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 17, 2027
Days to expiration: 433
Share price: $55.53
Put/call ratio (OI): 0.73
Put/call ratio (volume): 4.63
ATM implied volatility: 36.1%
Expected move: ±$21.86
Open interest (C / P): 55.81K / 40.84K

PYPL options summary

The PYPL options chain for the December 17, 2027 expiration lists 34 call and 34 put contracts, with 433 days until expiration. Open interest stands at 55,806 calls and 40,844 puts, a put/call ratio of 0.73, which is fairly balanced between calls and puts. At-the-money implied volatility near the $55.00 strike is 36.1%, which implies the market expects a move of about ±$21.86 (39.4%) in PayPal stock by expiration.

The most open interest sits at the $100.00 call (10.83K contracts) and the $35.00 put (5.82K contracts).

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

PYPL options chain · December 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
64	3	91.2%	33.20	33.50	37.95	20.00	0.00	0.29	0.09	53.1%	1	65
30	3	125.3%	34.20	37.00	42.00	22.50	0.03	0.27	0.13	46.8%	1	1,079
10	3	75.0%	30.00	29.00	33.05	25.00	0.00	0.42	0.22	45.8%	1	217
581	1	67.2%	27.05	27.00	30.50	27.50	0.01	0.61	0.55	44.5%	2	152
2,516	2	61.6%	26.50	25.00	28.10	30.00	0.24	0.60	0.50	39.6%	2	2,470
702	1	59.6%	24.02	22.50	26.10	32.50	0.11	1.18	0.74	42.5%	2	2,229
165	1	57.3%	20.00	21.05	24.10	35.00	0.30	1.08	1.25	36.8%	3	5,816
212	2	53.4%	19.50	18.30	21.90	37.50	0.81	1.37	1.26	35.2%	32	1,371
1,077	2	54.4%	18.85	16.50	20.50	40.00	1.28	2.00	1.84	35.6%	1	3,847
663	1	48.9%	16.84	14.55	18.05	42.50	1.39	2.87	2.33	36.6%	10	1,667
1,093	7	48.3%	14.00	13.50	16.50	45.00	2.45	3.20	2.88	33.7%	5	1,580
240	1	49.0%	10.95	11.05	15.30	47.50	2.95	4.15	4.60	33.7%	1	2,545
2,013	21	44.0%	11.87	10.25	13.00	50.00	3.80	4.70	4.33	31.3%	17	3,233
383	14	43.9%	10.79	8.85	11.80	52.50	4.55	6.70	6.16	34.9%	2	1,973
1,102	1	39.6%	9.00	7.10	9.70	55.00	5.65	7.55	6.65	32.7%	127	1,907
PYPL $55.53
213	7	41.5%	6.25	5.50	9.15	57.50	6.20	8.35	7.90	30.0%	51	338
3,370	6	38.4%	7.03	5.85	7.50	60.00	7.85	10.85	9.60	33.8%	6	5,318
495	3	39.8%	6.12	4.95	7.00	62.50	8.30	11.80	11.00	30.7%	12	733
2,127	2	39.5%	5.40	4.00	6.20	65.00	10.15	13.65	13.05	30.9%	1	1,085
977	9	37.2%	4.35	3.55	5.00	67.50	12.00	15.40	15.25	30.3%	5	1,126
2,456	17	34.9%	3.80	3.40	3.90	70.00	13.50	18.50	16.80	35.5%	400	1,391
697	2	39.0%	2.25	0.50	4.30	72.50	0.00	0.00	13.50	—	10	0
1,206	6	34.6%	2.65	1.52	2.91	75.00	0.00	0.00	22.28	—	10	0
352	8	36.5%	2.30	1.69	2.90	77.50	0.00	0.00	17.00	—	1	0
1,530	95	36.3%	2.02	1.07	2.51	80.00	22.70	26.75	25.10	35.1%	616	616
235	2	36.0%	1.65	1.20	2.14	82.50	25.50	30.00	24.00	40.9%	1	1
1,043	10	35.6%	1.25	0.75	1.81	85.00	0.00	0.00	41.52	—	4	0
886	30	36.7%	1.25	0.00	1.75	87.50	45.00	49.00	31.60	96.5%	2	1
2,527	2	33.9%	1.15	0.50	1.15	90.00	0.00	0.00	30.80	—	10	0
1,350	20	35.0%	0.67	0.30	0.98	95.00	31.00	35.50	38.11	—	1	1
10,831	27	33.9%	0.48	0.44	0.64	100.00	52.50	57.50	56.99	85.8%	4	0
1,487	1	36.8%	0.37	0.20	0.72	105.00	61.00	64.55	48.50	100.1%	2	0
4,498	5	36.0%	0.24	0.15	0.50	110.00	52.00	56.95	57.32	52.7%	15	0
8,675	5	33.1%	0.19	0.13	0.23	115.00	57.00	61.00	61.30	48.2%	124	83

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 17, 2027 expiration, the PYPL put/call ratio based on open interest is 0.73 (40,844 puts vs 55,806 calls), and 4.63 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 17, 2027 is about 36.1%, 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.