PayPal Holdings, Inc. (PYPL) Volatility Skew

Implied volatility skew shows how IV varies across strike prices for a given expiration. Steeper skews indicate higher demand for downside protection relative to upside speculation.

Snapshot as of Apr 21, 2026.

Spot Price
$50.88
ATM IV
50.0%
IV Skew 25Δ
0.01

As of Apr 21, 2026, PayPal Holdings, Inc. (PYPL) at-the-money implied volatility is 50.0%. The 25-delta skew is +0.005 — skew is roughly flat across the 25-delta wings. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.