PYPL Options History — October 2021

In October 2021, PYPL traded between $232.53 and $271.26. ATM implied volatility averaged 33.9%, placing in the 33.9% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded below realized volatility by 0.5% (HV 20d: 34.5%). Max pain ranged from $257.50 to $280.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.55.

Notable Days

  • 2021-10-21: Highest Volume — 531,007 contracts
  • 2021-10-20: Largest IV spike — 19.9% change
  • 2021-10-21: Highest IV Rank — 47.2%
  • 2021-10-29: Largest Expected Move — 11.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$254.73$232.53$271.26$264.89$232.53
Max Pain$272.14$257.50$280.00$270.00$257.50
ATM IV33.9%28.9%38.3%30.8%36.5%
Expected Move9.7%7.9%11.5%7.9%11.5%
HV 20d34.5%28.5%42.1%28.5%41.2%
HV 60d29.6%27.3%32.7%27.3%31.4%
IV Rank33.9%18.6%47.2%24.4%41.7%
IV Percentile40.2%23.4%63.5%26.6%53.6%
Term Structure-1.0%-2.1%2.0%2.0%-1.0%
VWIV34.3%28.0%41.4%28.0%41.4%
Skew 25d3.3%0.3%7.4%6.4%0.4%
Skew 10d7.0%0.6%14.8%13.8%0.6%
Call IV 25d33.1%28.0%39.5%28.0%37.7%
Put IV 25d36.5%31.3%42.0%34.4%38.1%
Bid-Ask Spread %10.822.9418.382.944.34
Gamma HHI0.080.050.270.070.27
Net GEX-41.7M-163.6M37.0M-53.8M-163.6M
Net DEX480.5M-1.41B2.35B-35.2M2.35B
Net VEX-25.4M-32.3M-22.2M-23.6M-32.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.280.810.670.49
Total Volume149,219.28637,874531,00755,109208,073
Total OI795,022.857626,2001,135,995694,2961,135,995

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-10-01$264.89$270.0030.8%7.9%28.5%24.4%28.0%6.4%2.0%-53.8M-35.2M-23.6M0.672.9433,08122,028326,034368,262
2021-10-04$254.71$280.0036.6%10.3%30.2%42.1%35.3%7.4%-1.2%-57.6M892.9M-22.7M0.7112.2431,89522,653310,073357,869
2021-10-05$261.14$280.0034.8%9.6%31.6%36.6%33.9%6.4%-0.8%-44.5M222.2M-23.1M0.7414.5328,55221,114319,531361,667
2021-10-06$263.26$280.0035.0%9.8%30.6%37.2%33.9%6.0%-0.6%-24.7M-67.4M-23.4M0.6316.1323,23614,638327,603367,086
2021-10-07$263.86$280.0033.2%9.2%30.2%31.7%31.7%5.3%-1.2%-21.6M-167.8M-23.4M0.616.8736,15622,058333,497378,021
2021-10-08$260.62$280.0032.5%9.0%30.2%29.6%31.3%5.2%-0.9%-54.7M375.5M-22.8M0.8115.6427,93422,613334,254381,213
2021-10-11$255.77$280.0033.6%9.1%30.4%32.8%32.1%5.0%-1.5%-72.1M908.1M-22.2M0.7814.9734,54626,958323,634374,831
2021-10-12$255.46$280.0033.2%9.1%30.2%31.7%32.7%5.6%-1.0%-78.5M949.6M-22.4M0.7218.3822,64016,221333,948382,405
2021-10-13$256.12$270.0032.9%8.9%30.1%30.8%30.4%4.5%-1.8%-85.1M857.2M-22.6M0.6616.4827,22317,952343,321389,602
2021-10-14$266.51$270.0030.3%8.4%34.0%22.8%30.1%3.0%-1.2%14.2M-681.3M-23.2M0.5811.2763,72137,156347,361388,434
2021-10-15$268.31$280.0028.9%8.2%33.5%18.6%29.1%2.9%-0.6%32.9M-879.3M-23.4M0.5713.2244,39525,226357,099394,437
2021-10-18$269.72$280.0029.9%8.5%31.4%21.8%30.3%3.0%-0.8%15.5M-1.19B-23.6M0.5312.8133,45717,779288,832337,368
2021-10-19$271.26$280.0029.6%8.4%31.3%20.7%30.1%2.3%-0.6%27.9M-1.41B-23.8M0.375.9143,18715,816294,756343,706
2021-10-20$258.68$277.5035.5%10.2%35.3%38.5%35.7%1.6%-1.9%-24.1M-131.7M-23.8M0.4417.68290,969127,610311,959349,570
2021-10-21$243.23$270.0038.3%11.1%39.8%47.2%39.6%0.3%-2.1%-60.3M1.56B-25.2M0.434.90371,334159,673388,476403,073
2021-10-22$240.38$260.0037.3%10.9%39.8%44.0%38.9%0.9%-1.9%-97.5M1.79B-29.1M0.485.76195,02493,793510,837478,099
2021-10-25$248.36$260.0034.9%10.4%42.1%36.8%37.5%1.5%-1.2%37.0M-66.8M-30.7M0.287.97217,13861,674488,353461,107
2021-10-26$242.90$260.0036.0%10.7%40.4%40.3%38.5%0.9%-0.9%-5.9M858.4M-30.6M0.414.91138,98856,665510,238472,368
2021-10-27$234.98$260.0036.5%11.1%41.6%41.8%40.4%1.0%-1.1%-92.9M2.19B-29.6M0.4015.59177,31971,128535,042496,468
2021-10-28$236.60$260.0036.2%11.2%41.7%40.8%40.1%0.8%-0.9%-65.3M1.76B-32.0M0.324.76175,70456,278567,775521,276
2021-10-29$232.53$257.5036.5%11.5%41.2%41.7%41.4%0.4%-1.0%-163.6M2.35B-32.3M0.494.34139,93668,137602,624533,371