PYPL Options History — June 2019

In June 2019, PYPL traded between $104.69 and $118.82. ATM implied volatility averaged 27.1%, placing in the 24.1% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded below realized volatility by 3.9% (HV 20d: 31.1%). Max pain ranged from $100.00 to $105.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.75.

Notable Days

  • 2019-06-03: Highest Volume — 54,501 contracts
  • 2019-06-04: Largest IV drop — 9.7% change
  • 2019-06-03: Highest IV Rank — 38.5%
  • 2019-06-03: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$114.20$104.69$118.82$104.69$114.00
Max Pain$102.00$100.00$105.00$100.00$105.00
ATM IV27.1%24.3%31.3%31.3%31.0%
Expected Move7.6%6.9%9.3%9.3%7.4%
HV 20d31.1%29.1%34.1%30.7%29.1%
HV 60d24.7%23.9%25.1%23.9%24.9%
IV Rank24.1%14.0%38.5%38.5%37.7%
IV Percentile43.7%25.4%68.3%68.3%66.3%
Term Structure1.3%-0.5%4.8%-0.4%-0.4%
VWIV26.8%24.6%31.7%31.7%25.7%
Skew 25d4.6%3.9%6.7%6.7%5.5%
Skew 10d9.7%7.9%12.3%11.6%9.8%
Call IV 25d25.2%21.7%29.8%28.6%29.1%
Put IV 25d29.8%25.6%35.3%35.3%34.5%
Bid-Ask Spread %10.844.2240.547.257.01
Gamma HHI0.110.070.210.070.09
Net GEX40.3M13.3M63.7M13.3M25.7M
Net DEX-1.22B-1.76B-427.9M-427.9M-837.8M
Net VEX-6.1M-6.4M-5.8M-6.4M-6.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.381.340.690.84
Total Volume28,656.516,94554,50154,50119,982
Total OI453,966.25380,961500,894442,424408,445

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-06-03$104.69$100.0031.3%9.3%30.7%38.5%31.7%6.7%-0.4%13.3M-427.9M-6.4M0.697.2532,17422,327226,946215,478
2019-06-04$108.40$100.0028.2%8.1%33.4%27.9%27.7%4.8%-0.0%22.0M-755.4M-6.4M0.464.2226,92912,267232,224223,724
2019-06-05$110.60$100.0026.8%7.6%33.2%22.7%27.0%4.6%0.2%36.0M-1.01B-6.3M0.744.4117,23912,776236,733225,366
2019-06-06$111.76$100.0025.9%7.9%33.1%19.7%28.1%4.5%0.2%44.1M-1.15B-6.3M0.807.4114,59911,633238,667227,404
2019-06-07$114.17$100.0025.9%7.6%33.9%19.8%28.0%4.4%0.2%50.9M-1.42B-6.3M0.4410.0827,13311,927241,176226,804
2019-06-10$115.72$100.0026.0%7.9%34.1%19.9%28.6%3.9%1.6%49.2M-1.47B-6.0M0.4210.3818,7967,878232,277220,523
2019-06-11$114.29$100.0025.6%7.7%32.2%18.8%27.7%4.3%1.4%45.6M-1.32B-6.1M0.6640.5422,07514,581234,869222,968
2019-06-12$114.24$100.0025.0%7.6%31.3%16.5%27.0%4.3%1.5%47.4M-1.34B-6.2M0.574.9416,5169,475243,167229,086
2019-06-13$115.30$100.0024.4%7.4%30.7%14.4%27.1%4.0%1.6%55.3M-1.47B-6.1M1.214.599,79511,813248,142231,925
2019-06-14$116.49$100.0024.3%7.4%30.2%14.0%26.8%3.9%2.4%52.6M-1.61B-6.1M0.5316.8216,2918,670248,856237,695
2019-06-17$117.17$100.0025.1%7.4%30.0%17.1%25.4%4.2%3.7%57.0M-1.62B-5.9M0.8410.6012,19310,185241,515234,620
2019-06-18$116.04$100.0025.7%7.4%30.2%19.0%27.1%4.5%3.6%51.7M-1.51B-5.9M1.189.4714,86317,547245,134239,525
2019-06-19$117.03$105.0025.1%7.2%30.3%16.8%25.1%4.5%3.0%55.1M-1.61B-6.0M0.919.538,8738,072248,872249,345
2019-06-20$118.82$105.0024.9%6.9%30.7%16.2%25.4%4.7%4.8%63.7M-1.76B-5.8M0.7424.4616,39112,125245,859251,293
2019-06-21$116.51$105.0026.6%7.3%29.5%22.3%24.6%4.4%3.4%26.7M-1.51B-6.0M0.3811.0533,19112,687246,186254,708
2019-06-24$116.42$105.0028.7%7.2%29.5%29.5%26.2%3.9%-0.2%32.0M-1.04B-5.9M0.516.4411,8946,075190,951190,010
2019-06-25$114.01$105.0031.0%7.7%30.3%37.7%27.5%4.1%-0.5%25.8M-818.6M-6.1M1.349.8210,50914,049194,957192,152
2019-06-26$114.59$105.0030.8%7.3%29.8%36.9%25.4%5.6%0.1%25.9M-872.0M-6.1M0.769.5411,9619,131198,502198,982
2019-06-27$113.72$105.0030.7%7.1%29.7%36.6%24.6%5.4%0.1%25.6M-803.9M-6.1M1.058.209,0469,462204,244199,995
2019-06-28$114.00$105.0031.0%7.4%29.1%37.7%25.7%5.5%-0.4%25.7M-837.8M-6.3M0.847.0110,8849,098206,485201,960