PYPL Options History — September 2024

In September 2024, PYPL traded between $68.84 and $80.20. ATM implied volatility averaged 31.1%, placing in the 16.2% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded below realized volatility by 0.2% (HV 20d: 31.3%). Max pain ranged from $65.00 to $67.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.46.

Notable Days

2024-09-19: Highest Volume — 229,664 contracts
2024-09-30: Largest IV spike — 18.6% change
2024-09-30: Highest IV Rank — 47.3%
2024-09-06: Largest Expected Move — 9.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$73.56	$68.84	$80.20	$71.69	$77.75
Max Pain	$65.25	$65.00	$67.50	$65.00	$67.50
ATM IV	31.1%	28.3%	40.9%	30.1%	40.9%
Expected Move	8.6%	7.9%	9.3%	8.9%	8.4%
HV 20d	31.3%	26.2%	34.9%	29.9%	34.3%
HV 60d	34.6%	33.6%	36.3%	34.4%	36.3%
IV Rank	16.2%	7.2%	47.3%	13.0%	47.3%
IV Percentile	33.5%	11.1%	65.5%	32.5%	65.5%
Term Structure	3.0%	-0.5%	14.5%	-0.0%	-0.5%
VWIV	30.7%	28.3%	33.3%	31.1%	29.4%
Skew 25d	1.8%	1.1%	2.4%	1.7%	2.3%
Skew 10d	3.3%	1.6%	5.4%	2.7%	5.4%
Call IV 25d	30.5%	27.9%	43.7%	29.6%	43.7%
Put IV 25d	32.3%	29.7%	45.9%	31.4%	45.9%
Bid-Ask Spread %	6.85	2.55	43.70	4.69	9.12
Gamma HHI	0.07	0.05	0.11	0.06	0.07
Net GEX	57.9M	23.9M	84.5M	53.8M	55.3M
Net DEX	-2.59B	-3.71B	-1.69B	-2.38B	-2.96B
Net VEX	-17.4M	-18.0M	-17.0M	-17.9M	-17.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.46	0.28	0.69	0.57	0.69
Total Volume	84,727.5	31,188	229,664	60,238	45,173
Total OI	1,667,335.9	1,528,614	1,752,665	1,680,813	1,582,844

Daily Data (20 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
2024-09-03	$71.69	$65.00	30.1%	8.9%	29.9%	13.0%	31.1%	1.7%	-0.0%	53.8M	-2.38B	-17.9M	0.57	4.69	38,364	21,874	1,125,292	555,521
2024-09-04	$72.18	$65.00	30.6%	9.1%	26.5%	14.7%	32.7%	1.2%	-0.4%	59.4M	-2.49B	-18.0M	0.62	4.55	31,712	19,520	1,132,784	557,066
2024-09-05	$72.07	$65.00	30.6%	8.7%	26.7%	14.7%	30.8%	1.7%	-0.3%	57.8M	-2.46B	-17.9M	0.42	4.16	46,233	19,556	1,139,310	566,750
2024-09-06	$68.87	$65.00	32.5%	9.3%	32.1%	20.8%	33.3%	2.4%	-0.3%	23.9M	-1.69B	-17.7M	0.40	4.10	79,507	31,548	1,145,494	572,198
2024-09-09	$69.19	$65.00	31.3%	9.2%	32.1%	16.9%	32.3%	2.4%	2.8%	39.4M	-1.80B	-17.2M	0.65	4.00	49,849	32,597	1,128,479	544,807
2024-09-10	$68.84	$65.00	32.1%	9.1%	31.3%	19.3%	33.2%	1.9%	-0.3%	37.6M	-1.69B	-17.3M	0.54	6.12	59,652	32,108	1,137,713	554,112
2024-09-11	$69.09	$65.00	30.9%	8.8%	30.7%	15.5%	30.8%	1.8%	-0.1%	40.1M	-1.77B	-17.2M	0.32	4.50	44,027	13,869	1,148,101	563,584
2024-09-12	$70.32	$65.00	30.1%	8.7%	30.5%	13.0%	30.4%	1.8%	0.2%	55.6M	-2.10B	-17.2M	0.42	3.38	21,981	9,207	1,157,512	561,762
2024-09-13	$70.22	$65.00	29.8%	8.6%	29.1%	11.9%	29.8%	2.2%	-0.1%	40.9M	-2.07B	-17.2M	0.40	2.93	43,310	17,384	1,163,887	563,445
2024-09-16	$70.97	$65.00	30.4%	8.8%	29.3%	14.0%	32.2%	1.8%	0.2%	59.8M	-2.24B	-17.0M	0.44	2.80	43,167	19,146	1,134,412	548,776
2024-09-17	$71.47	$65.00	30.1%	8.6%	28.8%	13.2%	31.1%	1.9%	0.8%	64.6M	-2.36B	-17.0M	0.28	2.55	31,928	8,951	1,140,636	559,416
2024-09-18	$72.97	$65.00	30.7%	8.8%	26.2%	15.0%	30.8%	1.7%	-0.3%	74.6M	-2.70B	-17.1M	0.30	43.70	88,766	26,538	1,144,689	563,550
2024-09-19	$77.52	$65.00	29.1%	8.4%	33.5%	10.0%	30.0%	1.1%	0.2%	84.5M	-3.71B	-17.2M	0.31	2.61	174,699	54,965	1,147,090	572,197
2024-09-20	$76.87	$65.00	28.3%	8.0%	33.8%	7.2%	29.9%	1.8%	0.9%	65.0M	-3.52B	-17.2M	0.57	8.90	61,661	35,453	1,156,609	596,056
2024-09-23	$77.41	$65.00	29.0%	7.9%	33.7%	9.5%	28.9%	1.1%	8.0%	65.2M	-3.02B	-17.1M	0.53	4.67	71,110	37,759	1,047,993	480,621
2024-09-24	$78.12	$65.00	29.5%	8.0%	33.8%	11.1%	28.3%	2.2%	8.6%	68.8M	-3.13B	-17.3M	0.30	4.67	46,679	14,013	1,064,273	498,584
2024-09-25	$77.45	$65.00	29.1%	8.1%	33.8%	10.0%	28.8%	1.5%	13.1%	63.3M	-2.98B	-17.2M	0.68	6.26	42,347	28,752	1,068,027	505,330
2024-09-26	$80.20	$65.00	32.1%	8.4%	34.9%	19.5%	29.7%	1.5%	12.4%	84.1M	-3.61B	-17.5M	0.32	5.61	90,322	28,496	1,079,015	521,688
2024-09-27	$77.93	$67.50	34.4%	8.5%	34.7%	26.9%	30.7%	2.0%	14.5%	64.6M	-3.05B	-17.7M	0.37	7.65	96,921	35,406	1,087,045	530,050
2024-09-30	$77.75	$67.50	40.9%	8.4%	34.3%	47.3%	29.4%	2.3%	-0.5%	55.3M	-2.96B	-17.5M	0.69	9.12	26,750	18,423	1,077,172	505,672