Whales with a lot of money to spend have taken a noticeably bullish stance onShopify.

Looking at options history for Shopify (NYSE:SHOP) we detected 44 trades.

If we consider the specifics of each trade, it is accurate to state that 52% of the investors opened trades with bullish expectations and 36% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $115,045 and 41, calls, for a total amount of $2,892,774.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $50.0 and $155.0 for Shopify...