PYPL Options History — June 2018

In June 2018, PYPL traded between $81.30 and $86.17. ATM implied volatility averaged 25.9%, placing in the 27.6% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 7.8% (HV 20d: 18.1%). Max pain ranged from $77.50 to $82.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.57.

Notable Days

2018-06-07: Highest Volume — 55,599 contracts
2018-06-25: Largest IV spike — 16.4% change
2018-06-28: Highest IV Rank — 62.5%
2018-06-25: Largest Expected Move — 8.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$84.34	$81.30	$86.17	$83.20	$83.33
Max Pain	$80.24	$77.50	$82.50	$77.50	$82.50
ATM IV	25.9%	21.4%	34.3%	21.6%	32.9%
Expected Move	7.3%	6.0%	8.7%	6.0%	7.3%
HV 20d	18.1%	14.1%	22.4%	17.5%	22.2%
HV 60d	27.4%	25.1%	29.3%	28.9%	25.8%
IV Rank	27.6%	10.7%	62.5%	12.6%	56.4%
IV Percentile	39.3%	7.9%	88.1%	8.7%	83.3%
Term Structure	2.0%	-0.7%	6.5%	-0.7%	-0.1%
VWIV	25.7%	21.4%	30.2%	21.4%	26.0%
Skew 25d	2.3%	1.6%	5.5%	1.7%	3.1%
Skew 10d	5.2%	2.8%	10.7%	3.8%	10.7%
Call IV 25d	25.4%	20.6%	34.9%	21.2%	31.9%
Put IV 25d	27.7%	22.2%	37.9%	22.9%	35.0%
Bid-Ask Spread %	9.61	3.69	46.05	4.86	21.66
Gamma HHI	0.15	0.08	0.57	0.12	0.09
Net GEX	43.2M	15.9M	104.5M	54.2M	27.0M
Net DEX	-1.15B	-1.59B	-536.3M	-1.32B	-793.5M
Net VEX	-4.7M	-5.1M	-4.4M	-4.8M	-5.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.57	0.32	1.03	0.57	0.95
Total Volume	36,643.619	19,502	55,599	36,145	28,031
Total OI	487,618.619	391,225	563,620	530,073	464,373

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2018-06-01	$83.20	$77.50	21.6%	6.0%	17.5%	12.6%	21.4%	1.7%	-0.7%	54.2M	-1.32B	-4.8M	0.57	4.86	23,022	13,123	310,134	219,939
2018-06-04	$84.73	$77.50	21.4%	6.6%	18.0%	11.4%	23.6%	1.6%	0.4%	52.8M	-1.44B	-4.6M	0.66	4.51	21,594	14,154	298,260	215,218
2018-06-05	$85.02	$80.00	21.9%	7.1%	18.1%	13.8%	25.0%	1.6%	0.5%	54.3M	-1.49B	-4.5M	0.35	4.23	32,920	11,518	302,797	218,528
2018-06-06	$85.16	$80.00	21.6%	7.0%	18.0%	12.6%	25.2%	1.7%	0.4%	54.9M	-1.50B	-4.6M	0.39	10.21	30,265	11,826	306,782	221,949
2018-06-07	$83.48	$80.00	23.2%	7.4%	20.0%	19.0%	26.1%	1.7%	0.4%	49.5M	-1.23B	-4.8M	0.39	6.46	40,073	15,526	306,495	225,341
2018-06-08	$84.37	$80.00	23.0%	7.4%	17.1%	18.2%	26.3%	1.6%	0.5%	58.7M	-1.39B	-4.7M	0.67	5.31	20,339	13,655	317,574	230,489
2018-06-11	$84.10	$80.00	23.0%	7.2%	17.2%	14.2%	25.5%	1.7%	2.2%	52.7M	-1.31B	-4.6M	0.71	3.69	11,432	8,070	312,106	228,847
2018-06-12	$85.24	$80.00	22.5%	6.9%	17.5%	12.0%	24.3%	1.7%	1.3%	58.7M	-1.48B	-4.5M	0.32	4.52	36,606	11,604	313,845	232,061
2018-06-13	$85.37	$80.00	22.3%	6.9%	15.8%	10.9%	24.7%	1.7%	1.9%	61.2M	-1.53B	-4.6M	0.53	46.05	19,771	10,506	323,442	233,543
2018-06-14	$85.73	$80.00	22.2%	6.6%	15.8%	10.7%	23.2%	1.6%	0.8%	66.6M	-1.59B	-4.6M	0.34	4.26	23,748	8,065	327,993	235,627
2018-06-15	$85.26	$80.00	22.3%	6.6%	15.6%	10.9%	23.3%	1.7%	1.0%	104.5M	-1.53B	-4.5M	0.51	9.36	19,262	9,749	324,354	237,138
2018-06-18	$85.77	$80.00	23.8%	6.9%	14.1%	17.4%	24.5%	2.3%	6.5%	28.5M	-1.02B	-4.4M	0.89	5.11	13,424	11,940	223,146	168,079
2018-06-19	$84.45	$80.00	25.4%	7.3%	15.5%	24.1%	25.6%	2.2%	6.0%	26.0M	-884.0M	-4.6M	1.03	3.91	13,542	13,954	228,308	172,928
2018-06-20	$86.17	$80.00	27.0%	7.7%	16.6%	31.2%	27.2%	2.1%	3.6%	28.4M	-1.06B	-4.6M	0.33	5.03	33,109	10,963	231,582	179,141
2018-06-21	$85.90	$80.00	29.5%	8.3%	16.8%	41.8%	28.7%	3.1%	3.8%	28.8M	-1.03B	-4.8M	0.43	12.56	30,153	13,025	242,624	184,660
2018-06-22	$85.34	$80.00	28.0%	7.5%	16.9%	35.4%	26.3%	2.2%	4.4%	28.2M	-989.8M	-4.7M	0.46	8.70	22,568	10,314	247,467	186,204
2018-06-25	$82.24	$80.00	32.6%	8.7%	21.8%	55.1%	30.2%	5.5%	2.7%	18.7M	-641.9M	-4.9M	0.50	16.84	35,326	17,666	242,337	181,622
2018-06-26	$82.39	$82.50	33.5%	7.7%	21.7%	59.0%	26.1%	3.3%	-0.5%	19.0M	-649.2M	-4.9M	0.37	10.61	25,555	9,413	249,578	191,084
2018-06-27	$81.30	$82.50	31.4%	8.1%	21.9%	50.2%	28.0%	2.9%	6.3%	15.9M	-536.3M	-4.9M	0.62	5.25	19,933	12,347	254,315	193,239
2018-06-28	$82.53	$82.50	34.3%	7.7%	22.4%	62.5%	27.6%	2.8%	-0.3%	19.4M	-673.3M	-5.1M	1.03	8.76	20,438	20,987	258,635	198,207
2018-06-29	$83.33	$82.50	32.9%	7.3%	22.2%	56.4%	26.0%	3.1%	-0.1%	27.0M	-793.5M	-5.0M	0.95	21.66	14,397	13,634	262,784	201,589