PayPal Holdings Options Trading: A Deep Dive into Market Sentiment

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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 9 uncommon options trades for PayPal Holdings.

This isn't normal.

The overall sentiment of these big-money traders is split between 22% bullish and 77%, bearish.

Out of all of the special options we uncovered, 2 are puts, for a total amount of $108,020, and 7 are calls, for a total amount of $853,054.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $52.5 to $125.0 for PayPal Holdings over the recent three months.

Analyzing Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in PayPal Holdings's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to PayPal Holdings's substantial trades, within a strike price spectrum from $52.5 to $125.0 over the preceding 30 days.

PayPal Holdings Call and Put Volume: 30-Day Overview

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
PYPL CALL SWEEP BEARISH 01/17/25 $52.50 $301.1K 1.2K 1
PYPL CALL SWEEP BEARISH 02/16/24 $60.00 $221.6K 18.0K 652
PYPL CALL TRADE BEARISH 01/16/26 $95.00 $126.0K 3.3K 211
PYPL CALL TRADE BEARISH 01/17/25 $125.00 $77.3K 5.2K 789
PYPL PUT SWEEP BEARISH 03/15/24 $62.50 $63.3K 1.8K 0

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 435 million active accounts at the end of 2022. The company also owns Venmo, a person-to-person payment platform.

In light of the recent options history for PayPal Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Current Position of PayPal Holdings

  • With a trading volume of 1,195,258, the price of PYPL is up by 0.83%, reaching $60.62.
  • Current RSI values indicate that the stock is may be approaching overbought.
  • Next earnings report is scheduled for 31 days from now.

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.

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