Investors with a lot of money to spend have taken a bullish 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 31 uncommon options trades for PayPal Holdings.
This isn't normal.
The overall sentiment of these big-money traders is split between 61% bullish and 29%, bearish.
Out of all of the special options we uncovered, 7 are puts, for a total amount of $1,907,692, and 24 are calls, for a total amount of $18,441,322.
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 $65.0 and $135.0 for PayPal Holdings, spanning the last three months.
Analyzing 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 $65.0 to $135.0 in the last 30 days.
PayPal Holdings Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PYPL | CALL | TRADE | BEARISH | 06/18/26 | $32.65 | $31.75 | $31.6 | $65.00 | $11.0M | 6.2K | 6.0K |
| PYPL | CALL | SWEEP | BULLISH | 06/18/26 | $33.45 | $31.95 | $32.3 | $65.00 | $2.4M | 6.2K | 930 |
| PYPL | CALL | SWEEP | BULLISH | 06/18/26 | $32.3 | $32.3 | $32.3 | $65.00 | $1.6M | 6.2K | 2.4K |
| PYPL | PUT | TRADE | BULLISH | 01/16/26 | $13.55 | $13.4 | $13.4 | $95.00 | $1.2M | 3.9K | 965 |
| PYPL | CALL | SWEEP | BULLISH | 06/18/26 | $32.3 | $31.95 | $32.3 | $65.00 | $939.9K | 6.2K | 1.9K |
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.
PayPal Holdings's Current Market Status
- With a trading volume of 2,817,036, the price of PYPL is up by 0.35%, reaching $89.88.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 4 days from now.
What Analysts Are Saying About PayPal Holdings
4 market experts have recently issued ratings for this stock, with a consensus target price of $92.75.
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 Citigroup has decided to maintain their Buy rating on PayPal Holdings, which currently sits at a price target of $97. * An analyst from Piper Sandler persists with their Neutral rating on PayPal Holdings, maintaining a target price of $93. * Maintaining their stance, an analyst from Wells Fargo continues to hold a Equal-Weight rating for PayPal Holdings, targeting a price of $80. * Consistent in their evaluation, an analyst from Susquehanna keeps a Positive rating on PayPal Holdings with a target price of $101.
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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