PYPL Options History — December 2024

In December 2024, PYPL traded between $85.08 and $91.31. ATM implied volatility averaged 29.3%, placing in the 10.4% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded below realized volatility by 2.1% (HV 20d: 31.3%). Max pain ranged from $72.50 to $75.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.44.

Notable Days

2024-12-04: Highest Volume — 160,466 contracts
2024-12-18: Largest IV spike — 14.2% change
2024-12-18: Highest IV Rank — 25.9%
2024-12-18: Largest Expected Move — 9.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$88.26	$85.08	$91.31	$86.64	$85.28
Max Pain	$72.98	$72.50	$75.00	$72.50	$75.00
ATM IV	29.3%	27.1%	34.2%	27.3%	29.2%
Expected Move	8.5%	7.8%	9.8%	8.2%	8.1%
HV 20d	31.3%	23.9%	36.3%	23.9%	36.3%
HV 60d	29.6%	27.5%	31.0%	27.5%	29.7%
IV Rank	10.4%	3.6%	25.9%	4.1%	10.1%
IV Percentile	24.0%	5.6%	57.1%	6.3%	25.8%
Term Structure	1.5%	-1.8%	12.9%	0.7%	12.9%
VWIV	30.6%	28.7%	34.9%	29.8%	29.2%
Skew 25d	0.2%	-0.9%	1.8%	0.9%	1.0%
Skew 10d	1.3%	-1.8%	14.8%	14.8%	0.8%
Call IV 25d	29.6%	27.2%	34.3%	27.2%	28.6%
Put IV 25d	29.9%	27.7%	34.8%	28.1%	29.6%
Bid-Ask Spread %	6.78	2.39	18.29	6.92	5.47
Gamma HHI	0.11	0.08	0.19	0.09	0.10
Net GEX	69.3M	36.7M	104.1M	68.4M	40.9M
Net DEX	-3.76B	-4.55B	-2.79B	-3.63B	-2.79B
Net VEX	-15.0M	-15.6M	-14.6M	-15.1M	-14.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.44	0.17	1.02	0.38	0.26
Total Volume	62,348.476	24,725	160,466	40,349	53,410
Total OI	1,569,131.524	1,469,288	1,640,425	1,534,964	1,484,780

Daily Data (21 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
2024-12-02	$86.64	$72.50	27.3%	8.2%	23.9%	4.1%	29.8%	0.9%	0.7%	68.4M	-3.63B	-15.1M	0.38	6.92	29,321	11,028	1,018,942	516,022
2024-12-03	$85.08	$72.50	27.1%	8.3%	25.3%	3.6%	29.9%	0.3%	0.8%	58.9M	-3.30B	-15.2M	0.45	4.67	22,568	10,263	1,030,721	521,891
2024-12-04	$89.99	$72.50	29.0%	9.0%	31.2%	9.5%	31.7%	-0.2%	0.2%	85.3M	-4.39B	-15.0M	0.22	3.89	131,407	29,059	1,035,251	524,695
2024-12-05	$89.30	$72.50	28.4%	8.5%	30.1%	7.7%	30.3%	-0.1%	0.6%	94.5M	-4.27B	-15.1M	0.54	9.79	38,039	20,614	1,058,040	535,611
2024-12-06	$89.92	$72.50	27.8%	8.3%	30.1%	5.7%	29.3%	-0.3%	0.8%	98.0M	-4.42B	-15.2M	0.30	6.35	49,903	15,196	1,064,946	547,693
2024-12-09	$90.40	$72.50	29.6%	8.5%	29.6%	11.3%	30.4%	-0.1%	-0.2%	82.7M	-4.35B	-15.1M	0.17	5.79	89,220	15,397	1,043,181	538,407
2024-12-10	$88.52	$72.50	28.6%	8.4%	27.4%	8.4%	30.0%	-0.1%	0.8%	72.8M	-3.92B	-15.2M	0.30	3.42	45,434	13,760	1,056,207	540,007
2024-12-11	$90.81	$75.00	29.3%	8.5%	28.6%	10.5%	30.9%	-0.9%	0.4%	94.0M	-4.45B	-15.1M	0.22	2.39	48,984	10,834	1,073,721	546,502
2024-12-12	$89.64	$72.50	28.8%	8.3%	28.6%	8.9%	30.3%	-0.4%	0.2%	88.7M	-4.21B	-15.2M	0.25	3.69	34,445	8,556	1,085,009	544,696
2024-12-13	$91.03	$72.50	28.8%	8.4%	27.6%	9.1%	30.2%	-0.8%	0.6%	104.1M	-4.55B	-15.0M	0.33	8.82	66,548	22,140	1,087,983	545,385
2024-12-16	$91.31	$72.50	29.5%	8.5%	27.6%	11.3%	30.5%	-0.9%	-0.0%	86.5M	-4.52B	-14.8M	0.45	8.78	35,399	15,836	1,069,019	540,265
2024-12-17	$90.82	$72.50	29.9%	8.6%	27.1%	12.4%	30.6%	-0.3%	-0.3%	83.4M	-4.41B	-14.8M	1.02	6.31	21,265	21,640	1,075,843	543,295
2024-12-18	$85.48	$72.50	34.2%	9.8%	35.1%	25.9%	34.9%	0.5%	-1.8%	44.8M	-3.19B	-15.6M	0.34	18.29	77,615	26,689	1,076,951	556,847
2024-12-19	$86.95	$72.50	33.8%	9.7%	35.5%	24.9%	34.9%	0.6%	-0.2%	53.0M	-3.44B	-15.6M	0.32	8.84	57,070	18,357	1,088,094	552,331
2024-12-20	$87.39	$72.50	30.4%	8.9%	35.4%	14.1%	31.8%	0.9%	-0.9%	36.7M	-3.55B	-15.2M	0.90	4.43	28,722	25,934	1,083,274	554,647
2024-12-23	$86.59	$72.50	29.6%	8.4%	35.2%	11.4%	30.5%	1.8%	1.1%	47.2M	-3.02B	-15.1M	0.96	7.02	22,363	21,540	989,693	479,595
2024-12-24	$88.00	$72.50	27.8%	7.9%	35.6%	5.6%	29.5%	0.9%	0.6%	59.7M	-3.28B	-14.9M	0.43	7.10	17,326	7,399	994,045	488,743
2024-12-26	$88.18	$72.50	27.5%	7.8%	35.6%	4.8%	28.7%	0.6%	0.9%	62.2M	-3.36B	-14.6M	0.23	7.43	48,287	10,975	1,000,247	489,715
2024-12-27	$86.58	$75.00	28.6%	8.3%	36.1%	8.1%	29.5%	0.7%	0.7%	49.3M	-3.02B	-14.8M	0.87	4.80	23,405	20,424	1,006,190	492,209
2024-12-30	$85.65	$75.00	29.4%	8.1%	36.3%	10.9%	29.2%	1.0%	12.8%	43.9M	-2.85B	-14.7M	0.28	8.13	33,602	9,344	987,213	483,856
2024-12-31	$85.28	$75.00	29.2%	8.1%	36.3%	10.1%	29.2%	1.0%	12.9%	40.9M	-2.79B	-14.6M	0.26	5.47	42,357	11,053	998,148	486,632