PayPal (PYPL) Options Chain

NASDAQ: PYPLIndustrialsDiversified Commercial ServicesUSD

55.53+0.51 (+0.93%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 69
Share price: $55.53
Put/call ratio (OI): 0.55
Put/call ratio (volume): 0.51
ATM implied volatility: 40.2%
Expected move: ±$9.69
Open interest (C / P): 131.33K / 71.89K

PYPL options summary

The PYPL options chain for the December 18, 2026 expiration lists 40 call and 40 put contracts, with 69 days until expiration. Open interest stands at 131,327 calls and 71,892 puts, a put/call ratio of 0.55, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $55.00 strike is 40.2%, which implies the market expects a move of about ±$9.69 (17.5%) in PayPal stock by expiration.

The most open interest sits at the $65.00 call (20.48K contracts) and the $20.00 put (10.61K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

PYPL options chain · December 18, 2026

PYPL calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
5	5	202.3%	39.00	33.15	37.20	20.00	0.00	0.05	0.01	93.0%	1	10,608
2	1	312.0%	20.60	37.35	41.50	22.50	0.00	0.00	0.01	50.0%	2	0
58	6	160.4%	33.30	28.10	32.10	25.00	0.00	0.10	0.02	80.5%	3	427
47	1	83.8%	25.70	26.10	30.25	27.50	0.01	0.15	0.03	76.6%	2	217
972	6	76.6%	24.80	24.40	27.00	30.00	0.01	0.16	0.02	68.4%	11	1,593
256	1	67.8%	23.05	21.15	25.25	32.50	0.00	0.10	0.02	55.9%	13	2,692
277	3	86.5%	18.06	19.40	21.40	35.00	0.01	0.24	0.06	56.5%	15	2,461
120	1	69.3%	17.05	17.00	20.30	37.50	0.00	0.30	0.08	50.7%	28	1,625
1,133	5	76.3%	14.60	14.50	16.85	40.00	0.10	0.19	0.13	45.6%	70	5,618
1,194	3	51.0%	13.40	13.05	14.20	42.50	0.22	0.36	0.28	44.6%	11	1,524
791	1	50.6%	11.16	10.55	12.50	45.00	0.44	0.73	0.50	45.6%	23	4,680
1,586	1	60.2%	8.98	8.35	10.30	47.50	0.50	1.10	0.86	43.3%	46	2,241
2,667	4	44.3%	7.10	6.75	7.40	50.00	1.21	1.50	1.42	39.5%	85	9,699
4,282	5	41.7%	5.25	5.30	5.60	52.50	2.10	2.92	2.29	45.6%	4	3,192
7,207	82	42.1%	4.00	3.95	4.30	55.00	3.25	3.40	3.21	38.2%	13	6,085
PYPL $55.53
2,138	25	42.0%	2.92	2.60	3.20	57.50	4.50	5.35	4.63	43.9%	9	3,306
10,879	70	39.7%	2.03	1.93	2.13	60.00	6.10	6.65	6.68	40.3%	10	6,054
3,070	14	39.6%	1.35	1.32	1.48	62.50	6.50	8.75	8.70	43.3%	8	2,087
20,481	128	39.5%	0.96	0.88	1.00	65.00	8.40	12.05	12.65	59.6%	10	4,500
7,009	6	41.6%	0.66	0.58	0.79	67.50	12.05	13.15	6.85	47.8%	1	23
6,540	3	40.9%	0.39	0.30	0.50	70.00	12.75	15.80	15.10	55.3%	1	2,315
1,355	5	46.7%	0.24	0.01	0.57	72.50	15.80	18.45	18.23	62.5%	1	13
3,771	1	49.0%	0.35	0.10	0.49	75.00	19.10	20.85	19.55	65.7%	1	23
1,396	1	45.7%	0.24	0.10	0.25	77.50	20.95	23.35	23.61	70.1%	1	4
7,009	141	42.4%	0.11	0.08	0.11	80.00	22.50	25.65	24.33	70.9%	2	863
1,452	1	48.1%	0.09	0.02	0.16	82.50	25.30	28.65	29.87	83.2%	7	0
2,918	1	50.5%	0.13	0.00	0.15	85.00	28.40	31.55	31.11	63.6%	1	0
1,190	6	53.2%	0.03	0.02	0.15	87.50	23.75	27.45	40.85	—	8	0
10,877	1	47.9%	0.03	0.02	0.05	90.00	0.00	0.00	27.67	—	1	0
1,152	1	64.3%	0.17	0.00	0.53	92.50	45.80	49.70	39.70	206.0%	1	0
2,853	1	55.1%	0.01	0.00	0.15	95.00	0.00	0.00	50.83	—	2	0
354	1	50.0%	0.06	0.00	0.05	97.50	35.60	37.85	29.30	—	2	31
8,315	60	53.1%	0.02	0.00	0.03	100.00	42.10	46.05	55.70	105.4%	1	0
1,401	1	73.2%	0.07	0.01	0.40	105.00	40.00	42.70	31.95	—	2	11
990	1	64.1%	0.02	0.00	0.10	110.00	45.70	47.85	34.55	—	2	0
659	25	62.5%	0.01	0.00	0.05	115.00	53.05	57.35	53.67	—	2	0
796	8	62.5%	0.02	0.00	0.03	120.00	77.60	81.50	61.50	287.4%	1	0
3,421	101	68.8%	0.02	0.00	0.05	125.00	52.95	54.75	38.00	—	4	0
4,798	88	71.9%	0.03	0.00	0.05	130.00	0.00	0.00	68.23	—	10	0
5,906	1	68.8%	0.02	0.00	0.02	135.00	0.00	0.00	90.50	—	1	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the PYPL put/call ratio?

For the December 18, 2026 expiration, the PYPL put/call ratio based on open interest is 0.55 (71,892 puts vs 131,327 calls), and 0.51 based on today's volume. A ratio above 1 means more puts than calls.

What is PYPL's implied volatility?

At-the-money implied volatility for PYPL options expiring December 18, 2026 is about 40.2%, an annualized estimate of how much the market expects PayPal stock to move.

How many PYPL option expiration dates are there?

PYPL has 16 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.