Technology
SHOP
Shopify Inc.
High premium potential with Shopify (SHOP) covered calls and cash secured puts. Volatile e-commerce stock for aggressive income.
Monthly Premium3.0-5.0%
Annualized Return36-60%
Stock Price$95-120
IV RankHigh (55-75)
Options LiquidityVery Good
Dividend Yield0%
Why SHOP for Covered Calls & Cash Secured Puts?
SHOP offers excellent premium due to high volatility and e-commerce sector interest. Dominant position in SMB e-commerce with growing enterprise presence.
Example Covered Call Trade
SHOPCovered Call
Strike Price$120 (12% OTM)
Expiration30 days
Premium$4.50 per share
Return If Flat4.2% ($450)
Return If Called16.2% ($1,750)
Keep Probability65% keep shares
Recommended Strategy for SHOP
For aggressive traders. Sell calls 10-15% OTM weekly or monthly. Be prepared for large moves.
Risks to Consider
- High volatility
- E-commerce growth normalization
- Competition from Amazon
- No dividend
- Valuation concerns
Analyze SHOP Covered Calls Now
Use our free calculator to find the optimal strike price for your goals
Open Calculator