SHOP
Shopify IncAs of 2026-10-30 15:59 ET, SHOP net GEX is -$983K per 1% move; SHOP call wall is $167.5; put wall is $150.
Pin this symbol with the PIN button to save it in this browser.
More SHOP options data
The price and the session change are a point-in-time snapshot taken at the time shown. The gamma levels run on a different clock: they are computed 2026-10-31 03:21 ET from the open interest carried on the option chain at that time and are not intraday values. Dealer positioning is an assumption, not an observable: open interest shows that a contract exists, never which side a dealer holds. How dealer gamma is computed.
As of 2026-10-31 03:21 ET, SquawkFlow published SHOP at $157.49 at the 4:00 PM ET close on 2026-10-30 (-5.63%), net dealer gamma of -$983K, a call wall at 167.5, a put wall at 150 and a zero-gamma flip at 167.5. The gamma figures are computed 2026-10-31 03:21 ET from the open interest carried on the option chain at that time; dealer positioning is an assumption, not an observable. Source: SquawkFlow, https://squawkflow.com/ticker/SHOP.
MARKET SNAPSHOT
| Call Wall | 167.5 |
| Put Wall | 150 |
| GEX Flip | 167.5 |
| Swing Line | 167.5 |
| Net GEX | -$983K |
Cached snapshot as of 2026-10-31 03:21 ET, live streaming data in the terminal.
SHOP DEALER GAMMA BY STRIKE
Part of the SquawkFlow GEX Calculator: gamma by strike for any US stock. Compare with SPX GEX.
Net gamma exposure at each strike near SHOP's spot price, signed from the dealer perspective, calls positive, puts negative. Green strikes are where hedging tends to dampen moves; red is where it tends to amplify them. Dealer positioning is an assumption rather than an observable, so treat these as a map of where hedging pressure concentrates, not a forecast.
Unit: USD of dealer gamma per 1 percent move in spot. A window of the SHOP option chain, not the whole book: the 30 strikes nearest spot out of 75 seen, 294 contract rows spanning 2 expirations. Gamma is taken as the chain publishes it per contract; nothing here is re-priced. Crossed with the open interest carried on that chain. These rows came from the last chain saved to disk, not from a fresh provider response, so the vintage is older than the calculation time.
New to these levels? Start with the call wall and put wall, or the zero gamma level where the sign of dealer hedging flips.
All captured expirations. Chain as of .
| Strike | Net GEX | Call GEX | Put GEX | Concentration |
|---|---|---|---|---|
| 180 | $234.1K | $255.7K | -$21.6K | |
| 177.5 | $54.9K | $62.8K | -$7.9K | |
| 175 | $36.2K | $151.7K | -$115.5K | |
| 172.5 | -$36.2K | $62.3K | -$98.5K | |
| 170 | -$16.5K | $269.2K | -$285.7K | |
| 167.5CALL WALLGEX FLIP | $102.6K | $295.5K | -$192.9K | |
| 165 | -$343.0K | $143.9K | -$486.9K | |
| 162.5 | -$19.8K | $40.7K | -$60.5K | |
| 160 | -$196.2K | $85.8K | -$282.1K | |
| 157.5SPOT | -$8.8K | $22.3K | -$31.1K | |
| 155 | -$42.4K | $63.2K | -$105.7K | |
| 152.5 | -$53.9K | $11.3K | -$65.2K | |
| 150PUT WALL | -$165.1K | $49.5K | -$214.6K | |
| 149 | -$16.5K | $7.6K | -$24.1K | |
| 148 | -$11.9K | $14.9K | -$26.9K | |
| 147 | -$63.8K | $4.7K | -$68.4K | |
| 146 | -$61.5K | $936 | -$62.5K | |
| 145 | -$101.5K | $16.2K | -$117.7K | |
| 144 | -$40.8K | $2.5K | -$43.4K | |
| 143 | -$27.4K | $4.7K | -$32.1K | |
| 142 | -$46.4K | $7.6K | -$54.0K | |
| 141 | -$6.1K | $824 | -$7.0K | |
| 140 | -$27.6K | $18.6K | -$46.2K | |
| 139 | -$5.1K | $1.0K | -$6.1K | |
| 138 | -$16.6K | $4.5K | -$21.2K | |
| 137 | -$15.9K | $1.9K | -$17.8K | |
| 136 | -$26.2K | $3.5K | -$29.6K | |
| 135 | -$43.0K | $4.6K | -$47.7K | |
| 134 | -$11.9K | $213 | -$12.1K | |
| 133 | -$6.3K | $822 | -$7.2K |
These levels were captured October 31, 2026 from the open interest carried on the option chain. New levels post before each market open. Today's SPX gamma levels.
COMMON QUESTIONS
- What was the last SHOP price on this page?
- SHOP close, Oct 30: $157.49 (-5.63%), as of 2026-10-31 03:21 ET.
- What are the SHOP call wall and put wall?
- As of 2026-10-31 03:21 ET, the SHOP call wall was at 167.5 and the put wall at 150, computed 2026-10-31 03:21 ET from the open interest carried on the option chain at that time.
- What is SHOP net dealer gamma?
- As of 2026-10-31 03:21 ET, net dealer gamma for SHOP was -$983K, Negative gamma. Dealer positioning is an assumption, not an observable.
- Where is the SHOP gamma flip?
- As of 2026-10-31 03:21 ET, the SHOP zero-gamma flip was at 167.5, computed 2026-10-31 03:21 ET from the open interest carried on the option chain at that time.
- How often do these SHOP figures change?
- The price is a snapshot taken at the time shown. The gamma levels come from open interest that settles once per trading day, and the page refreshes at most once an hour.
ABOUT SHOP
Shopify provides software for merchants to create online stores and manage payments, shipping, and inventory. It also offers enterprise commerce software and point-of-sale hardware for physical retail.
WHY TRACK SHOP ON SQUAWKFLOW
SHOP options activity is a direct proxy for e-commerce growth trends and SMB health. GMV growth rates and take rates drive large earnings swings. Holiday season positioning in SHOP flow signals consumer spending expectations.
SHOP IN 13F FILINGS
1 of the 8 managers in SquawkFlow's 13F cohort with a filing on record reported shares of SHOP (filed as Shopify Inc, class Common Stock) in their most recent Form 13F filing (newest: 2026-Q2, filed August 14, 2026). A 13F is filed up to 45 days after the quarter ends, so it is a dated snapshot, not a trade record.
- ARK Investment Management LLC reported 4,155,925 shares ($475M) at the end of 2026-Q2, filed August 14, 2026. 2026-Q2 filing
Form 13F reports long positions in 13(f) securities held on the last day of the quarter. It excludes short positions, cash, and assets outside 13(f) scope. An absent security is not evidence of a sale. Matched on the issuer name and share class as filed. The cohort is a named set of managers, not every 13F filer. All cohort managers
SHOP DATA ON SQUAWKFLOW
Options Flow
SHOP options flow, unusual activity, and volume concentrations from the session chain
Latest Snapshot
Last SHOP price, change, volume, and the current dealer-gamma regime
GEX Dashboard
SHOP gamma exposure levels, call/put walls, and GEX flip
AI Narration
AI-powered analysis of SHOP market microstructure in real time
News Sentiment
SHOP news with AI sentiment scoring and impact analysis
Sector Context
Technology sector rotation and relative strength vs peers
Track SHOP in the Terminal
Options flow, per-strike dealer gamma, key levels, and AI narration, free.
Open Terminal →LEARN MORE
A practical guide to reading dealer positioning data and understanding how market maker flows affect price action.
Sweeps vs Blocks in Options Trading: What is the Difference?Understanding the difference between sweep orders and block trades in options flow and why it matters.
What is Gamma Exposure (GEX)? A Complete GuideUnderstanding gamma exposure: how it is calculated, and how modelled dealer hedging is read as damping or amplifying moves.
Zero DTE (0DTE) Options Trading: Strategy and RiskEverything you need to know about trading zero days to expiration options, including strategies, risks, and why they dominate modern markets.