PYPL Options History — January 2019

In January 2019, PYPL traded between $82.62 and $94.24. ATM implied volatility averaged 36.6%, placing in the 55.7% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded below realized volatility by 0.2% (HV 20d: 36.8%). Max pain ranged from $80.00 to $87.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.57.

Notable Days

  • 2019-01-31: Highest Volume — 92,083 contracts
  • 2019-01-31: Largest IV drop — 25.8% change
  • 2019-01-03: Highest IV Rank — 87.4%
  • 2019-01-03: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$89.76$82.62$94.24$85.61$88.27
Max Pain$80.60$80.00$87.50$80.00$87.50
ATM IV36.6%25.5%45.2%41.9%25.5%
Expected Move10.6%7.4%12.1%10.5%7.4%
HV 20d36.8%26.0%43.0%40.9%33.3%
HV 60d42.6%38.0%47.3%46.4%39.3%
IV Rank55.7%15.2%87.4%75.2%15.2%
IV Percentile79.5%23.0%98.8%96.0%23.0%
Term Structure-1.3%-2.5%0.4%-0.8%0.4%
VWIV37.3%26.1%41.7%40.0%26.1%
Skew 25d5.3%3.8%7.6%7.2%3.8%
Skew 10d11.6%7.7%19.6%18.3%7.7%
Call IV 25d34.2%23.9%41.9%38.9%23.9%
Put IV 25d39.6%27.7%49.5%46.0%27.7%
Bid-Ask Spread %4.382.5412.283.433.60
Gamma HHI0.120.070.230.090.07
Net GEX55.7M14.9M94.4M39.1M14.9M
Net DEX-969.7M-1.52B-241.6M-747.7M-241.6M
Net VEX-4.6M-4.9M-4.2M-4.9M-4.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.341.190.770.62
Total Volume44,412.09512,56692,08340,86392,083
Total OI518,053.143336,717638,553568,035437,056

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-01-02$85.61$80.0041.9%10.5%40.9%75.2%40.0%7.2%-0.8%39.1M-747.7M-4.9M0.773.4323,07017,793329,012239,023
2019-01-03$82.62$80.0045.2%12.1%40.2%87.4%41.7%7.6%-1.5%19.7M-348.8M-4.8M1.016.5215,26315,428327,776246,335
2019-01-04$86.12$80.0040.8%11.2%43.0%71.3%39.2%5.5%-1.1%44.8M-799.5M-4.8M0.4712.2830,34114,284335,629247,061
2019-01-07$87.15$80.0041.0%11.0%42.8%71.8%39.9%6.3%-2.4%51.1M-918.7M-4.7M1.198.505,7436,823336,162241,090
2019-01-08$88.40$80.0040.1%11.0%41.8%68.7%38.1%6.0%-1.3%60.6M-1.09B-4.7M0.493.6925,92212,743339,844247,467
2019-01-09$89.62$80.0039.7%10.8%41.4%67.2%38.2%5.1%-1.8%71.4M-1.29B-4.8M0.383.5633,73312,947346,297252,054
2019-01-10$90.60$80.0038.8%10.9%41.5%63.7%37.6%6.2%-0.9%81.5M-1.43B-4.7M0.538.8331,93616,914348,083255,806
2019-01-11$90.51$80.0037.3%10.5%41.3%58.4%36.0%5.6%-0.8%80.2M-1.41B-4.6M0.432.9528,04911,933346,489263,934
2019-01-14$90.49$80.0037.5%10.6%41.3%59.0%37.6%5.1%-2.2%78.6M-1.33B-4.4M0.442.8222,6089,947336,367259,164
2019-01-15$91.69$80.0035.2%10.0%40.8%50.7%35.7%5.1%-1.3%91.1M-1.52B-4.3M0.353.5547,57816,890339,357263,413
2019-01-16$90.53$80.0034.8%10.0%39.4%49.4%34.9%4.8%-1.3%85.4M-1.34B-4.4M0.582.5428,21616,282354,700272,517
2019-01-17$90.31$80.0034.0%9.8%38.2%46.3%34.8%4.2%-1.4%94.4M-1.31B-4.4M0.354.0931,68410,998356,714274,835
2019-01-18$90.93$80.0032.7%9.5%37.1%41.7%33.6%4.0%-1.5%78.8M-1.49B-4.3M0.483.2236,37517,447361,331277,222
2019-01-22$89.60$80.0036.1%11.0%36.6%54.1%36.8%5.8%-2.5%28.4M-527.9M-4.2M0.343.4235,86112,368194,664142,053
2019-01-23$90.45$80.0035.1%10.7%31.3%50.5%39.1%5.1%-1.3%38.7M-621.4M-4.4M0.513.2322,85311,559219,213148,603
2019-01-24$92.08$80.0034.8%10.8%30.7%49.2%37.1%4.9%-1.2%47.1M-784.3M-4.4M0.502.7329,12714,613218,566153,078
2019-01-25$94.24$80.0033.4%10.6%26.0%44.3%35.8%4.6%-1.8%44.3M-1.03B-4.5M0.403.3442,65817,221228,127161,665
2019-01-28$92.10$80.0035.1%11.6%27.7%50.3%39.8%5.1%-0.8%38.5M-713.3M-4.6M0.802.7010,2698,227222,150152,753
2019-01-29$91.08$82.5034.6%11.6%28.1%48.7%39.6%5.2%-1.0%38.1M-632.4M-4.8M0.793.1612,80910,178236,262161,499
2019-01-30$92.61$82.5034.3%11.8%28.4%47.5%41.4%5.2%-1.4%43.3M-781.4M-4.8M0.603.8944,97426,907239,187166,558
2019-01-31$88.27$87.5025.5%7.4%33.3%15.2%26.1%3.8%0.4%14.9M-241.6M-4.3M0.623.6056,80835,275256,680180,376