SHOP Options
SHOP $168.18 · Updated Oct 26, 4:00 PM ET
SHOP is at $168.18. The nearest expiration, Oct 30, 2026 (4 days out), lists 69 strikes, with 3,705 calls and 2,862 puts traded in the latest session. At-the-money implied volatility is 59.3%. The at-the-money straddle prices a move of about $8.38 (5.0%) by expiration.
SHOP Options Chain
SHOP is at $168.18. The nearest expiration, Oct 30, 2026 (4 days out), lists 69 strikes, with 3,705 calls and 2,862 puts traded in the latest session. At-the-money implied volatility is 59.3%. The at-the-money straddle prices a move of about $8.38 (5.0%) by expiration.
SHOP Gamma Exposure (GEX)
SHOP total dealer gamma exposure is $17M across all listed expirations. Positive GEX means dealers are net long gamma; their hedging tends to dampen price moves. The call wall is $175.00 and the put wall $165.00.
SHOP Max Pain
SHOP max pain for Oct 30, 2026 (4 days out) is $165.00, 1.9% below the current $168.18. That is the settlement price at which the open contracts on that date would pay holders the least. For Nov 27, 2026, max pain is $175.00.
SHOP Put/Call Ratio
Across every listed SHOP expiration, the put/call ratio is 1.84 by volume and 0.90 by open interest. More puts than calls are trading, a defensive tilt. 178,509 puts and 199,283 calls are open in total.
SHOP Implied Volatility
SHOP at-the-money implied volatility is 59.3% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 70.7%. Longer-dated volatility is priced at or above near-term volatility, the normal upward-sloping term structure.
SHOP Open Interest by Strike
Across all SHOP expirations, the largest call open interest near the current $168.18 sits at the $145.00 strike (49,540 contracts) and the largest put open interest at $150.00 (6,906). 199,283 calls and 178,509 puts are open in total.
SHOP Expected Move
The options market prices SHOP to move about $8.38 (5.0%) by Oct 30, 2026, a range of $159.81 to $176.56. For Nov 27, 2026 (32 days out) the expected move is $27.97 (16.6%).