PYPL Options History — April 2024

In April 2024, PYPL traded between $61.86 and $68.15. ATM implied volatility averaged 47.6%, placing in the 68.2% IV rank vs the trailing year. The 30-day expected move averaged 13.5%. IV traded above realized volatility by 21.3% (HV 20d: 26.2%). Max pain ranged from $60.00 to $62.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.51.

Notable Days

  • 2024-04-30: Highest Volume — 388,576 contracts
  • 2024-04-30: Largest IV drop — 34.1% change
  • 2024-04-17: Highest IV Rank — 82.1%
  • 2024-04-29: Largest Expected Move — 16.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$64.89$61.86$68.15$65.34$68.15
Max Pain$61.36$60.00$62.50$62.50$62.50
ATM IV47.6%32.6%51.9%34.3%32.6%
Expected Move13.5%9.3%16.8%9.3%9.9%
HV 20d26.2%22.3%30.2%30.2%24.8%
HV 60d41.2%38.3%43.8%43.8%38.5%
IV Rank68.2%19.7%82.1%25.3%19.7%
IV Percentile82.1%32.9%94.0%51.6%32.9%
Term Structure-1.5%-3.7%13.1%13.1%0.0%
VWIV47.6%32.9%58.0%32.9%34.9%
Skew 25d0.9%-1.3%1.9%0.5%0.6%
Skew 10d1.7%-3.0%4.5%-3.0%0.8%
Call IV 25d47.6%32.3%52.9%36.6%32.3%
Put IV 25d48.5%32.9%54.2%37.1%32.9%
Bid-Ask Spread %4.572.798.034.603.29
Gamma HHI0.050.040.130.060.06
Net GEX43.6M4.8M70.4M48.5M70.4M
Net DEX-1.47B-2.09B-722.0M-1.69B-1.92B
Net VEX-18.5M-19.6M-17.1M-19.6M-17.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.340.890.540.47
Total Volume95,612.68237,264388,57678,426388,576
Total OI1,806,278.6361,650,0161,899,6011,807,7901,819,683

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$65.34$62.5034.3%9.3%30.2%25.3%32.9%0.5%13.1%48.5M-1.69B-19.6M0.544.6050,98127,4451,226,917580,873
2024-04-02$64.78$62.5037.5%9.3%30.2%35.8%33.4%1.0%6.6%42.8M-1.54B-19.4M0.894.3040,54836,1141,239,471591,686
2024-04-03$65.34$62.5048.6%9.6%26.7%71.6%34.0%1.2%-1.8%50.3M-1.70B-19.6M0.404.0337,78915,1731,246,059588,659
2024-04-04$64.45$60.0050.1%13.3%27.6%76.3%47.1%-1.3%-1.8%40.8M-1.47B-19.2M0.488.0349,06323,5621,255,907596,297
2024-04-05$64.95$60.0048.9%13.1%27.5%72.7%46.3%0.0%-2.4%45.9M-1.59B-19.4M0.575.0046,33926,3651,261,487600,478
2024-04-08$66.28$60.0049.0%13.2%28.1%72.9%46.4%0.3%-2.3%60.5M-1.92B-19.4M0.345.1653,35417,9141,231,893580,281
2024-04-09$66.95$60.0048.8%13.1%28.0%72.3%46.5%0.0%-2.3%70.2M-2.09B-19.5M0.774.5738,76729,8291,244,571586,541
2024-04-10$65.84$60.0049.2%13.4%29.1%73.5%47.5%0.5%-2.2%55.5M-1.79B-19.2M0.548.0034,69718,8381,250,946598,733
2024-04-11$66.05$60.0048.7%13.4%26.1%71.9%47.4%0.3%-2.4%61.0M-1.81B-19.1M0.384.9950,25219,1431,259,274602,571
2024-04-12$64.56$60.0049.8%13.7%27.6%75.3%49.3%1.5%-3.1%39.8M-1.42B-18.8M0.373.9465,89824,4391,268,704611,369
2024-04-15$63.41$60.0051.2%14.5%28.4%79.9%50.5%1.7%-3.4%34.2M-1.16B-18.1M0.363.1467,31224,3641,245,405591,521
2024-04-16$63.75$60.0051.4%14.6%27.0%80.7%51.1%1.4%-2.6%38.2M-1.25B-18.0M0.744.9636,62127,1371,256,780599,130
2024-04-17$63.38$60.0051.9%14.9%26.0%82.1%52.0%1.3%-3.7%31.9M-1.14B-17.9M0.476.0336,94317,5101,263,630611,428
2024-04-18$62.11$62.5050.8%14.7%23.3%78.8%52.7%1.6%-2.9%11.9M-819.2M-17.4M0.402.7949,51319,6361,270,025613,786
2024-04-19$61.86$62.5051.4%15.0%22.3%80.6%52.8%1.7%-3.3%4.8M-722.0M-17.1M0.555.5165,12435,8141,282,403617,198
2024-04-22$63.36$62.5049.5%14.9%23.5%74.3%52.3%1.9%-2.7%26.3M-1.02B-17.4M0.472.9342,37119,7781,133,304516,712
2024-04-23$64.50$62.5048.4%14.8%23.6%70.9%51.9%1.5%-2.5%36.8M-1.25B-17.7M0.503.0237,63118,7411,145,926522,888
2024-04-24$64.88$62.5048.1%14.9%23.5%69.9%52.1%1.5%-3.3%39.9M-1.33B-18.0M0.523.2124,49312,7711,155,557532,818
2024-04-25$64.25$62.5047.9%15.1%23.7%69.3%53.9%1.0%-2.8%34.0M-1.22B-17.8M0.553.8258,46832,0321,161,873537,652
2024-04-26$66.13$62.5048.8%15.7%25.8%72.1%54.6%0.9%-3.7%69.7M-1.66B-18.5M0.444.0282,00235,7331,177,193558,536
2024-04-29$67.16$62.5049.4%16.8%24.7%74.1%58.0%0.1%-2.6%45.6M-1.76B-18.8M0.485.18178,42785,9721,159,348542,617
2024-04-30$68.15$62.5032.6%9.9%24.8%19.7%34.9%0.6%0.0%70.4M-1.92B-17.6M0.473.29263,489125,0871,230,111589,572