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: Sep 17, 2027
Days to expiration: 341
Share price: $55.53
Put/call ratio (OI): 0.76
Put/call ratio (volume): 0.69
ATM implied volatility: 38.5%
Expected move: ±$20.67
Open interest (C / P): 1.31K / 996

PYPL options summary

The PYPL options chain for the September 17, 2027 expiration lists 20 call and 18 put contracts, with 341 days until expiration. Open interest stands at 1,307 calls and 996 puts, a put/call ratio of 0.76, which is fairly balanced between calls and puts. At-the-money implied volatility near the $55.00 strike is 38.5%, which implies the market expects a move of about ±$20.67 (37.2%) in PayPal stock by expiration.

The most open interest sits at the $60.00 call (260 contracts) and the $45.00 put (528 contracts).

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

PYPL options chain · September 17, 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
—	—	—	—	—	—	27.50	0.10	0.53	0.25	48.5%	—	4
20	—	67.2%	24.00	24.50	27.90	30.00	0.00	0.65	0.35	45.5%	1	11
11	1	63.3%	23.00	22.10	25.70	32.50	0.35	2.70	0.57	51.8%	15	61
6	—	59.9%	20.00	20.00	23.55	35.00	0.50	1.08	0.75	41.4%	35	36
3	3	55.6%	19.80	18.00	21.30	37.50	—	—	—	—	—	—
53	1	52.7%	16.40	15.80	19.25	40.00	0.50	2.35	1.36	42.8%	1	15
3	—	50.3%	14.87	14.25	17.30	42.50	1.49	2.05	1.96	35.4%	7	41
7	1	51.8%	14.20	13.50	16.05	45.00	1.06	2.63	2.34	34.3%	16	528
37	1	45.8%	11.00	11.15	13.60	47.50	2.72	3.40	3.10	33.7%	1	25
18	1	42.5%	10.85	10.55	11.65	50.00	3.40	4.30	3.95	33.1%	2	100
58	54	43.2%	8.70	8.30	10.55	52.50	4.85	5.20	5.00	31.8%	2	86
63	1	40.7%	8.30	6.40	8.90	55.00	4.80	7.45	6.20	36.3%	1	53
PYPL $55.53
72	2	39.6%	6.90	6.85	7.65	57.50	7.10	7.95	7.45	31.9%	1	12
260	2	40.7%	6.18	5.70	6.95	60.00	7.45	9.85	8.78	33.4%	1	3
88	5	43.1%	5.30	3.45	6.65	62.50	9.25	11.45	5.87	32.9%	—	1
145	1	39.0%	4.40	3.85	5.05	65.00	11.00	13.20	12.43	32.6%	—	3
176	2	39.2%	3.70	3.20	4.45	67.50	11.80	15.05	15.20	32.3%	1	1
209	12	36.7%	3.19	2.70	3.40	70.00	14.15	17.05	17.51	32.3%	1	8
47	16	38.2%	1.91	0.54	2.77	75.00	19.00	22.05	20.67	37.1%	1	8
2	1	37.9%	1.10	0.50	2.03	80.00	—	—	—	—	—	—
29	20	37.5%	0.95	0.50	1.47	85.00	—	—	—	—	—	—

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 September 17, 2027 expiration, the PYPL put/call ratio based on open interest is 0.76 (996 puts vs 1,307 calls), and 0.69 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 September 17, 2027 is about 38.5%, 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.