Behind the Scenes of PayPal Holdings's Latest Options Trends
Recently, there has been a noticeable increase in bullish activities surrounding PayPal Holdings (NASDAQ: PYPL). Investors with significant capital have shown interest, as reflected in the options history accessible to the public.
This situation warrants attention from retail traders.
The data we observed today included 11 options trades involving PayPal Holdings. Such a volume of trades is not typical and may suggest that high-value investors have insights into forthcoming developments.
The trading sentiments among these investors are split evenly, with 45% taking a bullish stance and the other 45% bearish.
Among the various options traded, one put option was recorded, totaling approximately $38,478, while 10 call options accounted for about $490,761 in total.
Price Target Outlook
The significant trading activity indicates that major investors are targeting a price range between $60.00 and $95.00 for PayPal over the next three months.
Volume and Open Interest Trends
As of today, the average open interest for PayPal options is around 4,210.45 contracts, with overall trading volume reaching 8,919.00. The accompanying data illustrates the trajectory of both call and put option volumes and open interests for high-value trades in PayPal Holdings, particularly within the strike price window from $60.00 to $95.00, over the past month.
Recent Options Activity
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
PYPL | CALL | TRADE | BEARISH | 02/14/25 | $2.3 | $2.02 | $2.1 | $78.00 | $101.8K | 2.5K | 485 |
PYPL | CALL | SWEEP | BULLISH | 02/21/25 | $1.47 | $1.42 | $1.46 | $80.00 | $72.6K | 8.6K | 5.6K |
PYPL | CALL | TRADE | BULLISH | 02/28/25 | $2.3 | $2.23 | $2.3 | $80.00 | $57.5K | 854 | 392 |
PYPL | CALL | TRADE | BEARISH | 04/17/25 | $4.35 | $3.9 | $4.05 | $80.00 | $45.3K | 1.8K | 114 |
PYPL | CALL | SWEEP | BULLISH | 02/07/25 | $3.2 | $3.1 | $3.1 | $76.00 | $40.9K | 254 | 158 |
About PayPal Holdings
Founded as a separate entity from eBay in 2015, PayPal offers electronic payment solutions to both merchants and consumers, focusing particularly on online transactions. As of late 2023, PayPal had approximately 426 million active accounts and also owns Venmo, a person-to-person payment platform.
Current Status of PayPal Holdings' Market Activity
- Trading volume is recorded at 7,001,787, with PYPL stocks seeing a 1.6% increase, currently priced at $78.97.
- Relative Strength Index (RSI) indicates that the stock might be nearing oversold levels.
- The next earnings report is anticipated in 83 days.
Analyst Ratings on PayPal Holdings
Over the past month, five analysts provided ratings for PayPal, giving it an average target price of $89.8.
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One analyst from Wells Fargo has maintained an Equal-Weight rating for PayPal with a target price of $80. Analysts from Citigroup have a Buy rating with target prices of $97 and $98, respectively. Meanwhile, Morgan Stanley also holds an Equal-Weight rating with a target at $79, and Baird continues to hold an Outperform rating targeting $95.
Engaging in trading options carries heightened risks but can also lead to significant profits. Experienced traders often manage these risks through ongoing education, strategic adjustments in trading, and awareness of market trends. Stay updated on the latest options transactions for PayPal Holdings.
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