Financial giants have made a conspicuous bullish move on PayPal Holdings. Our analysis of options history for PayPal Holdings (NASDAQ:PYPL) revealed 14 unusual trades.
Delving into the details, we found 42% of traders were bullish, while 28% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $217,142, and 9 were calls, valued at $546,600.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $40.0 and $120.0 for PayPal Holdings, spanning the last three months.
Insights into Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for PayPal Holdings's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of PayPal Holdings's whale trades within a strike price range from $40.0 to $120.0 in the last 30 days.
PayPal Holdings 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PYPL | CALL | TRADE | BEARISH | 01/17/25 | $6.75 | $6.6 | $6.6 | $80.00 | $132.0K | 21.5K | 200 |
| PYPL | CALL | SWEEP | NEUTRAL | 11/01/24 | $11.35 | $11.15 | $11.23 | $70.00 | $112.4K | 111 | 100 |
| PYPL | PUT | SWEEP | BEARISH | 10/25/24 | $0.57 | $0.52 | $0.56 | $79.00 | $57.8K | 3.8K | 2.4K |
| PYPL | PUT | TRADE | BULLISH | 01/17/25 | $24.85 | $24.7 | $24.75 | $105.00 | $49.5K | 91 | 20 |
| PYPL | CALL | TRADE | NEUTRAL | 01/15/27 | $44.4 | $43.6 | $44.0 | $42.50 | $48.4K | 399 | 12 |
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.
Where Is PayPal Holdings Standing Right Now?
- With a trading volume of 3,158,821, the price of PYPL is down by -0.64%, reaching $80.42.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 8 days from now.
Expert Opinions on PayPal Holdings
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $84.8.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access.* An analyst from Stephens & Co. persists with their Equal-Weight rating on PayPal Holdings, maintaining a target price of $85. * An analyst from Deutsche Bank persists with their Buy rating on PayPal Holdings, maintaining a target price of $94. * Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on PayPal Holdings with a target price of $92. * Consistent in their evaluation, an analyst from BMO Capital keeps a Market Perform rating on PayPal Holdings with a target price of $73. * An analyst from Bernstein downgraded its action to Market Perform with a price target of $80.
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.
