Deep-pocketed investors have adopted a bullish approach towards PayPal Holdings (NASDAQ:PYPL), and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in PYPL usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga’s options scanner highlighted 46 extraordinary options activities for PayPal Holdings. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 52% leaning bullish and 32% bearish. Among these notable options, 16 are puts, totaling $673,919, and 30 are calls, amounting to $1,710,400.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $30.0 to $115.0 for PayPal Holdings over the last 3 months.
Analyzing Volume & Open Interest
In today’s trading context, the average open interest for options of PayPal Holdings stands at 4703.38, with a total volume reaching 17,027.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in PayPal Holdings, situated within the strike price corridor from $30.0 to $115.0, throughout the last 30 days.
PayPal Holdings Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
PYPL
CALL
TRADE
BEARISH
02/06/26
$2.13
$2.05
$2.05
$59.00
$201.1K
245
1.0K
PYPL
CALL
TRADE
BEARISH
02/06/26
$1.92
$1.8
$1.8
$60.00
$180.0K
3.6K
1.0K
PYPL
CALL
SWEEP
BULLISH
12/15/28
$31.9
$30.6
$31.75
$30.00
$120.9K
26
211
PYPL
CALL
TRADE
NEUTRAL
01/21/28
$13.15
$12.75
$12.94
$60.00
$93.1K
1.9K
85
PYPL
PUT
SWEEP
BULLISH
05/15/26
$4.0
$3.9
$3.93
$55.00
$81.8K
3.0K
959
About PayPal Holdings
PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 434 million active accounts at the end of 2024. The company also owns Venmo, a person-to-person payment platform.
After a thorough review of the options trading surrounding PayPal Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
PayPal Holdings’s Current Market Status
- With a trading volume of 8,631,943, the price of PYPL is down by -0.16%, reaching $57.56.
- Current RSI values indicate that the stock is may be oversold.
- Next earnings report is scheduled for 22 days from now.
Professional Analyst Ratings for PayPal Holdings
In the last month, 4 experts released ratings on this stock with an average target price of $69.0.
- An analyst from Susquehanna persists with their Positive rating on PayPal Holdings, maintaining a target price of $90.
- An analyst from Morgan Stanley downgraded its action to Underweight with a price target of $51.
- Maintaining their stance, an analyst from Citigroup continues to hold a Neutral rating for PayPal Holdings, targeting a price of $60.
- Maintaining their stance, an analyst from Mizuho continues to hold a Outperform rating for PayPal Holdings, targeting a price of $75.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements.
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