Paper traded PYPL Apr 30 puts and 37 calls for 1.20 and 80. ??
Shares of Paypal Holdings Inc. (PYPL) are down 2.34 to 32.72 today.? PYPL is near the lower end the 52 week range.
- Paper traded PYPL Apr 30 puts and 37 calls for 1.20 and 80. ??
- The ADV is 11204 contracts.? ?
- The open interest is 12000 on the puts and 1900 on the calls.
The volume went up on in two blocks on the ISE marked straddle.? The APL 26/30 put spread traded too 5000x so it is possible the client is closing the 30 puts and rolling down in less size to the Apr 26 puts.? IF The collar is a solo trade it is either protecting stock or a short position in PYPL.
- IV 30 is trading for 46%.?
- HV10 is trading for 60%.?
- IV 30 is below the HV 10.
PayPal Holdings, Inc. (PayPal) is a technology platform company, which enables digital and mobile payments on behalf of consumers and merchants around the world. The Company focuses on its consumers, merchants, friends and family to access and move their money through its platform using various devices, such as mobile, tablets, personal computers and wearables.