PYPL Options History — January 2025

In January 2025, PYPL traded between $83.41 and $91.48. ATM implied volatility averaged 43.9%, placing in the 60.2% IV rank vs the trailing year. The 30-day expected move averaged 12.3%. IV traded above realized volatility by 10.0% (HV 20d: 33.9%). Max pain ranged from $75.00 to $87.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.47.

Notable Days

  • 2025-01-17: Highest Volume — 187,677 contracts
  • 2025-01-06: Largest IV spike — 22.6% change
  • 2025-01-30: Highest IV Rank — 76.3%
  • 2025-01-30: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$88.33$83.41$91.48$86.26$88.75
Max Pain$84.13$75.00$87.50$75.00$87.50
ATM IV43.9%32.9%47.1%32.9%44.6%
Expected Move12.3%7.7%14.3%8.5%13.9%
HV 20d33.9%30.0%39.5%36.0%32.3%
HV 60d31.7%29.6%33.2%29.7%31.0%
IV Rank60.2%21.9%76.3%21.9%70.3%
IV Percentile72.7%52.0%81.0%52.0%73.8%
Term Structure-0.5%-3.6%15.3%13.9%-2.4%
VWIV43.6%27.3%51.8%30.6%48.9%
Skew 25d1.1%-0.4%2.4%1.2%1.2%
Skew 10d1.8%-0.6%5.9%1.9%2.5%
Call IV 25d43.7%27.7%47.9%29.8%45.3%
Put IV 25d44.9%28.8%49.6%31.0%46.5%
Bid-Ask Spread %12.114.4124.515.034.41
Gamma HHI0.100.080.160.100.08
Net GEX52.4M27.0M90.2M52.9M30.2M
Net DEX-2.79B-4.18B-2.03B-3.00B-2.03B
Net VEX-14.2M-14.5M-13.9M-14.5M-14.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.200.630.600.33
Total Volume65,425.123,890187,67730,43895,646
Total OI1,249,044.25902,8991,565,9251,491,034940,406

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-01-02$86.26$75.0032.9%8.5%36.0%21.9%30.6%1.2%13.9%52.9M-3.00B-14.5M0.605.0319,05311,3851,004,059486,975
2025-01-03$87.51$75.0033.6%7.7%30.0%24.3%27.3%1.1%15.3%64.9M-3.25B-14.4M0.4311.1538,72116,5001,008,370487,833
2025-01-06$89.31$85.0041.2%11.6%30.8%48.5%41.7%-0.4%-1.9%77.2M-3.59B-14.1M0.4619.1147,92422,165999,981485,576
2025-01-07$87.73$85.0043.2%11.8%31.4%54.9%41.8%1.7%-2.0%62.8M-3.26B-14.1M0.6220.5116,75710,3851,003,514493,448
2025-01-08$87.95$85.0045.4%11.8%31.3%61.8%42.0%1.4%-1.7%65.7M-3.28B-14.2M0.6021.1820,83512,5201,006,985497,513
2025-01-10$83.41$85.0047.1%12.4%35.7%67.3%44.1%1.8%-3.6%27.0M-2.36B-14.1M0.5723.7676,20743,6761,009,214503,431
2025-01-13$83.68$85.0046.3%12.5%34.2%64.8%44.1%2.2%-1.5%33.9M-2.48B-14.0M0.4424.5138,30816,8341,006,772503,476
2025-01-14$86.85$85.0046.3%12.5%37.0%64.5%45.2%0.7%-1.8%59.0M-3.17B-14.2M0.329.5558,80818,6561,015,324507,638
2025-01-15$89.77$85.0044.9%12.1%38.6%60.3%43.0%-0.2%-2.4%88.0M-3.78B-14.0M0.3120.3774,08923,0951,019,913515,630
2025-01-16$89.38$85.0044.3%11.9%38.6%58.3%42.4%1.3%-3.3%90.2M-3.69B-14.1M0.3713.1232,82812,0421,035,963526,157
2025-01-17$91.48$85.0045.2%12.3%39.5%61.0%43.6%1.5%-3.2%68.8M-4.18B-13.9M0.2920.56145,09642,5811,037,034528,891
2025-01-21$89.85$85.0044.1%12.5%33.1%57.8%44.2%0.8%-1.6%47.6M-2.39B-14.4M0.204.4785,48816,998581,830327,885
2025-01-22$90.08$85.0044.4%12.7%32.7%58.5%44.5%0.6%-1.1%54.9M-2.36B-14.3M0.527.1629,08615,098580,816334,387
2025-01-23$89.32$85.0044.8%12.9%32.8%59.9%45.4%1.0%-1.2%37.6M-2.18B-14.3M0.5910.4625,95015,318583,109343,458
2025-01-24$88.95$85.0044.9%13.0%32.7%68.4%45.8%0.4%-1.8%29.0M-2.12B-14.3M0.385.4655,62821,075590,939347,661
2025-01-27$90.14$85.0046.3%13.9%32.5%74.8%48.6%1.0%-0.3%44.6M-2.31B-14.3M0.565.1522,17612,391561,426341,473
2025-01-28$88.38$85.0046.0%13.9%33.3%75.7%48.4%2.4%-2.7%34.7M-2.05B-14.3M0.586.3826,19015,299566,157345,634
2025-01-29$88.81$85.0046.1%14.1%32.7%75.8%49.3%1.5%-2.4%38.5M-2.11B-14.2M0.595.2415,0508,840572,455350,237
2025-01-30$89.01$85.0046.2%14.3%32.3%76.3%51.8%1.8%-3.5%40.2M-2.13B-14.2M0.634.7330,49319,311576,195353,120
2025-01-31$88.75$87.5044.6%13.9%32.3%70.3%48.9%1.2%-2.4%30.2M-2.03B-14.0M0.334.4171,80623,840577,953362,453