SHOP Shopify
SHOP IV Rank — are Shopify's options cheap or expensive right now?
IV Rank
18
Cheap — favor buying premium
0 · cheap50100 · expensive
Current IV
89%
IV Percentile
80%
52-wk IV high
394%
52-wk IV low
21%
Where current IV sits in its 52-week range
21%394%
Shopify's options are currently cheap. With an IV Rank of 18, implied volatility sits near the low end of its 1-year range and richer than roughly 80% of the past year. Historically at this level, buying options (long calls/puts, calendars) can be more attractive, since low IV tends to expand.
Suggested play
Long call / calendar spread
🔒 Pro
Unusual flow + macro + IV alerts
See the full picture for SHOP →
Other technology names
Frequently asked
What does an IV Rank of 18 mean for SHOP?
It means Shopify's implied volatility is currently near the low end of its past-year range, so its options are relatively cheap.
Should I buy or sell SHOP options at this IV Rank?
Low IV Rank generally favors buying options (long calls/puts, calendars), since cheap volatility tends to expand.
IV Rank data is 15-minute delayed. Educational information, not investment advice.