PYPL Options History — June 2025

In June 2025, PYPL traded between $68.56 and $74.91. ATM implied volatility averaged 30.5%, placing in the 9.6% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 4.3% (HV 20d: 26.2%). Max pain ranged from $67.50 to $70.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.60.

Notable Days

2025-06-13: Highest Volume — 150,923 contracts
2025-06-30: Largest IV spike — 17.0% change
2025-06-30: Highest IV Rank — 28.8%
2025-06-18: Largest Expected Move — 9.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$72.51	$68.56	$74.91	$70.85	$74.10
Max Pain	$67.88	$67.50	$70.00	$70.00	$67.50
ATM IV	30.5%	26.9%	39.4%	26.9%	39.4%
Expected Move	8.5%	7.9%	9.9%	8.5%	7.9%
HV 20d	26.2%	17.8%	33.7%	21.2%	32.6%
HV 60d	43.9%	42.6%	45.6%	44.2%	43.8%
IV Rank	9.6%	1.9%	28.8%	1.9%	28.8%
IV Percentile	31.5%	2.4%	67.1%	2.4%	67.1%
Term Structure	3.0%	-6.3%	13.5%	6.9%	-2.0%
VWIV	30.1%	28.3%	33.6%	30.0%	29.2%
Skew 25d	3.4%	2.4%	4.4%	4.0%	4.4%
Skew 10d	6.9%	4.6%	18.2%	7.3%	18.2%
Call IV 25d	28.9%	26.6%	40.9%	28.3%	40.9%
Put IV 25d	32.3%	29.2%	45.3%	32.3%	45.3%
Bid-Ask Spread %	11.66	3.57	38.09	3.57	3.87
Gamma HHI	0.08	0.05	0.26	0.05	0.06
Net GEX	52.6M	9.8M	76.5M	40.4M	58.3M
Net DEX	-1.54B	-2.07B	-703.0M	-1.31B	-1.71B
Net VEX	-16.6M	-17.0M	-15.9M	-16.5M	-16.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.60	0.22	1.15	0.85	0.60
Total Volume	60,266.1	24,439	150,923	28,175	35,684
Total OI	1,259,938.8	1,151,515	1,377,327	1,239,691	1,184,199

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
2025-06-02	$70.85	$70.00	26.9%	8.5%	21.2%	1.9%	30.0%	4.0%	6.9%	40.4M	-1.31B	-16.5M	0.85	3.57	15,214	12,961	798,098	441,593
2025-06-03	$71.21	$70.00	29.2%	8.4%	20.5%	6.8%	29.6%	3.3%	0.2%	44.4M	-1.38B	-16.4M	0.72	4.22	14,214	10,225	803,312	450,477
2025-06-04	$72.78	$70.00	28.8%	8.3%	21.5%	6.0%	30.0%	3.0%	1.0%	59.3M	-1.71B	-16.7M	0.39	4.96	45,500	17,881	807,564	452,278
2025-06-05	$72.49	$67.50	32.4%	8.6%	21.6%	13.8%	29.8%	3.1%	-6.3%	59.7M	-1.63B	-16.8M	0.31	18.64	49,530	15,258	814,021	454,765
2025-06-06	$73.48	$67.50	28.4%	8.4%	19.8%	5.2%	28.8%	2.7%	0.6%	65.3M	-1.84B	-16.8M	0.61	7.87	30,179	18,308	816,931	459,799
2025-06-09	$73.60	$67.50	28.6%	8.5%	19.4%	5.6%	29.5%	2.9%	0.9%	59.6M	-1.81B	-16.7M	0.64	11.20	29,251	18,847	810,432	449,854
2025-06-10	$74.55	$67.50	28.1%	8.1%	17.9%	4.4%	29.0%	2.5%	0.2%	67.0M	-2.01B	-17.0M	0.51	11.22	32,259	16,479	818,771	459,634
2025-06-11	$74.50	$67.50	28.8%	8.1%	17.8%	5.9%	28.7%	3.0%	-1.0%	68.7M	-1.99B	-16.8M	1.07	11.43	19,316	20,616	825,485	464,281
2025-06-12	$74.91	$67.50	27.7%	8.1%	17.9%	3.6%	28.7%	2.4%	0.7%	76.5M	-2.07B	-16.9M	0.69	18.31	18,729	12,899	829,112	472,401
2025-06-13	$70.70	$67.50	32.0%	9.4%	27.3%	12.8%	33.6%	3.5%	1.1%	23.4M	-1.10B	-16.3M	0.66	37.53	90,868	60,055	832,066	477,452
2025-06-16	$72.22	$67.50	29.3%	8.4%	28.3%	7.0%	30.0%	3.1%	0.3%	44.3M	-1.47B	-16.7M	0.55	11.61	21,381	11,806	828,395	483,957
2025-06-17	$70.68	$67.50	31.5%	9.1%	29.3%	11.8%	31.2%	4.0%	-0.6%	30.0M	-1.13B	-16.3M	1.15	3.96	13,981	16,121	834,036	486,615
2025-06-18	$68.56	$67.50	34.4%	9.9%	31.0%	17.9%	33.6%	4.3%	-2.5%	9.8M	-703.0M	-15.9M	0.69	38.09	75,326	52,170	836,699	493,261
2025-06-20	$69.99	$67.50	31.4%	9.0%	32.0%	11.6%	32.0%	4.3%	-0.8%	74.8M	-1.05B	-16.3M	0.97	18.74	41,589	40,441	868,929	508,398
2025-06-23	$72.02	$67.50	30.7%	8.6%	33.7%	10.0%	31.0%	3.4%	10.8%	41.1M	-1.38B	-16.6M	0.45	7.57	41,212	18,465	729,272	422,243
2025-06-24	$73.81	$67.50	28.3%	8.1%	33.6%	4.9%	28.8%	2.9%	12.4%	56.9M	-1.72B	-16.7M	0.26	4.28	78,384	20,673	742,369	433,102
2025-06-25	$73.22	$67.50	29.0%	8.2%	33.0%	6.4%	31.4%	3.6%	11.1%	53.4M	-1.57B	-16.7M	0.41	7.37	31,999	13,006	752,793	436,845
2025-06-26	$73.15	$67.50	31.0%	8.1%	33.0%	10.8%	29.6%	4.3%	13.2%	54.2M	-1.56B	-16.7M	0.22	4.33	63,889	14,271	761,333	443,941
2025-06-27	$73.42	$67.50	33.7%	7.9%	32.8%	16.5%	28.3%	3.3%	13.5%	65.2M	-1.61B	-16.6M	0.27	4.35	52,048	14,287	768,442	445,621
2025-06-30	$74.10	$67.50	39.4%	7.9%	32.6%	28.8%	29.2%	4.4%	-2.0%	58.3M	-1.71B	-16.4M	0.60	3.87	22,293	13,391	749,991	434,208