This is a news alert about $SHOP. I get the gist of it (someone's buying calls because they think it will go up bigly) but why would someone buy calls @ $85 when it's already @ $127?
"SHOP May 85 calls are seeing interest with the underlying stock up 7% (volume: 40.0K, open int: 40.5K, implied vol: \~74%, prev day implied vol: 61%). 40K traded in a single transaction. Co is expected to report earnings mid-May."