PYPL Options History — August 2024

In August 2024, PYPL traded between $60.13 and $73.24. ATM implied volatility averaged 29.8%, placing in the 12.0% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded below realized volatility by 14.0% (HV 20d: 43.8%). Max pain ranged from $60.00 to $65.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.52.

Notable Days

  • 2024-08-20: Highest Volume — 228,156 contracts
  • 2024-08-02: Largest IV spike — 18.7% change
  • 2024-08-05: Highest IV Rank — 48.2%
  • 2024-08-05: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$67.67$60.13$73.24$65.47$72.34
Max Pain$62.18$60.00$65.00$60.00$65.00
ATM IV29.8%26.0%41.2%30.1%26.7%
Expected Move8.6%7.4%11.7%8.8%7.6%
HV 20d43.8%32.8%47.2%37.3%32.8%
HV 60d34.5%31.2%35.9%31.2%35.9%
IV Rank12.0%0.0%48.2%12.9%2.1%
IV Percentile23.0%0.0%66.7%28.2%3.2%
Term Structure0.1%-2.3%4.4%-1.4%-1.3%
VWIV30.8%26.5%40.9%31.2%26.8%
Skew 25d1.9%0.3%4.5%2.4%1.4%
Skew 10d3.8%0.1%9.7%1.5%2.7%
Call IV 25d29.4%25.8%38.8%28.8%26.6%
Put IV 25d31.3%27.0%43.3%31.2%27.9%
Bid-Ask Spread %4.222.2416.914.504.22
Gamma HHI0.080.040.260.060.07
Net GEX60.5M17.1M101.9M71.8M59.2M
Net DEX-1.88B-2.82B-482.3M-1.72B-2.56B
Net VEX-17.2M-18.4M-15.7M-16.4M-18.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.520.230.790.720.42
Total Volume109,242.13652,609228,156174,12483,464
Total OI1,709,609.4091,600,7581,783,8721,748,4861,735,588

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$65.47$60.0030.1%8.8%37.3%12.9%31.2%2.4%-1.4%71.8M-1.72B-16.4M0.724.50101,12572,9991,185,269563,217
2024-08-02$62.13$60.0035.7%10.4%42.3%30.9%37.0%3.0%-2.3%34.3M-834.2M-16.0M0.714.13111,19079,2211,189,023567,649
2024-08-05$60.13$60.0041.2%11.7%43.6%48.2%40.9%4.5%-2.2%17.1M-482.3M-15.7M0.7316.9154,06639,2271,131,557528,721
2024-08-06$62.94$60.0034.2%10.0%46.4%26.1%36.2%3.4%-0.5%39.3M-996.9M-16.2M0.664.7656,39637,4251,145,804548,235
2024-08-07$63.28$60.0035.1%10.2%46.4%28.8%36.5%2.9%0.2%44.9M-1.09B-16.4M0.623.8578,18348,4951,154,219551,785
2024-08-08$64.34$60.0033.3%9.5%46.4%23.2%34.6%3.3%-0.3%52.9M-1.32B-16.7M0.614.6636,28221,9981,158,921574,180
2024-08-09$64.70$60.0030.5%8.8%46.4%14.1%31.6%3.1%0.6%56.6M-1.40B-16.7M0.463.1069,89432,0911,167,268581,957
2024-08-12$63.58$60.0030.4%9.0%47.0%14.0%33.0%2.9%1.0%37.6M-1.10B-16.2M0.793.7737,65929,8261,144,103549,636
2024-08-13$64.93$60.0029.8%8.6%47.0%11.8%30.5%2.2%0.5%56.7M-1.42B-16.7M0.533.2265,06234,1851,156,318557,562
2024-08-14$66.28$62.5026.5%8.2%47.1%1.3%28.9%1.8%4.4%77.3M-1.78B-17.0M0.392.8251,19119,8921,178,069577,468
2024-08-15$68.09$62.5026.9%7.8%47.2%2.8%27.5%1.4%0.4%94.5M-2.30B-17.2M0.362.24111,86839,7581,189,816577,147
2024-08-16$67.97$62.5026.1%7.6%46.6%0.1%27.1%1.2%0.5%101.9M-2.23B-17.4M0.232.9494,63021,4141,199,187584,685
2024-08-19$69.13$62.5026.0%7.4%46.3%0.0%26.5%1.2%0.8%56.9M-2.03B-17.3M0.332.2668,50722,6561,092,228508,530
2024-08-20$71.94$62.5028.4%8.1%47.1%7.5%28.9%0.3%-0.0%67.8M-2.65B-18.1M0.253.51182,20645,9501,107,269519,251
2024-08-21$71.55$62.5027.5%7.9%45.5%4.8%28.3%1.0%0.5%74.7M-2.57B-18.4M0.424.0870,67329,8721,137,620534,302
2024-08-22$71.69$63.0028.5%8.1%45.0%8.1%30.0%1.2%0.6%76.7M-2.60B-18.4M0.653.6580,72752,7141,145,641543,365
2024-08-23$71.47$65.0027.3%7.8%45.3%4.1%27.4%0.9%0.3%68.8M-2.51B-18.1M0.343.7183,35228,4481,151,741558,991
2024-08-26$71.88$65.0027.5%7.8%45.3%4.8%28.3%1.1%0.3%64.3M-2.50B-18.2M0.683.3847,77432,2591,131,339549,623
2024-08-27$71.31$65.0027.0%7.9%38.1%3.3%27.8%1.0%-0.2%54.6M-2.33B-18.0M0.643.5132,77021,1151,137,057564,126
2024-08-28$70.41$65.0028.4%8.2%36.7%7.5%28.9%1.5%0.3%45.8M-2.09B-18.0M0.513.9734,83617,7731,144,386570,467
2024-08-29$73.24$65.0028.4%8.2%38.6%7.5%28.9%0.8%0.1%77.6M-2.82B-18.0M0.373.5790,31533,8391,145,174572,913
2024-08-30$72.34$65.0026.7%7.6%32.8%2.1%26.8%1.4%-1.3%59.2M-2.56B-18.0M0.424.2258,81524,6491,154,894580,694