Bullish option flow detected in Shopify (SHOP) with 38,727 calls trading, 2x expected, and implied vol increasing almost 2 points to 36.38%. 12/6 weekly 115 calls and 12/6 weekly 110 calls are the most active options, with total volume in those strikes near 9,300 contracts. The Put/Call Ratio is 0.11. Earnings are expected on February 11th.
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