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Smart Money Is Betting Big In PYPL Options

Benzinga ·  Oct 8 22:46

Whales with a lot of money to spend have taken a noticeably bearish stance on PayPal Holdings.

Looking at options history for PayPal Holdings (NASDAQ:PYPL) we detected 20 trades.

If we consider the specifics of each trade, it is accurate to state that 45% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $89,292 and 17, calls, for a total amount of $1,555,850.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $65.0 to $100.0 for PayPal Holdings over the recent three months.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for PayPal Holdings options trades today is 3354.81 with a total volume of 7,438.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for PayPal Holdings's big money trades within a strike price range of $65.0 to $100.0 over the last 30 days.

PayPal Holdings Option Volume And Open Interest Over Last 30 Days

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Noteworthy Options Activity:

SymbolPUT/CALLTrade TypeSentimentExp. DateAskBidPriceStrike PriceTotal Trade PriceOpen InterestVolume
PYPLCALLSWEEPBULLISH12/18/26$22.1$21.1$22.1$77.50$640.9K1.1K290
PYPLCALLSWEEPBULLISH01/16/26$16.05$15.85$16.0$80.00$261.5K5.8K164
PYPLCALLSWEEPBEARISH06/20/25$4.5$4.4$4.5$100.00$112.5K1.8K262
PYPLCALLTRADEBEARISH06/20/25$17.7$17.6$17.6$70.00$88.0K2.4K0
PYPLCALLTRADEBULLISH01/17/25$16.85$16.75$16.85$65.00$84.2K14.3K2

About PayPal Holdings

PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 426 million active accounts at the end of 2023. The company also owns Venmo, a person-to-person payment platform.

Following our analysis of the options activities associated with PayPal Holdings, we pivot to a closer look at the company's own performance.

Current Position of PayPal Holdings

  • With a volume of 1,777,697, the price of PYPL is up 0.75% at $80.86.
  • RSI indicators hint that the underlying stock may be overbought.
  • Next earnings are expected to be released in 22 days.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for PayPal Holdings with Benzinga Pro for real-time alerts.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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