PYPL Options History — April 2019

In April 2019, PYPL traded between $104.22 and $112.77. ATM implied volatility averaged 27.4%, placing in the 24.9% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 10.4% (HV 20d: 17.0%). Max pain ranged from $100.00 to $105.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.69.

Notable Days

  • 2019-04-30: Highest Volume — 71,812 contracts
  • 2019-04-25: Largest IV drop — 22.5% change
  • 2019-04-22: Highest IV Rank — 37.9%
  • 2019-04-22: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$107.59$104.22$112.77$105.53$112.38
Max Pain$102.62$100.00$105.00$100.00$105.00
ATM IV27.4%20.8%31.1%28.7%21.2%
Expected Move7.7%5.8%9.4%7.7%6.1%
HV 20d17.0%14.1%18.4%18.0%17.0%
HV 60d20.6%17.2%22.5%22.5%17.2%
IV Rank24.9%1.8%37.9%29.6%3.3%
IV Percentile39.1%0.8%64.3%46.0%2.0%
Term Structure-1.0%-2.4%0.2%-1.5%0.1%
VWIV27.2%21.4%33.4%27.8%21.4%
Skew 25d3.8%2.0%4.7%4.3%2.5%
Skew 10d7.5%4.9%9.4%8.4%4.9%
Call IV 25d25.7%19.3%28.7%26.7%20.0%
Put IV 25d29.6%22.4%33.0%31.0%22.5%
Bid-Ask Spread %4.722.7011.314.217.42
Gamma HHI0.130.100.220.120.11
Net GEX41.1M5.3M56.6M39.2M48.5M
Net DEX-1.18B-1.45B-795.3M-1.13B-1.26B
Net VEX-5.3M-5.6M-4.7M-4.7M-5.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.291.140.740.29
Total Volume37,370.61917,94071,81228,63071,812
Total OI420,620.905358,292463,629390,129412,139

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-04-01$105.53$100.0028.7%7.7%18.0%29.6%27.8%4.3%-1.5%39.2M-1.13B-4.7M0.744.2116,46712,163192,621197,508
2019-04-02$105.13$100.0029.1%7.6%18.3%30.9%27.6%4.6%-1.3%39.0M-1.10B-4.9M0.632.9715,4789,736198,216204,548
2019-04-03$104.76$100.0029.1%7.7%18.3%31.1%27.5%4.2%-1.0%39.1M-1.06B-5.1M0.753.0517,32813,033201,631208,957
2019-04-04$104.22$100.0029.8%7.8%18.4%33.5%27.3%4.4%-1.3%38.4M-997.5M-5.2M0.623.9924,48115,162204,159213,037
2019-04-05$105.67$100.0028.2%7.5%18.2%27.7%26.2%4.7%-1.5%42.2M-1.20B-5.1M0.563.9424,33613,619209,895215,977
2019-04-08$106.52$100.0028.3%7.8%17.4%28.0%26.3%4.5%-0.6%44.3M-1.22B-5.1M0.433.1623,2529,989206,722214,513
2019-04-09$106.91$100.0029.0%8.0%17.4%30.7%27.9%4.4%-1.0%49.0M-1.28B-5.2M0.592.7017,37110,180214,581217,639
2019-04-10$107.30$100.0028.9%8.0%16.3%30.1%28.4%4.4%-0.9%52.4M-1.33B-5.3M0.983.4910,58710,329219,898221,250
2019-04-11$106.20$100.0029.0%8.0%16.8%30.7%28.1%4.3%-1.5%45.2M-1.21B-5.4M1.033.4513,19613,534221,639225,779
2019-04-12$108.33$100.0027.5%7.4%17.5%25.4%27.2%4.4%-2.4%52.9M-1.45B-5.3M0.703.3619,11213,299224,970229,356
2019-04-15$107.88$105.0028.4%8.0%17.6%28.6%29.2%4.0%-0.1%47.4M-1.32B-5.3M0.703.8111,7748,253218,791223,539
2019-04-16$107.94$105.0027.9%7.9%17.6%26.8%29.3%3.9%-0.3%46.7M-1.32B-5.3M0.506.0917,0928,469222,202228,370
2019-04-17$108.74$105.0028.6%8.2%17.2%29.3%29.6%4.1%-1.2%53.9M-1.40B-5.3M0.782.9616,39212,809224,654233,492
2019-04-18$107.04$105.0030.9%9.0%17.6%37.4%31.1%3.9%-1.9%5.3M-1.22B-5.5M1.146.2427,75531,635225,873237,756
2019-04-22$106.87$105.0031.1%9.4%14.1%37.9%33.4%4.4%-1.2%20.6M-795.3M-5.5M0.983.689,0398,901174,696183,596
2019-04-23$106.72$105.0028.3%8.4%14.1%28.3%28.4%2.0%-0.9%21.8M-798.2M-5.5M0.3511.3136,10512,718178,808188,164
2019-04-24$107.59$105.0027.4%8.2%14.1%25.0%28.1%2.8%-1.3%31.5M-909.5M-5.6M0.846.8832,39227,064203,069195,204
2019-04-25$110.44$105.0021.2%6.0%16.4%3.3%21.7%2.9%-0.1%56.6M-1.22B-5.4M0.527.7134,72118,019216,080208,360
2019-04-26$110.41$105.0020.8%5.8%16.4%1.8%21.9%3.2%-1.0%43.0M-1.17B-5.3M1.064.6418,77219,882212,293207,771
2019-04-29$112.77$105.0021.0%6.2%17.5%2.6%22.2%2.9%0.2%45.5M-1.29B-5.3M0.354.0543,33615,191197,800197,486
2019-04-30$112.38$105.0021.2%6.1%17.0%3.3%21.4%2.5%0.1%48.5M-1.26B-5.4M0.297.4255,83715,975207,066205,073