PYPL Options History — November 2025

In November 2025, PYPL traded between $58.13 and $68.34. ATM implied volatility averaged 36.7%, placing in the 22.6% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded below realized volatility by 3.3% (HV 20d: 40.0%). Max pain ranged from $65.00 to $70.00. Net GEX was positive for 13 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.44.

Notable Days

  • 2025-11-14: Highest Volume — 210,301 contracts
  • 2025-11-24: Largest IV drop — 8.2% change
  • 2025-11-19: Highest IV Rank — 30.2%
  • 2025-11-19: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.83$58.13$68.34$68.34$62.73
Max Pain$68.82$65.00$70.00$70.00$65.00
ATM IV36.7%31.3%40.3%39.0%31.3%
Expected Move10.7%9.3%11.6%11.4%9.3%
HV 20d40.0%33.7%47.7%47.7%33.7%
HV 60d36.8%35.8%38.2%35.8%38.2%
IV Rank22.6%10.6%30.2%27.9%10.6%
IV Percentile61.7%38.9%69.4%67.9%38.9%
Term Structure-0.4%-2.9%1.4%-2.3%0.0%
VWIV37.8%32.8%40.7%40.7%32.8%
Skew 25d1.7%-0.4%3.9%-0.1%1.8%
Skew 10d3.4%-1.7%6.5%0.9%6.5%
Call IV 25d36.3%31.0%39.6%38.9%31.0%
Put IV 25d38.1%32.8%42.3%38.8%32.8%
Bid-Ask Spread %20.2110.4632.9716.0219.31
Gamma HHI0.060.040.090.050.09
Net GEX16.7M-17.0M48.7M48.7M42.8M
Net DEX-183.9M-1.14B965.8M-1.14B-445.7M
Net VEX-19.7M-22.3M-16.8M-22.2M-19.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.140.760.440.14
Total Volume127,554.89556,787210,301132,86693,247
Total OI2,037,549.5261,871,2902,122,1202,001,6041,960,193

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-11-03$68.34$70.0039.0%11.4%47.7%27.9%40.7%-0.1%-2.3%48.7M-1.14B-22.2M0.4416.0292,26540,6011,362,387639,217
2025-11-04$66.44$70.0038.2%11.4%46.0%26.1%40.6%-0.4%0.8%26.7M-588.9M-21.4M0.4410.46122,90753,5011,387,159660,652
2025-11-05$68.11$70.0037.3%10.8%45.9%24.1%39.7%0.1%1.4%46.6M-1.07B-22.3M0.2116.4597,50620,1601,425,466683,575
2025-11-06$66.50$70.0037.6%10.9%46.4%24.9%39.0%0.9%-0.5%20.8M-598.9M-21.6M0.2730.3299,70226,9521,426,218685,324
2025-11-07$66.22$70.0037.3%10.9%39.5%24.1%38.2%0.8%0.1%10.6M-446.5M-21.2M0.5032.97100,60050,4841,428,862693,258
2025-11-10$66.16$70.0037.0%10.7%39.0%23.4%38.0%1.6%0.9%22.8M-539.6M-20.8M0.3125.8170,49921,8761,370,017657,868
2025-11-11$67.50$70.0035.9%10.4%39.8%21.2%36.2%0.0%0.4%41.2M-897.4M-21.4M0.5112.1355,06028,3181,394,508665,395
2025-11-12$67.00$70.0035.2%10.0%39.7%19.8%35.6%2.0%-0.3%37.0M-763.6M-21.1M0.4419.5539,38217,4051,401,278668,207
2025-11-13$65.43$70.0036.4%10.4%38.7%21.7%36.9%1.6%-0.0%12.5M-281.1M-20.3M0.4816.5169,50833,1691,409,290672,428
2025-11-14$62.94$70.0036.2%10.5%39.7%21.3%37.2%2.0%0.8%-17.0M342.1M-18.7M0.3219.05159,06351,2381,411,930676,515
2025-11-17$61.73$70.0038.3%11.0%38.5%25.8%39.1%2.4%-2.0%-10.0M528.1M-18.1M0.6114.9184,32551,1671,347,111664,600
2025-11-18$60.82$70.0039.6%11.3%38.2%28.6%40.0%3.2%-0.9%-10.3M657.8M-17.7M0.3619.9597,22535,3851,366,223673,170
2025-11-19$59.86$70.0040.3%11.6%37.6%30.2%40.1%3.9%-2.3%-13.4M809.0M-17.5M0.6125.0498,60659,9161,388,586685,290
2025-11-20$58.13$67.5039.8%11.5%36.7%29.1%39.6%2.6%-2.9%-9.5M965.8M-16.8M0.7621.93101,03776,3411,410,789674,742
2025-11-21$60.58$67.5037.8%10.9%40.7%24.6%38.9%2.9%-1.1%-10.4M256.0M-18.3M0.4832.40116,43955,3931,432,275649,558
2025-11-24$60.57$67.5034.7%10.2%40.3%17.9%36.7%3.1%-0.3%12.7M142.6M-18.0M0.6422.2479,67251,1391,271,885599,405
2025-11-25$61.59$65.0033.7%10.0%37.3%15.9%35.6%2.5%-0.1%28.6M-151.0M-18.7M0.3417.7970,16823,8931,305,252618,490
2025-11-26$62.05$65.0032.1%9.6%34.1%12.5%34.0%2.3%0.1%36.5M-269.7M-19.0M0.4611.1254,36925,0251,322,152624,166
2025-11-28$62.73$65.0031.3%9.3%33.7%10.6%32.8%1.8%0.0%42.8M-445.7M-19.0M0.1419.3181,83911,4081,335,784624,409