Investors with a lot of money to spend have taken a bearish stance on PayPal Holdings PYPL.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with PYPL, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 35 uncommon options trades for PayPal Holdings.
This isn't normal.
The overall sentiment of these big-money traders is split between 31% bullish and 48%, bearish.
Out of all of the special options we uncovered, 14 are puts, for a total amount of $2,098,260, and 21 are calls, for a total amount of $1,592,851.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $35.0 and $110.0 for PayPal Holdings, spanning the last three months.
Volume & Open Interest Trends
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 $35.0 to $110.0 in the last 30 days.
PayPal Holdings 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PYPL | PUT | TRADE | NEUTRAL | 01/16/26 | $16.8 | $16.45 | $16.65 | $95.00 | $1.4M | 2.7K | 850 |
| PYPL | CALL | TRADE | BEARISH | 03/21/25 | $4.0 | $3.95 | $3.95 | $90.00 | $179.7K | 6.3K | 472 |
| PYPL | PUT | TRADE | BULLISH | 04/17/25 | $3.75 | $3.5 | $3.55 | $80.00 | $177.5K | 862 | 0 |
| PYPL | CALL | TRADE | NEUTRAL | 01/16/26 | $17.0 | $16.7 | $16.85 | $80.00 | $168.5K | 5.8K | 164 |
| PYPL | CALL | TRADE | NEUTRAL | 02/21/25 | $4.9 | $4.75 | $4.83 | $85.00 | $143.4K | 2.9K | 325 |
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.
After a thorough review of the options trading surrounding PayPal Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is PayPal Holdings Standing Right Now?
- Trading volume stands at 5,988,810, with PYPL's price down by -5.46%, positioned at $83.14.
- RSI indicators show the stock to be may be approaching oversold.
- Earnings announcement expected in 26 days.
What Analysts Are Saying About PayPal Holdings
In the last month, 5 experts released ratings on this stock with an average target price of $101.6.
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. * In a cautious move, an analyst from RBC Capital downgraded its rating to Outperform, setting a price target of $100. * Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on PayPal Holdings with a target price of $110. * Maintaining their stance, an analyst from Susquehanna continues to hold a Positive rating for PayPal Holdings, targeting a price of $101. * An analyst from Wolfe Research has elevated its stance to Outperform, setting a new price target at $107. * An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on PayPal Holdings, which currently sits at a price target of $90.
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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