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

Looking at options history for PayPal Holdings ( PYPL ) we detected 12 trades.

If we consider the specifics of each trade, it is accurate to state that 58% of the investors opened trades with bullish expectations and 33% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $136,113 and 9, calls, for a total amount of $405,268.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $52.5 to $70.0 for PayPal Holdings ( PYPL ) over the recent three months.

Analyzing Volume & Open Interest

In today's trading context, the average open interest for options of PayPal Holdings ( PYPL ) stands at 3736.55, with a total volume reaching 619.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in PayPal Holdings ( PYPL ), situated within the strike price corridor from $52.5 to $70.0, throughout the last 30 days.

PayPal Holdings Option Activity Analysis: Last 30 Days

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.

In light of the recent options history for PayPal Holdings ( PYPL ), it's now appropriate to focus on the company itself. We aim to explore its current performance.

PayPal Holdings's Current Market Status

Currently trading with a volume of 3,756,772, the PYPL's price is down by -2.43%, now at $61.89.

RSI readings suggest the stock is currently is currently neutral between overbought and oversold.

Anticipated earnings release is in 48 days.

Expert Opinions on PayPal Holdings

3 market experts have recently issued ratings for this stock, with a consensus target price of $83.66666666666667.

Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for PayPal Holdings ( PYPL ), targeting a price of $81.

Showing optimism, an analyst from Mizuho upgrades its rating to Buy with a revised price target of $90.

An analyst from New Street Research downgraded its action to Buy with a price target of $80.

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