PYPL Options History — November 2019

In November 2019, PYPL traded between $100.44 and $107.83. ATM implied volatility averaged 22.1%, placing in the 6.3% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded below realized volatility by 11.6% (HV 20d: 33.7%). Max pain ranged from $102.00 to $105.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.47.

Notable Days

  • 2019-11-12: Highest Volume — 67,920 contracts
  • 2019-11-06: Largest IV drop — 5.5% change
  • 2019-11-21: Highest IV Rank — 11.5%
  • 2019-11-05: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$103.42$100.44$107.83$104.66$107.77
Max Pain$104.70$102.00$105.00$102.00$105.00
ATM IV22.1%20.8%23.5%21.9%21.5%
Expected Move6.4%6.0%6.9%6.4%6.2%
HV 20d33.7%20.0%40.0%39.6%20.3%
HV 60d31.5%30.6%33.1%33.0%31.0%
IV Rank6.3%1.8%11.5%5.8%4.3%
IV Percentile9.4%1.2%22.6%7.1%6.7%
Term Structure0.1%-0.8%1.0%0.6%0.1%
VWIV22.6%21.0%24.1%22.7%22.8%
Skew 25d2.3%1.8%2.9%2.5%2.3%
Skew 10d4.6%3.3%5.7%4.9%4.7%
Call IV 25d21.2%19.9%22.9%20.7%20.7%
Put IV 25d23.5%21.9%25.3%23.2%23.0%
Bid-Ask Spread %3.583.015.013.544.37
Gamma HHI0.110.060.440.100.13
Net GEX29.3M-20.0M133.7M26.7M54.7M
Net DEX-246.8M-806.1M215.4M-352.9M-763.0M
Net VEX-6.1M-6.4M-5.9M-6.1M-6.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.220.840.740.39
Total Volume40,830.3518,68767,92019,91418,687
Total OI555,869.2511,737608,445532,915569,831

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-11-01$104.66$102.0021.9%6.4%39.6%5.8%22.7%2.5%0.6%26.7M-352.9M-6.1M0.743.5411,4698,445243,810289,105
2019-11-04$102.94$105.0022.6%6.6%40.0%7.9%23.5%2.6%0.7%-1.2M-86.5M-5.9M0.573.3917,51410,016228,386283,351
2019-11-05$101.23$105.0023.5%6.9%39.9%11.1%23.9%2.9%0.1%-14.9M126.1M-6.0M0.513.4432,14116,290235,842288,879
2019-11-06$100.44$105.0022.2%6.5%40.0%6.6%22.7%2.3%0.5%-18.7M215.4M-6.0M0.563.1314,7588,224252,940296,161
2019-11-07$100.56$105.0022.5%6.6%39.9%7.7%23.1%2.2%0.7%-20.0M173.6M-6.0M0.233.4852,73011,993253,843295,953
2019-11-08$101.23$105.0021.8%6.5%39.6%5.1%22.6%1.9%0.7%-10.0M11.5M-6.2M0.433.4929,42412,584285,376301,299
2019-11-11$102.51$105.0022.1%6.3%39.8%6.2%22.5%2.1%-0.1%22.0M-198.1M-6.2M0.333.1729,1859,773272,778297,352
2019-11-12$101.94$105.0022.1%6.6%39.3%6.4%22.5%2.2%0.8%19.9M-120.6M-6.2M0.555.0143,85624,064281,704302,648
2019-11-13$102.24$105.0022.3%6.6%39.3%7.0%22.6%2.1%1.0%32.2M-154.4M-6.3M0.433.1325,46010,885294,857313,588
2019-11-14$103.48$105.0021.8%6.3%39.5%5.4%22.4%2.3%-0.2%56.7M-400.6M-6.2M0.443.6225,45011,159292,366312,687
2019-11-15$103.97$105.0020.8%6.0%38.5%1.8%21.4%1.8%0.1%133.7M-503.9M-6.1M0.333.9633,59811,237289,238312,414
2019-11-18$103.52$105.0021.6%6.2%38.5%4.5%21.8%1.8%-0.5%31.5M-269.7M-6.0M0.243.3125,1976,155243,710271,069
2019-11-19$105.42$105.0022.3%6.4%35.6%7.2%22.3%2.4%-0.8%50.8M-556.2M-6.0M0.223.0146,80710,489249,629274,049
2019-11-20$103.86$105.0023.3%6.7%36.0%10.6%23.5%2.7%-0.2%33.6M-284.1M-6.1M0.503.4131,53215,784252,700276,862
2019-11-21$102.74$105.0023.5%6.8%21.6%11.5%24.1%2.5%-0.5%23.0M-125.1M-6.1M0.843.1016,62913,938255,475284,236
2019-11-22$101.56$105.0022.4%6.4%20.0%7.3%22.5%2.3%-0.3%5.7M54.3M-6.1M0.463.1533,66815,514261,476291,379
2019-11-25$104.26$104.0021.3%6.1%22.4%3.7%21.6%2.7%0.2%40.6M-304.1M-6.1M0.643.6217,93911,420255,398291,225
2019-11-26$106.26$104.0021.3%6.1%22.6%3.7%21.6%2.5%-0.3%57.2M-590.7M-6.3M0.474.6040,59218,908257,197296,147
2019-11-27$107.83$104.0020.9%6.0%22.4%2.2%21.0%2.5%0.2%62.6M-806.1M-6.2M0.583.6327,24815,845262,004300,420
2019-11-29$107.77$105.0021.5%6.2%20.3%4.3%22.8%2.3%0.1%54.7M-763.0M-6.4M0.394.3713,4075,280262,756307,075