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: Nov 13, 2026
Days to expiration: 34
Share price: $170.85
Put/call ratio (OI): 5.16
Put/call ratio (volume): 2.05
ATM implied volatility: 65.6%
Expected move: ±$34.22
Open interest (C / P): 311 / 1.60K

SHOP options summary

The SHOP options chain for the November 13, 2026 expiration lists 14 call and 15 put contracts, with 34 days until expiration. Open interest stands at 311 calls and 1,605 puts, a put/call ratio of 5.16, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $170.00 strike is 65.6%, which implies the market expects a move of about ±$34.22 (20.0%) in Shopify stock by expiration.

The most open interest sits at the $160.00 call (132 contracts) and the $165.00 put (751 contracts).

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

SHOP options chain · November 13, 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
—	—	—	—	—	—	105.00	0.00	2.22	0.80	103.3%	1	1
—	—	—	—	—	—	120.00	0.25	0.80	0.62	67.7%	3	95
3	1	72.8%	36.75	37.35	39.35	135.00	1.10	2.68	2.00	66.7%	10	83
1	1	71.4%	26.60	36.10	38.65	136.00	—	—	—	—	—	—
—	—	—	—	—	—	137.00	1.01	3.40	2.26	66.8%	7	4
—	—	—	—	—	—	138.00	2.01	2.77	2.43	67.0%	2	3
8	5	68.6%	28.47	32.40	35.20	140.00	2.50	2.95	2.77	66.7%	2	72
—	—	—	—	—	—	141.00	2.46	3.95	3.38	69.0%	2	8
2	1	68.3%	32.02	30.90	33.45	142.00	—	—	—	—	—	—
—	—	—	—	—	—	143.00	2.52	4.55	5.14	68.2%	2	2
4	2	69.9%	22.26	28.95	32.75	144.00	2.77	4.80	4.37	68.3%	1	100
4	1	67.4%	28.00	28.00	31.50	145.00	—	—	—	—	—	—
—	—	—	—	—	—	146.00	3.15	5.25	11.02	67.8%	—	1
—	—	—	—	—	—	147.00	2.63	5.45	3.64	64.9%	1	4
—	—	—	—	—	—	148.00	3.15	5.75	4.85	65.9%	1	8
—	—	—	—	—	—	150.00	4.45	5.25	6.38	64.9%	2	373
—	—	—	—	—	—	152.50	5.05	7.05	6.15	67.5%	1	100
2	1	68.4%	18.20	20.10	22.60	157.50	—	—	—	—	—	—
132	4	66.0%	17.90	18.45	20.35	160.00	—	—	—	—	—	—
—	—	—	—	—	—	165.00	9.95	11.05	10.31	64.8%	94	751
6	6	66.9%	14.12	14.30	16.70	167.50	—	—	—	—	—	—
23	13	65.6%	12.81	13.30	14.75	170.00	—	—	—	—	—	—
SHOP $170.85
10	1	66.0%	12.97	12.30	13.65	172.50	—	—	—	—	—	—
40	13	65.4%	9.40	9.15	10.55	180.00	—	—	—	—	—	—
19	1	63.0%	7.00	6.95	8.45	185.00	—	—	—	—	—	—
57	13	65.8%	6.15	6.20	7.45	190.00	—	—	—	—	—	—

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 November 13, 2026 expiration, the SHOP put/call ratio based on open interest is 5.16 (1,605 puts vs 311 calls), and 2.05 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 November 13, 2026 is about 65.6%, 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.