PYPL Options History — May 2024

In May 2024, PYPL traded between $61.20 and $66.80. ATM implied volatility averaged 27.8%, placing in the 4.9% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 2.0% (HV 20d: 25.8%). Max pain ranged from $62.50 to $65.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.44.

Notable Days

  • 2024-05-01: Highest Volume — 206,701 contracts
  • 2024-05-28: Largest IV spike — 7.7% change
  • 2024-05-01: Highest IV Rank — 13.5%
  • 2024-05-01: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.87$61.20$66.80$66.63$62.52
Max Pain$64.00$62.50$65.00$62.50$62.50
ATM IV27.8%26.1%30.6%30.6%27.9%
Expected Move8.1%7.5%9.2%9.2%8.2%
HV 20d25.8%22.8%27.3%26.2%23.9%
HV 60d27.9%25.3%38.7%38.7%25.9%
IV Rank4.9%0.0%13.5%13.5%5.8%
IV Percentile5.2%0.0%16.7%16.7%7.1%
Term Structure0.1%-1.5%1.3%0.1%-1.2%
VWIV28.5%26.4%32.6%32.6%28.8%
Skew 25d0.4%-0.1%0.9%0.4%0.8%
Skew 10d0.9%0.2%1.8%0.5%1.5%
Call IV 25d28.1%26.4%30.7%30.7%28.5%
Put IV 25d28.6%26.5%31.1%31.1%29.3%
Bid-Ask Spread %4.502.489.689.684.46
Gamma HHI0.060.050.150.060.08
Net GEX25.5M-14.7M60.5M58.1M29.3M
Net DEX-874.3M-1.55B-317.9M-1.53B-683.9M
Net VEX-15.8M-17.6M-14.7M-17.6M-15.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.180.870.480.42
Total Volume90,521.40947,187206,701206,70181,226
Total OI1,754,131.6821,628,0101,879,9011,854,3231,737,028

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$66.63$62.5030.6%9.2%26.2%13.5%32.6%0.4%0.1%58.1M-1.53B-17.6M0.489.68139,76466,9371,254,451599,872
2024-05-02$66.80$63.0030.0%9.0%25.6%11.5%31.8%0.5%0.1%60.5M-1.55B-17.4M0.303.9294,75628,0521,261,049607,634
2024-05-03$65.38$64.0028.4%8.4%26.8%6.4%29.9%0.4%0.1%33.0M-1.16B-16.8M0.283.27127,31535,8371,260,371619,530
2024-05-06$65.50$65.0029.3%8.4%25.8%9.3%29.4%0.9%1.3%40.9M-1.19B-16.5M0.403.0247,50218,8621,186,100569,228
2024-05-07$66.00$65.0027.7%8.1%25.6%3.9%28.9%0.6%0.3%48.1M-1.31B-16.7M0.333.4757,27218,8611,194,395575,504
2024-05-08$64.02$65.0028.2%8.1%27.2%5.6%29.0%0.7%0.8%22.7M-831.5M-15.9M0.512.4869,28735,3511,191,804576,580
2024-05-09$64.34$65.0027.5%8.0%27.2%3.3%28.2%0.4%0.4%28.2M-944.9M-15.9M0.283.3269,84519,6651,200,294576,240
2024-05-10$63.03$65.0026.9%7.9%27.0%1.3%27.7%0.5%0.7%-14.7M-661.7M-15.6M0.302.8872,23821,7461,223,747579,949
2024-05-13$63.94$65.0027.7%8.0%26.8%3.8%28.4%0.1%0.8%30.7M-910.0M-15.8M0.473.0751,46524,3151,188,007563,901
2024-05-14$64.72$62.5028.3%8.0%27.1%5.9%28.5%0.6%-0.2%45.0M-1.12B-16.0M0.383.1535,82613,6931,202,245569,289
2024-05-15$63.97$65.0027.7%7.8%27.3%4.1%27.5%0.4%-0.5%32.5M-908.2M-15.6M0.642.6237,63923,9271,204,883573,247
2024-05-16$63.95$65.0027.4%7.8%26.2%3.1%27.9%0.5%-0.4%31.3M-885.7M-15.4M0.873.4634,63930,2771,209,907577,148
2024-05-17$64.40$65.0026.5%7.6%26.2%0.1%26.9%0.3%-0.3%35.5M-967.2M-15.6M0.552.9457,64531,7111,217,203589,946
2024-05-20$64.90$65.0026.4%7.5%25.0%0.0%26.9%-0.1%0.4%29.7M-1.01B-15.5M0.777.6339,90630,7951,106,989521,021
2024-05-21$64.06$65.0026.1%7.5%24.7%0.0%26.4%0.1%0.6%22.8M-845.8M-15.5M0.507.2031,51715,6701,123,383534,915
2024-05-22$62.00$65.0026.9%7.7%27.1%2.8%27.4%0.2%0.2%753.0K-427.2M-15.0M0.518.1677,85240,0391,131,768542,608
2024-05-23$61.48$63.0027.6%7.9%27.0%5.0%28.1%0.4%0.6%-5.1M-317.9M-14.7M0.427.2668,17928,4111,148,761550,054
2024-05-24$61.61$63.0026.1%7.5%24.5%0.1%26.5%0.4%0.2%-1.0M-351.5M-15.0M0.503.7746,80923,2021,157,505558,615
2024-05-28$61.94$62.5028.1%8.0%23.7%6.5%28.3%0.8%-0.4%6.7M-508.3M-15.0M0.184.2073,21913,1191,139,577540,831
2024-05-29$61.20$62.5028.6%8.3%22.8%8.2%29.0%0.5%-1.5%745.6K-386.8M-14.9M0.415.0243,68917,9531,159,626544,895
2024-05-30$62.64$62.5028.6%8.4%24.0%8.1%29.6%0.5%-0.8%26.3M-743.6M-15.6M0.283.9674,33821,1201,169,296551,501
2024-05-31$62.52$62.5027.9%8.2%23.9%5.8%28.8%0.8%-1.2%29.3M-683.9M-15.4M0.424.4657,28123,9451,183,854553,174