PYPL Options History — February 2019

In February 2019, PYPL traded between $89.90 and $98.06. ATM implied volatility averaged 24.1%, placing in the 10.3% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded below realized volatility by 3.1% (HV 20d: 27.2%). Max pain ranged from $87.50 to $92.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.62.

Notable Days

  • 2019-02-01: Highest Volume — 63,190 contracts
  • 2019-02-07: Largest IV spike — 8.9% change
  • 2019-02-11: Highest IV Rank — 18.3%
  • 2019-02-07: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$94.17$89.90$98.06$89.90$98.06
Max Pain$90.13$87.50$92.50$87.50$92.50
ATM IV24.1%22.4%26.3%24.3%22.7%
Expected Move6.8%6.1%7.6%7.0%6.4%
HV 20d27.2%23.4%30.8%30.8%23.4%
HV 60d36.0%31.9%39.6%39.4%31.9%
IV Rank10.3%4.0%18.3%10.8%5.0%
IV Percentile18.3%8.3%33.3%18.3%10.7%
Term Structure0.2%-0.4%1.1%0.2%0.1%
VWIV24.7%22.4%26.9%24.7%22.7%
Skew 25d3.5%3.2%3.8%3.6%3.6%
Skew 10d7.1%6.4%8.1%7.5%7.0%
Call IV 25d22.7%20.8%25.1%22.7%21.0%
Put IV 25d26.2%24.3%28.5%26.3%24.6%
Bid-Ask Spread %3.142.544.243.282.64
Gamma HHI0.160.080.740.120.14
Net GEX53.7M27.2M219.2M40.7M50.7M
Net DEX-695.5M-930.6M-440.4M-440.4M-854.9M
Net VEX-4.6M-4.9M-4.5M-4.5M-4.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.341.530.940.50
Total Volume37,199.89524,16863,19063,19031,987
Total OI400,338.474332,218455,069452,244388,979

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-02-01$89.90$87.5024.3%7.0%30.8%10.8%24.7%3.6%0.2%40.7M-440.4M-4.5M0.943.2832,55330,637267,548184,696
2019-02-04$91.56$90.0024.0%6.8%28.0%9.8%24.5%3.5%-0.4%41.2M-599.8M-4.5M0.413.1232,01313,258231,824169,834
2019-02-05$92.27$90.0023.0%6.6%27.9%6.1%23.6%3.4%-0.2%46.8M-669.0M-4.5M0.632.8516,04710,159234,826174,353
2019-02-06$92.19$90.0023.7%6.8%27.6%8.9%25.6%3.3%0.2%45.7M-644.7M-4.5M0.823.3013,27410,894234,375175,816
2019-02-07$90.90$90.0025.9%7.6%27.8%16.6%26.6%3.6%0.9%33.5M-487.6M-4.5M0.683.1823,41215,953236,200179,988
2019-02-08$91.38$90.0025.4%7.3%27.6%15.0%26.9%3.6%0.0%44.6M-558.2M-4.6M0.842.9718,62515,729244,410185,996
2019-02-11$92.28$90.0026.3%7.5%27.8%18.3%26.9%3.4%-0.2%39.1M-633.1M-4.6M0.393.2226,45310,199234,740183,602
2019-02-12$94.42$90.0024.7%7.1%28.8%12.4%25.8%3.5%0.3%57.1M-881.3M-4.5M0.522.7128,94715,109236,887186,834
2019-02-13$94.35$90.0024.3%7.0%28.6%11.0%24.9%3.8%1.1%59.4M-873.1M-4.5M0.412.8428,32011,628242,730189,983
2019-02-14$94.76$90.0024.9%7.1%28.1%13.0%25.9%3.5%0.3%60.1M-897.2M-4.6M0.492.7328,40113,975245,290193,069
2019-02-15$94.94$90.0024.6%7.0%28.0%12.0%24.4%3.6%0.9%219.2M-930.6M-4.7M0.392.5421,5798,432255,490199,579
2019-02-19$95.19$90.0025.0%7.1%28.0%13.5%25.6%3.4%0.1%27.2M-575.7M-4.6M0.512.9718,3449,419172,905159,313
2019-02-20$94.63$90.0024.6%7.0%27.4%12.2%25.6%3.5%0.7%27.8M-538.3M-4.6M0.633.5028,13417,723178,938164,619
2019-02-21$94.98$90.0024.3%6.8%27.3%11.1%22.8%3.3%0.2%35.2M-587.3M-4.8M0.343.9530,44510,394188,024171,255
2019-02-22$95.88$90.0023.1%6.3%26.8%6.6%22.4%3.4%-0.1%51.3M-708.2M-4.9M0.533.2023,12712,277200,825174,477
2019-02-25$96.76$90.0022.6%6.2%25.8%4.6%22.6%3.2%0.0%44.6M-743.1M-4.7M0.443.5730,65413,409193,933167,999
2019-02-26$96.76$90.0022.4%6.1%24.2%4.0%23.9%3.2%-0.2%43.0M-732.6M-4.8M1.534.249,87515,151200,587173,820
2019-02-27$97.94$92.5022.4%6.3%23.9%4.2%23.0%3.5%-0.0%53.0M-858.7M-4.8M0.782.8017,01113,251201,970180,717
2019-02-28$98.06$92.5022.7%6.4%23.4%5.0%22.7%3.6%0.1%50.7M-854.9M-4.8M0.502.6421,33510,652203,908185,071