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: Jan 15, 2027
Days to expiration: 97
Share price: $55.53
Put/call ratio (OI): 0.33
Put/call ratio (volume): 0.81
ATM implied volatility: 37.2%
Expected move: ±$10.65
Open interest (C / P): 336.74K / 111.46K

PYPL options summary

The PYPL options chain for the January 15, 2027 expiration lists 40 call and 40 put contracts, with 97 days until expiration. Open interest stands at 336,740 calls and 111,462 puts, a put/call ratio of 0.33, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $55.00 strike is 37.2%, which implies the market expects a move of about ±$10.65 (19.2%) in PayPal stock by expiration.

The most open interest sits at the $100.00 call (61.93K contracts) and the $20.00 put (14.56K contracts).

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

PYPL options chain · January 15, 2027

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
21	1	92.8%	32.35	33.55	37.70	20.00	0.00	0.05	0.01	78.1%	9	14,558
26	1	153.9%	36.25	30.60	34.75	22.50	0.00	0.00	0.02	50.0%	3	0
27	2	134.6%	31.70	28.15	32.10	25.00	0.00	0.23	0.08	76.2%	10	84
224	5	120.0%	26.00	26.25	29.55	27.50	0.00	0.52	0.13	78.1%	10	997
1,942	20	107.8%	24.90	23.75	27.05	30.00	0.01	0.10	0.03	53.9%	3	2,984
2,534	1	74.8%	23.13	22.00	23.65	32.50	0.01	0.09	0.05	51.2%	2	1,906
1,268	8	73.8%	20.50	19.65	21.45	35.00	0.05	0.10	0.10	45.7%	6	4,965
172	20	71.1%	16.50	17.20	19.25	37.50	0.10	0.40	0.16	52.1%	28	7,543
2,428	11	57.8%	16.09	15.70	16.50	40.00	0.16	0.46	0.23	46.7%	53	11,213
5,589	5	57.8%	13.50	12.70	14.50	42.50	0.21	0.70	0.43	44.9%	1	6,339
5,590	10	52.0%	11.50	11.15	12.20	45.00	0.65	0.80	0.73	39.4%	50	12,324
3,818	5	57.2%	8.80	9.30	10.90	47.50	1.07	1.19	1.09	37.5%	19	3,040
15,402	423	41.4%	7.61	7.05	7.80	50.00	1.62	1.96	1.72	38.2%	101	12,951
2,156	23	41.1%	6.03	5.85	6.25	52.50	2.29	2.67	2.64	35.9%	1	2,758
12,324	81	38.8%	4.60	4.45	4.70	55.00	3.45	3.80	3.64	35.6%	5	10,808
PYPL $55.53
6,662	86	37.9%	3.40	3.35	3.50	57.50	4.60	6.20	4.99	44.2%	3	1,350
24,903	180	37.6%	2.53	2.40	2.60	60.00	6.35	7.00	6.50	37.0%	5	6,758
4,419	71	37.0%	1.79	1.72	1.85	62.50	8.05	9.05	9.11	39.3%	4	1,747
9,447	44	36.9%	1.32	1.21	1.32	65.00	8.70	12.35	10.85	52.9%	2	6,653
2,535	2	38.7%	0.88	0.85	1.07	67.50	10.60	14.60	13.90	55.9%	2	1,708
21,598	34	37.2%	0.60	0.60	0.67	70.00	13.90	16.65	16.42	56.1%	7	157
4,162	7	39.0%	0.40	0.40	0.56	72.50	15.20	18.35	18.00	51.2%	4	176
10,827	52	37.8%	0.31	0.31	0.34	75.00	17.60	21.60	22.50	64.3%	792	261
1,535	10	47.5%	0.34	0.10	0.65	77.50	0.00	0.00	30.02	—	25	0
19,271	58	39.5%	0.18	0.16	0.20	80.00	23.25	26.55	27.10	71.4%	20	57
3,444	1	38.6%	0.05	0.01	0.12	82.50	18.70	22.80	40.10	—	1	0
2,811	56	41.4%	0.10	0.09	0.13	85.00	28.25	30.75	32.45	67.4%	1	0
1,019	4	50.4%	0.05	0.00	0.30	87.50	29.90	34.05	46.57	81.5%	1	0
23,668	140	41.0%	0.05	0.05	0.06	90.00	33.25	36.55	35.75	56.7%	102	0
2,555	8	42.0%	0.01	0.02	0.05	92.50	32.00	34.50	29.00	—	66	83
6,187	12	45.8%	0.03	0.01	0.07	95.00	37.40	41.55	53.70	90.3%	10	0
3,804	5	50.7%	0.02	0.02	0.20	97.50	36.00	41.00	33.15	—	2	42
61,931	125	44.5%	0.03	0.02	0.03	100.00	0.00	0.00	41.00	—	2	0
6,137	3	57.1%	0.05	0.00	0.25	105.00	46.00	51.45	45.15	99.2%	4	0
5,839	100	45.3%	0.01	0.00	0.01	110.00	47.50	52.50	51.35	—	43	0
4,228	100	52.3%	0.05	0.00	0.05	115.00	0.00	0.00	73.28	—	69	0
6,317	1	50.8%	0.01	0.00	0.01	120.00	72.55	77.50	77.97	201.5%	1	0
13,873	100	50.0%	0.01	0.00	0.01	125.00	70.50	74.25	64.72	128.8%	3	0
15,743	3	51.6%	0.01	0.00	0.01	130.00	87.65	90.80	72.50	247.2%	1	0
20,304	5	54.7%	0.01	0.00	0.01	135.00	77.40	81.55	94.00	56.3%	5	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 January 15, 2027 expiration, the PYPL put/call ratio based on open interest is 0.33 (111,462 puts vs 336,740 calls), and 0.81 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 January 15, 2027 is about 37.2%, 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.