SHOP · Expected Move

Shopify Inc. Class A subordinate voting shares

The expected move for SHOP is derived from at-the-money straddle pricing — the market's implied one-standard-deviation move through the next 30 days. Comparing it to realized moves reveals when options are pricing in too much (premium-selling regime) vs too little (premium-buying regime).

SHOP straddle price & implied vol

60 sessions

Bars: at-the-money straddle price (30-day and 7-day) — the market's priced move. Line: 30-day at-the-money implied volatility (right axis).

Current SHOP Expected Move
30-Day Straddle
$28.73
7-Day Straddle
$11.02
30-Day ATM IV
75.0%
IV Rank
89%
Implied one-standard-deviation move through the next 30 days. Compare to SHOP's realized move over the same window to gauge whether options are pricing in too much (premium-selling regime) or too little (premium-buying regime). The Expected Move Tracker ranks every symbol by this measure.
SHOP Straddle Price — Last 60 Days
Date30D Straddle7D StraddleATM IVIV Rank
20261016 $28.73 $11.02 75.0% 89%
20261015 $28.85 $11.18 71.1% 79%
20261014 $27.33 $11.03 69.7% 75%
20261013 $27.88 $11.70 68.1% 70%
20261012 $28.88 $8.20 69.5% 74%
20261009 $25.05 $8.55 66.1% 65%
20261008 $25.60 $9.27 68.5% 72%
20261007 $25.25 $10.00 67.4% 69%
20261006 $26.20 $10.75 66.7% 67%
20261005 $25.15 $7.35 63.7% 58%
20261002 $17.20 $7.55 56.1% 38%
20261001 $18.62 $8.40 57.7% 42%
20260930 $19.50 $9.93 57.6% 42%
20260929 $19.62 $10.72 57.0% 40%
20260928 $19.50 $7.55 56.9% 40%
20260925 $16.02 $8.05 52.9% 29%
20260924 $17.92 $9.95 55.0% 35%
20260923 $17.38 $10.28 52.4% 28%
20260922 $17.65 $10.55 51.4% 25%
20260921 $16.65 $7.08 51.4% 25%
20260918 $12.32 $5.97 43.8% 5%
20260917 $13.57 $6.74 45.6% 10%
20260916 $14.27 $8.25 48.2% 17%
20260915 $14.57 $8.72 48.3% 17%
20260914 $15.35 $6.33 47.9% 16%
20260911 $13.07 $6.40 46.2% 11%
20260910 $13.98 $7.55 48.8% 18%
20260909 $14.73 $8.52 50.7% 23%
20260908 $15.07 $8.78 48.4% 17%
20260904 $14.97 $8.32 47.1% 14%
20260903 $14.77 $7.90 45.5% 9%
20260902 $14.00 $7.45 43.4% 4%
20260901 $14.15 $8.05 43.9% 5%
20260831 $15.15 $5.88 43.6% 4%
20260828 $14.10 $7.17 42.1% 0%
20260827 $15.10 $8.15 43.2% 3%
20260826 $14.95 $8.40 43.7% 4%
20260825 $16.02 $9.40 44.3% 6%
20260824 $16.65 $6.50 46.9% 13%
20260821 $14.68 $6.92 44.2% 6%
20260820 $14.60 $7.80 43.8% 5%
20260819 $14.65 $8.15 43.1% 3%
20260818 $14.88 $8.80 43.6% 4%
20260817 $15.78 $5.92 44.2% 6%
20260814 $14.30 $6.90 42.1% 0%
20260813 $16.60 $8.55 46.6% 10%
20260812 $14.70 $7.85 42.8% 0%
20260811 $15.97 $9.32 45.5% 0%
20260810 $17.10 $6.50 46.7% 3%
20260807 — — 45.7% 0%
20260806 $18.48 $10.88 55.0% 7%
20260805 $17.95 $10.57 54.8% 6%
20260804 $22.77 $18.12 79.0% 100%
20260803 $19.73 $14.35 73.2% 81%
20260731 $19.85 $14.80 75.9% 91%
20260730 $20.83 $15.67 74.0% 84%
20260729 $21.90 $16.85 74.5% 86%
20260728 $22.38 $17.52 74.7% 87%
20260727 $22.35 $7.05 75.6% 90%
20260724 $18.90 $7.33 74.7% 87%

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.