On February 12, Eastern Time, Shopify options saw a total of 301858 contracts traded, with calls accounting for 60% and puts making up 39%.
Shopify has 677456 contracts outstanding, with calls accounting for 51% and puts making up 48%.
The top volume gainer was the 140 dollars Put option expiring on February 13, 2026, with 7234 contracts traded.
On the news front, Based on recent key news:

1. Feb 12, Shopify's shares declined due to continued poor sentiment on AI, despite strong growth fundamentals. Analysts noted that the 8% decline does not reflect the company's healthy growth metrics. Source: WSJ

2. Feb 11, Shopify's stock was affected by the &#34;AI will eat software&#34; narrative, causing a sell-off. However, the fundamentals remain strong, and the decline was driven by sentiment. Source: Benzinga

3. Feb 13, Multiple analysts lowered their price targets for Shopify, contributing to the stock's decline. Source: BenzingaE-commerce faces AI sentiment challenges.
Please note: The chart below does not include options expiring within five days.
<img src="https://assets.lbctrl.com/h5hub/optrank/images/2026-02-13/ST_US_SHOP_en.png" alt="image" original-src="https://assets.lbctrl.com/h5hub/optrank/images/2026-02-13/ST_US_SHOP_en.png"/>

SHOP

On February 12, Eastern Time, Shopify options saw a total of 301858 contracts traded, with calls accounting for 60% and puts making up 39%.

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