PYPL Options History — January 2026

In January 2026, PYPL traded between $52.63 and $59.72. ATM implied volatility averaged 44.4%, placing in the 39.0% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded above realized volatility by 25.2% (HV 20d: 19.2%). Max pain ranged from $60.00 to $62.50. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.54.

Notable Days

  • 2026-01-15: Highest Volume — 197,059 contracts
  • 2026-01-05: Largest IV spike — 16.8% change
  • 2026-01-29: Highest IV Rank — 45.3%
  • 2026-01-30: Largest Expected Move — 15.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.66$52.63$59.72$58.25$52.63
Max Pain$60.13$60.00$62.50$62.50$60.00
ATM IV44.4%34.3%47.3%34.3%47.1%
Expected Move12.6%8.0%15.0%8.0%15.0%
HV 20d19.2%16.5%23.5%16.5%23.5%
HV 60d29.0%25.2%33.4%33.4%25.2%
IV Rank39.0%17.3%45.3%17.3%44.9%
IV Percentile78.5%55.6%86.1%55.6%85.7%
Term Structure-1.6%-3.7%11.3%11.3%-2.9%
VWIV44.6%27.9%53.0%27.9%53.0%
Skew 25d0.0%-8.1%2.2%1.0%-8.1%
Skew 10d-2.3%-18.6%4.3%2.7%-6.0%
Call IV 25d44.7%29.2%48.9%29.2%48.9%
Put IV 25d44.7%30.3%47.9%30.3%40.8%
Bid-Ask Spread %16.399.2826.229.2813.91
Gamma HHI0.060.050.080.060.06
Net GEX6.3M-10.5M27.1M-4.5M-8.4M
Net DEX119.6M-220.3M561.7M211.7M561.7M
Net VEX-18.1M-19.3M-17.0M-17.0M-17.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.131.630.360.60
Total Volume114,708.753,376197,059166,417137,801
Total OI1,867,255.251,658,0132,086,8061,853,6611,857,464

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-01-02$58.25$62.5034.3%8.0%16.5%17.3%27.9%1.0%11.3%-4.5M211.7M-17.0M0.369.28122,04944,3681,267,601586,060
2026-01-05$59.37$60.0040.1%11.7%18.1%29.7%40.6%2.2%-0.2%19.0M-141.5M-17.9M0.3326.2286,15128,1771,270,045592,779
2026-01-06$59.72$60.0042.4%11.6%17.5%34.6%40.9%0.9%-1.9%27.1M-220.3M-18.2M0.6123.9133,75320,5411,299,674601,161
2026-01-07$58.54$60.0044.6%11.9%17.5%39.4%41.7%1.7%-1.6%13.2M-5.8M-17.9M0.7517.4053,79840,2061,309,076611,287
2026-01-08$58.37$60.0044.4%11.7%17.4%39.0%41.2%0.8%-2.9%7.0M68.8M-17.9M0.7225.0044,51532,2321,324,417638,920
2026-01-09$57.54$60.0043.6%11.6%17.4%37.3%41.7%0.8%-1.8%-8.3M260.4M-17.6M0.4821.9699,84047,5651,336,698645,547
2026-01-12$57.28$60.0045.1%12.1%16.9%40.4%42.7%0.6%-2.6%-1.5M255.2M-17.6M0.5314.3967,32835,8261,328,366640,022
2026-01-13$56.50$60.0045.3%12.2%17.2%40.9%42.8%-0.2%-3.3%-10.5M334.9M-17.5M0.3314.1778,74125,9051,350,180646,899
2026-01-14$57.53$60.0046.2%12.4%18.2%42.8%44.7%0.3%-3.0%11.1M-10.6M-18.3M0.4623.6667,69331,0491,377,520650,785
2026-01-15$56.64$60.0045.6%12.5%17.8%41.6%44.9%-1.0%-2.2%-5.1M199.3M-18.1M1.639.9175,046122,0131,397,579661,093
2026-01-16$56.72$60.0045.1%12.3%17.2%40.5%43.7%-0.7%-3.5%11.2M128.6M-18.4M0.7010.0758,95041,1861,432,033654,773
2026-01-20$55.19$60.0046.8%13.3%18.9%44.2%47.0%0.7%-0.9%4.6M185.3M-17.6M0.2622.54119,10331,2871,092,314565,699
2026-01-21$56.06$60.0045.6%13.1%20.1%41.7%47.8%-0.4%-0.9%16.2M-21.4M-18.5M0.1312.73121,85016,1571,137,970578,002
2026-01-22$57.00$60.0044.5%12.9%20.9%39.2%45.9%-0.1%-2.4%23.7M-171.8M-19.0M0.2213.3289,81019,9191,133,902583,656
2026-01-23$56.66$60.0044.4%12.9%20.8%39.0%45.9%0.1%-1.8%22.2M-112.6M-19.3M0.5010.0546,96523,6881,164,575587,207
2026-01-26$56.72$60.0045.0%13.4%20.5%40.2%47.3%-0.0%-3.2%16.2M-106.8M-19.1M0.5110.8235,35718,0191,127,967582,395
2026-01-27$55.47$60.0045.0%13.8%21.6%40.2%48.7%2.2%-1.8%5.1M118.8M-18.5M0.5113.3954,55727,7571,143,296591,083
2026-01-28$53.98$60.0045.9%14.5%23.1%42.3%50.4%-0.8%-3.7%-4.0M362.2M-17.8M0.4823.6397,85846,9391,163,541601,432
2026-01-29$53.06$60.0047.3%14.8%23.5%45.3%52.3%0.3%-2.3%-7.9M495.6M-17.7M0.6111.5293,48456,6911,191,169620,918
2026-01-30$52.63$60.0047.1%15.0%23.5%44.9%53.0%-8.1%-2.9%-8.4M561.7M-17.7M0.6013.9185,85551,9461,224,842632,622