PYPL Options History — October 2023

In October 2023, PYPL traded between $50.30 and $58.55. ATM implied volatility averaged 50.9%, placing in the 56.8% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded above realized volatility by 24.3% (HV 20d: 26.6%). Max pain ranged from $55.00 to $62.50. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.67.

Notable Days

2023-10-25: Highest Volume — 231,780 contracts
2023-10-03: Largest IV spike — 8.6% change
2023-10-25: Highest IV Rank — 70.9%
2023-10-30: Largest Expected Move — 18.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$55.36	$50.30	$58.55	$58.52	$51.63
Max Pain	$59.20	$55.00	$62.50	$60.00	$55.00
ATM IV	50.9%	42.0%	56.4%	42.0%	52.0%
Expected Move	14.7%	9.8%	18.3%	9.8%	17.9%
HV 20d	26.6%	24.3%	29.7%	25.5%	29.7%
HV 60d	37.5%	29.0%	39.4%	39.4%	29.0%
IV Rank	56.8%	35.4%	70.9%	35.4%	60.4%
IV Percentile	80.6%	45.6%	94.4%	45.6%	84.1%
Term Structure	-1.7%	-4.2%	2.6%	2.3%	-2.4%
VWIV	51.6%	34.7%	65.8%	34.7%	65.8%
Skew 25d	4.6%	3.2%	6.0%	3.8%	4.7%
Skew 10d	7.3%	5.2%	9.4%	5.6%	7.0%
Call IV 25d	49.0%	42.4%	53.6%	42.4%	49.5%
Put IV 25d	53.7%	46.1%	59.5%	46.1%	54.2%
Bid-Ask Spread %	1.83	1.56	2.19	1.75	2.02
Gamma HHI	0.06	0.05	0.09	0.05	0.05
Net GEX	-11.8M	-17.8M	-4.5M	-10.8M	-5.6M
Net DEX	488.0M	190.1M	889.8M	219.7M	624.4M
Net VEX	-13.0M	-13.9M	-11.5M	-13.9M	-11.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.67	0.42	1.41	0.61	0.71
Total Volume	109,239.818	59,275	231,780	70,618	130,989
Total OI	1,803,326.864	1,678,329	1,902,449	1,709,649	1,801,054

Daily Data (22 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
2023-10-02	$58.52	$60.00	42.0%	9.8%	25.5%	35.4%	34.7%	3.8%	2.3%	-10.8M	219.7M	-13.9M	0.61	1.75	43,782	26,836	1,106,674	602,975
2023-10-03	$57.30	$60.00	45.6%	10.8%	26.0%	43.6%	37.5%	4.8%	2.6%	-16.0M	455.4M	-13.4M	0.84	1.56	49,428	41,524	1,119,075	611,797
2023-10-04	$58.55	$60.00	44.8%	9.9%	27.4%	41.7%	35.1%	4.4%	2.3%	-13.3M	213.5M	-13.8M	0.49	1.66	68,329	33,621	1,129,964	628,504
2023-10-05	$57.67	$62.50	46.0%	13.4%	27.3%	44.5%	46.3%	4.7%	2.4%	-17.2M	347.4M	-13.7M	0.70	1.82	42,358	29,791	1,167,111	630,984
2023-10-06	$58.00	$62.50	49.3%	13.4%	27.2%	51.9%	47.0%	4.5%	-1.8%	-16.9M	257.0M	-13.7M	0.65	1.85	81,328	52,480	1,181,659	633,840
2023-10-09	$57.97	$60.00	50.2%	13.6%	26.5%	54.1%	47.6%	4.4%	-2.1%	-15.2M	247.3M	-13.8M	0.84	2.04	44,174	37,200	1,166,324	624,304
2023-10-10	$57.84	$60.00	49.8%	13.6%	25.7%	53.2%	46.6%	4.2%	-1.7%	-16.5M	264.3M	-13.8M	0.42	1.84	65,795	27,836	1,179,012	642,314
2023-10-11	$58.03	$60.00	50.4%	13.8%	25.8%	54.5%	48.2%	3.4%	-2.2%	-13.2M	190.1M	-13.9M	0.66	1.92	54,225	35,954	1,199,442	648,149
2023-10-12	$56.52	$60.00	50.0%	13.7%	24.3%	53.6%	50.2%	3.2%	-2.3%	-17.5M	507.6M	-13.2M	0.56	1.84	68,341	38,129	1,208,855	644,739
2023-10-13	$55.61	$60.00	51.4%	14.3%	24.6%	57.0%	49.4%	3.7%	-2.4%	-12.8M	633.5M	-13.1M	0.63	1.75	71,996	45,092	1,230,314	650,849
2023-10-16	$56.88	$60.00	50.0%	14.1%	26.4%	54.2%	51.1%	4.6%	-2.6%	-6.0M	334.7M	-13.4M	0.72	1.97	52,666	37,889	1,209,642	623,814
2023-10-17	$57.00	$60.00	49.9%	14.2%	26.3%	53.9%	49.8%	4.0%	-2.5%	-4.5M	296.8M	-13.4M	0.46	1.56	40,541	18,734	1,227,562	633,396
2023-10-18	$55.72	$60.00	52.3%	15.0%	26.6%	61.2%	52.4%	4.8%	-3.9%	-11.6M	524.8M	-13.0M	1.41	1.80	49,266	69,379	1,236,401	636,165
2023-10-19	$54.77	$60.00	53.6%	15.6%	24.5%	64.2%	54.4%	5.0%	-3.3%	-17.8M	646.6M	-12.7M	0.60	1.63	61,846	36,890	1,251,205	636,167
2023-10-20	$53.48	$60.00	54.8%	16.1%	25.3%	66.9%	59.7%	5.5%	-4.2%	-8.7M	813.2M	-12.3M	0.94	1.72	93,765	87,805	1,267,097	635,352
2023-10-23	$53.61	$57.50	53.3%	16.2%	24.8%	63.5%	57.8%	4.5%	-2.0%	-10.9M	582.4M	-12.4M	0.63	1.59	61,743	38,868	1,095,352	582,977
2023-10-24	$54.28	$57.50	52.5%	16.2%	25.4%	61.6%	56.0%	4.4%	-2.6%	-7.4M	458.8M	-12.6M	0.67	1.62	58,116	38,776	1,118,547	591,491
2023-10-25	$51.66	$57.50	56.4%	17.6%	29.0%	70.9%	60.6%	6.0%	-3.3%	-11.4M	800.8M	-11.7M	0.60	2.19	144,960	86,820	1,136,591	597,504
2023-10-26	$51.59	$57.50	55.5%	17.7%	28.1%	68.6%	61.4%	5.7%	-3.0%	-7.3M	714.9M	-11.9M	0.69	2.00	67,662	46,453	1,181,235	603,158
2023-10-27	$50.30	$57.50	55.9%	18.0%	28.7%	69.6%	61.8%	5.9%	-3.1%	-10.4M	889.8M	-11.5M	0.43	2.08	100,076	42,854	1,200,435	622,133
2023-10-30	$51.05	$55.00	54.1%	18.3%	29.5%	65.4%	61.8%	5.6%	-2.4%	-7.8M	712.3M	-11.8M	0.45	1.97	54,333	24,626	1,173,264	605,764
2023-10-31	$51.63	$55.00	52.0%	17.9%	29.7%	60.4%	65.8%	4.7%	-2.4%	-5.6M	624.4M	-11.9M	0.71	2.02	76,608	54,381	1,188,783	612,271