Whales with a lot of money to spend have taken a noticeably bullish stance on PayPal Holdings.
Looking at options history for PayPal Holdings PYPL we detected 19 trades.
If we consider the specifics of each trade, it is accurate to state that 42% of the investors opened trades with bullish expectations and 36% with bearish.
From the overall spotted trades, 9 are puts, for a total amount of $656,672 and 10, calls, for a total amount of $1,080,815.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $32.5 to $100.0 for PayPal Holdings over the last 3 months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for PayPal Holdings options trades today is 5237.28 with a total volume of 8,416.00.
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 $32.5 to $100.0 over the last 30 days.
PayPal Holdings 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PYPL | PUT | TRADE | NEUTRAL | 01/17/25 | $9.9 | $9.75 | $9.83 | $70.00 | $245.7K | 7.1K | 0 |
| PYPL | CALL | SWEEP | NEUTRAL | 01/17/25 | $17.7 | $17.5 | $17.58 | $50.00 | $239.4K | 9.3K | 1.6K |
| PYPL | CALL | SWEEP | NEUTRAL | 03/21/25 | $15.35 | $15.1 | $15.23 | $55.00 | $207.4K | 1.0K | 1.6K |
| PYPL | CALL | SWEEP | BEARISH | 09/20/24 | $6.6 | $6.5 | $6.5 | $62.50 | $193.0K | 922 | 307 |
| PYPL | CALL | SWEEP | BULLISH | 09/20/24 | $5.4 | $5.3 | $5.4 | $65.00 | $135.0K | 6.8K | 260 |
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.
Current Position of PayPal Holdings
- Trading volume stands at 4,096,955, with PYPL's price up by 1.53%, positioned at $63.89.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 79 days.
What The Experts Say On PayPal Holdings
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $72.2.
- An analyst from Baird has decided to maintain their Outperform rating on PayPal Holdings, which currently sits at a price target of $77.
- Maintaining their stance, an analyst from Mizuho continues to hold a Neutral rating for PayPal Holdings, targeting a price of $68.
- An analyst from UBS persists with their Neutral rating on PayPal Holdings, maintaining a target price of $71.
- An analyst from Stephens & Co. has decided to maintain their Equal-Weight rating on PayPal Holdings, which currently sits at a price target of $75.
- An analyst from JMP Securities has decided to maintain their Market Outperform rating on PayPal Holdings, which currently sits at a price target of $70.
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.
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