PYPL Options History — June 2021

In June 2021, PYPL traded between $258.22 and $293.36. ATM implied volatility averaged 28.2%, placing in the 8.5% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 5.3% (HV 20d: 22.9%). Max pain ranged from $250.00 to $260.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.51.

Notable Days

  • 2021-06-18: Highest Volume — 154,558 contracts
  • 2021-06-18: Largest IV spike — 12.4% change
  • 2021-06-30: Highest IV Rank — 30.0%
  • 2021-06-18: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$275.85$258.22$293.36$259.85$292.01
Max Pain$259.09$250.00$260.00$250.00$260.00
ATM IV28.2%24.8%34.1%29.4%34.1%
Expected Move7.8%7.2%8.6%8.3%7.2%
HV 20d22.9%19.6%31.2%31.2%20.9%
HV 60d28.2%26.5%34.0%34.0%26.5%
IV Rank8.5%0.0%30.0%7.3%30.0%
IV Percentile3.4%0.0%16.7%1.2%16.7%
Term Structure1.4%-1.1%6.5%-0.4%-1.1%
VWIV28.1%26.6%30.5%29.9%26.7%
Skew 25d2.4%1.3%3.9%3.9%2.2%
Skew 10d6.3%3.4%9.9%9.9%5.3%
Call IV 25d27.7%24.0%33.2%28.2%33.2%
Put IV 25d30.1%26.0%35.4%32.1%35.4%
Bid-Ask Spread %5.351.8913.992.062.04
Gamma HHI0.090.060.180.060.10
Net GEX77.8M18.5M134.2M29.7M97.1M
Net DEX-3.02B-4.67B-1.34B-1.56B-3.79B
Net VEX-21.3M-22.1M-20.7M-21.8M-21.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.240.820.520.62
Total Volume62,406.27330,040154,55850,18637,584
Total OI658,688.227567,114726,013662,632611,448

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-06-01$259.85$250.0029.4%8.3%31.2%7.3%29.9%3.9%-0.4%29.7M-1.56B-21.8M0.522.0633,03917,147300,032362,600
2021-06-02$262.57$250.0028.9%8.1%27.6%5.8%28.9%3.1%-0.4%63.8M-1.96B-22.0M0.352.0242,57015,088309,193369,101
2021-06-03$258.22$260.0029.9%8.5%28.4%9.4%30.1%3.9%-0.4%18.5M-1.34B-22.1M0.516.1224,69712,628311,575372,542
2021-06-04$263.07$260.0027.9%8.1%28.9%2.3%28.9%3.3%-0.5%45.9M-2.02B-21.7M0.4710.6127,09512,711315,748376,211
2021-06-07$260.94$260.0027.2%7.9%28.7%0.0%28.3%2.5%0.5%27.9M-1.69B-21.5M0.5612.3219,21210,828306,286366,545
2021-06-08$263.45$260.0028.1%8.1%24.9%3.2%28.9%2.3%0.2%47.0M-2.05B-21.6M0.462.8829,38313,606311,407370,128
2021-06-09$263.95$260.0027.0%8.1%24.5%0.0%28.2%2.6%1.2%56.1M-2.07B-21.6M0.342.1950,26217,269317,428374,594
2021-06-10$268.66$260.0026.7%7.7%21.1%0.0%28.6%2.9%0.3%98.6M-2.76B-21.4M0.645.1552,16133,176322,719380,677
2021-06-11$270.82$260.0024.8%7.2%21.1%0.0%26.6%2.0%0.5%131.5M-3.18B-21.4M0.474.1047,93222,506330,294389,762
2021-06-14$273.94$260.0026.4%7.6%20.7%5.2%27.4%3.0%0.1%90.2M-3.34B-20.7M0.616.9530,33718,426314,290377,251
2021-06-15$271.93$260.0026.4%7.6%20.5%5.2%27.0%3.1%0.2%83.2M-3.01B-21.0M0.444.8029,12812,864317,358382,184
2021-06-16$269.74$260.0026.6%7.6%21.0%6.0%28.1%2.4%0.2%73.8M-2.81B-21.1M0.5313.6929,83815,698324,216385,443
2021-06-17$278.62$260.0026.5%7.6%22.7%5.5%27.8%2.7%0.5%118.8M-4.02B-20.8M0.613.5050,91030,855325,615387,834
2021-06-18$284.20$260.0029.8%8.6%20.7%16.1%30.5%2.3%-0.3%38.8M-4.67B-21.1M0.3613.99113,50941,049325,656400,357
2021-06-21$282.84$260.0027.3%7.8%20.6%8.2%28.4%1.5%6.1%68.5M-3.04B-21.4M0.552.2246,25325,235258,981308,133
2021-06-22$286.89$260.0027.4%7.8%19.6%8.4%28.1%1.3%5.8%96.9M-3.55B-20.7M0.242.3454,81013,322269,282314,237
2021-06-23$288.13$260.0026.4%7.5%19.6%5.2%27.5%1.4%6.1%118.8M-3.73B-20.9M0.416.2644,66318,287279,168316,780
2021-06-24$293.36$260.0027.8%7.5%20.0%9.6%27.0%1.4%6.5%134.2M-4.30B-20.9M0.404.6580,52332,603283,183319,902
2021-06-25$289.15$260.0028.1%7.3%20.6%10.7%27.7%1.4%6.5%73.8M-3.70B-21.2M0.825.5438,51431,482285,752332,243
2021-06-28$293.25$260.0031.5%7.4%20.8%21.7%26.9%2.0%-0.7%97.0M-3.86B-20.8M0.471.8930,84514,402272,141314,944
2021-06-29$293.12$260.0032.8%7.3%20.6%26.1%26.6%2.1%-0.8%101.1M-3.88B-20.9M0.732.4229,13521,356277,818320,083
2021-06-30$292.01$260.0034.1%7.2%20.9%30.0%26.7%2.2%-1.1%97.1M-3.79B-21.4M0.622.0423,20214,382285,965325,483