PYPL Options History — August 2022

In August 2022, PYPL traded between $88.27 and $102.33. ATM implied volatility averaged 46.8%, placing in the 39.5% IV rank vs the trailing year. The 30-day expected move averaged 13.5%. IV traded below realized volatility by 11.4% (HV 20d: 58.1%). Max pain ranged from $77.00 to $90.00. Net GEX was positive for 18 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 1.37.

Notable Days

2022-08-03: Highest Volume — 461,997 contracts
2022-08-03: Largest IV drop — 27.3% change
2022-08-02: Highest IV Rank — 70.8%
2022-08-02: Largest Expected Move — 21.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$95.93	$88.27	$102.33	$88.27	$94.03
Max Pain	$86.80	$77.00	$90.00	$77.00	$90.00
ATM IV	46.8%	41.4%	65.7%	63.9%	48.7%
Expected Move	13.5%	11.9%	21.7%	20.9%	13.7%
HV 20d	58.1%	34.4%	66.9%	61.4%	34.4%
HV 60d	58.4%	56.2%	61.4%	61.4%	56.4%
IV Rank	39.5%	30.7%	70.8%	67.8%	41.5%
IV Percentile	51.6%	36.9%	87.3%	84.9%	56.0%
Term Structure	-0.2%	-3.3%	1.4%	-3.3%	0.3%
VWIV	48.2%	42.2%	76.7%	73.7%	48.9%
Skew 25d	4.1%	3.0%	5.8%	5.8%	4.1%
Skew 10d	8.0%	6.1%	12.2%	12.2%	8.1%
Call IV 25d	45.2%	40.1%	63.0%	60.5%	47.3%
Put IV 25d	49.3%	43.6%	68.2%	66.3%	51.4%
Bid-Ask Spread %	1.99	1.31	3.48	2.76	1.65
Gamma HHI	0.06	0.03	0.09	0.07	0.04
Net GEX	19.8M	-8.7M	56.6M	24.4M	1.8M
Net DEX	-1.17B	-2.48B	270.3M	-605.3M	-82.5M
Net VEX	-18.9M	-19.5M	-18.3M	-18.4M	-18.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.37	0.55	3.33	1.05	3.04
Total Volume	139,163.174	61,771	461,997	108,130	189,897
Total OI	1,589,540.739	1,397,698	1,739,351	1,497,270	1,495,586

Daily Data (23 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
2022-08-01	$88.27	$77.00	63.9%	20.9%	61.4%	67.8%	73.7%	5.8%	-3.3%	24.4M	-605.3M	-18.4M	1.05	2.76	52,630	55,500	877,106	620,164
2022-08-02	$89.50	$77.00	65.7%	21.7%	60.4%	70.8%	76.7%	5.3%	-3.0%	26.0M	-815.3M	-19.1M	0.86	3.38	145,682	125,595	892,699	640,734
2022-08-03	$97.93	$77.50	47.8%	14.0%	66.3%	41.2%	50.2%	3.0%	-1.3%	56.6M	-2.27B	-18.9M	0.95	2.15	237,335	224,662	944,705	702,126
2022-08-04	$96.75	$85.00	46.9%	13.1%	66.9%	39.7%	46.2%	4.1%	-0.8%	38.7M	-1.88B	-19.1M	1.03	1.57	104,527	107,973	963,831	740,922
2022-08-05	$95.39	$85.00	44.1%	12.5%	66.6%	35.1%	44.9%	4.6%	-1.0%	29.5M	-1.60B	-18.9M	1.24	2.31	72,816	90,458	970,928	768,423
2022-08-08	$96.40	$85.00	44.7%	12.6%	63.7%	36.2%	44.9%	3.8%	-0.5%	31.0M	-1.61B	-18.8M	0.78	2.00	70,415	55,070	911,887	682,075
2022-08-09	$94.92	$85.00	45.0%	12.8%	64.6%	36.6%	45.2%	4.3%	-0.2%	25.7M	-1.35B	-18.6M	1.49	1.57	36,850	54,803	922,037	698,954
2022-08-10	$98.77	$85.00	42.8%	12.2%	65.0%	32.9%	43.2%	4.0%	-0.3%	34.0M	-1.99B	-18.9M	1.79	1.76	62,920	112,642	930,362	722,857
2022-08-11	$98.84	$85.00	43.1%	12.3%	63.3%	33.5%	44.9%	4.2%	-0.0%	36.8M	-1.98B	-19.1M	0.77	1.58	74,540	57,409	934,916	733,134
2022-08-12	$100.94	$87.50	41.4%	12.0%	61.8%	30.7%	42.7%	3.5%	0.9%	33.6M	-2.39B	-19.3M	0.86	1.73	52,080	44,910	946,976	744,838
2022-08-15	$101.89	$87.50	42.3%	12.2%	61.7%	32.2%	43.0%	4.0%	0.1%	30.0M	-2.38B	-19.3M	0.55	1.57	63,044	34,688	923,438	722,603
2022-08-16	$102.33	$90.00	42.2%	12.1%	60.3%	32.0%	42.3%	3.1%	0.2%	35.0M	-2.48B	-19.4M	0.63	1.65	53,421	33,693	949,736	735,878
2022-08-17	$99.35	$90.00	42.3%	12.1%	62.0%	32.1%	43.1%	3.6%	1.1%	28.6M	-2.01B	-19.3M	2.98	2.60	39,002	116,226	958,477	743,906
2022-08-18	$100.08	$90.00	41.8%	11.9%	61.7%	31.3%	42.2%	3.4%	1.2%	30.8M	-2.09B	-19.5M	1.19	1.31	42,861	51,065	959,930	754,116
2022-08-19	$96.45	$90.00	43.5%	12.3%	63.3%	34.1%	44.3%	3.7%	1.4%	8.6M	-1.48B	-18.8M	1.54	1.59	38,395	59,223	963,451	760,772
2022-08-22	$93.38	$90.00	47.7%	13.6%	64.9%	41.0%	48.3%	4.7%	-0.2%	1.4M	23.2M	-18.3M	1.46	2.11	45,468	66,187	795,870	601,828
2022-08-23	$93.26	$90.00	46.8%	13.3%	60.2%	39.5%	47.0%	5.0%	-0.1%	-4.6M	107.7M	-18.6M	1.06	1.49	35,824	37,946	810,846	637,768
2022-08-24	$94.09	$90.00	45.8%	13.0%	44.2%	37.9%	46.7%	4.3%	0.3%	-775.5K	-32.8M	-18.8M	3.33	1.57	32,210	107,404	823,328	645,314
2022-08-25	$96.37	$90.00	44.8%	12.5%	44.4%	36.3%	44.3%	3.7%	0.2%	9.2M	-421.3M	-19.0M	1.48	1.93	40,112	59,361	834,550	649,536
2022-08-26	$92.92	$90.00	47.7%	13.5%	46.8%	41.1%	47.8%	4.0%	-0.0%	-8.7M	91.9M	-18.9M	1.16	1.97	40,773	47,170	847,421	664,103
2022-08-29	$92.99	$90.00	48.2%	13.7%	46.5%	41.9%	50.2%	4.8%	0.0%	-3.7M	123.7M	-18.5M	1.12	1.98	29,176	32,595	818,826	637,108
2022-08-30	$91.65	$90.00	48.9%	13.8%	46.7%	41.9%	49.2%	4.5%	0.3%	-8.0M	270.3M	-18.3M	1.18	3.48	30,433	35,762	827,840	647,532
2022-08-31	$94.03	$90.00	48.7%	13.7%	34.4%	41.5%	48.9%	4.1%	0.3%	1.8M	-82.5M	-18.9M	3.04	1.65	46,950	142,947	838,936	656,650