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Stock SymbolShopify Inc. (SHOP-T)
Source of InformationBerman's Call
T.V. Program Date2017-03-20

Play this through options? The longest option he can see is October. Looking at the current Strike Price, it is around $90Cdn. He prefers Writing options as opposed to buying them. Looking at a $74 option, almost 20% below the market, you could Write a Put today and take in about $2 to $3, meaning you could make a couple percent, waiting to buy this cheaper. He loves these kinds of strategies.

Price (as of program date)$92.000
Implied Signal
$ Goal
ExpertLarry Berman CFA, CMT, CTA
T.V. Program TopicSTOCKS & ETFs
Expert's BiasUNKNOWN
Own or RelationshipUnknown