PYPL Options History — May 2018

In May 2018, PYPL traded between $71.91 and $82.06. ATM implied volatility averaged 27.1%, placing in the 38.0% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded below realized volatility by 2.3% (HV 20d: 29.4%). Max pain ranged from $75.00 to $80.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.56.

Notable Days

  • 2018-05-21: Highest Volume — 110,195 contracts
  • 2018-05-02: Largest IV spike — 9.1% change
  • 2018-05-03: Highest IV Rank — 57.3%
  • 2018-05-02: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$78.30$71.91$82.06$74.55$82.06
Max Pain$75.50$75.00$80.00$80.00$77.50
ATM IV27.1%22.8%31.6%28.3%22.8%
Expected Move7.7%6.4%9.5%8.0%6.4%
HV 20d29.4%18.2%34.8%32.4%18.2%
HV 60d29.0%28.7%30.3%29.2%28.8%
IV Rank38.0%17.2%57.3%45.5%17.2%
IV Percentile52.2%19.8%78.6%60.7%19.8%
Term Structure-0.6%-1.3%0.7%-0.6%-0.8%
VWIV27.0%22.7%32.3%28.2%23.0%
Skew 25d2.0%1.1%3.3%2.5%1.8%
Skew 10d3.9%-2.2%8.3%5.8%4.2%
Call IV 25d26.4%22.1%30.7%27.2%22.1%
Put IV 25d28.3%23.9%33.5%29.7%24.0%
Bid-Ask Spread %9.154.1325.3710.684.92
Gamma HHI0.100.080.130.080.10
Net GEX33.5M-10.0M64.5M-3.5M54.6M
Net DEX-787.1M-1.29B183.2M-36.3M-1.14B
Net VEX-5.3M-5.7M-4.7M-4.7M-5.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.110.990.990.53
Total Volume49,449.77315,878110,19534,74944,692
Total OI535,834.227445,248588,458445,248524,556

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-05-01$74.55$80.0028.3%8.0%32.4%45.5%28.2%2.5%-0.6%-3.5M-36.3M-4.7M0.9910.6817,44017,309224,453220,795
2018-05-02$71.91$77.5030.9%9.5%34.8%55.1%32.3%3.2%-0.5%-10.0M183.2M-4.7M0.4025.3750,98420,192229,616224,421
2018-05-03$73.48$75.0031.6%8.6%34.2%57.3%30.0%2.8%-1.3%1.5M-16.8M-5.1M0.3114.4277,88424,388259,846232,375
2018-05-04$74.12$75.0030.7%8.2%31.4%54.3%29.1%3.3%-1.1%12.6M-215.7M-5.4M0.469.7340,72218,730288,476238,217
2018-05-07$74.67$75.0029.8%8.2%30.6%51.0%28.8%2.5%-1.0%15.0M-341.8M-5.7M0.689.0720,94714,207295,330237,664
2018-05-08$75.65$75.0029.4%8.2%30.4%49.4%29.4%2.3%-0.6%19.8M-490.9M-5.7M0.778.5217,30913,403299,030241,609
2018-05-09$76.53$75.0028.6%7.9%30.7%46.5%28.0%2.0%-1.0%25.7M-627.2M-5.7M0.957.1415,54814,709304,583244,987
2018-05-10$79.10$75.0027.7%7.7%32.5%43.1%26.8%1.5%-1.1%33.3M-977.6M-5.6M0.279.7052,64714,289306,014247,620
2018-05-11$79.03$75.0027.7%7.7%32.3%43.2%27.5%1.5%-1.0%31.2M-1.01B-5.7M0.987.6120,26719,956326,298250,883
2018-05-14$78.85$75.0027.0%7.6%32.2%40.3%27.0%1.8%-0.4%38.2M-941.0M-5.5M0.677.8612,9158,687320,407248,134
2018-05-15$77.59$75.0028.1%8.0%30.6%44.5%28.1%2.1%-0.5%31.7M-750.5M-5.6M0.549.7416,8929,065321,354250,684
2018-05-16$77.77$75.0027.5%7.9%30.6%42.3%27.7%2.0%-0.5%35.5M-783.8M-5.5M0.576.7210,1255,753325,648251,981
2018-05-17$79.09$75.0025.3%7.3%31.3%28.5%26.3%1.5%0.1%43.1M-997.8M-5.3M0.5310.3328,10914,928326,531252,726
2018-05-18$80.82$75.0026.4%7.6%31.7%32.9%26.7%1.4%-0.7%44.6M-1.29B-5.3M0.335.5743,21014,180332,651255,807
2018-05-21$81.01$75.0026.1%7.6%31.6%31.8%26.9%1.7%-0.2%43.9M-1.11B-5.2M0.114.4898,96911,226299,726202,784
2018-05-22$80.68$75.0025.9%7.6%27.5%31.0%26.9%1.6%-0.3%49.7M-1.14B-5.3M0.254.1344,90311,067321,126206,527
2018-05-23$80.90$75.0026.5%7.9%26.9%33.0%27.7%1.3%-0.4%50.1M-1.17B-5.3M0.295.4440,62511,601324,683210,098
2018-05-24$81.62$75.0024.7%6.7%25.6%25.4%23.0%1.1%0.7%64.5M-1.29B-5.1M0.4924.0846,83523,088332,481215,220
2018-05-25$81.01$75.0023.1%6.5%23.5%18.4%22.7%1.5%0.3%61.1M-1.15B-5.1M0.626.0637,51123,372331,478226,158
2018-05-29$80.65$75.0025.1%7.2%23.7%26.5%25.1%2.0%-0.9%43.6M-938.7M-5.1M0.634.6318,56911,777300,872213,568
2018-05-30$81.58$76.0023.3%6.5%23.7%19.3%23.1%1.7%-0.7%50.8M-1.07B-5.0M0.865.1815,54413,321303,641217,295
2018-05-31$82.06$77.5022.8%6.4%18.2%17.2%23.0%1.8%-0.8%54.6M-1.14B-5.0M0.534.9229,25115,441305,647218,909