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Barchart
Barchart
Will Ashworth

Unusual Shopify Stock Options Activity Signals a Unique Trade for Income and Upside

Shopify SHOP Tobi Lütke Fish

Shopify (SHOP) reported Q1 2026 results on Tuesday morning before the markets opened. While it beat top and bottom-line estimates for the quarter, its shares fell by nearly 16% on the day due to concerns about slowing growth. The single-day drop doubled its year-to-date losses to 34.5%. 

As a Canadian, I’m delighted to see its success. Homegrown tech success stories don’t happen very often in Canada, and when they do, the good news doesn’t usually last. Think Nortel and BlackBerry (BB). 

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