SHOP251017P00060000 Option on Shopify Class A

SHOP Stock  USD 122.21  1.50  1.21%   
SHOP251017P00060000 is a PUT option contract on Shopify's common stock with a strick price of 60.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 85 days remaining before the expiration. The option is currently trading at a bid price of $0.08, and an ask price of $0.19. The implied volatility as of the 24th of July is 85.0.
When exercised, put options on Shopify produce a short position in Shopify Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Shopify's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Shopify Class A will have an average daily up or down price movement of about 0.0422% per day over the life of the option. With Shopify trading at USD 122.21, that is roughly USD 0.0516. If you think that the market is fully understating Shopify's daily price movement you should consider buying Shopify Class A options at that current volatility level of 0.68%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Shopify

An 'Out of The Money' option on Shopify has a strike price that Shopify Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Shopify's 'Out of The Money' options include buying the options if you expect a big move in Shopify's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Put Contract NameSHOP251017P00060000
Expires On2025-10-17
Days Before Expriration85
Vega0.014478
Gamma6.09E-4
Theoretical Value0.14
Open Interest1035
Strike Price60.0
Last Traded At0.14
Current Price Spread0.08 | 0.19
Rule 16 Daily Up or DownUSD 0.0516

Shopify short PUT Option Greeks

Shopify's Option Greeks for the contract ending on 2025-10-17 at a strike price of 60.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Shopify's option greeks, its implied volatility helps estimate the risk of Shopify stock implied by the prices of the options on Shopify's stock.
Delta-0.009039
Gamma6.09E-4
Theta-0.005543
Vega0.014478
Rho-0.002748

Shopify long PUT Option Payoff at expiration

Put options written on Shopify grant holders of the option the right to sell a specified amount of Shopify at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Shopify Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Shopify is like buying insurance aginst Shopify's downside shift.
   Profit   
       Shopify Price At Expiration  

Shopify short PUT Option Payoff at expiration

By selling Shopify's put option, the investors signal their bearish sentiment. A short position in a put option written on Shopify will generally make money when the underlying price is above the strike price. Therefore Shopify's put payoff at expiration depends on where the Shopify Stock price is relative to the put option strike price. The breakeven price of 59.86 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Shopify's price. Finally, at the strike price of 60.0, the payoff chart is constant and positive.
   Profit   
       Shopify Price At Expiration  
View All Shopify Options

Shopify Class A Available Put Options

Shopify's option chain is a display of a range of information that helps investors for ways to trade options on Shopify. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Shopify. It also shows strike prices and maturity days for a Shopify against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
 Put
SHOP251017P001900000190.066.7 - 69.3566.7In
 Put
SHOP251017P001850000185.061.65 - 63.361.65In
 Put
SHOP251017P001800000180.056.65 - 58.456.65In
 Put
SHOP251017P001750000175.052.75 - 53.3552.75In
 Put
SHOP251017P001700000170.047.95 - 48.5547.95In
 Put
SHOP251017P001650000165.042.65 - 43.8542.65In
 Put
SHOP251017P001600000160.038.8 - 39.4540.0In
 Put
SHOP251017P0015500013155.034.15 - 35.1534.05In
 Put
SHOP251017P001500006150.030.1 - 30.4531.15In
 Put
SHOP251017P0014500012145.026.05 - 26.3524.08In
 Put
SHOP251017P0014000087140.022.25 - 22.518.35In
 Put
SHOP251017P0013500098135.018.65 - 18.915.5In
 Put
SHOP251017P00130000361130.015.4 - 15.6514.55In
 Put
SHOP251017P00125000308125.012.5 - 12.7512.72In
 Put
SHOP251017P00120000623120.09.95 - 10.110.5Out
 Put
SHOP251017P001150001028115.07.75 - 7.97.98Out
 Put
SHOP251017P00110000588110.05.9 - 6.056.35Out
 Put
SHOP251017P00105000271105.04.4 - 4.54.78Out
 Put
SHOP251017P00100000862100.03.2 - 3.33.3Out
 Put
SHOP251017P0009500096095.02.24 - 2.362.35Out
 Put
SHOP251017P00090000725490.01.6 - 1.651.71Out
 Put
SHOP251017P0008500034385.01.09 - 1.131.2Out
 Put
SHOP251017P0008000028780.00.59 - 0.840.83Out
 Put
SHOP251017P0007500098675.00.46 - 0.580.53Out
 Put
SHOP251017P00070000194370.00.28 - 0.40.28Out
 Put
SHOP251017P0006500040565.00.14 - 0.270.23Out
 Put
SHOP251017P00060000103560.00.08 - 0.190.14Out
 Put
SHOP251017P0005500018855.00.0 - 0.20.05Out
 Put
SHOP251017P00050000579450.00.0 - 0.170.14Out
 Put
SHOP251017P000450001345.00.0 - 0.160.03Out
 Put
SHOP251017P0004000013540.00.0 - 0.140.04Out

Shopify Corporate Directors

Carrie GillardDirector RelationsProfile
Thomas EptingDirector NetworkProfile
Cynthia SaucierDirector UXProfile
Robert AsheLead Independent DirectorProfile

Additional Tools for Shopify Stock Analysis

When running Shopify's price analysis, check to measure Shopify's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shopify is operating at the current time. Most of Shopify's value examination focuses on studying past and present price action to predict the probability of Shopify's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shopify's price. Additionally, you may evaluate how the addition of Shopify to your portfolios can decrease your overall portfolio volatility.