.00	0.31	0.06	73.3%	2	136
21	19	80.8%	32.07	49.25	53.10	120.00	0.00	1.16	0.08	89.9%	9	94
—	—	—	—	—	—	121.00	0.00	0.97	0.10	85.2%	1	41
—	—	—	—	—	—	122.00	0.00	1.18	0.12	86.7%	5	48
—	—	—	—	—	—	123.00	0.00	1.26	0.08	86.1%	1	64
—	—	—	—	—	—	124.00	0.00	0.22	0.06	62.7%	5	176
1	1	69.5%	20.79	44.25	47.95	125.00	0.05	0.25	0.09	64.3%	16	122
9	7	79.3%	34.27	44.10	46.75	126.00	0.00	0.13	0.09	55.9%	5	38
22	7	78.3%	33.35	43.10	45.80	127.00	0.08	0.15	0.12	59.0%	13	57
64	60	80.9%	37.75	42.10	45.15	128.00	0.00	0.16	0.12	54.9%	8	15
11	1	73.5%	25.75	40.70	44.10	129.00	0.00	0.23	0.15	56.3%	2	8
197	25	73.8%	40.00	40.15	42.80	130.00	0.06	0.19	0.12	55.6%	17	101
1	2	72.8%	7.70	39.15	41.85	131.00	0.00	0.42	0.18	58.8%	31	11
8	1	75.0%	31.72	38.20	41.15	132.00	0.00	0.63	0.20	61.5%	2	16
1	—	70.0%	8.75	37.20	39.85	133.00	0.03	0.44	0.19	57.0%	5	28
2	1	65.3%	15.09	36.20	38.60	134.00	0.07	0.22	0.22	51.4%	13	87
34	1	67.7%	28.93	35.25	37.90	135.00	0.00	0.69	0.39	58.0%	4	84
6	1	66.0%	18.76	34.25	36.90	136.00	0.00	0.76	0.33	57.5%	2	10
46	2	54.3%	27.92	33.00	35.35	137.00	0.00	1.21	0.49	61.7%	15	9
11	2	58.8%	31.41	32.35	34.45	138.00	0.00	0.74	0.33	54.2%	7	38
30	1	61.9%	30.50	31.35	33.90	139.00	0.00	1.05	0.49	56.6%	6	7
75	8	55.0%	30.76	30.10	32.65	140.00	0.23	0.66	0.37	53.1%	14	160
57	8	59.0%	29.95	29.45	31.85	141.00	0.00	0.69	0.59	56.9%	9	145
850	4	62.6%	30.34	28.30	31.65	142.00	0.34	0.75	0.64	52.3%	14	55
45	4	61.9%	29.04	27.95	30.15	143.00	0.38	0.77	0.89	51.4%	5	26
12	3	55.6%	27.35	26.65	28.85	144.00	0.35	0.81	0.65	54.1%	1	7
155	4	54.6%	26.50	24.85	28.75	145.00	0.32	0.89	0.70	53.7%	40	59
0	4	60.1%	25.65	24.80	27.85	146.00	—	—	—	—	—	—
7	3	59.5%	24.72	23.85	27.00	147.00	—	—	—	—	—	—
5	4	52.3%	23.77	22.15	25.85	148.00	0.75	1.16	0.93	52.4%	14	123
4	2	52.7%	18.85	22.05	24.30	149.00	0.83	1.30	1.23	52.4%	4	527
1,916	21	51.2%	22.07	20.90	23.50	150.00	0.90	1.53	1.13	53.3%	32	91
11	4	50.7%	19.87	18.80	21.35	152.50	—	—	—	—	—	—
184	7	50.1%	17.73	16.75	19.30	155.00	1.62	2.33	2.00	51.6%	27	37
34	2	59.5%	13.80	14.80	17.30	157.50	—	—	—	—	—	—
392	93	50.6%	12.87	13.35	15.45	160.00	2.85	4.30	3.50	50.8%	26	177
30	8	52.6%	10.97	12.00	14.05	162.50	—	—	—	—	—	—
545	81	54.0%	10.75	9.95	11.70	165.00	4.10	5.90	4.75	54.3%	69	86
275	12	51.2%	9.59	9.15	10.60	167.50	—	—	—	—	—	—
299	61	51.4%	8.29	7.95	8.60	170.00	6.60	7.50	6.90	49.8%	13	53
SHOP $170.85
214	42	52.1%	6.07	5.65	6.50	175.00	8.60	10.95	12.90	54.0%	120	183
245	180	50.6%	4.17	3.85	4.50	180.00	12.25	14.15	13.11	54.0%	46	121
211	16	51.7%	2.86	2.60	4.00	185.00	—	—	—	—	—	—
163	8	50.9%	1.85	1.70	2.19	190.00	19.75	21.95	39.22	56.1%	100	100
95	11	49.4%	1.20	0.88	1.33	195.00	24.40	26.25	44.07	57.4%	100	100

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the SHOP put/call ratio?

For the October 30, 2026 expiration, the SHOP put/call ratio based on open interest is 2.16 (14,003 puts vs 6,482 calls), and 1.14 based on today's volume. A ratio above 1 means more puts than calls.

What is SHOP's implied volatility?

At-the-money implied volatility for SHOP options expiring October 30, 2026 is about 50.6%, an annualized estimate of how much the market expects Shopify stock to move.

How many SHOP option expiration dates are there?

SHOP has 16 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.