Options Traders Target Shopify Stock Before Earnings

Shopify Inc (NYSE:SHOP) stock is on the rise today ahead of the company's third-quarter earnings report, due out before the open tomorrow, Nov 12. Analysts expect the Canada-based e-commerce name to post earnings of 27 cents per share and revenue of $2.11 billion. At last glance, SHOP was up 3.4% at $89.87. The shares earlier jumped above their February peak, hitting a fresh 52-week high. Looking at the past two years, SHOP has a history of outsized post-earnings moves, including a 17.8% pop this past Augus ...