PYPL Options History — April 2022

In April 2022, PYPL traded between $82.56 and $121.51. ATM implied volatility averaged 60.8%, placing in the 85.1% IV rank vs the trailing year. The 30-day expected move averaged 17.5%. IV traded above realized volatility by 10.2% (HV 20d: 50.7%). Max pain ranged from $105.00 to $110.00. Net GEX was positive for 5 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.85.

Notable Days

2022-04-28: Highest Volume — 355,571 contracts
2022-04-28: Largest IV drop — 31.4% change
2022-04-20: Highest IV Rank — 100.0%
2022-04-27: Largest Expected Move — 26.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$101.48	$82.56	$121.51	$115.52	$89.37
Max Pain	$105.75	$105.00	$110.00	$105.00	$105.00
ATM IV	60.8%	42.8%	83.4%	42.8%	59.8%
Expected Move	17.5%	13.6%	26.4%	13.7%	17.6%
HV 20d	50.7%	41.2%	65.8%	50.8%	65.8%
HV 60d	75.6%	57.4%	80.3%	75.5%	57.4%
IV Rank	85.1%	52.5%	100.0%	52.5%	61.1%
IV Percentile	96.5%	79.0%	100.0%	79.0%	97.2%
Term Structure	-1.9%	-5.3%	7.3%	7.3%	-1.7%
VWIV	61.7%	47.3%	91.2%	47.9%	62.0%
Skew 25d	7.5%	5.3%	11.6%	5.6%	7.7%
Skew 10d	13.5%	8.0%	18.7%	8.0%	14.4%
Call IV 25d	58.1%	38.4%	78.8%	38.4%	58.1%
Put IV 25d	65.6%	43.9%	90.4%	43.9%	65.8%
Bid-Ask Spread %	3.39	2.06	6.13	2.84	3.74
Gamma HHI	0.06	0.04	0.08	0.06	0.04
Net GEX	-4.6M	-23.4M	38.4M	15.6M	-5.5M
Net DEX	2.71B	739.0M	3.65B	1.62B	3.23B
Net VEX	-21.8M	-27.0M	-16.7M	-25.8M	-19.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.85	0.50	1.30	0.74	0.67
Total Volume	149,406.5	79,694	355,571	113,502	173,844
Total OI	1,703,895.4	1,526,531	1,867,033	1,758,030	1,867,033

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-04-01	$115.52	$105.00	42.8%	13.7%	50.8%	52.5%	47.9%	5.6%	7.3%	15.6M	1.62B	-25.8M	0.74	2.84	65,192	48,310	1,013,142	744,888
2022-04-04	$121.51	$105.00	46.1%	13.6%	46.6%	61.2%	47.3%	5.6%	-0.6%	38.4M	739.0M	-27.0M	0.53	2.06	99,411	52,721	983,966	720,767
2022-04-05	$117.54	$105.00	50.9%	13.9%	49.4%	73.9%	49.6%	5.6%	-2.0%	24.5M	1.41B	-26.2M	0.50	3.92	74,162	36,803	995,295	727,937
2022-04-06	$112.72	$105.00	55.9%	15.1%	50.4%	87.0%	53.0%	8.1%	-2.1%	4.2M	2.09B	-25.6M	0.84	6.13	98,738	82,820	1,002,889	732,165
2022-04-07	$113.87	$105.00	55.8%	14.9%	49.6%	86.6%	54.3%	7.8%	-2.3%	8.0M	1.91B	-25.8M	0.89	4.80	61,376	54,368	1,007,955	739,797
2022-04-08	$111.70	$105.00	54.8%	15.1%	49.9%	84.1%	53.3%	7.2%	-2.2%	-5.8M	2.23B	-25.3M	0.88	4.02	50,433	44,556	1,011,829	753,057
2022-04-11	$110.13	$110.00	56.9%	15.8%	50.4%	89.6%	55.2%	6.9%	-1.0%	-3.4M	2.35B	-24.5M	0.97	4.79	41,787	40,381	978,122	733,977
2022-04-12	$108.44	$110.00	57.3%	15.7%	50.1%	90.5%	56.4%	7.2%	-1.9%	-10.4M	2.57B	-23.8M	0.77	2.58	45,145	34,549	983,029	738,444
2022-04-13	$105.39	$110.00	56.1%	15.6%	45.7%	87.4%	55.0%	7.6%	-1.5%	-19.2M	2.90B	-22.6M	1.17	3.60	81,574	95,661	986,803	738,020
2022-04-14	$102.53	$105.00	56.3%	15.5%	43.6%	88.1%	55.4%	7.5%	-2.8%	-23.4M	3.21B	-21.7M	1.30	2.70	43,180	56,174	1,008,072	762,774
2022-04-18	$100.01	$105.00	58.9%	16.7%	41.2%	94.8%	58.9%	7.2%	-1.4%	-16.4M	3.10B	-20.4M	1.02	2.12	50,435	51,322	846,996	679,535
2022-04-19	$103.52	$105.00	57.4%	16.3%	43.7%	91.0%	57.9%	5.3%	-2.1%	-11.3M	2.67B	-21.9M	0.58	2.81	81,122	46,922	859,211	684,674
2022-04-20	$95.35	$105.00	65.0%	18.6%	49.8%	100.0%	64.2%	6.3%	-3.5%	-17.0M	3.35B	-19.4M	0.67	2.42	105,401	70,223	893,177	699,979
2022-04-21	$89.23	$105.00	73.6%	21.3%	53.6%	100.0%	74.5%	9.1%	-3.8%	-14.3M	3.56B	-17.8M	0.96	2.40	111,465	107,487	922,082	708,955
2022-04-22	$86.53	$105.00	75.6%	22.0%	53.5%	100.0%	76.8%	8.9%	-3.5%	-18.6M	3.65B	-17.4M	1.03	3.46	69,685	71,829	948,576	737,769
2022-04-25	$87.42	$105.00	74.8%	22.4%	54.0%	98.4%	77.4%	8.9%	-2.8%	-12.4M	3.40B	-17.8M	0.68	3.81	62,911	42,971	913,584	725,118
2022-04-26	$84.34	$105.00	78.2%	23.7%	52.5%	100.0%	82.9%	9.7%	-3.7%	-11.5M	3.47B	-17.2M	1.04	3.20	51,347	53,217	940,307	735,738
2022-04-27	$82.56	$105.00	83.4%	26.4%	47.6%	100.0%	91.2%	11.6%	-5.3%	-11.8M	3.53B	-16.7M	1.03	2.88	135,494	139,543	958,256	758,951
2022-04-28	$91.96	$105.00	57.2%	17.1%	65.6%	56.8%	60.9%	6.0%	-1.5%	-1.8M	3.11B	-19.4M	0.70	3.44	208,688	146,883	1,017,416	817,623
2022-04-29	$89.37	$105.00	59.8%	17.6%	65.8%	61.1%	62.0%	7.7%	-1.7%	-5.5M	3.23B	-19.0M	0.67	3.74	104,346	69,498	1,047,723	819,310