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 29 uncommon options trades for PayPal Holdings.
This isn't normal.
The overall sentiment of these big-money traders is split between 41% bullish and 44%, bearish.
Out of all of the special options we uncovered, 9 are puts, for a total amount of $1,294,742, and 20 are calls, for a total amount of $2,122,887.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $40.0 to $125.0 for PayPal Holdings over the last 3 months.
Analyzing Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for PayPal Holdings's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across PayPal Holdings's significant trades, within a strike price range of $40.0 to $125.0, over the past month.
PayPal Holdings Option Activity Analysis: Last 30 Days
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 | SWEEP | BEARISH | 01/16/26 | $4.6 | $4.3 | $4.55 | $70.00 | $509.6K | 1.0K | 1.1K |
| PYPL | CALL | SWEEP | BULLISH | 01/16/26 | $11.1 | $11.05 | $11.05 | $95.00 | $507.0K | 17.3K | 567 |
| PYPL | PUT | SWEEP | BEARISH | 07/18/25 | $11.6 | $11.4 | $11.4 | $92.50 | $401.2K | 190 | 352 |
| PYPL | CALL | SWEEP | BULLISH | 06/20/25 | $5.95 | $5.8 | $5.9 | $95.00 | $323.3K | 10.6K | 550 |
| PYPL | CALL | SWEEP | BULLISH | 07/18/25 | $15.3 | $15.25 | $15.3 | $77.50 | $290.7K | 25 | 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.
PayPal Holdings's Current Market Status
- With a trading volume of 4,483,974, the price of PYPL is up by 2.97%, reaching $86.48.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 22 days from now.
What The Experts Say On PayPal Holdings
In the last month, 4 experts released ratings on this stock with an average target price of $104.0.
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. * An analyst from Macquarie has decided to maintain their Outperform rating on PayPal Holdings, which currently sits at a price target of $115. * Consistent in their evaluation, an analyst from Susquehanna keeps a Positive rating on PayPal Holdings with a target price of $101. * Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for PayPal Holdings, targeting a price of $110. * An analyst from Morgan Stanley persists with their Equal-Weight rating on PayPal Holdings, maintaining a target price 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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