PYPL Options History — August 2019

In August 2019, PYPL traded between $102.62 and $110.97. ATM implied volatility averaged 27.4%, placing in the 24.9% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded below realized volatility by 3.8% (HV 20d: 31.2%). Max pain ranged from $110.00 to $115.00. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.71.

Notable Days

  • 2019-08-02: Highest Volume — 70,598 contracts
  • 2019-08-05: Largest IV spike — 17.1% change
  • 2019-08-05: Highest IV Rank — 40.1%
  • 2019-08-05: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$106.77$102.62$110.97$110.97$108.89
Max Pain$110.45$110.00$115.00$115.00$110.00
ATM IV27.4%24.2%31.7%25.0%25.4%
Expected Move7.8%6.9%8.6%7.4%7.1%
HV 20d31.2%23.3%36.1%23.3%29.0%
HV 60d27.0%25.0%28.4%25.5%25.0%
IV Rank24.9%13.7%40.1%16.7%18.0%
IV Percentile45.3%21.0%75.0%32.9%29.0%
Term Structure-0.1%-1.4%0.4%-0.3%0.3%
VWIV27.3%24.9%30.7%25.5%25.5%
Skew 25d4.8%3.3%6.1%3.3%4.8%
Skew 10d8.8%5.9%11.5%7.0%10.0%
Call IV 25d25.3%22.8%28.8%23.7%23.3%
Put IV 25d30.1%26.6%34.1%27.0%28.1%
Bid-Ask Spread %4.842.7613.655.143.17
Gamma HHI0.070.060.080.070.08
Net GEX7.6M-15.8M30.6M2.9M30.6M
Net DEX-125.9M-590.0M305.7M-256.0M-463.7M
Net VEX-6.7M-7.1M-6.3M-6.5M-6.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.361.210.810.63
Total Volume32,712.3648,76970,59851,17217,350
Total OI478,502.864445,060500,324464,648492,761

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-08-01$110.97$115.0025.0%7.4%23.3%16.7%25.5%3.3%-0.3%2.9M-256.0M-6.5M0.815.1428,23422,938237,295227,353
2019-08-02$106.83$115.0027.1%7.8%26.5%23.8%26.8%3.9%-0.3%-15.8M149.8M-6.4M0.724.9141,12429,474244,671231,793
2019-08-05$103.67$110.0031.7%8.6%27.9%40.1%30.7%5.3%0.1%-5.6M281.8M-6.4M0.864.6026,46922,805233,853223,325
2019-08-06$104.85$110.0029.0%8.0%27.9%30.6%28.3%5.9%-0.0%-5.7M178.6M-6.5M0.703.0121,34214,841237,476226,055
2019-08-07$106.95$110.0028.8%8.4%28.9%29.8%28.9%6.1%0.1%-737.1K-17.2M-6.9M0.964.9919,84319,120242,473232,090
2019-08-08$106.63$110.0026.4%7.8%28.5%21.4%25.8%5.1%0.1%-685.8K-18.9M-6.6M0.375.4216,6586,193250,774233,288
2019-08-09$105.42$110.0027.4%7.8%28.6%25.1%27.3%5.2%-0.2%-3.3M93.7M-6.6M0.755.9015,27911,392254,664233,329
2019-08-12$102.62$110.0029.5%8.1%28.9%32.3%28.7%5.4%-1.4%-5.2M305.7M-6.3M0.833.8517,49714,602244,135228,533
2019-08-13$106.13$110.0026.7%7.7%32.5%22.4%27.3%5.0%-0.0%1.2M-22.4M-6.7M0.534.3319,95510,498247,911230,806
2019-08-14$103.13$110.0030.7%8.5%33.5%36.6%30.5%5.3%-1.1%-3.4M234.6M-6.6M1.2113.6519,38223,526252,494232,896
2019-08-15$105.39$110.0029.3%8.3%34.7%31.7%28.4%5.4%-0.2%2.3M-2.8M-6.8M0.574.5724,62513,923256,844234,531
2019-08-16$106.13$110.0026.9%7.7%35.1%23.2%26.1%5.1%0.4%4.6M-83.1M-6.8M0.368.6521,2317,724261,008239,316
2019-08-19$107.67$110.0025.0%7.2%35.8%16.6%25.5%3.7%0.3%9.2M-287.1M-6.6M0.484.4621,82710,492220,870224,190
2019-08-20$107.59$110.0025.4%7.3%35.3%18.0%25.8%3.8%-0.1%13.3M-299.5M-6.7M0.453.2429,33413,180230,687227,776
2019-08-21$109.76$110.0024.2%6.9%36.1%13.7%24.9%3.8%-0.0%24.3M-590.0M-7.0M0.533.8421,25311,259244,630235,959
2019-08-22$108.85$110.0025.3%7.2%32.5%17.5%25.3%3.9%0.0%17.4M-459.3M-7.0M1.083.7314,20815,356248,668237,896
2019-08-23$106.21$110.0028.9%8.3%33.4%30.2%28.7%5.3%0.1%15.1M-148.8M-7.1M0.845.5016,13413,503250,813243,904
2019-08-26$107.23$110.0028.2%8.1%31.9%28.0%28.3%4.9%0.2%18.1M-288.8M-7.0M0.602.765,4913,278240,615234,692
2019-08-27$107.50$110.0028.3%8.1%31.8%28.2%28.2%5.0%-0.1%20.4M-314.3M-7.0M0.784.1410,2387,989244,277237,065
2019-08-28$107.47$110.0027.7%7.9%31.6%26.0%27.7%4.8%0.2%19.1M-296.2M-7.0M0.793.2310,3478,176245,634240,212
2019-08-29$109.12$110.0025.4%7.2%32.2%17.8%25.4%4.4%0.3%29.3M-465.6M-6.9M0.823.4411,8339,749247,360242,141
2019-08-30$108.89$110.0025.4%7.1%29.0%18.0%25.5%4.8%0.3%30.6M-463.7M-6.9M0.633.1710,6366,714249,410243,351