Spotlight on PayPal Holdings: Analyzing the Surge in Options Activity

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 positions 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.

Today, Benzinga's options scanner spotted 10 options trades for PayPal Holdings.

This isn't normal.

The overall sentiment of these big-money traders is split between 100% bullish and 0%, bearish.

Out of all of the options we uncovered, there was 1 put, for a total amount of $67,080, and 9, calls, for a total amount of $1,093,577.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $52.5 to $62.5 for PayPal Holdings during the past quarter.

Insights into 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 $52.5 to $62.5, over the past month.

PayPal Holdings Call and Put Volume: 30-Day Overview

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
PYPL CALL SWEEP BULLISH 01/16/26 $60.00 $293.0K 12.0K 301
PYPL CALL SWEEP BULLISH 01/16/26 $60.00 $219.7K 12.0K 501
PYPL CALL SWEEP BULLISH 01/16/26 $60.00 $219.0K 12.0K 1
PYPL CALL SWEEP BULLISH 01/16/26 $60.00 $138.7K 12.0K 151
PYPL PUT TRADE BULLISH 06/21/24 $60.00 $67.0K 10.5K 129

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.

Having examined the options trading patterns of PayPal Holdings, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

PayPal Holdings's Current Market Status

  • With a volume of 1,560,501, the price of PYPL is up 0.67% at $58.51.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 60 days.

What Analysts Are Saying About PayPal Holdings

A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $65.6.

  • In a cautious move, an analyst from Daiwa Capital downgraded its rating to Neutral, setting a price target of $62.
  • An analyst from Citigroup has decided to maintain their Buy rating on PayPal Holdings, which currently sits at a price target of $73.
  • An analyst from UBS persists with their Neutral rating on PayPal Holdings, maintaining a target price of $63.
  • Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for PayPal Holdings, targeting a price of $70.
  • An analyst from DZ Bank downgraded its action to Hold with a price target of $60.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for PayPal Holdings, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs
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Posted In: OptionsMarketsBZI-UOA
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