PayPal Holdings Options Trading: A Deep Dive into Market Sentiment

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 9 uncommon options trades for PayPal Holdings.

This isn't normal.

The overall sentiment of these big-money traders is split between 55% bullish and 44%, bearish.

Out of all of the special options we uncovered, 2 are puts, for a total amount of $154,900, and 7 are calls, for a total amount of $239,610.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $50.0 and $80.0 for PayPal Holdings, spanning the last three months.

Volume & Open Interest Trends

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

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 activity within a strike price range from $50.0 to $80.0 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 SWEEP BULLISH 01/17/25 $16.6 $16.5 $16.5 $80.00 $128.7K 4.3K 78
PYPL CALL TRADE BEARISH 04/19/24 $7.9 $7.25 $7.25 $60.00 $72.5K 15.4K 0
PYPL CALL TRADE BULLISH 08/16/24 $6.9 $6.85 $6.9 $67.50 $32.4K 427 15
PYPL CALL SWEEP BULLISH 04/12/24 $3.0 $2.99 $3.0 $64.00 $30.0K 983 102
PYPL CALL TRADE BEARISH 06/21/24 $17.75 $17.65 $17.65 $50.00 $26.4K 2.3K 15

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.

Following our analysis of the options activities associated with PayPal Holdings, we pivot to a closer look at the company's own performance.

Present Market Standing of PayPal Holdings

  • With a trading volume of 1,416,253, the price of PYPL is up by 0.9%, reaching $66.94.
  • Current RSI values indicate that the stock is may be approaching overbought.
  • Next earnings report is scheduled for 21 days from now.

What The Experts Say On PayPal Holdings

2 market experts have recently issued ratings for this stock, with a consensus target price of $67.0.

  • In a cautious move, an analyst from RBC Capital downgraded its rating to Outperform, setting a price target of $74.
  • An analyst from Evercore ISI Group persists with their In-Line rating on PayPal Holdings, maintaining a target price 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
Date of Trade
Strike Price
Posted In: OptionsMarketsBZI-UOA
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