Whales with a lot of money to spend have taken a noticeably bearish stance on PayPal Holdings ( PYPL ).

Looking at options history for PayPal Holdings ( PYPL ) we detected 11 trades.

If we consider the specifics of each trade, it is accurate to state that 27% of the investors opened trades with bullish expectations and 45% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $80,100 and 9, calls, for a total amount of $720,345.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $50.0 to $130.0 for PayPal Holdings ( PYPL ) during the past quarter.

Insights into Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in PayPal Holdings's ( PYPL ) options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to PayPal Holdings's ( PYPL ) substantial trades, within a strike price spectrum from $50.0 to $130.0 over the preceding 30 days.

PayPal Holdings Call and Put Volume: 30-Day Overview

Significant Options Trades Detected:

About PayPal Holdings

PayPal ( PYPL ) 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 426 million active accounts at the end of 2023. The company also owns Venmo, a person-to-person payment platform.

PayPal Holdings's Current Market Status

Currently trading with a volume of 3,815,285, the PYPL's price is down by -0.81%, now at $85.83.

RSI readings suggest the stock is currently may be approaching overbought.

Anticipated earnings release is in 64 days.

Professional Analyst Ratings for PayPal Holdings

1 market experts have recently issued ratings for this stock, with a consensus target price of $88.0.

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* In a cautious move, an analyst from Piper Sandler downgraded its rating to Neutral, setting a price target of $88.

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. Stay informed about the latest PayPal Holdings ( PYPL ) options trades with real-time alerts from Benzinga Pro.