PYPL Options History — January 2024

In January 2024, PYPL traded between $58.39 and $65.80. ATM implied volatility averaged 48.1%, placing in the 70.2% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 11.0% (HV 20d: 37.1%). Max pain ranged from $57.50 to $60.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.46.

Notable Days

  • 2024-01-25: Highest Volume — 649,025 contracts
  • 2024-01-08: Largest IV spike — 8.8% change
  • 2024-01-22: Highest IV Rank — 100.0%
  • 2024-01-22: Largest Expected Move — 17.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$61.58$58.39$65.80$61.22$61.42
Max Pain$58.69$57.50$60.00$60.00$60.00
ATM IV48.1%39.8%57.4%39.8%47.6%
Expected Move14.4%9.8%17.6%9.8%16.2%
HV 20d37.1%28.0%47.3%30.3%47.3%
HV 60d36.0%33.2%38.1%33.2%37.0%
IV Rank70.2%41.3%100.0%41.3%68.4%
IV Percentile80.8%54.0%100.0%54.0%83.7%
Term Structure-0.6%-4.0%8.7%6.5%-1.9%
VWIV50.8%35.6%62.3%35.6%56.8%
Skew 25d-0.2%-1.0%1.4%-0.2%-0.4%
Skew 10d-1.8%-4.0%1.8%-1.3%-2.8%
Call IV 25d48.7%39.1%57.0%40.9%48.1%
Put IV 25d48.4%39.2%56.3%40.7%47.7%
Bid-Ask Spread %2.261.163.481.442.76
Gamma HHI0.050.040.080.050.04
Net GEX42.6M7.7M75.2M36.9M36.0M
Net DEX-1.15B-2.80B-272.0M-1.01B-945.4M
Net VEX-16.7M-19.0M-14.4M-16.1M-18.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.231.370.260.40
Total Volume250,203.286125,960649,025143,897125,960
Total OI2,048,903.0481,669,6882,309,3772,020,8161,911,459

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-01-02$61.22$60.0039.8%9.8%30.3%41.3%35.6%-0.2%6.5%36.9M-1.01B-16.1M0.261.44114,33529,5621,413,233607,583
2024-01-03$58.59$60.0041.0%10.1%34.3%45.0%36.1%0.2%6.9%14.9M-361.0M-15.1M0.581.16161,17093,4881,449,634621,877
2024-01-04$58.64$57.5041.1%13.2%31.6%45.3%46.5%0.1%7.2%16.3M-408.3M-15.5M0.601.8492,91655,9731,492,676640,330
2024-01-05$60.03$57.5041.6%13.1%30.9%46.9%46.2%0.1%8.7%45.2M-820.3M-16.0M0.551.88110,94060,5141,513,865658,099
2024-01-08$61.81$57.5045.2%13.1%31.8%58.9%46.2%-0.3%-1.7%47.5M-1.26B-16.2M0.361.8699,40435,7751,460,146644,760
2024-01-09$60.88$57.5046.2%13.1%32.4%64.2%46.1%-0.6%-1.4%38.5M-1.01B-15.8M0.532.0986,97946,1961,472,898649,942
2024-01-10$61.02$57.5047.8%13.2%32.3%69.3%46.4%-0.5%-1.8%40.1M-1.05B-16.0M1.371.9855,81676,3561,477,687661,868
2024-01-11$61.14$57.5047.6%13.1%32.2%70.4%45.6%-0.3%-2.3%40.9M-1.04B-15.5M0.402.0597,01038,5491,493,032673,190
2024-01-12$61.03$57.5047.1%13.1%28.0%68.9%45.7%-0.1%-2.0%38.9M-972.6M-15.6M0.521.8683,46043,7921,497,770679,048
2024-01-16$58.39$57.5049.8%14.2%31.9%77.7%50.0%0.4%-3.0%7.7M-272.0M-14.4M0.552.46116,18564,3181,457,148670,157
2024-01-17$59.75$57.5051.0%14.6%33.0%82.0%51.6%0.8%-3.3%27.4M-791.4M-15.1M0.741.66197,372146,3941,500,258683,929
2024-01-18$62.11$57.5051.8%15.0%35.8%84.7%52.6%1.4%-3.3%58.4M-1.64B-16.2M0.262.38277,22172,0511,542,137695,152
2024-01-19$65.80$57.5054.0%15.8%40.3%91.8%55.4%-0.1%-4.0%75.2M-2.80B-17.6M0.282.75452,797126,4461,601,383707,994
2024-01-22$63.92$60.0057.4%17.6%41.3%100.0%62.3%-0.7%-3.0%61.2M-1.71B-17.8M0.262.77392,816101,0181,132,772536,916
2024-01-23$64.77$60.0053.6%16.6%41.5%87.6%58.5%-0.7%-3.1%72.5M-1.94B-18.7M0.412.36145,37359,0561,242,252585,547
2024-01-24$63.28$60.0053.2%16.7%42.4%86.4%59.5%-1.0%-3.2%59.1M-1.52B-18.4M0.282.13220,53461,5421,270,725616,209
2024-01-25$60.59$60.0049.8%15.6%45.0%75.3%56.4%-0.4%-2.8%26.3M-674.1M-17.2M0.333.48488,129160,8961,323,284641,363
2024-01-26$61.69$60.0047.9%15.3%45.5%69.2%55.4%-0.9%-2.2%43.0M-1.04B-18.4M0.413.11223,30991,9831,411,301673,756
2024-01-29$63.38$60.0047.6%15.7%46.4%68.2%55.8%-0.9%-1.8%52.0M-1.38B-18.6M0.342.79106,93936,2611,223,274620,105
2024-01-30$63.78$60.0049.1%16.5%45.1%73.3%58.2%-0.9%-2.0%56.9M-1.51B-19.0M0.232.68166,42039,0141,242,462629,743
2024-01-31$61.42$60.0047.6%16.2%47.3%68.4%56.8%-0.4%-1.9%36.0M-945.4M-18.2M0.402.7690,12135,8391,272,461638,998