From Barchart:

Today, there is notable options activity in Shopify, with a significant volume of out-of-the-money put options being traded. This suggests that investors may perceive Shopify as undervalued and are positioning themselves accordingly. This comes as Shopify’s free cash flow continues to grow, indicating potential strength and value in the company. (Words: 55)

Investors in Shopify are seeing increased options activity today, with a notable volume of out-of-the-money put options being traded. This may indicate a perception of undervaluation for Shopify, particularly in light of the company’s growing free cash flow. This suggests potential optimism and positioning among investors in relation to Shopify’s current valuation. (Words: 45)



Read more: Shopify Has Unusual Stock Options Activity – Highlighting SHOP Stock’s Value