• Kumar

$SHOP (Shopify) - Short for Earnings

We believe Shopify will drop due to bearish orders in options, growth slowing YoY, huge run up prior to earnings and chart looking weak for a breakout. We believe earnings will be "okay" though it will not be enough to drive the stock price up any higher.


We are currently short in $SHOP @ $135.69

Target $120-$125


211 views