PYPL Options History — November 2022

In November 2022, PYPL traded between $75.24 and $91.12. ATM implied volatility averaged 49.9%, placing in the 33.4% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded below realized volatility by 5.2% (HV 20d: 55.2%). Max pain ranged from $85.00 to $90.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 1.21.

Notable Days

2022-11-03: Highest Volume — 326,663 contracts
2022-11-04: Largest IV drop — 32.2% change
2022-11-03: Highest IV Rank — 71.4%
2022-11-02: Largest Expected Move — 23.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$82.18	$75.24	$91.12	$83.34	$78.31
Max Pain	$85.60	$85.00	$90.00	$87.50	$85.00
ATM IV	49.9%	44.0%	68.7%	65.8%	45.6%
Expected Move	14.9%	12.7%	23.6%	22.5%	14.0%
HV 20d	55.2%	45.1%	62.8%	47.8%	57.0%
HV 60d	48.3%	43.4%	50.8%	43.4%	50.4%
IV Rank	33.4%	19.7%	71.4%	65.6%	22.9%
IV Percentile	40.2%	20.2%	87.7%	83.3%	25.0%
Term Structure	-0.5%	-3.9%	2.4%	-2.6%	-0.3%
VWIV	51.9%	44.1%	80.1%	76.8%	49.5%
Skew 25d	5.8%	4.5%	7.9%	7.0%	6.0%
Skew 10d	10.4%	8.7%	15.2%	12.7%	9.0%
Call IV 25d	47.2%	41.3%	66.1%	61.5%	42.4%
Put IV 25d	53.0%	46.9%	72.2%	68.5%	48.4%
Bid-Ask Spread %	2.37	1.87	3.20	2.44	2.25
Gamma HHI	0.04	0.03	0.11	0.04	0.04
Net GEX	881.2K	-21.9M	42.4M	-8.4M	-8.5M
Net DEX	588.2M	-1.07B	1.79B	860.7M	973.3M
Net VEX	-14.2M	-16.1M	-12.5M	-15.7M	-12.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.21	0.56	2.63	0.80	1.59
Total Volume	142,003.095	30,630	326,663	55,983	181,553
Total OI	1,383,972.952	1,237,024	1,514,313	1,317,026	1,322,042

Daily Data (21 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
2022-11-01	$83.34	$87.50	65.8%	22.5%	47.8%	65.6%	76.8%	7.0%	-2.6%	-8.4M	860.7M	-15.7M	0.80	2.44	31,095	24,888	725,883	591,143
2022-11-02	$80.08	$87.50	66.9%	23.6%	48.3%	67.8%	80.1%	7.9%	-3.5%	-12.5M	1.19B	-14.7M	1.70	3.03	37,666	64,103	728,451	596,276
2022-11-03	$76.87	$90.00	68.7%	18.2%	49.6%	71.4%	62.9%	6.1%	-3.9%	-13.9M	1.42B	-13.9M	0.63	3.20	200,399	126,264	741,730	600,112
2022-11-04	$75.24	$87.50	46.6%	13.6%	47.9%	28.2%	47.6%	4.8%	-1.1%	-21.9M	1.79B	-12.5M	1.03	2.25	158,904	164,229	860,713	653,600
2022-11-07	$77.46	$85.00	47.2%	13.9%	45.1%	29.4%	48.4%	5.2%	1.4%	-7.6M	1.21B	-13.1M	0.70	2.12	81,405	57,098	814,076	591,487
2022-11-08	$81.42	$85.00	49.8%	14.5%	48.5%	34.4%	51.1%	4.9%	0.7%	7.2M	613.9M	-14.5M	1.64	2.31	92,295	151,170	836,309	592,927
2022-11-09	$78.83	$85.00	50.0%	14.6%	49.2%	34.8%	51.9%	6.3%	0.8%	-1.3M	969.4M	-13.8M	2.63	2.27	34,605	90,982	849,607	602,565
2022-11-10	$86.52	$85.00	46.8%	13.8%	59.9%	28.7%	48.0%	5.6%	1.5%	26.3M	-247.9M	-15.4M	0.83	2.37	71,047	58,619	856,923	612,496
2022-11-11	$91.12	$85.00	45.8%	13.6%	60.3%	26.6%	47.7%	4.5%	2.4%	42.4M	-1.07B	-16.1M	0.79	2.75	113,161	89,434	864,462	623,546
2022-11-14	$90.14	$85.00	46.8%	13.6%	58.7%	28.6%	47.2%	5.1%	-0.6%	23.9M	-611.5M	-15.8M	1.02	2.61	49,939	50,813	827,416	601,672
2022-11-15	$89.85	$85.00	47.1%	13.6%	58.7%	29.1%	49.5%	5.7%	-1.0%	22.6M	-583.0M	-15.9M	1.04	2.31	41,470	42,989	842,525	614,597
2022-11-16	$86.88	$85.00	48.1%	13.8%	59.8%	30.9%	48.8%	5.7%	-0.4%	11.0M	-11.3M	-15.3M	1.86	1.87	42,677	79,172	847,562	620,459
2022-11-17	$85.28	$85.00	48.6%	14.0%	60.2%	30.4%	48.5%	5.3%	-0.7%	8.3M	280.6M	-14.9M	1.23	2.11	35,701	44,017	850,513	621,666
2022-11-18	$85.09	$85.00	47.6%	13.8%	60.1%	27.1%	48.3%	5.6%	-1.1%	-2.3M	252.7M	-14.5M	1.11	2.16	48,754	54,338	855,396	625,733
2022-11-21	$80.93	$85.00	48.4%	14.1%	62.8%	28.7%	49.6%	5.7%	-1.1%	-8.5M	813.1M	-13.5M	0.92	1.89	61,162	56,284	707,240	529,784
2022-11-22	$80.03	$85.00	47.3%	13.7%	56.9%	26.3%	47.6%	5.5%	-0.8%	-9.4M	916.4M	-13.3M	2.40	1.97	66,134	158,585	715,732	539,557
2022-11-23	$80.79	$85.00	44.0%	12.7%	57.1%	19.7%	44.1%	5.6%	-0.8%	-719.8K	768.6M	-13.5M	1.77	3.06	45,197	79,941	740,091	556,878
2022-11-25	$80.12	$85.00	45.1%	13.2%	57.0%	21.9%	44.5%	5.7%	-0.5%	-9.9M	860.3M	-13.3M	0.61	2.59	19,021	11,609	746,561	576,402
2022-11-28	$79.78	$85.00	45.9%	14.0%	56.8%	23.5%	47.8%	6.0%	0.2%	-6.4M	859.1M	-13.1M	0.56	2.08	54,959	30,539	725,298	551,617
2022-11-29	$77.66	$85.00	46.4%	14.4%	56.8%	24.6%	50.3%	6.5%	0.1%	-11.8M	1.09B	-12.7M	0.63	2.21	49,060	30,787	737,409	564,976
2022-11-30	$78.31	$85.00	45.6%	14.0%	57.0%	22.9%	49.5%	6.0%	-0.3%	-8.5M	973.3M	-12.9M	1.59	2.25	70,186	111,367	752,752	569,290