PYPL Options History — August 2025

In August 2025, PYPL traded between $66.86 and $70.63. ATM implied volatility averaged 28.3%, placing in the 4.8% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded below realized volatility by 11.3% (HV 20d: 39.5%). Max pain ranged from $70.00 to $70.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.43.

Notable Days

2025-08-01: Highest Volume — 167,453 contracts
2025-08-04: Largest IV drop — 8.2% change
2025-08-21: Highest IV Rank — 9.0%
2025-08-01: Largest Expected Move — 8.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$68.87	$66.86	$70.63	$66.86	$70.09
Max Pain	$70.00	$70.00	$70.00	$70.00	$70.00
ATM IV	28.3%	26.4%	30.2%	30.2%	27.9%
Expected Move	8.2%	7.7%	8.7%	8.7%	7.9%
HV 20d	39.5%	24.7%	46.2%	44.7%	24.7%
HV 60d	34.8%	34.0%	35.4%	34.4%	35.1%
IV Rank	4.8%	0.7%	9.0%	8.9%	4.0%
IV Percentile	15.7%	1.6%	37.7%	34.5%	9.9%
Term Structure	0.1%	-0.8%	1.3%	-0.3%	0.3%
VWIV	28.9%	27.0%	30.7%	30.7%	28.0%
Skew 25d	1.4%	0.7%	2.4%	2.4%	1.3%
Skew 10d	2.9%	1.6%	4.2%	4.2%	2.9%
Call IV 25d	28.1%	26.2%	29.9%	29.6%	27.5%
Put IV 25d	29.5%	27.7%	32.1%	32.0%	28.8%
Bid-Ask Spread %	10.90	2.47	27.56	27.56	12.55
Gamma HHI	0.08	0.05	0.33	0.08	0.33
Net GEX	44.5M	1.6M	114.8M	1.6M	114.8M
Net DEX	-722.3M	-1.24B	-588.8K	-588.8K	-1.05B
Net VEX	-15.5M	-16.1M	-14.7M	-14.7M	-15.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.43	0.21	0.61	0.49	0.21
Total Volume	72,848.476	34,835	167,453	167,453	93,732
Total OI	1,352,365.952	1,272,952	1,429,209	1,427,190	1,338,824

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
2025-08-01	$66.86	$70.00	30.2%	8.7%	44.7%	8.9%	30.7%	2.4%	-0.3%	1.6M	-588.8K	-14.7M	0.49	27.56	112,715	54,738	915,471	511,719
2025-08-04	$68.15	$70.00	27.7%	8.2%	45.6%	3.6%	29.2%	1.5%	-0.2%	22.8M	-489.6M	-15.1M	0.31	2.47	65,239	20,393	846,862	487,715
2025-08-05	$67.97	$70.00	27.6%	8.1%	45.4%	3.5%	28.2%	1.6%	1.3%	23.8M	-449.3M	-15.0M	0.36	27.45	33,970	12,362	870,408	495,985
2025-08-06	$69.24	$70.00	27.3%	7.9%	46.2%	2.8%	28.1%	1.3%	-0.0%	46.1M	-741.9M	-15.3M	0.32	7.66	49,742	15,677	881,882	493,230
2025-08-07	$68.32	$70.00	27.9%	8.1%	45.8%	4.1%	28.4%	1.7%	0.4%	34.4M	-539.4M	-15.2M	0.37	19.22	58,294	21,756	892,665	493,313
2025-08-08	$67.69	$70.00	26.4%	7.7%	41.1%	0.7%	27.0%	1.5%	0.2%	20.0M	-388.9M	-15.1M	0.35	21.39	71,721	25,101	908,135	498,320
2025-08-11	$67.16	$70.00	27.5%	8.0%	38.9%	3.3%	28.1%	1.3%	0.3%	19.3M	-324.0M	-14.8M	0.36	3.33	40,729	14,838	873,901	489,613
2025-08-12	$67.97	$70.00	27.1%	7.9%	39.3%	2.3%	28.0%	1.1%	0.4%	30.8M	-502.8M	-15.0M	0.48	3.74	38,388	18,286	885,445	493,252
2025-08-13	$70.63	$70.00	27.6%	8.1%	42.0%	3.3%	28.2%	1.0%	0.6%	76.7M	-1.24B	-16.0M	0.34	11.69	84,792	28,747	899,701	494,786
2025-08-14	$69.41	$70.00	28.6%	8.2%	42.0%	5.6%	29.1%	0.7%	-0.2%	58.6M	-877.3M	-15.9M	0.52	3.06	47,622	24,785	906,697	501,802
2025-08-15	$69.38	$70.00	27.9%	8.1%	42.0%	4.1%	28.9%	0.9%	0.2%	50.8M	-836.4M	-15.9M	0.35	27.47	74,148	26,267	921,674	507,535
2025-08-18	$69.72	$70.00	27.8%	8.0%	41.7%	3.9%	29.1%	1.3%	0.0%	45.8M	-930.4M	-15.9M	0.44	16.79	39,771	17,635	819,424	453,528
2025-08-19	$69.09	$70.00	28.8%	8.3%	41.2%	6.1%	29.3%	1.5%	0.1%	38.6M	-784.9M	-15.7M	0.48	8.41	31,988	15,273	831,495	460,964
2025-08-20	$68.16	$70.00	29.3%	8.4%	41.0%	7.1%	29.9%	1.8%	-0.8%	26.3M	-600.0M	-15.5M	0.32	3.84	53,838	17,399	839,898	466,188
2025-08-21	$67.53	$70.00	30.2%	8.7%	40.2%	9.0%	30.3%	2.2%	-0.4%	18.3M	-478.7M	-15.5M	0.61	3.44	42,777	25,902	837,061	471,507
2025-08-22	$69.93	$70.00	28.5%	8.1%	42.7%	5.2%	29.7%	1.2%	0.2%	80.8M	-1.05B	-16.0M	0.46	10.72	68,766	31,705	857,514	474,325
2025-08-25	$69.41	$70.00	29.0%	8.3%	42.7%	6.4%	29.4%	1.0%	-0.3%	46.4M	-889.8M	-15.8M	0.53	3.07	25,485	13,606	831,769	469,550
2025-08-26	$69.85	$70.00	28.7%	8.3%	28.6%	5.8%	29.3%	1.5%	0.2%	53.9M	-992.5M	-16.0M	0.61	3.84	21,668	13,167	840,904	475,481
2025-08-27	$69.64	$70.00	28.9%	8.3%	27.3%	6.2%	30.0%	1.4%	-0.1%	55.4M	-947.6M	-15.9M	0.50	5.81	26,151	12,955	847,751	479,725
2025-08-28	$70.03	$70.00	28.4%	8.1%	26.9%	5.1%	28.8%	1.2%	0.3%	69.0M	-1.05B	-16.1M	0.61	5.34	23,479	14,211	853,378	480,288
2025-08-29	$70.09	$70.00	27.9%	7.9%	24.7%	4.0%	28.0%	1.3%	0.3%	114.8M	-1.05B	-15.8M	0.21	12.55	77,628	16,104	858,173	480,651