Decoding PayPal Holdings's Options Activity: What's the Big Picture?

Financial giants have made a conspicuous bearish move on PayPal Holdings. Our analysis of options history for PayPal Holdings PYPL revealed 23 unusual trades.

Delving into the details, we found 47% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $794,583, and 17 were calls, valued at $1,552,069.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $40.0 to $100.0 for PayPal Holdings over the recent 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 $100.0 in the last 30 days.

PayPal Holdings 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

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.

Where Is PayPal Holdings Standing Right Now?

• Trading volume stands at 6,921,467, with PYPL's price down by -0.03%, positioned at $58.99.
• RSI indicators show the stock to be may be approaching overbought.
• Earnings announcement expected in 56 days.

What The Experts Say On PayPal Holdings

2 market experts have recently issued ratings for this stock, with a consensus target price of $62.5.

• Reflecting concerns, an analyst from Daiwa Capital lowers its rating to Neutral with a new price target of $62.
• Consistent in their evaluation, an analyst from UBS keeps a Neutral rating on PayPal Holdings with a target price of $63.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest PayPal Holdings options trades with real-time alerts from Benzinga Pro.