PYPL Options History — May 2019

In May 2019, PYPL traded between $106.74 and $113.72. ATM implied volatility averaged 24.4%, placing in the 14.4% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 0.2% (HV 20d: 24.2%). Max pain ranged from $95.00 to $105.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.65.

Notable Days

2019-05-14: Highest Volume — 35,383 contracts
2019-05-07: Largest IV spike — 19.3% change
2019-05-31: Highest IV Rank — 26.9%
2019-05-31: Largest Expected Move — 8.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$110.70	$106.74	$113.72	$111.31	$109.95
Max Pain	$98.86	$95.00	$105.00	$105.00	$100.00
ATM IV	24.4%	20.4%	27.9%	21.2%	27.9%
Expected Move	7.0%	5.7%	8.1%	5.8%	8.1%
HV 20d	24.2%	17.4%	27.1%	17.4%	26.9%
HV 60d	19.9%	17.1%	21.7%	17.1%	21.4%
IV Rank	14.4%	0.2%	26.9%	3.2%	26.9%
IV Percentile	28.1%	0.4%	48.4%	2.0%	48.4%
Term Structure	0.1%	-0.6%	0.8%	-0.0%	-0.6%
VWIV	24.7%	20.3%	28.3%	20.3%	28.3%
Skew 25d	4.3%	2.5%	5.1%	2.5%	5.1%
Skew 10d	8.7%	6.2%	11.3%	6.7%	10.1%
Call IV 25d	22.5%	19.2%	25.8%	19.7%	25.8%
Put IV 25d	26.8%	21.9%	30.9%	22.2%	30.9%
Bid-Ask Spread %	6.11	3.18	11.16	9.77	4.03
Gamma HHI	0.11	0.08	0.20	0.10	0.09
Net GEX	39.4M	21.4M	88.4M	46.6M	29.8M
Net DEX	-1.05B	-1.44B	-687.1M	-1.16B	-896.0M
Net VEX	-6.1M	-6.4M	-5.4M	-5.4M	-6.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.65	0.32	0.93	0.80	0.77
Total Volume	28,691.409	18,190	35,383	29,510	18,278
Total OI	443,871.636	402,180	472,666	422,505	456,092

Daily Data (22 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
2019-05-01	$111.31	$105.00	21.2%	5.8%	17.4%	3.2%	20.3%	2.5%	-0.0%	46.6M	-1.16B	-5.4M	0.80	9.77	16,352	13,158	212,340	210,165
2019-05-02	$109.45	$105.00	21.4%	6.4%	18.6%	3.8%	22.2%	3.3%	0.1%	34.4M	-931.9M	-5.7M	0.78	7.21	18,384	14,276	216,234	215,689
2019-05-03	$111.97	$105.00	20.4%	5.7%	19.8%	0.2%	20.5%	2.7%	0.6%	88.4M	-1.28B	-5.7M	0.68	5.60	17,410	11,891	224,862	217,158
2019-05-06	$110.81	$95.00	22.2%	6.6%	20.0%	6.8%	23.2%	3.7%	0.2%	42.8M	-1.11B	-5.9M	0.57	5.23	14,828	8,517	218,207	213,962
2019-05-07	$108.24	$95.00	26.5%	7.4%	21.9%	21.9%	26.5%	4.8%	0.1%	27.0M	-819.2M	-6.3M	0.86	11.16	13,690	11,815	222,785	217,229
2019-05-08	$109.51	$95.00	25.0%	7.1%	22.2%	16.6%	26.1%	4.7%	-0.2%	36.3M	-965.2M	-6.2M	0.84	8.82	15,243	12,807	225,466	216,947
2019-05-09	$109.94	$95.00	25.6%	7.4%	22.2%	18.6%	27.1%	4.6%	0.4%	39.9M	-1.03B	-6.3M	0.93	8.36	17,577	16,355	231,906	222,671
2019-05-10	$110.18	$95.00	23.4%	6.9%	21.8%	11.0%	24.3%	4.5%	0.3%	43.1M	-1.08B	-6.2M	0.41	8.21	19,044	7,842	237,195	227,444
2019-05-13	$106.74	$95.00	27.2%	8.0%	23.7%	24.3%	26.6%	5.0%	0.7%	21.4M	-687.1M	-6.3M	0.82	6.15	13,360	10,939	230,881	221,945
2019-05-14	$109.34	$97.50	25.1%	7.1%	25.2%	16.8%	24.1%	4.8%	-0.1%	39.0M	-994.4M	-6.1M	0.76	5.49	20,126	15,257	237,306	226,014
2019-05-15	$111.47	$97.50	23.5%	7.0%	26.1%	11.4%	24.5%	4.2%	0.8%	51.2M	-1.23B	-6.1M	0.84	4.31	16,643	14,031	237,341	230,402
2019-05-16	$113.72	$97.50	22.1%	6.3%	26.8%	6.3%	23.1%	4.0%	-0.0%	58.0M	-1.44B	-5.9M	0.49	6.73	23,485	11,615	237,797	233,980
2019-05-17	$112.86	$97.50	23.3%	6.6%	26.3%	10.5%	24.4%	4.2%	-0.6%	33.2M	-1.33B	-6.1M	0.65	7.49	20,839	13,536	236,290	236,376
2019-05-20	$112.40	$100.00	24.7%	7.1%	26.3%	15.4%	24.8%	4.8%	0.3%	28.9M	-1.07B	-6.1M	0.32	6.52	24,468	7,773	197,615	204,565
2019-05-21	$112.41	$100.00	23.0%	6.6%	26.3%	9.6%	23.3%	4.2%	0.6%	37.6M	-1.14B	-6.0M	0.58	3.18	11,536	6,654	209,464	207,050
2019-05-22	$112.72	$100.00	22.6%	6.5%	26.2%	8.2%	21.1%	4.2%	0.5%	42.1M	-1.18B	-6.0M	0.32	4.47	26,397	8,404	213,075	210,171
2019-05-23	$109.42	$100.00	26.8%	7.7%	27.0%	22.8%	27.6%	5.0%	0.2%	28.2M	-832.0M	-6.4M	0.78	5.26	18,836	14,654	223,957	211,923
2019-05-24	$109.95	$100.00	24.8%	7.1%	27.0%	15.7%	25.5%	4.3%	0.3%	34.7M	-889.4M	-6.4M	0.56	3.89	17,789	10,031	228,092	217,035
2019-05-28	$111.54	$100.00	26.1%	7.4%	26.4%	20.3%	25.8%	4.7%	-0.3%	37.2M	-1.05B	-6.4M	0.37	5.46	21,589	8,032	223,792	213,207
2019-05-29	$110.01	$100.00	27.4%	7.9%	26.8%	24.9%	27.3%	4.8%	-0.4%	28.6M	-877.4M	-6.4M	0.50	3.64	16,981	8,457	223,960	216,806
2019-05-30	$111.53	$100.00	26.2%	7.5%	27.1%	20.8%	26.1%	4.6%	-0.6%	38.9M	-1.07B	-6.3M	0.61	3.54	13,868	8,444	231,069	218,711
2019-05-31	$109.95	$100.00	27.9%	8.1%	26.9%	26.9%	28.3%	5.1%	-0.6%	29.8M	-896.0M	-6.4M	0.77	4.03	10,340	7,938	234,163	221,929