thetaOwl

PYPL

PayPal Holdings, Inc.Close $44.38EOD only
Max Pain
$45.50
Next expiry May 22, 2026
Expected Move
±$0.95
2.1% from close
Price Gap
+1.13
Distance to max pain
IV Rank
7
Low premium
P/C OI
0.50
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects PYPL options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 20, 2026 close
PYPL Options Chain
Data as of market close May 20, 2026

Compare calls and puts side by side with OI, volume, IV, and positioning context.

Control Row
Next expiry (DTE 2)

Blank greek cells usually mean usable implied volatility was unavailable for that contract in the market-close snapshot.

Open Interest by Strike

IV Skew

Volume by Strike

Calls

StrikeLastBidAskChgVolOIIVDeltaGammaThetaVegaRho
35.009.197.3011.05-0.01117353.9%0.8500.0200-0.6800.0080.001
36.008.297.609.400.29536145.3%0.9770.0113-0.0680.0020.002
37.006.726.607.80-0.6042178.1%0.9260.0240-0.2090.0050.002
38.006.225.806.800.22910159.0%0.9160.0295-0.2050.0050.002
40.004.223.904.800.1014249120.9%0.8860.0485-0.1950.0060.002
41.003.172.853.800.085339101.6%0.8630.0658-0.1870.0070.002
41.501.962.073.35-2.5422596.1%0.8370.0781-0.1990.0080.002
42.002.392.102.680.39212971.1%0.8590.0958-0.1350.0070.002
42.501.601.792.10-0.71721054.5%0.8640.1222-0.1020.0070.002
43.001.491.351.630.0014219447.5%0.8210.1676-0.1060.0090.002
43.501.051.001.090.2733714734.2%0.7910.2561-0.0850.0090.002
44.000.700.670.770.181,38439935.2%0.6360.3251-0.1120.0120.002
44.500.440.410.450.0587476831.7%0.4610.3808-0.1060.0130.001
45.000.240.230.270.032,5911,81332.4%0.2870.3201-0.0920.0110.001
45.500.140.120.150.005553,52532.8%0.1570.2225-0.0650.0080.000
46.000.080.070.080.004926,14533.6%0.0770.1311-0.0400.0050.000
46.500.040.040.05-0.023523,40035.9%0.0410.0749-0.0260.0030.000
47.000.020.020.03-0.021,2466,48837.5%0.0200.0398-0.0150.0020.000
47.500.010.010.02-0.026876,24939.8%0.0110.0224-0.0100.0010.000
48.000.010.010.02-0.01445,64545.3%0.0100.0183-0.0100.0010.000
48.500.010.000.060.00415,42053.9%0.0140.0200-0.0160.0010.000
49.000.020.000.030.00922,06152.3%0.0060.0094-0.0070.0010.000
49.500.020.000.19-0.01127279.3%0.0340.0288-0.0490.0020.000
50.000.010.000.010.00671,43553.1%0.0010.0025-0.0020.0000.000
51.000.010.000.030.00136770.3%0.0040.0053-0.0070.0000.000
52.000.020.000.030.00496878.1%0.0030.0040-0.0070.0000.000
53.000.040.000.010.00188675.0%0.0010.0011-0.0020.0000.000
54.000.020.000.260.002310133.6%0.0270.0140-0.0680.0020.000
55.000.040.000.010.0321,72187.5%0.0010.0006-0.0010.0000.000
56.000.010.000.070.001350121.9%0.0060.0040-0.0160.0010.000
57.000.020.000.020.003257109.4%0.0010.0011-0.0030.0000.000
58.000.020.000.020.003231117.2%0.0010.0010-0.0040.0000.000
59.000.050.000.050.04864137.5%0.0030.0020-0.0100.0000.000
60.000.010.000.010.004701118.8%0.0000.0003-0.0010.0000.000
61.000.020.000.04-0.08222146.9%0.0020.0013-0.0080.0000.000
62.000.050.000.030.0017148.4%0.0010.0009-0.0060.0000.000
63.000.020.000.030.00235154.7%0.0010.0009-0.0060.0000.000
65.000.010.000.010.00518150.0%0.0000.0003-0.0020.0000.000

Puts

StrikeLastBidAskChgVolOIIVDeltaGammaThetaVegaRho
25.000.010.000.010.0004225.0%-0.0000.0001-0.0010.000-0.000
30.000.030.000.010.00586156.3%-0.0000.0002-0.0010.000-0.000
35.000.010.000.020.00153109.4%-0.0010.0013-0.0040.000-0.000
36.000.140.000.030.0028101.6%-0.0020.0022-0.0060.000-0.000
37.000.040.000.040.0013593.8%-0.0040.0038-0.0090.000-0.000
38.000.010.000.04-0.0131481.3%-0.0040.0049-0.0090.000-0.000
39.000.010.000.07-0.0284076.6%-0.0100.0110-0.0170.001-0.000
40.000.010.000.01-0.012014551.6%-0.0030.0054-0.0040.000-0.000
40.500.020.000.19-0.0212170.7%-0.0380.0355-0.0480.003-0.000
41.000.030.000.010.0010825841.4%-0.0050.0099-0.0050.000-0.000
41.500.020.000.02-0.013316339.8%-0.0110.0220-0.0090.001-0.000
42.000.050.010.02-0.031652,30434.4%-0.0140.0326-0.0100.001-0.000
42.500.040.030.04-0.1013430532.4%-0.0340.0714-0.0200.002-0.000
43.000.070.080.09-0.179171,26632.0%-0.0890.1526-0.0420.005-0.000
43.500.180.150.18-0.253461,75631.4%-0.1900.2628-0.0690.009-0.000
44.000.340.290.34-0.332423,07431.6%-0.3500.3565-0.0940.012-0.001
44.500.540.480.55-0.42801,81930.2%-0.5410.4003-0.0950.013-0.001
45.000.950.800.94-0.401031,59735.5%-0.6950.3001-0.0990.012-0.002
45.501.611.151.39-0.083440542.2%-0.7820.2126-0.0980.010-0.002
46.001.711.551.86-0.49432,29148.8%-0.8340.1553-0.0950.008-0.002
46.503.141.972.330.55114054.3%-0.8720.1171-0.0880.007-0.002
47.002.702.343.10-0.251061,09285.7%-0.8080.0970-0.1880.009-0.002
47.503.222.753.80-0.22517363.1%-0.9230.0694-0.0690.005-0.002
48.003.943.404.100.03714866.4%-0.9420.0535-0.0580.004-0.002
48.503.454.055.300.00115116.8%-0.8370.0642-0.2310.008-0.002
49.004.814.305.30-0.24335785.9%-0.9360.0443-0.0830.004-0.003
49.505.314.805.80-0.1121592.2%-0.9410.0388-0.0830.004-0.003
50.005.875.206.40-0.08327498.2%-0.9450.0343-0.0840.004-0.003
51.006.856.257.35-0.04215109.8%-0.9520.0275-0.0840.003-0.003
52.007.757.058.500.0020116.8%-0.9630.0210-0.0710.003-0.003
53.007.537.109.900.0010243.8%-0.8140.0334-0.5310.009-0.002
54.0010.238.3510.750.0020245.3%-0.8390.0304-0.4870.008-0.003
55.0010.699.4511.900.0051120.3%-0.9910.0062-0.0180.001-0.003
56.0011.439.9512.350.0020233.8%-0.8960.0236-0.3420.006-0.003
57.0012.4810.9514.100.0040313.3%-0.8320.0244-0.6400.008-0.003
58.0013.5311.9514.500.0020271.7%-0.8910.0210-0.4120.006-0.003
59.0014.3012.9516.750.00140199.2%-0.9680.0109-0.1100.002-0.003
60.0015.3214.0017.250.002050.0%-1.0000.00000.0070.000-0.003
62.0017.4215.9519.700.0010219.5%-0.9760.0079-0.0950.002-0.003
How to Read the Chain
Use this market-close chain snapshot to compare liquidity, pricing, IV, and per-contract greeks across the active expiration.
How to scan it

Start with strike, bid/ask spread, open interest, and volume. Then use IV and greeks to decide whether a contract fits your directional, income, or volatility idea.

What matters first

Clean fills matter before a contract looks mathematically attractive. A thin market can erase the edge you think you found.

What can mislead you

Low premium, high IV, or one convenient delta do not make a trade by themselves. Check how far the strike sits from spot, expected move, and the event calendar.

Greeks are close-of-day estimates, and blank greek cells usually mean usable implied volatility was unavailable for that contract.