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

Looking at options history for Shopify (NYSE:SHOP) we detected 18 trades.

If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 44% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $107,910 and 16, calls, for a total amount of $1,345,213.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $40.0 to $115.0 for Shopify over...